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Information on Segments (Tables)
 12 Months Ended
Oct. 31, 2023
Segment Reporting [Abstract]  
Revenue and income (loss) before income taxes and total assets [Table Text Block]
The table below summarizes revenue and income (loss) before income taxes for our segments for each of the fiscal years ended October 31, 2023, 2022, and 2021 (amounts in thousands).
 RevenueIncome (loss) before income taxes
 202320222021202320222021
North$1,494,127 $1,853,720 $2,011,896 $197,414 $280,829 $313,694 
Mid-Atlantic1,175,348 1,148,966 1,076,900 243,464 189,485 128,494 
South2,204,763 1,519,600 1,183,272 416,711 249,665 153,799 
Mountain2,660,746 2,747,783 2,003,045 517,080 509,512 276,360 
Pacific2,329,365 2,441,959 2,156,114 610,126 572,844 382,855 
Total home building9,864,349 9,712,028 8,431,227 1,984,795 1,802,335 1,255,202 
Corporate and other (1)
1,677 (858)519 (142,424)(98,609)(154,887)
9,866,026 9,711,170 8,431,746 1,842,371 1,703,726 1,100,315 
Land sales and other revenue128,911 564,388 358,615 
Total consolidated$9,994,937 $10,275,558 $8,790,361 $1,842,371 $1,703,726 $1,100,315 
(1) Included in our fourth quarter of fiscal 2022 is a $141.2 million net gain related to a favorable litigation settlement as further discussed in Note 15, “Other Income - Net”.
“Corporate and other” is comprised principally of general corporate expenses such as our executive offices; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including our apartment rental development business and our high-rise urban luxury condominium operations; and income from our Rental Property Joint Ventures and Gibraltar Joint Ventures.
Total assets for each of our segments at October 31, 2023 and 2022, are shown in the table below (amounts in thousands):
20232022
North$1,281,479 $1,464,995 
Mid-Atlantic1,323,381 1,049,043 
South2,399,055 2,137,568 
Mountain2,666,874 2,785,603 
Pacific2,175,776 2,174,065 
Total home building9,846,565 9,611,274 
Corporate and other2,680,453 2,677,440 
Total consolidated$12,527,018 $12,288,714 
“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments and operations, manufacturing facilities, our apartment rental development and high-rise urban luxury condominium businesses, and our mortgage and title subsidiaries.
Schedule of inventory, by segment [Table Text Block]
Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands):
Land controlled for future communitiesLand owned for future communitiesOperating communitiesTotal
Balances at October 31, 2023
North$32,762 $31,253 $1,031,625 $1,095,640 
Mid-Atlantic34,175 135,042 1,089,270 1,258,487 
South40,335 198,467 1,908,468 2,147,270 
Mountain12,443 129,326 2,426,113 2,567,882 
Pacific53,460 169,325 1,765,514 1,988,299 
Total consolidated$173,175 $663,413 $8,220,990 $9,057,578 
Balances at October 31, 2022
North$25,876 $125,762 $1,142,060 $1,293,698 
Mid-Atlantic50,425 245,208 700,844 996,477 
South67,173 190,081 1,570,059 1,827,313 
Mountain15,890 119,315 2,523,027 2,658,232 
Pacific81,387 128,485 1,747,734 1,957,606 
Total consolidated$240,751 $808,851 $7,683,724 $8,733,326 
Schedule of inventory impairments, by segment [Table Text Block]
The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the years ended October 31, 2023, 2022, and 2021, are shown in the table below (amounts in thousands):
 202320222021
North$677 $11,860 $12,194 
Mid-Atlantic15,898 3,369 12,022 
South1,766 3,391 662 
Mountain5,662 4,091 379 
Pacific6,703 10,030 1,278 
Total consolidated$30,706 $32,741 $26,535 
In the year ended October 31, 2023, we recognized $30.6 million of land impairment charges included in land sales and other cost of revenues, of which $15.6 million, $10.3 million, $2.2 million, and $2.5 million were in our North, Mid-Atlantic, Pacific
and Corporate and other segments, respectively. In the year ended October 31, 2022 we recognized $6.8 million of land impairment charges included in land sales and other cost of revenues in our North segment.
Schedule of investments in unconsolidated entities and equity in earnings (losses) from unconsolidated entities, by segment [Table Text Block]
The net carrying value of our investments in unconsolidated entities and our equity in earnings (losses) from such investments, for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands):
Investments in unconsolidated entitiesEquity in earnings (losses) from
unconsolidated entities
At October 31,Year ended October 31,
20232022202320222021
North$65,285 $49,385 $972 $1,068 $(641)
Mid-Atlantic19,807 26,171 283 (405)5,953 
South169,004 174,901 13,520 20,065 12,619 
Mountain61,363 53,046 (211)494 — 
Pacific100,980 89,196 (414)248 (17)
Total home building416,439 392,699 14,150 21,470 17,914 
Corporate and other542,602 459,615 35,948 2,253 56,121 
Total consolidated$959,041 $852,314 $50,098 $23,723 $74,035 
“Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Gibraltar Joint Ventures.