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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 607,817 $ 50,928 $ (42,117)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 5,280 5,304 4,172
Compensation from stock options and awards 7,668 2,779 721
Amortization of bond discounts, premiums and deferred financing costs 242 1,891 8,128
Loss (gain) on sale and retirement of property and assets 92 (81) (25)
Income from unconsolidated joint ventures (8,849) (16,565) (28,932)
Distributions of earnings from unconsolidated joint venture 9,709 35,387 29,919
Loss (gain) on extinguishment of debt 3,748 (13,337) 42,436
Noncontrolling interest in consolidated joint ventures 430 148 4
Inventory impairment and land option write-offs 3,630 8,813 6,288
(Increase) decrease in assets:      
Origination of mortgage loans (1,490,099) (1,306,279) (1,089,825)
Sale of mortgage loans 1,443,355 1,367,903 1,054,535
Receivables, prepaids, deposits and other assets (3,016) 20,519 (15,911)
Inventories (35,514) 87,897 (220,608)
Deferred tax assets (425,678) 0 0
Increase (decrease) in liabilities:      
State income tax payable 19 1,531 (1,033)
Customers’ deposits 20,009 12,414 5,786
Accounts payable, accrued interest and other accrued liabilities 71,370 33,576 (2,665)
Net cash provided by (used in) operating activities 210,213 292,828 (249,127)
Cash flows from investing activities:      
Proceeds from sale of property and assets 32 112 29
Purchase of property, equipment, and other fixed assets and acquisitions (5,942) (3,380) (4,005)
Investment in and advances to unconsolidated joint ventures (16,550) (19,924) (13,256)
Distributions of capital from unconsolidated joint ventures 31,456 25,332 8,925
Net cash provided by (used in) investing activities 8,996 2,140 (8,307)
Cash flows from financing activities:      
Proceeds from mortgages and notes 252,930 278,577 318,462
Payments related to mortgages and notes (262,609) (348,371) (209,445)
Proceeds from model sale leaseback financing programs 7,606 19,200 33,188
Payments related to model sale leaseback financing programs (23,677) (23,646) (25,791)
Proceeds from land bank financing programs 35,282 68,060 104,961
Payments related to land bank financing programs (88,458) (73,999) (33,902)
Proceeds from partner distributions to consolidated joint venture 40 0 683
Payments for partner distributions to consolidated joint venture (818) 0 0
Payments related to senior secured notes, net of discount (182,726) (21,240) (570,032)
Deferred financing costs from land banking financing programs and note issuances (2,587) (13,278) (16,748)
Net cash (used in) provided by financing activities (217,273) (167,774) 206,708
Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents 1,936 127,194 (50,726)
Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period 309,460 182,266 232,992
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 311,396 309,460 182,266
Supplemental disclosures of cash flows:      
Interest, net of capitalized interest (see Note 3 to the Consolidated Financial Statements) 87,227 89,484 109,107
Income taxes 7,669 3,013 3,483
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 311,396 309,460 182,266
Homebuilding [Member]      
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Inventory impairment and land option write-offs 3,630 8,813 6,288
Supplemental disclosures of cash flows:      
Cash and cash equivalents 245,970 262,489 130,976
Restricted cash and cash equivalents 16,089 14,731 20,905
Financial Services [Member]      
Supplemental disclosures of cash flows:      
Cash and cash equivalents 5,819 4,854 5,578
Restricted cash and cash equivalents 43,518 27,386 24,807
Senior Secured Revolving Credit Facility [Member]      
Cash flows from financing activities:      
Net borrowings from senior secured credit facility 0 125,000 0
Payments related to senior secured credit facility 0 (125,000) 0
Senior Secured Notes [Member]      
Cash flows from financing activities:      
Proceeds from senior secured notes, net of discount 0 0 578,231
Mortgage Warehouse Lines of Credit [Member]      
Cash flows from financing activities:      
Net proceeds (payments) related to mortgage warehouse lines of credit $ 47,744 $ (53,077) $ 27,101