Supplemental Disclosure to Consolidated Statements of Cash Flows

6 Months Ended

May 31, 2021

The following are supplemental disclosures to the consolidated statements of cash flows (in thousands):


	Six Months Ended May 31,
	2021		2020
Summary of cash and cash equivalents at end of period:
Homebuilding	$	608,069	$	575,006
Financial services	978		1,027
Total	$	609,047	$	576,033
Supplemental disclosures of cash flow information:
Interest paid, net of amounts capitalized	$	(164)	$	249
Income taxes paid	26,295		1,078
Supplemental disclosures of non-cash activities:
Reclassification of federal tax refund from deferred tax assets to receivables	—		82,617
Increase in operating lease right-of-use assets and lease liabilities due to adoption of ASC 842	—		31,199
Inventories acquired through seller financing	—		18,045
Decrease in consolidated inventories not owned	(5,223)		(10,414)
Increase in inventories due to distributions of land and land development from an unconsolidated joint venture	4,905		5,360