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Note 5 - Property, Plant and Equipment
12 Months Ended
Oct. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

5. Property and Equipment

 

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

 

Property and equipment balances as of October 31, 2023 and 2022 were as follows:

 

  

October 31,

 

(In thousands)

 

2023

  

2022

 
         

Land and land improvements

 $1,563  $1,639 

Buildings

  7,828   9,497 

Building improvements

  16,061   22,220 

Furniture

  2,793   4,363 

Equipment

  10,124   10,739 

Capitalized software

  

50,630

   29,263 

Property and equipment

  88,999   77,721 

Less: accumulated depreciation

  

(55,053

)  (51,902)

Property and equipment, net

 $33,946  $25,819