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Information on Operating Segments | 9 Months Ended
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Jul. 31, 2015
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Information on Operating Segments We operate in two reportable segments: traditional home building and urban infill. We build and sell homes in traditional home building markets consisting of detached and attached homes in luxury residential communities located in affluent suburban markets that cater to move-up, empty-nester, active-adult, age-qualified, and second-home buyers in the United States (“Traditional Home Building”). We also build and sell homes in urban infill markets through Toll Brothers City Living® (“City Living”). We have determined that our 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, and Texas West: Arizona, California, Colorado, Nevada, and Washington Revenue and income (loss) before income taxes for each of our reportable and geographic segments, for the periods indicated, were as follows (amounts in thousands):
| Nine months ended July 31, |  | Three months ended July 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Revenues: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 463,159 |  |  | $ | 428,415 |  |  | $ | 180,705 |  |  | $ | 163,530 |
Mid-Atlantic | 579,195 |  |  | 552,362 |  |  | 228,304 |  |  | 202,791 |
South | 611,288 |  |  | 576,589 |  |  | 233,504 |  |  | 239,902 |
West | 895,397 |  |  | 889,476 |  |  | 324,988 |  |  | 381,640 |
Traditional Home Building | 2,549,039 |  |  | 2,446,842 |  |  | 967,501 |  |  | 987,863 |
City Living | 185,007 |  |  | 114,070 |  |  | 60,510 |  |  | 68,994 |
Total | $ | 2,734,046 |  |  | $ | 2,560,912 |  |  | $ | 1,028,011 |  |  | $ | 1,056,857 |
Income (loss) before income taxes: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 27,918 |  |  | $ | 34,892 |  |  | $ | 14,487 |  |  | $ | 17,740 |
Mid-Atlantic | 50,251 |  |  | 72,427 |  |  | 9,432 |  |  | 26,518 |
South | 100,960 |  |  | 77,642 |  |  | 38,360 |  |  | 36,690 |
West | 145,495 |  |  | 153,371 |  |  | 53,866 |  |  | 73,859 |
Traditional Home Building | 324,624 |  |  | 338,332 |  |  | 116,145 |  |  | 154,807 |
City Living | 80,314 |  |  | 35,351 |  |  | 22,309 |  |  | 26,387 |
Corporate and other | (86,919 | ) |  | (57,639 | ) |  | (30,990 | ) |  | (29,869 | )
Total | $ | 318,019 |  |  | $ | 316,044 |  |  | $ | 107,464 |  |  | $ | 151,325 |
“Corporate and other” is comprised principally of general corporate expenses such as the offices of our executive officers; 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 Gibraltar; and income from a number of our unconsolidated entities. Total assets for each of our reportable and geographic segments, as of the dates indicated, are shown in the table below (amounts in thousands):
| July 31, 2015 |  | October 31, 2014
Traditional Home Building: |  |  |
North | $ | 1,082,469 |  |  | $ | 1,053,787 |
Mid-Atlantic | 1,278,025 |  |  | 1,267,563 |
South | 1,243,930 |  |  | 1,165,600 |
West | 2,911,580 |  |  | 2,676,164 |
Traditional Home Building | 6,516,004 |  |  | 6,163,114 |
City Living | 898,451 |  |  | 834,949 |
Corporate and other | 1,216,440 |  |  | 1,418,839 |
Total | $ | 8,630,895 |  |  | $ | 8,416,902 |
“Corporate and other” is comprised principally of cash and cash equivalents, marketable securities, restricted cash, deferred tax assets, the assets of our Gibraltar investments, manufacturing facilities, and our mortgage subsidiary. Inventory for each of our reportable and geographic segments, as of the dates indicated, is shown in the table below (amounts in thousands):
| Land controlled for future communities |  | Land owned for future communities |  | Operating communities |  | Total
Balances at April 30, 2015: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 12,097 |  |  | $ | 176,753 |  |  | $ | 865,117 |  |  | $ | 1,053,967 |
Mid-Atlantic | 32,616 |  |  | 251,726 |  |  | 953,884 |  |  | 1,238,226 |
South | 4,223 |  |  | 286,806 |  |  | 776,280 |  |  | 1,067,309 |
