Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 23

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 1
Chunk 23
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. The Company also had strategic technology investments in unconsolidated entities and investment funds accounted for under the equity method of accounting with a carrying value of $235.1 million and $239.3 million, as of May 31, 2025 and November 30, 2024, respectively.

(5)Stockholders' Equity

The following tables reflect the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for the three and six months ended May 31, 2025 and 2024:Three Months Ended May 31, 2025(In thousands)TotalEquityClass ACommon StockClass BCommon StockAdditionalPaid - in CapitalTreasuryStockAccumulated Other Comprehensive Income (Loss)RetainedEarningsNoncontrollingInterestsBalance at February 28, 2025$22,867,344 26,133 3,660 5,812,802 (4,424,039)7,351 21,302,131 139,306 Net earnings (including net earnings attributable to noncontrolling interests)481,820 — — — — — 477,449 4,371 Employee stock and directors plans722 3 — 1,157 (438)— — — Purchases of treasury stock(520,981)— — — (520,981)— — — Amortization of restricted stock28,773 — — 28,773 — — — — Cash dividends(133,589)— — — — — (133,589)— Receipts related to noncontrolling interests9,701 — — — — — — 9,701 Payments related to noncontrolling interests(576)— — — — — — (576)Total other comprehensive loss, net of tax(1,332)— — — — (1,332)— — Balance at May 31, 2025$22,731,882 26,136 3,660 5,842,732 (4,945,458)6,019 21,645,991 152,802 Three Months Ended May 31, 2024(In thousands)TotalEquityClass ACommon StockClass BCommon