Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Feb. 28, 2018

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consisted of the following (in thousands):



	February 28, 2018		November 30, 2017
Self-insurance and other litigation liabilities	$	222,379	$	222,808
Employee compensation and related benefits	106,719		143,992
Accrued interest payable	76,324		65,343
Warranty liability	71,845		69,798
Inventory-related obligations (a)	36,858		30,108
Customer deposits	19,537		16,863
Real estate and business taxes	10,659		16,874
Other	6,748		10,144
Total	$	551,069	$	575,930

(a)

Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with tax increment financing entity (“TIFE”) assessments. As homes are delivered, our obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes on applicable lots before the related TIFE obligations mature.