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Information on Segments | 12 Months Ended
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Oct. 31, 2017
Segment Reporting [Abstract] |
Information on Segments | Information on Segments The table below summarizes revenue and income (loss) before income taxes for our segments for each of the fiscal years ended October 31, 2017, 2016, and 2015 (amounts in thousands):
| Revenue |  | Income (loss) before income taxes
| 2017 |  | 2016 |  | 2015 |  | 2017 |  | 2016 |  | 2015
Traditional Home Building: |  |  |  |  |  |  |  |  |  |  |
North | $ | 775,540 |  |  | $ | 814,519 |  |  | $ | 702,175 |  |  | $ | 50,393 |  |  | $ | 77,017 |  |  | $ | 59,172 |
Mid-Atlantic | 1,030,269 |  |  | 895,736 |  |  | 845,328 |  |  | 105,740 |  |  | (29,361 | ) |  | 69,093 |
South | 923,953 |  |  | 849,548 |  |  | 892,303 |  |  | 112,809 |  |  | 128,613 |  |  | 152,991 |
West | 1,151,697 |  |  | 903,691 |  |  | 665,282 |  |  | 153,188 |  |  | 127,265 |  |  | 106,365 |
California | 1,550,494 |  |  | 1,448,546 |  |  | 750,036 |  |  | 345,138 |  |  | 335,173 |  |  | 139,133 |
Traditional Home Building | 5,431,953 |  |  | 4,912,040 |  |  | 3,855,124 |  |  | 767,268 |  |  | 638,707 |  |  | 526,754 |
City Living | 383,105 |  |  | 257,468 |  |  | 316,124 |  |  | 193,852 |  |  | 91,109 |  |  | 124,290 |
Corporate and other |  |  |  |  |  |  | (146,809 | ) |  | (140,789 | ) |  | (115,482 | )
| $ | 5,815,058 |  |  | $ | 5,169,508 |  |  | $ | 4,171,248 |  |  | $ | 814,311 |  |  | $ | 589,027 |  |  | $ | 535,562 |
“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 segments at October 31, 2017 and 2016, are shown in the table below (amounts in thousands):
| 2017 |  | 2016
Traditional Home Building: |  |  |
North | $ | 1,074,969 |  |  | $ | 1,020,250 |
Mid-Atlantic | 1,121,013 |  |  | 1,166,023 |
South | 1,184,956 |  |  | 1,203,554 |
West | 1,275,298 |  |  | 1,130,625 |
California | 2,630,041 |  |  | 2,479,885 |
Traditional Home Building | 7,286,277 |  |  | 7,000,337 |
City Living | 647,174 |  |  | 946,738 |
Corporate and other | 1,511,774 |  |  | 1,789,714 |
| $ | 9,445,225 |  |  | $ | 9,736,789 |
“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash and investments, deferred tax assets, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments, manufacturing facilities, and mortgage and title subsidiaries. Inventory for each of our 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 October 31, 2017 |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 23,944 |  |  | $ | 130,964 |  |  | $ | 869,764 |  |  | $ | 1,024,672 |
Mid-Atlantic | 32,674 |  |  | 87,642 |  |  | 950,982 |  |  | 1,071,298 |
South | 8,892 |  |  | 51,391 |  |  | 951,887 |  |  | 1,012,170 |
West | 12,087 |  |  | 89,184 |  |  | 1,154,004 |  |  | 1,255,275 |
California | 5,550 |  |  | 640,306 |  |  | 1,769,274 |  |  | 2,415,130 |
Traditional Home Building | 83,147 |  |  | 999,487 |  |  | 5,695,911 |  |  | 6,778,545 |
City Living | 4,011 |  |  | 143,383 |  |  | 355,514 |  |  | 502,908 |
| $ | 87,158 |  |  | $ | 1,142,870 |  |  | $ | 6,051,425 |  |  | $ | 7,281,453 |
Balances at October 31, 2016 |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 20,671 |  |  | $ | 79,299 |  |  | $ | 883,195 |  |  | $ | 983,165 |
Mid-Atlantic | 30,967 |  |  | 109,551 |  |  | 982,482 |  |  | 1,123,000 |
South | 6,024 |  |  | 96,900 |  |  | 927,400 |  |  | 1,030,324 |
West | 7,724 |  |  | 191,995 |  |  | 906,334 |  |  | 1,106,053 |
California | 5,337 |  |  | 989,689 |  |  | 1,293,509 |  |  | 2,288,535 |
Traditional Home Building | 70,723 |  |  | 1,467,434 |  |  | 4,992,920 |  |  | 6,531,077 |
City Living | 1,006 |  |  | 416,712 |  |  | 405,172 |  |  | 822,890 |
| $ | 71,729 |  |  | $ | 1,884,146 |  |  | $ | 5,398,092 |  |  | $ | 7,353,967 |
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, 2017, 2016, and 2015, are shown in the table below (amounts in thousands):
| 2017 |  | 2016 |  | 2015
Traditional Home Building: |  |  |  |  |
North | $ | 6,528 |  |  | $ | 7,579 |  |  | $ | 15,033 |
Mid-Atlantic | 6,905 |  |  | 2,076 |  |  | 19,488 |
South | 1,184 |  |  | 3,316 |  |  | 720 |
West | 106 |  |  | 746 |  |  | 420 |
California | 43 |  |  |  |  |  |  |
Traditional Home Building | 14,766 |  |  | 13,717 |  |  | 35,661 |
City Living | 28 |  |  | 90 |  |  | 48 |
| $ | 14,794 |  |  | $ | 13,807 |  |  | $ | 35,709 |
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 entities |  | Equity in earnings (losses) from unconsolidated entities
|  | At October 31, |  | Year ended October 31,
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2015
Traditional Home Building: |  |  |  |  |  |  |  |  |  |
Mid-Atlantic |  | $ | 11,093 |  |  | $ | 12,639 |  |  | $ | (2,000 | ) |  |  |  |  |  |
South |  | 85,757 |  |  | 93,182 |  |  | 9,185 |  |  | $ | 11,013 |  |  | $ | 11,074 |
West |  |  |  |  |  |  |  | 2,529 |  |  | 2,921 |  |  | 447 |
California |  | 148,499 |  |  | 130,534 |  |  | 7,509 |  |  | 5,896 |  |  | 5,089 |
Traditional Home Building |  | 245,349 |  |  | 236,355 |  |  | 17,223 |  |  | 19,830 |  |  | 16,610 |
City Living |  | 92,904 |  |  | 85,882 |  |  | 73,123 |  |  | 13,184 |  |  | (1,158 | )
Corporate and other |  | 143,505 |  |  | 174,174 |  |  | 25,720 |  |  | 7,734 |  |  | 5,667 |
|  | $ | 481,758 |  |  | $ | 496,411 |  |  | $ | 116,066 |  |  | $ | 40,748 |  |  | $ | 21,119 |
“Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Gibraltar Joint Ventures.

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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