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v3.19.2

Supplemental Guarantor Information (Condensed Consolidated Statements of Operations) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
May 31, 2019 | May 31, 2018 | May 31, 2019 | May 31, 2018
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | $ 1,021,803 | $ 1,101,423 | $ 1,833,286 | $ 1,973,046
Homebuilding: |  |  |  |
Equity in income of unconsolidated joint ventures |  |  | 2,527 | 613
Total pretax income (loss) | 56,761 | 78,308 | 91,272 | 124,353
Income tax expense | (9,300) | (21,000) | (13,800) | (138,300)
Equity in net income of subsidiaries | 0 | 0 | 0 | 0
Net income (loss) | 47,461 | 57,308 | 77,472 | (13,947)
Reportable Legal Entities [Member] | KB Home Corporate [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Total pretax income (loss) | 20,047 | 11,701 | 40,456 | 25,407
Income tax expense | (2,800) | (2,400) | (3,500) | (47,100)
Equity in net income of subsidiaries | 30,214 | 48,007 | 40,516 | 7,746
Net income (loss) | 47,461 | 57,308 | 77,472 | (13,947)
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 932,945 | 1,026,887 | 1,677,398 | 1,821,576
Homebuilding: |  |  |  |
Total pretax income (loss) | 36,219 | 69,685 | 51,626 | 100,678
Income tax expense | (3,000) | (17,700) | (6,400) | (65,800)
Equity in net income of subsidiaries | 0 | 0 | 0 | 0
Net income (loss) | 33,219 | 51,985 | 45,226 | 34,878
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 88,858 | 74,536 | 155,888 | 151,470
Homebuilding: |  |  |  |
Total pretax income (loss) | 495 | (3,078) | (810) | (1,732)
Income tax expense | (3,500) | (900) | (3,900) | (25,400)
Equity in net income of subsidiaries | 0 | 0 | 0 | 0
Net income (loss) | (3,005) | (3,978) | (4,710) | (27,132)
Consolidating Adjustments [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Total pretax income (loss) | 0 | 0 | 0 | 0
Income tax expense | 0 | 0 | 0 | 0
Equity in net income of subsidiaries | (30,214) | (48,007) | (40,516) | (7,746)
Net income (loss) | (30,214) | (48,007) | (40,516) | (7,746)
Home Building [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 1,018,671 | 1,098,673 | 1,827,459 | 1,967,878
Homebuilding: |  |  |  |
Construction and land costs | (843,744) | (911,244) | (1,514,599) | (1,640,722)
Selling, general and administrative expenses | (122,828) | (113,231) | (229,422) | (208,955)
Operating income | 52,099 | 74,198 | 83,438 | 118,201
Interest income | 439 | 1,278 | 1,544 | 2,281
Interest expense | 0 | 0 | 0 | 0
Intercompany interest | 0 | 0 | 0 | 0
Equity in income of unconsolidated joint ventures | (369) | (322) | (775) | (1,167)
Total pretax income (loss) | 52,169 | 75,154 | 84,207 | 119,315
Home Building [Member] | Reportable Legal Entities [Member] | KB Home Corporate [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Construction and land costs | 0 | 0 | 0 | 0
Selling, general and administrative expenses | (27,506) | (26,815) | (52,888) | (48,981)
Operating income | (27,506) | (26,815) | (52,888) | (48,981)
Interest income | 395 | 1,181 | 1,409 | 2,179
Interest expense | (35,080) | (37,942) | (68,275) | (75,914)
Intercompany interest | 82,238 | 75,277 | 160,210 | 148,123
Equity in income of unconsolidated joint ventures | 0 | 0 | 0 | 0
Total pretax income (loss) | 20,047 | 11,701 | 40,456 | 25,407
Home Building [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 932,945 | 1,026,887 | 1,677,398 | 1,821,576
Homebuilding: |  |  |  |
Construction and land costs | (756,055) | (844,637) | (1,367,096) | (1,508,733)
Selling, general and administrative expenses | (97,590) | (78,823) | (173,130) | (145,940)
Operating income | 79,300 | 103,427 | 137,172 | 166,903
Interest income | 0 | 4 | 0 | 9
Interest expense | (134) | (634) | (455) | (1,323)
Intercompany interest | (42,578) | (32,791) | (84,316) | (63,745)
Equity in income of unconsolidated joint ventures | (369) | (321) | (775) | (1,166)
Total pretax income (loss) | 36,219 | 69,685 | 51,626 | 100,678
Home Building [Member] | Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 85,726 | 71,786 | 150,061 | 146,302
Homebuilding: |  |  |  |
Construction and land costs | (87,689) | (66,607) | (147,503) | (131,989)
Selling, general and administrative expenses | 2,268 | (7,593) | (3,404) | (14,034)
Operating income | 305 | (2,414) | (846) | 279
Interest income | 44 | 93 | 135 | 93
Interest expense | (1,330) | (1,348) | (2,602) | (2,631)
Intercompany interest | (3,116) | (2,562) | (4,562) | (4,510)
Equity in income of unconsolidated joint ventures | 0 | (1) | 0 | (1)
Total pretax income (loss) | (4,097) | (6,232) | (7,875) | (6,770)
Home Building [Member] | Consolidating Adjustments [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Homebuilding: |  |  |  |
Construction and land costs | 0 | 0 | 0 | 0
Selling, general and administrative expenses | 0 | 0 | 0 | 0
Operating income | 0 | 0 | 0 | 0
Interest income | 0 | 0 | 0 | 0
Interest expense | 36,544 | 39,924 | 71,332 | 79,868
Intercompany interest | (36,544) | (39,924) | (71,332) | (79,868)
Equity in income of unconsolidated joint ventures | 0 | 0 | 0 | 0
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial Service [Member] |  |  |  |
Condensed Consolidated Statements of Operations |  |  |  |
Total revenues | 3,132 | 2,750 | 5,827 | 5,168
Homebuilding: |  |  |  |
Selling, general and administrative expenses | (1,040) | (957) | (2,064) | (1,910)
Operating income | 2,092 | 1,793 | 3,763 | 3,258
Equity in income of unconsolidated joint ventures | 2,500 | 1,361 | 3,302 | 1,780
Total pretax income (loss) | 4,592 | 3,154 | 7,065 | 5,038
Financial Service [Member] | Reportable Legal Entities [Member] | KB Home Corporate [Member] |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial Service [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 0 | 0 | 0 | 0
Financial Service [Member] | Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | 4,592 | 3,154 | 7,065 | 5,038
Financial Service [Member] | Consolidating Adjustments [Member] |  |  |  |
Homebuilding: |  |  |  |
Total pretax income (loss) | $ 0 | $ 0 | $ 0 | $ 0

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