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Restructuring | 12 Months Ended
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Nov. 30, 2023
Restructuring Charges [Abstract] |
Restructuring | Restructuring The following table provides a summary of activity for all of the restructuring actions, with material actions detailed further below (in thousands):
| Excess Facilities and Other Costs |  | Employee Severance and Related Benefits |  | Total
Balance, December 1, 2020 | $ | 421 |  |  | $ | 3,552 |  |  | $ | 3,973 |
Costs incurred | 3,518 |  |  | 2,790 |  |  | 6,308 |
Cash disbursements | (1,072) |  |  | (4,447) |  |  | (5,519) |
Translation adjustments and other | 1,616 |  |  | (6) |  |  | 1,610 |
Balance, November 30, 2021 | $ | 4,483 |  |  | $ | 1,889 |  |  | $ | 6,372 |
Costs incurred | 414 |  |  | 465 |  |  | 879 |
Cash disbursements | (1,027) |  |  | (2,321) |  |  | (3,348) |
Translation adjustments and other | — |  |  | (3) |  |  | (3) |
Balance, November 30, 2022 | $ | 3,870 |  |  | $ | 30 |  |  | $ | 3,900 |
Costs incurred | 1,117 |  |  | 7,290 |  |  | 8,407 |
Cash disbursements | (1,690) |  |  | (5,413) |  |  | (7,103) |
Translation adjustments and other | — |  |  | (17) |  |  | (17) |
Balance, November 30, 2023 | $ | 3,297 |  |  | $ | 1,890 |  |  | $ | 5,187 |
2023 Restructurings During the fourth quarter of fiscal year 2023, we restructured our operations to realign our business and strategic priorities. In connection with this restructuring, we reduced our global workforce by 2%. These workforce reductions occurred within all functions and across most geographies in which we operate. Restructuring expenses are related to employee costs, including severance, health benefits and outplacement services (but excluding stock-based compensation). For the fiscal year ended November 30, 2023, we incurred expenses of $1.7 million, which are recorded as restructuring expenses in the consolidated statements of operations. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through the fourth quarter of fiscal year 2024. The restructuring reserve is included in other accrued liabilities on the consolidated balance sheets as of November 30, 2023. We do not expect to incur additional material expenses in connection with this restructuring. A summary of activity for this restructuring action is as follows (in thousands):
| Excess Facilities and Other Costs |  | Employee Severance and Related Benefits |  | Total
Balance, December 1, 2022 | $ | — |  |  | $ | — |  |  | $ | — |
Costs incurred | — |  |  | 1,732 |  |  | 1,732 |
Cash disbursements | — |  |  | (102) |  |  | (102) |
Translation adjustments and other | — |  |  | 13 |  |  | 13 |
Balance, November 30, 2023 | $ | — |  |  | $ | 1,643 |  |  | $ | 1,643 |
During the first quarter of fiscal year 2023, we restructured our operations in connection with the acquisition of MarkLogic. Refer to Note 7: Business Combinations for further discussion. This restructuring resulted in a reduction in redundant positions, primarily within administrative functions of MarkLogic. For the fiscal year ended November 30, 2023, we incurred expenses of $5.7 million, which are recorded as restructuring expenses in the consolidated statements of operations. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through fiscal year 2024. The restructuring reserve is included in other accrued liabilities on the consolidated balance sheets as of November 30, 2023. We expect to incur additional expenses as part of this action related to facility closures as we consolidate offices during fiscal year 2024. A summary of activity for this restructuring action is as follows (in thousands):
| Excess Facilities and Other Costs |  | Employee Severance and Related Benefits |  | Total
Balance, December 1, 2022 | $ | — |  |  | $ | — |  |  | $ | — |
Costs incurred | 186 |  |  | 5,542 |  |  | 5,728 |
Cash disbursements | (81) |  |  | (5,265) |  |  | (5,346) |
Translation adjustments and other | — |  |  | (29) |  |  | (29) |
Balance, November 30, 2023 | $ | 105 |  |  | $ | 248 |  |  | $ | 353 |
2020 Restructurings During the fourth quarter of fiscal year 2020, we restructured our operations in connection with the acquisition of Chef. This restructuring resulted in a reduction in redundant positions, primarily within the administrative functions of Chef . For the fiscal years ended November 30, 2023, 2022 and 2021, we incurred expenses of $0.9 million, $0.4 million and $4.1 million, respectively, which are recorded as restructuring expenses in the consolidated statements of operations. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through fiscal year 2027. Accordingly, the balance of the restructuring reserve is included in short-term and long-term operating lease liabilities on the consolidated balance sheets at November 30, 2023. We expect to incur additional expenses as part of this action related to facility closures as we consolidate offices in various locations during fiscal year 2024, but we do not expect these costs to be material. A summary of activity for this restructuring action is as follows (in thousands):
| Excess Facilities and Other Costs |  | Employee Severance and Related Benefits |  | Total
Balance, December 1, 2020 | $ | — |  |  | $ | 3,523 |  |  | $ | 3,523 |
Costs incurred | 3,323 |  |  | 826 |  |  | 4,149 |
Cash disbursements | (455) |  |  | (4,350) |  |  | (4,805) |
Translation adjustments and other | 1,615 |  |  | 8 |  |  | 1,623 |
Balance, November 30, 2021 | $ | 4,483 |  |  | $ | 7 |  |  | $ | 4,490 |
Costs incurred | 414 |  |  | — |  |  | 414 |
Cash disbursements | (1,027) |  |  | (7) |  |  | (1,034) |
Balance, November 30, 2022 | $ | 3,870 |  |  | $ | — |  |  | $ | 3,870 |
Costs incurred | 897 |  |  | — |  |  | 897 |
Cash disbursements | (1,575) |  |  | — |  |  | (1,575) |
Balance, November 30, 2023 | $ | 3,192 |  |  | $ | — |  |  | $ | 3,192 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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