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Quarterly Results (unaudited) (Tables) | 12 Months Ended
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Nov. 30, 2018
Quarterly Financial Information Disclosure [Abstract] |
Consolidated quarterly results | The following tables present our consolidated quarterly results for the years ended November 30, 2018 and 2017 (in thousands, except per share amounts):
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2018 |  |  |  |  |  |  |
Revenues | $ | 871,623 |  |  | $ | 1,101,423 |  |  | $ | 1,225,347 |  |  | $ | 1,348,609 |
Gross profits | 141,192 |  |  | 189,222 |  |  | 222,893 |  |  | 245,931 |
Inventory impairment and land option contract abandonment charges | 4,985 |  |  | 6,526 |  |  | 8,414 |  |  | 9,069 |
Pretax income | 46,045 |  |  | 78,308 |  |  | 114,676 |  |  | 128,936 |
Net income (loss) (a) | (71,255 | ) |  | 57,308 |  |  | 87,476 |  |  | 96,836 |
Earnings (loss) per share: |  |  |  |  |  |  |
Basic | $ | (.82 | ) |  | $ | .65 |  |  | $ | .99 |  |  | $ | 1.09 |
Diluted | (.82 | ) |  | .57 |  |  | .87 |  |  | .96 |
2017 |  |  |  |  |  |  |
Revenues | $ | 818,596 |  |  | $ | 1,002,794 |  |  | $ | 1,144,001 |  |  | $ | 1,403,138 |
Gross profits | 119,697 |  |  | 155,382 |  |  | 188,110 |  |  | 255,442 |
Inventory impairment and land option contract abandonment charges | 4,008 |  |  | 6,001 |  |  | 8,113 |  |  | 7,110 |
Pretax income | 21,459 |  |  | 51,982 |  |  | 79,208 |  |  | 137,346 |
Net income | 14,259 |  |  | 31,782 |  |  | 50,208 |  |  | 84,346 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | .17 |  |  | $ | .37 |  |  | $ | .58 |  |  | $ | .97 |
Diluted | .15 |  |  | .33 |  |  | .51 |  |  | .84 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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