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Share-Based Compensation
6 Months Ended
May 31, 2025
Share-Based Payment Arrangement [Abstract]  
SHARE-BASED COMPENSATION SHARE-BASED COMPENSATION:
Overview of Stock Incentive Plans
The Company recognizes share-based compensation expense for all share-based awards made to employees and outside directors, including employee stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs"), performance-based RSUs ("PRSUs") and employee stock purchase rights, based on estimated fair values.
The following tables summarize the Company's share-based awards activity for stock incentive plans during the six months ended May 31, 2025.
A summary of the changes in the Company's stock options is set forth below:
(shares in thousands)
Stock options
Balances as of November 30, 2024
482 
Exercised(78)
Balances as of May 31, 2025
404 
A summary of the changes in the Company's non-vested RSAs and RSUs is presented below:
(shares in thousands)
RSAs and RSUs
Non-vested as of November 30, 2024
1,252 
Granted141 
Vested(219)
Attainment adjustments(1)
(12)
Cancelled
(35)
Non-vested as of May 31, 2025
1,127 
__________________
(1) During the six months ended May 31, 2025, the attainment on PRSUs vested was adjusted to reflect actual performance.
The Company recorded $12.0 million and $33.8 million of share-based compensation expense during the three and six months ended May 31, 2025, respectively and $13.4 million and $30.9 million during the three and six months ended May 31, 2024, respectively within "Selling, general and administrative expenses" in the Consolidated Statements of Operations for stock incentive plans.