Note 23 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors (Tables)

9 Months Ended

Jul. 31, 2014

Disclosure Text Block Supplement [Abstract]

Condensed Balance Sheet [Table Text Block]

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries	Eliminations		Consolidated
ASSETS:
Homebuilding			$133,018		$1,335,404		$341,047	$(14,202	)	$1,795,267
Financial services					8,937		89,524			98,461
Intercompany receivable (payable)			1,337,515				26,918	(1,364,433	)	-
Investments in and amounts due to and from consolidated subsidiaries	$(78,621	)	(34,333	)	332,636			(219,682	)	-
Total assets	$(78,621	)	$1,436,200		$1,676,977		$457,489	$(1,598,317	)	$1,893,728
LIABILITIES AND EQUITY:
Homebuilding	$2,685		$73		$514,778		$55,722			$573,258
Financial services					8,837		68,862			77,699
Notes payable			1,679,668		3,243		269			1,683,180
Intercompany payable (receivable)	323,179				1,085,902			$(1,409,081	)	-
Income taxes payable (receivable)	38,635				(35,924	)				2,711
Stockholders’ (deficit) equity	(443,120	)	(243,541	)	100,141		332,636	(189,236	)	(443,120	)
Noncontrolling interest in consolidated joint ventures										-
Total liabilities and equity	$(78,621	)	$1,436,200		$1,676,977		$457,489	$(1,598,317	)	$1,893,728

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries	Eliminations		Consolidated
ASSETS:
Homebuilding			$277,800		$1,020,435		$312,042			$1,610,277
Financial services					14,570		134,283			148,853
Intercompany receivable			1,093,906				14,489	$(1,108,395	)	-
Investments in and amounts due to and from consolidated subsidiaries	$(62,298	)	2,275		286,216			(226,193	)	-
Total assets	$(62,298	)	$1,373,981		$1,321,221		$460,814	$(1,334,588	)	$1,759,130
LIABILITIES AND EQUITY:
Homebuilding	$3,798		$491		$437,767		$64,329			$506,385
Financial services					14,789		109,748			124,537
Notes payable			1,555,336		2,276		94			1,557,706
Intercompany payable	326,262				805,774			$(1,132,036	)	-
Income taxes payable (receivable)	40,868				(37,567	)				3,301
Stockholders’ (deficit) equity	(433,226	)	(181,846	)	98,182		286,216	(202,552	)	(433,226	)
Noncontrolling interest in consolidated joint ventures							427			427
Total liabilities and equity	$(62,298	)	$1,373,981		$1,321,221		$460,814	$(1,334,588	)	$1,759,130

Condensed Income Statement [Table Text Block]

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Revenues:
Homebuilding			$(52	)	$436,085		$103,870				$539,903
Financial services					2,396		8,710				11,106
Intercompany charges			26,411		(28,110	)	(42	)	$1,741		-
Total revenues	-		26,359		410,371		112,538		1,741		551,009
Expenses:
Homebuilding	$3,098		32,751		406,479		86,894		(586	)	528,636
Financial services	6				1,699		5,507				7,212
Total expenses	3,104		32,751		408,178		92,401		(586	)	535,848
Income from unconsolidated joint ventures					10		201				211
(Loss) income before income taxes	(3,104	)	(6,392	)	2,203		20,338		2,327		15,372
State and federal income tax (benefit) provision	(4,213	)			2,480						(1,733	)
Equity in income (loss) of consolidated subsidiaries	15,996		(12,584	)	20,338				(23,750	)	-
Net income (loss)	$17,105		$(18,976	)	$20,061		$20,338		$(21,423	)	$17,105

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Revenues:
Homebuilding			$(76	)	$372,416		$94,385		$(1,246	)	$465,479
Financial services					3,080		9,798				12,878
Intercompany charges			20,760		(24,931	)	(37	)	4,208		-
Total revenues	-		20,684		350,565		104,146		2,962		478,357
Expenses:
Homebuilding	$3,177		30,389		351,903		77,409		2,141		465,019
Financial services	4				2,052		4,584				6,640
Total expenses	3,181		30,389		353,955		81,993		2,141		471,659
Income from unconsolidated joint ventures					34		3,656				3,690
(Loss) income before income taxes	(3,181	)	(9,705	)	(3,356	)	25,809		821		10,388
State and federal income tax (benefit) provision	(2,233	)			4,155						1,922
Equity in income (loss) of consolidated subsidiaries	9,414		(10,887	)	25,809				(24,336	)	-
Net income (loss)	$8,466		$(20,592	)	$18,298		$25,809		$(23,515	)	$8,466

