PRGS Stock Cash Flow Statements

Progress Software Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Progress Software Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-08-31	2025-05-31	2025-02-28	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2019-11-30	2019-08-31	2019-05-31	2019-02-28	2018-11-30	2018-08-31	2018-05-31	2018-02-28	2017-11-30	2017-08-31	2017-05-31	2017-02-28	2016-11-30	2016-08-31	2016-05-31	2016-02-29	2015-11-30	2015-08-31	2015-05-31	2015-02-28	2014-11-30	2014-08-31	2014-05-31	2014-02-28	2013-11-30	2013-08-31	2013-05-31	2013-02-28	2012-11-30	2012-08-31	2012-05-31	2012-02-29	2011-11-30	2011-08-31	2011-05-31	2011-02-28	2010-08-31	2010-05-31	2010-02-28	2009-05-31	2009-02-28	2008-11-30	2008-08-31	2008-05-31	2008-02-29	2007-11-30	2007-08-31	2007-05-31	2007-02-28	2006-08-31	2006-05-31	2006-02-28	2005-11-30	2005-08-31	2005-05-31	2005-02-28	2004-11-30	2004-08-31	2004-05-31	2004-02-29	2003-08-31	2003-05-31	2003-02-28	2002-08-31	2002-05-31	2002-02-28

cash flows from operating activities:
net income	19,413,000	17,029,000	10,946,000	1,147,000	28,464,000	16,188,000	22,639,000	15,335,000	19,098,000	12,090,000	23,674,000	23,708,000	21,797,000	29,110,000	20,454,000	14,926,000	30,976,000	13,557,000	18,961,000	17,661,000	23,977,000	16,968,000	21,116,000	-4,740,000	13,557,000	8,181,000	9,402,000	18,430,000	16,746,000	15,403,000	12,912,000	16,429,000	11,172,000	10,341,000	-525,000	-73,793,000	7,576,000	7,275,000	3,216,000	-9,471,000	-4,128,000	5,769,000	-971,000	14,464,000	11,095,000	12,799,000	11,100,000	15,036,000	24,843,000	3,910,000	31,118,000	36,025,000	5,838,000	-1,908,000	7,489,000	11,680,000	8,600,000	17,960,000	20,521,000	9,243,000	19,058,000	-1,006,000	6,906,000	3,652,000	6,452,000	12,537,000	14,471,000	12,836,000	12,104,000	13,047,000	8,391,000	8,738,000	22,497,000	7,848,000	5,779,000	14,033,000	13,357,000	12,229,000	9,314,000	10,856,000	8,520,000	8,085,000	4,640,000	18,257,000	10,928,000	4,238,000	13,709,000	8,223,000	2,461,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization of property and equipment	1,536,000	1,598,000	1,619,000	1,620,000	1,635,000	1,582,000	1,589,000	1,655,000	1,519,000	1,500,000	1,671,000	1,320,000	1,250,000	1,225,000	1,207,000	1,333,000	1,403,000	1,426,000	1,315,000	1,407,000	1,489,000	1,531,000	1,717,000	2,029,000	2,085,000	1,818,000	1,620,000	1,783,000	1,815,000	1,661,000	1,682,000	1,732,000	1,832,000	1,984,000	1,978,000	2,026,000	2,098,000	2,152,000	2,230,000	2,185,000	2,210,000	2,410,000	2,589,000	2,438,000	2,450,000	2,477,000	2,410,000	1,943,000	2,835,000	3,149,000	2,418,000	2,315,000	2,350,000	2,304,000	2,336,000	2,263,000	2,174,000	2,183,000	2,212,000	2,558,000	2,659,000	3,079,000	2,433,000	2,619,000	2,812,000	2,570,000	2,674,000	2,601,000	2,216,000	2,427,000	2,357,000	2,492,000	6,593,000	2,229,000	2,084,000
amortization of acquired intangibles and other	37,549,000	36,951,000	36,581,000	25,783,000	20,468,000	24,959,000	25,408,000	25,681,000	25,823,000	25,361,000	19,937,000	17,185,000	17,434,000	17,625,000	17,486,000	13,519,000	11,721,000	11,720,000	10,547,000	10,637,000	5,991,000	6,041,000	5,952,000				8,866,000																	1,873,000	1,488,000	1,096,000	1,064,000	1,118,000	1,062,000	927,000	983,000	3,281,000	6,040,000	6,113,000	6,226,000
amortization of debt discount and issuance costs	1,036,000	1,019,000	1,009,000
stock-based compensation	15,970,000	16,741,000	14,683,000	11,745,000	10,558,000	11,989,000	12,464,000	10,418,000	10,072,000	10,287,000	9,752,000	10,984,000	8,639,000	9,357,000	8,114,000	7,739,000	6,839,000	8,362,000	6,784,000	6,123,000	5,685,000	5,623,000	6,051,000	5,900,000	5,489,000	6,116,000	5,806,000	5,853,000	4,566,000	5,580,000	4,570,000	4,594,000	4,296,000	3,633,000	1,630,000	3,532,000	5,778,000	6,294,000	6,937,000	5,192,000	6,537,000	6,439,000	5,836,000	6,679,000	6,940,000	5,709,000	5,545,000	5,039,000	5,573,000	5,881,000	4,906,000	6,729,000	7,744,000	6,669,000	7,091,000	7,244,000	9,468,000	5,103,000	4,184,000	4,198,000	4,446,000	4,557,000	4,249,000	3,816,000	7,706,000	3,532,000	4,110,000	3,970,000	4,292,000	4,178,000	7,531,000	4,877,000	16,874,000	5,323,000	6,444,000
non-cash lease expense	2,871,000	2,435,000	3,443,000	2,825,000	2,366,000	2,273,000	4,259,000	2,435,000	2,251,000	2,748,000	1,959,000	1,862,000	1,886,000	1,958,000	2,075,000	4,851,000	1,912,000	2,045,000	2,138,000	1,957,000	1,745,000	1,820,000	3,087,000
