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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash flow provided by (used in) operating activities:    
Net income $ 151,904 $ 96,499
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 14,679 16,876
Stock-based compensation 13,615 12,834
Income (Loss) from unconsolidated entities (22,037) (1,194)
Distributions of earnings from unconsolidated entities 23,502 1,080
Deferred tax (benefit) provision 2,408 1,277
Inventory impairments and write-offs 2,233 1,267
Gain (Loss) on Disposition of Assets 0 (38,279)
Other 2,372 3,617
Changes in operating assets and liabilities    
Inventory (565,482) (274,327)
Payments for Origination of Mortgage Loans Held-for-sale (412,955) (376,036)
Sale of mortgage loans 520,370 478,982
Receivables, prepaid expenses and other assets (6,557) 34,733
Current income taxes, net (48,074) (3,421)
Customer deposits, net 77,618 60,580
Accounts payable and accrued expenses (34,294) 40,835
Net Cash Provided by (Used in) Operating Activities, Continuing Operations (280,698) 55,323
Cash flow (used in) provided by investing activities:    
Purchase of property and equipment - net (18,475) (14,496)
Investments in and advances to unconsolidated entities (109,866) (112,828)
Return of investments in unconsolidated entities 65,792 37,853
Proceeds from sales of golf club property and an office building 0 79,356
Payments for (Proceeds from) Other Investing Activities 194 334
Net Cash (Used in) Provided By Investing Activities, Continuing Operations (62,355) (9,781)
Cash flow used in financing activities:    
Proceeds from loans payable 766,858 597,973
Repayments of loans payable (822,142) (847,415)
Redemption of senior notes (409,856) (10,020)
(Payments) proceeds from stock-based benefit plans (2,701) (4,397)
Purchase of treasury stock (128,069) (179,395)
Dividends paid (21,077) (14,285)
Proceeds from (Payments to) Noncontrolling Interests (61) (4,728)
Net Cash Used in Financing Activities, Continuing Operations (617,048) (462,267)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (960,101) (416,725)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period 1,684,412 1,396,604
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period $ 724,311 $ 979,879