XML 46 R37.htm IDEA: XBRL DOCUMENT v3.19.3
Product Warranty (Tables)
9 Months Ended
Aug. 31, 2019
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Reserve The activity in the Company’s warranty reserve was as follows:
 
Three Months Ended
 
Nine Months Ended
 
August 31,
 
August 31,
(In thousands)
2019
 
2018
 
2019
 
2018
Warranty reserve, beginning of the period
$
291,624

 
294,710

 
319,109

 
164,619

Warranties issued
49,603

 
48,878

 
131,429

 
121,422

Adjustments to pre-existing warranties from changes in estimates (1)
1,097

 
(4,785
)
 
(6,426
)
 
5,310

Warranties assumed related to acquisitions

 
(5
)
 

 
117,549

Payments
(51,808
)
 
(40,575
)
 
(153,596
)
 
(110,677
)
Warranty reserve, end of period
$
290,516

 
298,223

 
290,516

 
298,223


(1)
The adjustments to pre-existing warranties from changes in estimates are primarily related to specific claims for certain of the Company's homebuilding communities and other adjustments.