XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Information on Segments (Tables) | 3 Months Ended
--- | ---
Jan. 31, 2025
Segment Reporting [Abstract] |
Schedule of Revenue and Income (Loss) Before Income Taxes and Total Assets | Revenues and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands):
|  |  | Three months ended January 31,
|  |  |  |  | 2025 |  | 2024
Revenues: |  |  |  |  |  |  |
North |  |  |  |  | $ | 254,712 |  |  | $ | 272,657 |
Mid-Atlantic |  |  |  |  | 236,240 |  |  | 264,154 |
South |  |  |  |  | 506,273 |  |  | 532,886 |
Mountain |  |  |  |  | 556,704 |  |  | 453,381 |
Pacific |  |  |  |  | 287,164 |  |  | 408,991 |
Total home building |  |  |  |  | 1,841,093 |  |  | 1,932,069 |
Corporate and other |  |  |  |  | (317) |  |  | (233) |
|  |  |  |  | 1,840,776 |  |  | 1,931,836 |
Land sales and other revenues (1) |  |  |  |  | 18,355 |  |  | 16,012 |
Total consolidated |  |  |  |  | $ | 1,859,131 |  |  | $ | 1,947,848 |
Income (loss) before income taxes: |  |  |  |  |  |  |
North |  |  |  |  | $ | 28,193 |  |  | $ | 33,021 |
Mid-Atlantic |  |  |  |  | 33,430 |  |  | 49,518 |
South |  |  |  |  | 90,416 |  |  | 98,430 |
Mountain |  |  |  |  | 80,739 |  |  | 80,164 |
Pacific |  |  |  |  | 38,113 |  |  | 103,653 |
Total home building |  |  |  |  | 270,891 |  |  | 364,786 |
Corporate and other |  |  |  |  | (49,509) |  |  | (53,625) |
Total consolidated |  |  |  |  | $ | 221,382 |  |  | $ | 311,161 |
(1) Land sales and other revenues by segment has been provided in the table below. “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 our apartment rental development business and our high-rise urban luxury condominium operations, and income from our Rental Property Joint Ventures and Other Joint Ventures. Land sales and other revenues for each of our segments, for the periods indicated, were as follows (amounts in thousands):
| Three months ended January 31, |  |
| 2025 |  | 2024 |  |
North | $ | 17,155 |  |  | $ | — |  |  |
Mid-Atlantic | 256 |  |  | 7,796 |  |  |
South | 837 |  |  | 3,639 |  |  |
Mountain | — |  |  | 4,577 |  |  |
Pacific | 107 |  |  | — |  |  |
Total home building | 18,355 |  |  | 16,012 |  |  |
Corporate and other | — |  |  | — |  |  |
Total consolidated | $ | 18,355 |  |  | $ | 16,012 |  |  |
“Corporate and other” is comprised principally of activities from our apartment rental development business. Total assets for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands):
| January 31, 2025 |  | October 31, 2024
North | $ | 1,492,110 |  |  | $ | 1,425,738 |
Mid-Atlantic | 1,578,671 |  |  | 1,444,951 |
South | 2,908,206 |  |  | 2,514,446 |
Mountain | 3,119,991 |  |  | 2,950,806 |
Pacific | 2,542,290 |  |  | 2,266,829 |
Total home building | 11,641,268 |  |  | 10,602,770 |
Corporate and other | 1,980,835 |  |  | 2,765,162 |
Total consolidated | $ | 13,622,103 |  |  | $ | 13,367,932 |
“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, manufacturing facilities, our apartment rental development and high-rise urban luxury condominium operations, and our mortgage and title subsidiaries.
Schedule of Inventory Impairment by Segment | The amounts we have provided for inventory impairment charges and the expensing of costs that we believe not to be recoverable, for the periods indicated, which are included in home sales cost of revenues, were as follows (amounts in thousands):
|  |  | Three months ended January 31,
|  |  |  |  | 2025 |  | 2024
North |  |  |  |  | $ | 205 |  |  | $ | 495 |
Mid-Atlantic |  |  |  |  | 3,767 |  |  | 192 |
South |  |  |  |  | 4,359 |  |  | 80 |
Mountain |  |  |  |  | 7,494 |  |  | 674 |
Pacific |  |  |  |  | 592 |  |  | 30 |
Total consolidated |  |  |  |  | $ | 16,417 |  |  | $ | 1,471 |

X
- Definition Schedule Of Inventory Impairments By Segment + References No definition available. + Details
Name: | tol_ScheduleOfInventoryImpairmentsBySegmentTableTextBlock
Namespace Prefix: | tol_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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