XML 34 R24.htm IDEA: XBRL DOCUMENT v3.23.1
Product Warranty (Tables)
3 Months Ended
Feb. 28, 2023
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Reserve 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)20232022
Warranty reserve, beginning of the period$418,017 377,021 
Warranties issued53,679 49,192 
Adjustments to pre-existing warranties from changes in estimates (1)(4,058)4,724 
Payments(64,304)(56,791)
Warranty reserve, end of period$403,334 374,146 
(1)The adjustments to pre-existing warranties from changes in estimates during the three months ended February 28, 2023 and 2022 primarily related to specific claims in certain of the Company's homebuilding communities and other adjustments.