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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 28, 2021
Nov. 30, 2020
Assets    
Cash and cash equivalents $ 570,959 $ 682,529
Receivables 249,234 272,659
Inventories 4,123,953 3,897,482
Property and equipment, net 67,558 65,547
Other assets 118,306 125,510
Total assets 5,426,784 5,356,442
Liabilities and stockholders’ equity    
Accrued expenses and other liabilities 649,110 667,501
Mortgages and notes payable 1,747,007 1,747,175
Common stock 100,042 99,869
Paid-in capital 827,456 824,306
Retained earnings 1,951,657 1,868,896
Accumulated other comprehensive loss (22,276) (22,276)
Grantor stock ownership trust, at cost (72,718) (77,265)
Treasury stock, at cost (35,977) (27,761)
Total stockholders’ equity 2,748,184 2,665,769
Total liabilities and stockholders’ equity 5,426,784 5,356,442
Home Building [Member]    
Assets    
Cash and cash equivalents 569,793 681,190
Receivables 249,234 272,659
Inventories 4,123,953 3,897,482
Investments in unconsolidated joint ventures 46,453 46,785
Property and equipment, net 67,558 65,547
Deferred tax assets, net 215,145 231,067
Other assets 118,306 125,510
Total assets 5,390,442 5,320,240
Liabilities and stockholders’ equity    
Accounts payable 280,541 273,368
Accrued expenses and other liabilities 649,110 667,501
Mortgages and notes payable 1,747,007 1,747,175
Total Liabilities 2,676,658 2,688,044
Financial Service [Member]    
Assets    
Cash and cash equivalents 1,166 1,339
Receivables 1,777 1,988
Investments in unconsolidated joint ventures 11,197 10,978
Other assets [1] 22,202 21,897
Total assets 36,342 36,202
Liabilities and stockholders’ equity    
Financial services $ 1,942 $ 2,629
[1] Other assets at February 28, 2021 and November 30, 2020 included $21.9 million and $21.5 million, respectively, of contract assets for estimated future renewal commissions.