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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2020
Aug. 31, 2019
Total revenues $ 999,013 $ 1,160,786 $ 2,988,918 $ 2,994,072
Equity in income of unconsolidated joint ventures     26,855 5,859
Total pretax income 101,315 91,936 237,952 183,208
Income tax expense (22,900) (23,800) (47,800) (37,600)
Net income $ 78,415 $ 68,136 $ 190,152 $ 145,608
Earnings per share:        
Basic (in dollars per share) $ 0.86 $ 0.77 $ 2.09 $ 1.65
Diluted (in dollars per share) $ 0.83 $ 0.73 $ 2.02 $ 1.55
Weighted average shares outstanding:        
Basic (in shares) 90,535 88,262 90,292 87,630
Diluted (in shares) 94,105 92,842 93,788 94,032
Cash dividends declared per common share (in dollars per share) $ 0.09 $ 0.09 $ 0.27 $ 0.14
Home Building [Member]        
Total revenues $ 995,148 $ 1,156,855 $ 2,977,810 $ 2,984,314
Costs of goods and services sold (798,495) (943,754) (2,429,001) (2,458,353)
Selling, general and administrative expenses (107,710) (127,626) (348,082) (357,048)
Operating income 88,943 85,475 200,727 168,913
Interest income 786 201 2,163 1,745
Equity in income of unconsolidated joint ventures 1,922 (384) 11,981 (1,159)
Total pretax income 91,651 85,292 214,871 169,499
Financial Service [Member]        
Total revenues 3,865 3,931 11,108 9,758
Selling, general and administrative expenses (1,056) (1,003) (2,901) (3,067)
Operating income 2,809 2,928 8,207 6,691
Equity in income of unconsolidated joint ventures 6,855 3,716 14,874 7,018
Total pretax income $ 9,664 $ 6,644 $ 23,081 $ 13,709