Accrued Expenses (Tables)

9 Months Ended

Jul. 31, 2021

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at July 31, 2021 and October 31, 2020 consisted of the following (amounts in thousands):

	July 31, 2021		October 31, 2020
Land, land development, and construction	$	274,930	$	233,783
Compensation and employee benefits	209,917		219,965
Escrow liability	66,700		23,067
Self-insurance	232,535		215,884
Warranty	150,414		157,351
Lease liabilities	116,613		124,756
Deferred income	35,719		34,096
Interest	46,347		38,446
Commitments to unconsolidated entities	17,745		8,928
Other	48,284		53,920
	$	1,199,204	$	1,110,196

Changes in the warranty accrual

The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands):

	Three months ended July 31,				Nine months ended July 31,
	2021		2020		2021		2020
Balance, beginning of period	$	153,640	$	157,154	$	157,351	$	201,886
Additions – homes closed during the period	10,430		8,975		29,141		23,252
Addition – liabilities assumed in a business acquisition	—		—		—		60
Increase in accruals for homes closed in prior years, net	1,111		2,150		6,002		5,730
Decrease to water intrusion accrual	—		—		—		(24,400)
Charges incurred	(14,767)		(9,880)		(42,080)		(48,129)
Balance, end of period	$	150,414	$	158,399	$	150,414	$	158,399