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Note 23 - Unaudited Summarized Consolidated Quarterly Information
 12 Months Ended
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