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v3.3.0.814

Supplemental Guarantor Information (Condensed Consolidated Statements of Operations) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Aug. 31, 2015 | Aug. 31, 2014 | Aug. 31, 2015 | Aug. 31, 2014
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | $ 843,157 | $ 589,214 | $ 2,046,247 | $ 1,604,908
Homebuilding: |  |  |  |
Revenues | 840,204 | 586,231 | 2,038,896 | 1,596,894
Construction and land costs | (709,148) | (479,424) | (1,725,976) | (1,305,258)
Selling, general and administrative expenses | (95,074) | (72,897) | (244,678) | (205,715)
Operating income (loss) | 35,982 | 33,910 | 68,242 | 85,921
Interest income | 87 | 110 | 342 | 393
Interest expense | (4,394) | (6,455) | (17,850) | (26,289)
Intercompany Interest Income (Expense) | 0 | 0 | 0 | 0
Equity in income (loss) of unconsolidated joint ventures |  |  | 1,843 | 872
Total pretax income (loss) | 33,954 | 28,661 | 57,126 | 66,348
Income tax expense | (10,700) | (300) | (16,500) | (800)
Income (Loss) from Subsidiaries, Net of Tax | 0 | 0 | 0 | 0
Net income | 23,254 | 28,361 | 40,626 | 65,548
KB Home Corporate |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Revenues | 0 | 0 | 0 | 0
Construction and land costs | 0 | 0 | 0 | 0
Selling, general and administrative expenses | (28,540) | (15,995) | (63,886) | (47,489)
Operating income (loss) | (28,540) | (15,995) | (63,886) | (47,489)
Interest income | 86 | 109 | 337 | 385
Interest expense | (45,040) | (42,955) | (136,292) | (122,634)
Intercompany Interest Income (Expense) | 74,501 | 76,512 | 218,684 | 206,943
Total pretax income (loss) | 1,007 | 17,671 | 18,843 | 37,205
Income tax expense | 2,200 | (50) | 2,900 | (100)
Income (Loss) from Subsidiaries, Net of Tax | 20,047 | 10,740 | 18,883 | 28,443
Net income | 23,254 | 28,361 | 40,626 | 65,548
Guarantor Subsidiaries |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 761,783 | 529,599 | 1,866,015 | 1,436,822
Homebuilding: |  |  |  |
Revenues | 761,783 | 529,599 | 1,866,015 | 1,436,822
Construction and land costs | (638,451) | (429,998) | (1,566,720) | (1,167,762)
Selling, general and administrative expenses | (58,137) | (47,653) | (158,403) | (131,443)
Operating income (loss) | 65,195 | 51,948 | 140,892 | 137,617
Interest income | 1 | 1 | 3 | 7
Interest expense | (1,547) | (1,648) | (4,497) | (4,408)
Intercompany Interest Income (Expense) | (30,203) | (35,728) | (88,780) | (99,077)
Total pretax income (loss) | 33,024 | 13,822 | 46,438 | 32,007
Income tax expense | (12,100) | (200) | (18,700) | (600)
Income (Loss) from Subsidiaries, Net of Tax | 0 | 0 | 0 | 0
Net income | 20,924 | 13,622 | 27,738 | 31,407
Non-Guarantor Subsidiaries |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 81,374 | 59,615 | 180,232 | 168,086
Homebuilding: |  |  |  |
Revenues | 78,421 | 56,632 | 172,881 | 160,072
Construction and land costs | (70,697) | (49,426) | (159,256) | (137,496)
Selling, general and administrative expenses | (8,397) | (9,249) | (22,389) | (26,783)
Operating income (loss) | (673) | (2,043) | (8,764) | (4,207)
Interest income | 0 | 0 | 2 | 1
Interest expense | 0 | 0 | 0 | 0
Intercompany Interest Income (Expense) | (2,105) | (2,636) | (6,965) | (7,113)
Total pretax income (loss) | (77) | (2,832) | (8,155) | (2,864)
Income tax expense | (800) | (50) | (700) | (100)
Income (Loss) from Subsidiaries, Net of Tax | 0 | 0 | 0 | 0
Net income | (877) | (2,882) | (8,855) | (2,964)
Consolidating Adjustments |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Revenues | 0 | 0 | 0 | 0
Construction and land costs | 0 | 0 | 0 | 0
Selling, general and administrative expenses | 0 | 0 | 0 | 0
Operating income (loss) | 0 | 0 | 0 | 0
Interest income | 0 | 0 | 0 | 0
Interest expense | 42,193 | 38,148 | 122,939 | 100,753
Intercompany Interest Income (Expense) | (42,193) | (38,148) | (122,939) | (100,753)
Total pretax income (loss) | 0 | 0 | 0 | 0
Income tax expense | 0 | 0 | 0 | 0
Income (Loss) from Subsidiaries, Net of Tax | (20,047) | (10,740) | (18,883) | (28,443)
Net income | (20,047) | (10,740) | (18,883) | (28,443)
Homebuilding [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 840,204 | 586,231 | 2,038,896 | 1,596,894
Homebuilding: |  |  |  |
Equity in income (loss) of unconsolidated joint ventures | (422) | (751) | (1,180) | 1,161
Total pretax income (loss) | 31,253 | 26,814 | 49,554 | 61,186
Homebuilding [Member] | KB Home Corporate |  |  |  |
Homebuilding: |  |  |  |
Equity in income (loss) of unconsolidated joint ventures | 0 | 0 | 0 | 0
Total pretax income (loss) | 1,007 | 17,671 | 18,843 | 37,205
Homebuilding [Member] | Guarantor Subsidiaries |  |  |  |
Homebuilding: |  |  |  |
Equity in income (loss) of unconsolidated joint ventures | (422) | (751) | (1,180) | (2,132)
Total pretax income (loss) | 33,024 | 13,822 | 46,438 | 32,007
Homebuilding [Member] | Non-Guarantor Subsidiaries |  |  |  |
Homebuilding: |  |  |  |
Equity in income (loss) of unconsolidated joint ventures | 0 | 0 | 0 | 3,293
Total pretax income (loss) | (2,778) | (4,679) | (15,727) | (8,026)
Homebuilding [Member] | Consolidating Adjustments |  |  |  |
Homebuilding: |  |  |  |
Equity in income (loss) of unconsolidated joint ventures | 0 | 0 | 0 | 0
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial services [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Revenues | 2,953 | 2,983 | 7,351 | 8,014
Homebuilding: |  |  |  |
Operating income (loss) | 2,043 | 2,124 | 4,549 | 5,451
Equity in income (loss) of unconsolidated joint ventures | 658 | (277) | 3,023 | (289)
Total pretax income (loss) | 2,701 | 1,847 | 7,572 | 5,162
Financial services [Member] | KB Home Corporate |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial services [Member] | Guarantor Subsidiaries |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial services [Member] | Non-Guarantor Subsidiaries |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 2,701 | 1,847 | 7,572 | 5,162
Financial services [Member] | Consolidating Adjustments |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | $ 0 | $ 0 | $ 0 | $ 0

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