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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Cash flows from operating activities:    
Net income $ 10,946 $ 22,639
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 1,619 1,589
Amortization of acquired intangibles and other 36,581 25,408
Amortization of debt discount and issuance costs 1,009 547
Stock-based compensation 14,683 12,464
Non-cash lease expense 3,443 4,259
Deferred income taxes (1,696) (3,295)
Credit losses and other sales allowances 1,323 363
Changes in operating assets and liabilities:    
Accounts receivable 33,008 30,454
Other assets (2,168) 1,530
Accounts payable and accrued liabilities (22,821) (24,897)
Lease liabilities (3,080) (2,949)
Income taxes payable (260) (461)
Deferred revenue, net (3,640) 2,853
Net cash flows from operating activities 68,947 70,504
Net cash flows used in investing activities:    
Purchases of property and equipment (1,290) (309)
Payments for acquisitions (1,195) 0
Net cash flows used in investing activities (2,485) (309)
Net cash flows used in financing activities:    
Proceeds from equity plans 6,238 7,583
Payments for taxes related to net share settlements of equity awards (4,641) (5,890)
Repurchases of common stock, including excise tax (30,108) (22,500)
Dividend equivalent and dividend payments to stockholders (359) (8,171)
Repayment of revolving line of credit (30,000) (30,000)
Principal payment on term loan 0 (3,437)
Net cash flows used in financing activities (58,870) (62,415)
Effect of exchange rate changes on cash and cash equivalents (1,508) (1,516)
Net increase in cash and cash equivalents 6,084 6,264
Cash and cash equivalents, beginning of period 118,077 126,958
Cash and cash equivalents, end of period 124,161 133,222
Supplemental disclosure:    
Cash paid for income taxes, net of refunds of $778 in 2025 and $856 in 2024 3,121 3,179
Cash paid for interest 12,121 5,570
Non-cash investing and financing activities:    
Total fair value of restricted stock awards, restricted stock units and deferred stock units on date vested 10,677 13,947
Dividends declared and unpaid $ 0 $ 8,435