v3.25.4
Business Combinations (Tables)
 12 Months Ended
Nov. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Allocation of Purchase Price
The allocation of the purchase price is as follows:

(in thousands)Purchase Price AllocationLife
Net working capital$2,048 
Property, plant and equipment54 
Purchased technology119,000 7 years
Trade name27,000 7 years
Customer relationships318,000 7 years
Deferred taxes23,078 
Deferred revenue(96,255)
Goodwill460,972 
Net assets acquired$853,897 
The allocation of the purchase price is as follows:

(in thousands)Purchase Price AllocationLife
Net working capital$46,335 
Property, plant and equipment723 
Purchased technology67,300 7 years
Trade name12,500 7 years
Customer relationships152,300 7 years
Other assets, including long-term unbilled receivables4,477 
Deferred taxes(24,478)
Deferred revenue(32,418)
Goodwill161,770 
Net assets acquired$388,509 
Schedule of Business Acquisition, Pro Forma Information
(in thousands, except per share data)Pro Forma Fiscal Year Ended November 30, 2024Pro Forma Fiscal Year Ended November 30, 2023
Revenue$978,757 $907,010 
Net income$35,678 $2,457 
Net income per basic share$0.82 $0.06 
Net income per diluted share$0.80 $0.06 
The unaudited pro forma financial information does not reflect any adjustments for anticipated expense savings resulting from the acquisition and is not necessarily indicative of the operating results that would have actually occurred had the transaction been consummated on December 1, 2021.

(in thousands, except per share data)Pro Forma Fiscal Year Ended November 30, 2023
Revenue$733,289 
Net income$79,411 
Net income per basic share$1.83 
Net income per diluted share$1.78