Consolidated Balance Sheets - USD ($) $ in Thousands		Feb. 28, 2025	Nov. 30, 2024
Assets
Inventories		$ 5,942,547	$ 5,528,020
Total assets		6,979,260	6,936,169
Liabilities and stockholders’ equity
Accrued expenses and other liabilities		727,950	796,261
Notes payable		1,792,307	1,691,679
Stockholders’ equity:
Common stock — 74,437,477 and 74,409,977 shares issued at February 28, 2025 and November 30, 2024, respectively		74,437	74,410
Paid-in capital		834,306	862,049
Retained earnings		3,359,669	3,269,423
Accumulated other comprehensive loss		(3,704)	(3,704)
Treasury stock, at cost: 2,703,963 and 2,253,156 at February 28, 2025 and November 30, 2024, respectively		(172,030)	(141,562)
Total stockholders’ equity		4,092,678	4,060,616
Total liabilities and stockholders’ equity		6,979,260	6,936,169
Homebuilding
Assets
Cash and cash equivalents		267,833	597,973
Receivables		347,774	377,533
Inventories		5,942,547	5,528,020
Investments in unconsolidated joint ventures		61,269	67,020
Property and equipment, net		92,764	90,359
Deferred tax assets, net		102,421	102,421
Other assets		102,512	105,920
Total assets		6,917,120	6,869,246
Liabilities and stockholders’ equity
Accounts payable		364,039	384,894
Accrued expenses and other liabilities		727,950	796,261
Notes payable		1,792,307	1,691,679
Total Homebuilding		2,884,296	2,872,834
Financial services
Assets
Cash and cash equivalents		1,625	1,220
Receivables		3,605	5,407
Investments in unconsolidated joint ventures		18,326	21,997
Other assets	[1]	38,584	38,299
Total assets		62,140	66,923
Liabilities and stockholders’ equity
Financial services		$ 2,286	$ 2,719

[1] Other assets at February 28, 2025 and November 30, 2024 included $38.5 million and $38.2 million, respectively, of contract assets for estimated future renewal commissions.