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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Revenues $ 2,782,857 $ 2,343,901 $ 2,016,916
Inventory impairment and land option write-offs 3,630 8,813 6,288
Total expenses 2,598,097 2,318,400 2,043,080
Corporate general and administrative 106,694 80,553 66,364
Other interest [1],[2] 77,716 103,801 90,056
Other operations 1,740 1,096 1,561
(Loss) gain on extinguishment of debt (3,748) 13,337 (42,436)
Income from unconsolidated joint ventures 8,849 16,565 28,932
Income (loss) before income taxes 189,861 55,403 (39,668)
Tax provision (benefit) (417,956) 4,475 2,449
Net income (loss) $ 607,817 $ 50,928 $ (42,117)
Basic earnings (loss) per share (in dollars per share) $ 87.50 $ 7.48 $ (7.06)
Weighted-average number of common shares outstanding basic (in shares) 6,287 6,189 5,968
Net income (loss) per common share (in dollars per share) $ 85.86 $ 7.03 $ (7.06)
Weighted-average number of common shares outstanding (in shares) 6,395 6,584 5,968
State and Local Jurisdiction [Member]      
Tax provision (benefit) $ (82,348) $ 4,475 $ 2,449
Domestic Tax Authority [Member]      
Tax provision (benefit) (335,608) 0 0
Homebuilding [Member]      
Revenues 2,701,165 2,271,739 1,962,764
Cost of sales, excluding interest 2,110,196 1,848,486 1,604,777
Cost of sales interest 84,100 74,330 70,725
Inventory impairment and land option write-offs 3,630 8,813 6,288
Total cost of sales 2,197,926 1,931,629 1,681,790
Selling, general and administrative 169,892 161,261 166,784
Total expenses 2,367,818 2,092,890 1,848,574
Homebuilding [Member] | Sale of Homes [Member]      
Revenues 2,673,710 2,252,029 1,949,682
Homebuilding [Member] | Land Sales and Other Revenues [Member]      
Revenues 27,455 19,710 13,082
Financial Services [Member]      
Revenues 81,692 72,162 54,152
Total expenses $ 44,129 $ 40,060 $ 36,525
[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 October 31, October 31, October 31, (In thousands) 2021 2020 2019 Other interest expensed $ 77,716 $ 103,801 $ 90,056 Interest paid by our mortgage and finance subsidiaries 2,102 2,165 2,536 Decrease (increase) in accrued interest 7,409 (16,482 ) 16,515 Cash paid for interest, net of capitalized interest $ 87,227 $ 89,484 $ 109,107
[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 $57.1 million, $61.9million and $56.9 million for the years ended October 31, 2021, 2020 and 2019, 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 $20.6 million, $41.9 million and $33.2 million for the years ended October 31, 2021, 2020 and 2019, respectively.