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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2021
Revenues $ 6,410,629 $ 6,903,776 $ 5,724,930
Equity in loss of unconsolidated joint ventures 14,984 19,934 23,184
Loss on early extinguishment of debt 0 (3,598) (5,075)
Total pretax income 771,277 1,072,066 695,346
Income tax expense (181,100) (255,400) (130,600)
Net income $ 590,177 $ 816,666 $ 564,746
Earnings per share:      
Basic (in dollars per share) $ 7.25 $ 9.35 $ 6.22
Diluted (in dollars per share) $ 7.03 $ 9.09 $ 6.01
Weighted average shares outstanding:      
Basic (in shares) 80,842 86,861 90,401
Diluted (in shares) 83,380 89,348 93,587
Homebuilding      
Revenues $ 6,381,106 $ 6,880,362 $ 5,705,029
Construction and land costs (5,030,275) (5,213,343) (4,469,311)
Selling, general and administrative expenses (632,094) (629,645) (574,376)
Operating income 718,737 1,037,374 661,342
Interest income 13,759 704 1,049
Equity in loss of unconsolidated joint ventures (713) (865) (405)
Loss on early extinguishment of debt 0 (3,598) (5,075)
Total pretax income 731,783 1,033,615 656,911
Financial service      
Revenues 29,523 23,414 19,901
Selling, general and administrative expenses (5,726) (5,762) (5,055)
Operating income 23,797 17,652 14,846
Equity in loss of unconsolidated joint ventures 15,697 20,799 23,589
Total pretax income $ 39,494 $ 38,451 $ 38,435