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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flow provided by (used in) operating activities:    
Net income $ 96,499 $ 56,876
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 16,876 14,667
Stock-based compensation 12,834 13,383
Income (Loss) from unconsolidated entities (1,194) (12,141)
Distributions of earnings from unconsolidated entities 1,080 14,703
Deferred tax (benefit) provision 1,277 751
Inventory impairments and write-offs 1,267 1,031
Gain (Loss) on Disposition of Assets (38,279)
Other 3,617 1,091
Changes in operating assets and liabilities    
Inventory (274,327) (303,384)
Origination of mortgage loans (376,036) (316,852)
Sale of mortgage loans 478,982 422,376
Receivables, prepaid expenses and other assets 34,733 (172,153)
Income Taxes Receivable (3,520) (36,131)
Customer deposits, net 60,580 34,058
Accounts payable and accrued expenses 40,835 (84,691)
Income taxes payable 99
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 55,323 (366,416)
Cash flow (used in) provided by investing activities:    
Purchase of property and equipment - net (14,496) (26,839)
Investments in and advances to unconsolidated entities (112,828) (4,909)
Return of investments in unconsolidated entities 37,853 28,983
Proceeds from sales of golf club property and an office building 79,356
Other investing changes 334 649
Net Cash (Used in) Provided By Investing Activities, Continuing Operations (9,781) (2,116)
Cash flow used in financing activities:    
Proceeds from loans payable 597,973 702,729
Repayments of loans payable (847,415) (608,481)
Redemption of senior notes (10,020)
(Payments) proceeds from stock-based benefit plans (4,397) 4,235
Purchase of treasury stock (179,395) (476,024)
Dividends paid (14,285) (14,956)
Proceeds from (Payments to) Noncontrolling Interests (4,728) 44
Net Cash Used in Financing Activities, Continuing Operations (462,267) (392,453)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (416,725) (760,985)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period 1,396,604 1,319,643
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period $ 979,879 $ 558,658