v3.26.1
Information on Segments - Schedule of Revenue and Income (Loss) Before Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Segment Reporting Information [Line Items]        
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 (loss) from operations 346,637 449,678 565,692 668,809
(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 (loss) before income taxes 350,358 477,503 623,933 698,885
Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 2,532,058 2,731,006 4,393,650 4,590,454
Cost of revenues 1,925,920 2,023,678 3,328,873 3,422,057
Selling, general and administrative 185,246 187,677 385,716 379,358
Income (loss) from operations 420,892 519,651 679,061 789,039
(Loss) income from unconsolidated entities 3,238 12,724 11,132 10,918
Other income – net 2,235 3,492 8,121 6,800
Income (loss) before income taxes 426,365 535,867 698,314 806,757
Corporate and other        
Segment Reporting Information [Line Items]        
Revenue (828) 8,071 283,207 7,754
Cost of revenues 420 9,961 266,103 11,168
Selling, general and administrative 73,007 68,083 130,473 116,816
Income (loss) from operations (74,255) (69,973) (113,369) (120,230)
(Loss) income from unconsolidated entities (19,958) (1,235) 7,592 (8,172)
Other income – net 18,206 12,844 31,396 20,530
Income (loss) before income taxes (76,007) (58,364) (74,381) (107,872)
North | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 398,638 378,489 677,087 650,357
Cost of revenues 301,402 280,567 513,589 491,102
Selling, general and administrative 25,778 23,109 56,410 49,139
Income (loss) from operations 71,458 74,813 107,088 110,116
(Loss) income from unconsolidated entities (163) 6,602 3,786 134
Other income – net 901 753 933 111
Income (loss) before income taxes 72,196 82,168 111,807 110,361
Mid-Atlantic | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 413,565 345,184 653,719 581,680
Cost of revenues 312,880 255,958 490,275 435,144
Selling, general and administrative 28,416 26,504 57,193 52,186
Income (loss) from operations 72,269 62,722 106,251 94,350
(Loss) income from unconsolidated entities 0 (1) 1,875 (7)
Other income – net 696 503 5,460 2,311
Income (loss) before income taxes 72,965 63,224 113,586 96,654
South | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 666,271 759,275 1,135,819 1,266,385
Cost of revenues 495,555 545,447 849,015 909,314
Selling, general and administrative 59,777 58,768 120,225 117,257
Income (loss) from operations 110,939 155,060 166,579 239,814
(Loss) income from unconsolidated entities 3,325 6,631 5,320 11,724
Other income – net 552 1,152 1,013 1,721
Income (loss) before income taxes 114,816 162,843 172,912 253,259
Mountain | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 568,683 755,874 1,049,035 1,312,578
Cost of revenues 442,877 571,066 821,449 999,272
Selling, general and administrative 39,610 47,463 84,577 96,208
Income (loss) from operations 86,196 137,345 143,009 217,098
(Loss) income from unconsolidated entities 90 79 524 (288)
Other income – net (218) 505 168 1,858
Income (loss) before income taxes 86,068 137,929 143,701 218,668
Pacific | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 484,901 492,184 877,990 779,454
Cost of revenues 373,206 370,640 654,545 587,225
Selling, general and administrative 31,665 31,833 67,311 64,568
Income (loss) from operations 80,030 89,711 156,134 127,661
(Loss) income from unconsolidated entities (14) (587) (373) (645)
Other income – net 304 579 547 799
Income (loss) before income taxes 80,320 89,703 156,308 127,815
Home sales        
Segment Reporting Information [Line Items]        
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
Home sales | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 2,513,292 2,706,939 4,368,357 4,548,032
Cost of revenues 1,912,551 2,000,814 3,307,947 3,381,087
Home sales | Corporate and other        
Segment Reporting Information [Line Items]        
Revenue (828) (486) (908) (803)
Cost of revenues 611 1,404 677 2,611
Home sales | North | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 388,503 378,489 666,952 633,201
Cost of revenues 291,333 280,567 503,520 473,946
Home sales | Mid-Atlantic | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 413,319 321,757 651,471 557,997
Cost of revenues 310,827 231,606 485,390 410,598
Home sales | South | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 661,437 758,635 1,130,985 1,264,908
Cost of revenues 497,859 546,932 851,119 910,382
Home sales | Mountain | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 565,132 755,874 1,040,959 1,312,578
Cost of revenues 439,326 571,069 813,373 999,035
Home sales | Pacific | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 484,901 492,184 877,990 779,348
Cost of revenues 373,206 370,640 654,545 587,126
Land sales and other        
Segment Reporting Information [Line Items]        
Revenue 18,766 32,624 309,408 50,979
Cost of revenues 13,178 31,421 286,352 49,527
Land sales and other | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 18,766 24,067 25,293 42,422
Cost of revenues 13,369 22,864 20,926 40,970
Land sales and other | Corporate and other        
Segment Reporting Information [Line Items]        
Revenue 0 8,557 284,115 8,557
Cost of revenues (191) 8,557 265,426 8,557
Land sales and other | Corporate and other | Apartment Living Assets        
Segment Reporting Information [Line Items]        
Revenue     284,100  
Land sales and other | North | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 10,135 0 10,135 17,156
Cost of revenues 10,069 0 10,069 17,156
Land sales and other | Mid-Atlantic | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 246 23,427 2,248 23,683
Cost of revenues 2,053 24,352 4,885 24,546
Land sales and other | South | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 4,834 640 4,834 1,477
Cost of revenues (2,304) (1,485) (2,104) (1,068)
Land sales and other | Mountain | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 3,551 0 8,076 0
Cost of revenues 3,551 (3) 8,076 237
Land sales and other | Pacific | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 0 0 0 106
Cost of revenues $ 0 $ 0 $ 0 $ 99