v3.26.3
Segment Information (Segment Financial Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Aug. 31, 2026
Aug. 31, 2025
Nov. 30, 2025
Revenues:          
Revenues $ 1,297,101 $ 1,620,474 $ 3,486,547 $ 4,541,836  
Inventory-related charges     (10,720) (18,351)  
Total pretax income 81,180 143,228 158,753 424,968  
Relocation cost 1,900        
Gain on sale of investment     3,528 0  
Equity in income (loss) of unconsolidated joint ventures     12,995 18,447  
Inventories 5,981,182   5,981,182   $ 5,670,802
Assets 6,969,152   6,969,152   6,680,252
Relocation of Corporate Headquarters          
Revenues:          
Relocation cost 1,900   3,400    
Housing          
Revenues:          
Revenues 1,292,350 1,613,975 3,470,076 4,525,732  
Construction and land costs (1,075,604) (1,309,273) (2,913,012) (3,639,729)  
Gross profits $ 213,760 $ 293,364 $ 546,344 $ 867,652  
Housing gross profit margin as a percentage of housing revenues 16.50% 18.20% 15.70% 19.20%  
Land          
Revenues:          
Revenues $ 0 $ 487 $ 1,440 $ 487  
Construction and land costs 0 (536) (1,296) (536)  
Gross profits 0 (49) 144 (49)  
Homebuilding          
Revenues:          
Revenues 1,292,350 1,614,462 3,471,516 4,526,219  
Construction and land costs (1,078,590) (1,321,147) (2,925,028) (3,658,616)  
Inventory-related charges (2,986) (11,338) (10,720) (18,351)  
Gross profits 213,760 293,315 546,488 867,603  
Marketing expenses (39,722) (39,894) (117,498) (122,159)  
Commission expenses (44,358) (56,062) (124,099) (155,742)  
General and administrative expenses (62,546) (66,196) (176,620) (199,737)  
Operating income 67,134 131,163 128,271 389,965  
Other 6,665 3,379 10,901 10,630  
Total pretax income 73,799 134,542 139,172 400,595  
Equity in income (loss) of unconsolidated joint ventures 2,147 1,509 3,938 5,002  
Inventories 5,981,182   5,981,182   5,670,802
Investment in unconsolidated joint venture 74,763   74,763   72,436
Assets 6,910,730   6,910,730   6,620,443
West Coast | Housing          
Revenues:          
Revenues 620,017 664,880 1,579,864 1,926,722  
Construction and land costs (515,589) (548,199) (1,334,336) (1,576,651)  
Gross profits $ 103,697 $ 115,548 $ 239,817 $ 347,098  
Housing gross profit margin as a percentage of housing revenues 16.70% 17.40% 15.20% 18.00%  
West Coast | Land          
Revenues:          
Revenues $ 0 $ 0 $ 855 $ 0  
Construction and land costs 0 0 (780) 0  
Gross profits 0 0 75 0  
West Coast | Homebuilding          
Revenues:          
Revenues 620,017 664,880 1,580,719 1,926,722  
Construction and land costs (516,320) (549,332) (1,340,827) (1,579,624)  
Inventory-related charges (731) (1,133) (5,711) (2,973)  
Gross profits 103,697 115,548 239,892 347,098  
Marketing expenses (17,378) (15,052) (49,881) (44,693)  
Commission expenses (19,965) (20,108) (52,431) (55,731)  
General and administrative expenses (13,380) (10,739) (32,714) (34,939)  
Operating income 52,974 69,649 104,866 211,735  
Other 2,238 1,631 4,198 5,190  
Total pretax income 55,212 71,280 109,064 216,925  
Equity in income (loss) of unconsolidated joint ventures 2,238 1,617 4,197 5,175  
Inventories 3,214,169   3,214,169   3,048,056
Investment in unconsolidated joint venture 70,308   70,308   68,708
Assets 3,551,068   3,551,068   3,300,212
Southwest | Housing          
Revenues:          
Revenues 222,080 335,505 568,937 962,486  
Construction and land costs (178,287) (254,004) (452,799) (721,997)  
Gross profits $ 43,793 $ 80,990 $ 115,730 $ 238,847  
Housing gross profit margin as a percentage of housing revenues 19.70% 24.10% 20.30% 24.80%  
Southwest | Land          
Revenues:          
Revenues $ 0 $ 0 $ 0 $ 0  
Construction and land costs 0 0 0 0  
Gross profits 0 0 0 0  
Southwest | Homebuilding          
Revenues:          
Revenues 222,080 335,505 568,937 962,486  
Construction and land costs (178,287) (254,515) (453,207) (723,639)  
Inventory-related charges 0 (511) (408) (1,642)  
Gross profits 43,793 80,990 115,730 238,847  
