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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Feb. 28, 2013
Feb. 29, 2012
Cash flows from operating activities:    
Net loss $ (12,458) $ (45,802)
Adjustments to reconcile net loss to net cash used in operating activities:    
Equity in income of unconsolidated joint ventures (656) (70)
Distributions of earnings from unconsolidated joint ventures 1,438 0
Amortization of discounts and issuance costs 971 579
Depreciation and amortization 465 392
Loss on early extinguishment of debt 0 (2,003)
Stock-based compensation 1,013 1,656
Inventory impairments 0 6,572
Change in assets and liabilities:    
Receivables 326 18,293
Inventories (198,761) (25,856)
Accounts payable, accrued expenses and other liabilities (2,413) (60,621)
Other, net (957) (6,730)
Net cash used in operating activities (211,032) (109,584)
Cash flows from investing activities:    
Return of investments in (contributions to) unconsolidated joint ventures (304) 6,547
Purchases of property and equipment, net (430) (429)
Net cash provided by (used in) investing activities (734) 6,118
Cash flows from financing activities:    
Change in restricted cash (2,257) 591
Proceeds from issuance of debt 230,000 344,831
Payment of debt issuance costs (6,878) (5,816)
Repayment of senior notes 0 340,481
Payments on mortgages and land contracts due to land sellers and other loans (17,003) (1,715)
Proceeds from issuance of common stock, net 109,811 0
Issuance of common stock under employee stock plans 52 175
Payments of cash dividends (2,089) (4,818)
Net cash provided by (used in) financing activities 311,636 (7,233)
Net increase (decrease) in cash and cash equivalents 99,870 (110,699)
Cash and cash equivalents at beginning of period 525,688 418,074
Cash and cash equivalents at end of period $ 625,558 $ 307,375