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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2016
Aug. 31, 2016
May 31, 2016
Feb. 29, 2016
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Total revenues $ 1,403,138 $ 1,144,001 $ 1,002,794 $ 818,596 $ 1,191,942 $ 913,283 $ 811,050 $ 678,371 $ 4,368,529 $ 3,594,646 $ 3,032,030
Homebuilding:                      
Revenues                 4,356,265 3,582,943 3,020,987
Construction and land costs                 (3,646,468) (3,041,101) (2,539,368)
Selling, general and administrative expenses                 (426,394) (389,441) (342,998)
Operating income                 283,403 152,401 138,621
Interest income                 1,240 529 458
Interest expense [1]                 (6,307) (5,900) (21,856)
Equity in income (loss) of unconsolidated joint ventures                 2,825 (5,601) 2,488
Financial services:                      
Revenues                 12,264 11,703 11,043
Expenses                 (3,430) (3,817) (3,711)
Pretax income (loss) 137,346 79,208 51,982 21,459 55,028 53,463 24,797 16,027 289,995 149,315 127,043
Income tax expense                 (109,400) (43,700) (42,400)
Net income $ 84,346 $ 50,208 $ 31,782 $ 14,259 $ 37,528 $ 39,363 $ 15,597 $ 13,127 $ 180,595 $ 105,615 $ 84,643
Earnings per share: Basic (usd per share) $ 0.97 $ 0.58 $ 0.37 $ 0.17 $ 0.44 $ 0.46 $ 0.18 $ 0.15 $ 2.09 $ 1.23 $ 0.92
Earnings per share: Diluted (usd per share) $ 0.84 $ 0.51 $ 0.33 $ 0.15 $ 0.40 $ 0.42 $ 0.17 $ 0.14 $ 1.85 $ 1.12 $ 0.85
Weighted average shares outstanding: Basic (shares)                 85,842 85,706 92,054
Weighted average shares outstanding: Diluted (shares)                 98,316 96,278 102,857
Homebuilding [Member]                      
Homebuilding:                      
Equity in income (loss) of unconsolidated joint ventures                 $ (1,409) $ (2,181) $ (1,804)
Financial services:                      
Pretax income (loss)                 276,927 144,849 115,419
Financial services [Member]                      
Homebuilding:                      
Operating income                 8,834 7,886 7,332
Equity in income (loss) of unconsolidated joint ventures                 4,234 (3,420) 4,292
Financial services:                      
Pretax income (loss)                 $ 13,068 $ 4,466 $ 11,624
[1] Interest incurred and interest expensed for the year ended November 30, 2017 included a charge of $5.7 million for the early extinguishment of debt.