v3.26.1
SEGMENT REPORTING
 3 Months Ended
Feb. 28, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING:
The Company operates as one operating segment. The Company's chief operating decision maker (“CODM”) is its President and Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated net income and operating income to assess financial performance, allocate resources, and make key operating decisions. The following table presents selected financial information, including significant segment expenses, with respect to the Company’s single operating segment for the three months ended February 28, 2026 and 2025.
Three Months Ended
February 28, 2026
February 28, 2025
Revenue
$
2,500,391 
$
2,372,222 
Cost of revenue (1)
1,632,740 
1,513,455 
Selling, general and administrative expenses (2)
519,470 
484,560 
Acquisition-related, integration and restructuring expenses
34,869 
18,024 
Share-based compensation expense
29,455 
26,600 
Amortization of intangible assets
103,456 
105,619 
Loss on held for sale
5,929 
— 
Depreciation expense
55,913 
55,097 
Operating income
118,559 
168,867 
Interest expense and finance charges, net
75,317 
72,994 
Other expense (income), net
14,511 
(4,919)
Provision for income taxes
7,142 
30,535 
Net income
$
21,589 
$
70,257 
(1) Exclusive of depreciation expense and acquisition-related, integration and restructuring expenses.

(2) Exclusive of loss on held for sale, depreciation expense, amortization of intangible assets, acquisition-related, integration and restructuring expenses, and share-based compensation expense.
For the three months ended February 28, 2026, acquisition-related, integration and restructuring expenses primarily included restructuring costs associated with the Company’s recent cost reduction initiatives, including severance and employee-related costs. Restructuring expenses also included costs associated with facilities consolidation, including lease terminations. For the three months ended February 28, 2025, acquisition-related, integration and restructuring costs primarily included integration costs associated with the combination with Webhelp and restructuring expenses. These costs primarily include severance and employee-related costs, costs associated with facilities consolidation, including lease terminations to integrate the businesses, and information technology system consolidation costs.