| Schedule of Share Repurchase Program |
The table below provides, for the periods indicated, information about our share repurchase programs: | | | | | | | | | | | | | | | | | | | | | | | Three months ended April 30, | Six months ended April 30, | | | 2026 | | 2025 | 2026 | | 2025 | | Number of shares purchased (in thousands) | 1,220 | | | 1,645 | | 1,564 | | | 1,832 | | Average price per share (1) | $ | 143.72 | | | $ | 107.84 | | $ | 144.39 | | | $ | 109.80 | | Remaining authorization at April 30 (in thousands) | 8,112 | | | 13,255 | | 8,112 | | | 13,255 | |
(1) Average price per share includes costs associated with the repurchases, including accrued excise taxes.
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| Schedule of Accumulated Other Comprehensive Income (“AOCI”) |
The changes in each component of accumulated other comprehensive income (“AOCI”), for the periods indicated, were as follows (amounts in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended April 30, | | Six months ended April 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Employee Retirement Plans | | | | | | | | | Beginning balance | $ | 1,446 | | | $ | 1,171 | | | $ | 1,281 | | | $ | 1,018 | | | | | | | | | | | | | | | | | | | | | | | | | | Losses reclassified from AOCI to net income (1) | 220 | | | 206 | | | 441 | | | 411 | | Less: Tax benefit (2) | (56) | | | (52) | | | (112) | | | (104) | | | Net losses reclassified from AOCI to net income | 164 | | | 154 | | | 329 | | | 307 | | | Other comprehensive income – net of tax | 164 | | | 154 | | | 329 | | | 307 | | | Ending balance | $ | 1,610 | | | $ | 1,325 | | | $ | 1,610 | | | $ | 1,325 | | | Derivative Instruments | | | | | | | | | Beginning balance | $ | 19,410 | | | $ | 29,201 | | | $ | 20,991 | | | $ | 30,259 | | | Gains on derivative instruments | — | | | 98 | | | — | | | 765 | | | Less: Tax expense | — | | | (25) | | | — | | | (193) | | | Net gains on derivative instruments | — | | | 73 | | | — | | | 572 | | Gains reclassified from AOCI to net income (3) | (2,704) | | | (3,305) | | | (4,819) | | | (5,388) | | Less: Tax expense (2) | 686 | | | 836 | | | 1,220 | | | 1,362 | | | Net gains reclassified from AOCI to net income | (2,018) | | | (2,469) | | | (3,599) | | | (4,026) | | | Other comprehensive loss – net of tax | (2,018) | | | (2,396) | | | (3,599) | | | (3,454) | | | Ending balance | $ | 17,392 | | | $ | 26,805 | | | $ | 17,392 | | | $ | 26,805 | | | | | | | | | | | Total AOCI ending balance | $ | 19,002 | | | $ | 28,130 | | | $ | 19,002 | | | $ | 28,130 | |
(1) Reclassified to “Other income – net” (2) Reclassified to “Income tax provision” (3) Reclassified to “Cost of revenues – home sales”
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