deferred income taxes	-6,753,000	-4,435,000	-1,696,000	7,090,000	-8,436,000	-3,109,000	-3,295,000	-10,120,000	-7,485,000	-4,712,000	-6,324,000	-7,316,000	-2,021,000	-483,000	2,218,000	688,000	-891,000	-1,361,000	656,000	-3,161,000	-1,405,000	-23,000	1,967,000	-8,864,000	702,000	-3,638,000	-3,069,000	3,522,000	3,000	-1,084,000	-406,000	-3,044,000	-1,209,000	459,000	4,268,000	2,303,000	-2,437,000	1,957,000	-516,000	21,222,000	5,899,000	-11,033,000	-17,933,000	15,424,000	-856,000	1,974,000	-1,508,000	7,566,000	2,929,000	1,149,000	-1,899,000	-910,000	806,000	-507,000	589,000	5,637,000	-3,992,000	411,000	-187,000	-2,306,000	1,361,000	-210,000	343,000	-821,000	-5,571,000	-641,000	147,000	2,109,000	-5,970,000	3,320,000	-326,000	-1,151,000	-3,811,000	-848,000	-1,391,000
credit losses and other sales allowances	1,519,000	668,000	1,323,000	215,000	-58,000	24,000	363,000	16,000
changes in operating assets and liabilities:
accounts receivable	-14,506,000	-9,373,000	33,008,000	-71,287,000	-8,764,000	3,717,000	30,454,000	-19,359,000	-5,207,000	10,846,000	25,839,000		-17,036,000	6,702,000	13,192,000		-30,424,000	18,264,000	10,841,000		-4,747,000	8,559,000	9,810,000		-19,463,000	6,998,000	3,861,000	-12,945,000	-3,483,000	10,171,000	8,329,000	-9,327,000	-6,882,000	5,714,000	16,937,000	-10,562,000	-8,155,000	11,669,000	7,695,000	-7,413,000	-4,066,000	2,150,000	13,076,000	-9,028,000	-589,000	887,000	8,027,000	-14,295,000	-1,443,000	8,788,000	12,622,000	-15,877,000	6,988,000	13,955,000	9,307,000	-32,202,000	7,964,000	14,624,000	17,667,000	3,961,000	5,859,000	3,522,000	12,882,000	-3,721,000	-6,905,000	-5,548,000	5,771,000	2,854,000	-16,260,000	8,930,000	8,045,000	-8,970,000	7,840,000	8,424,000	-5,285,000	-15,524,000	2,447,000	15,299,000	-7,363,000	-9,692,000	836,000	8,920,000	-5,580,000
other assets	919,000	5,824,000	-2,168,000	-17,987,000	4,669,000	8,891,000	1,530,000	-15,873,000	1,228,000	8,583,000	4,483,000	-13,388,000	4,341,000	7,914,000	-1,081,000	-17,695,000	868,000	1,507,000	215,000	-7,617,000	4,210,000	2,958,000	2,010,000	-7,936,000	-1,688,000	2,575,000	5,147,000	-14,797,000	-149,000	2,232,000	2,382,000	-970,000	2,837,000	3,224,000	-2,278,000	-59,000	1,578,000	-982,000	-4,462,000	5,936,000	-2,622,000	-3,610,000	5,724,000	-2,313,000	3,720,000	4,512,000	2,303,000	-3,345,000	-760,000	-97,000	-4,833,000	6,959,000	-1,521,000	-3,994,000	103,000
accounts payable and accrued liabilities	23,853,000	-16,048,000	-22,821,000	35,718,000	14,688,000	3,413,000	-24,897,000	12,785,000	4,795,000	-1,173,000	-17,649,000	6,472,000	10,275,000	7,118,000	-27,448,000	11,480,000	5,560,000	6,208,000	-17,762,000	13,070,000	620,000	2,229,000	-20,893,000	12,991,000	752,000	8,501,000	-13,128,000	8,448,000	-2,263,000	-197,000	-17,830,000	11,644,000	-4,496,000	-5,486,000	-989,000	11,826,000	2,637,000	-6,390,000	-11,167,000	3,008,000	324,000	1,366,000	-5,068,000	8,389,000	2,012,000	-5,649,000	-13,412,000	2,264,000	5,882,000	-431,000	-22,867,000	3,283,000	-1,413,000	8,809,000	-3,195,000		-3,520,000	-859,000	-22,861,000	-4,867,000	-4,857,000	6,725,000
lease liabilities	-2,545,000	-3,908,000	-3,080,000	-2,874,000	-2,948,000	-2,785,000	-2,949,000	-2,612,000	-2,722,000	-2,824,000	-2,314,000	-2,090,000	-2,144,000	-2,191,000	-2,146,000	-1,966,000	-1,973,000	-2,209,000	-2,258,000	-2,122,000	-1,903,000	-1,720,000	-2,356,000
income taxes payable	2,151,000	-760,000	-260,000	-899,000	1,730,000	72,000	-461,000	-2,915,000	185,000	2,007,000	170,000	628,000	-548,000	-203,000	3,000	-5,330,000	4,138,000	410,000	-1,469,000	-790,000	-147,000	567,000	373,000	-2,108,000	-283,000	2,183,000	-246,000	-4,465,000	-692,000	2,557,000	-290,000	133,000	358,000	346,000	55,000	-1,916,000	1,063,000	916,000	46,000	-4,886,000	6,027,000	832,000	508,000														5,711,000	2,105,000	3,650,000	5,222,000	-2,578,000	-9,361,000	3,662,000	-6,386,000	-1,342,000	622,000	-2,351,000	-2,091,000	1,499,000	-1,327,000	-702,000	1,880,000	8,771,000	3,565,000	984,000	-1,946,000	1,553,000	-3,426,000	1,254,000	-525,000	2,396,000	2,365,000	-399,000
