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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net income $ 205,891 $ 225,490 $ 607,817
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 8,798 5,457 5,280
Stock-based compensation 14,227 10,276 7,668
Amortization of debt discounts, premiums and deferred financing costs 1,645 376 242
(Gain) loss on sale of property and assets (1,106) (34) 92
Gain on consolidation of joint venture (19,102) 0 0
Income from unconsolidated joint ventures (43,160) (29,033) (8,849)
Distributions of earnings from unconsolidated joint ventures 18,650 3,990 9,709
Loss on extinguishment of debt 25,638 6,795 3,748
Noncontrolling interest in consolidated joint ventures 38 270 430
Decrease (increase) in assets:      
Inventories 278,672 (279,000) (35,514)
Receivables, deposits and notes 11,296 (2,632) (3,016)
Origination of mortgage loans (1,216,923) (1,205,604) (1,490,099)
Sale of mortgage loans 1,197,988 1,245,408 1,443,355
Deferred tax assets 41,960 80,885 (425,678)
(Decrease) increase in liabilities:      
Accounts payable, accrued interest and other liabilities (59,554) 7,705 71,370
Increase (Decrease) in Contract with Customer, Liability (29,913) 5,725 20,009
State income tax payable (1,306) (684) 19
Net cash provided by operating activities 435,275 89,466 210,213
Cash flows from investing activities:      
Proceeds from sale of property and assets 1,961 63 32
Purchase of property, equipment, and other fixed assets (18,821) (12,592) (5,942)
Investment in and advances to unconsolidated joint ventures, net of reimbursements (77,822) 35 (16,550)
Distributions of capital from unconsolidated joint ventures 16,447 10,342 31,456
Net cash (used in) provided by investing activities (78,235) (2,152) 8,996
Cash flows from financing activities:      
Proceeds from mortgages and notes 324,849 438,883 252,930
Payments related to mortgages and notes (382,933) (418,383) (262,609)
Proceeds from model sale leaseback financing programs 12,412 35,030 7,606
Payments related to model sale leaseback financing programs (21,875) (14,857) (23,677)
Proceeds from land bank financing programs 53,115 189,952 35,282
Payments related to land bank financing programs (123,109) (68,746) (88,458)
Proceeds from partner distributions to consolidated joint venture 0 40 40
Payments for partner distributions to consolidated joint venture 0 (782) (818)
Net borrowings from senior secured notes 640,925 0 0
Payments related to senior secured notes (752,182) (103,875) (182,726)
Preferred dividends paid (10,675) (10,675) 0
Treasury stock purchases (4,800) (12,222) 0
Deferred financing costs from note issuances and land banking financing programs (13,870) (10,267) (2,587)
Net cash used in financing activities (261,711) (16,520) (217,273)
Net increase in cash and cash equivalents, and restricted cash and cash equivalents 95,329 70,794 1,936
Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period 382,190 311,396 309,460
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 477,519 382,190 311,396
Supplemental disclosures of cash flows:      
Interest, net of capitalized interest (see Note 3 to the Consolidated Financial Statements) 62,576 44,872 87,227
Income taxes 9,407 14,062 7,669
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 477,519 382,190 311,396
Homebuilding [Member]      
Adjustments to reconcile net income to net cash provided by operating activities:      
Inventory impairments and land option write-offs 1,536 14,076 3,630
Supplemental disclosures of cash flows:      
Cash and cash equivalents 434,119 326,198 245,970
Restricted cash and cash equivalents 8,431 13,382 16,089
Financial Services [Member]      
Cash flows from financing activities:      
Net proceeds (payments) related to mortgage warehouse lines of credit 16,432 (40,618) 47,744
Supplemental disclosures of cash flows:      
Cash and cash equivalents 4,519 6,468 5,819
Restricted cash and cash equivalents $ 30,450 $ 36,142 $ 43,518