Financial Services (Tables)

3 Months Ended

Feb. 28, 2023

Segment Reporting Information [Line Items]

Schedule of Financial Services Income (Loss)

The following tables present financial information relating to our financial services reporting segment (in thousands):

	Three Months Ended February 28,
	2023		2022
Revenues
Insurance commissions	$	3,374	$	2,518
Title services	2,403		2,101
Other	—		16
Total	5,777		4,635
Expenses
General and administrative	(1,358)		(1,347)
Operating income	4,419		3,288
Equity in income of unconsolidated joint venture	1,582		5,148
Pretax income	$	6,001	$	8,436

Financial services

Segment Reporting Information [Line Items]

Schedule of Financial Services Assets and Liabilities

	February 28, 2023		November 30, 2022
Assets
Cash and cash equivalents	$	700	$	1,681
Receivables	2,978		3,475
Investments in unconsolidated joint venture	28,249		26,678
Other assets (a)	29,010		27,698
Total assets	$	60,937	$	59,532
Liabilities
Accounts payable and accrued expenses	$	1,377	$	3,128
Total liabilities	$	1,377	$	3,128

(a)Other assets at February 28, 2023 and November 30, 2022 included $28.9 million and $27.6 million, respectively, of contract assets for estimated future renewal commissions.