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Note 5 - Property, Plant and Equipment
 12 Months Ended
Oct. 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

5. Property and Equipment

 

Homebuilding property and equipment consists of land and land improvements, buildings, building improvements, furniture and equipment used to conduct day-to-day business and are recorded at cost less accumulated depreciation.

 

Property and equipment balances as of October 31, 2022 and 2021 were as follows:

 

  

October 31,

 

(In thousands)

 

2022

  

2021

 
         

Land and land improvements

 $1,639  $1,639 

Buildings

  9,497   9,497 

Building improvements

  22,220   15,478 

Furniture

  4,363   4,214 

Equipment, including capitalized software

  

40,002

   36,467 

Property and equipment

  77,721   67,295 

Less: accumulated depreciation

  (51,902)  (48,559)

Property and equipment, net

 $25,819  $18,736