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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Revenues $ 1,384,314 $ 1,398,789
Equity in income (loss) of unconsolidated joint ventures 825 5,171
Total pretax income 162,200 178,057
Income tax expense (36,700) (43,800)
Net income $ 125,500 $ 134,257
Earnings per share:    
Basic (in dollars per share) $ 1.49 $ 1.51
Diluted (in dollars per share) $ 1.45 $ 1.47
Weighted average shares outstanding:    
Basic (in shares) 83,468 88,285
Diluted (in shares) 85,995 91,067
Homebuilding    
Revenues $ 1,378,537 $ 1,394,154
Construction and land costs (1,082,821) (1,082,112)
Selling, general and administrative expenses (139,227) (142,480)
Operating income 156,489 169,562
Interest income 467 36
Equity in income (loss) of unconsolidated joint ventures (757) 23
Total pretax income 156,199 169,621
Financial services    
Revenues 5,777 4,635
Selling, general and administrative expenses (1,358) (1,347)
Operating income 4,419 3,288
Equity in income (loss) of unconsolidated joint ventures 1,582 5,148
Total pretax income $ 6,001 $ 8,436