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CONDENSED CONSOLIDATED BALANCE SHEETS (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2025
Oct. 31, 2024
ASSETS    
Deferred tax assets, net $ 224,543 $ 241,064
Total assets 2,553,099 2,605,574
LIABILITIES AND EQUITY    
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 864,280 896,218
Income taxes payable 0 5,479
Total liabilities 1,732,729 1,805,225
Stockholders' equity:    
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at April 30, 2025 and October 31, 2024 135,299 135,299
Paid in capital - common stock 757,590 749,752
Retained earnings 116,715 74,136
Treasury stock - at cost – 1,348,087 shares of Class A common stock at April 30, 2025 and 1,090,179 shares at October 31, 2024; 27,669 shares of Class B common stock at April 30, 2025 and October 31, 2024 (189,306) (158,910)
Total stockholders' equity 820,370 800,349
Total liabilities and equity 2,553,099 2,605,574
Common Class A [Member]    
Stockholders' equity:    
Common stock, Class A, $0.01 par value - authorized 16,000,000 shares; issued 6,416,945 shares at April 30, 2025 and 6,415,794 shares at October 31, 2024 64 64
Common Class B [Member]    
Stockholders' equity:    
Common stock, Class A, $0.01 par value - authorized 16,000,000 shares; issued 6,416,945 shares at April 30, 2025 and 6,415,794 shares at October 31, 2024 8 8
Home Building [Member]    
ASSETS    
Cash and cash equivalents 73,980 209,976
Restricted cash and cash equivalents 9,031 7,875
Sold and unsold homes and lots under development 1,212,870 1,195,318
Land and land options held for future development or sale 263,363 238,499
Consolidated inventory not owned 267,732 210,987
Total inventories 1,743,965 1,644,804
Investments in and advances to unconsolidated joint ventures 183,461 142,910
Receivables, deposits and notes, net 24,712 29,400
Property and equipment, net 47,730 43,431
Prepaid expenses and other assets 84,058 82,525
Total assets excluding deferred tax assets, net 2,166,937 2,160,921
LIABILITIES AND EQUITY    
Nonrecourse mortgages secured by inventory, net of debt issuance costs 78,092 90,675
Accounts payable and other liabilities 418,669 433,273
Customers’ deposits 45,662 41,639
Liabilities from inventory not owned, net of debt issuance costs 173,098 140,298
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 864,280 896,218
Accrued interest 12,355 14,508
Total liabilities excluding income taxes payable 1,592,156 1,616,611
Financial Services [Member]    
ASSETS    
Total assets excluding deferred tax assets, net 161,619 203,589
LIABILITIES AND EQUITY    
Total liabilities excluding income taxes payable $ 140,573 $ 183,135