Summary Consolidated Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 31, 2014

Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]

Quarterly Financial Information [Text Block]

Summary Consolidated Quarterly Financial Data (Unaudited)

The table below provides summary income statement data for each quarter of fiscal 2014 and 2013 (amounts in thousands, except per share data):

	Three Months Ended,
	October 31		July 31		April 30		January 31
Fiscal 2014:
Revenue	$	1,350,690	$	1,056,857	$	860,374	$	643,681
Gross profit (a)	$	288,115	$	239,625	$	172,376	$	129,649
Income before income taxes	$	188,538	$	151,325	$	93,484	$	71,235
Net income	$	131,524	$	97,707	$	65,222	$	45,580
Income per share (b)
Basic	$	0.74	$	0.55	$	0.37	$	0.26
Diluted	$	0.71	$	0.53	$	0.35	$	0.25
Weighted-average number of shares
Basic	177,540		178,217		178,082		176,474
Diluted	185,669		186,501		186,442		184,888
Fiscal 2013:
Revenue	$	1,044,534	$	689,160	$	516,004	$	424,601
Gross profit	$	222,273	$	144,071	$	95,991	$	78,664
Income before income taxes	$	150,150	$	68,253	$	40,968	$	8,326
Net income	$	94,905	$	46,595	$	24,674	$	4,432
Income per share (b)
Basic	$	0.56	$	0.28	$	0.15	$	0.03
Diluted	$	0.54	$	0.26	$	0.14	$	0.03
Weighted-average number of shares
Basic	169,440		169,268		169,380		169,064
Diluted	177,952		178,001		178,136		171,903

(a) Gross profit in the fourth quarter of 2014 included charges of $32.0 million associated with stucco-related claims, construction claims, and litigation. See Note 7, “Accrued Expenses,” for additional information regarding certain of these charges.

(b) Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.