XML 81 R65.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 10 - Operating and Reporting Segments (Details) - Financial Information Relating to Segment Operations - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Oct. 31, 2015 | Jul. 31, 2015 | Apr. 30, 2015 | Jan. 31, 2015 | Oct. 31, 2014 | Jul. 31, 2014 | Apr. 30, 2014 | Jan. 31, 2014 | Oct. 31, 2015 | Oct. 31, 2014 | Oct. 31, 2013
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ 693,204 | $ 540,613 | $ 468,949 | $ 445,714 | $ 698,394 | $ 551,009 | $ 449,929 | $ 364,048 | $ 2,148,480 | $ 2,063,380 | $ 1,851,253
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  | 37,397 | (10,001) | (29,481) | (19,680) | 35,996 | 15,372 | (7,298) | (23,890) | (21,765) | 20,180 | 21,935
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 150,382 | 141,225 | 144,073
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 3,388 | 3,417 | 4,712
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 2,054 | 3,423 | 1,558
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  | $ 1,699 | $ (448) | $ 1,466 | $ 1,452 | $ 4,048 | $ 211 | $ 1,067 | $ 2,571 | 4,169 | 7,897 | 12,040
Homebuilding [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 2,091,930 | 2,021,128 | 1,803,657
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | 71,663 | 139,336 | 135,489
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 86,903 | 76,825 | 74,829
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 733 | 845 | 1,398
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 1,183 | 1,262 | 772
Homebuilding [Member] | Northeast [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 189,497 | 275,830 | 282,855
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | (7,742) | (7,517) | 1,519
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 14,150 | 20,940 | 26,163
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 136 | 250 | 245
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  |  | 44 | 388
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | 856 | (1,302) | 3,738
Homebuilding [Member] | Mid-Atlantic [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 399,500 | 332,719 | 289,303
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | 21,431 | 23,897 | 24,388
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 16,268 | 9,542 | 10,037
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 28 | 45 | 283
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 58 | 23 | 35
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | 4,502 | 6,459 | 5,631
Homebuilding [Member] | Midwest [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 311,449 | 226,174 | 163,485
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | 14,012 | 17,879 | 12,270
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 10,405 | 5,354 | 3,737
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 361 | 355 | 528
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 637 | 927 | 279
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (105) | 17 | 1,045
Homebuilding [Member] | Southeast [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 207,662 | 204,671 | 147,570
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | (6,330) | 9,247 | 6,455
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 9,552 | 7,827 | 5,861
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 40 | 31 | 31
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 227 | 59 | 7
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | 1,213 | 2,119 | 1,287
Homebuilding [Member] | Southwest [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 823,853 | 751,426 | 697,358
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | 67,437 | 74,527 | 76,459
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 26,147 | 20,543 | 16,071
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 89 | 131 | 163
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 173 | 39 | 44
Homebuilding [Member] | West [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 159,969 | 230,308 | 223,086
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | (17,145) | 21,303 | 14,398
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 10,381 | 12,619 | 12,960
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 79 | 33 | 148
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | 88 | 170 | 19
Equity in earnings (losses) from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  | (2,297) | 604 | 339
Financial Services [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | 56,665 | 42,414 | 47,727
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | 24,693 | 13,798 | 18,668
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net | [1] |  |  |  |  |  |  |  |  | (1,066) | (119) | 499
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 47 | 68 | 285
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  |  | 28 | 6
Corporate and Other [Member] |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  |  |  |  |  |  | (115) | (162) | (131)
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) income before income taxes |  |  |  |  |  |  |  |  |  | (118,121) | (132,954) | (132,222)
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Total interest expense, net |  |  |  |  |  |  |  |  |  | 64,545 | 64,519 | 68,745
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Total depreciation |  |  |  |  |  |  |  |  |  | 2,608 | 2,504 | 3,029
Net additions to operating properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Total net additions to operating properties and equipment |  |  |  |  |  |  |  |  |  | $ 871 | $ 2,133 | $ 780
[1] | Financial services interest expenses are included in the Financial services lines on the Consolidated Statements of Operations in the respective revenues and expenses sections.

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

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

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

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

X
- References No definition available. + Details
Name: | hov_RevenuesAbstract0
Namespace Prefix: | hov_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationDepletionAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51673353&loc=d3e41242-110953 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Article 5 + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35755396&loc=d3e33749-111570 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.12) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 9 -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 11 -Article 7 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_InterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase (decrease) of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. + References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=hov_HomebuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_NortheastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_MidAtlanticMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_MidwestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_SoutheastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_SouthwestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=hov_WestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=hov_FinancialServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |