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Restructuring | 12 Months Ended
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Nov. 30, 2024
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, 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 |
Costs incurred | 3,810 |  |  | 6,644 |  |  | 10,454 |
Cash disbursements | (2,768) |  |  | (2,833) |  |  | (5,601) |
Translation adjustments and other | — |  |  | (6) |  |  | (6) |
Balance, November 30, 2024 | $ | 4,339 |  |  | $ | 5,695 |  |  | $ | 10,034 |
2024 Restructurings During the fourth quarter of fiscal year 2024, we restructured our operations in connection with the acquisition of ShareFile and to streamline our organization to better align with our strategy. This restructuring resulted in a reduction in redundant positions and 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. For the fiscal year ended November 30, 2024, we incurred expenses of $5.7 million. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through the fourth quarter of fiscal year 2025. Accordingly, the balance of the restructuring reserve is included in other accrued liabilities on the consolidated balance sheets at November 30, 2024. We expect to incur additional expenses as part of this action during fiscal year 2025, 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, 2023 | $ | — |  |  | $ | — |  |  | $ | — |
Costs incurred | — |  |  | 5,717 |  |  | 5,717 |
Cash disbursements | — |  |  | (509) |  |  | (509) |
Translation adjustments and other | — |  |  | (2) |  |  | (2) |
Balance, November 30, 2024 | $ | — |  |  | $ | 5,206 |  |  | $ | 5,206 |
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 years ended November 30, 2024 and 2023, we incurred expenses of $0.9 million and $1.7 million, respectively. Cash disbursements for expenses incurred to date under this restructuring are expected to be made through fiscal year 2025. The restructuring reserve is included in other accrued liabilities on the consolidated balance sheets as of November 30, 2024. We do not expect to incur additional material expenses in connection with this restructuring. During the first quarter of fiscal year 2023, we restructured our operations in connection with the acquisition of MarkLogic. This restructuring resulted in a reduction in redundant positions, primarily within administrative functions of MarkLogic. Additionally, in 2024, we terminated MarkLogic leases. For the fiscal years ended November 30, 2024 and 2023, we incurred expenses of $2.9 million and $5.7 million, respectively. 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, 2024. We expect to incur additional expenses as part of this action related to facility closures as we consolidate offices during fiscal year 2025. 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, 2024, 2023 and 2022, we incurred expenses of $0.9 million, $0.9 million and $0.4 million, respectively. 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, 2024. 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 2025, but we do not expect these costs to be material.

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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 S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: 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 3: 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 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: 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 + Details
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