BALANCE SHEET COMPONENTS: (Tables)
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3 Months Ended |
Feb. 28, 2017 |
|---|
| Balance Sheet Related Disclosures [Abstract] |
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| Cash, cash equivalents and restricted cash |
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same amounts shown in the Consolidated Statements of Cash Flows: | | | | | | | | | | | | As of | | | February 28, 2017 | | November 30, 2016 | Cash and cash equivalents | | $ | 210,147 |
| | $ | 380,717 |
| Restricted cash | | 3,300 |
| | 6,265 |
| Restricted cash included in Other assets | | 192 |
| | 185 |
| Total cash, cash equivalents and restricted cash shown in the Consolidated Statements of Cash Flows | | $ | 213,639 |
| | $ | 387,167 |
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|
| Accounts receivable, net |
| | | | | | | | | | As of | | February 28, 2017 | | November 30, 2016 | Accounts receivable, net: | | | | Accounts receivable | $ | 1,777,334 |
| | $ | 1,820,049 |
| Less: Allowance for doubtful accounts | (15,407 | ) | | (13,564 | ) | Less: Allowance for sales returns | (37,153 | ) | | (49,991 | ) | | $ | 1,724,774 |
| | $ | 1,756,494 |
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|
| Property and equipment, net |
| | | | | | | | | | As of | | February 28, 2017 | | November 30, 2016 | Property and equipment, net: | | | | Land | $ | 23,671 |
| | $ | 23,629 |
| Equipment, computers and software | 265,984 |
| | 255,400 |
| Furniture and fixtures | 53,264 |
| | 51,767 |
| Buildings, building improvements and leasehold improvements | 224,234 |
| | 219,780 |
| Construction-in-progress | 20,241 |
| | 12,007 |
| Total property and equipment, gross | 587,394 |
| | 562,583 |
| Less: Accumulated depreciation | (272,078 | ) | | (249,867 | ) | | $ | 315,316 |
| | $ | 312,716 |
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|
| Goodwill |
| | | | | | | | | | | | | Goodwill: | | | | | | | Technology Solutions | | Concentrix | | Total | Balance as of November 30, 2016 | $ | 96,412 |
| | $ | 389,827 |
| | $ | 486,239 |
| Adjustments from acquisition (See Note 3-Acquisition) | — |
| | 189 |
| | 189 |
| Foreign exchange translation | 577 |
| | 1,936 |
| | 2,513 |
| Balance as of February 28, 2017 | $ | 96,989 |
| | $ | 391,952 |
| | $ | 488,941 |
|
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| Intangible assets, net |
| | | | | | | | | | | | | | | | | | | | | | | | | | As of February 28, 2017 | | As of November 30, 2016 | | Gross
Amounts | | Accumulated
Amortization | | Net
Amounts | | Gross
Amounts | | Accumulated
Amortization | | Net
Amounts | Intangible assets, net: | | | | | | | | | | | | Customer relationships and lists | $ | 447,758 |
| | $ | (176,535 | ) | | $ | 271,223 |
| | $ | 448,008 |
| | $ | (160,033 | ) | | $ | 287,975 |
| Vendor lists | 36,815 |
| | (35,177 | ) | | 1,638 |
| | 36,815 |
| | (34,793 | ) | | 2,022 |
| Technology | 10,900 |
| | (3,647 | ) | | 7,253 |
| | 10,900 |
| | (3,227 | ) | | 7,673 |
| Other intangible assets | 5,872 |
| | (5,098 | ) | | 774 |
| | 5,827 |
| | (4,947 | ) | | 880 |
| | $ | 501,345 |
| | $ | (220,457 | ) | | $ | 280,888 |
| | $ | 501,550 |
| | $ | (203,000 | ) | | $ | 298,550 |
|
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| Schedule of future amortization expense of intangible assets |
Estimated future amortization expense of the Company's intangible assets is as follows: | | | | | Fiscal Years Ending November 30, | | 2017 (remaining nine months) | $ | 48,072 |
| 2018 | 51,521 |
| 2019 | 39,884 |
| 2020 | 34,898 |
| 2021 | 29,815 |
| thereafter | 76,698 |
| Total | $ | 280,888 |
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|
| Accumulated other comprehensive income (Loss) |
The components of accumulated other comprehensive income (loss), net of taxes, attributable to SYNNEX Corporation were as follows: | | | | | | | | | | | | | | | | | | | | | | | | Unrealized gains (losses) on available-for-sale securities, net of taxes | | Unrecognized defined benefit plan costs, net of taxes | | Unrealized gains (losses) on cash flow hedges, net of taxes | | Foreign currency translation adjustment, net of taxes | | Total | Balance as of November 30, 2016 | | $ | 713 |
| | $ | (850 | ) | | $ | (4,458 | ) | | $ | (88,521 | ) | | $ | (93,116 | ) | Other comprehensive gain (loss) | | 163 |
| | (69 | ) | | 1,180 |
| | 5,625 |
| | 6,899 |
| Balance as of February 28, 2017 | | $ | 876 |
| | $ | (919 | ) | | $ | (3,278 | ) | | $ | (82,896 | ) | | $ | (86,217 | ) |
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