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Financial Services
6 Months Ended
May 31, 2025
Segment Reporting [Abstract]  
Financial Services Financial Services
The following tables present financial information relating to our financial services reporting segment (in thousands):
 Three Months Ended May 31,Six Months Ended May 31,
 2025202420252024
Revenues
Insurance commissions$2,376 $5,402 $4,937 $8,994 
Title services2,493 2,899 4,668 5,375 
Total4,869 8,301 9,605 14,369 
Expenses
General and administrative(1,570)(1,473)(3,109)(3,019)
Operating income3,299 6,828 6,496 11,350 
Equity in income of unconsolidated joint venture
4,862 6,435 9,191 13,490 
Pretax income$8,161 $13,263 $15,687 $24,840 
May 31,
2025
November 30,
2024
Assets
Cash and cash equivalents$2,081 $1,220 
Receivables 3,380 5,407 
Investment in unconsolidated joint venture
17,632 21,997 
Other assets (a)38,338 38,299 
Total assets$61,431 $66,923 
May 31,
2025
November 30,
2024
Liabilities
Accounts payable and accrued expenses$2,954 $2,719 
Total liabilities$2,954 $2,719 
(a)Other assets at May 31, 2025 and November 30, 2024 included $38.3 million and $38.2 million, respectively, of contract assets for estimated future renewal commissions.