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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2015
Cash flows from operating activities:      
Net loss $ (332,193) $ (2,819) $ (16,100)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation 4,249 3,565 3,388
Compensation from stock options and awards 557 2,921 8,816
Amortization of bond discounts and deferred financing costs 13,875 12,830 11,687
Gain on sale and retirement of property and assets (166) (632) (1,119)
Loss (income) from unconsolidated joint ventures 7,047 4,346 (4,169)
Distributions of earnings from unconsolidated joint ventures 1,864 1,002 8,438
Loss on extinguishment of debt 34,854 3,200
Inventory impairment and land option write-offs 17,813 33,353 12,044
Deferred income tax provision (benefit) 285,578 6,851 (4,691)
(Increase) decrease in assets:      
Origination of mortgage loans (1,045,991) (1,274,284) (1,042,407)
Sale of mortgage loans 1,078,649 1,239,521 1,007,425
Restricted cash, receivables, prepaids, deposits and other assets 1,224 23,574 10,855
Inventories 255,444 328,141 (312,312)
State and federal income tax payable 282 (205) (1,045)
Customers’ deposits (3,657) (6,789) 9,249
Accounts payable, accrued interest and other accrued liabilities (21,876) 13,090 (10,594)
Net cash provided by (used in) by operating activities 297,553 387,665 (320,535)
Cash flows from investing activities:      
Proceeds from Sale of Property, Plant, and Equipment 270 764 1,573
Purchase of property, equipment, and other fixed assets and acquisitions (6,478) (8,007) (2,054)
Investment in and advances to unconsolidated joint ventures (36,803) (49,905) (18,707)
Distributions of capital from unconsolidated joint ventures 13,304 5,264 17,112
Net cash (used in) provided by investing activities (27,155) (48,978) 2,472
Cash flows from financing activities:      
Proceeds from mortgages and notes 199,275 211,209 180,284
Payments related to mortgages and notes (218,468) (272,220) (140,901)
Proceeds from model sale leaseback financing programs 10,270 24,297 43,181
Payments related to model sale leaseback financing programs (28,798) (41,435) (20,197)
Proceeds from land bank financing programs 29,190 174,211 16,985
Payments related to land bank financing programs (71,757) (108,577) (24,330)
Net (payments) proceeds related to mortgage warehouse lines of credit (31,023) 36,713 31,956
Borrowings from revolving credit facility 5,000 47,000
Proceeds from senior secured term notes 840,000 71,250
Proceeds from senior notes     250,000
Payments related to senior notes, senior exchangeable notes and senior amortizing notes (861,976) (409,646) (65,053)
Deferred financing costs from land banking financing programs and note issuances (14,556) (11,469) (9,015)
Net cash (used in) provided by financing activities (147,843) (245,667) 309,910
Net increase (decrease) in cash and cash equivalents 122,555 93,020 (8,153)
Cash and cash equivalents balance, beginning of year 346,765 253,745 261,898
Cash and cash equivalents balance, end of year 469,320 346,765 253,745
Supplemental disclosures of cash flows:      
Interest, net of capitalized interest (see Note 3 to the Consolidated Financial Statements) 89,836 101,796 85,719
Income taxes 1,089 (1,390) 1,779
Term Loan [Member]      
Cash flows from financing activities:      
Proceeds from senior secured term 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
Related to Mortgage Company [Member]      
Cash flows from investing activities:      
Increase (decrease) in restricted cash 2,555 2,034 1,555
Related to Letters of Credit [Member]      
Cash flows from investing activities:      
Increase (decrease) in restricted cash $ (3) $ 872 $ 2,993