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Balance Sheet Components (Tables)
12 Months Ended
Nov. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same amounts shown in the Consolidated Statements of Cash Flows:

 

 

 

 

As of November 30,

 

 

 

2018

 

 

2017

 

Cash and cash equivalents

 

$

454,694

 

 

$

550,688

 

Restricted cash

 

 

7,126

 

 

 

5,837

 

Restricted cash included in other assets

 

 

213

 

 

 

217

 

 

 

$

462,033

 

 

$

556,742

 

Accounts Receivable, Net

 

 

As of November 30,

 

 

 

2018

 

 

2017

 

Accounts receivable, net:

 

 

 

 

 

 

 

 

Accounts receivable

 

$

3,929,282

 

 

$

2,918,703

 

Less: Allowance for doubtful accounts

 

 

(14,665

)

 

 

(19,193

)

Less: Allowance for sales returns

 

 

(59,186

)

 

 

(53,139

)

 

 

$

3,855,431

 

 

$

2,846,371

 

 

Allowance for doubtful accounts receivables:

 

 

 

 

Balance at November 30, 2015

 

$

14,417

 

Additions

 

 

1,734

 

Write-offs and deductions

 

 

(2,587

)

Balance at November 30, 2016

 

 

13,564

 

Additions

 

 

8,268

 

Write-offs and deductions

 

 

(2,639

)

Balance at November 30, 2017

 

 

19,193

 

Additions

 

 

7,246

 

Write-offs and deductions

 

 

(11,774

)

Balance at November 30, 2018

 

$

14,665

 

 

Property and Equipment, Net

 

 

As of November 30,

 

 

 

2018

 

 

2017

 

Property and equipment:

 

 

 

 

 

 

 

 

Land

 

$

31,102

 

 

$

25,922

 

Equipment, computers and software

 

 

423,467

 

 

 

306,665

 

Furniture and fixtures

 

 

104,474

 

 

 

60,892

 

Buildings, building improvements and leasehold improvements

 

 

368,107

 

 

 

270,649

 

Construction-in-progress

 

 

29,021

 

 

 

12,049

 

Total property and equipment, gross

 

 

956,170

 

 

 

676,177

 

Less: Accumulated depreciation

 

 

(384,844

)

 

 

(329,588

)

Property and equipment, net

 

$

571,326

 

 

$

346,589

 

 

Goodwill

 

Intangible Assets, Net

Intangible assets, net:

 

As of November 30, 2018

 

 

As of November 30, 2017

 

 

 

Gross

Amounts

 

 

Accumulated

 

Amortization

 

 

Net

Amounts

 

 

Gross

Amounts

 

Accumulated

 

Amortization

 

 

Net Amounts

 

Customer relationships and lists

 

$

1,552,322

 

 

$

(333,266

)

 

$

1,219,056

 

 

$

619,431

 

$

(236,282

)

 

$

383,149

 

Vendor lists

 

 

179,019

 

 

 

(53,318

)

 

 

125,701

 

 

 

180,041

 

 

(39,016

)

 

 

141,025

 

Technology

 

 

14,767

 

 

 

(7,064

)

 

 

7,704

 

 

 

38,041

 

 

(6,519

)

 

 

31,522

 

Other intangible assets

 

 

35,559

 

 

 

(10,715

)

 

 

24,844

 

 

 

33,745

 

 

(6,390

)

 

 

27,355

 

 

 

$

1,781,667

 

 

$

(404,363

)

 

$

1,377,305

 

 

$

871,258

 

$

(288,207

)

 

$

583,051

 

 

Schedule of Estimated Future Amortization Expense of Intangible Assets Including Preliminary Estimate of Amortization of Assets Acquired

Estimated future amortization expense of the Company’s intangible assets is as follows:

 

 

Fiscal years ending November 30,

 

 

 

 

2019

 

$

210,942

 

2020

 

 

188,570

 

2021

 

 

173,532

 

2022

 

 

150,213

 

2023

 

 

131,762

 

Thereafter

 

 

522,286

 

Total

 

$

1,377,305

 

Accumulated Other Comprehensive Income (Loss) ("AOCI")

The components of accumulated other comprehensive income (loss) ("AOCI"), net of taxes, attributable to SYNNEX Corporation were as follows:

 

 

 

 

Unrealized gains

on available-for-

sale

securities,

net of taxes

 

 

Unrecognized


defined
benefit

plan costs, net of

taxes

 

 

Unrealized gains

on cash flow


hedges, net of


taxes

 

 

Foreign currency


translation

adjustment, net of

taxes

 

 

Total

 

Balance, beginning of year

 

$

2,119

 

 

$

(2,313

)

 

$

386

 

 

$

(62,111

)

 

$

(61,919

)

Other comprehensive income (loss) before

   reclassification

 

 

(500

)

 

 

(2,989

)

 

 

19,638

 

 

 

(79,453

)

 

 

(62,346

)

Reclassifications of (gains) losses from Other

   comprehensive income (loss)

 

 

 

 

 

2,039

 

 

 

(3,104

)

 

 

 

 

 

(2,023

)

Balance, end of year

 

$

1,619

 

 

$

(3,263

)

 

$

16,920

 

 

$

(141,564

)

 

$

(126,288

)