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Stockholders' Equity (Tables)
3 Months Ended
Feb. 28, 2017
Equity [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 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