XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.24.1

BALANCE SHEET COMPONENTS (Tables) | 3 Months Ended
--- | ---
Feb. 29, 2024
Balance Sheet Related Disclosures [Abstract] |
Schedule of Cash and Cash Equivalents | 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 29, 2024 |  | November 30, 2023
Cash and cash equivalents | $ | 234,794 |  |  | $ | 295,336 |
Restricted cash included in other current assets | 183,161 |  |  | 221,151 |
Cash, cash equivalents and restricted cash | $ | 417,955 |  |  | $ | 516,487 |
Schedule of Restricted Cash and Cash Equivalents | 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 29, 2024 |  | November 30, 2023
Cash and cash equivalents | $ | 234,794 |  |  | $ | 295,336 |
Restricted cash included in other current assets | 183,161 |  |  | 221,151 |
Cash, cash equivalents and restricted cash | $ | 417,955 |  |  | $ | 516,487 |
Schedule of Accounts Receivable | Accounts receivable, net is comprised of the following as of February 29, 2024 and November 30, 2023:
| As of
| February 29, 2024 |  | November 30, 2023
Billed accounts receivable | $ | 1,098,480 |  |  | $ | 1,082,469 |
Unbilled accounts receivable | 840,339 |  |  | 818,954 |
Less: Allowance for doubtful accounts | (11,175) |  |  | (12,533) |
Accounts receivable, net | $ | 1,927,644 |  |  | $ | 1,888,890 |
Schedule of Allowance for Doubtful Trade Receivables | Presented below is a progression of the allowance for doubtful trade receivables:
| Three Months Ended
| February 29, 2024 |  | February 28, 2023
Balance at beginning of period | $ | 12,533 |  |  | $ | 4,797 |
Net additions (reductions) | (180) |  |  | 1,722 |
Write-offs and reclassifications | (1,178) |  |  | (435) |
Balance at end of period | $ | 11,175 |  |  | $ | 6,084 |
Property, Plant and Equipment | The following table summarizes the carrying amounts and related accumulated depreciation for property and equipment as of February 29, 2024 and November 30, 2023:
| As of
| February 29, 2024 |  | November 30, 2023
Land | $ | 28,276 |  |  | $ | 28,039 |
Equipment, computers and software | 777,778 |  |  | 762,961 |
Furniture and fixtures | 157,760 |  |  | 157,425 |
Buildings, building improvements and leasehold improvements | 567,571 |  |  | 566,384 |
Construction-in-progress | 35,869 |  |  | 35,175 |
Total property and equipment, gross | $ | 1,567,254 |  |  | $ | 1,549,984 |
Less: Accumulated depreciation | (837,012) |  |  | (801,293) |
Property and equipment, net | $ | 730,242 |  |  | $ | 748,691 |
Shown below are the countries where 10% or more and other significant concentrations of the Company’s property and equipment, net are located as of February 29, 2024 and November 30, 2023:
| As of
| February 29, 2024 |  | November 30, 2023
Property and equipment, net: |  |  |
United States | $ | 121,875 |  |  | $ | 123,335 |
Philippines | 72,460 |  |  | 75,943 |
France | 70,913 |  |  | 65,599 |
India | 48,895 |  |  | 51,248 |
Others | 416,099 |  |  | 432,566 |
Total | $ | 730,242 |  |  | $ | 748,691 |
Schedule of Goodwill | The following table summarizes the changes in the Company’s goodwill for the three months ended February 29, 2024 and February 28, 2023:
| Three Months Ended
| February 29, 2024 |  | February 28, 2023
Balance at beginning of period | $ | 5,078,668 |  |  | $ | 2,904,402 |
Acquisition measurement period adjustments | 13,187 |  |  | — |
Foreign exchange translation | (61,199) |  |  | 676 |
Balance at end of period | $ | 5,030,656 |  |  | $ | 2,905,078 |
Schedule of Intangible Assets | The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of February 29, 2024 and November 30, 2023:
| As of February 29, 2024 |  | As of November 30, 2023
| Gross amounts |  | Accumulated amortization |  | Net amounts |  | Gross amounts |  | Accumulated amortization |  | Net amounts
Customer relationships | $ | 3,652,193 |  |  | $ | (1,111,685) |  |  | $ | 2,540,508 |  |  | $ | 3,670,246 |  |  | $ | (1,011,201) |  |  | $ | 2,659,045 |
Technology | 79,690 |  |  | (39,642) |  |  | 40,048 |  |  | 79,739 |  |  | (36,174) |  |  | 43,565 |
Trade names | 117,948 |  |  | (26,471) |  |  | 91,477 |  |  | 118,823 |  |  | (17,255) |  |  | 101,568 |
Non-compete agreements | 2,200 |  |  | (1,597) |  |  | 603 |  |  | 2,200 |  |  | (1,413) |  |  | 787 |
| $ | 3,852,031 |  |  | $ | (1,179,395) |  |  | $ | 2,672,636 |  |  | $ | 3,871,008 |  |  | $ | (1,066,043) |  |  | $ | 2,804,965 |
Schedule of Intangible Assets, Future Amortization Expense | Estimated future amortization expense of the Company’s intangible assets is as follows:
Fiscal years ending November 30, |
2024 (remaining nine months) | $ | 344,518 |
2025 | 428,418 |
2026 | 381,018 |
2027 | 288,145 |
2028 | 244,272 |
Thereafter | 986,265 |
Total | $ | 2,672,636 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The components of accumulated other comprehensive income (loss) (“AOCI”), net of taxes, were as follows:
| Three Months Ended February 29, 2024 and February 28, 2023
| Unrecognized gains (losses) on defined benefit plan, net of taxes |  | Unrealized gains (losses) on hedges, net of taxes |  | Foreign currency translation adjustments, net of taxes |  | Total
Balances at November 30, 2022 | $ | (8,471) |  |  | $ | (19,914) |  |  | $ | (287,364) |  |  | $ | (315,749) |
Other comprehensive income (loss) before reclassification | (552) |  |  | 7,654 |  |  | 17,243 |  |  | 24,345 |
Reclassification of losses from other comprehensive income (loss) | — |  |  | 5,807 |  |  | — |  |  | 5,807 |
Balances at February 28, 2023 | $ | (9,023) |  |  | $ | (6,453) |  |  | $ | (270,121) |  |  | $ | (285,597) |
Balances at November 30, 2023 | $ | (11,271) |  |  | $ | 4,489 |  |  | $ | (184,945) |  |  | $ | (191,727) |
Other comprehensive income (loss) before reclassification | 1,304 |  |  | (4,020) |  |  | (69,412) |  |  | (72,128) |
Reclassification of gains from other comprehensive income (loss) | — |  |  | (427) |  | — |  |  | (427) |
Balances at February 29, 2024 | $ | (9,967) |  |  | $ | 42 |  |  | $ | (254,357) |  |  | $ | (264,282) |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration