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INCOME TAXES (Tables)

12 Months Ended

Nov. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The sources of income before the provision for income taxes are as follows:

			Fiscal Years Ended November 30,
			2024						2023						2022
United States			$	4,279					$	(51,820)					$	7,883
Foreign			294,995						460,048						597,120
Total income before income taxes			$	299,274					$	408,228					$	605,003

Schedule of Components of Income Tax Expense (Benefit)

Provision for income taxes consists of the following:

			Fiscal Years Ended November 30,
			2024						2023						2022
Current tax provision:
Federal			$	89,987					$	78,961					$	65,423
State			7,734						11,064						5,151
Foreign			185,584						126,072						129,613
			$	283,305					$	216,097					$	200,187
Deferred tax provision (benefit):
Federal			$	(104,236)					$	(97,371)					$	(19,596)
State			(20,462)						(12,850)						(12,303)
Foreign			(110,550)						(11,490)						1,075
			(235,248)						(121,711)						(30,824)
Total income tax provision			$	48,057					$	94,386					$	169,363

Schedule of Deferred Tax Assets and Liabilities

The following presents the breakdown of net deferred tax liabilities after netting by taxing jurisdiction:

			As of November 30,
			2024						2023
Deferred tax assets			$	218,396					$	72,333
Deferred tax liabilities			312,574						414,246
Total net deferred tax liabilities			$	94,178					$	341,913

Net deferred tax liabilities consist of the following:

			As of November 30,
			2024						2023
Assets:
Net operating losses			$	172,182					$	138,930
Accruals and other reserves			78,308						55,528
Depreciation and amortization			107,095						73,234
U.S. interest limitation carry forward			49,481						33,318
Share-based compensation expense			17,714						7,867
Deferred revenue			5,280						5,429
Tax credits			5,082						5,082
Foreign tax credit			5,199						915
Operating lease liabilities			201,266						190,348
Intercompany loans payable			110,708						81,654
Other			32,048						37,713
Gross deferred tax assets			784,363						630,018
Valuation allowance			(125,163)						(117,679)
Total deferred tax assets			$	659,200					$	512,339
Liabilities:
Intangible assets			$	529,129					$	636,194
Unremitted non-US earnings			42,433						45,250
Operating lease right-of-use assets			181,816						172,808
Total deferred tax liabilities			753,378						854,252
Net deferred tax liabilities			$	94,178					$	341,913

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory U.S. federal income tax rate to the Company’s effective income tax rate is as follows: 

			Fiscal Years Ended November 30,
			2024						2023						2022
Federal statutory income tax rate			21.0		%				21.0		%				21.0		%
State taxes, net of federal income tax benefit			(1.8)		%				(1.0)		%				(1.4)		%
International rate difference			(9.0)		%				(2.3)		%				(2.7)		%
Withholding taxes			3.9		%				2.5		%				1.1		%
Uncertain tax benefits			0.7		%				1.3		%				(0.3)		%
Changes in valuation allowance			6.5		%				1.7		%				1.3		%
Impact of inclusion of foreign income (1)			0.3		%				(4.7)		%				9.2		%
Capital loss			(12.4)		%				—		%				—		%
Other (2)			6.9		%				4.6		%				(0.2)		%
Effective income tax rate			16.1		%				23.1		%				28.0		%

(1)    Represents Subpart F income, Base Erosion and Anti-Abuse Tax (BEAT), and Global Intangible Low-Taxed Income (GILTI) (less Section 250 deduction), net of associated foreign tax credits.

(2)    Includes categories of reconciling items that are not individually equal to or greater than 5% for the fiscal year ended November 30, 2024. Includes tax costs related to future legal entity restructuring for the fiscal year ended November 30, 2023.

Schedule of Unrecognized Tax Benefits Roll Forward

The aggregate changes in the balances of gross unrecognized tax benefits, excluding accrued interest and penalties, during fiscal years 2024, 2023, and 2022 were as follows:

Balance as of November 30, 2021			$	47,447
Additions based on tax positions related to the current year			42,749
Settlements			(4,882)
Lapse of statute of limitations			(14,351)
Balance as of November 30, 2022			70,963
Additions based on tax positions related to the current year			5,819
Additions based on tax positions related to the prior year / acquisition			6,071
Lapse of statute of limitations			(4,938)
Changes due to translation of foreign currencies			1,407
Balance as of November 30, 2023			79,322
Additions based on tax positions related to the current year			11,081
Additions based on tax positions related to the prior year / acquisition			18,576
Lapse of statute of limitations			(8,071)
Changes due to translation of foreign currencies			(132)
Settlements			(428)
Balance as of November 30, 2024			$	100,348

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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