XML 39 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stockholders' Equity (Tables)
6 Months Ended
May 31, 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 six months ended May 31, 2017 and 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)
230,382

 

 

 

 

 

 
251,725

 
(21,343
)
Employee stock and directors plans
1,828

 
6

 

 
1,910

 
(88
)
 

 

 

Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes
35,542

 

 

 
35,542

 

 

 

 

Amortization of restricted stock
24,817

 

 

 
24,817

 

 

 

 

Cash dividends
(18,778
)
 

 

 

 

 

 
(18,778
)
 

Receipts related to noncontrolling interests
320

 

 

 

 

 

 

 
320

Payments related to noncontrolling interests
(47,909
)
 

 

 

 

 

 

 
(47,909
)
Non-cash activity related to noncontrolling interests
(2,158
)
 

 

 

 

 

 

 
(2,158
)
Other comprehensive income, net of tax
1,395

 

 

 

 

 
1,395

 

 

Balance at May 31, 2017
$
7,437,006

 
20,415

 
3,298

 
2,867,618

 
(109,049
)
 
1,086

 
4,539,203

 
114,435

 
 
 
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)
369,490

 

 

 

 

 

 
362,549

 
6,941

Employee stock and directors plans
472

 
4

 

 
1,445

 
(977
)
 

 

 

Conversions and exchanges of convertible senior notes to Class A common stock
67,355

 
804

 

 
66,551

 

 

 

 

Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes
33,495

 

 

 
33,495

 

 

 

 

Amortization of restricted stock
22,266

 

 

 
22,266

 

 

 

 

Cash dividends
(17,191
)
 

 

 

 

 

 
(17,191
)
 

Receipts related to noncontrolling interests
167

 

 

 

 

 

 

 
167

Payments related to noncontrolling interests
(73,195
)
 

 

 

 

 

 

 
(73,195
)
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
2,082

 

 

 

 

 

 

 
2,082

Other comprehensive income, net of tax
476

 

 

 

 

 
476

 

 

Balance at May 31, 2016
$
6,362,934

 
18,874

 
3,298

 
2,429,317

 
(108,732
)
 
515

 
3,775,094

 
244,568