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GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
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Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS: Goodwill The Company tests goodwill for impairment annually as of the fourth quarter of its fiscal year and at other times if events have occurred or circumstances exist that indicate the carrying value of goodwill may no longer be recoverable. Goodwill impairment testing is performed at the reporting unit level. Based on the current year assessment, the Company concluded that no impairment charges were necessary for the Company’s reporting unit. The Company has not recorded any impairment charges related to goodwill during the three-year period ended November 30, 2024. Below is a progression of goodwill for fiscal years 2024 and 2023:
| Fiscal Years Ended November 30,
| 2024 |  | 2023
Balance, beginning of year | $ | 5,078,668 |  |  | $ | 2,904,402 |
Acquisitions | 2,000 |  |  | 2,085,344 |
Acquisition measurement period adjustments | 60,630 |  |  | (10,592) |
Foreign currency translation | (154,331) |  |  | 99,514 |
Balance, end of year | $ | 4,986,967 |  |  | $ | 5,078,668 |
Other Intangible Assets The Company’s other intangible assets, primarily acquired through business combinations, are subject to amortization and are evaluated periodically if events or circumstances indicate a possible inability to recover their carrying amounts. No impairment charges were recognized in any period presented. As of November 30, 2024 and 2023, the Company’s other intangible assets consisted of the following:
| As of November 30, 2024 |  | As of November 30, 2023
| Gross amounts |  | Accumulated amortization |  | Net amounts |  | Gross amounts |  | Accumulated amortization |  | Net amounts
Customer relationships | $ | 3,594,694 |  |  | $ | (1,399,588) |  |  | $ | 2,195,106 |  |  | $ | 3,670,246 |  |  | $ | (1,011,201) |  |  | $ | 2,659,045 |
Technology | 79,645 |  |  | (50,119) |  |  | 29,526 |  |  | 79,739 |  |  | (36,174) |  |  | 43,565 |
Trade names | 113,758 |  |  | (51,503) |  |  | 62,255 |  |  | 118,823 |  |  | (17,255) |  |  | 101,568 |
Non-compete agreements | 2,200 |  |  | (2,147) |  |  | 53 |  |  | 2,200 |  |  | (1,413) |  |  | 787 |
| $ | 3,790,297 |  |  | $ | (1,503,357) |  |  | $ | 2,286,940 |  |  | $ | 3,871,008 |  |  | $ | (1,066,043) |  |  | $ | 2,804,965 |
Amortization expense for intangible assets was $458,925, $214,832, and $162,673 for the fiscal years ended November 30, 2024, 2023 and 2022, respectively, and the related estimated expense for the five subsequent fiscal years and thereafter is as follows:
Fiscal Years Ending November 30, | Amortization Expense
2025 | $ | 421,040 |
2026 | 374,440 |
2027 | 283,090 |
2028 | 239,999 |
2029 | 199,922 |
Thereafter | 768,449 |
Total | $ | 2,286,940 |
The remaining weighted average amortization period for customer relationships and other intangible assets is approximately 13 years.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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