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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Revenues:      
Sale of homes $ 1,072,474 $ 1,327,499 $ 1,522,469
Land sales and other revenues 32,952 12,370 38,271
Total homebuilding 1,105,426 1,339,869 1,560,740
Financial services 29,481 31,973 35,550
Total revenues 1,134,907 1,371,842 1,596,290
Expenses:      
Cost of sales, excluding interest 913,901 1,104,049 1,398,087
Cost of sales interest 74,676 84,440 105,814
Inventory impairment loss and land option write-offs (Note 14) 101,749 135,699 659,475
Total cost of sales 1,090,326 1,324,188 2,163,376
Selling, general and administrative 161,456 178,331 239,606
Total homebuilding expenses 1,251,782 1,502,519 2,402,982
Financial services 21,371 23,074 29,295
Corporate general and administrative 49,938 59,900 81,980
Other interest 97,169 97,919 94,655
Other operations 4,805 9,715 23,541
Total expenses 1,425,065 1,693,127 2,632,453
Gain on extinguishment of debt (Note 9) 7,528 25,047 410,185
(Loss) income from unconsolidated joint ventures (Note 20) (8,958) 956 (46,041)
Loss before income taxes (291,588) (295,282) (672,019)
State and federal income tax (benefit) provision (Note 13):      
State (3,924) (6,536) 25,287
Federal (1,577) (291,334) 19,406
Total income taxes (5,501) (297,870) 44,693
Net (loss) income $ (286,087) $ 2,588 $ (716,712)
Basic:      
(Loss) income per common share (in Dollars per share) $ (2.85) $ 0.03 $ (9.16)
Weighted-average number of common shares outstanding (in Shares) 100,444 78,691 78,238
Assuming dilution:      
(Loss) income per common share (in Dollars per share) $ (2.85) $ 0.03 $ (9.16)
Weighted-average number of common shares outstanding (in Shares) 100,444 79,683 78,238