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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Cash flows from operating activities:    
Net (loss) $ (30,809) $ (143)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:    
Depreciation 790 1,013
Compensation from stock options and awards 1,039 452
Amortization of bond discounts and deferred financing costs 2,337 4,129
Gain on sale and retirement of property and assets (3,628) (56)
Loss from unconsolidated joint ventures 5,176 1,666
Distributions of earnings from unconsolidated joint ventures 185
Gain on extinguishment of debt (7,646)
Inventory impairment and land option write-offs 414 3,184
Deferred income tax provision 20
(Increase) decrease in assets:    
Origination of mortgage loans (198,878) (229,537)
Sale of mortgage loans 251,055 312,027
Restricted cash, receivables, prepaids, deposits and other assets 3,011 4,833
Inventories (31,063) (13,526)
State income tax payable (41) 291
Customers’ deposits 617 (1,476)
Accounts payable, accrued interest and other accrued liabilities (82,544) (49,500)
Net cash (used in) provided by operating activities (82,524) 25,916
Cash flows from investing activities:    
Proceeds from sale of property and assets 38,170 60
Purchase of property, equipment and other fixed assets and acquisitions (1,916) (560)
Investments in and advances to unconsolidated joint ventures (2,032) [1] (14,639)
Distributions of capital from unconsolidated joint ventures 6,646 1,939
Net cash provided by (used in) investing activities 41,051 (15,525)
Cash flows from financing activities:    
Proceeds from mortgages and notes 33,802 54,396
Payments related to mortgages and notes (46,596) (63,307)
Proceeds from model sale leaseback financing programs 746 747
Payments related to model sale leaseback financing programs (16,934) (4,268)
Proceeds from land bank financing programs 2,204 4,788
Payments related to land bank financing programs (9,449) (27,650)
Payments for senior notes and senior amortizing notes (56,002) (33,086)
Net payments related to mortgage warehouse lines of credit (51,487) (86,058)
Deferred financing costs from land bank financing program and note issuances (1,843) (938)
Net cash used in financing activities (145,559) (155,376)
Net decrease in cash and cash equivalents (187,032) (144,985)
Cash and cash equivalents balance, beginning of period 469,320 346,765
Cash and cash equivalents balance, end of period 282,288 201,780
Supplemental disclosure of cash flow:    
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements) 56,482 24,019
Income taxes 379 154
Related to Mortgage Company [Member]    
Cash flows from investing activities:    
Increase (decrease) in restricted cash 174 (2,324)
Related to Letters of Credit [Member]    
Cash flows from investing activities:    
Increase (decrease) in restricted cash $ 9 $ (1)
[1] In the first quarter of fiscal 2018, we acquired the remaining assets of one of our joint ventures, resulting in a $13.8 million reduction in our investment in the joint venture and a corresponding increase to inventory.