XML 29 R75.htm IDEA: XBRL DOCUMENT v2.4.0.6
Supplemental Guarantor Information (Condensed Consolidated Statements of Cash Flows) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Feb. 28, 2013
Feb. 29, 2012
Feb. 28, 2013
KB Home Corporate
Feb. 29, 2012
KB Home Corporate
Feb. 28, 2013
Guarantor Subsidiaries
Feb. 29, 2012
Guarantor Subsidiaries
Feb. 28, 2013
Non-Guarantor Subsidiaries
Feb. 29, 2012
Non-Guarantor Subsidiaries
Feb. 28, 2013
Consolidating Adjustments
Feb. 29, 2012
Consolidating Adjustments
Cash flows from operating activities:                    
Net loss $ (12,458) $ (45,802) $ (12,458) $ (45,802) $ (5,042) $ (33,897) $ (6,303) $ (12,150) $ 11,345 $ 46,047
Adjustments to reconcile net loss to net cash used in operating activities:                    
Equity in (income) loss of unconsolidated joint ventures (656) (70) 0 0 558 51 (1,214) (121) 0 0
Inventory impairments 0 6,572   0   6,572   0   0
Change in assets and liabilities:                    
Receivables 326 18,293 30 (19) (1,321) (2,119) 1,617 20,431 0 0
Inventories (198,761) (25,856) 0 0 (57,554) (12,997) (141,207) (12,859) 0 0
Accounts payable, accrued expenses and other liabilities (2,413) (60,621) 8,010 (9,889) (8,413) (31,936) (2,010) (18,796) 0 0
Other, net 2,930 (2,100) 1,281 (5,390) 540 189 1,109 3,101 0 0
Net cash used in operating activities (211,032) (109,584) (3,137) (61,100) (71,232) (74,137) (148,008) (20,394) 11,345 46,047
Cash flows from investing activities:                    
Return of investments in (contributions to) unconsolidated joint ventures (304) 6,547 0 0 (314) 6,549 10 (2) 0 0
Purchases of property and equipment, net (430) (429) (96) (21) (129) (149) (205) (259) 0 0
Net cash provided by (used in) investing activities (734) 6,118 (96) (21) (443) 6,400 (195) (261) 0 0
Cash flows from financing activities:                    
Change in restricted cash (2,257) 591 (2,257) 591 0 0 0 0 0 0
Proceeds from issuance of debt 230,000 344,831 230,000 344,831 0 0 0 0 0 0
Payment of debt issuance costs (6,878) (5,816) (6,878) (5,816) 0 0 0 0 0 0
Repayment on senior notes   (340,481)   (340,481)   0   0   0
Payments on mortgages and land contracts due to land sellers and other loans (17,003) (1,715) 0 0 (5,678) (1,644) (11,325) (71) 0 0
Proceeds from issuance of common stock, net 109,811 0 109,811   0   0   0  
Issuance of common stock under employee stock plans 52 175 52 175 0 0 0 0 0 0
Payments of cash dividends (2,089) (4,818) (2,089) (4,818) 0 0 0 0 0 0
Intercompany 0 0 (227,866) (14,899) 83,336 60,890 155,875 56 (11,345) (46,047)
Net cash provided by (used in) financing activities 311,636 (7,233) 100,773 (20,417) 77,658 59,246 144,550 (15) (11,345) (46,047)
Net increase (decrease) in cash and cash equivalents 99,870 (110,699) 97,540 (81,538) 5,983 (8,491) (3,653) (20,670) 0 0
Cash and cash equivalents at beginning of period 525,688 418,074 457,007 340,957 22,642   46,039   0 0
Cash and cash equivalents at end of period $ 625,558 $ 307,375 $ 554,547 $ 259,419 $ 28,625 $ 24,385 $ 42,386 $ 23,571 $ 0 $ 0