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Stockholders' Equity (Tables)
3 Months Ended
Feb. 29, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Changes in Equity
The following table reflects the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for both the three months ended February 29, 2016 and February 28, 2015:
 
 
 
Stockholders’ Equity
 
 
(In thousands)
Total
Equity
 
Class A
Common Stock
 
Class B
Common Stock
 
Additional
Paid - in Capital
 
Treasury
Stock
 
Accumulated Comprehensive Other Income (Loss)
 
Retained
Earnings
 
Noncontrolling
Interests
Balance at November 30, 2015
$
5,950,072

 
18,066

 
3,298

 
2,305,560

 
(107,755
)
 
39

 
3,429,736

 
301,128

Net earnings (including net earnings attributable to noncontrolling interests)
145,452

 

 

 

 

 

 
144,080

 
1,372

Employee stock and directors plans
(194
)
 

 

 
29

 
(223
)
 

 

 

Conversions and exchanges of convertible senior notes to Class A common stock

 
360

 

 
(360
)
 

 

 

 

Tax benefit from employee stock plans, vesting of restricted stock and conversion of convertible senior notes
25,131

 

 

 
25,131

 

 

 

 

Amortization of restricted stock
11,142

 

 

 
11,142

 

 

 

 

Cash dividends
(8,552
)
 

 

 

 

 

 
(8,552
)
 

Receipts related to noncontrolling interests
65

 

 

 

 

 

 

 
65

Payments related to noncontrolling interests
(42,015
)
 

 

 

 

 

 

 
(42,015
)
Non-cash consolidations, net
12,478

 

 

 

 

 

 

 
12,478

Non-cash activity related to noncontrolling interests
307

 

 

 

 

 

 

 
307

Other comprehensive loss, net of tax
(437
)
 

 

 

 

 
(437
)
 

 

Balance at February 29, 2016
$
6,093,449

 
18,426

 
3,298

 
2,341,502

 
(107,978
)
 
(398
)
 
3,565,264

 
273,335

 
 
 
Stockholders’ Equity
 
 
(In thousands)
Total
Equity
 
Class A
Common Stock
 
Class B
Common Stock
 
Additional
Paid - in Capital
 
Treasury
Stock
 
Accumulated Other Comprehensive Income
 
Retained
Earnings
 
Noncontrolling
Interests
Balance at November 30, 2014
$
5,251,302

 
17,424

 
3,298

 
2,239,574

 
(93,440
)
 
130

 
2,660,034

 
424,282

Net earnings (including net earnings attributable to noncontrolling interests)
116,917

 

 

 

 

 

 
114,963

 
1,954

Employee stock and directors plans
8,074

 
1

 

 
47

 
8,026

 

 

 

Tax benefit from employee stock plans and vesting of restricted stock
35

 

 

 
35

 

 

 

 

Amortization of restricted stock and performance-based stock options
10,250

 

 

 
10,250

 

 

 

 

Cash dividends
(8,208
)
 

 

 

 

 

 
(8,208
)
 

Receipts related to noncontrolling interests
1,302

 

 

 

 

 

 

 
1,302

Payments related to noncontrolling interests
(57,629
)
 

 

 

 

 

 

 
(57,629
)
Non-cash deconsolidations, net
(13,253
)
 

 

 

 

 

 

 
(13,253
)
Other comprehensive income, net of tax
200

 

 

 

 

 
200

 

 

Balance at February 28, 2015
$
5,308,990

 
17,425

 
3,298

 
2,249,906

 
(85,414
)
 
330

 
2,766,789

 
356,656