v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
May 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements within the Fair Value Hierarchy of Financial Assets
The following table details the fair value measurements within the fair value hierarchy of our financial assets and liabilities at May 31, 2026:
 
  Fair Value Measurements Using
 (in thousands)Total Fair ValueLevel 1Level 2Level 3
Assets
Money market funds$778 $778 $— $— 
Liabilities
Foreign exchange derivatives$(3)$— $(3)$— 

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 ValueLevel 1Level 2Level 3
Assets
Money market funds$779 $779 $— $— 
Liabilities
Foreign exchange derivatives$(95)$— $(95)$— 
Contingent consideration$(1,080)$— $— $(1,080)
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 six months ended May 31, 2026:

(in thousands)
Balance, December 1, 2025$(1,080)
Changes in fair value of contingent consideration 1,080 
Balance, May 31, 2026
$— 
Schedule of Fair Value Disclosure of Asset and Liability Not Measured at Fair Value
The following table details the fair value and carrying value of our Convertible Senior Notes that were due and paid in April 2026 and our Convertible Senior Notes due 2030 (together referred to as "the Notes"):

May 31, 2026November 30, 2025
(in thousands)Carrying ValueFair ValueCarrying ValueFair Value
Convertible senior notes due 2026(1)
$— $— $359,163 $357,300 
Convertible senior notes due 2030(2)
442,147 428,099 441,186 452,295 
Total$442,147 $428,099 $800,349 $809,595 
(1) The carrying value of the convertible senior notes due 2026 (the "2026 Notes"), is reflected net of $0.8 million of unamortized debt issuance costs as of November 30, 2025.
(2) The carrying value of the convertible senior notes due 2030 (the "2030 Notes"), is reflected net of $7.9 million and $8.8 million of unamortized debt issuance costs as of May 31, 2026 and November 30, 2025, respectively.