Accrued Expenses and Other Liabilities

9 Months Ended

Aug. 31, 2018

Payables and Accruals [Abstract]

Accrued Expenses and Other Liabilities

Accrued Expenses and Other Liabilities

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

	August 31, 2018		November 30, 2017
Self-insurance and other litigation liabilities	$	250,148	$	222,808
Employee compensation and related benefits	145,389		143,992
Warranty liability	79,971		69,798
Accrued interest payable	74,744		65,343
Inventory-related obligations (a)	43,788		30,108
Customer deposits	23,095		16,863
Real estate and business taxes	13,114		16,874
Other	4,217		10,144
Total	$	634,466	$	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.