Quarterly report pursuant to Section 13 or 15(d)

Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)

v3.8.0.1
Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Feb. 28, 2018
Accounting Policies [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of February 28, 2018 and November 30, 2017, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

     Fair Value at
February 28,
2018
     Fair Value Measurements
at February 28, 2018 Using
 

Description

      Level 1      Level 2      Level 3  

Assets:

           

Trading Securities

   $ 62,376      $ 62,376        —          —    

Available-for-sale

     523,854        523,854        —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 586,230      $ 586,230        —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     Fair Value at
November 30,
2017
     Fair Value Measurements
at November 30, 2017 Using
 

Description

      Level 1      Level 2      Level 3  

Assets:

           

Trading Securities

   $ 96,600      $ 96,600        —          —    

Available-for-sale

     342,722        342,722        —          —    
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 439,322      $ 439,322        —          —