XML 76 R48.htm IDEA: XBRL DOCUMENT v3.23.4
Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($)
$ in Thousands
 12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Cash Equivalents, at Carrying Value $ 11,400 $ 13,400  
General Liability Insurance Deductible 25,000 25,000  
Aggregate Retention for Construction Defects Warranty and Bodily Injury Claims 25,000 25,000  
Real Estate Inventory Expense Not Eligible for Capitalization [1],[2] 54,082 47,343 $ 77,716
Advertising Expense 15,400 10,600 9,800
Accounts Receivable, Allowance for Credit Loss 12,800 12,700  
Accounts Receivable, Credit Loss Expense (Reversal) (400) (2,500)  
Accounts Receivable, Allowance for Credit Loss, Recovery 200 300  
Accounts Receivable, Allowance for Credit Loss, Writeoff $ 100 0  
Building and Building Improvements [Member]      
Property, Plant and Equipment, Useful Life (Year) 39 years    
Qualifying Assets Not Exceeding Debt [Member]      
Real Estate Inventory Expense Not Eligible for Capitalization $ 17,700 28,600 57,100
Completed Homes, Land in Planning and Fully Developed Lots without Homes under Construction [Member]      
Real Estate Inventory Expense Not Eligible for Capitalization $ 36,400 18,800 $ 20,600
Maximum [Member]      
Joint Venture Voting Interest Percentage 50.00%    
Maximum [Member] | Furniture and Fixtures [Member]      
Property, Plant and Equipment, Useful Life (Year) 7 years    
Maximum [Member] | Equipment [Member]      
Property, Plant and Equipment, Useful Life (Year) 7 years    
Maximum [Member] | Software and Software Development Costs [Member]      
Property, Plant and Equipment, Useful Life (Year) 5 years    
Minimum [Member]      
Joint Venture Voting Interest Percentage 20.00%    
Minimum [Member] | Furniture and Fixtures [Member]      
Property, Plant and Equipment, Useful Life (Year) 5 years    
Minimum [Member] | Equipment [Member]      
Property, Plant and Equipment, Useful Life (Year) 5 years    
Minimum [Member] | Software and Software Development Costs [Member]      
Property, Plant and Equipment, Useful Life (Year) 3 years    
CALIFORNIA      
Bodily Injury Insurance Deductible $ 500 500  
CALIFORNIA | Maximum [Member]      
Bodily Injury Insurance Limit 5,000 5,000  
All States Other Than California [Member]      
Bodily Injury Insurance Deductible 250 250  
All States Other Than California [Member] | Maximum [Member]      
Bodily Injury Insurance Limit 5,000 5,000  
Homebuilding [Member]      
Liabilities from Inventory Real Estate Not Owned 124,254 202,492  
Homebuilding [Member] | Model Sale Leaseback Financing Arrangements [Member]      
Inventory Real Estate, Other Options 41,700 48,500  
Liabilities from Inventory Real Estate Not Owned 42,000 51,200  
Homebuilding [Member] | Land Banking Arrangement [Member]      
Inventory Real Estate, Other Options 183,100 260,100  
Liabilities from Inventory Real Estate Not Owned $ 82,300 $ 151,300  
[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 $2.6 million and $5.0 million for the three months ended July 31, 2023 and 2022, respectively, and $14.5 million and $25.5 million for the nine months ended July 31, 2023 and 2022, 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 $10.9 million and $4.6 million for the three months ended July 31, 2023 and 2022, respectively, and $28.6 million and $9.9 million for the nine months ended July 31, 2023 and 2022, respectively.