XML 57 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Operating and Reporting Segments (Tables)
12 Months Ended
Oct. 31, 2017
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   
October 31,
 
(In thousands)
 
2017
   
2016
 
Assets:
               
Northeast
  $
180,545
    $
219,363
 
Mid-Atlantic
   
224,398
     
292,899
 
Midwest
   
84,960
     
111,596
 
Southeast
   
231,644
     
226,124
 
Southwest
   
294,337
     
341,472
 
West
   
175,347
     
269,400
 
Total homebuilding
   
1,191,231
     
1,460,854
 
Financial services
   
162,113
     
197,230
 
Corporate and unallocated (1)
   
547,554
     
696,872
 
Total assets
  $
1,900,898
    $
2,354,956
 
   
October 31,
 
(In thousands)
 
2017
   
2016
 
Investments in and advances to unconsolidated joint ventures:
               
Northeast
  $
36,411
    $
28,115
 
Mid-Atlantic
   
20,873
     
22,407
 
Midwest
   
4,268
     
5,516
 
Southeast
   
36,320
     
22,876
 
Southwest
   
11,832
     
3,625
 
West
   
4,451
     
17,547
 
Total homebuilding
   
114,155
     
100,086
 
Corporate and unallocated
   
935
     
416
 
Total investments in and advances to unconsolidated joint ventures
  $
115,090
    $
100,502
 
Operating Segments [Member]  
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   
Year Ended October 31,
 
(In thousands)
 
2017
   
2016
   
2015
 
Revenues:
                       
Northeast
  $
209,509
    $
278,028
    $
189,497
 
Mid-Atlantic
   
464,126
     
458,579
     
399,500
 
Midwest
   
199,770
     
311,322
     
311,449
 
Southeast
   
260,402
     
260,584
     
207,662
 
Southwest
   
827,503
     
1,028,529
     
823,853
 
West
   
430,546
     
342,447
     
159,969
 
Total homebuilding
   
2,391,856
     
2,679,489
     
2,091,930
 
Financial services
   
58,743
     
72,617
     
56,665
 
Corporate and unallocated
   
1,066
     
141
     
(115
)
Total revenues
  $
2,451,665
    $
2,752,247
    $
2,148,480
 
(Loss) income before income taxes:
                       
Northeast
  $
2,300
    $
(3,869
)
  $
(7,742
)
Mid-Atlantic
   
17,191
     
17,476
     
21,431
 
Midwest
   
(1,151
)    
(11,416
)
   
14,012
 
Southeast
   
(6,199
)    
(17,791
)
   
(6,330
)
Southwest
   
71,540
     
84,424
     
67,437
 
West
   
19,636
     
3,445
     
(17,145
)
Total homebuilding
   
103,317
     
72,269
     
71,663
 
Financial services
   
26,397
     
35,473
     
24,693
 
Corporate and unallocated
(1)
   
(174,958
)    
(105,306
)
   
(118,121
)
(Loss) income before income taxes
  $
(45,244
)   $
2,436
    $
(21,765
)
   
Year Ended October 31,
 
(In thousands)
 
2017
   
2016
   
2015
 
Homebuilding interest expense:
                       
Northeast
  $
20,308
    $
19,417
    $
14,150
 
Mid-Atlantic
   
23,886
     
23,662
     
16,268
 
Midwest
   
7,799
     
12,275
     
10,405
 
Southeast
   
13,646
     
16,770
     
9,552
 
Southwest
   
25,278
     
37,552
     
26,147
 
West
   
25,799
     
23,295
     
10,381
 
Total homebuilding
   
116,716
     
132,971
     
86,903
 
Corporate and unallocated
   
69,124
     
50,387
     
64,545
 
Financial services interest expense (1)
   
(630
)    
(763
)
   
(1,066
)
Total interest expense, net
  $
185,210
    $
182,595
    $
150,382
 
   
Year Ended October 31,
 
(In thousands)
 
2017
   
2016
   
2015
 
Depreciation:
                       
Northeast
  $
71
    $
62
    $
136
 
Mid-Atlantic
   
50
     
56
     
28
 
Midwest
   
858
     
497
     
361
 
Southeast
   
83
     
82
     
40
 
Southwest
   
78
     
104
     
89
 
West
   
94
     
92
     
79
 
Total homebuilding
   
1,234
     
893
     
733
 
Financial services
   
16
     
41
     
47
 
Corporate and unallocated
   
2,999
     
2,631
     
2,608
 
Total depreciation
  $
4,249
    $
3,565
    $
3,388
 
   
Year Ended October 31,
 
(In thousands)
 
2017
   
2016
   
2015
 
Net additions to operating properties and equipment:
                       
Northeast
  $
442
    $
78
    $
-
 
Mid-Atlantic
   
71
     
208
     
58
 
Midwest
   
3,773
     
3,180
     
637
 
Southeast
   
28
     
233
     
227
 
Southwest
   
18
     
199
     
173
 
West
   
80
     
91
     
88
 
Total homebuilding
   
4,412
     
3,989
     
1,183
 
Financial services
   
-
     
30
     
-
 
Corporate and unallocated
   
2,066
     
3,988
     
871
 
Total net additions to operating properties and equipment
  $
6,478
    $
8,007
    $
2,054
 
   
Year Ended October 31,
 
(In thousands)
 
2017
   
2016
   
2015
 
Equity in (losses) earnings from unconsolidated joint ventures:
                       
Northeast
  $
(4,376
)   $
(2,639
)
  $
856
 
Mid-Atlantic
   
1,180
     
(27
)
   
4,502
 
Midwest
   
(1,424
)    
(1,304
)
   
(105
)
Southeast
   
837
     
(1,774
)
   
1,213
 
Southwest
   
(306
)    
(64
)
   
-
 
West
   
(2,958
)    
1,462
     
(2,297
)
Total equity in (losses) earnings from unconsolidated joint ventures
  $
(7,047
)   $
(4,346
)
  $
4,169