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Note 11 - Income Taxes (Tables)

12 Months Ended

Oct. 31, 2020

Notes Tables

Schedule of Components of Income Tax Payable Receivable [Table Text Block]

		Year Ended October 31,
(In thousands)		2020				2019
State income taxes:
Current		$	3,832			$	2,301
Deferred			-				-
Federal income taxes:
Current			-				-
Deferred			-				-
Total		$	3,832			$	2,301

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended October 31,
(In thousands)		2020				2019				2018
Current income tax expense:
Federal (1)		$	-			$	-			$	-
State (2)			4,475				2,449				3,626
Total current income tax expense:			4,475				2,449				3,626
Federal			-				-				-
State			-				-				-
Total deferred income tax expense:			-				-				-
Total		$	4,475			$	2,449			$	3,626

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		Year Ended October 31,
(In thousands)		2020				2019
Deferred tax assets:
Inventory impairment loss		$	42,120			$	47,000
Uniform capitalization of overhead			3,870				3,917
Warranty and legal reserves			4,848				4,404
Acquisition intangibles			-				424
Compensation			9,554				8,477
Deferred Income			3,793				5,167
Interest Expense			3,930				6,616
Restricted stock bonus			1,644				1,553
Stock options			4,026				4,288
Provision for losses			16,566				16,820
Joint venture loss			3,020				4,392
Federal net operating losses			299,854				334,142
State net operating losses			181,050				184,740
Other			3,259				1,280
Total deferred tax assets			577,534				623,220
Total deferred tax liabilities			-				-
Valuation allowance			(577,534	)			(623,220	)
Net deferred income taxes		$	-			$	-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended October 31,
		2020				2019				2018
Computed “expected” tax rate			21.0	%			21.0	%			21.0	%
State income taxes, net of federal income tax benefit			10.6				(5.0	)			17.2
Permanent differences, net			53.2				(42.4	)			74.0
Deferred tax asset valuation allowance impact			(83.3	)			20.8				(70.8	)
Tax contingencies			(0.5	)			0.5				1.0
Adjustments to prior years’ tax accruals			7.0				(1.0	)			2.1
Effective tax rate			8.0	%			(6.1	)%			44.5	%

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		2020				2019
Unrecognized tax benefit—November 1,		$	0.9			$	1.2
Gross increases—tax positions in current period			-				-
Lapse of statute of limitations			(0.2	)			(0.3	)
Unrecognized tax benefit—October 31,		$	0.7			$	0.9

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