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Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
May 31, 2012 | May 31, 2011 | May 31, 2012 | May 31, 2011
Consolidated Statements of Operations [Abstract] |  |  |  |
Total revenues | $ 302,852 | $ 271,738 | $ 557,410 | $ 468,678
Homebuilding: |  |  |  |
Revenues | 300,605 | 269,983 | 552,500 | 465,284
Construction and land costs | (249,669) | (250,381) | (477,027) | (421,177)
Selling, general and administrative expenses | (66,472) | (62,520) | (122,158) | (112,125)
Loss on loan guaranty |  | (14,572) |  | (37,330)
Operating loss | (15,536) | (57,490) | (46,685) | (105,348)
Interest income | 111 | 270 | 246 | 653
Interest expense | (14,469) | (13,121) | (30,755) | (24,560)
Equity in loss of unconsolidated joint ventures | (243) | (92) | (315) | (55,929)
Homebuilding pretax loss | (30,137) | (70,433) | (77,509) | (185,184)
Financial services: |  |  |  |
Revenues | 2,247 | 1,755 | 4,910 | 3,394
Expenses | (693) | (787) | (1,528) | (1,652)
Equity in income (loss) of unconsolidated joint venture | (53) | 661 | 89 | 512
Financial services pretax income | 1,501 | 1,629 | 3,471 | 2,254
Total pretax loss | (28,636) | (68,804) | (74,038) | (182,930)
Income tax benefit (expense) | 4,500 | 300 | 4,100 | (100)
Net loss | $ (24,136) | $ (68,504) | $ (69,938) | $ (183,030)
Basic and diluted loss per share | $ (0.31) | $ (0.89) | $ (0.91) | $ (2.38)
Basic and diluted average shares outstanding | 77,105 | 76,991 | 77,097 | 76,983
Cash dividends declared per common share | $ 0.0250 | $ 0.0625 | $ 0.0875 | $ 0.1250

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