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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 01, 2019
Impact of ASC 606 Adoption on Opening Balance Sheets We recognized the following cumulative effects of initially applying the new revenue standard as of December 1, 2018:
 
As of
November 30, 2018
 
ASC 606 Adoption Adjustments
 
As of
December 1, 2018
Assets
 
 
 
 
 
Trade receivables, net of allowances for doubtful accounts
$
1,315,578

 
$
43,028

 
$
1,358,606

Prepaid expenses and other current assets
312,499

 
186,220

 
498,719

Other assets
186,522

 
273,421

 
459,943

Liabilities and Stockholders’ Equity
 
 
 
 
 
Accrued expenses
1,163,185

 
30,358

 
1,193,543

Deferred revenue, current
2,915,974

 
(52,842
)
 
2,863,132

Deferred income taxes
46,702

 
82,834

 
129,536

Retained earnings
$
11,815,597

 
$
442,319

 
$
12,257,916

Accounting Standards Update 2014-09 [Member]  
Impact of ASC 606 Adoption on Condensed Statement of Income Adoption of the new revenue standard impacted our condensed consolidated statement of income for three months ended March 1, 2019 as follows (in thousands, except per share amounts):
 
As reported
 
Adjustments
 
Balances without ASC 606 adoption impact
Revenue
 
 
 
 
 
Subscription
$
2,304,967

 
$
2,207

 
$
2,307,174

Product
170,554

 
(22,880
)
 
147,674

Services and support
125,425

 
(771
)
 
124,654

Total revenue
2,600,946

 
(21,444
)
 
2,579,502

 Operating expenses
 
 
 
 
 
Sales and marketing
781,518

 
8,868

 
790,386

Provision for income taxes
28,093

 
(1,210
)
 
26,883

Net income
$
674,241

 
$
(29,053
)
 
$
645,188

Basic net income per share
$
1.38

 
$
(0.06
)
 
$
1.32

Diluted net income per share
$
1.36

 
$
(0.05
)
 
$
1.31

Impact of ASC 606 Adoption on Condensed Balance Sheets Adoption of the new revenue standard impacted our condensed consolidated balance sheets as of March 1, 2019 as follows (in thousands):
 
As reported
 
Adjustments
 
Balances without ASC 606 adoption impact
Assets
 
 
 
 
 
Trade receivables, net of allowances for doubtful accounts
$
1,342,343

 
$
(48,662
)
 
$
1,293,681

Prepaid expenses and other current assets
565,115

 
(195,006
)
 
370,109

Other assets
542,938

 
(287,165
)
 
255,773

Liabilities and Stockholders’ Equity
 
 
 
 
 
Accrued expenses
1,167,429

 
(37,547
)
 
1,129,882

Deferred revenue, current
3,083,839

 
68,206

 
3,152,045

Deferred revenue, long-term
134,353

 
(6,076
)
 
128,277

Deferred income taxes
125,660

 
(84,044
)
 
41,616

Retained earnings
$
12,579,311

 
$
(471,372
)
 
$
12,107,939