v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Revenue $ 2,531,230 $ 2,739,077 $ 4,676,857 $ 4,598,208
Cost of revenues 1,926,340 2,033,639 3,594,976 3,433,225
Selling, general and administrative 258,253 255,760 516,189 496,174
Income from operations 346,637 449,678 565,692 668,809
Other:        
(Loss) income from unconsolidated entities (16,720) 11,489 18,724 2,746
Other income – net 20,441 16,336 39,517 27,330
Income before income taxes 350,358 477,503 623,933 698,885
Income tax provision 89,767 125,056 152,410 168,735
Net income 260,591 352,447 471,523 530,150
Other comprehensive loss – net of tax (1,854) (2,242) (3,270) (3,147)
Total comprehensive income $ 258,737 $ 350,205 $ 468,253 $ 527,003
Per share:        
Basic earnings (in dollars per share) $ 2.74 $ 3.53 $ 4.94 $ 5.28
Diluted earnings (in dollars per share) $ 2.72 $ 3.50 $ 4.91 $ 5.24
Weighted-average number of shares:        
Basic (in shares) 95,144 99,890 95,422 100,360
Diluted (in shares) 95,755 100,585 96,130 101,208
Home sales        
Revenue $ 2,512,464 $ 2,706,453 $ 4,367,449 $ 4,547,229
Cost of revenues 1,913,162 2,002,218 3,308,624 3,383,698
Land sales and other        
Revenue 18,766 32,624 309,408 50,979
Cost of revenues $ 13,178 $ 31,421 $ 286,352 $ 49,527