deferred revenue	-9,567,000	-17,745,000	-3,640,000	25,570,000	-7,719,000	-4,521,000	2,853,000	14,909,000	-5,078,000	-19,414,000	-14,519,000	30,595,000	-3,105,000	-149,000	8,927,000	20,472,000	1,848,000	-6,946,000	15,099,000	9,357,000	-4,718,000	-7,108,000	3,889,000	16,182,000	10,836,000	-3,121,000	5,943,000	3,968,000	-2,543,000	-3,831,000	10,354,000	1,762,000	-4,102,000	-6,277,000	8,985,000	1,349,000	-3,519,000	-3,683,000	11,012,000	4,362,000	1,462,000	4,994,000	24,799,000	3,005,000	-4,757,000	-6,352,000	9,239,000	-744,000	-6,388,000	-8,305,000	10,254,000	2,708,000	-12,844,000	-10,970,000	13,195,000	4,638,000	-5,875,000	-11,021,000	17,651,000	-7,344,000	-15,018,000	19,303,000	-12,689,000	17,253,000	1,077,000	-6,781,000	-5,993,000	14,777,000	3,641,000	-3,882,000	-5,479,000	18,526,000	4,517,000	-3,030,000	16,553,000	969,000	-9,031,000	-8,191,000	17,325,000	809,000	-3,881,000	2,420,000	16,815,000
net cash flows from operating activities	73,446,000	29,996,000	68,947,000	19,651,000	57,658,000	63,681,000	70,504,000	33,161,000	46,041,000	47,951,000	46,767,000	40,137,000	39,670,000	68,260,000	44,093,000	43,928,000	35,224,000	54,690,000	44,688,000	42,762,000	31,112,000	37,957,000	33,016,000	36,601,000	26,765,000	40,674,000	24,444,000	24,327,000	23,301,000	42,129,000	31,595,000	32,515,000	13,442,000	22,429,000	37,300,000	33,935,000	19,648,000	26,760,000	22,502,000	27,352,000	19,257,000	20,791,000	37,140,000								-25,059,000	28,401,000	22,025,000	15,160,000	38,529,000
net cash flows used in investing activities:
purchases of property and equipment	-1,055,000	-495,000	-1,290,000	-2,878,000	-1,064,000	-955,000	-309,000	-2,389,000	-1,212,000	-1,584,000	-385,000	-3,004,000	-1,107,000	-1,148,000	-831,000	-1,913,000	-625,000	-950,000	-1,166,000	-3,098,000	-1,662,000	-609,000	-1,148,000	-2,168,000	-750,000	-834,000	-246,000	-1,282,000	-2,772,000	-1,810,000	-1,386,000	-2,512,000	-342,000	-140,000	-383,000	-2,039,000	-1,130,000	-1,203,000	-1,414,000	-1,105,000	-1,674,000	-2,070,000	-2,335,000	-802,000	-1,084,000	-402,000	-5,697,000	-1,237,000	-603,000	-1,488,000	-898,000	-1,129,000	-465,000	-2,199,000	-3,942,000	-3,091,000	-5,462,000	-5,142,000	-3,352,000	-3,015,000	-2,574,000	-1,502,000	-1,186,000	-2,056,000	-2,189,000	-2,089,000	-1,354,000	-2,581,000	-3,857,000	-5,003,000	-3,519,000	-6,103,000	-12,305,000	-4,283,000	-4,878,000	-5,049,000	-1,811,000	-1,943,000	-2,106,000	-4,773,000	-1,911,000	-1,961,000	-2,071,000	-4,445,000	-2,066,000	-1,066,000	-5,654,000	-3,961,000
payments for acquisitions, net of cash acquired								0	846,000	-275,000	-355,821,000													0	0							-1,000	-48,879,000							0	0	0	-246,275,000	-12,000,000	0			0	0
net cash flows used in investing activities	-20,513,000	-495,000	-2,485,000		-1,064,000	-955,000	-309,000				-371,068,000																					-6,756,000	-47,306,000				3,369,000	-3,215,000	-20,487,000
net cash flows used in financing activities:
proceeds from equity plans	3,280,000	6,522,000	6,238,000
payments for taxes related to net share settlements of equity awards	0	-5,460,000	-4,641,000	-6,543,000	-35,000	-4,702,000	-5,890,000	-4,276,000	0	-3,284,000	-4,817,000	-2,419,000	0	-2,266,000	-3,139,000	-2,788,000	-25,000	-1,481,000	-892,000	-1,259,000	-177,000	-1,946,000	-1,949,000	-2,641,000	0			-2,057,000	-11,000
repurchases of common stock, including excise tax	-15,000,000	-20,000,000	-30,108,000
proceeds from issuance of senior convertible notes, net of issuance costs of 11,200					0
purchase of capped calls				0	0											0	0
dividend equivalent and dividend payments to stockholders	0	-295,000	-359,000
repayment of revolving line of credit	-40,000,000	-40,000,000	-30,000,000	0	0	-80,000,000	-30,000,000	-30,000,000	-30,000,000
principal payment on term loan				0	0	-257,813,000	-3,437,000	-1,718,000	-1,720,000
payment of credit facility debt issuance costs				0	0
net cash flows used in financing activities	-57,681,000	-59,233,000	-58,870,000												-28,031,000				-39,024,000				-27,054,000				-31,645,000	-18,659,000	-24,657,000	-52,758,000	-50,697,000		-26,505,000	-18,188,000	-23,365,000									2,575,000	-13,521,000	-25,534,000	-5,752,000
effect of exchange rate changes on cash and cash equivalents	1,750,000	7,577,000	-1,508,000		3,176,000	-145,000	-1,516,000		2,303,000
net increase in cash and cash equivalents	-2,998,000	-22,155,000	6,084,000	-114,636,000	42,293,000	57,198,000	6,264,000	-11,041,000	12,468,000	17,550,000	-148,296,000	32,162,000	-748,000	53,197,000	16,260,000	-224,489,000	22,535,000	249,662,000	9,708,000	-122,585,000	27,353,000	32,128,000	6,835,000	30,239,000			1,390,000				-16,353,000				19,871,000						23,093,000	-21,015,000	-76,047,000		40,409,000	-17,385,000	20,538,000		-3,045,000	-60,830,000	-22,575,000		52,514,000
