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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Apr. 30, 2012
Revenues:        
Sale of homes $ 409,576 $ 312,494 $ 743,857 $ 564,824
Land sales and other revenues 2,740 20,691 15,011 31,270
Total homebuilding 412,316 333,185 758,868 596,094
Financial services 10,682 8,513 22,341 15,203
Total revenues 422,998 341,698 781,209 611,297
Expenses:        
Cost of sales, excluding interest 333,143 271,563 621,898 488,990
Cost of sales interest 11,274 13,317 21,554 25,793
Inventory impairment loss and land option write-offs 2,191 3,216 2,856 6,541
Total cost of sales 346,608 288,096 646,308 521,324
Selling, general and administrative 37,802 35,125 74,573 68,379
Total homebuilding expenses 384,410 323,221 720,881 589,703
Financial services 7,137 5,363 14,565 10,540
Corporate general and administrative 13,725 12,264 26,228 25,049
Other interest 22,632 [1],[2] 26,056 [1],[2] 46,632 [1],[2] 48,051 [1],[2]
Other operations (2,814) 990 (1,914) 6,388
Total expenses 425,090 367,894 806,392 679,731
Gain on extinguishment of debt   27,039   51,737
Income from unconsolidated joint ventures 827 1,495 3,116 1,473
(Loss) income before income taxes (1,265) 2,338 (22,067) (15,224)
State and federal income tax (benefit) provision:        
State (2,432) 468 (2,199) 1,101
Federal (151) 68 (9,878) 138
Total income taxes (2,583) 536 (12,077) 1,239
Net income (loss) $ 1,318 $ 1,802 $ (9,990) $ (16,463)
Basic:        
Income (loss) per common share (in Dollars per share) $ 0.01 $ 0.02 $ (0.07) $ (0.15)
Weighted-average number of common shares outstanding (in Shares) 145,948 116,021 144,373 112,338
Assuming dilution:        
Income (loss) per common share (in Dollars per share) $ 0.01 $ 0.02 $ (0.07) $ (0.15)
Weighted-average number of common shares outstanding (in Shares) 147,231 116,117 144,373 112,338
[1] Other interest expensed is comprised of interest that does not qualify for capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt. Interest on completed homes and land in planning which does not qualify for capitalization is expensed.
[2] Cash paid for interest, net of capitalized interest, is the sum of other interest expensed, as defined above, and interest paid by our mortgage and finance subsidiaries adjusted for the change in accrued interest.