Segment Information (Tables)

6 Months Ended

May 31, 2014

Segment Reporting [Abstract]

Financial Information Relating to Company Reporting Segments

The following tables present financial information relating to our segments (in thousands):

	Six Months Ended May 31,						Three Months Ended May 31,
	2014			2013			2014			2013
Revenues:
West Coast	$	442,041		$	479,594		$	260,320		$	273,490
Southwest	94,496			79,078			48,381			47,247
Central	297,546			226,797			172,384			120,305
Southeast	176,580			139,135			81,311			80,746
Total homebuilding revenues	1,010,663			924,604			562,396			521,788
Financial services	5,031			5,021			2,611			2,618
Total	$	1,015,694		$	929,625		$	565,007		$	524,406
Pretax income (loss):
West Coast	$	54,329		$	37,862		$	35,964		$	28,020
Southwest	5,056			841			3,771			1,590
Central	13,292			2,484			10,516			2,348
Southeast	(1,916		)	(25,092		)	(5,757		)	(16,768		)
Corporate and other	(36,389		)	(37,263		)	(19,323		)	(21,341		)
Total homebuilding pretax income (loss)	34,372			(21,168		)	25,171			(6,151		)
Financial services	3,315			4,637			1,753			1,978
Total	$	37,687		$	(16,531	)	$	26,924		$	(4,173	)

Equity in income (loss) of unconsolidated joint ventures:
West Coast	$	(58	)	$	(73	)	$	(20	)	$	(40	)
Southwest	(1,321		)	(1,164		)	(658		)	(639		)
Central	—			—			—			—
Southeast	3,291			235			—			112
Total	$	1,912		$	(1,002	)	$	(678	)	$	(567	)

Land option contract abandonments:
West Coast	$	103	$	284	$	103	$	284
Southwest	—		—		—		—
Central	433		—		—		—
Southeast	254		—		254		—
Total	$	790	$	284	$	357	$	284

	May 31, 2014		November 30, 2013
Inventories:
Homes under construction
West Coast	$	465,052	$	275,516
Southwest	46,175		39,661
Central	189,191		157,572
Southeast	123,855		113,690
Subtotal	824,273		586,439
Land under development
West Coast	729,946		560,032
Southwest	298,501		106,654
Central	323,277		238,311
Southeast	212,301		161,919
Subtotal	1,564,025		1,066,916

Land held for future development
West Coast	307,179		308,636
Southwest	137,605		157,924
Central	24,274		15,193
Southeast	148,762		163,469
Subtotal	617,820		645,222
Total	$	3,006,118	$	2,298,577
Investments in unconsolidated joint ventures:
West Coast	$	48,756	$	40,246
Southwest	16,337		80,877
Central	—		—
Southeast	2,501		9,069
Total	$	67,594	$	130,192
Assets:
West Coast	$	1,615,126	$	1,230,761
Southwest	521,977		402,443
Central	610,280		465,547
Southeast	506,494		456,965
Corporate and other	564,881		627,879
Total homebuilding assets	3,818,758		3,183,595
Financial services	9,268		10,040
Total	$	3,828,026	$	3,193,635