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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net income $ 555,337 $ 10,294
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,091 3,897
Compensation from stock options and awards 5,309 38
Amortization of bond discounts, premiums and deferred financing costs 490 1,718
Gain on sale and retirement of property and assets (11) (84)
Income from unconsolidated joint ventures (9,568) (13,419)
Distributions of earnings from unconsolidated joint venture 8,933 30,411
Loss (gain) on extinguishment of debt 306 (13,337)
Noncontrolling interest in consolidated joint ventures 310 63
Inventory impairment and land option write-offs 3,267 6,202
(Increase) decrease in assets:    
Origination of mortgage loans (1,087,731) (931,602)
Sale of mortgage loans 1,060,423 998,935
Receivables, prepaids, deposits and other assets (1,972) 14,381
Inventories (96,576) 72,780
Deferred tax assets (447,453) 0
(Decrease) increase in liabilities:    
State income tax payable (1,348) 256
Customers’ deposits 28,443 5,120
Accounts payable, accrued interest and other accrued liabilities 60,022 7,181
Net cash provided by operating activities 82,272 192,834
Cash flows from investing activities:    
Proceeds from sale of property and assets 30 104
Purchase of property, equipment, and other fixed assets and acquisitions (3,889) (2,648)
Investment in and advances to unconsolidated joint ventures (16,337) (19,924)
Distributions of capital from unconsolidated joint ventures 27,175 4,161
Net cash provided by (used in) investing activities 6,979 (18,307)
Cash flows from financing activities:    
Proceeds from mortgages and notes 160,604 210,498
Payments related to mortgages and notes (178,251) (235,498)
Proceeds from model sale leaseback financing programs 5,638 18,355
Payments related to model sale leaseback financing programs (18,233) (16,764)
Proceeds from land bank financing programs 27,636 57,120
Payments related to land bank financing programs (77,313) (55,173)
Proceeds from partner distributions to consolidated joint venture 40 0
Payments for partner distributions to consolidated joint venture (563) 0
Net proceeds (payments) related to mortgage warehouse lines of credit 29,216 (55,030)
Net borrowings from senior secured credit facility 0 125,000
Payments related to senior secured credit facility 0 (125,000)
Payments related to senior secured notes, net of discount (111,214) (21,240)
Deferred financing costs from land banking financing programs and note issuances (1,205) (12,801)
Net cash used in financing activities (163,645) (110,533)
Net (decrease) increase in cash and cash equivalents, and restricted cash and cash equivalents (74,394) 63,994
Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period 309,460 182,266
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 235,066 246,260
Supplemental disclosures of cash flows:    
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements) 54,823 49,395
Income taxes 5,847 2,478
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 235,066 246,260
Homebuilding [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Inventory impairment and land option write-offs 3,267 6,202
Supplemental disclosures of cash flows:    
Cash and cash equivalents 172,748 198,098
Restricted cash and cash equivalents 15,100 13,433
Financial Services [Member]    
Supplemental disclosures of cash flows:    
Cash and cash equivalents 6,187 7,536
Restricted cash and cash equivalents $ 41,031 $ 27,193