Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Feb. 28, 2019

Schedule of Accrued Expenses and Other Liabilities

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



	February 28, 2019		November 30, 2018
Self-insurance and other litigation liabilities	$	297,361	$	283,651
Employee compensation and related benefits	101,444		148,549
Warranty liability	84,191		82,490
Accrued interest payable	46,498		31,180
Inventory-related obligations (a)	23,319		40,892
Customer deposits	20,122		19,491
Real estate and business taxes	9,529		16,639
Other	48,917		43,376
Total	$	631,381	$	666,268

(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.