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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2014
Cash flows from operating activities:      
Net (loss) income $ (2,819) $ (16,100) $ 307,144
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:      
Depreciation 3,565 3,388 3,417
Compensation from stock options and awards 2,921 8,816 10,279
Amortization of bond discounts and deferred financing costs 12,830 11,687 10,320
Gain on sale and retirement of property and assets (632) (1,119) (483)
Loss (income) from unconsolidated joint ventures 4,346 (4,169) (7,897)
Distributions of earnings from unconsolidated joint ventures 1,002 8,438 6,044
Loss on extinguishment of debt 3,200 1,155
Inventory impairment and land option write-offs 33,353 12,044 5,224
Deferred income tax provision (benefit) 6,851 (4,691) (287,740)
(Increase) decrease in assets:      
Origination of mortgage loans (1,274,284) (1,042,407) (807,411)
Sale of mortgage loans 1,239,521 1,007,425 825,026
Restricted cash, receivables, prepaids, deposits and other assets 23,574 10,855 (48,908)
Inventories 328,141 (312,312) (270,770)
State and federal income tax payable (205) (1,045) (104)
Customers’ deposits (6,789) 9,249 4,850
Accounts payable, accrued interest and other accrued liabilities 13,090 (10,594) 59,269
Net cash provided by (used in) by operating activities 387,665 (320,535) (190,585)
Cash flows from investing activities:      
Proceeds from sale of property and assets 764 1,573 515
Purchase of property, equipment, and other fixed assets and acquisitions (8,007) (2,054) (3,423)
Investment in and advances to unconsolidated joint ventures (49,905) (18,707) (21,699)
Distributions of capital from unconsolidated joint ventures 5,264 17,112 11,107
Net cash (used in) provided by investing activities (48,978) 2,472 (14,155)
Cash flows from financing activities:      
Proceeds from mortgages and notes 211,209 180,284 152,906
Payments related to mortgages and notes (272,220) (140,901) (112,136)
Proceeds from model sale leaseback financing programs 24,297 43,181 42,402
Payments related to model sale leaseback financing programs (41,435) (20,197) (23,188)
Proceeds from land bank financing programs 174,211 16,985 24,696
Payments related to land bank financing programs (108,577) (24,330) (42,002)
Net proceeds (payments) related to mortgage warehouse lines of credit 36,713 31,956 (14,744)
Borrowings from revolving credit facility 5,000 47,000
Proceeds from senior secured notes 71,250
Payments related to senior notes, senior exchangeable notes and senior amortizing notes (409,646) (65,053) (28,553)
Deferred financing costs from land banking financing programs and note issuances (11,469) (9,015) (11,947)
Net cash (used in) provided by financing activities (245,667) 309,910 137,434
Net increase (decrease) in cash and cash equivalents 93,020 (8,153) (67,306)
Cash and cash equivalents balance, beginning of year 253,745 261,898 329,204
Cash and cash equivalents balance, end of year 346,765 253,745 261,898
Supplemental disclosures of cash flows:      
Interest, net of capitalized interest (see Note 3 to the Consolidated Financial Statements) 101,796 85,719 85,386
Income taxes (1,390) 1,779 538
Term Loan [Member]      
Cash flows from financing activities:      
Proceeds from senior secured notes 75,000
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]      
Cash flows from financing activities:      
Proceeds from senior notes 250,000 150,000
Payments related to senior notes, senior exchangeable notes and senior amortizing notes   (60,815)  
Related to Mortgage Company [Member]      
Cash flows from investing activities:      
Decrease (increase) in restricted cash 2,034 1,555 (655)
Related to Letters of Credit [Member]      
Cash flows from investing activities:      
Decrease (increase) in restricted cash $ 872 $ 2,993