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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Total revenues $ 622,969 $ 565,007 $ 1,203,090 $ 1,015,694
Homebuilding:        
Revenues 620,804 562,396 1,198,692 1,010,663
Construction and land costs (524,410) (456,560) (1,016,828) (825,834)
Selling, general and administrative expenses (78,532) (71,544) (149,604) (132,818)
Operating income 17,862 34,292 32,260 52,011
Interest income 152 115 255 283
Interest expense (8,118) (8,558) (13,456) (19,834)
Equity in income (loss) of unconsolidated joint ventures     1,607 1,900
Total pretax income (loss) 12,673 26,924 23,172 37,687
Financial services:        
Revenues 2,165 2,611 4,398 5,031
Expenses (928) (852) (1,892) (1,704)
Income tax expense (3,100) (300) (5,800) (500)
Net income $ 9,573 $ 26,624 $ 17,372 $ 37,187
Earnings Per Share, Basic, in dollars per share $ 0.10 $ 0.30 $ 0.19 $ 0.43
Earnings Per Share, Diluted, in dollars per share $ 0.10 $ 0.27 $ 0.18 $ 0.40
Weighted average shares outstanding — basic 91,995 89,529 91,974 86,668
Weighted Average Number of Shares Outstanding, Diluted 101,544 99,508 101,470 96,759
Cash dividends declared per common share $ 0.0250 $ 0.0250 $ 0.05 $ 0.05
Homebuilding [Member]        
Total revenues $ 620,804 $ 562,396 $ 1,198,692 $ 1,010,663
Homebuilding:        
Equity in income (loss) of unconsolidated joint ventures (411) (678) (758) 1,912
Total pretax income (loss) 9,485 25,171 18,301 34,372
Financial services [Member]        
Total revenues 2,165 2,611 4,398 5,031
Homebuilding:        
Operating income 1,237 1,759 2,506 3,327
Equity in income (loss) of unconsolidated joint ventures 1,951 (6) 2,365 (12)
Total pretax income (loss) $ 3,188 $ 1,753 $ 4,871 $ 3,315