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Note 10 - Operating and Reporting Segments (Tables)

12 Months Ended

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

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.

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