Accrued Expenses and Other Liabilities (Tables)

6 Months Ended

May 31, 2018

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consisted of the following (in thousands):



	May 31, 2018		November 30, 2017
Self-insurance and other litigation liabilities	$	243,838	$	222,808
Employee compensation and related benefits	125,376		143,992
Warranty liability	76,404		69,798
Accrued interest payable	69,008		65,343
Inventory-related obligations (a)	43,932		30,108
Customer deposits	21,508		16,863
Real estate and business taxes	10,497		16,874
Other	3,852		10,144
Total	$	594,415	$	575,930

(a)

Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with tax increment financing entity (“TIFE”) assessments. As homes are delivered, our obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes on applicable lots before the related TIFE obligations mature.