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Product Warranty (Tables)
6 Months Ended
May 31, 2016
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Reserve The activity in the Company’s warranty reserve was as follows:
 
Three Months Ended
 
Six Months Ended
 
May 31,
 
May 31,
(In thousands)
2016
 
2015
 
2016
 
2015
Warranty reserve, beginning of period
$
124,733

 
116,271

 
130,853

 
115,927

Warranties issued
24,997

 
20,469

 
42,570

 
33,792

Adjustments to pre-existing warranties from changes in estimates (1)
(115
)
 
1,723

 
(735
)
 
5,384

Payments
(22,456
)
 
(18,853
)
 
(45,529
)
 
(35,493
)
Warranty reserve, end of period
$
127,159

 
119,610

 
127,159

 
119,610


(1)
The adjustments to pre-existing warranties from changes in estimates during both the three and six months ended May 31, 2016 and 2015 primarily related to specific claims related to certain of our homebuilding communities and other adjustments.