Segment Information (Tables)

9 Months Ended

Aug. 31, 2012

Segment Reporting [Abstract]

Financial Information Relating to Company Reporting Segments

The following tables present financial information relating to the Company’s reporting segments (in thousands):

	Nine Months Ended August 31,						Three Months Ended August 31,
	2012			2011			2012			2011
Revenues:
West Coast	$	445,123		$	354,348		$	207,239		$	175,434
Southwest	95,127			91,411			35,634			39,479
Central	285,129			247,492			117,099			102,702
Southeast	148,676			136,565			61,583			46,917
Total homebuilding revenues	974,055			829,816			421,555			364,532
Financial services	7,859			6,178			2,949			2,784
Total	$	981,914		$	835,994		$	424,504		$	367,316
Pretax income (loss):
West Coast	$	(29,019	)	$	9,927		$	4,435		$	3,336
Southwest	(10,616		)	(113,620		)	(3,434		)	3,201
Central	(3,152		)	(12,389		)	986			(2,187		)
Southeast	5,494			(30,177		)	5,174			(7,156		)
Corporate and other (a)	(52,014		)	(49,641		)	(18,959		)	(7,910		)
Total homebuilding pretax loss	(89,307		)	(195,900		)	(11,798		)	(10,716		)
Financial services	7,830			3,321			4,359			1,067
Total	$	(81,477	)	$	(192,579	)	$	(7,439	)	$	(9,649	)
Equity in income (loss) of unconsolidated joint ventures:
West Coast	$	(129	)	$	50		$	(52	)	$	67
Southwest	(458		)	(55,902		)	(241		)	—
Central	—			—			—			—
Southeast	550			(13		)	571			(3		)
Total	$	(37	)	$	(55,865	)	$	278		$	64
Inventory impairments:
West Coast	$	14,040		$	1,679		$	933		$	328
Southwest	2,135			18,715			—			—
Central	1,267			51			—			—
Southeast	5,470			969			5,470			—
Total	$	22,912		$	21,414		$	6,403		$	328

(a)Corporate and other includes corporate general and administrative expenses.

	Nine Months Ended August 31,				Three Months Ended August 31,
	2012		2011		2012		2011
Land option contract abandonments:
West Coast	$	—	$	112	$	—	$	—
Southwest	—		296		—		—
Central	—		1,074		—		834
Southeast	—		611		—		—
Total	$	—	$	2,093	$	—	$	834
Joint venture impairments:
West Coast	$	—	$	—	$	—	$	—
Southwest	—		53,727		—		—
Central	—		—		—		—
Southeast	—		—		—		—
Total	$	—	$	53,727	$	—	$	—

	August 31, 2012		November 30, 2011
Assets:
West Coast	$	1,016,181	$	995,888
Southwest	307,363		338,586
Central	351,804		336,553
Southeast	336,515		317,308
Corporate and other	531,821		492,034
Total homebuilding assets	2,543,684		2,480,369
Financial services	5,780		32,173
Total assets	$	2,549,464	$	2,512,542
Investments in unconsolidated joint ventures:
West Coast	$	38,418	$	38,405
Southwest	74,458		80,194
Central	—		—
Southeast	9,279		9,327
Total	$	122,155	$	127,926