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v3.6.0.2

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 30, 2016 | Aug. 31, 2016 | May 31, 2016 | Feb. 29, 2016 | Nov. 30, 2015 | Aug. 31, 2015 | May 31, 2015 | Feb. 28, 2015 | Nov. 30, 2014 | Nov. 30, 2016 | Nov. 30, 2015 | Nov. 30, 2014
Total revenues | $ 1,191,942 | $ 913,283 | $ 811,050 | $ 678,371 | $ 985,783 | $ 843,157 | $ 622,969 | $ 580,121 |  | $ 3,594,646 | $ 3,032,030 | $ 2,400,949
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  | 3,582,943 | 3,020,987 | 2,389,643
Construction and land costs |  |  |  |  |  |  |  |  |  | (3,041,101) | (2,539,368) | (1,985,651)
Selling, general and administrative expenses |  |  |  |  |  |  |  |  |  | (389,441) | (342,998) | (288,023)
Operating income |  |  |  |  |  |  |  |  |  | 152,401 | 138,621 | 115,969
Interest income |  |  |  |  |  |  |  |  |  | 529 | 458 | 443
Interest expense |  |  |  |  |  |  |  |  |  | (5,900) | (21,856) | (30,750)
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (5,601) | 2,488 | 1,427
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  | 11,703 | 11,043 | 11,306
Expenses |  |  |  |  |  |  |  |  |  | (3,817) | (3,711) | (3,446)
Pretax income (loss) | 55,028 | 53,463 | 24,797 | 16,027 | 69,917 | 33,954 | 12,673 | 10,499 |  | 149,315 | 127,043 | 94,949
Income tax benefit (expense) |  |  |  |  |  |  |  |  | $ 824,200 | (43,700) | (42,400) | 823,400
Net income | $ 37,528 | $ 39,363 | $ 15,597 | $ 13,127 | $ 44,017 | $ 23,254 | $ 9,573 | $ 7,799 |  | $ 105,615 | $ 84,643 | $ 918,349
Earnings per share: Basic (usd per share) | $ 0.44 | $ 0.46 | $ 0.18 | $ 0.15 | $ 0.48 | $ 0.25 | $ 0.10 | $ 0.08 |  | $ 1.23 | $ 0.92 | $ 10.26
Earnings per share: Diluted (usd per share) | $ 0.40 | $ 0.42 | $ 0.17 | $ 0.14 | $ 0.43 | $ 0.23 | $ 0.10 | $ 0.08 |  | $ 1.12 | $ 0.85 | $ 9.25
Weighted average shares outstanding: Basic (shares) |  |  |  |  |  |  |  |  |  | 85,706 | 92,054 | 89,265
Weighted average shares outstanding: Diluted (shares) |  |  |  |  |  |  |  |  |  | 96,278 | 102,857 | 99,314
Homebuilding [Member] |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | $ 3,582,943 | $ 3,020,987 | $ 2,389,643
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (2,181) | (1,804) | 741
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Pretax income (loss) |  |  |  |  |  |  |  |  |  | 144,849 | 115,419 | 86,403
Financial services [Member] |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding: |  |  |  |  |  |  |  |  |  |  |  |
Operating income |  |  |  |  |  |  |  |  |  | 7,886 | 7,332 | 7,860
Equity in income (loss) of unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (3,420) | 4,292 | 686
Financial services: |  |  |  |  |  |  |  |  |  |  |  |
Pretax income (loss) |  |  |  |  |  |  |  |  |  | $ 4,466 | $ 11,624 | $ 8,546

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