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Product Warranty
 3 Months Ended
Feb. 28, 2022
Product Warranties Disclosures [Abstract]  
Product Warranty Product Warranty
Warranty and similar reserves for homes are established at an amount estimated to be adequate to cover potential costs for materials and labor with regard to warranty-type claims expected to be incurred subsequent to the delivery of a home. Reserves are determined based on historical data and trends with respect to similar product types and geographical areas. The activity in the Company’s warranty reserve, which is included in Homebuilding other liabilities, was as follows:
Three Months Ended
February 28,
(In thousands)20222021
Warranty reserve, beginning of the period$377,021 341,765 
Warranties issued49,192 42,928 
Adjustments to pre-existing warranties from changes in estimates (1)4,724 5,641 
Payments(56,791)(42,234)
Warranty reserve, end of period$374,146 348,100 
(1)The adjustments to pre-existing warranties from changes in estimates during the three months ended February 28, 2022 and 2021 primarily related to specific claims in certain of the Company's homebuilding communities and other adjustments.