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CONDENSED CONSOLIDATED BALANCE SHEETS (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2025
Oct. 31, 2024
ASSETS    
Deferred tax assets, net $ 220,820 $ 241,064
Total assets 2,629,352 2,605,574
LIABILITIES AND EQUITY    
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 861,922 896,218
Income taxes payable 0 5,479
Total liabilities 1,793,989 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 July 31, 2025 and October 31, 2024 135,299 135,299
Paid in capital - common stock 758,542 749,752
Retained earnings 130,661 74,136
Treasury stock - at cost – 1,348,087 shares of Class A common stock at July 31, 2025 and 1,090,179 shares at October 31, 2024; 27,669 shares of Class B common stock at July 31, 2025 and October 31, 2024 (189,212) (158,910)
Total stockholders' equity 835,363 800,349
Total liabilities and equity 2,629,352 2,605,574
Common Class A [Member]    
Stockholders' equity:    
Common stock 65 64
Common Class B [Member]    
Stockholders' equity:    
Common stock 8 8
Home Building [Member]    
ASSETS    
Cash and cash equivalents 146,592 209,976
Restricted cash and cash equivalents 12,155 7,875
Sold and unsold homes and lots under development 1,192,251 1,195,318
Land and land options held for future development or sale 171,030 238,499
Consolidated inventory not owned 329,651 210,987
Total inventories 1,692,932 1,644,804
Investments in and advances to unconsolidated joint ventures 218,356 142,910
Receivables, deposits and notes, net 29,233 29,400
Property and equipment, net 51,573 43,431
Prepaid expenses and other assets 83,916 82,525
Total assets excluding deferred tax assets, net 2,234,757 2,160,921
LIABILITIES AND EQUITY    
Nonrecourse mortgages secured by inventory, net of debt issuance costs 53,524 90,675
Accounts payable and other liabilities 425,683 433,273
Customers’ deposits 35,480 41,639
Liabilities from inventory not owned, net of debt issuance costs 236,644 140,298
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 861,922 896,218
Accrued interest 28,361 14,508
Total liabilities excluding income taxes payable 1,641,614 1,616,611
Financial Services [Member]    
ASSETS    
Total assets excluding deferred tax assets, net 173,775 203,589
LIABILITIES AND EQUITY    
Total liabilities excluding income taxes payable $ 152,375 $ 183,135