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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2023
Oct. 31, 2022
ASSETS    
Investments in and advances to unconsolidated joint ventures $ 97,886 $ 74,940
Property and equipment, net 33,946 25,819
Assets 2,492,940 2,562,030
Assets 2,492,940 2,562,030
Deferred tax assets, net 302,833 344,793
LIABILITIES AND EQUITY    
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 1,051,491 1,146,547
Liabilities 1,911,151 2,178,979
Liabilities 1,911,151 2,178,979
Income taxes payable 1,861 3,167
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at October 31, 2023 and October 31, 2022 135,299 135,299
Paid in capital - common stock 735,946 727,663
Accumulated deficit (157,197) (352,413)
Treasury stock - at cost – 901,379 shares of Class A common stock at October 31, 2023 and 782,901 shares at October 31, 2022; 27,669 shares of Class B common stock at October 31, 2023 and October 31, 2022 (132,382) (127,582)
Total Hovnanian Enterprises, Inc. stockholders’ equity 581,736 383,036
Noncontrolling interest in consolidated joint ventures 53 15
Total equity 581,789 383,051
Total liabilities and equity 2,492,940 2,562,030
Common Class A [Member]    
LIABILITIES AND EQUITY    
Common Stock 62 62
Common Class B [Member]    
LIABILITIES AND EQUITY    
Common Stock 8 7
Homebuilding [Member]    
ASSETS    
Cash and cash equivalents 434,119 326,198
Restricted cash and cash equivalents 8,431 13,382
Sold and unsold homes and lots under development 998,841 1,058,183
Land and land options held for future development or sale 125,587 152,406
Consolidated inventory not owned 224,758 308,595
Total inventories 1,349,186 1,519,184
Investments in and advances to unconsolidated joint ventures 97,886 74,940
Receivables, deposits and notes, net 27,982 37,837
Prepaid expenses and other assets 69,886 63,884
Assets 2,021,436 2,061,244
Assets 2,021,436 2,061,244
LIABILITIES AND EQUITY    
Accounts payable and other liabilities 415,480 439,952
Customers’ deposits 51,419 74,020
Liabilities from inventory not owned, net of debt issuance costs 124,254 202,492
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 1,051,491 1,146,547
Accrued interest 26,926 32,415
Liabilities 1,761,109 2,040,231
Liabilities 1,761,109 2,040,231
Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member]    
LIABILITIES AND EQUITY    
Nonrecourse mortgages, net of debt issuance costs 91,539 144,805
Financial Services [Member]    
ASSETS    
Cash and cash equivalents 4,519 6,468
Restricted cash and cash equivalents 30,450 36,142
Assets 168,671 155,993
Assets 168,671 155,993
LIABILITIES AND EQUITY    
Liabilities 148,181 135,581
Liabilities $ 148,181 $ 135,581