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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2019
Aug. 31, 2018
Total revenues $ 1,160,786 $ 1,225,347 $ 2,994,072 $ 3,198,393
Equity in income of unconsolidated joint ventures     5,859 6,691
Total pretax income 91,936 114,676 183,208 239,029
Income tax expense (23,800) (27,200) (37,600) (165,500)
Net income $ 68,136 $ 87,476 $ 145,608 $ 73,529
Earnings per share:        
Basic (in dollars per share) $ 0.77 $ 0.99 $ 1.65 $ 0.83
Diluted (in dollars per share) $ 0.73 $ 0.87 $ 1.55 $ 0.75
Weighted average shares outstanding:        
Basic (in shares) 88,262 87,951 87,630 87,565
Diluted (in shares) 92,842 101,072 94,032 101,213
Cash dividends declared per common share (in dollars per share) $ 0.09 $ 0.025 $ 0.14 $ 0.075
Home Building [Member]        
Total revenues $ 1,156,855 $ 1,221,875 $ 2,984,314 $ 3,189,753
Costs of goods and services sold (943,754) (1,001,509) (2,458,353) (2,642,231)
Selling, general and administrative expenses (127,626) (114,753) (357,048) (323,708)
Operating income 85,475 105,613 168,913 223,814
Interest income 201 458 1,745 2,739
Equity in income of unconsolidated joint ventures (384) 3,493 (1,159) 2,326
Total pretax income 85,292 109,564 169,499 228,879
Financial Service [Member]        
Total revenues 3,931 3,472 9,758 8,640
Selling, general and administrative expenses (1,003) (945) (3,067) (2,855)
Operating income 2,928 2,527 6,691 5,785
Equity in income of unconsolidated joint ventures 3,716 2,585 7,018 4,365
Total pretax income $ 6,644 $ 5,112 $ 13,709 $ 10,150