Stockholders' Equity

9 Months Ended

Aug. 31, 2016

Equity [Abstract]

Stockholders' Equity

Stockholders' 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 nine months ended August 31, 2016 and 2015:

				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, 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)	602,621			—	—	—	—		—	598,391		4,230
Employee stock and directors plans	501			124	—	1,552	(1,175	)	—	—		—
Conversions and exchanges of convertible senior notes to Class A common stock	242,406			1,551	—	240,855	—		—	—		—
Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes	45,803			—	—	45,803	—		—	—		—
Amortization of restricted stock	34,628			—	—	34,628	—		—	—		—
Cash dividends	(26,222		)	—	—	—	—		—	(26,222	)	—
Receipts related to noncontrolling interests	266			—	—	—	—		—	—		266
Payments related to noncontrolling interests	(98,178		)	—	—	—	—		—	—		(98,178	)
Non-cash distributions to noncontrolling interests	(5,033		)	—	—	—	—		—	—		(5,033	)
Non-cash consolidations, net	12,478			—	—	—	—		—	—		12,478
Non-cash activity related to noncontrolling interests	2,480			—	—	—	—		—	—		2,480
Other comprehensive income, net of tax	1,084			—	—	—	—		1,084	—		—
Balance at August 31, 2016	$	6,762,906		19,741	3,298	2,628,398	(108,930	)	1,123	4,001,905		217,371

				Stockholders’ Equity
(In thousands)	Total Equity			Class A Common Stock	Class B Common Stock	Additional Paid - in Capital		Treasury Stock		Accumulated Other Comprehensive Income (loss)		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)	526,538			—	—	—		—		—		521,291		5,247
Employee stock and directors plans	(12,727		)	121	—	1,411		(14,259	)	—		—		—
Conversions and exchanges of convertible senior notes to Class A common stock	—			415	—	(415	)	—		—		—		—
Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes	17,419			—	—	17,419		—		—		—		—
Amortization of restricted stock	32,095			—	—	32,095		—		—		—		—
Cash dividends	(24,765		)	—	—	—		—		—		(24,765	)	—
Receipts related to noncontrolling interests	1,475			—	—	—		—		—		—		1,475
Payments related to noncontrolling interests	(105,830		)	—	—	—		—		—		—		(105,830	)
Non-cash deconsolidations, net	(13,253		)	—	—	—		—		—		—		(13,253	)
Non-cash activity related to noncontrolling interests	2,760			—	—	—		—		—		—		2,760
Other comprehensive loss, net of tax	(317		)	—	—	—		—		(317	)	—		—
Balance at August 31, 2015	$	5,674,697		17,960	3,298	2,290,084		(107,699	)	(187	)	3,156,560		314,681