XML 96 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Total revenues $ 1,075,935 $ 811,483
Equity in income of unconsolidated joint ventures 5,127 396
Total pretax income 68,848 34,511
Income tax expense (9,100) (4,500)
Net income $ 59,748 $ 30,011
Earnings per share:    
Basic (in dollars per share) $ 0.66 $ 0.34
Diluted (in dollars per share) $ 0.63 $ 0.31
Weighted average shares outstanding:    
Basic (in shares) 89,842 86,972
Diluted (in shares) 94,205 96,962
Cash dividends declared per common share (in dollars per share) $ 0.090 $ 0.025
Home Building [Member]    
Total revenues $ 1,072,382 $ 808,788
Costs of goods and services sold (886,053) (670,855)
Selling, general and administrative expenses (126,134) (106,594)
Operating income 60,195 31,339
Interest income 935 1,105
Equity in income of unconsolidated joint ventures 1,905 (406)
Total pretax income 63,035 32,038
Financial Service [Member]    
Total revenues 3,553 2,695
Selling, general and administrative expenses (962) (1,024)
Operating income 2,591 1,671
Equity in income of unconsolidated joint ventures 3,222 802
Total pretax income $ 5,813 $ 2,473