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v3.3.1.900

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 30, 2015 | Aug. 31, 2015 | May. 31, 2015 | Feb. 28, 2015 | Nov. 30, 2014 | Aug. 31, 2014 | May. 31, 2014 | Feb. 28, 2014 | Nov. 30, 2015 | Nov. 30, 2014 | Nov. 30, 2013
Total revenues |  | $ 985,783 | $ 843,157 | $ 622,969 | $ 580,121 | $ 796,041 | $ 589,214 | $ 565,007 | $ 450,687 | $ 3,032,030 | $ 2,400,949 | $ 2,097,130
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  | 3,020,987 | 2,389,643 | 2,084,978
Construction and land costs |  |  |  |  |  |  |  |  |  | (2,539,368) | (1,985,651) | (1,737,086)
Selling, general and administrative expenses |  |  |  |  |  |  |  |  |  | (342,998) | (288,023) | (255,808)
Operating income (loss) |  |  |  |  |  |  |  |  |  | 138,621 | 115,969 | 92,084
Interest income |  |  |  |  |  |  |  |  |  | 458 | 443 | 792
Interest expense | [1] |  |  |  |  |  |  |  |  | (21,856) | (30,750) | (62,690)
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | 2,488 | 1,427 | (933)
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  | 11,043 | 11,306 | 12,152
Expenses |  |  |  |  |  |  |  |  |  | (3,711) | (3,446) | (3,042)
Pretax income (loss) |  | 69,917 | 33,954 | 12,673 | 10,499 | 28,601 | 28,661 | 26,924 | 10,763 | 127,043 | 94,949 | 38,363
Income tax benefit |  |  |  |  |  | 824,200 |  |  |  | (42,400) | 823,400 | 1,600
Net income (loss) |  | $ 44,017 | $ 23,254 | $ 9,573 | $ 7,799 | $ 852,801 | $ 28,361 | $ 26,624 | $ 10,563 | $ 84,643 | $ 918,349 | $ 39,963
Earnings (Loss) Per Share, Basic, in dollars per share |  | $ 0.48 | $ 0.25 | $ 0.10 | $ 0.08 | $ 9.25 | $ 0.31 | $ 0.30 | $ 0.13 | $ 0.92 | $ 10.26 | $ 0.48
Earnings (Loss) Per Share, Diluted, in dollars per share |  | $ 0.43 | $ 0.23 | $ 0.10 | $ 0.08 | $ 8.36 | $ 0.28 | $ 0.27 | $ 0.12 | $ 0.85 | $ 9.25 | $ 0.46
Weighted Average Number of Shares Outstanding, Basic |  |  |  |  |  |  |  |  |  | 92,054 | 89,265 | 82,630
Weighted Average Number of Shares Outstanding, Diluted |  |  |  |  |  |  |  |  |  | 102,857 | 99,314 | 91,559
Homebuilding [Member] |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | $ 3,020,987 | $ 2,389,643 | $ 2,084,978
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (1,804) | 741 | (2,007)
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Pretax income (loss) |  |  |  |  |  |  |  |  |  | 115,419 | 86,403 | 28,179
Financial services [Member] |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 11,043 | 11,306 | 12,152
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Operating income (loss) |  |  |  |  |  |  |  |  |  | 7,332 | 7,860 | 9,110
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | 4,292 | 686 | 1,074
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Pretax income (loss) |  |  |  |  |  |  |  |  |  | $ 11,624 | $ 8,546 | $ 10,184
[1] | Amounts for the year ended November 30, 2013 included losses on the early extinguishment of debt of $10.4 million associated with the purchase and retirement of certain senior notes ahead of their maturity.

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