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Information on Segments | 9 Months Ended
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Jul. 31, 2019
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Information on Segments We operate in two segments: traditional home building and urban infill. We build and sell 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 City Living. We have determined that our Traditional Home Building operations operate in five geographic segments: North, Mid-Atlantic, South, West, and California. 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, Georgia, North Carolina, and Texas West: Arizona, Colorado, Idaho, Nevada, Oregon, Utah, and Washington California: California In fiscal 2018, we acquired land and commenced development activities in the Salt Lake City, Utah and Portland, Oregon markets. In the second quarter of fiscal 2019, we opened several communities in these markets. Revenue and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands):
| Nine months ended July 31, |  | Three months ended July 31,
| 2019 |  | 2018 |  | 2019 |  | 2018
Revenues: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 602,316 |  |  | $ | 626,719 |  |  | $ | 210,919 |  |  | $ | 266,226 |
Mid-Atlantic | 749,083 |  |  | 765,925 |  |  | 287,695 |  |  | 304,060 |
South | 811,029 |  |  | 711,466 |  |  | 318,530 |  |  | 299,259 |
West | 1,019,200 |  |  | 989,877 |  |  | 353,886 |  |  | 382,455 |
California | 1,382,858 |  |  | 1,336,183 |  |  | 512,299 |  |  | 610,737 |
Traditional Home Building | 4,564,486 |  |  | 4,430,170 |  |  | 1,683,329 |  |  | 1,862,737 |
City Living | 224,560 |  |  | 257,850 |  |  | 71,892 |  |  | 50,616 |
Corporate and other | (711 | ) |  |  |  |  | 1,749 |  |  |  |
Total home sales revenue | 4,788,335 |  |  | 4,688,020 |  |  | 1,756,970 |  |  | 1,913,353 |
Land sales revenue | 56,631 |  |  | — |  |  | 8,721 |  |  | — |
Total revenue | $ | 4,844,966 |  |  | $ | 4,688,020 |  |  | $ | 1,765,691 |  |  | $ | 1,913,353 |
Income (loss) before income taxes: |  |  |  |  |  |  |
Traditional Home Building: |  |  |  |  |  |  |
North | $ | 34,111 |  |  | $ | 23,276 |  |  | $ | 16,148 |  |  | $ | 21,240 |
Mid-Atlantic | 35,167 |  |  | 54,958 |  |  | 16,216 |  |  | 20,614 |
South | 76,491 |  |  | 74,006 |  |  | 29,127 |  |  | 34,729 |
West | 128,820 |  |  | 138,773 |  |  | 41,399 |  |  | 60,120 |
California | 292,764 |  |  | 286,797 |  |  | 112,591 |  |  | 140,278 |
Traditional Home Building | 567,353 |  |  | 577,810 |  |  | 215,481 |  |  | 276,981 |
City Living | 59,660 |  |  | 60,266 |  |  | 19,185 |  |  | 13,617 |
Corporate and other | (112,492 | ) |  | (100,633 | ) |  | (47,750 | ) |  | (37,501 | )
Total | $ | 514,521 |  |  | $ | 537,443 |  |  | $ | 186,916 |  |  | $ | 253,097 |
“Corporate and other” is comprised principally of general corporate expenses such as our executive offices; 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 our Rental Property Joint Ventures and Gibraltar Joint Ventures. Total assets for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands):
| July 31, 2019 |  | October 31, 2018
Traditional Home Building: |  |  |
North | $ | 984,670 |  |  | $ | 970,854 |
Mid-Atlantic | 1,233,622 |  |  | 1,130,417 |
South | 1,371,325 |  |  | 1,237,744 |
West | 1,905,091 |  |  | 1,580,199 |
California | 2,615,005 |  |  | 2,733,956 |
Traditional Home Building | 8,109,713 |  |  | 7,653,170 |
City Living | 494,046 |  |  | 516,238 |
Corporate and other | 1,848,358 |  |  | 2,075,182 |
Total | $ | 10,452,117 |  |  | $ | 10,244,590 |
“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, deferred tax assets, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments and operations, manufacturing facilities, and our mortgage and title subsidiaries.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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