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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Revenues $ 1,391,777 $ 1,467,766
Equity in income (loss) of unconsolidated joint ventures 6,742 6,610
Total pretax income 139,357 174,665
Income tax expense (29,800) (36,000)
Net income $ 109,557 $ 138,665
Earnings per share:    
Basic (in dollars per share) $ 1.52 $ 1.81
Diluted (in dollars per share) $ 1.49 $ 1.76
Weighted average shares outstanding:    
Basic (in shares) 71,537 75,894
Diluted (in shares) 73,012 78,264
Homebuilding    
Revenues $ 1,387,041 $ 1,461,698
Construction and land costs (1,107,414) (1,146,528)
Selling, general and administrative expenses (152,288) (157,494)
Operating income 127,339 157,676
Other 2,079 5,857
Equity in income (loss) of unconsolidated joint ventures 2,413 (445)
Total pretax income 131,831 163,088
Financial services    
Revenues 4,736 6,068
Selling, general and administrative expenses (1,539) (1,546)
Operating income 3,197 4,522
Equity in income (loss) of unconsolidated joint ventures 4,329 7,055
Total pretax income $ 7,526 $ 11,577