Restructuring

6 Months Ended

May 31, 2025

Restructuring Charges [Abstract]

Restructuring

Restructuring

The following table provides a summary of activity for our restructuring actions:

(in thousands)	Excess Facilities and Other Costs		Employee Severance and Related Benefits		Total
Balance, December 1, 2024	$	4,339	$	5,695	$	10,034
Costs incurred	1,752		6,320		8,072
Cash disbursements	(2,694)		(10,427)		(13,121)
Translation and other adjustments	—		24		24
Balance, May 31, 2025	$	3,397	$	1,612	$	5,009

Costs incurred during the three and six months ended May 31, 2025 are primarily related to our restructuring action that commenced in fiscal year 2024, arising from the integration of the ShareFile business. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through the fourth quarter of fiscal year 2025. The restructuring reserve is included in other accrued liabilities on the condensed consolidated balance sheets as of May 31, 2025. We do not expect to incur additional material expenses in connection with this restructuring.