Consolidated Balance Sheets - USD ($) $ in Thousands		May 31, 2024	Nov. 30, 2023
Assets
Inventories		$ 5,335,185	$ 5,133,646
Total assets		6,805,680	6,648,362
Liabilities and stockholders’ equity
Accrued expenses and other liabilities		720,622	758,227
Notes payable		1,695,196	1,689,898
Stockholders’ equity:
Common stock — 101,891,905 and 101,275,979 shares issued at May 31, 2024 and November 30, 2023, respectively		101,892	101,276
Paid-in capital		848,635	845,693
Retained earnings		3,948,878	3,676,924
Accumulated other comprehensive loss		(3,671)	(3,671)
Grantor stock ownership trust, at cost: 6,705,247 shares at May 31, 2024 and November 30, 2023		(72,718)	(72,718)
Treasury stock, at cost: 19,982,889 and 18,703,704 at May 31, 2024 and November 30, 2023, respectively		(831,312)	(737,364)
Total stockholders’ equity		3,991,704	3,810,140
Total liabilities and stockholders’ equity		6,805,680	6,648,362
Homebuilding
Assets
Cash and cash equivalents		643,536	727,076
Receivables		371,674	366,862
Inventories		5,335,185	5,133,646
Investments in unconsolidated joint ventures		64,319	59,128
Property and equipment, net		89,228	88,309
Deferred tax assets, net		114,475	119,475
Other assets		119,453	96,987
Total assets		6,737,870	6,591,483
Liabilities and stockholders’ equity
Accounts payable		396,584	388,452
Accrued expenses and other liabilities		720,622	758,227
Notes payable		1,695,196	1,689,898
Total Homebuilding		2,812,402	2,836,577
Financial services
Assets
Cash and cash equivalents		716	266
Receivables		2,915	2,783
Investments in unconsolidated joint ventures		26,311	19,354
Other assets	[1]	37,868	34,476
Total assets		67,810	56,879
Liabilities and stockholders’ equity
Financial services		$ 1,574	$ 1,645

[1] Other assets at May 31, 2024 and November 30, 2023 included $37.8 million and $34.4 million, respectively, of contract assets for estimated future renewal commissions.