v3.25.4

Note 12 - Reduction of Inventory to Fair Value (Tables) | 12 Months Ended
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Oct. 31, 2025
Reduction of Inventory to Fair Value |
Schedule of impairments by segment |
(Dollars in millions) |  | Year Ended October 31, 2025 |
|  |  |  |  |  | Dollar |  |  | Pre- |
|  | Number of |  |  | Amount of |  |  | Impairment |
|  | Communities |  |  | Impairment |  |  | Value (1) |
Northeast |  |  | 6 |  |  | $ | 12.4 |  |  | $ | 39.8 |
Southeast |  |  | 1 |  |  |  | 1.1 |  |  |  | 4.0 |
West |  |  | 5 |  |  |  | 7.9 |  |  |  | 31.6 |
Total |  |  | 12 |  |  | $ | 21.4 |  |  | $ | 75.4 |
(Dollars in millions) |  | Year Ended October 31, 2024 |
|  |  |  |  |  | Dollar |  |  | Pre- |
|  | Number of |  |  | Amount of |  |  | Impairment |
|  | Communities |  |  | Impairment |  |  | Value (1) |
Northeast |  |  | 2 |  |  | $ | 4.8 |  |  | $ | 16.0 |
Southeast |  |  | - |  |  |  | - |  |  |  | - |
West |  |  | 2 |  |  |  | 5.2 |  |  |  | 25.0 |
Total |  |  | 4 |  |  | $ | 10.0 |  |  | $ | 41.0 |
(1) | Represents carrying value, net of prior period impairments, if any, at the time of recording the applicable period’s impairments.
Schedule of write-offs of such costs by segment |
|  | Year Ended October 31, |
(In millions) |  | 2025 |  |  | 2024 |  |  | 2023 |
Northeast |  | $ | 4.3 |  |  | $ | 0.4 |  |  | $ | 0.5 |
Southeast |  |  | 4.6 |  |  |  | 0.9 |  |  |  | 0.5 |
West |  |  | 9.3 |  |  |  | 0.3 |  |  |  | 0.5 |
Total |  | $ | 18.2 |  |  | $ | 1.6 |  |  | $ | 1.5 |

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