KB HOME

For the period ended Aug 31, 2024. Filed Oct 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 31, 2024 · Filed Oct 10, 2024

KBH$52.01+2.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

KB HOME

CONSOLIDATED BALANCE SHEETS

(In Thousands, Except Shares – Unaudited)

	August 31,2024	November 30,2023
Assets
Homebuilding:
Cash and cash equivalents	$374,911	$727,076
Receivables	373,536	366,862
Inventories	5,648,930	5,133,646
Investments in unconsolidated joint ventures	62,984	59,128
Property and equipment, net	89,290	88,309
Deferred tax assets, net	113,775	119,475
Other assets	113,675	96,987
	6,777,101	6,591,483
Financial services	62,779	56,879
Total assets	$6,839,880	$6,648,362
Liabilities and stockholders’ equity
Homebuilding:
Accounts payable	$401,768	$388,452
Accrued expenses and other liabilities	757,928	758,227
Notes payable	1,691,060	1,689,898
	2,850,756	2,836,577
Financial services	2,030	1,645
Stockholders’ equity:
Common stock — 101,891,905 and 101,275,979 shares issued at August 31, 2024 and November 30, 2023, respectively	101,892	101,276
Paid-in capital	856,603	845,693
Retained earnings	4,087,800	3,676,924
Accumulated other comprehensive loss	(3,671)	(3,671)
Grantor stock ownership trust, at cost: 6,705,247 shares at August 31, 2024 and November 30, 2023	(72,718)	(72,718)
Treasury stock, at cost: 21,852,181 and 18,703,704 at August 31, 2024 and November 30, 2023, respectively	(982,812)	(737,364)
Total stockholders’ equity	3,987,094	3,810,140
Total liabilities and stockholders’ equity	$6,839,880	$6,648,362

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.