Accrued Expenses (Tables)

3 Months Ended

Jan. 31, 2013

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at January 31, 2013 and October 31, 2012 consisted of the following (amounts in thousands):

	January 31, 2013		October 31, 2012
Land, land development and construction	$	119,804	$	124,731
Compensation and employee benefit	94,627		111,093
Insurance and litigation	102,135		101,908
Commitments to unconsolidated entities	2,164		2,135
Warranty	41,241		41,706
Interest	38,366		28,204
Other	69,315		66,573
	$	467,652	$	476,350

Changes in the warranty accrual

The table below provides, for the periods indicated, a reconciliation of the changes in the Company’s warranty accrual (amounts in thousands):

	Three months ended January 31,
	2013			2012
Balance, beginning of period	$	41,706		$	42,474
Additions – homes closed during the period	2,289			1,871
Addition – liabilities acquired				731
(Decrease) increase in accruals for homes closed in prior periods	(267		)	1,783
Charges incurred	(2,487		)	(3,750		)
Balance, end of period	$	41,241		$	43,109