XML 41 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 24 - Unaudited Summarized Consolidated Quarterly Information
 12 Months Ended
Oct. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

24. Unaudited Summarized Consolidated Quarterly Information


Summarized quarterly financial information for the years ended October 31, 2013 and 2012 is as follows:


   

Three Months Ended

 

(In Thousands, Except Per Share Data)

 

October 31, 2013

   

July 31, 2013

   

April 30, 2013

   

January 31, 2013

 

Revenues

    $591,687       $478,357       $422,998       $358,211  

Expenses

    561,061       471,036       422,899       380,637  

Inventory impairment loss and land option write-offs

    1,486       623       2,191       665  

(Loss) on extinguishment of debt

    (760

)

    -       -       -  

Income from unconsolidated joint ventures

    5,234       3,690       827       2,289  

Income (loss) before income taxes

    33,614       10,388       (1,265

)

    (20,802

)

State and federal income tax provision (benefit)

    795       1,922       (2,583

)

    (9,494

)

Net income (loss)

    $32,819       $8,466       $1,318       $(11,308

)

Per share data:

                               

Basic:

                               

Income (loss) per common share

    $0.22       $0.06       $0.01       $(0.08

)

Weighted-average number of common shares outstanding

    145,821       146,056       145,948       141,725  

Assuming dilution:

                               

Income (loss) per common share

    $0.21       $0.06       $0.01       $(0.08

)

Weighted-average number of common shares outstanding

    162,100       162,823       147,231       141,725  

   

Three Months Ended

 

(In Thousands, Except Per Share Data)

 

October 31, 2012

   

July 31, 2012

   

April 30, 2012

   

January 31, 2012

 

Revenues

    $487,045       $387,011       $341,698       $269,599  

Expenses

    481,996       395,221       364,678       308,511  

Inventory impairment loss and land option write-offs

    5,300       689       3,216       3,325  

(Loss) gain on extinguishment of debt

    (87,033

)

    6,230       27,039       24,698  

Income (loss) from unconsolidated joint ventures

    3,077       852       1,495       (23

)

(Loss) income before income taxes

    (84,207

)

    (1,817

)

    2,338       (17,562

)

State and federal income tax provision (benefit)

    203       (36,493

)

    536       703  

Net (loss) income

    $(84,410

)

    $34,676       $1,802       $(18,265

)

Per share data:

                               

Basic:

                               

(Loss) income per common share

    $(0.59

)

    $0.25       $0.02       $(0.17

)

Weighted-average number of common shares outstanding

    142,249       138,472       116,021       108,735  

Assuming dilution:

                               

(Loss) income per common share

    $(0.59

)

    $0.25       $0.02       $(0.17

)

Weighted-average number of common shares outstanding

    142,249       138,552       116,117       108,735