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Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Oct. 31, 2021
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 2021 and 2020 (amounts in thousands, except per share data):
| Three Months Ended
| October 31 |  | July 31 |  | April 30 |  | January 31
Fiscal 2021: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
Home sales | $ | 2,950,417 |  |  | $ | 2,234,365 |  |  | $ | 1,836,260 |  |  | $ | 1,410,704 |
Land sales and other | $ | 90,963 |  |  | $ | 21,116 |  |  | $ | 93,864 |  |  | $ | 152,672 |
Gross profit: |  |  |  |  |  |  |
Home sales | $ | 694,373 |  |  | $ | 508,241 |  |  | $ | 401,767 |  |  | $ | 288,911 |
Land sales and other | $ | 4,490 |  |  | $ | 2,407 |  |  | $ | 1,773 |  |  | $ | 40,938 |
Income before income taxes | $ | 499,689 |  |  | $ | 303,395 |  |  | $ | 169,826 |  |  | $ | 127,405 |
Net income | $ | 374,330 |  |  | $ | 234,932 |  |  | $ | 127,866 |  |  | $ | 96,499 |
Earnings per share (a) |  |  |  |  |  |  |
Basic | $ | 3.06 |  |  | $ | 1.90 |  |  | $ | 1.03 |  |  | $ | 0.77 |
Diluted | $ | 3.02 |  |  | $ | 1.87 |  |  | $ | 1.01 |  |  | $ | 0.76 |
Weighted-average number of shares |  |  |  |  |  |  |
Basic | 122,218 |  |  | 123,826 |  |  | 124,295 |  |  | 126,060 |
Diluted | 124,057 |  |  | 125,610 |  |  | 125,999 |  |  | 127,562 |
Fiscal 2020: |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |
Home sales | $ | 2,495,974 |  |  | $ | 1,627,812 |  |  | $ | 1,516,234 |  |  | $ | 1,297,337 |
Land sales and other | $ | 49,693 |  |  | $ | 23,677 |  |  | $ | 32,838 |  |  | $ | 34,094 |
Gross profit |  |  |  |  |  |  |
Home sales | $ | 502,079 |  |  | $ | 341,704 |  |  | $ | 295,256 |  |  | $ | 264,215 |
Land sales and other | $ | 4,798 |  |  | $ | 1,418 |  |  | $ | 6,420 |  |  | $ | 1,812 |
Income before income taxes | $ | 266,991 |  |  | $ | 151,865 |  |  | $ | 102,113 |  |  | $ | 65,932 |
Net income | $ | 199,317 |  |  | $ | 114,761 |  |  | $ | 75,670 |  |  | $ | 56,876 |
Earnings per share (a) |  |  |  |  |  |  |
Basic | $ | 1.57 |  |  | $ | 0.91 |  |  | $ | 0.59 |  |  | $ | 0.41 |
Diluted | $ | 1.55 |  |  | $ | 0.90 |  |  | $ | 0.59 |  |  | $ | 0.41 |
Weighted-average number of shares |  |  |  |  |  |  |
Basic | 127,310 |  |  | 126,722 |  |  | 128,205 |  |  | 138,145 |
Diluted | 128,892 |  |  | 127,399 |  |  | 128,809 |  |  | 139,889 |
(a)Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.

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- 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=124502072&loc=d3e1280-108306 + Details
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