Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Nov. 30, 2021 |
Nov. 30, 2020 |
Nov. 30, 2019 |
|
| Revenues | $ 5,724,930 | $ 4,183,174 | $ 4,552,747 |
| Equity in income of unconsolidated joint ventures | 23,184 | 33,628 | 10,681 |
| Loss on early extinguishment of debt | (5,075) | 0 | (6,800) |
| Total pretax income | 695,346 | 364,043 | 348,175 |
| Income tax expense | (130,600) | (67,800) | (79,400) |
| Net income | $ 564,746 | $ 296,243 | $ 268,775 |
| Earnings per share: | |||
| Basic (in dollars per share) | $ 6.22 | $ 3.26 | $ 3.04 |
| Diluted (in dollars per share) | $ 6.01 | $ 3.13 | $ 2.85 |
| Weighted average shares outstanding: | |||
| Basic (in shares) | 90,401 | 90,464 | 87,996 |
| Diluted (in shares) | 93,587 | 94,086 | 93,838 |
| Homebuilding | |||
| Revenues | $ 5,705,029 | $ 4,167,702 | $ 4,537,658 |
| Construction and land costs | (4,469,311) | (3,380,451) | (3,708,928) |
| Selling, general and administrative expenses | (574,376) | (470,779) | (497,350) |
| Operating income | 661,342 | 316,472 | 331,380 |
| Interest income | 1,049 | 2,554 | 2,158 |
| Equity in income of unconsolidated joint ventures | (405) | 12,474 | (1,549) |
| Loss on early extinguishment of debt | (5,075) | 0 | (6,800) |
| Total pretax income | 656,911 | 331,500 | 325,189 |
| Financial service | |||
| Revenues | 19,901 | 15,472 | 15,089 |
| Selling, general and administrative expenses | (5,055) | (4,083) | (4,333) |
| Operating income | 14,846 | 11,389 | 10,756 |
| Equity in income of unconsolidated joint ventures | 23,589 | 21,154 | 12,230 |
| Total pretax income | $ 38,435 | $ 32,543 | $ 22,986 |