XML 36 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Product Warranty (Tables)
6 Months Ended
May 31, 2020
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Reserve The activity in the Company’s warranty reserve, which are included in Homebuilding other liabilities was as follows:
Three Months EndedSix Months Ended
May 31,May 31,
(In thousands)2020201920202019
Warranty reserve, beginning of the period$287,413  295,622  294,138  319,109  
Warranties issued46,272  47,855  84,543  81,826  
Adjustments to pre-existing warranties from changes in estimates (1)7,707  2,004  13,611  (7,523) 
Payments(39,930) (53,857) (90,830) (101,788) 
Warranty reserve, end of period$301,462  291,624  301,462  291,624  
(1)The adjustments to pre-existing warranties from changes in estimates during the three and six months ended May 31, 2020 and 2019 are primarily related to specific claims in certain of the Company's homebuilding communities and other adjustments.