XML 69 R58.htm IDEA: XBRL DOCUMENT v3.23.3
Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands
Aug. 31, 2023
May 31, 2023
Nov. 30, 2022
Aug. 31, 2022
May 31, 2022
Nov. 30, 2021
Lessee, Lease, Description [Line Items]            
Self-insurance and other legal liabilities $ 214,281   $ 234,128      
Employee compensation and related benefits 151,861   182,443      
Warranty liability 95,715 $ 99,142 101,890 $ 99,500 $ 99,207 $ 96,153
Customer deposits 65,931   76,738      
Lease liabilities [1] 24,985   27,580      
Inventory-related obligations [2] 24,391   19,136      
Accrued interest payable 17,623   29,989      
Real estate and business taxes 17,144   17,557      
Federal and state taxes payable 15,774   3,671      
Other 37,802   43,925      
Total 665,499   736,971      
Homebuilding            
Lessee, Lease, Description [Line Items]            
Lease liabilities 24,977   27,494      
Total $ 665,499   $ 736,971      
[1] Consists of amounts within both our homebuilding and financial services operations. The financial services amounts were nominal as of each date.
[2] Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with tax increment financing entity (“TIFE”) assessments. As homes are delivered, our obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes on applicable lots before the related TIFE obligations mature.