LENNAR CORP /NEW/
For the period ended Nov 30, 2025. Filed Jan 28, 2026.
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FY2025 · Filed Jan 28, 2026
LEN$91.58+3.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Schedule II—Valuation and Qualifying Accounts
| Additions | |||||
|---|---|---|---|---|---|
| (In thousands) | Beginningbalance | Charged to costs and expenses | Charged (credited) to other accounts | Deductions | Endingbalance |
| Allowances deducted from assets to which they apply: | |||||
| Allowance for credit losses against notes and other receivables | $2,399 | 907 | (2,477) | — | 829 |
| Allowance for loan losses against loans receivable | $11,938 | 490 | 1,355 | (9,623) | 4,160 |
| Allowance against net deferred tax assets | $2,593 | 7 | — | (54) | 2,546 |
| Allowances deducted from assets to which they apply: | |||||
| Allowance for credit losses against notes and other receivables | $2,374 | 677 | (652) | — | 2,399 |
| Allowance for loan losses against loans receivable | $15,414 | 174 | — | (3,650) | 11,938 |
| Allowance against net deferred tax assets | $2,333 | 268 | — | (8) | 2,593 |
| Allowances deducted from assets to which they apply: | |||||
| Allowance for credit losses against notes and other receivables | $2,179 | 274 | (79) | — | 2,374 |
| Allowance for loan losses against loans receivable | $11,130 | 5,419 | — | (1,135) | 15,414 |
| Allowance against net deferred tax assets | $2,903 | 89 | — | (659) | 2,333 |
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