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SHARE-BASED COMPENSATION (Tables) | 12 Months Ended
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Nov. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation Expense | The Company recorded share-based compensation expense in the consolidated statements of operations for fiscal years 2024, 2023 and 2022 as follows:
| Fiscal Years Ended November 30,
| 2024 |  | 2023 |  | 2022
Total share-based compensation | $ | 95,922 |  |  | $ | 62,493 |  |  | $ | 47,516 |
Tax benefit recorded in the provision for income taxes | (16,482) |  |  | (15,623) |  |  | (12,069) |
Effect on net income | $ | 79,440 |  |  | $ | 46,870 |  |  | $ | 35,447 |
Share-based Payment Arrangement, Option, Activity | A summary of the changes in the employee stock options during fiscal years 2022, 2023, and 2024 is presented below:
| Options Outstanding
| Number of shares (in thousands) |  | Weighted- average exercise price per share
Balance as of November 30, 2021 | 441 |  | $ | 51.75 |
Options granted | — |  |  | — |
Options issued in conversion of certain vested PK stock options (1) | 119 |  |  | 45.81 |
Options exercised | (165) |  |  | 46.38 |
Balance as of November 30, 2022 | 395 |  | 52.60 |
Options granted | — |  |  | — |
Options exercised | (100) |  |  | 45.50
Options cancelled | (1) |  |  | 30.70
Balance as of November 30, 2023 | 294 |  | 54.45 |
Options granted | — |  |  | — |
Options exercised | (56) |  |  | 42.60
Balance as of November 30, 2024 | 238 |  | $ | 57.21 |
(1)Amounts represent the issuance of vested Concentrix stock options that were issued in conversion of certain vested PK stock options that were assumed by Concentrix pursuant to the merger agreement with PK.
Schedule of Nonvested Restricted Stock Units Activity | A summary of the changes in the non-vested restricted stock awards, restricted stock units, and performance-based stock units during fiscal years 2022, 2023, and 2024, including the conversion of former parent awards and stock units previously discussed, is presented below:
| Number of shares (in thousands) |  | Weighted-average, grant-date fair value per share
Non-vested as of November 30, 2021 | 980 |  |  | $ | 109.92 |
Awards granted | 510 |  |  | 139.31 |
Units granted (1) | 294 |  |  | 130.98 |
Awards and units vested | (283) |  |  | 91.62 |
Awards and units cancelled/forfeited | (106) |  |  | 118.79 |
Non-vested as of November 30, 2022 | 1,395 |  |  | 124.69 |
Awards granted | 60 |  |  | 135.01 |
Units granted (1) | 1,828 |  |  | 74.64 |
Performance-based units vested in excess of target (2) | 17 |  |  | 159.97 |
Awards and units vested | (513) |  |  | 122.76 |
Awards and units cancelled/forfeited | (114) |  |  | 138.88 |
Non-vested as of November 30, 2023 | 2,673 |  |  | 92.80 |
Awards granted | — |  |  | — |
Units granted (1) | 2,824 |  |  | 52.94 |
Awards and units vested | (849) |  |  | 92.02 |
Awards and units cancelled/forfeited | (337) |  |  | 84.94 |
Non-vested as of November 30, 2024 | 4,311 |  |  | $ | 68.35 |
(1)For performance-based restricted stock units, the target number of shares that can be awarded upon full vesting of the grants is included. (2)Amounts represent performance-based awards that vested in excess of the target number of shares for the fiscal year 2021 performance-based grants.

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