Consolidated Balance Sheets - USD ($) $ in Thousands		May 31, 2023	Nov. 30, 2022
Assets
Inventories		$ 5,128,841	$ 5,543,176
Total assets		6,483,017	6,651,930
Liabilities and stockholders’ equity
Accrued expenses and other liabilities		668,084	736,971
Notes payable		1,686,663	1,838,511
Stockholders’ equity:
Common stock — 101,019,249 and 100,711,153 shares issued at May 31, 2023 and November 30, 2022, respectively		101,019	100,711
Paid-in capital		830,765	836,260
Retained earnings		3,407,813	3,143,578
Accumulated other comprehensive loss		(5,575)	(5,575)
Grantor stock ownership trust, at cost: 6,705,247 shares at May 31, 2023 and November 30, 2022		(72,718)	(72,718)
Treasury stock, at cost: 13,704,091 and 10,015,507 at May 31, 2023 and November 30, 2022, respectively		(494,822)	(341,461)
Total stockholders’ equity		3,766,482	3,660,795
Total liabilities and stockholders’ equity		6,483,017	6,651,930
Homebuilding
Assets
Cash and cash equivalents		557,037	328,517
Receivables		341,010	322,767
Inventories		5,128,841	5,543,176
Investments in unconsolidated joint ventures		53,427	46,785
Property and equipment, net		89,804	89,234
Deferred tax assets, net		150,268	160,868
Other assets		106,598	101,051
Total assets		6,426,985	6,592,398
Liabilities and stockholders’ equity
Accounts payable		360,585	412,525
Accrued expenses and other liabilities		668,084	736,971
Notes payable		1,686,663	1,838,511
Total Homebuilding		2,715,332	2,988,007
Financial services
Assets
Cash and cash equivalents		420	1,681
Receivables		3,692	3,475
Investments in unconsolidated joint ventures		21,664	26,678
Other assets	[1]	30,256	27,698
Total assets		56,032	59,532
Liabilities and stockholders’ equity
Financial services		$ 1,203	$ 3,128

[1] Other assets at May 31, 2023 and November 30, 2022 included $30.2 million and $27.6 million, respectively, of contract assets for estimated future renewal commissions.