Marketing expenses (5,464) (6,011) (16,060) (17,787)  
Commission expenses (7,161) (10,703) (18,696) (30,781)  
General and administrative expenses (5,219) (6,830) (14,025) (18,677)  
Operating income 25,949 57,446 66,949 171,602  
Other (91) (108) (256) (170)  
Total pretax income 25,858 57,338 66,693 171,432  
Equity in income (loss) of unconsolidated joint ventures (91) (108) (256) (170)  
Inventories 1,173,794   1,173,794   969,260
Investment in unconsolidated joint venture 1,891   1,891   1,180
Assets 1,244,243   1,244,243   1,019,475
Central | Housing          
Revenues:          
Revenues 205,567 310,603 635,004 869,182  
Construction and land costs (176,495) (254,059) (539,559) (703,144)  
Gross profits $ 28,185 $ 49,304 $ 93,542 $ 156,666  
Housing gross profit margin as a percentage of housing revenues 13.70% 15.90% 14.70% 18.00%  
Central | Land          
Revenues:          
Revenues $ 0 $ 0 $ 0 $ 0  
Construction and land costs 0 0 0 0  
Gross profits 0 0 0 0  
Central | Homebuilding          
Revenues:          
Revenues 205,567 310,603 635,004 869,182  
Construction and land costs (177,382) (261,299) (541,462) (712,516)  
Inventory-related charges (887) (7,240) (1,903) (9,372)  
Gross profits 28,185 49,304 93,542 156,666  
Marketing expenses (8,181) (9,606) (25,698) (29,489)  
Commission expenses (7,960) (13,284) (26,379) (38,153)  
General and administrative expenses (8,601) (8,206) (19,955) (24,649)  
Operating income 3,443 18,208 21,510 64,375  
Other 0 3 1 12  
Total pretax income 3,443 18,211 21,511 64,387  
Equity in income (loss) of unconsolidated joint ventures 0 0 0 0  
Inventories 757,883   757,883   758,962
Investment in unconsolidated joint venture 0   0   0
Assets 916,343   916,343   910,307
Southeast | Housing          
Revenues:          
Revenues 244,686 302,987 686,271 767,342  
Construction and land costs (202,860) (251,035) (579,856) (632,245)  
Gross profits $ 40,458 $ 49,498 $ 103,717 $ 130,733  
Housing gross profit margin as a percentage of housing revenues 16.50% 16.30% 15.10% 17.00%  
Southeast | Land          
Revenues:          
Revenues $ 0 $ 487 $ 585 $ 487  
Construction and land costs 0 (536) (516) (536)  
Gross profits 0 (49) 69 (49)  
Southeast | Homebuilding          
Revenues:          
Revenues 244,686 303,474 686,856 767,829  
Construction and land costs (204,228) (254,025) (583,070) (637,145)  
Inventory-related charges (1,368) (2,454) (2,698) (4,364)  
Gross profits 40,458 49,449 103,786 130,684  
Marketing expenses (7,876) (7,939) (22,104) (22,337)  
Commission expenses (9,272) (11,967) (26,593) (31,077)  
General and administrative expenses (7,180) (7,318) (18,253) (21,738)  
Operating income 16,130 22,225 36,836 55,532  
Other 0 0 (3) (3)  
Total pretax income 16,130 22,225 36,833 55,529  
Equity in income (loss) of unconsolidated joint ventures 0 0 (3) (3)  
Inventories 835,336   835,336   894,524
Investment in unconsolidated joint venture 2,564   2,564   2,548
Assets 866,235   866,235   943,846
Corporate and Other | Housing          
Revenues:          
Revenues 0 0 0 0  
Construction and land costs (2,373) (1,976) (6,462) (5,692)  
Gross profits $ (2,373) $ (1,976) $ (6,462) $ (5,692)  
Housing gross profit margin as a percentage of housing revenues 0.00% 0.00% 0.00% 0.00%  
Corporate and Other | Land          
Revenues:          
Revenues $ 0 $ 0 $ 0 $ 0  
Construction and land costs 0 0 0 0  
Gross profits 0 0 0 0  
Corporate and Other | Homebuilding          
Revenues:          
Revenues 0 0 0 0  
Construction and land costs (2,373) (1,976) (6,462) (5,692)  
Inventory-related charges 0 0 0 0  
Gross profits (2,373) (1,976) (6,462) (5,692)  
Marketing expenses (823) (1,286) (3,755) (7,853)  
Commission expenses 0 0 0 0  
General and administrative expenses (28,166) (33,103) (91,673) (99,734)  
Operating income (31,362) (36,365) (101,890) (113,279)  
Other 4,518 1,853 6,961 5,601  
Total pretax income (26,844) $ (34,512) (94,929) $ (107,678)  
Assets $ 332,841   $ 332,841   $ 446,603