Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2023 |
Apr. 30, 2022 |
Apr. 30, 2023 |
Apr. 30, 2022 |
|
| Revenues | $ 2,506,979 | $ 2,277,541 | $ 4,287,148 | $ 4,068,622 |
| Cost of revenues | 1,853,728 | 1,752,246 | 3,197,086 | 3,141,390 |
| Selling, general and administrative | 227,537 | 243,637 | 439,034 | 470,507 |
| Income from operations | 425,714 | 281,658 | 651,028 | 456,725 |
| Other: | ||||
| (Loss) income from unconsolidated entities | (5,302) | 2,933 | (9,735) | 24,970 |
| Other income - net | 10,180 | 11,224 | 43,095 | 14,936 |
| Income before income taxes | 430,592 | 295,815 | 684,388 | 496,631 |
| Income tax provision | 110,376 | 75,222 | 172,642 | 124,134 |
| Net income | 320,216 | 220,593 | 511,746 | 372,497 |
| Other comprehensive income, net of tax: | ||||
| Other comprehensive (loss) income - net of tax | (279) | 13,608 | (3,743) | 18,310 |
| Total comprehensive income | $ 319,937 | $ 234,201 | $ 508,003 | $ 390,807 |
| Per share: | ||||
| Basic earnings | $ 2.88 | $ 1.87 | $ 4.60 | $ 3.12 |
| Diluted earnings | $ 2.85 | $ 1.85 | $ 4.56 | $ 3.08 |
| Weighted average number of shares: | ||||
| Basic | 111,214 | 117,839 | 111,306 | 119,418 |
| Diluted | 112,184 | 118,925 | 112,260 | 120,891 |
| Home Building [Member] | ||||
| Revenues | $ 2,490,098 | $ 2,186,529 | $ 4,239,520 | $ 3,873,881 |
| Cost of revenues | 1,832,878 | 1,659,265 | 3,133,801 | 2,948,792 |
| Land [Member] | ||||
| Revenues | 16,881 | 91,012 | 47,628 | 194,741 |
| Cost of revenues | $ 20,850 | $ 92,981 | $ 63,285 | $ 192,598 |
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- Definition Other. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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