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Segment Information (Tables)
12 Months Ended
Nov. 30, 2011
Segment Information and Financial Services [Abstract]  
Financial Information Relating to Company Reporting Segments
                         
    Years Ended November 30,  
    2011     2010     2009  

Revenues:

                       

West Coast

  $ 589,387     $ 700,645     $ 812,207  

Southwest

    139,872       187,736       218,096  

Central

    369,705       436,404       434,400  

Southeast

    206,598       256,978       351,712  
   

 

 

   

 

 

   

 

 

 

Total homebuilding revenues

    1,305,562       1,581,763       1,816,415  

Financial services

    10,304       8,233       8,435  
   

 

 

   

 

 

   

 

 

 

Total revenues

  $ 1,315,866     $ 1,589,996     $ 1,824,850  
   

 

 

   

 

 

   

 

 

 

Pretax income (loss):

                       

West Coast

  $ 19,639     $ 60,250     $ (88,442

Southwest

    (108,265     (15,802     (48,572

Central

    (12,924     (1,772     (29,382

Southeast

    (37,983     (42,801     (78,414

Corporate and other (a)

    (67,713     (88,386     (85,573
   

 

 

   

 

 

   

 

 

 

Total homebuilding loss

    (207,246     (88,511     (330,383

Financial services

    26,078       12,143       19,199  
   

 

 

   

 

 

   

 

 

 

Total pretax loss

  $ (181,168   $ (76,368   $ (311,184
   

 

 

   

 

 

   

 

 

 

Equity in income (loss) of unconsolidated joint ventures:

                       

West Coast

  $ 68     $ 1,476     $ (7,761

Southwest

    (55,902     (8,631     (15,509

Central

                506  

Southeast

    (5     898       (26,851
   

 

 

   

 

 

   

 

 

 

Total

  $ (55,839   $ (6,257   $ (49,615
   

 

 

   

 

 

   

 

 

 

Inventory impairments:

                       

West Coast

  $ 2,598     $ 3,828     $ 44,895  

Southwest

    18,715       962       28,833  

Central

    51       348       23,891  

Southeast

    1,366       4,677       23,229  
   

 

 

   

 

 

   

 

 

 

Total

  $ 22,730     $ 9,815     $     120,848  
   

 

 

   

 

 

   

 

 

 

Land option contract abandonments:

                       

West Coast

  $ 704     $ 797     $ 32,679  

Southwest

    296              

Central

    1,310       6,511        

Southeast

    751       2,802       14,622  
   

 

 

   

 

 

   

 

 

 

Total

  $ 3,061     $     10,110     $ 47,301  
   

 

 

   

 

 

   

 

 

 

Joint venture impairments:

                       

West Coast

  $     $     $ 7,190  

Southwest

    53,727             5,426  

Southeast

                25,915  
   

 

 

   

 

 

   

 

 

 

Total

  $ 53,727     $     $ 38,531  
   

 

 

   

 

 

   

 

 

 

 

 

(a) Corporate and other includes corporate general and administrative expenses.

 

                 
    November 30,  
    2011     2010  

Assets:

               

West Coast

  $ 995,888     $ 965,323  

Southwest

    338,586       376,234  

Central

    336,553       328,938  

Southeast

    317,308       372,611  

Corporate and other

    492,034       1,037,200  
   

 

 

   

 

 

 

Total homebuilding assets

    2,480,369       3,080,306  

Financial services

    32,173       29,443  
   

 

 

   

 

 

 

Total assets

  $ 2,512,542     $ 3,109,749  
   

 

 

   

 

 

 

Investments in unconsolidated joint ventures:

               

West Coast

  $ 38,405     $ 37,830  

Southwest

    80,194       59,191  

Southeast

    9,327       8,562  
   

 

 

   

 

 

 

Total

  $ 127,926     $ 105,583