West | 26,136 |  |  | 1,140,623 |  |  | 1,649,494 |  |  | 2,816,253 |
Traditional Home Building | 75,072 |  |  | 1,855,908 |  |  | 4,244,775 |  |  | 6,175,755 |
City Living | 1,299 |  |  | 488,797 |  |  | 325,027 |  |  | 815,123 |
| $ | 76,371 |  |  | $ | 2,344,705 |  |  | $ | 4,569,802 |  |  | $ | 6,990,878 |
Balances at October 31, 2014: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 12,007 |  |  | $ | 171,780 |  |  | $ | 834,266 |  |  | $ | 1,018,053 |
Mid-Atlantic | 29,169 |  |  | 209,506 |  |  | 994,859 |  |  | 1,233,534 |
South | 10,971 |  |  | 219,904 |  |  | 793,835 |  |  | 1,024,710 |
West | 22,122 |  |  | 1,391,028 |  |  | 1,177,820 |  |  | 2,590,970 |
Traditional Home Building | 74,269 |  |  | 1,992,218 |  |  | 3,800,780 |  |  | 5,867,267 |
City Living | 48,264 |  |  | 363,656 |  |  | 211,134 |  |  | 623,054 |
| $ | 122,533 |  |  | $ | 2,355,874 |  |  | $ | 4,011,914 |  |  | $ | 6,490,321 |
The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each our of geographic segments, for the periods indicated, are shown in the table below (amounts in thousands):
| Nine months ended July 31, |  | Three months ended July 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 14,347 |  |  | $ | 3,198 |  |  | $ | 2,805 |  |  | $ | 51 |
Mid-Atlantic | 15,793 |  |  | 5,865 |  |  | 15,158 |  |  | 5,539 |
South | 720 |  |  | 704 |  |  | 6 |  |  | 365 |
West | 419 |  |  | 131 |  |  |  |  |  | 37 |
Total | $ | 31,279 |  |  | $ | 9,898 |  |  | $ | 17,969 |  |  | $ | 5,992 |
Investments in unconsolidated entities for each of our reportable and geographic segments, as of the dates indicated, are shown in the table below (amounts in thousands):
|  | July 31, 2015 |  | October 31, 2014
Traditional Home Building: |  |  |  |
Mid-Atlantic |  | $ | 12,167 |  |  | $ | 11,841 |
South |  | 99,888 |  |  | 98,362 |
West |  | 53,140 |  |  | 59,573 |
Traditional Home Building |  | 165,195 |  |  | 169,776 |
City Living |  | 49,488 |  |  | 159,953 |
Corporate and other |  | 120,242 |  |  | 117,349 |
Total |  | $ | 334,925 |  |  | $ | 447,078 |
“Corporate and other” is comprised of our investments in the Rental Property Joint Ventures (including the Trust and Trust II) and the Structured Asset Joint Venture. In the first quarter of fiscal 2015, a Rental Property Joint Venture that was previously included in the Mid-Atlantic geographic segment was reclassified to “Corporate and other.” Our investment balance in this joint venture at October 31, 2014, of $12.4 million, was reclassified in the table above to conform to the fiscal 2015 presentation.

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- 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 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: 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=51669610&loc=d3e9038-108599 Reference 3: 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=51669610&loc=d3e8971-108599 Reference 4: 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=51669610&loc=d3e8595-108599 Reference 5: 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=51669610&loc=d3e8380-108599 Reference 6: 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=51669610&loc=d3e8933-108599 Reference 7: 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=51669610&loc=d3e8844-108599 Reference 8: 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=51669610&loc=d3e8984-108599 Reference 9: 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=51669610&loc=d3e9031-108599 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=51669610&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 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: 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=51669610&loc=d3e8864-108599 Reference 13: 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=51669610&loc=d3e8924-108599 Reference 14: 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=51669610&loc=d3e8906-108599 + Details
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