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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Revenues:        
Revenues $ 3,261,892 $ 2,745,815 $ 5,599,320 $ 4,739,479
Cost and expenses:        
Corporate general and administrative 66,774 55,802 127,473 103,470
Total costs and expenses 2,928,667 2,423,362 5,077,868 4,238,187
Equity in earnings (loss) from unconsolidated entities     5,986 35,422
Earnings before income taxes 309,600 327,839 359,243 529,532
Provision for income taxes (108,892) (103,801) (128,861) (160,042)
Net earnings (including net earnings (loss) attributable to noncontrolling interests) 200,708 224,038 230,382 369,490
Less: Net earnings (loss) attributable to noncontrolling interests (12,937) 5,569 (21,343) 6,941
Net earnings attributable to Lennar 213,645 218,469 251,725 362,549
Other comprehensive income, net of tax:        
Net unrealized gains on securities available-for-sale 419 919 1,391 482
Reclassification adjustments for (gains) loss included in earnings, net of tax 4 (6) 4 (6)
Other comprehensive income attributable to Lennar 214,068 219,382 253,120 363,025
Other comprehensive income (loss) attributable to noncontrolling interests $ (12,937) $ 5,569 $ (21,343) $ 6,941
Basic earnings per share (in dollars per share) $ 0.91 $ 1.01 $ 1.07 $ 1.69
Diluted earnings per share (in dollars per share) 0.91 0.95 1.07 1.58
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
Lennar Homebuilding        
Revenues:        
Revenues $ 2,885,741 $ 2,450,885 $ 4,904,435 $ 4,237,366
Cost and expenses:        
Cost and expenses 2,535,483 2,112,288 4,337,044 3,680,493
Equity in earnings (loss) from unconsolidated entities (21,506) (9,633) (33,040) (6,633)
Other income (expense), net 3,828 13,732 9,567 13,094
Lennar Homebuilding loss due to litigation 0 0 (140,000) 0
Lennar Financial Services        
Revenues:        
Revenues 208,363 175,940 356,406 299,896
Cost and expenses:        
Cost and expenses 164,636 131,852 292,015 240,877
Rialto        
Revenues:        
Revenues 67,988 44,838 149,994 88,549
Cost and expenses:        
Cost and expenses 59,076 50,203 125,989 93,110
Equity in earnings (loss) from unconsolidated entities 5,730 6,864 6,452 8,361
Other income (expense), net (21,104) (19,585) (37,762) (20,276)
Lennar Multifamily        
Revenues:        
Revenues 99,800 74,152 188,485 113,668
Cost and expenses:        
Cost and expenses 102,698 73,217 195,347 120,237
Equity in earnings (loss) from unconsolidated entities $ 9,427 $ 14,008 $ 32,574 $ 33,694