Information on Segments (Tables)

12 Months Ended

Oct. 31, 2019

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, 2019 and 2018, are shown in the table below (amounts in thousands):

	2019		2018
Traditional Home Building:
North	$	917,506	$	970,854
Mid-Atlantic	1,177,387		1,130,417
South	1,412,563		1,237,744
West	2,057,389		1,580,199
California	2,339,677		2,733,956
Traditional Home Building	7,904,522		7,653,170
City Living	529,507		516,238
Corporate and other	2,394,109		2,075,182
	$	10,828,138	$	10,244,590

“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, income tax receivable, 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, 2019, 2018, and 2017 (amounts in thousands):

	Revenue							Income (loss) before income taxes
	2019			2018		2017		2019			2018			2017
Traditional Home Building:
North	$	923,299		$	975,648	$	775,540	$	55,897		$	56,530		$	50,393
Mid-Atlantic	1,112,817			1,141,130		1,030,269		64,739			90,573			105,740
South	1,244,571			1,045,395		923,953		117,533			110,304			112,809
West	1,418,041			1,451,353		1,151,697		170,389			213,269			153,188
California	2,129,461			2,208,733		1,550,494		452,350			494,247			345,138
Traditional Home Building	6,828,189			6,822,259		5,431,953		860,908			964,923			767,268
City Living	253,189			320,999		383,105		70,133			78,149			193,852
Corporate and other	(999		)					(143,871		)	(109,156		)	(146,809		)
Total home sales revenue	7,080,379			7,143,258		5,815,058		787,170			933,916			814,311
Land sales revenue	143,587			—		—
Total revenue	$	7,223,966		$	7,143,258	$	5,815,058	$	787,170		$	933,916		$	814,311

“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, 2019
Traditional Home Building:
North	$	24,575	$	64,129	$	764,015	$	852,719
Mid-Atlantic	53,375		96,634		964,188		1,114,197
South	15,622		134,697		1,056,384		1,206,703
West	25,340		34,165		1,924,387		1,983,892
California	64,017		353,186		1,842,935		2,260,138
Traditional Home Building	182,929		682,811		6,551,909		7,417,649
City Living			185,391		270,008		455,399
	$	182,929	$	868,202	$	6,821,917	$	7,873,048
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

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, 2019, 2018, and 2017, are shown in the table below (amounts in thousands):

	2019		2018		2017
Traditional Home Building:
North	$	17,488	$	19,698	$	6,528
Mid-Atlantic	8,514		9,818		6,905
South	9,457		3,802		1,184
West	1,074		907		106
California	1,027		147		43
Traditional Home Building	37,560		34,372		14,766
City Living	4,800		15		28
Corporate and other			769
	$	42,360	$	35,156	$	14,794

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,
	2019		2018		2019			2018			2017
Traditional Home Building:
Mid-Atlantic	$	8,525	$	7,823				$	(4,000	)	$	(2,000	)
South	91,956		84,610		19,098			$	12,263		$	9,185
West								(63		)	2,529
California	9,825		84,160		(37		)	2,404			7,509
Traditional Home Building	110,306		176,593		19,061			10,604			17,223
City Living	60,512		65,936		4,103			6,857			73,123
Corporate and other	195,434		189,284		1,704			67,779			25,720
	$	366,252	$	431,813	$	24,868		$	85,240		$	116,066

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