XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.2
Fair Value Measurements (Tables)
9 Months Ended
Aug. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements within the Fair Value Hierarchy of the Financial Assets
The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at August 31, 2025:
 
  Fair Value Measurements Using
 (in thousands)Total Fair ValueLevel 1Level 2Level 3
Assets
Money market funds$1,175 $1,175 $— $— 
Foreign exchange derivatives$112 $— $112 $— 
Liabilities
Contingent consideration$(1,080)$— $— $(1,080)

The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at November 30, 2024:
 
  Fair Value Measurements Using
 (in thousands)Total Fair ValueLevel 1Level 2Level 3
Assets
Money market funds$1,823 $1,823 $— $— 
Liabilities
Foreign exchange derivatives$(624)$— $(624)$— 
Schedule of Contingent Consideration Obligation Measured on Recurring Basis
The following table reflects the activity for our contingent consideration obligation measured at fair value using Level 3 inputs for the nine months ended August 31, 2025:

(in thousands)
Balance, December 1, 2024$— 
Acquisition date fair value of contingent consideration(1,080)
Balance, August 31, 2025$(1,080)
Schedule of Fair Value Disclosure of Asset and Liability Not Measured at Fair Value
The following table details the fair value and carrying value of our Convertible Senior Notes due 2026 and 2030 (together referred to as "the Notes"):

August 31, 2025November 30, 2024
(in thousands)Carrying ValueFair ValueCarrying ValueFair Value
Convertible senior notes due 2026(1)
$358,619 $362,778 $356,946 $449,094 
Convertible senior notes due 2030(2)
440,713 460,752 439,321 550,827 
Total$799,332 $823,530 $796,267 $999,921 
(1) The carrying value of the convertible senior notes due 2026 (the "2026 Notes"), is reflected net of $1.4 million and $3.1 million of unamortized debt issuance costs as of August 31, 2025 and November 30, 2024, respectively.
(2) The carrying value of the convertible senior notes due 2030 (the "2030 Notes"), is reflected net of $9.3 million and $10.7 million of unamortized debt issuance costs as of August 31, 2025 and November 30, 2024, respectively.