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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Revenues $ 2,922,231 $ 2,782,857 $ 2,343,901
Total expenses 2,624,716 2,598,097 2,318,400
Corporate general and administrative 102,618 106,694 80,553
Other interest expensed [1],[2] 47,343 77,716 103,801
Other expenses, net 2,421 1,740 1,096
(Loss) gain on extinguishment of debt, net (6,795) (3,748) 13,337
Income from unconsolidated joint ventures 29,033 8,849 16,565
Income before income taxes 319,753 189,861 55,403
Tax provision (benefit) 94,263 (417,956) 4,475
Net income 225,490 607,817 50,928
Less: preferred stock dividends 10,675 0 0
Net income available to common stockholders $ 214,815 $ 607,817 $ 50,928
Basic earnings per share (in dollars per share) $ 30.31 $ 87.50 $ 7.48
Weighted-average number of common shares outstanding basic (in shares) 6,437 6,287 6,189
Net income per common share (in dollars per share) $ 29.00 $ 85.86 $ 7.03
Weighted-average number of common shares outstanding (in shares) 6,728 6,395 6,584
State and Local Jurisdiction [Member]      
Tax provision (benefit) $ 34,199 $ (82,348) $ 4,475
Domestic Tax Authority [Member]      
Tax provision (benefit) 60,064 (335,608) 0
Homebuilding [Member]      
Revenues 2,860,691 2,701,165 2,271,739
Cost of sales, excluding interest 2,137,063 2,110,196 1,848,486
Cost of sales interest 85,240 84,100 74,330
Inventory impairments and land option write-offs 14,076 3,630 8,813
Total cost of sales 2,236,379 2,197,926 1,931,629
Selling, general and administrative 193,536 169,892 161,261
Total expenses 2,429,915 2,367,818 2,092,890
Homebuilding [Member] | Sale of Homes [Member]      
Revenues 2,840,454 2,673,710 2,252,029
Homebuilding [Member] | Land Sales and Other Revenues [Member]      
Revenues 20,237 27,455 19,710
Financial Services [Member]      
Revenues 61,540 81,692 72,162
Total expenses $ 42,419 $ 44,129 $ 40,060
[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) 2022 2021 2020 Other interest expensed $ 47,343 $ 77,716 $ 103,801 Interest paid by our mortgage and finance subsidiaries 1,790 2,102 2,165 (Increase) decrease in accrued interest (4,261 ) 7,409 (16,482 ) Cash paid for interest, net of capitalized interest $ 44,872 $ 87,227 $ 89,484
[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 $28.6 million, $57.1 million and $61.9 million for the years ended October 31, 2022, 2021 and 2020, 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 as incurred. This component of other interest was $18.8 million, $20.6 million and $41.9 million for the years ended October 31, 2022, 2021 and 2020, respectively.