XML 50 R33.htm IDEA: XBRL DOCUMENT
v3.20.4

Accrued Expenses (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2020
Payables and Accruals [Abstract] |
Accrued expenses | Accrued expenses at October 31, 2020 and 2019, consisted of the following (amounts in thousands):
| 2020 |  | 2019
Land, land development and construction | $ | 233,783 |  |  | $ | 192,658 |
Compensation and employee benefits | 219,965 |  |  | 183,592 |
Escrow liability | 23,067 |  |  | 31,587 |
Self-insurance | 215,884 |  |  | 193,405 |
Warranty | 157,351 |  |  | 201,886 |
Lease liabilities (1) | 124,756 |  |  | — |
Deferred income | 34,096 |  |  | 51,678 |
Interest | 38,446 |  |  | 31,307 |
Commitments to unconsolidated entities | 8,928 |  |  | 9,283 |
Other | 53,920 |  |  | 55,536 |
| $ | 1,110,196 |  |  | $ | 950,932 |
(1) On November 1, 2019, we adopted ASU 2016-02, which resulted in the establishment of lease liabilities on our Consolidated Balance Sheet as of October 31, 2020. The Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. See Note 1, “Significant Accounting Policies – Recent Accounting Pronouncements” for additional information regarding the adoption of ASU 2016-02.
Changes in the warranty accrual | The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2020, 2019, and 2018 (amounts in thousands):
| 2020 |  | 2019 |  | 2018
Balance, beginning of year | $ | 201,886 |  |  | $ | 258,831 |  |  | $ | 329,278 |
Additions - homes closed during the year | 36,103 |  |  | 35,475 |  |  | 37,045 |
Addition - liabilities acquired | 190 |  |  | 855 |  |  |
Increase in accruals for homes closed in prior years | 6,711 |  |  | 6,023 |  |  | 6,162 |
Decrease to water intrusion accrual | (24,400) |  |  | — |  |  | — |
Charges incurred | (63,139) |  |  | (99,298) |  |  | (113,654) |
Balance, end of year | $ | 157,351 |  |  | $ | 201,886 |  |  | $ | 258,831 |

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration