Accumulated Other Comprehensive Loss

9 Months Ended

Aug. 31, 2020

The following table summarizes the changes in accumulated balances of other comprehensive loss during the nine months ended August 31, 2020 (in thousands):


	Foreign Currency Translation Adjustment		Unrealized (Losses) Gains on Investments		Unrealized Losses on Hedging Activity		Accumulated Other Comprehensive Loss
Balance, December 1, 2019	$	(28,393)	$	(30)	$	(1,551)	$	(29,974)
Other comprehensive income (loss) before reclassifications, net of tax	374		105		(4,106)		(3,627)
Balance, August 31, 2020	$	(28,019)	$	75	$	(5,657)	$	(33,601)

The tax effect on accumulated unrealized losses on hedging activity and unrealized (losses) gains on investments was $1.7 million and $0.4 million as of August 31, 2020 and November 30, 2019, respectively.