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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Aug. 31, 2011
Total revenues $ 424,504 $ 367,316 $ 981,914 $ 835,994
Homebuilding:        
Revenues 421,555 364,532 974,055 829,816
Construction and land costs (347,908) (302,908) (824,935) (724,085)
Selling, general and administrative expenses (62,780) (60,185) (184,938) (172,310)
Loss on loan guaranty 0 0 0 (37,330)
Operating income (loss) 10,867 1,439 (35,818) (103,909)
Interest income 117 123 363 776
Interest expense (23,060) (12,342) (53,815) (36,902)
Equity in income (loss) of unconsolidated joint ventures 278 64 (37) (55,865)
Homebuilding pretax loss (11,798) (10,716) (89,307) (195,900)
Financial services:        
Revenues 2,949 2,784 7,859 6,178
Expenses (709) (829) (2,237) (2,481)
Equity in income (loss) of unconsolidated joint venture 2,119 (888) 2,208 (376)
Financial services pretax income 4,359 1,067 7,830 3,321
Total pretax loss (7,439) (9,649) (81,477) (192,579)
Income tax benefit (expense) 10,700 0 14,800 (100)
Net income (loss) $ 3,261 $ (9,649) $ (66,677) $ (192,679)
Basic earnings (loss) per share $ 0.04 $ (0.13) $ (0.86) $ (2.50)
Diluted earnings (loss) per share $ 0.04 $ (0.13) $ (0.86) $ (2.50)
Basic average shares outstanding 77,127 77,047 77,107 77,004
Diluted average shares outstanding 77,358 77,047 77,107 77,004
Cash dividends declared per common share $ 0.0250 $ 0.0625 $ 0.1125 $ 0.1875