INVESTMENTS:

The carrying amount of the Company’s investments is shown in the table below:



	As of
	August 31, 2016						November 30, 2015
	Cost Basis		Unrealized Gains		Carrying Value		Cost Basis		Unrealized Gains		Carrying Value
Short-term investments:
Held-to-maturity investments	$	6,959	$	—	$	6,959	$	5,546	$	—	$	5,546

Long-term investments in other assets:
Available-for-sale securities	$	1,019	$	677	$	1,696	$	837	$	1,073	$	1,910
Cost-method investments	$	4,214	$	—	$	4,214	$	4,555	$	—	$	4,555

Short-term held-to-maturity investments primarily consist of term deposits with maturities from the date of purchase greater than three months and less than one year. These term deposits are held until the maturity date and are not traded. Long-term available-for-sale securities primarily consist of investments in other companies’ equity securities. Long-term cost-method investments consist of investments in equity securities of private entities.

Available-for-sale securities are recorded at fair value in each reporting period and therefore the carrying value of these securities equals their fair value. For cost-method securities, the Company records an impairment charge when the decline in fair value is determined to be other-than-temporary. The fair value of cost-method investments is based on an internal valuation of the investees.

The Company recorded a gain of $0 and $50 in “Other income (expense), net” in the Consolidated Statements of Operations during the three and nine months ended August 31, 2015, respectively, for changes in the fair value of the Company's trading investments. There were no trading investments during the nine months ended August 31, 2016.