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Revenues:
Homebuilding			$(129	)	$1,085,275		$251,228				$1,336,374
Financial services					6,467		22,145				28,612
Intercompany charges			72,966		(76,391	)	(42	)	$3,467		-
Total revenues	-		72,837		1,015,351		273,331		3,467		1,364,986
Expenses:
Homebuilding	$9,023		96,769		1,045,419		215,032		(3,338	)	1,362,905
Financial services	15				4,918		15,658				20,591
Total expenses	9,038		96,769		1,050,337		230,690		(3,338	)	1,383,496
Loss on extinguishment of debt			(1,155	)							(1,155	)
Income from unconsolidated joint ventures					70		3,779				3,849
(Loss) income before income taxes	(9,038	)	(25,087	)	(34,916	)	46,420		6,805		(15,816	)
State and federal income tax (benefit) provision	(10,041	)			9,545						(496	)
Equity in (loss) income of consolidated subsidiaries	(16,323	)	(36,608	)	46,420				6,511		-
Net (loss) income	$(15,320	)	$(61,695	)	$1,959		$46,420		$13,316		$(15,320	)

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Revenues:
Homebuilding	$3		$(175	)	$1,033,927		$194,333		$(3,741	)	$1,224,347
Financial services					7,743		27,476				35,219
Intercompany charges			61,167		(75,265	)	(1,788	)	15,886		-
Total revenues	3		60,992		966,405		220,021		12,145		1,259,566
Expenses:
Homebuilding	5,921		90,088		994,979		161,304		4,554		1,256,846
Financial services	13				5,742		15,450				21,205
Total expenses	5,934		90,088		1,000,721		176,754		4,554		1,278,051
(Loss) gain on extinguishment of debt			(770,009	)	770,009						-
Income from unconsolidated joint ventures					2,293		4,513				6,806
(Loss) income before income taxes	(5,931	)	(799,105	)	737,986		47,780		7,591		(11,679	)
State and federal income tax (benefit) provision	(19,308	)			9,153						(10,155	)
Equity in (loss) income of consolidated subsidiaries	(14,901	)	(33,606	)	47,780				727		-
Net (loss) income	$(1,524	)	$(832,711	)	$776,613		$47,780		$8,318		$(1,524	)

Condensed Cash Flow Statement [Table Text Block]

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net (loss) income	$(15,320	)	$(61,695	)	$1,959		$46,420		$13,316		$(15,320	)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities	2,080		6,913		(251,746	)	11,846		(13,316	)	(244,223	)
Net cash (used in) provided by operating activities	(13,240	)	(54,782	)	(249,787	)	58,266		-		(259,543	)
Net cash (used in) investing activities					(1,009	)	(8,306	)			(9,315	)
Net cash provided by (used in) financing activities			118,599		45,442		(40,666	)			123,375
Intercompany investing and financing activities – net	13,240		(207,001	)	206,190		(12,429	)			-
Net (decrease) increase in cash	-		(143,184	)	836		(3,135	)	-		(145,483	)
Cash balance, beginning of period			243,470		(6,479	)	92,213				329,204
Cash balance, end of period	$-		$100,286		$(5,643	)	$89,078		$-		$183,721

	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Nonguarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net (loss) income	$(1,524	)	$(832,711	)	$776,613		$47,780		$8,318		$(1,524	)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities	20,418		789,831		(842,439	)	(5,365	)	(8,318	)	(45,873	)
Net cash provided by (used in) operating activities	18,894		(42,880	)	(65,826	)	42,415		-		(47,397	)
Net cash provided by investing activities			298		12,357		6,121				18,776
Net cash (used in) provided by financing activities			(5,460	)	48,090		(59,983	)			(17,353	)
Intercompany investing and financing activities – net	(18,894	)	6,404		1,009		11,481				-
Net (decrease) increase in cash	-		(41,638	)	(4,370	)	34		-		(45,974	)
Cash balance, beginning of period			197,097		(2,017	)	78,152				273,232
Cash balance, end of period	$-		$155,459		$(6,387	)	$78,186		$-		$227,258