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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2020
Nov. 30, 2019
Assets    
Cash and cash equivalents $ 723,126 $ 454,858
Receivables 269,651 249,055
Inventories 3,671,129 3,704,602
Property and equipment, net 64,619 65,043
Other assets 125,242 83,041
Total assets 5,177,427 5,015,482
Liabilities and stockholders’ equity    
Accrued expenses and other liabilities 630,529 618,783
Mortgages and notes payable 1,747,704 1,748,747
Common stock 122,370 121,593
Paid-in capital 810,915 793,954
Retained earnings 2,326,060 2,157,183
Accumulated other comprehensive loss (17,149) (15,506)
Grantor stock ownership trust, at cost (79,359) (82,758)
Treasury stock, at cost (597,529) (591,344)
Total stockholders’ equity 2,565,308 2,383,122
Total liabilities and stockholders’ equity 5,177,427 5,015,482
Home Building [Member]    
Assets    
Cash and cash equivalents 722,033 453,814
Receivables 269,651 249,055
Inventories 3,671,129 3,704,602
Investments in unconsolidated joint ventures 48,821 57,038
Property and equipment, net 64,619 65,043
Deferred tax assets, net 241,171 364,493
Other assets 125,242 83,041
Total assets 5,142,666 4,977,086
Liabilities and stockholders’ equity    
Accounts payable 231,821 262,772
Accrued expenses and other liabilities 630,529 618,783
Mortgages and notes payable 1,747,704 1,748,747
Total Liabilities 2,610,054 2,630,302
Financial Service [Member]    
Assets    
Cash and cash equivalents 1,093 1,044
Receivables 1,414 2,232
Investments in unconsolidated joint ventures 10,298 14,374
Other assets [1] 21,956 20,746
Total assets 34,761 38,396
Liabilities and stockholders’ equity    
Financial services $ 2,065 $ 2,058
[1]
Other assets at August 31, 2020 and November 30, 2019 included $21.6 million and $20.6 million, respectively, of contract assets for estimated future renewal commissions related to then-existing insurance policies.