Financial Services (Tables)

12 Months Ended

Nov. 30, 2024

Segment Reporting Information [Line Items]

Schedule of Financial Services Income (Loss)

The following tables present financial information relating to our financial services reporting segment (in thousands):

	Years Ended November 30,
	2024	2023	2022
Revenues
Insurance commissions	$16,403	$17,804	$12,823
Title services	11,444	11,719	10,572
Other	—	—	19
Total	27,847	29,523	23,414
Expenses
General and administrative	(6,133)	(5,726)	(5,762)
Operating income	21,714	23,797	17,652
Equity in income of unconsolidated joint ventures	27,176	15,697	20,799
Pretax income	$48,890	$39,494	$38,451

Financial service

Segment Reporting Information [Line Items]

Schedule of Financial Services Assets and Liabilities

	November 30,
	2024	2023
Assets
Cash and cash equivalents	$1,220	$266
Receivables	5,407	2,783
Investments in unconsolidated joint ventures	21,997	19,354
Other assets (a)	38,299	34,476
Total assets	$66,923	$56,879
Liabilities
Accounts payable and accrued expenses	$2,719	$1,645
Total liabilities	$2,719	$1,645

(a)Other assets at November 30, 2024 and 2023 included $38.2 million and $34.4 million, respectively, of contract assets for

estimated future renewal commissions.