XML 39 R29.htm IDEA: XBRL DOCUMENT v3.19.1
Stockholders' Equity (Tables)
 3 Months Ended
Feb. 28, 2019
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, 2019 and 2018:
 
 
 
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, 2018
$
14,682,957

 
29,499

 
3,944

 
8,496,677

 
(435,869
)
 
(366
)
 
6,487,650

 
101,422

Net earnings (including net loss attributable to noncontrolling interests)
239,424

 
—

 
—

 
—

 
—

 
—

 
239,910

 
(486
)
Employee stock and directors plans
(1,422
)
 
2

 
—

 
725

 
(2,149
)
 
—

 
—

 
—

Purchases of treasury stock
(46,998
)
 
—

 
—

 
—

 
(46,998
)
 
—

 
—

 
—

Amortization of restricted stock
16,899

 
—

 
—

 
16,899

 
—

 
—

 
—

 
—

Cash dividends
(12,860
)
 
—

 
—

 
—

 
—

 
—

 
(12,860
)
 
—

Receipts related to noncontrolling interests
8,348

 
—

 
—

 
—

 
—

 
—

 
—

 
8,348

Payments related to noncontrolling interests
(11,297
)
 
—

 
—

 
—

 
—

 
—

 
—

 
(11,297
)
Non-cash consolidations, net
8,894

 
—

 
—

 
—

 
—

 
—

 
—

 
8,894

Cumulative-effect of accounting change (see Note 1 to the Notes to the Condensed Consolidated Financial Statements)
9,542

 
—

 
—

 
—

 
—

 
—

 
9,542

 
—

Total other comprehensive loss, net of tax
208

 
—

 
—

 
—

 
—

 
208

 
—

 
—

Balance at February 28, 2019
$
14,893,695

 
29,501

 
3,944

 
8,514,301

 
(485,016
)
 
(158
)
 
6,724,242

 
106,881

 
 
 
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)
136,817

 
—

 
—

 
—

 
—

 
—

 
136,215

 
602

Employee stock and directors plans
(2,557
)
 
41

 
—

 
214

 
(2,816
)
 
—

 
4

 
—

Stock issuance in connection with CalAtlantic acquisition
5,047,464

 
8,408

 
168

 
5,061,430

 
(22,542
)
 
—

 
—

 
—

Amortization of restricted stock
17,766

 
—

 
—

 
17,766

 
—

 
—

 
—

 
—

Cash dividends
(9,617
)
 
—

 
—

 
—

 
—

 
—

 
(9,617
)
 
—

Receipts related to noncontrolling interests
3,852

 
—

 
—

 
—

 
—

 
—

 
—

 
3,852

Payments related to noncontrolling interests
(23,760
)
 
—

 
—

 
—

 
—

 
—

 
—

 
(23,760
)
Non-cash activity to noncontrolling interests
18,645

 
—

 
—

 
—

 
—

 
—

 
—

 
18,645

Total other comprehensive loss, net of tax
(658
)
 
—

 
—

 
—

 
—

 
(658
)
 
—

 
—

Balance at February 28, 2018
$
13,174,084

 
28,992

 
3,937

 
8,221,423

 
(161,378
)
 
376

 
4,967,580

 
113,154