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Earnings Per Share (Tables)
3 Months Ended
Feb. 28, 2015
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share
Basic and diluted earnings per share were calculated as follows:
 
Three Months Ended
 
February 28,
(In thousands, except per share amounts)
2015
 
2014
Numerator:
 
 
 
Net earnings attributable to Lennar
$
114,963

 
78,117

Less: distributed earnings allocated to nonvested shares
91

 
98

Less: undistributed earnings allocated to nonvested shares
1,184

 
842

Numerator for basic earnings per share
113,688

 
77,177

Plus: interest on 3.25% convertible senior notes due 2021
1,982

 
1,982

Plus: undistributed earnings allocated to convertible shares
1,184

 
842

Less: undistributed earnings reallocated to convertible shares
1,064

 
770

Numerator for diluted earnings per share
$
115,790

 
79,231

Denominator:
 
 
 
Denominator for basic earnings per share - weighted average common shares outstanding
202,930

 
201,955

Effect of dilutive securities:
 
 
 
Share-based payments
11

 
10

Convertible senior notes
27,375

 
25,670

Denominator for diluted earnings per share - weighted average common shares outstanding
230,316

 
227,635

Basic earnings per share
$
0.56

 
0.38

Diluted earnings per share
$
0.50

 
0.35