XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.23.2

Stockholders' Equity (Tables) | 9 Months Ended
--- | ---
Jul. 31, 2023
Stock Repurchase Program [Abstract] |
Stock repurchase program | The table below provides, for the periods indicated, information about our share repurchase programs:
| Three months ended July 31, | Nine months ended July 31,
| 2023 |  | 2022 | 2023 |  | 2022
Number of shares purchased (in thousands) | 1,931 |  |  | 2,038 |  | 3,561 |  |  | 7,257 |
Average price per share (1) | $ | 76.26 |  |  | $ | 44.93 |  | $ | 67.53 |  |  | $ | 52.90 |
Remaining authorization at July 31 (in thousands) | 11,016 |  |  | 18,319 |  | 11,016 |  |  | 18,319 |
Schedule of Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The changes in each component of accumulated other comprehensive income (loss) (“AOCI”), for the periods indicated, were as follows (amounts in thousands):
| Three months ended July 31, |  | Nine months ended July 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Employee Retirement Plans |  |  |  |  |  |  |
Beginning balance | $ | 2,510 |  |  | $ | (5,347) |  |  | $ | 2,475 |  |  | $ | (6,024) |
Losses reclassified from AOCI to net income (1) | 23 |  |  | 452 |  |  | 70 |  |  | 1,355 |
Less: Tax benefit (2) | (6) |  |  | (115) |  |  | (18) |  |  | (341) |
Net losses reclassified from AOCI to net income | 17 |  |  | 337 |  |  | 52 |  |  | 1,014 |
Other comprehensive loss – net of tax | 17 |  |  | 337 |  |  | 52 |  |  | 1,014 |
Ending balance | $ | 2,527 |  |  | $ | (5,010) |  |  | $ | 2,527 |  |  | $ | (5,010) |
Derivative Instruments |  |  |  |  |  |  |
Beginning balance | $ | 31,365 |  |  | $ | 24,766 |  |  | $ | 35,143 |  |  | $ | 7,133 |
Gains (losses) on derivative instruments | 8,900 |  |  | (4,082) |  |  | 5,191 |  |  | 19,281 |
Less: Tax (expense) benefit | (2,250) |  |  | 1,037 |  |  | (1,302) |  |  | (4,829) |
Net gains (losses) on derivative instruments | 6,650 |  |  | (3,045) |  |  | 3,889 |  |  | 14,452 |
(Gains) losses reclassified from AOCI to net income (3) | (1,427) |  |  | 38 |  |  | (2,789) |  |  | 220 |
Less: Tax expense (benefit) (2) | 361 |  |  | (10) |  |  | 706 |  |  | (56) |
Net (gains) losses reclassified from AOCI to net income | (1,066) |  |  | 28 |  |  | (2,083) |  |  | 164 |
Other comprehensive income (loss) – net of tax | 5,584 |  |  | (3,017) |  |  | 1,806 |  |  | 14,616 |
Ending balance | $ | 36,949 |  |  | $ | 21,749 |  |  | $ | 36,949 |  |  | $ | 21,749 |
Total AOCI ending balance | $ | 39,476 |  |  | $ | 16,739 |  |  | $ | 39,476 |  |  | $ | 16,739 |
(1) Reclassified to “Other income – net” (2) Reclassified to “Income tax provision” (3) Reclassified to “Cost of revenues – home sales”

X
- Definition Stock repurchase program. + References No definition available. + Details
Name: | tol_StockRepurchaseProgramAbstract
Namespace Prefix: | tol_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-4 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration