Note 12 - Reduction of Inventory to Fair Value (Tables)

12 Months Ended

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