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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Total revenues $ 913,970 $ 1,021,803 $ 1,989,905 $ 1,833,286
Equity in income of unconsolidated joint ventures     18,078 2,527
Total pretax income 67,789 56,761 136,637 91,272
Income tax expense (15,800) (9,300) (24,900) (13,800)
Net income $ 51,989 $ 47,461 $ 111,737 $ 77,472
Earnings per share:        
Basic (in dollars per share) $ 0.57 $ 0.54 $ 1.23 $ 0.88
Diluted (in dollars per share) $ 0.55 $ 0.51 $ 1.19 $ 0.82
Weighted average shares outstanding:        
Basic (in shares) 90,493 87,641 90,169 87,310
Diluted (in shares) 93,472 92,366 93,628 94,635
Cash dividends declared per common share (in dollars per share) $ 0.09 $ 0.025 $ 0.180 $ 0.05
Home Building [Member]        
Total revenues $ 910,280 $ 1,018,671 $ 1,982,662 $ 1,827,459
Costs of goods and services sold (744,453) (843,744) (1,630,506) (1,514,599)
Selling, general and administrative expenses (114,238) (122,828) (240,372) (229,422)
Operating income 51,589 52,099 111,784 83,438
Interest income 442 439 1,377 1,544
Equity in income of unconsolidated joint ventures 8,154 (369) 10,059 (775)
Total pretax income 60,185 52,169 123,220 84,207
Financial Service [Member]        
Total revenues 3,690 3,132 7,243 5,827
Selling, general and administrative expenses (883) (1,040) (1,845) (2,064)
Operating income 2,807 2,092 5,398 3,763
Equity in income of unconsolidated joint ventures 4,797 2,500 8,019 3,302
Total pretax income $ 7,604 $ 4,592 $ 13,417 $ 7,065