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Note 10 - Operating and Reporting Segments (Tables)

12 Months Ended

Oct. 31, 2023

Operating Segments [Member]

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Year Ended October 31,
(In thousands)		2023				2022				2021
Revenues:
Northeast		$	968,851			$	1,085,081			$	871,091
Southeast			420,296				323,961				285,658
West			1,295,992				1,450,632				1,544,397
Total homebuilding			2,685,139				2,859,674				2,701,146
Financial services			60,088				61,540				81,692
Corporate and unallocated			10,789				1,017				19
Total revenues		$	2,756,016			$	2,922,231			$	2,782,857
Income before income taxes:
Northeast		$	178,516			$	177,406			$	102,896
Southeast			77,750				60,178				17,764
West			114,084				207,519				198,343
Total homebuilding			370,350				445,103				319,003
Financial services			19,365				19,121				37,563
Corporate and unallocated (1)			(133,764	)			(144,471	)			(166,705	)
Income before income taxes		$	255,951			$	319,753			$	189,861

		October 31,
(In thousands)		2023				2022
Assets:
Northeast		$	483,784			$	530,884
Southeast			286,701				330,894
West			733,318				802,704
Total homebuilding			1,503,803				1,664,482
Financial services			168,671				155,993
Corporate and unallocated			820,466				741,555
Total assets		$	2,492,940			$	2,562,030

		October 31,
(In thousands)		2023				2022
Investments in and advances to unconsolidated joint ventures:
Northeast		$	56,758			$	20,241
Southeast			35,262				52,651
West			4,503				174
Total homebuilding			96,523				73,066
Corporate and unallocated			1,363				1,874
Total investments in and advances to unconsolidated joint ventures		$	97,886			$	74,940

		Year Ended October 31,
(In thousands)		2023				2022				2021
Homebuilding interest expense:
Northeast		$	32,071			$	31,552			$	30,212
Southeast			20,055				17,403				19,490
West			65,068				55,056				55,029
Total homebuilding			117,194				104,011				104,731
Corporate and unallocated			17,707				28,572				57,085
Financial services interest expense (income) (1)			1				(213	)			(35	)
Total interest expense, net		$	134,902			$	132,370			$	161,781

		Year Ended October 31,
(In thousands)		2023				2022				2021
Depreciation:
Northeast		$	4,352			$	1,542			$	1,459
Southeast			444				291				214
West			1,325				1,298				1,811
Total homebuilding			6,121				3,131				3,484
Financial services			-				5				13
Corporate and unallocated			2,677				2,321				1,783
Total depreciation		$	8,798			$	5,457			$	5,280

		Year Ended October 31,
(In thousands)		2023				2022				2021
Net additions to property and equipment:
Northeast		$	1,678			$	1,848			$	1,271
Southeast			263				229				256
West			1,599				1,841				1,174
Total homebuilding			3,540				3,918				2,701
Financial services			1,040				28				-
Corporate and unallocated			14,241				8,646				3,241
Total net additions to property and equipment		$	18,821			$	12,592			$	5,942

		Year Ended October 31,
(In thousands)		2023				2022				2021
Equity in earnings from unconsolidated joint ventures:
Northeast		$	27,253			$	12,674			$	2,958
Southeast			15,696				16,359				2,061
West			211				-				3,830
Total equity in earnings from unconsolidated joint ventures		$	43,160			$	29,033			$	8,849

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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