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Note 17 - Operating and Reporting Segments (Tables)

6 Months Ended

Apr. 30, 2025

Operating and Reporting Segments

Schedule of financial information relating to our reportable segments

		Three Months Ended								Six Months Ended
		April 30,								April 30,
(In thousands)		2025				2024				2025				2024
Revenues:
Northeast		$	257,281			$	199,087			$	541,029			$	390,527
Southeast			74,676				128,787				126,278				234,797
West			332,385				361,234				652,339				639,691
Total homebuilding			664,342				689,108				1,319,646				1,265,015
Financial services			21,318				17,167				38,260				32,435
Corporate and unallocated			811				2,105				2,188				5,126
Total revenues		$	686,471			$	708,380			$	1,360,094			$	1,302,576
Income before income taxes:
Northeast		$	31,420			$	31,730			$	71,211			$	67,639
Southeast			392				27,067				10,113				41,942
West			18,938				35,597				21,559				56,189
Total homebuilding			50,750				94,394				102,883				165,770
Financial services			8,427				5,144				11,932				8,941
Corporate and unallocated (1)			(32,647	)			(30,146	)			(48,422	)			(72,756	)
Income before income taxes		$	26,530			$	69,392			$	66,393			$	101,955

(1) Corporate and unallocated for the three months ended April 30, 2025, included corporate general and administrative expenses of $29.5 million, $3.5 million of other net expenses, and $0.4 million of gain on extinguishment of debt. Corporate and unallocated for the six months ended April 30, 2025, included corporate general and administrative expenses of $62.2 million, $13.4 million of other income, and $0.4 million of gain on extinguishment of debt. Corporate and unallocated for the three months ended April 30, 2024, included corporate general and administrative expenses of $32.5 million, interest expense of $1.7 million (a component of Other interest in our Condensed Consolidated Statements of Operations) and $4.1 million of other income. Corporate and unallocated for the six months ended April 30, 2024, included corporate general and administrative expenses of $69.7 million, interest expense of $5.4 million, $0.9 million of other income and $1.4 million of gain on extinguishment of debt. 

		April 30,				October 31,
(In thousands)		2025				2024
Assets:
Northeast		$	697,025			$	664,064
Southeast			372,741				296,058
West			915,400				889,704
Total homebuilding			1,985,166				1,849,826
Financial services			161,619				203,589
Corporate and unallocated			406,314				552,159
Total assets		$	2,553,099			$	2,605,574

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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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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X

- References

No definition available.

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