XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Revenue:    
Total revenue $ 238,015 $ 184,685
Costs of revenue:    
Amortization of acquired intangibles 10,422 7,859
Total costs of revenue 46,231 32,809
Gross profit 191,784 151,876
Operating expenses:    
Sales and marketing 51,296 39,111
Product development 46,375 34,988
General and administrative 25,623 21,344
Amortization of acquired intangibles 25,808 17,389
Cyber vulnerability response expenses, net 737 987
Restructuring expenses 7,029 2,349
Acquisition-related expenses 2,490 702
Total operating expenses 159,358 116,870
Income from operations 32,426 35,006
Other (expense) income:    
Interest expense (18,429) (7,344)
Interest income and other, net 487 624
Foreign currency loss, net (1,182) (679)
Total other expense, net (19,124) (7,399)
Income before income taxes 13,302 27,607
Provision for income taxes 2,356 4,968
Net income $ 10,946 $ 22,639
Earnings per share:    
Basic (in dollars per share) $ 0.25 $ 0.52
Diluted (in dollars per share) $ 0.24 $ 0.51
Weighted average shares outstanding:    
Basic (in shares) 43,256 43,802
Diluted (in shares) 44,887 44,826
Cash dividends declared per common share (in dollars per share) $ 0 $ 0.175
Software licenses    
Revenue:    
Total revenue $ 58,445 $ 64,100
Costs of revenue:    
Cost of revenue 2,925 2,731
Maintenance, SaaS, and professional services    
Revenue:    
Total revenue 179,570 120,585
Costs of revenue:    
Cost of revenue $ 32,884 $ 22,219