| Schedule of Financial Services Income (Loss) |
The following tables present financial information relating to our financial services reporting segment (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended August 31, | | Nine Months Ended August 31, | | 2026 | | 2025 | | 2026 | | 2025 | | Revenues | | | | | | | | | Insurance commissions | $ | 2,914 | | | $ | 3,331 | | | $ | 9,599 | | | $ | 8,268 | | | Title services | 1,837 | | | 2,681 | | | 5,432 | | | 7,349 | | | | | | | | | | | Total | 4,751 | | | 6,012 | | | 15,031 | | | 15,617 | | | | | | | | | | | Expenses | | | | | | | | | General and administrative | (1,464) | | | (1,580) | | | (4,507) | | | (4,689) | | | Operating income | 3,287 | | | 4,432 | | | 10,524 | | | 10,928 | | Equity in income of unconsolidated joint venture | 4,094 | | | 4,254 | | | 9,057 | | | 13,445 | | | Pretax income | $ | 7,381 | | | $ | 8,686 | | | $ | 19,581 | | | $ | 24,373 | |
|
| Schedule of Financial Services Assets and Liabilities |
| | | | | | | | | | | | | August 31,
2026 | | November 30,
2025 | | Assets | | | | | Cash and cash equivalents | $ | 1,040 | | | $ | 1,829 | | | Receivables | 2,476 | | | 5,569 | | Investment in unconsolidated joint venture | 14,738 | | | 13,231 | | | Other assets (a) | 40,168 | | | 39,180 | | | Total assets | $ | 58,422 | | | $ | 59,809 | | | | | | | Liabilities | | | | | Accounts payable and accrued expenses | $ | 2,024 | | | $ | 3,210 | | | Total liabilities | $ | 2,024 | | | $ | 3,210 | |
(a)Other assets at August 31, 2026 and November 30, 2025 included $40.1 million and $39.1 million, respectively, of contract assets for estimated future renewal commissions.
|