Commitments and Contingencies (Tables)

12 Months Ended

Nov. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

The changes in our warranty liability are as follows (in thousands):



	Years Ended November 30,
	2016			2015			2014
Balance at beginning of year	$	49,085		$	45,196		$	48,704
Warranties issued	30,135			23,018			18,479
Payments (a)	(23,190		)	(26,367		)	(39,458		)
Adjustments (b)	652			7,238			17,471
Balance at end of year	$	56,682		$	49,085		$	45,196


(a)	Payments for 2016, 2015 and 2014 included $2.3 million, $8.4 million and $26.6 million, respectively, to repair homes affected by water intrusion-related issues in certain of our communities in central and southwest Florida.

(b)

Adjustments for 2016, 2015 and 2014 included the reclassification of certain estimated minimum probable recoveries to receivables in connection with the above-noted water intrusion-related issues. Adjustments in 2014 also included the reclassification of estimated minimum probable recoveries to establish a separate accrual for a water intrusion-related inquiry, as described below. The adjustments for each year had no impact on our consolidated statements of operations. There were no estimated minimum probable recoveries netted against our warranty liability at November 30, 2016.

Schedule of Self-Insurance Liability

Our self-insurance liability is presented on a gross basis for all years without consideration of insurance recoveries and amounts we have paid on behalf of and expect to recover from other parties, if any. To facilitate this, as of November 30, 2016, we changed the presentation of estimated probable insurance and other recoveries to reflect such amounts as receivables in our consolidated balance sheets, with no impact on our consolidated statements of operations. Previously, these amounts were presented on a net basis within our self-insurance liability. The estimated probable insurance and other recoveries that were reclassified to receivables totaled $95.3 million at November 30, 2015 and $124.9 million at November 30, 2014. We also reported estimated probable insurance and other recoveries of $84.5 million as receivables at November 30, 2016. The estimated probable recoveries for all periods presented are principally based on actuarially determined amounts and depend on various factors, including, among other things, the above-described claim cost estimates, our insurance policy coverage limits for the applicable policy year(s), historical third-party recovery rates, insurance industry practices, the regulatory environment, and legal precedent, and are subject to a high degree of variability from year to year. Because of the inherent uncertainty and variability in these assumptions, our actual insurance recoveries could differ significantly from amounts currently estimated.

The changes in our self-insurance liability were as follows (in thousands):



	Years Ended November 30,
	2016			2015			2014
Balance at beginning of year	$	173,011		$	205,228		$	239,067
Self-insurance expense (a)	24,808			18,590			13,491
Payments	(28,395		)	(21,201		)	(21,045		)
Reclassification of estimated probable recoveries (b)	(10,840		)	(29,606		)	(26,285		)
Balance at end of year	$	158,584		$	173,011		$	205,228


(a)	These expenses are included in selling, general and administrative expenses and are largely offset by contributions from independent subcontractors participating in the wrap-up policy.

Schedule of Future Minimum Rental Payments for Operating Leases

future minimum rental payments under operating leases, which primarily consist of office leases having initial or remaining noncancelable lease terms in excess of one year, are as follows (in thousands):



Years Ending November 30,
2017	$	7,660
2018	7,218
2019	6,653
2020	4,354
2021	2,592
Thereafter	7,644
Total minimum lease payments	$	36,121