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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Revenues:        
Revenues $ 2,745,815 $ 2,392,604 $ 4,739,479 $ 4,036,743
Cost and expenses:        
Corporate general and administrative 55,802 50,207 103,470 93,861
Total costs and expenses 2,423,362 2,121,287 4,238,187 3,622,158
Equity in earnings (loss) from unconsolidated entities     35,422 44,785
Other interest expense (1,193) (3,818) (2,350) (7,889)
Earnings before income taxes 327,839 279,810 529,532 456,453
Provision for income taxes (103,801) (95,226) (160,042) (154,952)
Net earnings (including net earnings attributable to noncontrolling interests) 224,038 184,584 369,490 301,501
Less: Net earnings attributable to noncontrolling interests 5,569 1,568 6,941 3,522
Net earnings attributable to Lennar 218,469 183,016 362,549 297,979
Other comprehensive income, net of tax:        
Net unrealized gain (loss) on securities available-for-sale 919 (94) 482 106
Reclassification adjustments for gains included in earnings, net of tax (6) (23) (6) (23)
Other comprehensive income attributable to Lennar 219,382 182,899 363,025 298,062
Other comprehensive income attributable to noncontrolling interests $ 5,569 $ 1,568 $ 6,941 $ 3,522
Basic earnings per share (in dollars per share) $ 1.01 $ 0.89 $ 1.69 $ 1.45
Diluted earnings per share (in dollars per share) 0.95 0.79 1.58 1.30
Class A Common Stock        
Other comprehensive income, net of tax:        
Cash dividends per each common share (in dollars per share) 0.04 0.04 0.08 0.08
Class B Common Stock        
Other comprehensive income, net of tax:        
Cash dividends per each common share (in dollars per share) $ 0.04 $ 0.04 $ 0.08 $ 0.08
Lennar Homebuilding        
Revenues:        
Revenues $ 2,450,885 $ 2,115,812 $ 4,237,366 $ 3,557,470
Cost and expenses:        
Cost and expenses 2,112,288 1,825,482 3,680,493 3,090,657
Equity in earnings (loss) from unconsolidated entities (9,633) 6,494 (6,633) 35,393
Other income (expense), net 14,925 (217) 15,444 6,116
Lennar Financial Services        
Revenues:        
Revenues 175,940 169,885 299,896 294,712
Cost and expenses:        
Cost and expenses 131,852 130,832 240,877 240,132
Rialto        
Revenues:        
Revenues 44,838 67,931 88,549 109,128
Cost and expenses:        
Cost and expenses 50,203 67,506 93,110 108,287
Equity in earnings (loss) from unconsolidated entities 6,864 7,328 8,361 9,992
Other income (expense), net (19,585) (872) (20,276) (1,144)
Less: Net earnings attributable to noncontrolling interests (4,300) (700) (4,600) (2,500)
Lennar Multifamily        
Revenues:        
Revenues 74,152 38,976 113,668 75,433
Cost and expenses:        
Cost and expenses 73,217 47,260 120,237 89,221
Equity in earnings (loss) from unconsolidated entities $ 14,008 $ (422) $ 33,694 $ (600)