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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
May 31, 2024
May 31, 2023
Cash flows from operating activities:    
Net income $ 38,827 $ 35,764
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 3,171 3,171
Amortization of acquired intangibles and other 50,367 45,298
Amortization of debt discount and issuance costs on Notes 1,535 1,071
Stock-based compensation 24,453 20,039
Non-cash lease expense 6,532 4,707
Deferred income taxes (6,404) (11,036)
Credit losses and other sales allowances 387 173
Changes in operating assets and liabilities:    
Accounts receivable 34,171 36,685
Other assets 10,421 13,066
Inventories 0 1,496
Accounts payable and accrued liabilities (21,484) (18,822)
Lease liabilities (5,734) (5,138)
Income taxes payable (389) 2,177
Deferred revenue, net (1,668) (33,933)
Net cash flows from operating activities 134,185 94,718
Cash flows used in investing activities:    
Purchases of investments 0 (15,262)
Sales and maturities of investments 0 15,700
Purchases of property and equipment (1,264) (1,969)
Payments for acquisitions, net of cash acquired 0 (356,096)
Net cash flows used in investing activities (1,264) (357,627)
Cash flows (used in) from financing activities:    
Proceeds from stock-based compensation plans 12,896 16,365
Payments for taxes related to net share settlements of equity awards (10,592) (8,101)
Repurchases of common stock (72,449) (30,000)
Proceeds from issuance of senior convertible notes, net of issuance costs of $11,200 438,750 0
Purchase of capped calls (42,210) 0
Dividend payments to stockholders (16,122) (15,871)
Proceeds from the issuance of debt 0 195,000
Repayment of revolving line of credit (110,000) (25,000)
Principal payment on term loan (261,250) (3,437)
Payment of credit facility debt issuance costs (6,821) 0
Net cash flows (used in) from financing activities (67,798) 128,956
Effect of exchange rate changes on cash and cash equivalents (1,661) 3,207
Net increase (decrease) in cash and cash equivalents 63,462 (130,746)
Cash and cash equivalents, beginning of period 126,958 256,277
Cash and cash equivalents, end of period 190,420 125,531
Supplemental disclosure:    
Cash paid for income taxes, net of refunds of $1,028 in 2024 and $841 in 2023 6,346 5,953
Cash paid for interest 7,961 10,796
Non-cash investing and financing activities:    
Total fair value of restricted stock awards, restricted stock units and deferred stock units on date vested 28,987 23,077
Dividends declared and unpaid $ 8,351 $ 8,192