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Note 23 - Unaudited Summarized Consolidated Quarterly Information | 12 Months Ended
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Oct. 31, 2011
Quarterly Financial Information [Text Block] | 23. Unaudited Summarized Consolidated Quarterly Information Summarized quarterly financial information for the years ended October 31, 2011 and 2010 is as follows:
|  | Three Months Ended |
(In Thousands Except Per Share Data) |  | October 31, 2011 |  |  | July 31, 2011 |  |  | April 30, 2011 |  |  | January 31, 2011 |
Revenues |  | $ | 341,625 |  |  | $ | 285,618 |  |  | $ | 255,097 |  |  | $ | 252,567 |
Expenses |  |  | 387,604 |  |  |  | 326,121 |  |  |  | 306,978 |  |  |  | 302,613 |
Inventory impairment loss and land option write-offs |  |  | 59,873 |  |  |  | 11,426 |  |  |  | 16,925 |  |  |  | 13,525 |
Gain on extinguishment of debt |  |  | 10,563 |  |  |  | (1,391 | ) |  |  | (1,644 | ) |  |  | - |
Loss from unconsolidated joint ventures |  |  | (2,479 | ) |  |  | (2,255 | ) |  |  | (3,232 | ) |  |  | (992 | )
Loss before income taxes |  |  | (97,768 | ) |  |  | (55,575 | ) |  |  | (73,682 | ) |  |  | (64,563 | )
State and federal income tax (benefit) provision |  |  | 580 |  |  |  | (4,645 | ) |  |  | (1,015 | ) |  |  | (421 | )
Net loss |  | $ | (98,348 | ) |  | $ | (50,930 | ) |  | $ | (72,667 | ) |  | $ | (64,142 | )
Per share data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss per common share |  | $ | (0.90 | ) |  | $ | (0.47 | ) |  | $ | (0.69 | ) |  | $ | (0.82 | )
Weighted-average number of common shares outstanding |  |  | 108,740 |  |  |  | 108,721 |  |  |  | 105,894 |  |  |  | 78,598 |
Assuming dilution: Loss per common share |  | $ | (0.90 | ) |  | $ | (0.47 | ) |  | $ | (0.69 | ) |  | $ | (0.82 | )
Weighted-average number of common shares outstanding |  |  | 108,740 |  |  |  | 108,721 |  |  |  | 105,894 |  |  |  | 78,598 |
|  | Three Months Ended |
(In Thousands Except Per Share Data) |  | October 31, 2010 |  |  | July 31, 2010 |  |  | April 30, 2010 |  |  | January 31, 2010 |
Revenues |  | $ | 353,012 |  |  | $ | 380,600 |  |  | $ | 318,585 |  |  | $ | 319,645 |
Expenses |  |  | 406,725 |  |  |  | 415,868 |  |  |  | 362,987 |  |  |  | 371,848 |
Inventory impairment loss and land option write-offs |  |  | 80,588 |  |  |  | 48,959 |  |  |  | 1,186 |  |  |  | 4,966 |
(Loss) gain on extinguishment of debt |  |  |  |  |  |  | 5,256 |  |  |  | 17,217 |  |  |  | 2,574 |
Loss from unconsolidated joint ventures |  |  | 1,809 |  |  |  | (871 | ) |  |  | 391 |  |  |  | (373 | )
Loss before income taxes |  |  | (132,492 | ) |  |  | (79,842 | ) |  |  | (27,980 | ) |  |  | (54,968 | )
State and federal income tax provision |  |  | (379 | ) |  |  | (6,988 | ) |  |  | 654 |  |  |  | (291,157 | )
Net (loss) income |  | $ | (132,113 | ) |  | $ | (72,854 | ) |  | $ | (28,634 | ) |  | $ | 236,189 |
Per share data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and assuming dilution: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(loss) income per common share |  | $ | (1.68 | ) |  | $ | (0.92 | ) |  | $ | (0.36 | ) |  | $ | 3.01 |
Weighted average number of common shares outstanding |  |  | 78,779 |  |  |  | 78,763 |  |  |  | 78,668 |  |  |  | 78,553 |

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=6952194&loc=d3e1280-108306 + Details
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