Financial Services |
Financial Services The following tables present financial information relating to our financial services reporting segment (in thousands): | | | | | | | | | | | | | | | | | | Nine Months Ended August 31, | | Three Months Ended August 31, | | 2013 | | 2012 | | 2013 | | 2012 | Revenues | | | | | | | | Insurance commissions | $ | 4,677 |
| | $ | 4,594 |
| | $ | 1,887 |
| | $ | 1,840 |
| Title services | 2,165 |
| | 1,535 |
| | 836 |
| | 657 |
| Marketing services fees | 1,350 |
| | 1,725 |
| | 450 |
| | 450 |
| Interest income | 3 |
| | 5 |
| | 1 |
| | 2 |
| Total | 8,195 |
| | 7,859 |
| | 3,174 |
| | 2,949 |
| Expenses | | | | | | | | General and administrative | (2,235 | ) | | (2,237 | ) | | (764 | ) | | (709 | ) | Operating income | 5,960 |
| | 5,622 |
| | 2,410 |
| | 2,240 |
| Equity in income (loss) of unconsolidated joint ventures | 1,081 |
| | 2,208 |
| | (6 | ) | | 2,119 |
| Pretax income | $ | 7,041 |
| | $ | 7,830 |
| | $ | 2,404 |
| | $ | 4,359 |
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| | | | | | | | | | August 31, 2013 | | November 30, 2012 | Assets | | | | Cash and cash equivalents | $ | 3,151 |
| | $ | 923 |
| Receivables | 1,336 |
| | 1,859 |
| Investments in unconsolidated joint ventures | 5,496 |
| | 1,630 |
| Other assets | 52 |
| | 43 |
| Total assets | $ | 10,035 |
| | $ | 4,455 |
| Liabilities | | | | Accounts payable and accrued expenses | $ | 2,865 |
| | $ | 3,188 |
| Total liabilities | $ | 2,865 |
| | $ | 3,188 |
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