Cash, Cash Equivalents and Investments

6 Months Ended

May 31, 2019

A summary of our cash, cash equivalents and available-for-sale investments at May 31, 2019 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	99,571	$	—	$	—		$	99,571
Money market funds	3,678		—		—			3,678
State and municipal bond obligations	11,780		—		(21		)	11,759
U.S. treasury bonds	6,554		3		—			6,557
Corporate bonds	6,995		—		(7		)	6,988
Total	$	128,578	$	3	$	(28	)	$	128,553

A summary of our cash, cash equivalents and available-for-sale investments at November 30, 2018 is as follows (in thousands):



	Amortized Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
Cash	$	101,316	$	—	$	—		$	101,316
Money market funds	3,810		—		—			3,810
State and municipal bond obligations	19,542		—		(119		)	19,423
U.S. treasury bonds	6,726		—		(21		)	6,705
Corporate bonds	8,329		—		(70		)	8,259
Total	$	139,723	$	—	$	(210	)	$	139,513

Such amounts are classified on our condensed consolidated balance sheets as follows (in thousands):



	May 31, 2019				November 30, 2018
	Cash and Equivalents		Short-Term Investments		Cash and Equivalents		Short-Term Investments
Cash	$	99,571	$	—	$	101,316	$	—
Money market funds	3,678		—		3,810		—
State and municipal bond obligations	—		11,759		—		19,423
U.S. treasury bonds	—		6,557		—		6,705
Corporate bonds	—		6,988		—		8,259
Total	$	103,249	$	25,304	$	105,126	$	34,387

The fair value of debt securities by contractual maturity is as follows (in thousands):


⁽¹⁾	Includes state and municipal bond obligations and corporate bonds, which are securities representing investments available for current operations and are classified as current on the condensed consolidated balance sheets.

We did not hold any investments with continuous unrealized losses as of May 31, 2019 or November 30, 2018.