Accrued Expenses (Tables)

3 Months Ended

Jan. 31, 2023

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at January 31, 2023 and October 31, 2022 consisted of the following (amounts in thousands):

	January 31, 2023		October 31, 2022
Land, land development, and construction	$	352,549	$	334,975
Compensation and employee benefits	147,807		223,609
Escrow liability associated with our wholly owned captive title company	40,965		44,115
Self-insurance	251,529		251,576
Warranty	156,895		164,409
Lease liabilities	143,714		139,664
Deferred income	46,540		50,973
Interest	34,654		31,988
Commitments to unconsolidated entities	28,276		26,905
Other	47,617		77,773
	$	1,250,546	$	1,345,987

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 January 31,
	2023		2022
Balance, beginning of period	$	164,409	$	145,062
Additions – homes closed during the period	7,186		9,455
Change in accruals for homes closed in prior years – net	2,096		2,957
Charges incurred	(16,796)		(14,431)
Balance, end of period	$	156,895	$	143,043