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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Revenues $ 515,366 $ 565,313
Total expenses 504,479 538,103
Corporate general and administrative 25,490 29,435
Other interest expensed [1],[2] 15,093 13,393
Other expenses, net 386 368
Income from unconsolidated joint ventures 7,160 8,191
Income before income taxes 18,047 35,401
Tax provision (benefit) (669) 10,593
Net income 18,716 24,808
Less: preferred stock dividends 2,669 2,669
Net income available to common stockholders $ 16,047 $ 22,139
Net income per common share (in dollars per share) $ 2.37 $ 3.12
Weighted-average number of common shares outstanding basic (in shares) 6,186 6,389
Net income per common share (in dollars per share) $ 2.26 $ 3.07
Weighted-average number of common shares outstanding (in shares) 6,468 6,501
State and Local Jurisdiction [Member]    
Tax provision (benefit) $ 2,211 $ 2,543
Domestic Tax Authority [Member]    
Tax provision (benefit) (2,880) 8,050
Homebuilding [Member]    
Revenues 503,202 552,004
Cost of sales, excluding interest 391,040 427,917
Cost of sales interest 15,022 13,745
Inventory impairments and land option write-offs 477 99
Total cost of sales 406,539 441,761
Selling, general and administrative 47,918 42,746
Total expenses 454,457 484,507
Homebuilding [Member] | Sale of Homes [Member]    
Revenues 499,645 551,366
Homebuilding [Member] | Land Sales and Other Revenues [Member]    
Revenues 3,557 638
Financial Services [Member]    
Revenues 12,164 13,309
Total expenses $ 9,053 $ 10,400
[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 $6.6 million and $11.5 million for the three months ended January 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 $8.5 million and $1.9 million for the three months ended January 31, 2023 and 2022, respectively.