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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2023
Apr. 30, 2022
Revenues $ 703,661 $ 702,537 $ 1,219,027 $ 1,267,850
Total expenses 662,946 617,968 1,167,425 1,156,071
Corporate general and administrative 25,079 21,684 50,569 51,119
Other interest expensed [1],[2] 14,501 12,425 29,594 25,818
Other expenses, net 574 641 960 1,009
Loss on extinguishment of debt, net 0 (6,795) 0 (6,795)
Income from unconsolidated joint ventures 5,408 3,171 12,568 11,362
Income before income taxes 46,123 80,945 64,170 116,346
Tax provision (benefit) 11,977 18,510 11,308 29,103
Net income 34,146 62,435 52,862 87,243
Less: preferred stock dividends 2,669 2,669 5,338 5,338
Net income available to common stockholders $ 31,477 $ 59,766 $ 47,524 $ 81,905
Net income per common share (in dollars per share) $ 4.68 $ 8.50 $ 7.05 $ 11.62
Weighted-average number of common shares outstanding basic (in shares) 6,166 6,396 6,176 6,392
Net income per common share (in dollars per share) $ 4.47 $ 8.39 $ 6.74 $ 11.44
Weighted-average number of common shares outstanding (in shares) 6,462 6,477 6,463 6,492
State and Local Jurisdiction [Member]        
Tax provision (benefit) $ 1,083 $ 2,587 $ 3,294 $ 5,130
Domestic Tax Authority [Member]        
Tax provision (benefit) 10,894 15,923 8,014 23,973
Homebuilding [Member]        
Revenues 689,458 686,831 1,192,660 1,238,835
Cost of sales, excluding interest 540,622 503,682 931,662 931,599
Cost of sales interest 21,425 21,678 36,447 35,423
Inventory impairments and land option write-offs 137 565 614 664
Total cost of sales 562,184 525,925 968,723 967,686
Selling, general and administrative 50,456 46,501 98,374 89,247
Total expenses 612,640 572,426 1,067,097 1,056,933
Homebuilding [Member] | Sale of Homes [Member]        
Revenues 670,708 685,823 1,170,353 1,237,189
Homebuilding [Member] | Land Sales and Other Revenues [Member]        
Revenues 18,750 1,008 22,307 1,646
Financial Services [Member]        
Revenues 14,203 15,706 26,367 29,015
Total expenses $ 10,152 $ 10,792 $ 19,205 $ 21,192
[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 $5.3 million and $9.0 million for the three months ended April 30, 2023 and 2022, respectively, and $11.8 million and $20.5 million for the six months ended April 30, 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 $9.2 million and $3.4 million for the three months ended April 30, 2023 and 2022, respectively, and $17.8 million and $5.3 million for the six months ended April 30, 2023 and 2022, respectively.