cash and cash equivalents, beginning of period	0	0	118,077,000		0	0	126,958,000		0	0	256,277,000		0	0	155,406,000		0	0	97,990,000		0	0	154,259,000		0	0	105,126,000		0	0	133,464,000		0	0	207,036,000		0	0	212,379,000		0	0	263,082,000		0	0	198,818,000		0	0	301,792,000		0	0	161,095,000
cash and cash equivalents, end of period	-2,998,000	-22,155,000	124,161,000		42,293,000	57,198,000	133,222,000		12,468,000	17,550,000	107,981,000		-748,000	53,197,000	171,666,000		22,535,000	249,662,000	107,698,000		27,353,000	32,128,000	161,094,000		20,771,000	-3,267,000	106,516,000		1,576,000	-19,990,000	117,111,000		-53,129,000	-29,021,000	226,907,000		8,351,000	-23,971,000	203,704,000		23,093,000	-21,015,000	187,035,000		40,409,000	-17,385,000	219,356,000		-3,045,000	-60,830,000	279,217,000		52,514,000	10,189,000	231,695,000
payments for acquisitions		0	-1,195,000
gain on sale of assets held for sale												0	0
inventories								280,000	713,000	2,100,000	-604,000	-292,000	-2,002,000	320,000	418,000
cash flows (used in) from investing activities:
purchases of investments								0	0	0	-15,262,000									0	0	-750,000	-4,259,000	-1,650,000	-3,150,000	-5,000,000	-750,000	0	0	-884,000	-7,374,000	-9,898,000	-16,106,000	-13,522,000	-854,000	-7,830,000	-7,891,000	-3,712,000	-22,258,000	-4,110,000	-802,000	-12,045,000	-7,221,000	-3,637,000	0	0	-1,900,000					0	-2,037,000	-19,264,000	-6,623,000
sales and maturities of investments								0	0	15,300,000	400,000	750,000	300,000	600,000	300,000	1,800,000	1,500,000	1,350,000	1,300,000	1,500,000	850,000	6,284,000	7,767,000	3,540,000	7,071,000	6,554,000	8,155,000	4,606,000	7,772,000	3,907,000	6,816,000	5,655,000	16,464,000	3,285,000	6,155,000	9,200,000	12,390,000	1,700,000	3,185,000	4,190,000	4,495,000	2,846,000	3,095,000	2,190,000	5,500,000	3,835,000	5,600,000	3,068,000	10,475,000	4,350,000	10,860,000	3,880,000	25,330,000	17,660,000	27,195,000
proceeds from sale of long-lived assets												0	0
other investing activities
net cash flows (used in) from investing activities								-2,389,000	-366,000						-531,000									-278,000							-1,944,000									-1,061,000			-248,542,000
cash flows from (used in) financing activities:
repurchases of common stock				0	-14,328,000	-49,949,000	-22,500,000	-3,962,000	0	-15,000,000	-15,000,000	-1,517,000	-24,051,000	-26,473,000	-25,000,000	0	0	-20,000,000	-15,000,000	-40,000,000	0	0	-20,000,000	0	0	0	-25,000,000	-10,000,000	-20,000,000	-45,000,000	-45,000,000	-30,000,000	-18,982,000	-9,764,000	-15,190,000		-12,991,000	-49,475,000	-9,041,000		0	-25,041,000	-7,827,000		-17,605,000	-25,210,000	-9,789,000		-64,647,000	-67,235,000	-109,302,000
proceeds from issuance of convertible senior notes, net of issuance costs of 11,200
dividend payments to stockholders				-7,646,000	-7,692,000	-7,951,000	-8,171,000	-7,885,000	-7,798,000	-7,848,000	-8,023,000	-7,712,000	-7,778,000	-7,789,000	-7,784,000
proceeds from the issuance of debt								0	0	0	195,000,000	1,000	0	0	7,474,000									1,000	0															0	0	0	150,000,000
net cash flows from (used in) financing activities								-42,258,000	-35,510,000	-45,842,000	174,798,000						-10,477,000							-8,545,000	-6,769,000															73,000	2,337,000	-26,218,000	142,108,000
effect of exchange rate changes on cash											1,207,000	2,169,000	-8,810,000	-5,946,000	729,000	-3,508,000	-3,287,000	2,123,000	1,780,000	411,000	6,726,000	-2,553,000	-1,487,000	2,461,000	-2,396,000	-2,760,000	1,432,000	-2,563,000	-2,068,000	-10,574,000	4,693,000	-1,796,000	7,240,000	5,385,000	1,018,000	-5,408,000	-2,006,000	3,644,000	-1,223,000	-3,098,000	-242,000	-3,242,000	-6,753,000	-6,243,000	-1,581,000	998,000	492,000	3,772,000	-1,036,000	-2,812,000	-839,000	1,292,000	998,000	-6,775,000	1,955,000	-9,861,000	1,081,000	2,523,000	4,784,000	4,778,000	-6,847,000	-9,614,000	10,535,000	-1,789,000	-19,984,000	-7,152,000	2,455,000	2,141,000	4,903,000	832,000	2,615,000	-453,000	5,671,000	4,199,000	658,000	-2,638,000	2,280,000	-3,507,000	404,000	2,000,000	607,000	-964,000	936,000	823,000	2,496,000	979,000	1,304,000	349,000	-275,000
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
