Intangible Assets and Goodwill (Tables)

9 Months Ended

Aug. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets are comprised of the following significant classes (in thousands):

	August 31, 2020						November 30, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Purchased technology	$	135,186	$	(110,941)	$	24,245	$	135,186	$	(105,967)	$	29,219
Customer-related	134,042		(84,624)		49,418		134,042		(74,175)		59,867
Trademarks and trade names	24,740		(17,577)		7,163		24,740		(16,043)		8,697
Non-compete agreement	2,000		(892)		1,108		2,000		(391)		1,609
Total	$	295,968	$	(214,034)	$	81,934	$	295,968	$	(196,576)	$	99,392

Schedule of Future Amortization Expense from Intangible Assets Held

Future amortization expense for intangible assets as of August 31, 2020, is as follows (in thousands):

Remainder of 2020	$	5,777
2021	23,117
2022	22,136
2023	21,860
2024	9,044
Total	$	81,934

Schedule of Goodwill

Changes in the carrying amount of goodwill in the nine months ended August 31, 2020 are as follows (in thousands):

Balance, November 30, 2019	$	432,824
Measurement period adjustments(1)	(838)
Translation adjustments	(122)
Balance, August 31, 2020	$	431,864
(1) Represents final measurement period adjustments related to our Ipswitch acquisition (Note 6)

Changes in the goodwill balances by reportable segment in the nine months ended August 31, 2020 are as follows (in thousands):

	November 30, 2019		Measurement Period Adjustments		Translation adjustments		August 31, 2020
OpenEdge	$	366,819	$	(838)	$	(122)	$	365,859
Data Connectivity and Integration	19,040		—		—		19,040
Application Development and Deployment	46,965		—		—		46,965
Total goodwill	$	432,824	$	(838)	$	(122)	$	431,864