Cash, Cash Equivalents and Investments (Tables)

12 Months Ended

Nov. 30, 2018

A summary of our cash, cash equivalents and available-for-sale investments at November 30, 2018 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	101,316	$	—	$	—		$	101,316
Money market funds	3,810		—		—			3,810
State and municipal bond obligations	19,542		—		(119		)	19,423
U.S. treasury bonds	6,726		—		(21		)	6,705
Corporate bonds	8,329		—		(70		)	8,259
Total	$	139,723	$	—	$	(210	)	$	139,513

A summary of our cash, cash equivalents and available-for-sale investments at November 30, 2017 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	130,547	$	—	$	—		$	130,547
Money market funds	2,917		—		—			2,917
State and municipal bond obligations	40,458		—		(231		)	40,227
U.S. treasury bonds	3,517		—		(26		)	3,491
Corporate bonds	6,463		—		(36		)	6,427
Total	$	183,902	$	—	$	(293	)	$	183,609

Such amounts are classified on our consolidated balance sheets as follows (in thousands):



	November 30, 2018				November 30, 2017
	Cash and Equivalents		Short-Term Investments		Cash and Equivalents		Short-Term Investments
Cash	$	101,316	$	—	$	130,547	$	—
Money market funds	3,810		—		2,917		—
State and municipal bond obligations	—		19,423		—		40,227
U.S. treasury bonds	—		6,705		—		3,491
Corporate bonds	—		8,259		—		6,427
Total	$	105,126	$	34,387	$	133,464	$	50,145

The fair value of debt securities by contractual maturity is as follows (in thousands):


(1)	Includes state and municipal bond obligations and corporate bonds, which are securities representing investments available for current operations and are classified as current on the consolidated balance sheets.