amortization of debt discount and issuance costs on notes					1,005,000	988,000	547,000	526,000	550,000	537,000	534,000	517,000	541,000	529,000	525,000	3,253,000	3,259,000
cash flows used in investing activities:
cash flows (used in) from financing activities:
proceeds from stock-based compensation plans					4,578,000	5,313,000	7,583,000		4,008,000	7,008,000	9,357,000	5,781,000	2,613,000	3,677,000	4,094,000	5,786,000	2,947,000	2,815,000	3,485,000	2,072,000	1,719,000	3,063,000	4,245,000	2,918,000	2,044,000	2,409,000	1,894,000	1,262,000	3,272,000	2,202,000	2,469,000	2,780,000	2,214,000	2,261,000	2,770,000	1,752,000	2,159,000	2,337,000	3,670,000	2,610,000	4,103,000	3,018,000	3,338,000	5,774,000	3,810,000	3,014,000	3,890,000	5,321,000	16,666,000	3,210,000	29,233,000	4,924,000
net cash flows (used in) from financing activities					-17,477,000	-5,383,000	-62,415,000					-7,890,000	-30,935,000								-9,673,000															-8,906,000	-12,660,000	-51,160,000	-9,467,000										-48,422,000
loss on disposal of long-lived assets
proceeds from issuance of senior convertible notes, net of issuance costs of 9.9 million
payment of debt issuance costs													0	0	-1,957,000		0
allowances for bad debt and sales credits										15,000	158,000	64,000	371,000	194,000	145,000	88,000	-12,000	24,000	-382,000	-252,000	142,000	38,000	236,000	393,000	-134,000	198,000	89,000
payment of principal on long-term debt											-1,719,000	-1,719,000	-1,719,000	-1,716,000	-1,719,000	-5,644,000	-5,644,000	-87,262,000	-18,763,000				-1,882,000				-1,547,000
gain on sale of intangible assets
accounts receivable and unbilled receivables
cash flows from (used in) investing activities:
decrease in escrow receivable and other												0				0
net cash flows from (used in) investing activities																					-812,000						7,159,000	3,324,000							4,918,000
payment of issuance costs for long-term debt																								0	0															2,000	-80,000	0	-1,707,000
cash flows from investing activities:
net cash flows from investing activities													-673,000				1,075,000	400,000	2,264,000				2,360,000																					-14,855,000			374,000	-6,464,000	48,274,000	-6,363,000	83,315,000	55,313,000	25,827,000	-3,505,000	16,505,000
loss on disposal of property and equipment														4,000	4,000	4,000	0	0	3,000	321,000	173,000	474,000	57,000	219,000	175,000	-171,000	153,000
impairment of intangible and long-lived assets
cash flows from financing activities:
net cash flows from financing activities																																																			-79,992,000	-77,612,000	3,664,000	5,309,000	13,611,000
proceeds from issuance of senior convertible notes, net of issuance costs of 9,900																	0
dividend payments to shareholders																	-7,755,000	-7,763,000	-7,854,000	-7,542,000	-7,452,000	-7,438,000	-7,468,000	-6,941,000	-6,933,000	-6,894,000	-6,992,000	-6,317,000	-6,371,000	-6,482,000	-6,619,000		-6,035,000	-6,044,000	-6,072,000
decrease in escrow receivable																		0	2,130,000
loss on assets held for sale
the company adopted the accounting standard related to revenue recognition ("asc 606") effective december 1, 2018 using the full retrospective method. see note 1. nature of business and summary of significant accounting policies for further information.
proceeds from sale of property, plant and equipment																								0	0							0
payment of principle on long-term debt																					-3,763,000				-1,880,000
cash flows used in financing activities:
excess tax benefit from stock plans																																1,307,000	-50,000	-170,000	-183,000	741,000	-47,000	-195,000	-63,000	2,456,000	-397,000	-531,000	-179,000	1,135,000	-274,000	-8,000	-152,000	2,830,000	-467,000	-213,000	-508,000	2,928,000	-167,000	-466,000	-705,000	-2,240,000	212,000	-1,487,000	-2,723,000	-341,000	-2,405,000	-740,000						-1,102,000							858,000
amortization of intangibles and other																									14,737,000				9,199,000	9,670,000	9,620,000		9,644,000	8,504,000	7,382,000		7,789,000	7,817,000	7,710,000		7,924,000	7,950,000	8,546,000
the company adopted asc 606 effective december 1, 2018 using the full retrospective method. see note 1. nature of business and basis of presentation for further information.
