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v3.7.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Jan. 31, 2017 | Jan. 31, 2016
Total revenues |  | $ 552,009 | $ 575,605
Inventory impairment loss and land option write-offs |  | 3,184 | 11,681
Corporate general and administrative |  | 15,656 | 16,321
Other interest | [1],[2] | 22,627 | 21,225
Other operations |  | 1,587 | 1,384
Total expenses |  | 557,666 | 587,319
Gain on extinguishment of debt |  | 7,646 |
Loss from unconsolidated joint ventures |  | (1,666) | (1,480)
Income (loss) before income taxes |  | 323 | (13,194)
Tax provision (benefit) |  | 466 | 2,979
Net loss |  | $ (143) | $ (16,173)
Loss per common share, basic (in dollars per share) |  | $ 0 | $ (0.11)
Weighted-average number of common shares outstanding, basic (in shares) |  | 147,535 | 147,139
Loss per common share, assuming dilution (in dollars per share) |  | $ 0 | $ (0.11)
Weighted-average number of common shares outstanding, assuming dilution (in shares) |  | 147,535 | 147,139
State and Local Jurisdiction [Member] |  |  |
Tax provision (benefit) |  | $ (18) | $ 4,319
Domestic Tax Authority [Member] |  |  |
Tax provision (benefit) |  | 484 | (1,340)
Homebuilding [Member] |  |  |
Sale of homes |  | 531,415 | 556,775
Land sales and other revenues |  | 7,745 | 604
Total homebuilding |  | 539,160 | 557,379
Cost of sales, excluding interest |  | 445,027 | 464,146
Cost of sales interest |  | 18,322 | 16,843
Inventory impairment loss and land option write-offs |  | 3,184 | 11,681
Total cost of sales |  | 466,533 | 492,670
Selling, general and administrative |  | 44,408 | 47,504
Total homebuilding expenses |  | 510,941 | 540,174
Total expenses |  | 550,811 | 579,104
Financial Services [Member] |  |  |
Financial services |  | 12,849 | 18,226
Financial services |  | 6,855 | 8,215
Total expenses |  | $ 6,855 | $ 8,215
[1] | 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 on notes payable, which is calculated as follows:
[2] | Other interest expensed includes interest that does not qualify for interest capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt. Also includes interest on completed homes and land in planning, which does not qualify for capitalization, and therefore is expensed.

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- Definition This element represents the total of the costs related to real estate revenues, including management, leasing, and development services. + 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 210.5-03.2(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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