Accrued Expenses and Other Liabilities (Tables)

12 Months Ended

Nov. 30, 2019

Payables and Accruals [Abstract]

Accrued Expenses and Other Liabilities

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

	November 30,
	2019		2018
Self-insurance and other legal liabilities	$	229,483	$	283,651
Employee compensation and related benefits	163,646		148,549
Warranty liability	88,839		82,490
Accrued interest payable	32,507		31,180
Inventory-related obligations (a)	26,264		40,892
Customer deposits	22,382		19,491
Real estate and business taxes	14,872		16,639
Other	40,790		43,376
Total	$	618,783	$	666,268

(a)

Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with 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.