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v3.10.0.1

Consolidated Balance Sheets - USD ($) $ in Thousands | Nov. 30, 2018 | Nov. 30, 2017
--- | --- | ---
Assets |  |  |
Cash and cash equivalents |  | $ 575,119 | $ 720,861
Receivables |  | 292,830 | 244,213
Inventories |  | 3,582,839 | 3,263,386
Investments in unconsolidated joint ventures |  | 61,960 | 64,794
Deferred tax assets, net |  | 441,820 | 633,637
Other assets |  | 107,383 | 102,498
Total assets |  | 5,073,571 | 5,041,515
Liabilities and stockholders' equity |  |  |
Accounts payable |  | 258,045 | 213,463
Accrued expenses and other liabilities |  | 666,268 | 575,930
Notes payable |  | 2,060,263 | 2,324,845
Financial services |  | 1,495 | 966
Stockholders' equity: |  |  |
Preferred stock — $1.00 par value; 10,000,000 shares authorized; none issued |  | 0 | 0
Common stock — $1.00 par value; 290,000,000 shares authorized at November 30, 2018 and 2017; 119,195,914 and 117,945,525 shares issued at November 30, 2018 and 2017, respectively |  | 119,196 | 117,946
Paid-in capital |  | 753,570 | 727,483
Retained earnings |  | 1,897,168 | 1,735,695
Accumulated other comprehensive loss |  | (9,565) | (16,924)
Grantor stock ownership trust, at cost: 8,157,235 and 8,897,954 shares at November 30, 2018 and 2017, respectively |  | (88,472) | (96,509)
Treasury stock, at cost: 24,113,487 and 22,021,062 shares at November 30, 2018 and 2017, respectively |  | (584,397) | (541,380)
Total stockholder's equity |  | 2,087,500 | 1,926,311
Total liabilities and stockholders' equity |  | 5,073,571 | 5,041,515
Homebuilding [Member] |  |  |
Assets |  |  |
Cash and cash equivalents |  | 574,359 | 720,630
Total assets |  | 5,061,191 | 5,029,158
Liabilities and stockholders' equity |  |  |
Total Homebuilding |  | 2,984,576 | 3,114,238
Financial services [Member] |  |  |
Assets |  |  |
Cash and cash equivalents |  | 760 | 231
Receivables |  | 2,885 | 1,724
Investments in unconsolidated joint ventures | [1] | 8,594 | 10,340
Other assets |  | 141 | 62
Total assets |  | $ 12,380 | $ 12,357
[1] | In 2017, we made a $5.3 million capital contribution to KBHS and received a $5.0 million distribution from HCM.

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