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Other Income - Net
6 Months Ended
Apr. 30, 2017
Other Income and Expenses [Abstract]  
Other Income - net
Other Income – Net
The table below provides the significant components of other income – net (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2017
 
2016
 
2017
 
2016
Interest income
$
1,930

 
$
936

 
$
989

 
$
532

Income from ancillary businesses
6,846

 
7,421

 
4,549

 
3,692

Gibraltar
2,870

 
6,249

 
2,932

 
5,421

Management fee income from unconsolidated entities
7,971

 
4,515

 
3,682

 
2,408

Retained customer deposits
3,054

 
3,669

 
1,308

 
1,556

Income from land sales
5,086

 
4,491

 
1,527

 
493

Other
56

 
1,072

 
123

 
531

Total other income – net
$
27,813

 
$
28,353

 
$
15,110

 
$
14,633


In the six months ended April 30, 2016, our security monitoring business recognized a gain of $1.6 million from a bulk sale of security monitoring accounts in fiscal 2015, which is included in income from ancillary businesses in the table above.
Income from ancillary businesses includes our mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides, for the periods indicated, revenues and expenses for our ancillary businesses (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2017
 
2016
 
2017
 
2016
Revenues
$
60,584

 
$
54,132

 
$
32,056

 
$
29,263

Expenses
$
53,738

 
$
46,711

 
$
27,507

 
$
25,571


The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2017
 
2016
 
2017
 
2016
Revenues
$
146,837

 
$
13,592

 
$
2,123

 
$
2,901

Expenses
(146,205
)
 
(9,101
)
 
(1,932
)
 
(2,408
)
Deferred gain recognized
4,454

 

 
1,336

 

Income from land sales
$
5,086

 
$
4,491

 
$
1,527

 
$
493


Land sale revenues for the six months ended April 30, 2017 includes $143.3 million related to an in substance real estate sale transaction which resulted in a new Home Building Joint Venture in which we have a 20% interest. No gain or loss was realized on the sale. See Note 3, “Investments in Unconsolidated Entities,” for more information on this transaction.