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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash flow used in operating activities:    
Net income $ 70,416 $ 73,180
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 6,030 5,533
Stock-based compensation 9,329 9,223
Excess tax benefits from stock-based compensation (253) (297)
Income (Loss) from unconsolidated entities (46,445) (8,638)
Distributions of earnings from unconsolidated entities 48,581 3,870
Income from distressed loans and foreclosed real estate (630) (1,553)
Deferred tax provision (benefit) 2,328 587
Deferred tax valuation allowances 36 148
Inventory impairments and write-offs 4,661 1,281
Other 2,544 658
Changes in operating assets and liabilities    
Increase in inventory (135,782) (173,440)
Origination of mortgage loans (232,721) (215,674)
Sale of mortgage loans 393,393 265,703
(Increase) decrease in restricted cash and investments 18,846 (12,555)
(Increase) decrease in receivables, prepaid expenses and other assets 83,815 (9,546)
Increase in customer deposits 30,096 14,776
(Decrease) increase in accounts payable and accrued expenses (170,123) 17,523
Increase (decrease) in income taxes payable (42,157) 5,996
Net Cash Used in Operating Activities, Continuing Operations 41,964 (23,225)
Cash flow provided by investing activities:    
Purchase of property and equipment - net (6,314) (1,593)
Sale and redemption of marketable securities 10,000
Investment in and advances to unconsolidated entities (99,941) (11,838)
Return of investments in unconsolidated entities 33,253 14,804
Investment in distressed loans and foreclosed real estate (274) (694)
Return of investments in distressed loans and foreclosed real estate 1,852 5,321
Acquisition of a business, net of cash acquired (85,183)
Net Cash Provided By Investing Activities, Continuing Operations (156,607) 16,000
Cash flow (used in) provided by financing activities:    
Debt issuance costs for senior notes (64)
Proceeds from loans payable 360,382 339,854
Principal payments of loans payable (516,833) (770,539)
Proceeds from stock-based benefit plans 25,831 4,769
Excess Tax Benefit from Share-based Compensation, Financing Activities 253 297
Purchase of treasury stock (15,236) (150,135)
(Payments) receipts related to noncontrolling interest, net 294
Net Cash Used in Financing Activities, Continuing Operations (145,603) (575,524)
Net decrease in cash and cash equivalents (260,246) (582,749)
Cash and cash equivalents, beginning of period 633,715 918,993
Cash and cash equivalents, end of period $ 373,469 $ 336,244