v3.25.4
Fair Value Measurements (Tables)
12 Months Ended
Nov. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements within the Fair Value Hierarchy of Financial Assets and Liabilities
The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at November 30, 2025:
 
  Fair Value Measurements Using
(in thousands)Total Fair
Value
Level 1Level 2Level 3
Assets
Money market funds$779 $779 $— $— 
Liabilities
Foreign exchange derivatives$(95)$— $(95)$— 
Contingent consideration$(1,080)$— $— $(1,080)

The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at November 30, 2024:
 
  Fair Value Measurements Using
(in thousands)Total Fair
Value
Level 1Level 2Level 3
Assets
Money market funds$1,823 $1,823 $— $— 
Liabilities
Foreign exchange derivatives$(624)$— $(624)$— 
Schedule of Contingent Consideration Obligation Measured on Recurring Basis
The following table reflects the activity for our contingent consideration obligation measured at fair value using Level 3 inputs for the fiscal year ended November 30, 2025:

(in thousands)
Balance, December 1, 2024$— 
  Acquisition date fair value of contingent consideration (1,080)
Balance, November 30, 2025
$(1,080)
Schedule of Fair Value and Carrying Value of Convertible Senior Notes
The following table details the fair value and carrying value of the Notes:

November 30, 2025November 30, 2024
(in thousands)Carrying ValueFair ValueCarrying ValueFair Value
Convertible senior notes due 2026(1)
$359,163 $357,300 $356,946 $449,094 
Convertible senior notes due 2030(2)
441,186 452,295 439,321 550,827 
Total$800,349 $809,595 $796,267 $999,921 
(1) The carrying value of the convertible senior notes due 2026 (the "2026 Notes"), is reflected net of $0.8 million and $3.1 million of unamortized debt issuance costs as of November 30, 2025 and 2024, respectively.
(2) The carrying value of the convertible senior notes due 2030 (the "2030 Notes"), is reflected net of $8.8 million and $10.7 million of unamortized debt issuance costs as of November 30, 2025 and 2024, respectively.