Note 5 - Property, Plant and Equipment

12 Months Ended

Oct. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5.

Property, Plant and Equipment

Homebuilding property, plant, and equipment consists of land, land improvements, buildings, building improvements, furniture and equipment used to conduct day-to-day business and are recorded at cost less accumulated depreciation. Included in the

October 31, 2017

amounts are

$1.0

million in land, 

$60.1

million in buildings and

$26.4

million in accumulated depreciation for our former corporate headquarters, for a net book value of

$34.7

million, which was held for sale at

October 31, 2017

and sold on

November 1, 2017.

Property, plant, and equipment balances as of

October 31, 2018

and

2017

were as follows:

	October 31,
(In thousands)	2018	2017
Land and land improvements	$1,639	$2,625
Buildings	9,155	69,279
Building improvements	10,958	9,458
Furniture	5,305	5,571
Equipment, including capitalized software	33,015	35,328
Total	60,072	122,261
Less accumulated depreciation	39,787	69,342
Total	20,285	$52,919