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Note 17 - Operating and Reporting Segments (Tables)

3 Months Ended

Jan. 31, 2024

Operating and Reporting Segments

Schedule of financial information relating to our reportable segments

		Three Months Ended
		January 31,
(In thousands)		2024				2023
Revenues:
Northeast		$	191,440			$	211,462
Southeast			106,010				73,794
West			278,457				215,734
Total homebuilding			575,907				500,990
Financial services			15,268				12,164
Corporate and unallocated			3,021				2,212
Total revenues		$	594,196			$	515,366
Income before income taxes:
Northeast		$	35,909			$	28,512
Southeast			14,875				11,623
West			20,592				9,889
Total homebuilding			71,376				50,024
Financial services			3,797				3,111
Corporate and unallocated (1)			(42,610	)			(35,088	)
Income before income taxes		$	32,563			$	18,047

(1) Corporate and unallocated for the three months ended January 31, 2024 included corporate general and administrative expenses of $37.1 million, interest expense of $3.7 million (a component of Other interest in our Condensed Consolidated Statements of Operations), $3.2 million of other net expenses and $1.4 of gain on extinguishment of debt. Corporate and unallocated for the three months ended January 31, 2023 included corporate general and administrative expenses of $25.5 million, interest expense of $6.6 million, and $3.0 million of other net expenses.

		January 31,				October 31,
(In thousands)		2024				2023
Assets:
Northeast		$	524,029			$	483,784
Southeast			333,582				286,701
West			773,215				733,318
Total homebuilding			1,630,826				1,503,803
Financial services			149,633				168,671
Corporate and unallocated			559,919				820,466
Total assets		$	2,340,378			$	2,492,940

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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