LEASES (Tables)
6 Months Ended
May 31, 2022
Leases [Abstract]  
Schedule of Lease Cost
The following table presents the various components of operating lease costs:
Three Months EndedSix Months Ended
May 31, 2022May 31, 2021May 31, 2022May 31, 2021
Operating lease cost$49,738 $51,122 $100,540 $102,563 
Short-term lease cost5,186 3,819 9,523 7,527 
Variable lease cost11,234 10,014 23,218 20,134 
Sublease income(692)(419)(1,427)(891)
Total operating lease cost$65,466 $64,536 $131,854 $129,333 
The weighted-average remaining lease term and discount rate as of May 31, 2022 and November 30, 2021 were as follows:
As of
May 31, 2022November 30, 2021
Weighted-average remaining lease term (years)3.633.81
Weighted-average discount rate5.38 %5.82 %
Operating Lease Liability Maturity Schedule
The following table presents a maturity analysis of expected undiscounted cash flows for operating leases on an annual basis for the next five fiscal years and thereafter as of May 31, 2022:
Fiscal Years Ending November 30,
2022 (remaining six months)
$95,246 
2023165,178 
2024127,513 
202581,987 
202636,444 
Thereafter25,434 
Total payments531,802 
Less: imputed interest*53,261 
Total present value of lease payments$478,541 
*Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.
Schedule of Amounts Recorded In Consolidated Balance Sheet Related to Operating Leases
The following amounts were recorded in the consolidated balance sheets related to the Company’s operating leases:
As of
May 31, 2022November 30, 2021
Operating lease ROU assetsOther assets, net$461,760 $489,171 
Current operating lease liabilitiesOther accrued liabilities152,418 153,329 
Non-current operating lease liabilitiesOther long-term liabilities326,123 354,471 
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table presents supplemental cash flow information related to the Company’s operating leases. Cash payments related to variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
Six Months Ended
May 31, 2022May 31, 2021
Cash paid for amounts included in the measurement of lease liabilities$100,857 $107,926 
Non-cash ROU assets obtained in exchange for lease liabilities68,238 76,374