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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Total revenues $ 871,623 $ 818,596
Homebuilding:    
Revenues 869,205 816,246
Construction and land costs (729,478) (698,080)
Selling, general and administrative expenses (95,724) (92,889)
Operating income 44,003 25,277
Interest income 1,003 198
Interest expense [1] 0 (6,307)
Equity in income of unconsolidated joint ventures (426) 760
Total pretax income (loss) 46,045 21,459
Financial services:    
Revenues 2,418 2,350
Expenses (953) (819)
Income tax expense (117,300) (7,200)
Net income (loss) $ (71,255) $ 14,259
Earnings Per Share, Basic (in dollars per share) $ (0.82) $ 0.17
Earnings Per Share, Diluted (in dollars per share) $ (0.82) $ 0.15
Weighted average shares outstanding — basic (in shares) 87,155 85,122
Weighted average shares outstanding — diluted (in shares) 87,155 96,273
Cash dividends declared per common share (in dollars per share) $ 0.025 $ 0.025
Homebuilding [Member]    
Homebuilding:    
Equity in income of unconsolidated joint ventures $ (845) $ 731
Total pretax income (loss) 44,161 19,899
Financial services [Member]    
Homebuilding:    
Operating income 1,465 1,531
Equity in income of unconsolidated joint ventures 419 29
Total pretax income (loss) $ 1,884 $ 1,560
[1] Interest incurred and interest expensed for the three months ended February 28, 2017 included a charge of $5.7 million for the early extinguishment of debt