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Fair Value Measurements (Tables)
6 Months Ended
May 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Valuation of Investments and Financial Instruments Measured at Fair Value on Recurring Basis
The following table summarizes the valuation of the Company’s financial instruments that are measured at fair value on a recurring basis:
As of May 31, 2025
As of November 30, 2024
Fair value measurement categoryFair value measurement category
TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
(currency in thousands)
Assets:
Forward foreign currency exchange contracts not designated as hedges$4,615 $— $4,615 $— $11,863 $— $11,863 $— 
Forward foreign currency exchange contracts designated as net investment hedges— — — — 2,540 — 2,540 — 
Foreign exchange collar contracts designated as net investment hedges— — — — 1,792 — 1,792 — 
Liabilities:
Forward foreign currency exchange contracts not designated as hedges$15,500 $— $15,500 $— $8,096 $— $8,096 $— 
Forward foreign currency exchange contracts designated as net investment hedges43,025 — 43,025 — 7,980 — 7,980 — 
Forward foreign currency exchange contracts designated as cash flow hedges(1)
874 — 874 — — — — — 
Foreign exchange collar contracts designated as net investment hedges6,113 — 6,113 — — — — — 
(1) The Company had no material cash flow hedges outstanding as of November 30, 2024.