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Note 3 - Interest - Cash Paid for Interest, Net of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Interest        
Less other interest expensed(2) [1] $ (8,969) $ (14,501) $ (19,420) $ (29,594)
[1] Other interest expensed includes interest that does not qualify for interest capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt, which amounted to $1.7 million and $5.3 million for the three months ended April 30, 2024 and 2023, respectively, and $5.4 million and $11.8 million for the six months ended April 30, 2024 and 2023, respectively. Other interest also includes interest on completed homes, land in planning and fully developed lots without homes under construction, which does not qualify for capitalization and therefore is expensed as incurred. This component of other interest was $7.3 million and $9.2 million for the three months ended April 30, 2024 and 2023, respectively, and $14.1 million and $17.8 million for the six months ended April 30, 2024 and 2023, respectively.