net decrease in cash and cash equivalents																												6,429,000	1,576,000				-53,129,000				8,351,000	-23,971,000	-8,675,000
impairment of goodwill and intangible assets
loss on disposal of property																													65,000	1,000	135,000		31,000				66,000					8,000	6,000		14,000	19,000	14,000
allowances for accounts receivable																													37,000	-34,000	137,000		11,000	2,000	40,000		170,000	-368,000	-136,000		49,000	100,000	207,000		247,000	122,000	86,000		-88,000	115,000	-150,000	366,000	331,000	243,000	200,000
payment of long-term debt																													-1,547,000	-1,547,000	-1,547,000	0	-3,750,000	-3,750,000	-3,750,000	-1,875,000	-1,875,000	-1,875,000	-3,750,000	0	-1,875,000	-1,875,000	-1,875,000									0	-71,000	-103,000	-183,000	-112,000	-86,000	-104,000	-86,000	-93,000	-85,000	-88,000	-81,000	-80,000	-79,000	-77,000	-81,000	-68,000	-72,000	-71,000	-73,000	-65,000	-193,000	-62,000	-65,000
changes in fair value of contingent consideration obligation
impairment of goodwill and long-lived assets
excess tax benefits from stock plans
capitalized software development costs																																								0	-278,000	-1,077,000	-306,000	-808,000	-1,070,000	-1,117,000	-821,000
proceeds from divestitures																																								0	0	0	4,500,000	0	0	0	3,300,000	0	37,739,000	0	73,381,000
decrease in other noncurrent assets
purchase of common stock related to withholding taxes from issuance of restricted stock units
dividend payment to shareholders
payment of contingent consideration																																								0				0	0
net decrease in cash and equivalents																																																																														3,496,000	-4,997,000			25,277,000	-60,489,000
cash and equivalents, beginning of year
cash and equivalents, end of year
supplemental disclosure:
cash paid for income taxes, net of refunds of 3,997 in 2017, 1,379 in 2016, and 2,264 in 2015
cash paid for interest
non-cash financing activity:
total fair value of restricted stock awards, restricted stock units and deferred stock units on date vested
dividends declared
asset impairment																																								963,000	52,000							0	0	0	111,000	23,000	27,000
purchases of stock related to withholding taxes from the issuance of restricted stock units																																	-2,000	-1,061,000	-1,306,000		0	-2,342,000	-409,000
loss on sale of auction rate securities
redemptions and sales of auction rate securities - available-for-sale
repurchase of common stock																																																								-65,117,000	-69,993,000	-39,922,000	-24,977,000	-17,800,000	-1,526,000	-10,010,000	-2,055,000	-1,712,000	-3,195,000	-45,395,000	-16,766,000	-46,155,000	-18,502,000	0	-291,000	-19,238,000	-12,679,000	-9,317,000	-3,361,000	-2,439,000	-3,252,000	-266,000	-5,757,000	-906,000	-7,799,000	-3,233,000	-1,028,000	-11,703,000	-4,865,000	-3,331,000	-17,724,000	-6,683,000	-3,528,000
net increase in cash and equivalents																																																							70,600,000	-96,674,000	-52,673,000	-1,706,000	25,589,000	27,321,000	48,564,000	3,291,000	18,953,000	18,465,000	-115,784,000	-4,344,000	49,672,000	113,062,000	3,393,000	2,079,000	-8,038,000	9,996,000	9,157,000	-4,976,000	13,187,000	-1,380,000				-46,000				8,105,000	-2,707,000	-7,728,000	21,967,000	16,193,000	9,101,000
cash paid for income taxes, net of refunds of 1,379 in 2016, 2,264 in 2015, and 1,769 in 2014
gain on sale of dispositions																																																			-35,106,000
cash paid for income taxes, net of refunds of 2,264 in 2015, 1,769 in 2014, and 4,453 in 2013
loss on sales of auction rate securities
redemptions and sales of auction rate securities																																																	0	0	25,000
purchases of common stock related to withholding taxes from the issuance of restricted stock units																																													0	-3,136,000	-5,000		-908,000	-1,484,000	-431,000
decrease (increase) in other noncurrent assets
impairment loss on assets held for sale
cash paid for income taxes, net of refunds of 1,769 in 2014, 4,453 in 2013 and 1,987 in 2012
unsettled repurchases of common stock
gain on dispositions																																																	-35,885,000
income taxes payable and uncertain tax positions																																													1,713,000	-229,000	639,000	2,468,000	-228,000	-907,000	-21,627,000	20,377,000	8,084,000	-6,462,000	-4,382,000
net cash flows from (used in) operating activities																																													25,929,000	17,116,000	25,424,000
increase in other noncurrent assets																																													40,000	212,000	-108,000		663,000	225,000	-53,000		299,000	298,000	-350,000
tax deficiency from stock plans
tax benefit (deficiency) from stock plans																																															69,000
loss on sale of auction rate security
tax benefit from stock plans																																																			-481,000	-392,000	-238,000	526,000	275,000		511,000	2,073,000	3,361,000	1,256,000	3,162,000	1,640,000														5,035,000	10,743,000
payment of issuance costs for line of credit
cash paid for income taxes, net of refunds of 4,453 in 2013, 1,987 in 2012 and 9,183 in 2011
tax (deficiency) benefit from stock plans																																																	274,000
net cash flows (used in) from operating activities																																																	-1,861,000
redemptions of auction rate securities - trading
cash paid for income taxes, net of refunds of 1,987 in 2012, 9,183 in 2011 and 2,127 in 2010
redemptions at par by issuers of auction rate securities																																																					2,700,000	0	225,000		100,000	6,000,000	200,000
payment of issuance costs for revolving line of credit
cash paid for income taxes, net of refunds of 632 in 2012 and 8,441 in 2011
issuance of common stock																																																						6,514,000	13,973,000	8,176,000	5,699,000	16,940,000	18,857,000	4,818,000	41,879,000	21,117,000	4,085,000	1,357,000	3,794,000	3,687,000	6,641,000	11,383,000	17,830,000	7,310,000	11,678,000	5,681,000			4,165,000
withholding tax payments related to net issuance of restricted stock units																																																						-1,568,000	-884,000	-986,000	-215,000
cash paid for income taxes, net of refunds of 127 in 2012 and 7,796 in 2011
cash paid for income taxes, net of refunds of 127 in 2012 and 3,582 in 2011																																																							7,717,000
changes in operating assets and liabilities, net of effects from acquisitions:
accounts payable and accrued expenses																																																															-5,779,000	-22,377,000	9,361,000	1,355,000	4,057,000	-21,639,000	16,278,000	-628,000	2,854,000	-20,781,000	-24,868,000	-2,376,000	-20,024,000	5,947,000	4,759,000	5,682,000	-11,311,000	7,318,000	948,000	1,862,000	-9,271,000
redemptions at par by issuers of auction rate securities - available-for-sale
redemptions and sales at par of auction rate securities - trading
