Financial Services (Tables)

9 Months Ended

Aug. 31, 2025

Segment Reporting Information [Line Items]

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,
	2025		2024		2025		2024
Revenues
Insurance commissions	$	3,331	$	3,691	$	8,268	$	12,685
Title services	2,681		2,938		7,349		8,313

Total	6,012		6,629		15,617		20,998

Expenses
General and administrative	(1,580)		(1,608)		(4,689)		(4,627)
Operating income	4,432		5,021		10,928		16,371
Equity in income of unconsolidated joint venture	4,254		5,932		13,445		19,422
Pretax income	$	8,686	$	10,953	$	24,373	$	35,793

Financial services

Segment Reporting Information [Line Items]

Schedule of Financial Services Assets and Liabilities


	August 31, 2025		November 30, 2024
Assets
Cash and cash equivalents	$	1,712	$	1,220
Receivables	4,256		5,407
Investment in unconsolidated joint venture	15,386		21,997
Other assets (a)	38,424		38,299
Total assets	$	59,778	$	66,923

Liabilities
Accounts payable and accrued expenses	$	2,983	$	2,719
Total liabilities	$	2,983	$	2,719

(a)Other assets at August 31, 2025 and November 30, 2024 included $38.4 million and $38.2 million, respectively, of contract assets for estimated future renewal commissions.

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