XML 57 R43.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Nov. 30, 2022
Leases [Abstract]  
Schedule of Various Components of Lease Costs
The following table presents the various components of lease costs.
Fiscal Years Ended November 30,
202220212020
Operating lease cost$113,878 $48,167 $24,394 
Short-term and variable lease cost13,031 5,618 4,207 
Sublease income(1,067)(223)(7)
Total operating lease cost$125,842 $53,562 $28,594 
Schedule of Maturity Analysis of Expected Undiscounted Cash Flows for Operating Leases on an Annual Basis
The following table presents a maturity analysis of expected undiscounted cash flows for operating leases on an annual basis for the next five years and thereafter as of November 30, 2022:
Fiscal Years Ending November 30,
2023$90,560 
202473,020 
202561,211 
202650,188 
202736,432 
Thereafter193,591 
Total payments$505,002 
Less: imputed interest*(82,095)
Total present value of lease payments$422,907 
*Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.
Schedule of Amounts Recorded in Consolidated Balance Sheet
The following amounts were recorded in the Company's Consolidated Balance Sheet as of November 30, 2022 and 2021:
Operating leasesBalance sheet locationNovember 30, 2022November 30, 2021
Operating lease ROU assetsOther assets, net$406,165 $447,122 
Current operating lease liabilitiesOther accrued liabilities89,397 109,490 
Non-current operating lease liabilitiesOther long-term liabilities333,510 353,153 
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table presents supplemental cash flow information related to the Company's operating leases for fiscal years 2022, 2021 and 2020. Cash payments related to variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
Fiscal Years Ended November 30,
Cash flow information202220212020
Cash paid for amounts included in the measurement of lease liabilities$114,558 $29,887 $22,954 
Non-cash ROU assets obtained in exchange for lease liabilities (subsequent to initial adoption)72,885 34,179 25,172 
Schedule of Weighted-Average Remaining Lease Term and Discount Rate
The weighted-average remaining lease term and discount rate as of November 30, 2022 and 2021 were as follows:
Operating lease term and discount rate20222021
Weighted-average remaining lease term (years)8.438.11
Weighted-average discount rate4.07 %4.05 %