$KBH
KB HOME
CIK:0000795266|SEC Filings
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
May 31, 2026 |
May 31, 2025 |
May 31, 2026 |
May 31, 2025 |
|
| Revenues | $ 1,112,435 | $ 1,529,585 | $ 2,189,446 | $ 2,921,362 |
| Equity in income of unconsolidated joint ventures | 6,754 | 12,684 | ||
| Total pretax income | 37,249 | 142,383 | 77,573 | 281,740 |
| Income tax expense | (9,900) | (34,500) | (16,800) | (64,300) |
| Net income | $ 27,349 | $ 107,883 | $ 60,773 | $ 217,440 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 0.44 | $ 1.53 | $ 0.97 | $ 3.05 |
| Diluted (in dollars per share) | $ 0.43 | $ 1.50 | $ 0.96 | $ 3.00 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 61,789 | 69,976 | 62,214 | 70,745 |
| Diluted (in shares) | 62,733 | 71,226 | 63,219 | 72,108 |
| Homebuilding | ||||
| Revenues | $ 1,107,107 | $ 1,524,716 | $ 2,179,166 | $ 2,911,757 |
| Construction and land costs | (938,409) | (1,230,055) | (1,846,438) | (2,337,469) |
| Selling, general and administrative expenses | (140,547) | (163,198) | (271,591) | (315,486) |
| Operating income | 28,151 | 131,463 | 61,137 | 258,802 |
| Interest income | 1,164 | 1,679 | 2,445 | 3,758 |
| Equity in income of unconsolidated joint ventures | 1,269 | 1,080 | 1,791 | 3,493 |
| Total pretax income | 30,584 | 134,222 | 65,373 | 266,053 |
| Financial services | ||||
| Revenues | 5,328 | 4,869 | 10,280 | 9,605 |
| Selling, general and administrative expenses | (1,493) | (1,570) | (3,043) | (3,109) |
| Operating income | 3,835 | 3,299 | 7,237 | 6,496 |
| Equity in income of unconsolidated joint ventures | 2,830 | 4,862 | 4,963 | 9,191 |
| Total pretax income | $ 6,665 | $ 8,161 | $ 12,200 | $ 15,687 |