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Intangible Assets and Goodwill
3 Months Ended
Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets

Intangible assets are comprised of the following significant classes (in thousands):
 
February 28, 2021November 30, 2020
 Gross Carrying AmountAccumulated AmortizationNet Book ValueGross Carrying AmountAccumulated AmortizationNet Book Value
Purchased technology$173,486 $(117,384)$56,102 $173,486 $(113,863)$59,623 
Customer-related231,342 (97,256)134,086 231,342 (91,326)140,016 
Trademarks and trade names30,440 (19,059)11,381 30,440 (18,275)12,165 
Non-compete agreement2,000 (1,222)778 2,000 (1,057)943 
Total$437,268 $(234,921)$202,347 $437,268 $(224,521)$212,747 

In the first quarter of fiscal years 2021 and 2020, amortization expense related to intangible assets was $10.4 million and $5.8 million, respectively.

Future amortization expense for intangible assets as of February 28, 2021, is as follows (in thousands):
 
Remainder of 2021$34,491 
202244,836 
202344,560 
202431,743 
202521,233 
Thereafter25,484 
Total$202,347 

Goodwill

Changes in the carrying amount of goodwill in the three months ended February 28, 2021 are as follows (in thousands):
Balance, November 30, 2020$491,726 
Translation adjustments(25)
Balance, February 28, 2021$491,701 

Changes in the goodwill balances by reportable segment in the three months ended February 28, 2021 are as follows (in thousands):
November 30, 2020Translation adjustmentsFebruary 28, 2021
OpenEdge$365,863 $(25)$365,838 
Data Connectivity and Integration19,040 — 19,040 
Application Development and Deployment106,823 — 106,823 
Total goodwill$491,726 $(25)$491,701 

During the quarter ending February 28, 2021, no triggering events occurred that would indicate that it is more likely than not that the carrying values of any of our reporting units exceeded their fair values.