The following are supplemental disclosures to the consolidated statements of cash flows (in thousands): | | | | | | | | | | Six Months Ended May 31, | | 2017 | | 2016 | Summary of cash and cash equivalents at end of period: | | | | Homebuilding | $ | 348,588 |
| | $ | 274,849 |
| Financial services | 784 |
| | 1,700 |
| Total | $ | 349,372 |
| | $ | 276,549 |
| | | | | Supplemental disclosures of cash flow information: | | | | Interest paid, net of amounts capitalized | $ | 2,105 |
| | $ | 2,729 |
| Income taxes paid | 3,039 |
| | 2,635 |
| | | | |
| | | | | | | | | | Six Months Ended May 31, | | 2017 | | 2016 | Supplemental disclosures of noncash activities: | | | | Reclassification of warranty recoveries to receivables | $ | — |
| | $ | 2,151 |
| Decrease in consolidated inventories not owned | (37,371 | ) | | (32,324 | ) | Increase in inventories due to distributions of land and land development from an unconsolidated joint venture | 3,676 |
| | 4,875 |
| Inventories acquired through seller financing | 28,160 |
| | 32,436 |
|
|