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Stockholders' Equity | 12 Months Ended
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Nov. 30, 2018
Equity [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Comprehensive Income (Loss) The components of accumulated other comprehensive income (loss) and activity, net of related taxes, for fiscal 2018 were as follows (in thousands):
| December 1, 2017 |  | Increase / Decrease |  | Reclassification Adjustments |  | November 30, 2018
Net unrealized gains / losses on available-for-sale securities: |  |  |  |  |  |  |
Unrealized gains on available-for-sale securities | $ | 2,704 |  |  | $ | (2,005 | ) |  | $ | (655 | ) |  | $ | 44 |
Unrealized losses on available-for-sale securities | (14,220 | ) |  | (22,459 | ) |  | 11,305 |  |  | (25,374 | )
Total net unrealized gains / losses on available-for-sale securities | (11,516 | ) |  | (24,464 | ) |  | 10,650 |  | (1 | ) | (25,330 | )
Net unrealized gains / losses on derivative instruments designated as hedging instruments | (3,367 | ) |  | 74,080 |  |  | (48,981 | ) | (2 | ) | 21,732 |
Cumulative foreign currency translation adjustments | (96,938 | ) |  | (47,594 | ) |  | — |  |  | (144,532 | )
Total accumulated other comprehensive income (loss), net of taxes | $ | (111,821 | ) |  | $ | 2,022 |  |  | $ | (38,331 | ) |  | $ | (148,130 | )
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(1) | Reclassification adjustments for gains / losses on available-for-sale securities are classified in interest and other income (expense), net.
(2) | Reclassification adjustments for gains / losses on other derivative instruments are classified in revenue.
The following table sets forth the taxes related to each component of other comprehensive income for fiscal 2018, 2017 and 2016 (in thousands):
|  | 2018 |  | 2017 |  | 2016
Available-for-sale securities: |  |  |  |  |  |
Unrealized gains / losses |  | $ | — |  |  | $ | 663 |  |  | $ | (299 | )
Reclassification adjustments |  | — |  |  | (491 | ) |  | 108 |
Subtotal available-for-sale securities |  | — |  |  | 172 |  |  | (191 | )
Derivatives designated as hedging instruments: |  |  |  |  |  |
Reclassification adjustments |  | (1,946 | ) |  | (732 | ) |  | (552 | )
Subtotal derivatives designated as hedging instruments |  | (1,946 | ) |  | (732 | ) |  | (552 | )
Foreign currency translation adjustments |  | (1,742 | ) |  | 3,005 |  |  | 24 |
Total taxes, other comprehensive income (loss) |  | $ | (3,688 | ) |  | $ | 2,445 |  |  | $ | (719 | )
Stock Repurchase Program To facilitate our stock repurchase program, designed to return value to our stockholders and minimize dilution from stock issuances, we may repurchase shares in the open market or enter into structured repurchase agreements with third parties. In January 2017, our Board of Directors approved a stock repurchase program granting us authority to repurchase up to $2.5 billion in common stock through the end of fiscal 2019. In May 2018, our Board of Directors granted us another authority to repurchase up to $8.0 billion in common stock through the end of fiscal 2021. The new stock repurchase program approved by our Board of Directors is similar to our previous stock repurchase programs. During fiscal 2018, 2017 and 2016, we entered into several structured stock repurchase agreements with large financial institutions, whereupon we provided them with prepayments totaling $2.05 billion, $1.10 billion, and $1.08 billion, respectively. We enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the Volume Weighted Average Price (“VWAP”) of our common stock over a specified period of time. We only enter into such transactions when the discount that we receive is higher than our estimate of the expected foregone return on our cash prepayments to the financial institutions. There were no explicit commissions or fees on these structured repurchases. Under the terms of the agreements, there is no requirement for the financial institutions to return any portion of the prepayment to us. The financial institutions agree to deliver shares to us at monthly intervals during the contract term. The parameters used to calculate the number of shares deliverable are: the total notional amount of the contract, the number of trading days in the contract, the number of trading days in the interval and the average VWAP of our stock during the interval less the agreed upon discount. During fiscal 2018, we repurchased approximately 8.7 million shares at an average price per share of $230.43 through structured repurchase agreements entered into during fiscal 2018 and fiscal 2017. During fiscal 2017, we repurchased approximately 8.2 million shares at an average price per share of $134.20 through structured repurchase agreements entered into during fiscal 2017 and fiscal 2016. During fiscal 2016, we repurchased approximately 10.4 million shares at an average price per share of $97.16 through structured repurchase agreements entered into during fiscal 2016 and fiscal 2015. For fiscal 2018, 2017 and 2016, the prepayments were classified as treasury stock on our Consolidated Balance Sheets at the payment date, though only shares physically delivered to us by November 30, 2018, December 1, 2017 and December 2, 2016 were excluded from the computation of earnings per share. As of November 30, 2018, $150.0 million of prepayments from our May 2018 authority remained under the agreement. Subsequent to November 30, 2018, as part of the 2018 stock repurchase authority, we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $500 million. This amount will be classified as treasury stock on our Consolidated Balance Sheets. Upon completion of the $500 million stock repurchase agreement, $7.35 billion remains under our May 2018 authority. As of November 30, 2018, there is no remaining balance under our January 2017 authority.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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