Consolidated Statements of Operations - USD ($) $ in Thousands |
12 Months Ended | ||||||
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Oct. 31, 2016 |
Oct. 31, 2015 |
Oct. 31, 2014 |
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Revenues | $ 2,752,247 | $ 2,148,480 | $ 2,063,380 | ||||
Inventory impairment loss and land option write-offs | 33,353 | 12,044 | 5,224 | ||||
Corporate general and administrative | 60,141 | 62,506 | 63,375 | ||||
Other interest | [1],[2] | 90,967 | 91,835 | 87,378 | |||
Other operations | 4,874 | 6,003 | 4,647 | ||||
Expenses | 2,742,265 | 2,174,414 | 2,049,942 | ||||
Loss on extinguishment of debt | (3,200) | (1,155) | |||||
Income (loss) from unconsolidated joint ventures | (4,346) | 4,169 | 7,897 | ||||
Income (loss) before income taxes | 2,436 | (21,765) | 20,180 | ||||
State and federal income tax provision (benefit) | 5,255 | (5,665) | (286,964) | ||||
Net (loss) income | $ (2,819) | $ (16,100) | $ 307,144 | ||||
(Loss) income per common share (in dollars per share) | $ (0.02) | $ (0.11) | $ 2.05 | ||||
Weighted-average number of common shares outstanding (in shares) | 147,451 | 146,899 | 146,271 | ||||
Income (loss) per common share (in dollars per share) | $ (0.02) | $ (0.11) | $ 1.87 | ||||
Weighted-average number of common shares outstanding (in shares) | 147,451 | 146,899 | 162,441 | ||||
State and Local Jurisdiction [Member] | |||||||
State and federal income tax provision (benefit) | $ 2,457 | $ 4,293 | $ (12,452) | ||||
Domestic Tax Authority [Member] | |||||||
State and federal income tax provision (benefit) | 2,798 | (9,958) | (274,512) | ||||
Homebuilding [Member] | |||||||
Sale of homes | 2,600,790 | 2,088,129 | 2,013,013 | ||||
Land sales and other revenues | 78,840 | 3,686 | 7,953 | ||||
Total homebuilding | 2,679,630 | 2,091,815 | 2,020,966 | ||||
Cost of sales, excluding interest | 2,230,457 | 1,722,038 | 1,615,199 | ||||
Cost of sales interest | 92,391 | 59,613 | 53,966 | ||||
Inventory impairment loss and land option write-offs | 33,353 | 12,044 | 5,224 | ||||
Total cost of sales | 2,356,201 | 1,793,695 | 1,674,389 | ||||
Selling, general and administrative | 192,938 | 188,403 | 191,537 | ||||
Total homebuilding expenses | 2,549,139 | 1,982,098 | 1,865,926 | ||||
Expenses | 2,705,121 | 2,142,442 | 2,021,326 | ||||
Financial Services [Member] | |||||||
Financial services | 72,617 | 56,665 | 42,414 | ||||
Financial services | 37,144 | 31,972 | 28,616 | ||||
Expenses | $ 37,144 | $ 31,972 | $ 28,616 | ||||
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- Definition The aggregate total of expenses for Corporate operations, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value and to write off land option costs. No definition available.
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- Definition Revenue from the sale of land in the reporting period and revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy. No definition available.
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- Definition Interest cost which does not qualify for interest capitalization. No definition available.
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- Definition This element represents the total of the costs related to real estate revenues, including management, leasing, and development services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Reflects for the period the total of the carrying amount of the commercial, industrial and residential land and buildings sold plus certain overhead and other costs incurred to place the real estate in saleable condition, capitalized interest costs in the properties sold, and inventory impairment losses recognized. This element would most likely be used by an entity whose principal activities involve real estate or which has significant real estate operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Reflects the carrying amount of the commercial, industrial and residential land and buildings sold during the period plus certain overhead and other costs to place the real estate in saleable condition, but excluding capitalized interest costs. This element would most likely be used by an entity whose principal activities involve real estate or which has significant real estate operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of previously capitalized interest in inventory that was charged against earnings in the period. This element would most likely be used by an entity whose principal activities involve real estate or which has significant real estate operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs incurred during the reporting period related to financial services rendered by an entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate financial services revenue and operating interest income earned during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue related to the sale of homes and home building activities including design, development, general contracting, and renovation services for residential buildings, including single-family houses, multifamily housing, townhouses, apartments, and modular housing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate revenue from real estate operations during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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