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Segment Information (Tables)
6 Months Ended
May 31, 2017
Segment Reporting [Abstract]  
Financial Information Relating to Company Reporting Segments
The following tables present financial information relating to our homebuilding reporting segments (in thousands):
 
Three Months Ended May 31,
 
Six Months Ended May 31,
 
2017
 
2016
 
2017
 
2016
Revenues:
 
 
 
 
 
 
 
West Coast
$
460,600

 
$
331,273

 
$
816,432

 
$
615,119

Southwest
126,189

 
111,671

 
243,825

 
212,003

Central
292,746

 
240,232

 
535,002

 
442,393

Southeast
120,537

 
125,286

 
221,059

 
214,689

Total
$
1,000,072

 
$
808,462

 
$
1,816,318

 
$
1,484,204

 
 
 
 
 
 
 
 
Pretax income (loss):
 
 
 
 
 
 
 
West Coast
$
36,496

 
$
19,619

 
$
59,349

 
$
41,735

Southwest
9,949

 
10,134

 
18,621

 
22,637

Central
26,985

 
23,335

 
46,663

 
33,914

Southeast
479

 
(6,590
)
 
(1,734
)
 
(14,154
)
Corporate and other
(24,744
)
 
(23,221
)
 
(53,835
)
 
(46,011
)
Total
$
49,165

 
$
23,277

 
$
69,064

 
$
38,121


Inventory impairment charges:
 
 
 
 
 
 
 
West Coast
$
3,144

 
$
4,574

 
$
3,144

 
$
4,574

Southwest

 

 
1,343

 

Central

 

 

 
787

Southeast
1,158

 
5,356

 
3,032

 
5,915

Total
$
4,302

 
$
9,930

 
$
7,519

 
$
11,276

 
 
Three Months Ended May 31,
 
Six Months Ended May 31,
 
2017
 
2016
 
2017
 
2016
Land option contract abandonments:
 
 
 
 
 
 
 
West Coast
$
1,044

 
$
261

 
$
1,835

 
$
421

Southwest

 
111

 

 
111

Central
518

 

 
518

 
460

Southeast
137

 
1,438

 
137

 
1,438

Total
$
1,699

 
$
1,810

 
$
2,490

 
$
2,430


 
May 31,
2017
 
November 30,
2016
Inventories:
 
 
 
Homes under construction
 
 
 
West Coast
$
937,202

 
$
695,742

Southwest
149,669

 
130,886

Central
334,326

 
297,290

Southeast
109,855

 
122,020

Subtotal
1,531,052

 
1,245,938

 
 
 
 
Land under development
 
 
 
West Coast
641,669

 
820,088

Southwest
287,557

 
268,507

Central
451,551

 
456,508

Southeast
179,982

 
182,554

Subtotal
1,560,759

 
1,727,657

 
 
 
 
Land held for future development or sale
 
 
 
West Coast
195,684

 
210,910

Southwest
111,608

 
122,927

Central
18,328

 
15,439

Southeast
70,773

 
80,357

Subtotal
396,393

 
429,633

Total
$
3,488,204

 
$
3,403,228

 
 
 
 
Assets:
 
 
 
West Coast
$
1,881,660

 
$
1,847,279

Southwest
584,515

 
564,636

Central
918,171

 
909,497

Southeast
375,823

 
414,730

Corporate and other
1,187,216

 
1,384,983

Total
$
4,947,385

 
$
5,121,125