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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Cash flow provided by (used in) operating activities:    
Net income $ 721,175 $ 511,746
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 35,283 34,093
Stock-based compensation 22,139 17,025
Loss from unconsolidated entities 3,285 9,735
Distributions of earnings from unconsolidated entities 25,412 30,447
Deferred tax provision 7,216 8,646
Impairment charges and write offs 35,400 36,773
Gain (Loss) on Sale of Assets (5,042) 0
Other (973) 2,371
Changes in operating assets and liabilities    
Inventory (679,337) (299,940)
Origination of mortgage loans (876,125) (705,500)
Sale of mortgage loans 851,846 783,959
Receivables, prepaid expenses and other assets (24,817) 4,233
Current income taxes, net 41,722 (127,199)
Customer deposits, net (21,832) (5,541)
Accounts payable and accrued expenses 16,692 (155,277)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 152,044 145,571
Cash flow (used in) provided by investing activities:    
Purchase of property, construction and office equipment - net (29,701) (39,544)
Investments in and advances to unconsolidated entities (99,568) (117,221)
Return of investments in unconsolidated entities 29,302 48,564
Proceeds from the sale of assets 0 9,041
Other (719) 0
Net Cash (Used in) Provided By Investing Activities, Continuing Operations (100,686) (99,160)
Cash flow used in financing activities:    
Proceeds from loans payable 1,693,383 1,652,710
Payments of Debt Issuance Costs 0 (5,265)
Principal payments of loans payable (1,771,103) (1,771,636)
Repayments of Senior Debt 0 (400,000)
(Payments) proceeds from stock-based benefit plans (3,540) 28,286
Purchase of treasury stock (180,083) (93,089)
Dividends paid (47,069) (46,306)
Proceeds from (Payments to) Noncontrolling Interests 167 0
Net Cash Used in Financing Activities, Continuing Operations (308,245) (635,300)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (256,887) (588,889)
Cash, Cash Equivalents, and Restricted Cash , beginning of period 1,344,341 1,398,550
Cash, Cash Equivalents, and Restricted Cash, end of period $ 1,087,454 $ 809,661