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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Revenues $ 702,537 $ 703,162 $ 1,267,850 $ 1,277,826
Inventory impairment loss and land option write-offs     664 1,958
Total expenses 617,968 674,771 1,156,071 1,231,766
Corporate general and administrative 21,684 40,382 51,119 63,865
Less other interest expensed(2)(3) [1],[2] 12,425 22,033 25,818 46,008
Other operations 641 451 1,009 729
Loss on extinguishment of debt (6,795) 0 (6,795) 0
Income from unconsolidated joint ventures 3,171 2,641 11,362 4,557
Income before income taxes 80,945 31,032 116,346 50,617
Tax provision (benefit) 18,510 (457,644) 29,103 (457,018)
Net income 62,435 488,676 87,243 507,635
Less: preferred stock dividends 2,669 0 5,338 0
Net income available to common stockholders $ 59,766 $ 488,676 $ 81,905 $ 507,635
Net income per common share (in dollars per share) $ 8.50 $ 71.11 $ 11.62 $ 74.00
Weighted-average number of common shares outstanding basic (in shares) 6,396 6,248 6,392 6,236
Net income per common share (in dollars per share) $ 8.39 $ 69.65 $ 11.44 $ 72.71
Weighted-average number of common shares outstanding (in shares) 6,477 6,368 6,492 6,331
State and Local Jurisdiction [Member]        
Tax provision (benefit) $ 2,587 $ (91,374) $ 5,130 $ (90,748)
Domestic Tax Authority [Member]        
Tax provision (benefit) 15,923 (366,270) 23,973 (366,270)
Homebuilding [Member]        
Revenues 686,831 681,434 1,238,835 1,236,601
Cost of sales, excluding interest 503,682 536,534 931,599 976,172
Cost of sales interest 21,678 21,725 35,423 38,890
Inventory impairment loss and land option write-offs 565 81 664 1,958
Total cost of sales 525,925 558,340 967,686 1,017,020
Selling, general and administrative 46,501 42,204 89,247 82,429
Total expenses 572,426 600,544 1,056,933 1,099,449
Homebuilding [Member] | Sale of Homes [Member]        
Revenues 685,823 679,515 1,237,189 1,230,880
Homebuilding [Member] | Land Sales and Other Revenues [Member]        
Revenues 1,008 1,919 1,646 5,721
Financial Services [Member]        
Revenues 15,706 21,728 29,015 41,225
Total expenses $ 10,792 $ 11,361 $ 21,192 $ 21,715
[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:
[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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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. This component of other interest was $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.