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Note 10 - Operating and Reporting Segments (Tables) | 12 Months Ended
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Oct. 31, 2022
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | October 31, |
(In thousands) |  | 2022 |  |  | 2021 |
Assets: |  |  |  |  |  |  |  |
Northeast |  | $ | 530,884 |  |  | $ | 491,507 |
Southeast |  |  | 330,894 |  |  |  | 257,044 |
West |  |  | 802,704 |  |  |  | 643,342 |
Total homebuilding |  |  | 1,664,482 |  |  |  | 1,391,893 |
Financial services |  |  | 155,993 |  |  |  | 202,758 |
Corporate and unallocated |  |  | 741,555 |  |  |  | 725,857 |
Total assets |  | $ | 2,562,030 |  |  | $ | 2,320,508 |
|  | October 31, |
(In thousands) |  | 2022 |  |  | 2021 |
Investments in and advances to unconsolidated joint ventures: |  |  |  |  |  |  |  |
Northeast |  | $ | 20,241 |  |  | $ | 18,920 |
Southeast |  |  | 52,651 |  |  |  | 40,563 |
West |  |  | 174 |  |  |  | 268 |
Total homebuilding |  |  | 73,066 |  |  |  | 59,751 |
Corporate and unallocated |  |  | 1,874 |  |  |  | 1,146 |
Total investments in and advances to unconsolidated joint ventures |  | $ | 74,940 |  |  | $ | 60,897 |
Operating Segments [Member] |
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Year Ended October 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 1,085,081 |  |  | $ | 871,091 |  |  | $ | 821,456 |
Southeast |  |  | 323,961 |  |  |  | 285,658 |  |  |  | 232,730 |
West |  |  | 1,450,632 |  |  |  | 1,544,397 |  |  |  | 1,217,086 |
Total homebuilding |  |  | 2,859,674 |  |  |  | 2,701,146 |  |  |  | 2,271,272 |
Financial services |  |  | 61,540 |  |  |  | 81,692 |  |  |  | 72,162 |
Corporate and unallocated |  |  | 1,017 |  |  |  | 19 |  |  |  | 467 |
Total revenues |  | $ | 2,922,231 |  |  | $ | 2,782,857 |  |  | $ | 2,343,901 |
Income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 177,406 |  |  | $ | 102,896 |  |  | $ | 63,136 |
Southeast |  |  | 60,178 |  |  |  | 17,764 |  |  |  | 1,355 |
West |  |  | 207,519 |  |  |  | 198,343 |  |  |  | 84,599 |
Total homebuilding |  |  | 445,103 |  |  |  | 319,003 |  |  |  | 149,090 |
Financial services |  |  | 19,121 |  |  |  | 37,563 |  |  |  | 32,102 |
Corporate and unallocated (1) |  |  | (144,471 | ) |  |  | (166,705 | ) |  |  | (125,789 | )
Income before income taxes |  | $ | 319,753 |  |  | $ | 189,861 |  |  | $ | 55,403 |
|  | Year Ended October 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Homebuilding interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 31,552 |  |  | $ | 30,212 |  |  | $ | 39,089 |
Southeast |  |  | 17,403 |  |  |  | 19,490 |  |  |  | 17,005 |
West |  |  | 55,056 |  |  |  | 55,029 |  |  |  | 60,120 |
Total homebuilding |  |  | 104,011 |  |  |  | 104,731 |  |  |  | 116,214 |
Corporate and unallocated |  |  | 28,572 |  |  |  | 57,085 |  |  |  | 61,917 |
Financial services interest expense (income) (1) |  |  | (213 | ) |  |  | (35 | ) |  |  | (35 | )
Total interest expense, net |  | $ | 132,370 |  |  | $ | 161,781 |  |  | $ | 178,096 |
|  | Year Ended October 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 1,542 |  |  | $ | 1,459 |  |  | $ | 1,605 |
Southeast |  |  | 291 |  |  |  | 214 |  |  |  | 327 |
West |  |  | 1,298 |  |  |  | 1,811 |  |  |  | 1,500 |
Total homebuilding |  |  | 3,131 |  |  |  | 3,484 |  |  |  | 3,432 |
Financial services |  |  | 5 |  |  |  | 13 |  |  |  | 13 |
Corporate and unallocated |  |  | 2,321 |  |  |  | 1,783 |  |  |  | 1,859 |
Total depreciation |  | $ | 5,457 |  |  | $ | 5,280 |  |  | $ | 5,304 |
|  | Year Ended October 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Net additions to property and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 1,848 |  |  | $ | 1,271 |  |  | $ | 1,069 |
Southeast |  |  | 229 |  |  |  | 256 |  |  |  | 102 |
West |  |  | 1,841 |  |  |  | 1,174 |  |  |  | 1,622 |
Total homebuilding |  |  | 3,918 |  |  |  | 2,701 |  |  |  | 2,793 |
Financial services |  |  | 28 |  |  |  | - |  |  |  | - |
Corporate and unallocated |  |  | 8,646 |  |  |  | 3,241 |  |  |  | 587 |
Total net additions to property and equipment |  | $ | 12,592 |  |  | $ | 5,942 |  |  | $ | 3,380 |
|  | Year Ended October 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Equity in earnings from unconsolidated joint ventures: |  |  |  |  |  |  |  |  |  |  |  |
Northeast |  | $ | 12,674 |  |  | $ | 2,958 |  |  | $ | 10,644 |
Southeast |  |  | 16,359 |  |  |  | 2,061 |  |  |  | 820 |
West |  |  | - |  |  |  | 3,830 |  |  |  | 5,101 |
Total equity in earnings from unconsolidated joint ventures |  | $ | 29,033 |  |  | $ | 8,849 |  |  | $ | 16,565 |

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