XML 51 R35.htm IDEA: XBRL DOCUMENT v3.21.4

Note 10 - Operating and Reporting Segments (Tables)

12 Months Ended

Oct. 31, 2021

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		October 31,
(In thousands)		2021				2020
Assets:
Northeast		$	133,390			$	107,748
Mid-Atlantic			273,073				271,867
Midwest			85,044				106,774
Southeast			257,044				248,506
Southwest			413,532				357,444
West			229,810				278,811
Total homebuilding			1,391,893				1,371,150
Financial services			202,758				140,607
Corporate and unallocated			725,857				315,585
Total assets		$	2,320,508			$	1,827,342

		October 31,
(In thousands)		2021				2020
Investments in and advances to unconsolidated joint ventures:
Northeast		$	10,259			$	14,646
Mid-Atlantic			8,660				11,055
Midwest			1				498
Southeast			40,563				66,234
Southwest			-				9,965
West			268				64
Total homebuilding			59,751				102,462
Corporate and unallocated			1,146				702
Total investments in and advances to unconsolidated joint ventures		$	60,897			$	103,164

Operating Segments [Member]

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Year Ended October 31,
(In thousands)		2021				2020				2019
Revenues:
Northeast		$	142,445			$	192,069			$	124,372
Mid-Atlantic			465,876				403,669				357,247
Midwest			262,770				225,718				204,461
Southeast			285,658				232,730				220,082
Southwest			903,178				744,197				629,344
West			641,219				472,889				425,516
Total homebuilding			2,701,146				2,271,272				1,961,022
Financial services			81,692				72,162				54,152
Corporate and unallocated			19				467				1,742
Total revenues		$	2,782,857			$	2,343,901			$	2,016,916
Income (loss) before income taxes:
Northeast		$	22,922			$	30,371			$	20,954
Mid-Atlantic			61,567				34,570				14,327
Midwest			18,407				(1,805	)			(649	)
Southeast			17,764				1,355				(10,060	)
Southwest			115,840				68,184				33,459
West			82,503				16,415				40,018
Total homebuilding			319,003				149,090				98,049
Financial services			37,563				32,102				17,627
Corporate and unallocated (1)			(166,705	)			(125,789	)			(155,344	)
Income (loss) before income taxes		$	189,861			$	55,403			$	(39,668	)

		Year Ended October 31,
(In thousands)		2021				2020				2019
Homebuilding interest expense:
Northeast		$	8,156			$	13,636			$	10,011
Mid-Atlantic			14,416				16,076				18,563
Midwest			7,640				9,377				7,121
Southeast			19,490				17,005				18,798
Southwest			28,899				29,898				27,731
West			26,130				30,222				23,051
Total homebuilding			104,731				116,214				105,275
Corporate and unallocated			57,085				61,917				55,506
Financial services interest expense (1)			(35	)			(35	)			334
Total interest expense, net		$	161,781			$	178,096			$	161,115

		Year Ended October 31,
(In thousands)		2021				2020				2019
Depreciation:
Northeast		$	111			$	229			$	188
Mid-Atlantic			205				264				209
Midwest			1,143				1,112				1,097
Southeast			214				327				230
Southwest			870				699				331
West			941				801				326
Total homebuilding			3,484				3,432				2,381
Financial services			13				13				14
Corporate and unallocated			1,783				1,859				1,777
Total depreciation		$	5,280			$	5,304			$	4,172

		Year Ended October 31,
(In thousands)		2021				2020				2019
Net additions to operating properties and equipment:
Northeast		$	96			$	43			$	107
Mid-Atlantic			118				165				168
Midwest			1,057				861				237
Southeast			256				102				221
Southwest			782				776				741
West			392				846				921
Total homebuilding			2,701				2,793				2,395
Financial services			-				-				-
Corporate and unallocated			3,241				587				1,610
Total net additions to operating properties and equipment		$	5,942			$	3,380			$	4,005

		Year Ended October 31,
(In thousands)		2021				2020				2019
Equity in earnings (losses) from unconsolidated joint ventures:
Northeast		$	3,681			$	11,039			$	19,242
Mid-Atlantic			(774	)			(292	)			3,404
Midwest			51				(103	)			(432	)
Southeast			2,061				820				1,310
Southwest			3,780				5,111				7,951
West			50				(10	)			(2,543	)
Total equity in earnings from unconsolidated joint ventures		$	8,849			$	16,565			$	28,932

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: