XML 90 R46.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2019
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract] |
Schedule of Quarterly Financial Information [Table Text Block] | The table below provides summary income statement data for each quarter of fiscal 2019 and 2018 (amounts in thousands, except per share data):
| Three Months Ended
| October 31 |  | July 31 |  | April 30 |  | January 31
Fiscal 2019: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
Home sales | $ | 2,292,044 |  |  | $ | 1,756,970 |  |  | $ | 1,712,057 |  |  | $ | 1,319,308 |
Land sales | $ | 86,956 |  |  | $ | 8,721 |  |  | $ | 4,037 |  |  | $ | 43,873 |
Gross profit: |  |  |  |  |  |  |
Home sales | $ | 431,477 |  |  | $ | 355,215 |  |  | $ | 337,710 |  |  | $ | 277,063 |
Land sales | $ | 658 |  |  | $ | 2,489 |  |  | $ | 1,116 |  |  | $ | 9,620 |
Income before income taxes | $ | 272,649 |  |  | $ | 186,916 |  |  | $ | 176,159 |  |  | $ | 151,446 |
Net income | $ | 202,315 |  |  | $ | 146,318 |  |  | $ | 129,324 |  |  | $ | 112,050 |
Earnings per share (a) |  |  |  |  |  |  |
Basic | $ | 1.43 |  |  | $ | 1.01 |  |  | $ | 0.88 |  |  | $ | 0.76 |
Diluted | $ | 1.41 |  |  | $ | 1.00 |  |  | $ | 0.87 |  |  | $ | 0.76 |
Weighted-average number of shares |  |  |  |  |  |  |
Basic | 141,909 |  |  | 144,750 |  |  | 146,622 |  |  | 146,751 |
Diluted | 143,567 |  |  | 146,275 |  |  | 148,129 |  |  | 148,032 |
Fiscal 2018: |  |  |  |  |  |  |
Revenue | $ | 2,455,238 |  |  | $ | 1,913,353 |  |  | $ | 1,599,199 |  |  | $ | 1,175,468 |
Gross profit | $ | 524,487 |  |  | $ | 403,734 |  |  | $ | 301,042 |  |  | $ | 240,988 |
Income before income taxes | $ | 396,473 |  |  | $ | 253,097 |  |  | $ | 152,748 |  |  | $ | 131,598 |
Net income | $ | 310,976 |  |  | $ | 193,258 |  |  | $ | 111,810 |  |  | $ | 132,107 |
Earnings per share (a) |  |  |  |  |  |  |
Basic | $ | 2.10 |  |  | $ | 1.28 |  |  | $ | 0.73 |  |  | $ | 0.85 |
Diluted | $ | 2.08 |  |  | $ | 1.26 |  |  | $ | 0.72 |  |  | $ | 0.83 |
Weighted-average number of shares |  |  |  |  |  |  |
Basic | 148,066 |  |  | 151,257 |  |  | 152,731 |  |  | 155,882 |
Diluted | 149,603 |  |  | 153,173 |  |  | 155,129 |  |  | 158,897 |
(a) | Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.

X
- Definition Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract] + References No definition available. + Details
Name: | tol_SummaryConsolidatedQuarterlyFinancialDataUnauditedAbstract
Namespace Prefix: | tol_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration