Intangible Assets and Goodwill (Tables)

12 Months Ended

Nov. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

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

	November 30, 2021						November 30, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value
Purchased technology	$	212,700	$	(128,797)	$	83,903	$	173,486	$	(113,863)	$	59,623
Customer-related	306,308		(119,357)		186,951		231,342		(91,326)		140,016
Trademarks and trade names	37,611		(21,556)		16,055		30,440		(18,275)		12,165
Non-compete agreement	2,000		(1,724)		276		2,000		(1,057)		943
Total	$	558,619	$	(271,434)	$	287,185	$	437,268	$	(224,521)	$	212,747

Schedule of Future Amortization Expense from Intangible Assets Held

Future amortization expense for intangible assets as of November 30, 2021 is as follows (in thousands):

2022	$	69,106
2023	68,830
2024	56,014
2025	45,504
2026	36,148
Thereafter	11,583
Total	$	287,185

Summary of Changes in the Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for fiscal years 2021 and 2020 are as follows (in thousands):

	November 30, 2021		November 30, 2020
Balance, beginning of year	$	491,726	$	432,824
Measurement Period Adjustments(1)	(77)		(838)
Additions(2)	179,521		59,858
Translation Adjustments	(18)		(118)
Balance, end of year	$	671,152	$	491,726

(1) Represents final measurement period adjustments related to our Chef and Ipswitch acquisitions. Refer to Note 8: Business Combinations for further information.

(2) The additions to goodwill during fiscal years 2021 and 2020 are related to the acquisition of Kemp in November 2021 and Chef in October 2020, respectively. Refer to Note 8: Business Combinations for further information.