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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Cash flow used in operating activities:    
Net income $ 162,234 $ 149,255
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 11,029 11,772
Stock-based compensation 15,081 12,552
Excess tax benefits from stock-based compensation (665) (3,045)
Income Loss from Unconsolidated Entities (17,756) (11,128)
Distributions of earnings from unconsolidated entities 10,230 11,490
Income from distressed loans and foreclosed real estate (1,415) (5,205)
Deferred tax provision 722 7,197
Deferred tax valuation allowances 302 (1,290)
Inventory impairments and write-offs 7,634 13,310
Other 79 245
Changes in operating assets and liabilities    
Increase in inventory (289,735) (201,915)
Origination of mortgage loans (490,279) (382,718)
Sale of mortgage loans 488,890 403,197
(Increase) decrease in restricted cash and investments (12,102) 380
(Increase) decrease in receivables, prepaid expenses and other assets 11,421 (14,387)
Increase in customer deposits 32,416 49,222
(Decrease) increase in accounts payable and accrued expenses 32,845 8,436
Increase (decrease) in income taxes payable 23,189 (85,310)
Net Cash Used in Operating Activities, Continuing Operations (15,880) (37,942)
Cash flow (used in) provided by investing activities:    
Purchase of property and equipment - net (7,324) (5,884)
Sale and redemption of marketable securities 10,000 2,000
Investment in and advances to unconsolidated entities (21,383) (27,705)
Return of investments in unconsolidated entities 28,478 10,637
Investment in distressed loans and foreclosed real estate (866) (1,697)
Return of investments in distressed loans and foreclosed real estate $ 33,435 14,592
Net increase in cash from purchase of joint venture interest 3,848
Net Cash Used in Investing Activities, Continuing Operations $ 42,340 $ (4,209)
Cash flow (used in) provided by financing activities:    
Debt issuance costs for senior notes (43)
Proceeds from loans payable 821,984 $ 529,053
Principal payments of loans payable (1,119,911) (572,838)
Proceeds from stock-based benefit plans 5,003 34,057
Excess Tax Benefit from Share-based Compensation, Financing Activities 665 3,045
Purchase of treasury stock (230,263) (6,616)
(Payments) receipts related to noncontrolling interest, net 290 1,292
Net Cash (Used in) Provided by Financing Activities, Continuing Operations (522,275) (12,007)
Net decrease in cash and cash equivalents (495,815) (54,158)
Cash and cash equivalents, beginning of period 918,993 586,315
Cash and cash equivalents, end of period $ 423,178 $ 532,157