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Financial Services
6 Months Ended
May 31, 2024
Segment Reporting [Abstract]  
Financial Services Financial Services
The following tables present financial information relating to our financial services reporting segment (in thousands):
 Three Months Ended May 31,Six Months Ended May 31,
 2024202320242023
Revenues
Insurance commissions$5,402 $4,010 $8,994 $7,384 
Title services2,899 3,460 5,375 5,863 
Total8,301 7,470 14,369 13,247 
Expenses
General and administrative(1,473)(1,472)(3,019)(2,830)
Operating income6,828 5,998 11,350 10,417 
Equity in income of unconsolidated joint venture
6,435 5,426 13,490 7,008 
Pretax income$13,263 $11,424 $24,840 $17,425 
May 31,
2024
November 30,
2023
Assets
Cash and cash equivalents$716 $266 
Receivables 2,915 2,783 
Investment in unconsolidated joint venture
26,311 19,354 
Other assets (a)37,868 34,476 
Total assets$67,810 $56,879 
May 31,
2024
November 30,
2023
Liabilities
Accounts payable and accrued expenses$1,574 $1,645 
Total liabilities$1,574 $1,645 
(a)Other assets at May 31, 2024 and November 30, 2023 included $37.8 million and $34.4 million, respectively, of contract assets for estimated future renewal commissions.