Note 11 - Income Taxes (Tables)

12 Months Ended

Oct. 31, 2018

Notes Tables

Schedule of Components of Income Tax Payable Receivable [Table Text Block]

	Year Ended October 31,
(In thousands)	2018	2017
State income taxes:
Current	$3,334	$2,227
Deferred	-	-
Federal income taxes:
Current	-	-
Deferred	-	-
Total	$3,334	$2,227

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended October 31,
(In thousands)	2018	2017	2016
Current income tax expense (benefit):
Federal (1)	$-	$-	$(2,796	)
State (2)	3,626	1,371	1,200
Total current income tax expense (benefit):	3,626	1,371	(1,596	)
Federal	-	275,688	5,594
State	-	9,890	1,257
Total deferred income tax expense (benefit):	-	285,578	6,851
Total	$3,626	$286,949	$5,255

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	Year Ended October 31,
(In thousands)	2018		2017
Deferred tax assets:
Inventory impairment loss	$60,854		$122,584
Uniform capitalization of overhead	4,183		5,766
Warranty and legal reserves	4,774		8,763
Acquisition intangibles	1,185		4,420
Restricted stock bonus	1,344		4,202
Stock options	4,358		6,539
Provision for losses	18,044		38,831
Joint venture loss	3,384		12,028
Federal net operating losses	334,971		549,862
State net operating losses	191,064		172,307
Other	14,030		23,366
Total deferred tax assets	638,191		948,668
Deferred tax liabilities:
Debt repurchase income	-		30,465
Total deferred tax liabilities	-		30,465
Valuation allowance	(638,191	)	(918,203	)
Net deferred income taxes	$-		$-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended October 31,
	2018			2017			2016
Computed “expected” tax rate		21.0	%		35.0	%		35.0	%
State income taxes, net of federal income tax benefit		17.2			1.0			65.4
Permanent differences, net		74.0			(2.4	)		222.2
Deferred tax asset valuation allowance impact		(70.8	)		(667.8	)		-
Tax contingencies		1.0			-			0.3
Adjustments to prior years’ tax accruals(1)		2.1			-			(107.2	)
Effective tax rate		44.5	%		(634.2	)%		215.7	%

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	Year Ended October 31,
		2018		2017
Unrecognized tax benefit—November 1,		$1.1		$1.1
Gross increases—tax positions in current period		0.3		0.2
Lapse of statute of limitations		(0.2	)	(0.2	)
Unrecognized tax benefit—October 31,		$1.2		$1.1