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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Cost and expenses:        
Corporate general and administrative $ 105,207 $ 90,717 $ 218,868 $ 201,248
Charitable foundation contribution 16,549 14,493 29,087 26,807
Total costs and expenses 6,506,528 5,286,815 11,629,679 9,761,109
Earnings (loss) before income taxes 1,754,834 1,096,885 2,431,569 2,423,899
Provision for income taxes (432,276) (260,113) (599,696) (570,218)
Net earnings (including net earnings attributable to noncontrolling interests) 1,322,558 836,772 1,831,873 1,853,681
Less: Net earnings attributable to noncontrolling interests 1,802 5,409 7,536 20,949
Net earnings attributable to Lennar 1,320,756 831,363 1,824,337 1,832,732
Other comprehensive income (loss), net of tax:        
Net unrealized gain (loss) on securities available-for-sale 62 316 804 (626)
Reclassification adjustments for gain included in earnings, net of tax 0 0 2,285 0
Total other comprehensive income (loss), net of tax 62 316 3,089 (626)
Total comprehensive income attributable to Lennar 1,320,818 831,679 1,827,426 1,832,106
Total comprehensive income attributable to noncontrolling interests $ 1,802 $ 5,409 $ 7,536 $ 20,949
Basic earnings per share (in dollars per share) $ 4.50 $ 2.66 $ 6.17 $ 5.86
Diluted earnings per share (in dollars per share) $ 4.49 $ 2.65 $ 6.16 $ 5.85
Operating Segments        
Revenues [Abstract]        
Revenues $ 8,358,696 $ 6,430,245 $ 14,562,212 $ 11,755,713
Corporate and Unallocated        
Cost and expenses:        
Corporate general and administrative 105,207 90,717 218,868 201,248
Charitable foundation contribution 16,549 14,493 29,087 26,807
Earnings (loss) before income taxes (121,756) (105,210) (247,955) (228,055)
Homebuilding | Operating Segments        
Revenues [Abstract]        
Revenues 7,977,982 6,028,041 13,730,187 10,971,097
Cost and expenses:        
Cost and expenses 6,105,153 4,909,516 10,747,051 9,027,802
Equity in earnings (loss) from unconsolidated entities, other income (expense), net, and other gain (loss) 4,862 (1,688) 4,576 (6,253)
Homebuilding other income (expense), net 2,720 (4,362) 2,549 8,613
Earnings (loss) before income taxes 1,880,411 1,112,475 2,990,261 1,945,655
Financial Services | Operating Segments        
Revenues [Abstract]        
Revenues 200,166 218,747 376,867 462,816
Cost and expenses:        
Cost and expenses 96,231 97,427 182,141 195,289
Earnings (loss) before income taxes 103,935 121,320 194,726 267,527
Multifamily | Operating Segments        
Revenues [Abstract]        
Revenues 176,021 177,473 443,380 308,916
Cost and expenses:        
Cost and expenses 175,152 168,930 438,889 299,979
Equity in earnings (loss) from unconsolidated entities, other income (expense), net, and other gain (loss) (201) 13,854 1,604 12,586
Earnings (loss) before income taxes 668 22,397 6,095 21,523
Lennar Other | Operating Segments        
Revenues [Abstract]        
Revenues 4,527 5,984 11,778 12,884
Cost and expenses:        
Cost and expenses 8,236 5,732 13,643 9,984
Equity in earnings (loss) from unconsolidated entities, other income (expense), net, and other gain (loss) (26,750) 218,276 (36,558) 217,229
Lennar Other unrealized gains (losses) from technology investments (77,965) (272,625) (473,135) 197,120
Earnings (loss) before income taxes $ (108,424) $ (54,097) $ (511,558) $ 417,249