Stockholders' Equity

3 Months Ended

Feb. 28, 2017

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 three months ended February 28, 2017 and February 29, 2016:

				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, 2016	$	7,211,567		20,409	3,298	2,805,349	(108,961	)	(309	)	4,306,256		185,525
Net earnings (including net loss attributable to noncontrolling interests)	29,674			—	—	—	—		—		38,080		(8,406	)
Employee stock and directors plans	72			2	—	157	(87	)	—		—		—
Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes	35,515			—	—	35,515	—		—		—		—
Amortization of restricted stock	12,505			—	—	12,505	—		—		—		—
Cash dividends	(9,400		)	—	—	—	—		—		(9,400	)	—
Receipts related to noncontrolling interests	153			—	—	—	—		—		—		153
Payments related to noncontrolling interests	(25,871		)	—	—	—	—		—		—		(25,871	)
Non-cash activity related to noncontrolling interests	588			—	—	2,267	—		—		—		(1,679	)
Other comprehensive income, net of tax	972			—	—	—	—		972		—		—
Balance at February 28, 2017	$	7,255,775		20,411	3,298	2,855,793	(109,048	)	663		4,334,936		149,722

				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, 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 conversions 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