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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Revenues $ 2,016,916 $ 1,991,233 $ 2,451,665
Inventory impairment loss and land option write-offs 6,288 3,501 17,813
Total expenses 2,043,080 1,999,584 2,455,008
Corporate general and administrative 66,364 69,632 59,367
Other interest expensed [1],[2] 90,056 103,297 97,304
Other operations 1,561 1,584 1,518
Loss on extinguishment of debt (42,436) (7,536) (34,854)
Income (loss) from unconsolidated joint ventures 28,932 24,033 (7,047)
(Loss) income before income taxes (39,668) 8,146 (45,244)
State and federal income tax provision 2,449 3,626 286,949
Net (loss) income $ (42,117) $ 4,520 $ (332,193)
Net (loss) income per common share (in dollars per share) $ (7.06) $ 0.73 $ (56.23)
Weighted-average number of common shares outstanding (in shares) 5,968 5,941 5,908
Net (loss) income per common share (in dollars per share) $ (7.06) $ 0.72 $ (56.23)
Weighted-average number of common shares outstanding (in shares) 5,968 6,072 5,908
State and Local Jurisdiction [Member]      
State and federal income tax provision $ 2,449 $ 3,626 $ 11,261
Domestic Tax Authority [Member]      
State and federal income tax provision 275,688
Homebuilding [Member]      
Revenues 1,962,764 1,937,878 2,392,922
Cost of sales, excluding interest 1,604,777 1,566,555 1,961,804
Cost of sales interest 70,725 60,685 88,536
Inventory impairment loss and land option write-offs 6,288 3,501 17,813
Total cost of sales 1,681,790 1,630,741 2,068,153
Selling, general and administrative 166,784 159,202 196,320
Total expenses 1,848,574 1,789,943 2,264,473
Homebuilding [Member] | Home Building [Member]      
Revenues 1,949,682 1,906,228 2,340,033
Homebuilding [Member] | Land Sales and Other Revenues [Member]      
Revenues 13,082 31,650 52,889
Financial Services [Member]      
Revenues 54,152 53,355 58,743
Total expenses $ 36,525 $ 35,128 $ 32,346
[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: Year Ended (In thousands) October 31, 2019 October 31, 2018 October 31, 2017 Other interest expensed $90,056 $103,297 $97,304 Interest paid by our mortgage and finance subsidiaries 2,536 2,478 1,944 Decrease (increase) in accrued interest 16,515 6,241 (9,412 ) Cash paid for interest, net of capitalized interest $109,107 $112,016 $89,836
[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, which amounted to $56.9 million, $76.2 million and $69.1 million for the years ended October 31, 2019, 2018 and 2017, respectively. Other interest also includes interest on completed homes, land in planning and fully developed lots without homes under construction, which does not qualify for capitalization, and therefore, is expensed. This component of other interest was $33.2 million, $27.1 million and $28.2 million for the years ended October 31, 2019, 2018 and 2017, respectively.