v3.24.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Nov. 30, 2022
Cash flows from operating activities:      
Net income $ 68,438 $ 70,197 $ 95,069
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property and equipment 6,426 6,345 5,002
Amortization of acquired intangibles and other 96,618 96,802 69,730
Amortization of debt discount and issuance costs 3,525 2,147 2,112
Stock-based compensation 46,756 40,529 37,094
Non-cash lease expense 11,723 9,393 7,781
Gain on sale of assets held for sale 0 0 (10,770)
Deferred income taxes (7,750) (28,641) (7,602)
Credit losses and other sales allowances 544 488 774
Changes in operating assets and liabilities:      
Accounts receivable (45,880) 12,119 (27,254)
Other assets (2,897) (1,579) (2,214)
Inventories 0 2,489 (1,556)
Accounts payable and accrued liabilities 28,922 (1,242) (3,583)
Lease liabilities (11,556) (10,472) (8,571)
Income taxes payable 442 (553) (120)
Deferred revenue, net 16,183 (24,102) 36,268
Net cash flows from operating activities 211,494 173,920 192,160
Cash flows (used in) from investing activities:      
Purchases of investments 0 (15,262) 0
Sales and maturities of investments 0 15,700 1,950
Purchases of property and equipment (5,206) (5,570) (6,090)
Payments for acquisitions, net of cash acquired (852,702) (355,250) 0
Proceeds from sale of long-lived assets, net 0 0 25,998
Other investing activities 0 0 134
Net cash flows (used in) from investing activities (857,908) (360,382) 21,992
Cash flows from (used in) financing activities:      
Proceeds from equity plans 27,761 25,956 16,165
Payments for taxes related to net share settlements of equity awards (17,170) (12,377) (7,824)
Repurchases of common stock (86,777) (33,962) (77,041)
Proceeds from issuance of convertible senior notes, net of issuance costs 438,750 0 0
Purchase of capped calls (42,210) 0 0
Dividend payments to stockholders (31,460) (31,554) (31,063)
Proceeds from the issuance of debt 730,000 195,000 7,475
Repayment of revolving line of credit (110,000) (85,000) 0
Principal payment on term loan (261,250) (6,875) (6,873)
Payment of credit facility debt issuance costs (6,821) 0 (2,262)
Net cash flows from (used in) financing activities 640,823 51,188 (101,423)
Effect of exchange rate changes on cash (3,290) 5,955 (11,858)
Net (decrease) increase in cash and cash equivalents (8,881) (129,319) 100,871
Cash and cash equivalents, beginning of year 126,958 256,277 155,406
Cash and cash equivalents, end of year 118,077 126,958 256,277
Supplemental disclosure:      
Cash paid for income taxes, net of refunds of $2,881 in 2024, $965 in 2023 and $968 in 2022 32,386 39,771 28,680
Cash paid for interest 21,771 23,867 8,572
Non-cash investing and financing activities:      
Dividends declared and unpaid $ 0 $ 8,376 $ 8,115