Segment Information (Tables)

9 Months Ended

Aug. 31, 2014

Segment Reporting [Abstract]

Financial Information Relating to Company Reporting Segments

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

	Nine Months Ended August 31,						Three Months Ended August 31,
	2014			2013			2014			2013
Revenues:
West Coast	$	707,532		$	746,232		$	265,491		$	266,638
Southwest	144,597			126,515			50,101			47,437
Central	477,518			381,342			179,972			154,545
Southeast	267,247			216,315			90,667			77,180
Total homebuilding revenues	1,596,894			1,470,404			586,231			545,800
Financial services	8,014			8,195			2,983			3,174
Total	$	1,604,908		$	1,478,599		$	589,214		$	548,974
Pretax income (loss):
West Coast	$	93,599		$	75,469		$	39,270		$	37,607
Southwest	7,599			2,026			2,543			1,185
Central	24,806			11,569			11,514			9,085
Southeast	(9,881		)	(35,012		)	(7,965		)	(9,920		)
Corporate and other	(54,937		)	(51,046		)	(18,548		)	(13,783		)
Total homebuilding pretax income	61,186			3,006			26,814			24,174
Financial services	5,162			7,041			1,847			2,404
Total	$	66,348		$	10,047		$	28,661		$	26,578

Equity in income (loss) of unconsolidated joint ventures:
West Coast	$	(146	)	$	(109	)	$	(88	)	$	(36	)
Southwest	(1,984		)	(1,919		)	(663		)	(755		)
Central	—			—			—			—
Southeast	3,291			370			—			135
Total	$	1,161		$	(1,658	)	$	(751	)	$	(656	)

Inventory impairment charges:
West Coast	$	—	$	—	$	—	$	—
Southwest	—		—		—		—
Central	—		—		—		—
Southeast	3,408		—		3,408		—
Total	$	3,408	$	—	$	3,408	$	—

	Nine Months Ended August 31,				Three Months Ended August 31,
	2014		2013		2014		2013
Land option contract abandonments:
West Coast	$	554	$	284	$	451	$	—
Southwest	—		—		—		—
Central	995		—		562		—
Southeast	254		—		—		—
Total	$	1,803	$	284	$	1,013	$	—

	August 31, 2014		November 30, 2013
Inventories:
Homes under construction
West Coast	$	564,945	$	275,516
Southwest	55,003		39,661
Central	213,011		157,572
Southeast	149,646		113,690
Subtotal	982,605		586,439
Land under development
West Coast	744,570		560,032
Southwest	332,056		106,654
Central	340,340		238,311
Southeast	224,035		161,919
Subtotal	1,641,001		1,066,916
Land held for future development
West Coast	332,000		308,636
Southwest	129,394		157,924
Central	24,357		15,193
Southeast	130,963		163,469
Subtotal	616,714		645,222
Total	$	3,240,320	$	2,298,577

	August 31, 2014		November 30, 2013
Investments in unconsolidated joint ventures:
West Coast	$	54,673	$	40,246
Southwest	16,433		80,877
Central	—		—
Southeast	2,501		9,069
Total	$	73,607	$	130,192
Assets:
West Coast	$	1,755,721	$	1,230,761
Southwest	554,082		402,443
Central	656,333		465,547
Southeast	536,251		456,965
Corporate and other	376,641		627,879
Total homebuilding assets	3,879,028		3,183,595
Financial services	8,363		10,040
Total	$	3,887,391	$	3,193,635