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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 28, 2019
Nov. 30, 2018
Assets    
Cash and cash equivalents $ 512,407 $ 575,119
Receivables 313,609 292,830
Inventories 3,683,763 3,582,839
Investments in unconsolidated joint ventures 57,134 61,960
Property and equipment, net 55,330 24,283
Other assets 89,560 83,100
Total assets 5,173,656 5,073,571
Liabilities and stockholders’ equity    
Accrued expenses and other liabilities 631,381 666,268
Mortgages and notes payable 2,203,589 2,060,263
Common stock 119,258 119,196
Paid-in capital 755,341 753,570
Retained earnings 1,936,523 1,897,168
Accumulated other comprehensive loss (9,565) (9,565)
Grantor stock ownership trust, at cost (85,246) (88,472)
Treasury stock, at cost (587,814) (584,397)
Total stockholders’ equity 2,128,497 2,087,500
Total liabilities and stockholders’ equity 5,173,656 5,073,571
Home Building [Member]    
Assets    
Cash and cash equivalents 511,690 574,359
Receivables 313,609 292,830
Inventories 3,683,763 3,582,839
Investments in unconsolidated joint ventures 57,134 61,960
Property and equipment, net 55,330 24,283
Deferred tax assets, net 433,295 441,820
Other assets 89,560 83,100
Total assets 5,144,381 5,061,191
Liabilities and stockholders’ equity    
Accounts payable 209,015 258,045
Accrued expenses and other liabilities 631,381 666,268
Mortgages and notes payable 2,203,589 2,060,263
Total Liabilities 3,043,985 2,984,576
Financial Service [Member]    
Assets    
Cash and cash equivalents 717 760
Receivables 1,602 2,885
Investments in unconsolidated joint ventures 6,995 8,594
Other assets [1] 19,961 141
Total assets 29,275 12,380
Liabilities and stockholders’ equity    
Financial services $ 1,174 $ 1,495
[1] Other assets at February 28, 2019 included $19.8 million of contract assets for estimated future renewal commissions due to our adoption of ASC 606 effective December 1, 2018, as described in Note 1 – Basis of Presentation and Significant Accounting Policies.