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Compensation Related Costs, Retirement Benefits (Tables) | 12 Months Ended
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Nov. 30, 2024
Retirement Benefits [Abstract] |
Schedule of Defined Benefit Plans Disclosures | Components of pension cost for the Company’s defined benefit plans are as follows:
| Fiscal Years Ended November 30,
| 2024 |  | 2023 |  | 2022
Service costs | $ | 9,033 |  |  | $ | 6,937 |  |  | $ | 7,031 |
Interest costs on projected benefit obligation | 10,893 |  |  | 10,306 |  |  | 6,828 |
Expected return on plan assets | (5,295) |  |  | (6,208) |  |  | (6,562) |
Amortization and deferrals, net | 1,457 |  |  | 98 |  |  | 1,540 |
Settlement charges | 9 |  |  | 195 |  |  | 600 |
Total pension costs | $ | 16,097 |  |  | $ | 11,328 |  |  | $ | 9,437 |
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan | The status of the Company’s defined benefit plans is summarized below:
| Fiscal Years Ended November 30,
| 2024 |  | 2023
Change in Benefit Obligation: |  |  |
Benefit obligation at beginning of year | $ | 208,565 |  |  | $ | 209,166 |
Service costs | 9,033 |  |  | 6,937 |
Interest costs | 10,893 |  |  | 10,306 |
Actuarial losses (gains) | 6,017 |  |  | (1,942) |
Benefits paid | (17,161) |  |  | (13,761) |
Acquisitions | — |  |  | 12,499 |
Settlements | (490) |  |  | (14,771) |
Foreign currency adjustments | (2,992) |  |  | 131 |
Projected obligation at end of year | $ | 213,865 |  |  | $ | 208,565 |
Change in Plan Assets: |  |  |
Fair value of plan assets at beginning of year | $ | 126,752 |  |  | $ | 137,351 |
Actual return on assets | 17,251 |  |  | 2,358 |
Settlements | (83) |  |  | (14,771) |
Employer contributions | 4,442 |  |  | 12,143 |
Benefits paid | (12,279) |  |  | (10,119) |
Foreign currency adjustments | (160) |  |  | (210) |
Fair value of plan assets at end of year | $ | 135,923 |  |  | $ | 126,752 |
Funded Status of Plans: |  |  |
Unfunded status | $ | 77,942 |  |  | $ | 81,813 |
Schedule of Amounts Recognized in Balance Sheet | Amounts recognized in the consolidated balance sheet and recorded within other accrued liabilities and other long-term liabilities as of November 30, 2024 and 2023 consist of the following:
| As of November 30,
| 2024 |  | 2023
Current liability | $ | 16,694 |  |  | $ | 16,946 |
Non-current liability | 61,248 |  |  | 64,867 |
Total | $ | 77,942 |  |  | $ | 81,813 |
Schedule Of Defined Benefit Plan Weighted Average Rates Used In Determining Benefit Obligations And Pension Costs | The following weighted-average rates were used in determining the benefit obligations as of November 30, 2024 and 2023:
| As of November 30,
| 2024 |  | 2023
Discount rate | 3.2% - 6.7% |  | 3.6% - 7.1%
Interest crediting rate for cash balance plan | 4.0 | % |  | 4.0 | %
Expected rate of future compensation growth | 2.5% - 7.0% |  | 1.8% - 8.0%
The following weighted-average rates were used in determining the pension costs for the fiscal years ended November 30, 2024 and 2023:
| Fiscal Years Ended November 30,
| 2024 |  | 2023
Discount rate | 4.0% - 7.5% |  | 4.0% - 7.5%
Interest crediting rate for cash balance plan | 4.0 | % |  | 4.0 | %
Expected return on plan assets | 3.6% - 7.1% |  | 1.0% - 7.0%
Expected rate of future compensation growth | 1.8% - 8.0% |  | 1.8% - 8.8%
Schedule of Allocation of Plan Assets | The following table sets forth by level within the fair value hierarchy, total plan assets at fair value as of November 30, 2024 and 2023, including the cash balance plan and other funded benefit plans:
Investments |  | As of November 30, 2024 |  | As of Quoted Prices in Active Markets for Identical Assets (Level 1) |  | As of Significant Other Observable Inputs (Level 2) |  | As of Significant Unobservable Inputs (Level 3)
Cash and cash equivalents |  | $ | 3,606 |  |  | $ | 3,606 |  |  | $ | — |  |  | $ | — |
Common/collective trusts: |  |  |  |  |  |  |  |
Fixed income |  | 59,928 |  |  | — |  |  | 59,928 |  |  | — |
U.S. large cap |  | 25,924 |  |  | — |  |  | 25,924 |  |  | — |
U.S. small cap |  | 7,662 |  |  | — |  |  | 7,662 |  |  | — |
International equity |  | 27,168 |  |  | — |  |  | 27,168 |  |  | — |
Governmental bonds |  | 8,501 |  |  | — |  |  | 8,501 |  |  | — |
Corporate bonds |  | 3,134 |  |  | — |  |  | 3,134 |  |  | — |
Investment funds |  | — |  |  | — |  |  | — |  |  | — |
Limited partnership |  |  |  | — |  |  | — |  |  | — |
Total investments |  | $ | 135,923 |  |  | $ | 3,606 |  |  | $ | 132,317 |  |  | $ | — |
Investments |  | As of November 30, 2023 |  | As of Quoted Prices in Active Markets for Identical Assets (Level 1) |  | As of Significant Other Observable Inputs (Level 2) |  | As of Significant Unobservable Inputs (Level 3)
Cash and cash equivalents |  | $ | 3,951 |  |  | $ | 3,951 |  |  | $ | — |  |  | $ | — |
Common/collective trusts: |  |  |  |  |  |  |  |
Fixed income |  | 55,550 |  |  | — |  |  | 55,550 |  |  | — |
U.S. large cap |  | 24,816 |  |  | — |  |  | 24,816 |  |  | — |
U.S. small cap |  | 6,641 |  |  | — |  |  | 6,641 |  |  | — |
International equity |  | 25,556 |  |  | — |  |  | 25,556 |  |  | — |
Governmental bonds |  | 6,245 |  |  | — |  |  | 6,245 |  |  | — |
Corporate bonds |  | 3,955 |  |  | — |  |  | 3,955 |  |  | — |
Investment funds |  | — |  |  | — |  |  | — |  |  | — |
Limited partnership |  | 38 |  |  | — |  |  | — |  |  | 38 |
Total investments |  | $ | 126,752 |  |  | $ | 3,951 |  |  | $ | 122,763 |  |  | $ | 38 |
Schedule of Expected Benefit Payments | The following table details expected benefit payments for the cash balance plan and other defined benefit plans:
Fiscal Years Ending November 30, |
2025 | $ | 34,183 |
2026 | 26,578 |
2027 | 24,292 |
2028 | 23,163 |
2029 | 21,271 |
Thereafter | 93,624 |
Total | $ | 223,111 |

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