XML 49 R83.htm IDEA: XBRL DOCUMENT v2.4.0.6
Supplemental Guarantor Information (Level 4 CF) (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) $ 4,432 $ (2,786)
Depreciation and amortization 6,525 5,229
Stock-based compensation 5,684 5,626
Income from unconsolidated entities (3,083) (6,687)
Distributions of earnings from unconsolidated entities 2,413 872
Income from distressed loans and foreclosed real estate (3,011) (4,138)
Deferred tax provision (benefit) 2,306 (1,246)
Deferred tax valuation allowances (216) 1,246
Inventory impairments and write-offs 709 8,120
Change in fair value of mortgage loans receivable and derivative instruments 554 346
Gain on marketable securities    (39)
Changes in operating assets and liabilities    
Increase in inventory (378,715) (108,468)
Origination of mortgage loans (141,148) (120,662)
Sale of mortgage loans 176,830 146,895
Decrease (increase) in restricted cash 13,519 (28,481)
Increase (Decrease) in Other Operating Assets (8,256) 11,781
Increase in customer deposits 12,059 3,230
(Decrease) increase in accounts payable and accrued expenses 1,302 (67,127)
Increase (decrease) in income taxes payable 2,274 (5,790)
Net cash used in operating activities (305,822) (162,079)
Cash flow from investing activities:    
Purchase of property and equipment - net (5,391) (3,392)
Purchase of marketable securities (26,019)   
Sale and redemption of marketable securities 38,775 88,217
Investment in and advances to unconsolidated entities (7,614) (71,784)
Return of investments in unconsolidated entities 17,311 15,333
Investment in distressed loans and foreclosed real estate (16,252) (26,410)
Return of investments in distressed loans and foreclosed real estate 3,015 3,702
Acquisition of a business    (144,746)
Net cash used in investing activities 3,825 (139,080)
Cash flow from financing activities:    
Proceeds from loans payable 244,830 199,139
Principal payments of loans payable (299,862) (237,896)
Redemption of senior notes (59,068)   
Proceeds from stock-based benefit plans 6,108 9,334
Purchase of treasury stock (79) (64)
Net cash used in financing activities (108,071) (29,487)
Net decrease in cash and cash equivalents (410,068) (330,646)
Cash and cash equivalents, beginning of period 778,824 906,340
Cash and cash equivalents, end of period 368,756 575,694
Toll Brothers Inc. [Member]
   
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) 4,432 (2,786)
Depreciation and amortization 6   
Stock-based compensation 5,684 5,626
Income from unconsolidated entities      
Distributions of earnings from unconsolidated entities      
Income from distressed loans and foreclosed real estate      
Deferred tax provision (benefit) 2,306 (1,246)
Deferred tax valuation allowances (216) 1,246
Inventory impairments and write-offs      
Change in fair value of mortgage loans receivable and derivative instruments      
Gain on marketable securities     
Changes in operating assets and liabilities    
Increase in inventory      
Origination of mortgage loans      
Sale of mortgage loans      
Decrease (increase) in restricted cash 13,208 (28,307)
Increase (Decrease) in Other Operating Assets (30,512) 22,096
Increase in customer deposits      
(Decrease) increase in accounts payable and accrued expenses (3,211) (109)
Increase (decrease) in income taxes payable 2,274 (5,790)
Net cash used in operating activities (6,029) (9,270)
Cash flow from investing activities:    
Purchase of property and equipment - net      
Purchase of marketable securities     
Sale and redemption of marketable securities      
Investment in and advances to unconsolidated entities      
Return of investments in unconsolidated entities      
Investment in distressed loans and foreclosed real estate      
Return of investments in distressed loans and foreclosed real estate      
Acquisition of a business     
Net cash used in investing activities 0 0
Cash flow from financing activities:    
Proceeds from loans payable      
Principal payments of loans payable      
Redemption of senior notes     
Proceeds from stock-based benefit plans 6,108 9,334
Purchase of treasury stock (79) (64)
Net cash used in financing activities 6,029 9,270
Net decrease in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period    0
Cash and cash equivalents, end of period 0 0
Subsidiary Issuer [Member]
   
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) (1,449) 0
Depreciation and amortization 3,570 794
Stock-based compensation      
Income from unconsolidated entities      
Distributions of earnings from unconsolidated entities      
Income from distressed loans and foreclosed real estate      
Deferred tax provision (benefit)      
Deferred tax valuation allowances      
Inventory impairments and write-offs      
Change in fair value of mortgage loans receivable and derivative instruments      
Gain on marketable securities     
Changes in operating assets and liabilities    
Increase in inventory      
Origination of mortgage loans      
Sale of mortgage loans      
Decrease (increase) in restricted cash      
Increase (Decrease) in Other Operating Assets 46,897 (4,793)
Increase in customer deposits      
(Decrease) increase in accounts payable and accrued expenses 10,050 3,999
Increase (decrease) in income taxes payable      
Net cash used in operating activities 59,068 0
Cash flow from investing activities:    
Purchase of property and equipment - net      
Purchase of marketable securities     
Sale and redemption of marketable securities      
Investment in and advances to unconsolidated entities      
Return of investments in unconsolidated entities      
Investment in distressed loans and foreclosed real estate      
Return of investments in distressed loans and foreclosed real estate      
Acquisition of a business     
Net cash used in investing activities 0 0
Cash flow from financing activities:    
Proceeds from loans payable      
Principal payments of loans payable      
Redemption of senior notes (59,068)  
Proceeds from stock-based benefit plans      
Purchase of treasury stock      
Net cash used in financing activities (59,068) 0
Net decrease in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period      
Cash and cash equivalents, end of period 0 0
Guarantor Subsidiaries [Member]
   
