v3.26.1
Note 6 - Warranty Costs (Tables)
9 Months Ended
Jul. 31, 2026
Warranty Costs  
Schedule of Product Warranty Liability [Table Text Block]

 

Three Months Ended

 

Nine Months Ended

 

July 31,

 

July 31,

(In thousands)

2026

 

2025

 

2026

 

2025

Balance, beginning of period

$

103,639

 

$

91,800

 

$

103,824

 

$

89,391

Additions – Selling, general and administrative

 

2,140

 

 

2,818

 

 

6,329

 

 

7,912

Additions – Cost of sales

 

1,543

 

 

2,294

 

 

4,326

 

 

6,512

Charges incurred during the period

 

(4,764)

 

 

(2,417)

 

 

(12,102)

 

 

(8,772)

Changes to pre-existing reserves (1)(2)

 

(6,094)

 

 

1,955

 

 

(5,913)

 

 

1,407

Balance, end of period

$

96,464

 

$

96,450

 

$

96,464

 

$

96,450

(1) Includes reserve balances acquired from unconsolidated joint ventures, as discussed in Note 18.

(2) During fiscal 2026, we recorded a decrease of $6.6 million to our construction defect reserves as a result of our claims history, which is reflected in the changes to pre-existing reserves.