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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Cash flow (used in) provided by operating activities:    
Net income $ 241,374 $ 243,917
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 33,314 12,520
Stock-based compensation 13,916 15,347
Income (Loss) from unconsolidated entities (10,559) (41,444)
Distributions of earnings from unconsolidated entities 13,835 39,508
Income from foreclosed real estate and distressed loans (351) (1,026)
Deferred tax (benefit) provision 2,557 (29,886)
Inventory impairments and write-offs 26,956 17,685
Gain on sales of golf club property and an office building (13,331)
Other 254 754
Changes in operating assets and liabilities    
Increase in inventory (215,141) (540,898)
Origination of mortgage loans (673,032) (575,285)
Sale of mortgage loans 720,231 594,933
(Increase) decrease in receivables, prepaid expenses and other assets (94,837) (97,388)
Increase in customer deposits, net 28,726 40,505
Decrease in accounts payable and accrued expenses (142,959) 14,204
Decrease in income taxes payable (16,631) (19,714)
Net Cash (Used in) Provided by Operating Activities, Continuing Operations (85,678) (326,268)
Cash flow provided by (used in) investing activities:    
Purchase of property and equipment - net (44,941) (6,501)
Investments in and advances to unconsolidated entities (31,560) (10,800)
Return of investments in unconsolidated entities 70,465 54,315
Investment in distressed loans and foreclosed real estate (522) (195)
Return of investments in distressed loans and foreclosed real estate 1,214 3,122
Proceeds from sales of golf club property and an office building 33,539
Net Cash Provided By (Used In) Investing Activities, Continuing Operations 28,195 39,941
Cash flow provided by (used in) financing activities:    
Proceeds from issuance of senior notes 400,000
Debt issuance costs for senior notes (3,410)
Proceeds from loans payable 1,339,641 1,238,283
Debt issuance costs for loans payable (1,948)
Repayments of loans payable (1,131,795) (1,276,148)
Redemption of senior notes (350,000)
(Payments) proceeds from stock-based benefit plans 1,302 9,133
Purchase of treasury stock (25,244) (291,478)
Dividends paid (32,434) (29,090)
Proceeds from (Payments to) Noncontrolling Interests 13
Net Cash Provided By (Used in) Financing Activities, Continuing Operations (200,465) 47,290
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (257,948) (239,037)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period 1,182,939 715,311
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period $ 924,991 $ 476,274