v3.23.1
Other Income - Net
6 Months Ended
Apr. 30, 2023
Other Income and Expenses [Abstract]  
Other Income - net Other Income Net
The table below provides the significant components of other income – net (amounts in thousands):
Three months ended April 30,Six months ended April 30,
2023202220232022
Income (loss) from ancillary businesses$2,858 $12,334 $(91)$14,294 
Management fee income earned by home building operations
659 1,037 2,062 2,375 
Gain on litigation settlements – net
— — 27,683 — 
Other6,663 (2,147)13,441 (1,733)
Total other income – net
$10,180 $11,224 $43,095 $14,936 
Income from ancillary businesses is generated by our mortgage, title, landscaping, smart home technology, Gibraltar, apartment living and golf course and country club operations. The table below provides, for the periods indicated, revenues and expenses for our ancillary businesses (amounts in thousands):
 Three months ended April 30,Six months ended April 30,
 2023202220232022
Revenues$33,275 $31,890 $61,181 $59,586 
Expenses$30,417 $19,556 $61,272 $45,292 
In the three-month and six-month periods ended April 30, 2022, our smart home technology business recognized a $9.0 million gain from a bulk sale of security monitoring accounts, which is included in income from ancillary businesses above.
In addition, in the three months ended April 30, 2023 and 2022, our apartment living operations earned fees from unconsolidated entities of $6.4 million and $4.8 million, respectively. In the six-month periods ended April 30, 2023 and 2022, our apartment living operations earned fees from unconsolidated entities of $12.6 million and $9.6 million, respectively. Fees earned by our apartment living operations are included in income from ancillary businesses.