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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2019
Revenues $ 5,724,930 $ 4,183,174 $ 4,552,747
Equity in income of unconsolidated joint ventures 23,184 33,628 10,681
Loss on early extinguishment of debt (5,075) 0 (6,800)
Total pretax income 695,346 364,043 348,175
Income tax expense (130,600) (67,800) (79,400)
Net income $ 564,746 $ 296,243 $ 268,775
Earnings per share:      
Basic (in dollars per share) $ 6.22 $ 3.26 $ 3.04
Diluted (in dollars per share) $ 6.01 $ 3.13 $ 2.85
Weighted average shares outstanding:      
Basic (in shares) 90,401 90,464 87,996
Diluted (in shares) 93,587 94,086 93,838
Homebuilding      
Revenues $ 5,705,029 $ 4,167,702 $ 4,537,658
Construction and land costs (4,469,311) (3,380,451) (3,708,928)
Selling, general and administrative expenses (574,376) (470,779) (497,350)
Operating income 661,342 316,472 331,380
Interest income 1,049 2,554 2,158
Equity in income of unconsolidated joint ventures (405) 12,474 (1,549)
Loss on early extinguishment of debt (5,075) 0 (6,800)
Total pretax income 656,911 331,500 325,189
Financial service      
Revenues 19,901 15,472 15,089
Selling, general and administrative expenses (5,055) (4,083) (4,333)
Operating income 14,846 11,389 10,756
Equity in income of unconsolidated joint ventures 23,589 21,154 12,230
Total pretax income $ 38,435 $ 32,543 $ 22,986