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Note 6 - Restricted Cash and Deposits
 12 Months Ended
Oct. 31, 2019
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]
6.
Restricted Cash and Deposits
 
Homebuilding - Restricted cash and cash equivalents on the Consolidated Balance Sheets totaled
$20.9
million and
$12.8
million as of
October 31, 2019
and
2018,
respectively, which primarily consists of cash collateralizing our letter of credit agreements and facilities as discussed in Note
9.
 
Financial services restricted cash and cash equivalents, which are included in Financial services other assets on the Consolidated Balance Sheets, totaled
$24.8
million and
$25.4
million as of
October 31, 2019
and
2018,
respectively. Included in these balances were (
1
) financial services customers’ deposits of
$22.8
million at
October 31, 2019
and
$23.4
million as of
October 31, 2018,
which are subject to restrictions on our use, and (
2
)
$2.0
million at both
October 31, 2019
and
2018
of restricted cash under the terms of our mortgage warehouse lines of credit.
 
Total Homebuilding Customers’ deposits are shown as a liability on the Consolidated Balance Sheets. These liabilities are significantly more than the applicable periods’ restricted cash balances because in some states the deposits are
not
restricted from use and, in other states, we are able to release the majority of these customer deposits to cash by pledging letters of credit and surety bonds.