XML 62 R52.htm IDEA: XBRL DOCUMENT v3.19.1
Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Numerator:    
Net earnings attributable to Lennar $ 239,910 $ 136,215
Less: distributed earnings allocated to nonvested shares 99 115
Less: undistributed earnings allocated to nonvested shares 1,860 1,282
Numerator for basic earnings per share 237,951 134,818
Less: net amount attributable to noncontrolling interests in Rialto's Carried Interest Incentive Plan 323 210
Plus: interest on convertible senior notes 0 26
Plus: undistributed earnings allocated to convertible shares 0 1
Numerator for diluted earnings per share $ 237,628 $ 134,635
Denominator:    
Denominator for basic earnings per share-weighted average common shares outstanding (shares) 321,339 253,665
Effect of dilutive securities:    
Share-based payments (shares) 10 55
Convertible senior notes (shares) 0 728
Denominator for diluted earnings per share-weighted average common shares outstanding (shares) 321,349 254,448
Basic earnings per share (in dollars per share) $ 0.74 $ 0.53
Diluted earnings per share (in dollars per share) $ 0.74 $ 0.53
Options    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Options to purchase outstanding and anti-dilutive shares 0 0