XML 57 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity (Schedule Of Changes In Equity) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     $ 7,211,567 [1] $ 5,950,072
Net earnings (including net loss attributable to noncontrolling interests) $ 243,590 $ 233,131 473,972 602,621
Employee stock and directors plans     (24,896) 501
Conversions and exchanges of convertible senior notes to Class A common stock       242,406
Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes     35,542 45,803
Amortization of restricted stock     43,303 34,628
Cash dividends     (28,181) (26,222)
Receipts related to noncontrolling interests     10,299 266
Payments related to noncontrolling interests     (61,782) (98,178)
Non-cash distributions to noncontrolling interests       (5,033)
Non-cash consolidations, net       12,478
Non-cash activity related to noncontrolling interests     (1,924) 2,480
Other comprehensive income, net of tax     1,560 1,084
Balance, ending 7,659,460 [1] 6,762,906 7,659,460 [1] 6,762,906
Additional Paid - in Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     2,805,349 2,305,560
Employee stock and directors plans     2,079 1,552
Conversions and exchanges of convertible senior notes to Class A common stock       240,855
Tax benefit from employee stock plans, vesting of restricted stock and conversions of convertible senior notes     35,542 45,803
Amortization of restricted stock     43,303 34,628
Non-cash activity related to noncontrolling interests     0  
Balance, ending 2,886,273 2,628,398 2,886,273 2,628,398
Treasury Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     (108,961) (107,755)
Employee stock and directors plans     (27,109) (1,175)
Balance, ending (136,070) (108,930) (136,070) (108,930)
Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     (309) 39
Other comprehensive income, net of tax     1,560 1,084
Balance, ending 1,251 1,123 1,251 1,123
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     4,306,256 3,429,736
Net earnings (including net loss attributable to noncontrolling interests)     500,890 598,391
Cash dividends     (28,181) (26,222)
Balance, ending 4,778,965 4,001,905 4,778,965 4,001,905
Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     185,525 301,128
Net earnings (including net loss attributable to noncontrolling interests)     (26,918) 4,230
Receipts related to noncontrolling interests     10,299 266
Payments related to noncontrolling interests     (61,782) (98,178)
Non-cash distributions to noncontrolling interests       (5,033)
Non-cash consolidations, net       12,478
Non-cash activity related to noncontrolling interests     (1,924) 2,480
Balance, ending 105,200 217,371 105,200 217,371
Class A Common Stock | Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     20,409 18,066
Employee stock and directors plans     134 124
Conversions and exchanges of convertible senior notes to Class A common stock       1,551
Balance, ending 20,543 19,741 20,543 19,741
Class B Common Stock | Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning     3,298 3,298
Balance, ending $ 3,298 $ 3,298 $ 3,298 $ 3,298
[1] Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations, ("ASC 810") the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities ("VIEs") and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of August 31, 2017, total liabilities include $390.2 million related to consolidated VIEs as to which there was no recourse against the Company, of which $4.7 million is included in Lennar Homebuilding accounts payable, $381.7 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.1 million in Lennar Homebuilding other liabilities and $2.7 million in Rialto liabilities.As of November 30, 2016, total liabilities include $126.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.6 million is included in Lennar Homebuilding accounts payable, $110.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $2.5 million in Lennar Homebuilding other liabilities and $10.3 million in Rialto liabilities.