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) 5,072 (2,782)
Depreciation and amortization 5,139 4,419
Stock-based compensation      
Income from unconsolidated entities (1,117) (7,729)
Distributions of earnings from unconsolidated entities 690 872
Income from distressed loans and foreclosed real estate      
Deferred tax provision (benefit)      
Deferred tax valuation allowances      
Inventory impairments and write-offs 740 8,120
Change in fair value of mortgage loans receivable and derivative instruments      
Gain on marketable securities   (39)
Changes in operating assets and liabilities    
Increase in inventory (317,472) (100,509)
Origination of mortgage loans      
Sale of mortgage loans      
Decrease (increase) in restricted cash 192 650
Increase (Decrease) in Other Operating Assets (115,728) (177,589)
Increase in customer deposits 10,717 9,291
(Decrease) increase in accounts payable and accrued expenses (9,867) (11,553)
Increase (decrease) in income taxes payable      
Net cash used in operating activities (421,634) (276,849)
Cash flow from investing activities:    
Purchase of property and equipment - net (5,123) (2,563)
Purchase of marketable securities (25,938)  
Sale and redemption of marketable securities 38,775 88,217
Investment in and advances to unconsolidated entities (2,047) (256)
Return of investments in unconsolidated entities 7,960 15,333
Investment in distressed loans and foreclosed real estate      
Return of investments in distressed loans and foreclosed real estate      
Acquisition of a business   (144,746)
Net cash used in investing activities 13,627 (44,015)
Cash flow from financing activities:    
Proceeds from loans payable      
Principal payments of loans payable (10,112) (12,520)
Redemption of senior notes     
Proceeds from stock-based benefit plans      
Purchase of treasury stock      
Net cash used in financing activities (10,112) (12,520)
Net decrease in cash and cash equivalents (418,119) (333,384)
Cash and cash equivalents, beginning of period 711,375 775,300
Cash and cash equivalents, end of period 293,256 441,916
Non-Guarantor Subsidiaries [Member]
   
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) 3,168 1,689
Depreciation and amortization 191 16
Stock-based compensation      
Income from unconsolidated entities (1,966) 1,042
Distributions of earnings from unconsolidated entities 1,723   
Income from distressed loans and foreclosed real estate (3,011) (4,138)
Deferred tax provision (benefit)      
Deferred tax valuation allowances      
Inventory impairments and write-offs      
Change in fair value of mortgage loans receivable and derivative instruments 554 346
Gain on marketable securities     
Changes in operating assets and liabilities    
Increase in inventory (61,274) (7,959)
Origination of mortgage loans (141,148) (120,662)
Sale of mortgage loans 176,830 146,895
Decrease (increase) in restricted cash 119 (824)
Increase (Decrease) in Other Operating Assets 79,311 173,768
Increase in customer deposits 1,342 (6,061)
(Decrease) increase in accounts payable and accrued expenses 6,934 (60,072)
Increase (decrease) in income taxes payable      
Net cash used in operating activities 62,773 124,040
Cash flow from investing activities:    
Purchase of property and equipment - net (268) (829)
Purchase of marketable securities (81)  
Sale and redemption of marketable securities      
Investment in and advances to unconsolidated entities (5,567) (71,528)
Return of investments in unconsolidated entities 9,351   
Investment in distressed loans and foreclosed real estate (16,252) (26,410)
Return of investments in distressed loans and foreclosed real estate 3,015 3,702
Acquisition of a business     
Net cash used in investing activities (9,802) (95,065)
Cash flow from financing activities:    
Proceeds from loans payable 244,830 199,139
Principal payments of loans payable (289,750) (225,376)
Redemption of senior notes     
Proceeds from stock-based benefit plans      
Purchase of treasury stock      
Net cash used in financing activities (44,920) (26,237)
Net decrease in cash and cash equivalents 8,051 2,738
Cash and cash equivalents, beginning of period 67,449 131,040
Cash and cash equivalents, end of period 75,500 133,778
Eliminations [Member]
   
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Net income (loss) (6,791) 1,093
Depreciation and amortization (2,381)   
Stock-based compensation      
Income from unconsolidated entities      
Distributions of earnings from unconsolidated entities      
Income from distressed loans and foreclosed real estate      
Deferred tax provision (benefit)      
Deferred tax valuation allowances      
Inventory impairments and write-offs (31)   
Change in fair value of mortgage loans receivable and derivative instruments      
Gain on marketable securities     
Changes in operating assets and liabilities    
Increase in inventory 31   
Origination of mortgage loans      
Sale of mortgage loans      
Decrease (increase) in restricted cash      
Increase (Decrease) in Other Operating Assets 11,776 (1,701)
Increase in customer deposits      
(Decrease) increase in accounts payable and accrued expenses (2,604) 608
Increase (decrease) in income taxes payable      
Net cash used in operating activities 0 0
Cash flow from investing activities:    
Purchase of property and equipment - net      
Purchase of marketable securities     
Sale and redemption of marketable securities      
Investment in and advances to unconsolidated entities      
Return of investments in unconsolidated entities      
Investment in distressed loans and foreclosed real estate      
Return of investments in distressed loans and foreclosed real estate      
Acquisition of a business     
Net cash used in investing activities 0 0
Cash flow from financing activities:    
Proceeds from loans payable      
Principal payments of loans payable      
Redemption of senior notes     
Proceeds from stock-based benefit plans      
Purchase of treasury stock      
Net cash used in financing activities 0 0
Net decrease in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period      
Cash and cash equivalents, end of period $ 0 $ 0