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v3.7.0.1

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | May 31, 2017 | Nov. 30, 2016
--- | --- | ---
Assets |  |  |
Cash and cash equivalents |  | $ 349,372 | $ 593,000
Receivables |  | 234,712 | 231,665
Inventories |  | 3,488,204 | 3,403,228
Investments in unconsolidated joint ventures |  | 64,000 | 64,016
Deferred tax assets, net |  | 711,885 | 738,985
Other assets |  | 99,996 | 91,145
Total assets |  | 4,958,795 | 5,131,624
Liabilities and stockholders' equity |  |  |
Accounts payable |  | 186,993 | 215,331
Accrued expenses and other liabilities |  | 487,836 | 550,996
Mortgages and notes payable |  | 2,510,121 | 2,640,149
Financial services |  | 1,457 | 2,003
Common stock |  | 116,546 | 116,224
Paid-in capital |  | 703,004 | 696,938
Retained earnings |  | 1,605,442 | 1,563,742
Accumulated other comprehensive loss |  | (16,057) | (16,057)
Grantor stock ownership trust, at cost |  | (99,279) | (102,300)
Treasury stock, at cost |  | (537,268) | (535,402)
Total stockholders’ equity |  | 1,772,388 | 1,723,145
Total liabilities and stockholders’ equity |  | 4,958,795 | 5,131,624
Homebuilding [Member] |  |  |
Assets |  |  |
Cash and cash equivalents |  | 348,588 | 592,086
Total assets |  | 4,947,385 | 5,121,125
Liabilities and stockholders' equity |  |  |
Total Liabilities Homebuilding |  | 3,184,950 | 3,406,476
Financial services [Member] |  |  |
Assets |  |  |
Cash and cash equivalents |  | 784 | 914
Receivables |  | 1,622 | 1,764
Investments in unconsolidated joint ventures | [1] | 8,972 | 7,771
Other assets |  | 32 | 50
Total assets |  | $ 11,410 | $ 10,499
[1] | Our investments in unconsolidated joint ventures as of May 31, 2017 included a $5.3 million capital contribution we made to KBHS in the 2017 first quarter, and a $5.0 million distribution we received from HCM in the 2017 second quarter.

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