XML 63 R22.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Information on Operating Segments | 3 Months Ended
--- | ---
Jan. 31, 2014
Geographic Segments [Abstract] |
Segment Reporting Disclosure [Text Block] | Information on Operating Segments At October 31, 2013, the Company determined that it operates in two segments: Traditional Home Building and Urban Infill ("City Living"). Amounts reported in the prior period have been reclassified to conform to the current period. The Company has determined that its Traditional Home Building operations operate in four geographic segments: North, Mid-Atlantic, South and West. The states comprising each geographic segment are as follows: North: Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York Mid-Atlantic: Delaware, Maryland, Pennsylvania and Virginia South: Florida, North Carolina, South Carolina and Texas West: Arizona, California, Colorado, Nevada and Washington Revenue and income (loss) before income taxes for each of the Company’s reportable segments, for the periods indicated, were as follows (amounts in thousands):
| Three months ended January 31,
| 2014 |  | 2013
Revenues: |  |  |
Traditional Home Building: |  |  |
North | $ | 127,644 |  |  | $ | 82,319 |
Mid-Atlantic | 169,096 |  |  | 129,591 |
South | 150,559 |  |  | 87,185 |
West | 186,226 |  |  | 112,595 |
Traditional Home Building | 633,525 |  |  | 411,690 |
City Living | 10,156 |  |  | 12,911 |
Total | $ | 643,681 |  |  | $ | 424,601 |
Income (loss) before income taxes: |  |  |
Traditional Home Building: |  |  |
North | $ | 8,346 |  |  | $ | 4,720 |
Mid-Atlantic | 21,551 |  |  | 14,850 |
South | 17,368 |  |  | 2,814 |
West | 34,668 |  |  | 8,047 |
Traditional Home Building | 81,933 |  |  | 30,431 |
City Living | (1,058 | ) |  | 2,697 |
Corporate and other | (9,640 | ) |  | (24,802 | )
Total | $ | 71,235 |  |  | $ | 8,326 |
“Corporate and other” is comprised principally of general corporate expenses such as the offices of the Executive Officers of the Company and the corporate finance, accounting, audit, tax, human resources, risk management, marketing and legal groups; interest income and income from certain of the Company’s ancillary businesses, including Gibraltar; and income from a number of the Company's unconsolidated entities. Total assets for each of the Company’s geographic segments, as of the date indicated, are shown in the table below (amounts in thousands).
| January 31, 2014 |  | October 31, 2013
Traditional Home Building: |  |  |
North | $ | 1,000,985 |  |  | $ | 963,597 |
Mid-Atlantic | 1,254,409 |  |  | 1,231,438 |
South | 1,126,470 |  |  | 953,955 |
West | 1,547,449 |  |  | 1,290,388 |
Traditional Home Building | 4,929,313 |  |  | 4,439,378 |
City Living | 781,698 |  |  | 674,302 |
Corporate and other | 2,049,244 |  |  | 1,713,779 |
Total | $ | 7,760,255 |  |  | $ | 6,827,459 |
"Corporate and other" is comprised principally of cash and cash equivalents, marketable securities, restricted cash, deferred tax assets and the assets of the Company’s Gibraltar investments, manufacturing facilities and mortgage subsidiary. The Company provided for inventory impairment charges and the expensing of costs that it believed not to be recoverable and recoveries of prior charges for the periods indicated, as shown in the table below; the net carrying value of inventory and investments in and advances to unconsolidated entities for each of the Company’s geographic segments, as of the dates indicated, are also shown in the table below (amounts in thousands):
| Net Carrying Value |  | Impairments
| At January 31, |  | At October 31, |  | Three months ended January 31,
| 2014 |  | 2013 |  | 2014 |  | 2013
Inventory: |  |  |  |  |  |  |
Land controlled for future communities: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 14,937 |  |  | $ | 16,267 |  |  | $ | 180 |  |  | $ | 88 |
Mid-Atlantic | 28,172 |  |  | 29,423 |  |  | 246 |  |  | 16 |
South | 15,163 |  |  | 14,606 |  |  | 249 |  |  | 355 |
West | 169,919 |  |  | 13,371 |  |  | 7 |  |  | (450 | )
Traditional Home Building | 228,191 |  |  | 73,667 |  |  | 682 |  |  | 9 |
City Living | 26,358 |  |  | 26,135 |  |  |  |  |  |  |
| 254,549 |  |  | 99,802 |  |  | 682 |  |  | 9 |
Land owned for future communities: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | 177,321 |  |  | 135,282 |  |  |  |  |
Mid-Atlantic | 285,761 |  |  | 308,585 |  |  |  |  |
South | 254,989 |  |  | 158,457 |  |  |  |  |  |
West | 460,963 |  |  | 448,125 |  |  |  |  |
Traditional Home Building | 1,179,034 |  |  | 1,050,449 |  |  | — |  |  | — |
City Living | 312,171 |  |  | 237,181 |  |  |  |  |
| 1,491,205 |  |  | 1,287,630 |  |  | — |  |  | — |
Operating communities: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | 788,391 |  |  | 785,175 |  |  | 1,300 |  |  | 500 |
Mid-Atlantic | 911,138 |  |  | 866,256 |  |  |  |  |  |
South | 729,757 |  |  | 690,302 |  |  |  |  |  |
West | 819,421 |  |  | 697,573 |  |  |  |  | 200 |
Traditional Home Building | 3,248,707 |  |  | 3,039,306 |  |  | 1,300 |  |  | 700 |
City Living | 241,186 |  |  | 223,674 |  |  |  |  |
| 3,489,893 |  |  | 3,262,980 |  |  | 1,300 |  |  | 700 |
Total | $ | 5,235,647 |  |  | $ | 4,650,412 |  |  | $ | 1,982 |  |  | $ | 709 |
Investments in and advances to unconsolidated entities: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
Mid-Atlantic | $ | 11,850 |  |  | $ | 11,850 |  |  |  |  |
South | 91,097 |  |  | 50,452 |  |  |  |  |
West | 84,502 |  |  | 110,467 |  |  |  |  |  |  |
Traditional Home Building | 187,449 |  |  | 172,769 |  |  | — |  |  | — |
City Living | 145,748 |  |  | 135,950 |  |  |  |  |  |  |
Corporate and other | 97,418 |  |  | 94,414 |  |  |  |  |
Total | $ | 430,615 |  |  | $ | 403,133 |  |  | $ | — |  |  | $ | — |

X
- Details
Name: | tol_GeographicSegmentsAbstract
Namespace Prefix: | tol_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration