Financial Services |
Financial Services The following tables present financial information relating to our financial services reporting segment (in thousands): | | | | | | | | | | | | | | | | | | Six Months Ended May 31, | | Three Months Ended May 31, | | 2013 | | 2012 | | 2013 | | 2012 | Revenues | | | | | | | | Insurance commissions | $ | 2,790 |
| | $ | 2,754 |
| | $ | 1,487 |
| | $ | 1,154 |
| Title services | 1,329 |
| | 878 |
| | 680 |
| | 492 |
| Marketing services fees | 900 |
| | 1,275 |
| | 450 |
| | 600 |
| Interest income | 2 |
| | 3 |
| | 1 |
| | 1 |
| Total | 5,021 |
| | 4,910 |
| | 2,618 |
| | 2,247 |
| Expenses | | | | | | | | General and administrative | (1,471 | ) | | (1,528 | ) | | (636 | ) | | (693 | ) | Operating income | 3,550 |
| | 3,382 |
| | 1,982 |
| | 1,554 |
| Equity in income (loss) of unconsolidated joint ventures | 1,087 |
| | 89 |
| | (4 | ) | | (53 | ) | Pretax income | $ | 4,637 |
| | $ | 3,471 |
| | $ | 1,978 |
| | $ | 1,501 |
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| | | | | | | | | | May 31, 2013 | | November 30, 2012 | Assets | | | | Cash and cash equivalents | $ | 2,635 |
| | $ | 923 |
| Receivables | 964 |
| | 1,859 |
| Investments in unconsolidated joint ventures | 5,503 |
| | 1,630 |
| Other assets | 18 |
| | 43 |
| Total assets | $ | 9,120 |
| | $ | 4,455 |
| Liabilities | | | | Accounts payable and accrued expenses | $ | 2,077 |
| | $ | 3,188 |
| Total liabilities | $ | 2,077 |
| | $ | 3,188 |
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