acquisitions, net of cash acquired																																																																				-5,728,000					-72,066,000	-4,405,000	-62,033,000		2,435,000			-11,800,000	0	0	-87,520,000	-24,040,000	-25,164,000	-25,164,000
year ended november 30,
beginning balance
charge (benefit) to costs and expenses
write-offs and other
translation adjustments
ending balance
amortization of acquired intangible assets																																																									5,903,000	5,912,000	6,249,000	7,572,000	8,021,000	7,462,000	7,543,000	7,094,000		4,327,000	4,166,000	4,047,000		4,316,000	4,439,000	4,471,000	11,100,000	3,977,000	2,907,000
other current assets																																																									1,929,000	1,809,000	506,000	465,000	-3,038,000	-723,000	-5,890,000	3,366,000		1,723,000	-354,000	-208,000		2,067,000	-2,926,000	2,047,000	-3,374,000	1,139,000	-3,677,000		-1,173,000	499,000	713,000		1,993,000	-693,000	316,000
net cash from operating activities																																																									29,085,000	38,813,000	50,230,000	19,617,000	16,670,000	34,248,000	13,530,000	4,391,000	26,745,000	13,606,000	27,019,000	19,812,000	32,171,000	32,818,000	26,768,000	12,250,000	48,307,000	27,268,000	5,318,000	16,780,000	15,987,000	33,659,000	14,204,000	16,755,000	15,120,000	26,990,000	13,323,000
capex																																																									-5,462,000	-5,142,000	-3,352,000	-3,015,000	-2,574,000	-1,502,000	-1,186,000	-2,056,000	-2,189,000	-2,089,000	-1,354,000	-2,581,000	-3,857,000	-5,003,000	-3,519,000	-6,103,000	-12,305,000	-4,283,000	-4,878,000	-5,049,000	-1,811,000	-1,943,000	-2,106,000	-4,773,000	-1,911,000	-1,961,000	-2,071,000
free cash flows																																																									23,623,000	33,671,000	46,878,000	16,602,000	14,096,000	32,746,000	12,344,000	2,335,000	24,556,000	11,517,000	25,665,000	17,231,000	28,314,000	27,815,000	23,249,000	6,147,000	36,002,000	22,985,000	440,000	11,731,000	14,176,000	31,716,000	12,098,000	11,982,000	13,209,000	25,029,000	11,252,000
purchases of investments available for sale																																																									-40,600,000	-38,240,000	-26,285,000	-744,000	-9,186,000	-4,622,000	-11,527,000	-1,791,000		0	-2,047,000	-138,759,000	-138,181,000	-88,054,000	-65,011,000	-43,050,000	-258,040,000	-85,502,000	-86,961,000	-83,460,000	-109,818,000	-136,354,000	-38,831,000				-1,601,000	-35,733,000	-23,545,000	-2,756,000	-23,481,000	-12,916,000	-5,155,000
sales and maturities of investments available for sale																																																									28,608,000	18,397,000	3,430,000	9,830,000	1,298,000	19,768,000	5,594,000	20,336,000		40,375,000	40,495,000	271,989,000	109,020,000	53,939,000	20,016,000	60,541,000	296,501,000	60,969,000	159,460,000
acquisitions																																																												-9,000	-91,000	-49,086,000
decrease in other non-current assets																																																											65,000														125,000	179,000	26,000
net cash from investing activities																																																									-17,280,000	-19,938,000	-25,942,000	16,371,000	-3,932,000	-33,102,000	-7,064,000	16,298,000	-123,216,000	30,830,000	30,089,000	124,847,000	-34,412,000	-39,244,000	-49,541,000	11,588,000	-45,785,000	-33,042,000	5,614,000	-22,107,000	-43,542,000	-46,355,000	-20,481,000	-22,851,000	12,962,000	-3,799,000	-79,926,000
net cash from financing activities																																																									-65,559,000	-23,104,000	-3,483,000	-13,445,000	42,673,000	11,759,000	1,952,000	-435,000	671,000	-41,628,000	-9,891,000	-33,738,000	731,000	7,673,000	12,120,000	-13,389,000	964,000	-3,401,000	1,597,000	6,585,000	15,616,000	19,699,000	876,000	4,050,000	-4,099,000	3,050,000	5,178,000
cash and equivalents, beginning of period																																																									0	0	286,559,000	0	0	175,873,000	0	96,485,000		0	0	53,879,000		0	0	46,449,000	40,399,000	-17,001,000	57,399,000		0	-1,000	69,939,000		0	0	152,117,000	117,425,000	117,425,000	117,425,000	108,337,000	108,337,000	108,337,000
cash and equivalents, end of period																																																									-52,673,000	-1,706,000	312,148,000	27,321,000	48,564,000	179,164,000	18,953,000	114,950,000		-4,344,000	49,672,000	166,941,000		2,079,000	-8,038,000	56,445,000	49,556,000	-21,977,000	70,586,000		-9,659,000	3,495,000	64,942,000		24,590,000	25,277,000	91,628,000	125,530,000	114,718,000	109,697,000	130,304,000	124,530,000	117,438,000
weighted-average shares outstanding																																																									-1,036,000	-89,000	66,986,000	687,000	1,458,000	41,079,000	56,000	39,941,000		-955,000	-755,000	42,238,000		534,000	109,000	41,069,000														35,717,000	35,396,000	35,347,000	35,465,000
dilutive impact from common stock equivalents																																																									-930,000			-500,000
diluted weighted-average shares outstanding																																																									-1,966,000	-413,000	69,659,000	187,000	3,158,000	41,079,000	176,000	40,521,000		-1,082,000	-936,000	44,174,000		517,000	199,000	43,437,000														39,400,000	38,724,000	38,144,000	38,391,000
earnings per share:
basic																																																									-140	-40	310	-240	470	-20	80	90		-40	50	300		110	-10	210	340
diluted																																																									-130	-30	290	-220	450	-20	80	90		-30	40	290		110	-10	200	310
decrease (increase) in other non-current assets																																																												44,000										-126,000							-1,767,000	2,010,000	81,000
dilutive impact from outstanding stock awards																																																											2,673,000					580,000
redemptions and repurchases of auction rate securities
redemptions of auction rate securities																																																													6,475,000	2,250,000
increase in other non-current assets																																																														90,000	55,000	-191,000		-1,426,000	-337,000	-74,000				200,000											-343,000				88,000	-19,000
impairment of certain erp costs
amortization of capitalized software costs																																																																					44,000	44,000	43,000	44,000	131,000	43,000	44,000
amortization of intangible assets
impairment of goodwill
purchases of investments available-for-sale
sales and maturities of investments available-for-sale
purchase of technology
acquisitions, net of cash acquired and purchase price settlements
charged to (benefit to) costs and expenses
tax benefit from stock options																																																															-127,000	-104,000		67,000	636,000	1,658,000		326,000	153,000	77,000	1,137,000
excess tax benefit from stock options																																																																		-157,000				434,000	806,000	233,000	875,000
acquisition, net of cash acquired
investment in iona technologies																																																																		0
in-process research and development																																																																									900,000	0	900,000					0	0	0	2,600,000
