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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Revenues:        
Sale of homes $ 312,494 $ 246,974 $ 564,824 $ 482,859
Land sales and other revenues 20,691 2,819 31,270 12,407
Total homebuilding 333,185 249,793 596,094 495,266
Financial services 8,513 5,304 15,203 12,398
Total revenues 341,698 255,097 611,297 507,664
Expenses:        
Cost of sales, excluding interest 271,563 210,463 488,990 411,893
Cost of sales interest 13,317 13,956 25,793 29,582
Inventory impairment loss and land option write-offs 3,216 16,925 6,541 30,450
Total cost of sales 288,096 241,344 521,324 471,925
Selling, general and administrative 35,125 39,837 68,379 80,044
Total homebuilding expenses 323,221 281,181 589,703 551,969
Financial services 5,363 5,177 10,540 10,647
Corporate general and administrative 12,264 11,952 25,049 26,960
Other interest 26,056 24,887 48,051 48,872
Other operations 990 706 6,388 1,593
Total expenses 367,894 323,903 679,731 640,041
Gain (loss) on extinguishment of debt 27,039 (1,644) 51,737 (1,644)
Income (loss) from unconsolidated joint ventures 1,495 (3,232) 1,473 (4,224)
Income (loss) before income taxes 2,338 (73,682) (15,224) (138,245)
State and federal income tax (benefit) provision:        
State 468 (372) 1,101 293
Federal 68 (643) 138 (1,729)
Total income taxes 536 (1,015) 1,239 (1,436)
Net income (loss) $ 1,802 $ (72,667) $ (16,463) $ (136,809)
Basic:        
Income (loss) per common share (in Dollars per share) $ 0.02 $ (0.69) $ (0.15) $ (1.49)
Weighted-average number of common shares outstanding (in Shares) 116,021 105,894 112,338 92,020
Assuming dilution:        
Income (loss) per common share (in Dollars per share) $ 0.02 $ (0.69) $ (0.15) $ (1.49)
Weighted-average number of common shares outstanding (in Shares) 116,117 105,894 112,338 92,020