XML 32 R3.htm IDEA: XBRL DOCUMENT v3.24.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Nov. 30, 2022
Revenues $ 6,930,086 $ 6,410,629 $ 6,903,776
Equity in income (loss) of unconsolidated joint ventures 33,195 14,984 19,934
Loss on early extinguishment of debt 0 0 (3,598)
Total pretax income 850,918 771,277 1,072,066
Income tax expense (195,900) (181,100) (255,400)
Net income $ 655,018 $ 590,177 $ 816,666
Earnings per share:      
Basic (in dollars per share) $ 8.70 $ 7.25 $ 9.35
Diluted (in dollars per share) $ 8.45 $ 7.03 $ 9.09
Weighted average shares outstanding:      
Basic (in shares) 74,753 80,842 86,861
Diluted (in shares) 76,955 83,380 89,348
Homebuilding      
Revenues $ 6,902,239 $ 6,381,106 $ 6,880,362
Construction and land costs (5,451,483) (5,030,275) (5,213,343)
Selling, general and administrative expenses (686,848) (632,094) (629,645)
Operating income 763,908 718,737 1,037,374
Interest income and other 32,101 13,759 704
Equity in income (loss) of unconsolidated joint ventures 6,019 (713) (865)
Loss on early extinguishment of debt 0 0 (3,598)
Total pretax income 802,028 731,783 1,033,615
Financial service      
Revenues 27,847 29,523 23,414
Selling, general and administrative expenses (6,133) (5,726) (5,762)
Operating income 21,714 23,797 17,652
Equity in income (loss) of unconsolidated joint ventures 27,176 15,697 20,799
Total pretax income $ 48,890 $ 39,494 $ 38,451