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Segment Information (Tables)
6 Months Ended
May 31, 2013
Segment Reporting [Abstract]  
Financial Information Relating to Company Reporting Segments
The following tables present financial information relating to our reporting segments (in thousands):
 
Six Months Ended May 31,
 
Three Months Ended May 31,
 
2013
 
2012
 
2013
 
2012
Revenues:
 
 
 
 
 
 
 
West Coast
$
479,594

 
$
237,884

 
$
273,490

 
$
132,651

Southwest
79,078

 
59,493

 
47,247

 
27,909

Central
226,797

 
168,030

 
120,305

 
87,756

Southeast
139,135

 
87,093

 
80,746

 
52,289

Total homebuilding revenues
924,604

 
552,500

 
521,788

 
300,605

Financial services
5,021

 
4,910

 
2,618

 
2,247

Total
$
929,625

 
$
557,410

 
$
524,406

 
$
302,852

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pretax income (loss):
 
 
 
 
 
 
 
West Coast
$
37,862

 
$
(33,454
)
 
$
28,020

 
$
(14,694
)
Southwest
841

 
(7,182
)
 
1,590

 
(2,139
)
Central
2,484

 
(4,138
)
 
2,348

 
(631
)
Southeast
(25,092
)
 
320

 
(16,768
)
 
4,579

Corporate and other (a)
(37,263
)
 
(33,055
)
 
(21,341
)
 
(17,252
)
Total homebuilding pretax loss
(21,168
)
 
(77,509
)
 
(6,151
)
 
(30,137
)
Financial services
4,637

 
3,471

 
1,978

 
1,501

Total
$
(16,531
)
 
$
(74,038
)
 
$
(4,173
)
 
$
(28,636
)

(a)Corporate and other includes corporate general and administrative expenses.
 
Six Months Ended May 31,
 
Three Months Ended May 31,
 
2013
 
2012
 
2013
 
2012
Equity in income (loss) of unconsolidated joint ventures:
 
 
 
 
 
 
 
West Coast
$
(73
)
 
$
(77
)
 
$
(40
)
 
$
(32
)
Southwest
(1,164
)
 
(217
)
 
(639
)
 
(209
)
Central

 

 

 

Southeast
235

 
(21
)
 
112

 
(2
)
Total
$
(1,002
)
 
$
(315
)
 
$
(567
)
 
$
(243
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventory impairments:
 
 
 
 
 
 
 
West Coast
$

 
$
13,107

 
$

 
$
6,535

Southwest

 
2,135

 

 
2,135

Central

 
1,267

 

 
1,267

Southeast

 

 

 

Total
$

 
$
16,509

 
$

 
$
9,937

 
 
 
 
 
 
 
 
 
Land option contract abandonments:
 
 
 
 
 
 
 
West Coast
$
284

 
$

 
$
284

 
$

Southwest

 

 

 

Central

 

 

 

Southeast

 

 

 

Total
$
284

 
$

 
$
284

 
$


 
May 31,
2013
 
November 30,
2012
Assets:
 
 
 
West Coast
$
1,109,993

 
$
930,450

Southwest
351,149

 
319,863

Central
417,172

 
369,294

Southeast
401,058

 
341,460

Corporate and other
623,629

 
596,176

Total homebuilding assets
2,903,001

 
2,557,243

Financial services
9,120

 
4,455

Total
$
2,912,121

 
$
2,561,698

 
 
 
 
Investments in unconsolidated joint ventures:
 
 
 
West Coast
$
38,763

 
$
38,372

Southwest
74,919

 
75,920

Central

 

Southeast
9,118

 
9,382

Total
$
122,800

 
$
123,674