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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
May 31, 2022
May 31, 2021
Cash flows from operating activities:    
Net income $ 281,241 $ 180,924
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 255,126 31,500
Share-based compensation 40,255 11,637
Provision for doubtful accounts 24,492 2,676
Other 5,167 4,749
Changes in operating assets and liabilities, net of the impact of Concentrix separation:    
Accounts receivable, net 301,882 376,523
Receivables from vendors, net 65,864 (5,532)
Inventories (1,863,551) 8,314
Accounts payable 661,189 (268,522)
Other operating assets and liabilities (56,147) (37,952)
Net cash (used in) provided by operating activities (284,482) 304,318
Cash flows from investing activities:    
Purchases of property and equipment (46,501) (9,114)
Other (150) 1,599
Net cash used in investing activities (46,651) (7,515)
Cash flows from financing activities:    
Dividends paid (57,595) (20,723)
Repurchases of common stock (52,780) 0
Net borrowings (repayments) on revolving credit loans 34,312 (53,976)
Principal payments on long term debt (52,078) 0
Proceeds from issuance of common stock 4,072 2,503
Repurchases of common stock for tax withholdings on equity awards (5,881) (955)
Other 0 1,139
Net transfer of cash and cash equivalents to Concentrix 0 (149,948)
Net cash used in financing activities (129,950) (221,960)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (12,082) 13,740
Net (decrease) increase in cash, cash equivalents and restricted cash (473,165) 88,583
Cash, cash equivalents and restricted cash at beginning of period 521,748 1,657,454
Cash, cash equivalents and restricted cash at end of period 521,748 1,657,454
Supplemental disclosure of non-cash financing activities:    
Net assets transferred to Concentrix $ 0 $ 2,322,598