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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
May 31, 2025
May 31, 2024
May 31, 2025
May 31, 2024
Revenues $ 1,529,585 $ 1,709,813 $ 2,921,362 $ 3,177,579
Equity in income (loss) of unconsolidated joint ventures     12,684 13,269
Total pretax income 142,383 221,119 281,740 395,784
Income tax expense (34,500) (52,700) (64,300) (88,700)
Net income $ 107,883 $ 168,419 $ 217,440 $ 307,084
Earnings per share:        
Basic (in dollars per share) $ 1.53 $ 2.21 $ 3.05 $ 4.02
Diluted (in dollars per share) $ 1.50 $ 2.15 $ 3.00 $ 3.91
Weighted average shares outstanding:        
Basic (in shares) 69,976 75,653 70,745 75,773
Diluted (in shares) 71,226 77,806 72,108 78,034
Homebuilding        
Revenues $ 1,524,716 $ 1,701,512 $ 2,911,757 $ 3,163,210
Construction and land costs (1,230,055) (1,342,102) (2,337,469) (2,488,630)
Selling, general and administrative expenses (163,198) (171,227) (315,486) (328,721)
Operating income 131,463 188,183 258,802 345,859
Interest income and other 1,679 19,449 3,758 25,306
Equity in income (loss) of unconsolidated joint ventures 1,080 224 3,493 (221)
Total pretax income 134,222 207,856 266,053 370,944
Financial services        
Revenues 4,869 8,301 9,605 14,369
Selling, general and administrative expenses (1,570) (1,473) (3,109) (3,019)
Operating income 3,299 6,828 6,496 11,350
Equity in income (loss) of unconsolidated joint ventures 4,862 6,435 9,191 13,490
Total pretax income $ 8,161 $ 13,263 $ 15,687 $ 24,840