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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2017
May 31, 2017
Feb. 28, 2017
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2016
Total revenues $ 1,348,609 $ 1,225,347 $ 1,101,423 $ 871,623 $ 1,403,138 $ 1,144,001 $ 1,002,794 $ 818,596 $ 4,547,002 $ 4,368,529 $ 3,594,646
Homebuilding:                      
Revenues                 4,533,795 4,356,265 3,582,943
Construction and land costs                 (3,743,920) (3,646,468) (3,041,101)
Selling, general and administrative expenses                 (444,154) (426,394) (389,441)
Operating income                 345,721 283,403 152,401
Interest income                 3,514 1,240 529
Interest expense [1]                 0 (6,307) (5,900)
Equity in income (loss) of unconsolidated joint ventures                 9,367 2,825 (5,601)
Financial services:                      
Revenues                 13,207 12,264 11,703
Expenses                 (3,844) (3,430) (3,817)
Pretax income (loss) 128,936 114,676 78,308 46,045 137,346 79,208 51,982 21,459 367,965 289,995 149,315
Income tax expense                 (197,600) (109,400) (43,700)
Net income $ 96,836 $ 87,476 $ 57,308 $ (71,255) $ 84,346 $ 50,208 $ 31,782 $ 14,259 $ 170,365 $ 180,595 $ 105,615
Earnings per share: Basic (usd per share) $ 1.09 $ 0.99 $ 0.65 $ (0.82) $ 0.97 $ 0.58 $ 0.37 $ 0.17 $ 1.93 $ 2.09 $ 1.23
Earnings per share: Diluted (usd per share) $ 0.96 $ 0.87 $ 0.57 $ (0.82) $ 0.84 $ 0.51 $ 0.33 $ 0.15 $ 1.71 $ 1.85 $ 1.12
Weighted average shares outstanding: Basic (shares)                 87,773 85,842 85,706
Weighted average shares outstanding: Diluted (shares)                 101,059 98,316 96,278
Homebuilding [Member]                      
Homebuilding:                      
Equity in income (loss) of unconsolidated joint ventures                 $ 2,066 $ (1,409) $ (2,181)
Financial services:                      
Pretax income (loss)                 351,301 276,927 144,849
Financial services [Member]                      
Homebuilding:                      
Operating income                 9,363 8,834 7,886
Equity in income (loss) of unconsolidated joint ventures                 7,301 4,234 (3,420)
Financial services:                      
Pretax income (loss)                 $ 16,664 $ 13,068 $ 4,466
[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.