v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Cash flows from operating activities:    
Net income (loss) $ (911,248) $ 200,460
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment charge 1,050,000 0
Depreciation 170,548 168,026
Amortization 306,421 326,556
Non-cash share-based compensation expense 72,022 77,913
Provision for credit losses 7,384 5,467
Deferred income taxes (70,110) (112,717)
Amortization of debt discount and issuance costs 5,723 19,056
Pension and other post-retirement benefit costs 18,911 11,220
Change in acquisition contingent consideration 1,180 4,250
Loss on held for sale 8,420 0
Other 3,788 (39)
Changes in operating assets and liabilities:    
Accounts receivable, net 30,085 (64,260)
Accounts payable (19,719) 6,895
Other operating assets and liabilities (230,527) (180,080)
Net cash provided by operating activities 442,878 462,747
Cash flows from investing activities:    
Purchases of property and equipment (149,054) (171,464)
Proceeds from sale of property and equipment 17,016 0
Proceeds from divestiture, net of cash sold 3,156 0
Acquisition of business, net of cash acquired 0 (663)
Net cash used in investing activities (128,882) (172,127)
Cash flows from financing activities:    
Proceeds from the Securitization Facility 1,151,500 1,628,000
Repayments of the Securitization Facility (1,068,000) (1,474,000)
Proceeds from the issuance of Senior Notes due 2029 599,796 0
Repayments of Senior Notes due 2026 (800,000) 0
Cash paid for debt extinguishment (5,478) 0
Other debt repayments 0 (6,165)
Cash paid for debt issuance costs (4,953) (4,755)
Acquisition deferred consideration payment 0 (6,454)
Proceeds from exercise of stock options 3,848 3,991
Repurchase of common stock for tax withholdings on equity awards (4,068) (3,743)
Payments for Repurchase of Common Stock (43,194) (112,774)
Dividends paid (69,264) (66,393)
Change in funds held for clients 3,340 (19,151)
Net cash used in financing activities (383,348) (211,444)
Effect of exchange rate changes on cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale 3,004 29,706
Net increase (decrease) in cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale (66,348) 108,882
Cash, cash equivalents, cash held for sale and restricted cash at beginning of year 521,127 429,604
Cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale at end of period 454,779 538,486
Supplemental disclosure of non-cash investing activities:    
Accrued costs for property and equipment purchases 31,536 38,346
New Term Loan    
Cash flows from financing activities:    
Proceeds from Long-Term Lines of Credit 0 750,000
Repayments of Long-Term Lines of Credit 146,875 900,000
Revolver    
Cash flows from financing activities:    
Proceeds from Long-Term Lines of Credit 1,668,500 100,000
Repayments of Long-Term Lines of Credit $ 1,668,500 $ 100,000