v3.26.1
Share-Based Compensation (Tables)
6 Months Ended
May 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Options Activity
The following tables summarize the Company's share-based awards activity for stock incentive plans during the six months ended May 31, 2026.
A summary of the changes in the Company's stock options is set forth below:
Stock options
Balances as of November 30, 2025
231 
Exercised(202)
Balances as of May 31, 2026
29 
Schedule of Changes in Company's non-vested RSAs and RSUs
A summary of the changes in the Company's non-vested RSAs and RSUs is presented below:
RSAs and RSUs
Non-vested as of November 30, 2025
1,109 
Granted89 
Vested(103)
Attainment adjustments(1)
(4)
Cancelled
(29)
Non-vested as of May 31, 2026
1,062 
(1) During the six months ended May 31, 2026, the PSUs that vested were adjusted to reflect final attainment.
Schedule of Fair Value Assumptions and Warrant Activity For the Warrant Shares subject to vesting based on qualifying payments, the following assumptions were used in the Black-Scholes option pricing model to determine the fair value as of the grant date:
Stock price$246.22 
Exercise price$191.10 
Expected life (years)
Risk free interest rate4.29 %
Expected volatility33.13 %
Dividend yield0.93 %
The calculated grant-date fair value of each Warrant Share subject to vesting based on qualifying payments was $116.15.
The following table summarizes the Warrant activity for the six months ended May 31, 2026:
Non-vested as of November 30, 2025
— 
Shares granted3,238,066 
Shares vested(215,871)
Non-vested as of May 31, 2026
3,022,195 
Exercisable as of May 31, 2026(1)
215,871 
_________________________
(1) There were no exercises for the six months ended May 31, 2026.