| Restructuring and Related Costs |
The following summarizes our recorded restructuring and impairment costs (in thousands): | | | | | | | | | | | | | | | | | | Three Months Ended May 31, | | Six Months Ended May 31, | | 2016 | | 2015 | | 2016 | | 2015 | Severance costs | $ | (103 | ) | | $ | 15,559 |
| | $ | 279 |
| | $ | 15,559 |
| Accelerated amortization of restricted stock and restricted cash awards | 10 |
| | 4,460 |
| | 41 |
| | 4,460 |
| Contract termination costs | 678 |
| | 6,260 |
| | 1,234 |
| | 6,260 |
| Other expenses | 20 |
| | 2,291 |
| | 300 |
| | 2,291 |
| Total | $ | 605 |
| | $ | 28,570 |
| | $ | 1,854 |
| | $ | 28,570 |
|
Restructuring and exit costs are wholly attributed to our Capital Markets segment and were recorded in the following categories on the Consolidated Statement of Earnings (in thousands): | | | | | | | | | | | | | | | | | | Three Months Ended May 31, | | Six Months Ended May 31, | | 2016 | | 2015 | | 2016 | | 2015 | Compensation and benefits | $ | (93 | ) | | $ | 20,019 |
| | $ | 320 |
| | $ | 20,019 |
| Technology and communications | 678 |
| | 6,260 |
| | 1,234 |
| | 6,260 |
| Professional services | — |
| | 2,033 |
| | — |
| | 2,033 |
| Other expenses | 20 |
| | 258 |
| | 300 |
| | 258 |
| Total | $ | 605 |
| | $ | 28,570 |
| | $ | 1,854 |
| | $ | 28,570 |
|
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| Schedule of Restructuring Reserve |
The following summarizes our restructuring reserve activity (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Severance costs | | Other costs | | Contract termination costs | | Total restructuring costs | | Accelerated amortization of restricted stock and restricted cash awards | | Total | Balance at November 30, 2015 | $ | 4,805 |
| | $ | — |
| | $ | — |
| | $ | 4,805 |
| | | |
| Expenses | 279 |
| | 300 |
| | 1,234 |
| | 1,813 |
| | $ | 41 |
| | $ | 1,854 |
| Payments | (5,084 | ) | | (300 | ) | | (1,234 | ) | | (6,618 | ) | | | |
| Liability at May 31, 2016 | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| |
| |
|
|