| Schedule of Changes in Equity |
The following tables reflect the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for the three months ended February 28, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended February 28, 2022 | | | | (In thousands) | Total
Equity | | Class A
Common Stock | | Class B
Common Stock | | Additional
Paid - in Capital | | Treasury
Stock | | Accumulated Other Comprehensive Income (loss) | | Retained
Earnings | | Noncontrolling
Interests | | Balance at November 30, 2021 | $ | 20,996,282 | | | 30,050 | | | 3,944 | | | 8,807,891 | | | (2,709,448) | | | (1,341) | | | 14,685,329 | | | 179,857 | | | Net earnings (including net earnings attributable to noncontrolling interests) | 509,315 | | | — | | | — | | | — | | | — | | | — | | | 503,581 | | | 5,734 | | Employee stock and directors plans | (54,886) | | | 193 | | | — | | | (140) | | | (54,939) | | | — | | | — | | | — | | | Purchases of treasury stock | (526,361) | | | — | | | — | | | — | | | (526,361) | | | — | | | — | | | — | | |
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Amortization of restricted stock | 81,457 | | | — | | | — | | | 81,457 | | | — | | | — | | | — | | | — | | | Cash dividends | (110,122) | | | — | | | — | | | — | | | — | | | — | | | (110,122) | | | — | | |
Receipts related to noncontrolling interests | 6,984 | | | — | | | — | | | — | | | — | | | — | | | — | | | 6,984 | | Payments related to noncontrolling interests | (59,388) | | | — | | | — | | | — | | | — | | | — | | | — | | | (59,388) | | | Non-cash purchase or activity of noncontrolling interests, net | 1,124 | | | — | | | — | | | (34,057) | | | — | | | — | | | — | | | 35,181 | | |
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| Total other comprehensive income, net of tax | 3,027 | | | — | | | — | | | — | | | — | | | 3,027 | | | — | | | — | | | Balance at February 28, 2022 | $ | 20,847,432 | | | 30,243 | | | 3,944 | | | 8,855,151 | | | (3,290,748) | | | 1,686 | | | 15,078,788 | | | 168,368 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended February 28, 2021 | | | | (In thousands) | Total
Equity | | Class A
Common Stock | | Class B
Common Stock | | Additional
Paid - in Capital | | Treasury
Stock | | Accumulated Other Comprehensive Income (loss) | | Retained
Earnings | | Noncontrolling
Interests | | Balance at November 30, 2020 | $ | 18,099,401 | | | 29,894 | | | 3,944 | | | 8,676,056 | | | (1,279,227) | | | (805) | | | 10,564,994 | | | 104,545 | | | Net earnings (including net earnings attributable to noncontrolling interests) | 1,016,909 | | | — | | | — | | | — | | | — | | | — | | | 1,001,369 | | | 15,540 | | Employee stock and directors plans | (26,279) | | | 153 | | | — | | | (59) | | | (26,373) | | | — | | | — | | | — | | | Purchases of treasury stock | (43,110) | | | — | | | — | | | — | | | (43,110) | | | — | | | — | | | — | | |
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Amortization of restricted stock | 48,818 | | | — | | | — | | | 48,818 | | | — | | | — | | | — | | | — | | | Cash dividends | (77,843) | | | — | | | — | | | — | | | — | | | — | | | (77,843) | | | — | | |
Receipts related to noncontrolling interests | 8,896 | | | — | | | — | | | — | | | — | | | — | | | — | | | 8,896 | | Payments related to noncontrolling interests | (11,397) | | | — | | | — | | | — | | | — | | | — | | | — | | | (11,397) | | |
| Non-cash purchase or activity of noncontrolling interests, net | 2,998 | | | — | | | — | | | (623) | | | — | | | — | | | — | | | 3,621 | | |
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| Total other comprehensive loss, net of tax | (942) | | | — | | | — | | | — | | | — | | | (942) | | | — | | | — | | | Balance at February 28, 2021 | $ | 19,017,451 | | | 30,047 | | | 3,944 | | | 8,724,192 | | | (1,348,710) | | | (1,747) | | | 11,488,520 | | | 121,205 | |
The following table represents the repurchases of the Company's Class A and Class B common stocks under the authorized repurchase programs for the three months ended February 28, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | February 28, | | 2022 | | 2021 | | (Dollars in thousands, except price per share) | Class A | | Class B | | Class A | | Class B | | Shares repurchased | 4,616,000 | | | 652,000 | | | 510,000 | | | — | | | Total purchase price | $ | 472,924 | | | $ | 53,331 | | | $ | 43,100 | | | $ | — | | | Average price per share | $ | 102.45 | | | $ | 81.80 | | | $ | 84.51 | | | $ | — | |
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