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v3.23.1

Accrued Expenses (Tables) | 6 Months Ended
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Apr. 30, 2023
Payables and Accruals [Abstract] |
Accrued expenses | Accrued expenses at April 30, 2023 and October 31, 2022 consisted of the following (amounts in thousands):
| April 30, 2023 |  | October 31, 2022
Land, land development, and construction | $ | 418,048 |  |  | $ | 334,975 |
Compensation and employee benefits | 170,448 |  |  | 223,609 |
Escrow liability associated with our wholly owned captive title company | 40,459 |  |  | 44,115 |
Self-insurance | 245,687 |  |  | 251,576 |
Warranty | 149,395 |  |  | 164,409 |
Lease liabilities | 142,901 |  |  | 139,664 |
Deferred income | 47,846 |  |  | 50,973 |
Interest | 32,212 |  |  | 31,988 |
Commitments to unconsolidated entities | 31,744 |  |  | 26,905 |
Other | 55,457 |  |  | 77,773 |
| $ | 1,334,197 |  |  | $ | 1,345,987 |
Changes in the warranty accrual | The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands):
| Three months ended April 30, |  | Six months ended April 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Balance, beginning of period | $ | 156,895 |  |  | $ | 143,043 |  |  | $ | 164,409 |  |  | $ | 145,062 |
Additions – homes closed during the period | 10,084 |  |  | 13,745 |  |  | 17,270 |  |  | 23,200 |
Change in accruals for homes closed in prior years – net | (73) |  |  | 715 |  |  | 2,023 |  |  | 3,672 |
Charges incurred | (17,511) |  |  | (13,512) |  |  | (34,307) |  |  | (27,943) |
Balance, end of period | $ | 149,395 |  |  | $ | 143,991 |  |  | $ | 149,395 |  |  | $ | 143,991 |

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- 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 https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249 + Details
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