Accrued Expenses (Tables)

6 Months Ended

Apr. 30, 2022

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at April 30, 2022 and October 31, 2021 consisted of the following (amounts in thousands):

	April 30, 2022		October 31, 2021
Land, land development, and construction	$	285,161	$	310,996
Compensation and employee benefits	194,952		232,161
Escrow liability	44,735		36,107
Self-insurance	237,023		236,369
Warranty	143,991		145,062
Lease liabilities	122,700		116,248
Deferred revenue	86,575		36,638
Interest	31,316		34,033
Commitments to unconsolidated entities	22,260		22,150
Treasury share purchases	8,003		—
Other	56,109		50,471
	$	1,232,825	$	1,220,235

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 April 30,				Six months ended April 30,
	2022		2021		2022		2021
Balance, beginning of period	$	143,043	$	150,878	$	145,062	$	157,351
Additions – homes closed during the period	13,745		11,309		23,200		18,711
Increase in accruals for homes closed in prior years – net	715		3,696		3,672		4,891
Charges incurred	(13,512)		(12,243)		(27,943)		(27,313)
Balance, end of period	$	143,991	$	153,640	$	143,991	$	153,640