Stockholders' Equity (Tables)

6 Months Ended

Apr. 30, 2023

The table below provides, for the periods indicated, information about our share repurchase programs:


	Three months ended April 30,				Six months ended April 30,
	2023		2022		2023		2022
Number of shares purchased (in thousands)	1,443		2,205		1,630		5,219
Average price per share	$	58.14	$	48.30	$	57.20	$	56.01
Remaining authorization at April 30 (in thousands)	12,947		7,344		12,947		7,344

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss) (“AOCI”), for the periods indicated, were as follows (amounts in thousands):


	Three months ended April 30,				Six months ended April 30,
	2023		2022		2023		2022
Employee Retirement Plans
Beginning balance	$	2,492	$	(5,685)	$	2,475	$	(6,024)



Losses reclassified from AOCI to net income (1)	24		451		47		903
Less: Tax benefit (2)	(6)		(113)		(12)		(226)
Net losses reclassified from AOCI to net income	18		338		35		677
Other comprehensive loss – net of tax	18		338		35		677
Ending balance	$	2,510	$	(5,347)	$	2,510	$	(5,347)
Derivative Instruments
Beginning balance	$	31,662	$	11,496	$	35,143	$	7,133
Gains (losses) on derivative instruments	588		17,616		(3,709)		23,363
Less: Tax (expense) benefit	(138)		(4,425)		948		(5,866)
Net gains (losses) on derivative instruments	450		13,191		(2,761)		17,497
(Gains) losses reclassified from AOCI to net income (3)	(1,000)		106		(1,362)		182
Less: Tax expense (benefit) (2)	253		(27)		345		(46)
Net (gains) losses reclassified from AOCI to net income	(747)		79		(1,017)		136
Other comprehensive (income) loss – net of tax	(297)		13,270		(3,778)		17,633
Ending balance	$	31,365	$	24,766	$	31,365	$	24,766

Total AOCI ending balance	$	33,875	$	19,419	$	33,875	$	19,419

(1) Reclassified to “Other income – net”

(2) Reclassified to “Income tax provision”

(3) Reclassified to “Cost of revenues – home sales”