Debt

3 Months Ended

Feb. 28, 2025

Line of Credit Facility [Abstract]

Debt

Debt

As of February 28, 2025 and November 30, 2024, we had the following debt obligations:

(in thousands)	February 28, 2025		November 30, 2024
1.0% convertible senior notes due 2026	$	360,000	$	360,000
3.5% convertible senior notes due 2030	450,000		450,000
Revolving credit facility	700,000		730,000
Total face value of long-term debt	1,510,000		1,540,000
Unamortized discount and issuance costs for the Notes	(12,723)		(13,733)
Long-term debt	$	1,497,277	$	1,526,267

During the three months ended February 28, 2025, we repaid $30.0 million on the revolving credit facility. The average interest rate of the revolving credit facility during the three months ended February 28, 2025 was 6.60%, and the interest rate as of February 28, 2025 was 6.67%.