write-down for asset impairment																																																																						0
dilutive impact from outstanding stock options and deferred stock units
dilutive impact from outstanding stock options																																																																			-181,000	1,936,000		-17,000	90,000	2,368,000														3,683,000	3,328,000	2,797,000	2,926,000
loss on disposal of fixed assets
repurchase of stock in subsidiary
capitalized software costs
issuance of stock in subsidiary
charged to costs and expenses
issuance of common stock from stock plans																																																																									12,961,000
repurchase of stock in subsidiary, net of issuances
three months ended,
revenue:
software licenses																																																																									37,986,000
maintenance and services																																																																									61,502,000
total revenue																																																																									99,488,000
costs of revenue:
cost of software licenses																																																																									1,843,000
cost of maintenance and services																																																																									13,492,000
amortization of acquired intangibles for purchased technology																																																																									1,367,000
total costs of revenue																																																																									16,702,000
gross profit																																																																									82,786,000
operating expenses:
sales and marketing																																																																									37,910,000
product development																																																																									15,957,000
general and administrative																																																																									10,284,000
amortization of other acquired intangibles																																																																									1,201,000
compensation expense from repurchase of subsidiary stock options																																																																									2,803,000
acquisition-related expenses																																																																									1,776,000
total operating expenses																																																																									69,931,000
income from operations																																																																									12,855,000
other income
interest income and other																																																																									1,620,000
foreign currency loss																																																																									-317,000
total other income																																																																									1,303,000
income before benefit from income taxes																																																																									14,158,000
benefit from income taxes																																																																									801,000
weighted-average shares outstanding:
net income, as reported																																																																											5,779,000		1,128,000	2,915,000	9,314,000		435,000	3,445,000	4,640,000	5,486,000	5,762,000
add: stock-based compensation expense included in reported net income, net of tax																																																																											4,350,000
less: stock-based compensation expense determined under fair value method for all awards, net of tax																																																																											-4,350,000		978,000	-6,008,000	2,513,000		355,000	-4,906,000	2,253,000	-1,872,000	-1,783,000
pro forma net income																																																																											5,779,000		2,106,000	1,933,000	6,801,000		790,000	3,045,000	2,387,000	3,614,000	3,979,000
basic earnings per share:
as reported																																																																											140		10				20
pro forma																																																																											140		50				20
diluted earnings per share:
issuance (repurchase) of stock in subsidiary
depreciation and amortization																																																																													4,688,000	4,449,000	4,279,000		4,166,000	4,154,000	3,970,000
deferred income taxes and other																																																																													-11,356,000	28,000	-7,000		142,000	-123,000	232,000
maturities of investments available for sale																																																																													67,419,000	124,528,000	20,375,000				11,609,000	17,453,000	7,589,000	3,582,000	23,254,000	12,356,000	6,612,000
proceeds from issuance of common stock																																																																													19,368,000	20,020,000	6,696,000	4,956,000	3,700,000	6,283,000	6,206,000	19,624,000	13,451,000	2,633,000	8,345,000	4,838,000	2,351,000
repayment of long-term debt																																																																													-33,000	-55,000	-63,000
three months ended
basic, as reported																																																																															250				130	150	160
basic, pro forma																																																																															190				70	100	110
diluted, as reported																																																																															230				120	140	150
diluted, pro forma																																																																															180				60	90	100
investment impairment charge
purchases of short-term investments																																																																																	-13,573,000
maturities and sales of short-term investments																																																																																	28,519,000
less: stock based compensation expense determined under fair value method for all awards, net of tax
three months ended august 31,																																																																																				2,002,000			2,001,000
increases in other non-current assets																																																																																					-521,000
three months ended may 31,																																																																																					2,002,000			2,001,000
three months ended february 28,																																																																																						2,002,000			2,001,000
basic earnings per share																																																																																						70	140	160	60
diluted earnings per share																																																																																						60	130	150	50
security type
corporate debt securities
state and municipal obligations
u.s. government obligations
total
purchase of property and equipment																																																																																									-1,099,000

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