Information on Segments (Tables)

12 Months Ended

Oct. 31, 2018

Segment Reporting [Abstract]

Revenue and income (loss) before income taxes and total assets [Table Text Block]

Total assets for each of our segments at October 31, 2018 and 2017, are shown in the table below (amounts in thousands):

	2018		2017
Traditional Home Building:
North	$	970,854	$	1,074,969
Mid-Atlantic	1,130,417		1,121,013
South	1,237,744		1,184,956
West	1,580,199		1,275,298
California	2,733,956		2,630,041
Traditional Home Building	7,653,170		7,286,277
City Living	516,238		647,174
Corporate and other	2,075,182		1,511,774
	$	10,244,590	$	9,445,225

“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, deferred tax assets, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments and operations, manufacturing facilities, and our mortgage and title subsidiaries.

The table below summarizes revenue and income (loss) before income taxes for our segments for each of the fiscal years ended October 31, 2018, 2017, and 2016 (amounts in thousands):

	Revenue						Income (loss) before income taxes
	2018		2017		2016		2018			2017			2016
Traditional Home Building:
North	$	975,648	$	775,540	$	814,519	$	56,530		$	50,393		$	77,017
Mid-Atlantic	1,141,130		1,030,269		895,736		90,573			105,740			(29,361		)
South	1,045,395		923,953		849,548		110,304			112,809			128,613
West	1,451,353		1,151,697		903,691		213,269			153,188			127,265
California	2,208,733		1,550,494		1,448,546		494,247			345,138			335,173
Traditional Home Building	6,822,259		5,431,953		4,912,040		964,923			767,268			638,707
City Living	320,999		383,105		257,468		78,149			193,852			91,109
Corporate and other							(109,156		)	(146,809		)	(140,789		)
	$	7,143,258	$	5,815,058	$	5,169,508	$	933,916		$	814,311		$	589,027

“Corporate and other” is comprised principally of general corporate expenses such as the offices of our executive officers; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including Gibraltar; and income from our Rental Property Joint Ventures and Gibraltar Joint Ventures.

Schedule of inventory, by segment [Table Text Block]

Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands):

	Land controlled for future communities		Land owned for future communities		Operating communities		Total
Balances at October 31, 2018
Traditional Home Building:
North	$	17,414	$	99,383	$	803,692	$	920,489
Mid-Atlantic	48,553		123,218		906,990		1,078,761
South	12,305		95,309		957,321		1,064,935
West	22,905		109,671		1,419,989		1,552,565
California	32,441		391,221		2,146,370		2,570,032
Traditional Home Building	133,618		818,802		6,234,362		7,186,782
City Living	6,367		97,814		307,256		411,437
	$	139,985	$	916,616	$	6,541,618	$	7,598,219
Balances at October 31, 2017
Traditional Home Building:
North	$	23,944	$	130,964	$	869,764	$	1,024,672
Mid-Atlantic	32,674		87,642		950,982		1,071,298
South	8,892		51,391		951,887		1,012,170
West	12,087		89,184		1,154,004		1,255,275
California	5,550		640,306		1,769,274		2,415,130
Traditional Home Building	83,147		999,487		5,695,911		6,778,545
City Living	4,011		143,383		355,514		502,908
	$	87,158	$	1,142,870	$	6,051,425	$	7,281,453

Schedule of inventory impairments, by segment [Table Text Block]

The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the years ended October 31, 2018, 2017, and 2016, are shown in the table below (amounts in thousands):

	2018		2017		2016
Traditional Home Building:
North	$	19,698	$	6,528	$	7,579
Mid-Atlantic	9,818		6,905		2,076
South	3,802		1,184		3,316
West	907		106		746
California	147		43
Traditional Home Building	34,372		14,766		13,717
City Living	15		28		90
Corporate and other	769
	$	35,156	$	14,794	$	13,807

Schedule of investments in unconsolidated entities and equity in earnings (losses) from unconsolidated entities, by segment [Table Text Block]

The net carrying value of our investments in unconsolidated entities and our equity in earnings (losses) from such investments, for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands):

	Investments in unconsolidated entities				Equity in earnings (losses) from unconsolidated entities
	At October 31,				Year ended October 31,
	2018		2017		2018			2017			2016
Traditional Home Building:
Mid-Atlantic	$	7,823	$	11,093	$	(4,000	)	$	(2,000	)
South	84,610		85,757		12,263			$	9,185		$	11,013
West					(63		)	2,529			2,921
California	84,160		148,499		2,404			7,509			5,896
Traditional Home Building	176,593		245,349		10,604			17,223			19,830
City Living	65,936		92,904		6,857			73,123			13,184
Corporate and other	189,284		143,505		67,779			25,720			7,734
	$	431,813	$	481,758	$	85,240		$	116,066		$	40,748

“Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Gibraltar Joint Ventures.