XML 39 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Tables)
9 Months Ended
Aug. 31, 2018
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 nine months ended August 31, 2018 and 2017:
 
 
 
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, 2017
$
7,986,132

 
20,543

 
3,769

 
3,142,013

 
(136,020
)
 
1,034

 
4,840,978

 
113,815

Net earnings (including net earnings attributable to noncontrolling interests)
919,286

 

 

 

 

 

 
899,683

 
19,603

Employee stock and directors plans
(45,148
)
 
182

 

 
4,171

 
(49,501
)
 

 

 

Stock issuance in connection with CalAtlantic acquisition
5,070,006

 
8,408

 
168

 
5,061,430

 

 

 

 

Conversions of convertible senior notes to Class A common stock
217,154

 
365

 
7

 
216,782

 

 

 

 

Amortization of restricted stock
55,638

 

 

 
55,638

 

 

 

 

Cash dividends
(35,985
)
 

 

 

 

 

 
(35,985
)
 

Receipts related to noncontrolling interests
4,008

 

 

 

 

 

 

 
4,008

Payments related to noncontrolling interests
(68,627
)
 

 

 

 

 

 

 
(68,627
)
Non-cash activity related to noncontrolling interests
15,365

 

 

 

 

 

 

 
15,365

Total other comprehensive loss, net of tax
(1,649
)
 

 

 

 

 
(1,649
)
 

 

Balance at August 31, 2018
$
14,116,180

 
29,498

 
3,944

 
8,480,034

 
(185,521
)
 
(615
)
 
5,704,676

 
84,164

 
 
 
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)
473,972

 

 

 

 

 

 
500,890

 
(26,918
)
Employee stock and directors plans
(24,896
)
 
134

 

 
2,079

 
(27,109
)
 

 

 

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

 

 

 
35,542

 

 

 

 

Amortization of restricted stock
43,303

 

 

 
43,303

 

 

 

 

Cash dividends
(28,181
)
 

 

 

 

 

 
(28,181
)
 

Receipts related to noncontrolling interests
10,299

 

 

 

 

 

 

 
10,299

Payments related to noncontrolling interests
(61,782
)
 

 

 

 

 

 

 
(61,782
)
Non-cash activity to noncontrolling interests
(1,924
)
 

 

 

 

 

 

 
(1,924
)
Total other comprehensive income, net of tax
1,560

 

 

 

 

 
1,560

 

 

Balance at August 31, 2017
$
7,659,460

 
20,543

 
3,298

 
2,886,273

 
(136,070
)
 
1,251

 
4,778,965

 
105,200