Income Taxes (Tables)

12 Months Ended

Oct. 31, 2012

Reconciliation of Company's effective tax rate from federal statutory rate

The following table provides a reconciliation of the Company’s effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2012, 2011 and 2010 ($ amounts in thousands).



	2012				2011				2010
	$		%*		$		%*		$		%*
Federal tax benefit at statutory rate	39,530		35.0		(10,278	)	35.0		(41,015	)	35.0
State taxes, net of federal benefit	4,711		4.2		(954	)	3.2		(3,809	)	3.3
Reversal of accrual for uncertain tax positions	(34,167	)	(30.3	)	(52,306	)	178.1		(39,485	)	33.7
Accrued interest on anticipated tax assessments	5,000		4.4		3,055		(10.4	)	9,263		(7.9	)
Increase in unrecognized tax benefits	5,489		4.9						35,575		(30.4	)
Increase in deferred tax assets, net					(25,948	)	88.4
Valuation allowance — recognized					43,876		(149.4	)	55,492		(47.4	)
Valuation allowance — reversed	(394,718	)	(349.5	)	(25,689	)	87.5		(128,640	)	109.8
Other	(49	)	—		(917	)	3.1		(1,194	)	1.0
Tax benefit	(374,204	)	(331.3	)	(69,161	)	235.5		(113,813	)	97.1



*	Due to rounding, amounts may not add.

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The following table provides information regarding the (benefit) provision for income taxes for each of the fiscal years ended October 31, 2012, 2011 and 2010 (amounts in thousands).



	2012			2011			2010
Federal	$	(329,277	)	$	(21,517	)	$	(67,318	)
State	(44,927		)	(47,644		)	(46,495		)
	$	(374,204	)	$	(69,161	)	$	(113,813	)

Current	$	(21,296	)	$	(43,212	)	$	(156,985	)
Deferred	(352,908		)	(25,949		)	43,172
	$	(374,204	)	$	(69,161	)	$	(113,813	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2012, 2011 and 2010 (amounts in thousands).



	2012			2011			2010
Balance, beginning of year	$	104,669		$	160,446		$	171,366
Increase in benefit as a result of tax positions taken in prior years	5,000			8,168			14,251
Increase in benefit as a result of tax positions taken in current year	5,489						15,675
Decrease in benefit as a result of settlements	—			(17,954		)
Decrease in benefit as a result of completion of audits	(1,782		)	(33,370		)
Decrease in benefit as a result of lapse of statute of limitation	(32,385		)	(12,621		)	(40,846		)
Balance, end of year	$	80,991		$	104,669		$	160,446

Tax Benefits potential interest and penalties

The following table provides information as to the amounts recognized in its tax provision, before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the twelve-month periods ended October 31, 2012, 2011 and 2010, and the amounts accrued for potential interest and penalties at October 31, 2012 and 2011 (amounts in thousands).



Expense recognized in statements of operations
Fiscal year
2012	$	5,000
2011	$	4,700
2010	$	14,300



Accrued at:
October 31, 2012	$	24,906
October 31, 2011	$	29,200

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of net deferred tax assets and liabilities at October 31, 2012 and 2011 are set forth below (amounts in thousands).



	2012			2011*
Deferred tax assets:
Accrued expenses	$	57,734		$	59,411
Impairment charges	319,818			368,459
Inventory valuation differences	29,288			30,802
Stock-based compensation expense	44,336			38,454
Amounts related to unrecognized tax benefits	36,934			47,387
State tax, net operating loss carryforward	50,006			52,323
Federal tax net operating loss carryforward	25,170			11,232
Other	20,169			11,783
Total assets	583,455			619,851
Deferred tax liabilities:
Capitalized interest	102,713			84,915
Deferred income	6,608			7,771
Expenses taken for tax purposes not for book	36,811			58,502
Depreciation	3,994			2,344
Deferred marketing	18,229			14,557
Total liabilities	168,355			168,089
Net deferred tax assets before valuation allowances	415,100			451,762
Cumulative valuation allowance - state	(57,044		)	(89,142		)
Cumulative valuation allowance - federal				(362,620		)
Net deferred tax assets	$	358,056		$	—


*	To conform to the current period presentation, the October 31, 2011 amounts reflect adjustments to certain deferred amounts by $24.4 million with a corresponding adjustment to the related valuation allowances.