XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Total revenues $ 1,720,062 $ 1,440,892 $ 3,118,851 $ 2,582,630
Equity in income of unconsolidated joint ventures     19,668 13,191
Income (Loss) from Continuing Operations before Income Taxes, Domestic 282,870 173,664 460,927 297,215
Income tax expense (72,200) (30,300) (116,000) (56,800)
Net income $ 210,670 $ 143,364 $ 344,927 $ 240,415
Earnings per share:        
Basic (in dollars per share) $ 2.39 $ 1.55 $ 3.90 $ 2.60
Diluted (in dollars per share) $ 2.32 $ 1.50 $ 3.79 $ 2.52
Weighted average shares outstanding:        
Basic (in shares) 87,858 92,087 88,069 91,904
Diluted (in shares) 90,316 95,379 90,690 95,143
Home Building [Member]        
Total revenues $ 1,714,826 $ 1,436,035 $ 3,108,980 $ 2,574,043
Costs of goods and services sold (1,281,752) (1,128,018) (2,363,864) (2,029,927)
Selling, general and administrative expenses (168,614) (145,115) (311,094) (267,120)
Operating income 264,460 162,902 434,022 276,996
Interest income 39 241 75 894
Equity in income of unconsolidated joint ventures (310) (127) (287) 177
Income (Loss) from Continuing Operations before Income Taxes, Domestic 264,189 163,016 433,810 278,067
Financial Service [Member]        
Total revenues 5,236 4,857 9,871 8,587
Selling, general and administrative expenses (1,362) (1,253) (2,709) (2,453)
Operating income 3,874 3,604 7,162 6,134
Equity in income of unconsolidated joint ventures 14,807 7,044 19,955 13,014
Income (Loss) from Continuing Operations before Income Taxes, Domestic $ 18,681 $ 10,648 $ 27,117 $ 19,148