v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2026
Oct. 31, 2025
ASSETS    
Cash and cash equivalents $ 1,057,889 $ 1,258,997
Inventory 11,645,569 10,678,460
Property, construction, and office equipment – net 293,648 273,397
Receivables, prepaid expenses, and other assets 538,716 554,720
Real estate and related assets held for sale 0 420,969
Mortgage loans held for sale – at fair value 130,723 200,816
Customer deposits held in escrow 112,169 106,612
Investments in unconsolidated entities [1] 907,082 1,025,895
Total assets 14,685,796 14,519,866
Liabilities    
Loans payable 894,142 896,388
Senior notes 1,742,471 1,741,525
Mortgage company loan facility 128,863 150,000
Customer deposits 458,123 418,897
Accounts payable 589,367 615,771
Accrued expenses 2,170,514 2,061,919
Liabilities related to assets held for sale 0 172,186
Income taxes payable 160,775 177,116
Total liabilities 6,144,255 6,233,802
Stockholders’ equity    
Preferred stock, none issued 0 0
Common stock, 102,937 shares issued at July 31, 2026 and October 31, 2025 1,029 1,029
Additional paid-in capital ("APIC") 643,902 687,123
Retained earnings 9,253,072 8,574,807
Treasury stock, at cost —10,569 and 8,140 shares at July 31, 2026 and October 31, 2025, respectively (1,384,232) (1,014,568)
Accumulated other comprehensive income ("AOCI") 16,999 22,272
Total stockholders’ equity 8,530,770 8,270,663
Noncontrolling interest 10,771 15,401
Total equity 8,541,541 8,286,064
Total liabilities and stockholders' equity $ 14,685,796 $ 14,519,866
[1] As of July 31, 2026 and October 31, 2025, Investments in unconsolidated entities include $76.8 million and $77.0 million, respectively, of assets related to consolidated variable interest entities (“VIEs”). See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.