Note 20 - Fair Value of Financial Instruments (Tables)

6 Months Ended

Apr. 30, 2024

Fair Value of Financial Instruments

Schedule of financial instruments measured at fair value on a recurring basis

		Fair Value at		Fair Value at
	Fair Value	April 30,		October 31,
(In thousands)	Hierarchy	2024		2023
Mortgage loans held for sale (1)	Level 2	$	97,075	$	130,235

(1) The aggregate unpaid principal balance was $96.2 million and $130.4 million at April 30, 2024 and October 31, 2023, respectively.

Schedule of change in fair value included in financial services revenue

	Three Months Ended April 30, 2024
	Mortgage		Interest Rate
	Loans Held		Lock		Forward
(In thousands)	For Sale		Commitments		Contracts
Change in fair value included in financial services revenue	$	82	$	-	$	-

	Three Months Ended April 30, 2023
	Mortgage		Interest Rate
	Loans Held		Lock			Forward
(In thousands)	For Sale		Commitments			Contracts
Change in fair value included in financial services revenue	$	305	$	(8	)	$	35

	Six Months Ended April 30, 2024
	Mortgage		Interest Rate
	Loans Held		Lock		Forward
(In thousands)	For Sale		Commitments		Contracts
Change in fair value included in financial services revenue	$	884	$	-	$	-

	Six Months Ended April 30, 2023
	Mortgage		Interest Rate
	Loans Held		Lock			Forward
(In thousands)	For Sale		Commitments			Contracts
Change in fair value included in financial services revenue	$	726	$	(8	)	$	(2	)

Schedule of fair value of each series of Notes and Credit Facilities

Fair Value as of April 30, 2024

(In thousands)	Level 1		Level 2		Level 3		Total
Senior Secured Notes:
8.0% Senior Secured 1.125 Lien Notes due September 30, 2028		-		232,191		-		232,191
11.75% Senior Secured 1.25 Lien Notes due September 30, 2029		-		478,900		-		478,900
Senior Notes:
13.5% Senior Notes due February 1, 2026		-		-		93,650		93,650
5.0% Senior Notes due February 1, 2040		-		45,090		-		45,090
Senior Credit Facilities:
Senior Unsecured Term Loan Credit Facility due February 1, 2027		-		-		33,868		33,868
Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028		-		-		89,444		89,444
Total fair value	$	-	$	756,181	$	216,962	$	973,143

Fair Value as of October 31, 2023

(In thousands)	Level 1		Level 2		Level 3		Total
Senior Secured Notes:
10.0% Senior Secured 1.75 Lien Notes due November 15, 2025		-		113,843		-		113,843
8.0% Senior Secured 1.125 Lien Notes due September 30, 2028		-		-		230,690		230,690
11.75% Senior Secured 1.25 Lien Notes due September 30, 2029		-		476,655		-		476,655
Senior Notes:
13.5% Senior Notes due February 1, 2026		-		-		95,062		95,062
5.0% Senior Notes due February 1, 2040		-		-		44,843		44,843
Senior Credit Facilities:
Senior Unsecured Term Loan Credit Facility due February 1, 2027		-		-		35,034		35,034
Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028		-		-		81,742		81,742
Total fair value	$	-	$	590,498	$	487,371	$	1,077,869