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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net (loss) $ (17,452) $ (30,809)
Adjustments to reconcile net (loss) to net cash used in operating activities:    
Depreciation 979 790
Compensation from stock options and awards 615 1,039
Amortization of bond discounts, premiums and deferred financing costs 1,820 2,337
Gain on sale and retirement of property and assets (15) (3,628)
(Income) loss from unconsolidated joint ventures (9,562) 5,176
Inventory impairment and land option write-offs 704 414
(Increase) decrease in assets:    
Origination of mortgage loans (190,916) (198,878)
Sale of mortgage loans 256,161 251,055
Receivables, prepaids, deposits and other assets (1,331) (2,109)
Inventories (100,912) (31,063) [1]
State income tax payable 341 (41)
Customers’ deposits 409 617
Accounts payable, accrued interest and other accrued liabilities (63,013) (82,544)
Net cash used in operating activities (122,172) (87,644)
Cash flows from investing activities:    
Proceeds from sale of property and assets 15 38,170
Purchase of property, equipment and other fixed assets and acquisitions (1,019) (1,916)
Investments in and advances to unconsolidated joint ventures (1,329) (2,032)
Distributions of capital from unconsolidated joint ventures 5,727 6,646
Net cash provided by investing activities 3,394 40,868
Cash flows from financing activities:    
Proceeds from mortgages and notes 54,216 33,802
Payments related to mortgages and notes (28,264) (46,596)
Proceeds from model sale leaseback financing programs 9,567 746
Payments related to model sale leaseback financing programs (1,860) (16,934)
Proceeds from land bank financing programs 14,626 2,204
Payments related to land bank financing programs (3,193) (9,449)
Proceeds from senior secured notes, net of discount 21,348
Payments for senior notes and senior amortizing notes (56,002)
Net borrowings from senior secured revolving credit facility 36,000
Net payments related to mortgage warehouse lines of credit (61,992) (51,487)
Deferred financing costs from land bank financing program and note issuances (1,489) (1,843)
Net cash provided by (used in) financing activities 38,959 (145,559)
Net decrease in cash and cash equivalents, and restricted cash and cash equivalents (79,819) (192,335)
Cash, cash equivalents, and restricted cash and cash equivalents balance, beginning of period 232,992 493,742
Cash, cash equivalents, and restricted cash and cash equivalents balance, end of period 153,173 301,407
Supplemental disclosure of cash flow:    
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements) 40,439 56,482
Income taxes 6 379
Cash, cash equivalents, and restricted cash and cash equivalents balance, end of period 153,173 301,407
Homebuilding [Member]    
Adjustments to reconcile net (loss) to net cash used in operating activities:    
Inventory impairment and land option write-offs 704 414
Supplemental disclosure of cash flow:    
Homebuilding: Cash and cash equivalents 113,314 278,158
Homebuilding: Restricted cash and cash equivalents 12,827 3,213
Financial Services [Member]    
Supplemental disclosure of cash flow:    
Homebuilding: Cash and cash equivalents 4,317 4,130
Homebuilding: Restricted cash and cash equivalents $ 22,715 $ 15,906
[1] In the first quarter of fiscal 2018, we acquired the remaining assets of one of our joint ventures, resulting in a $13.6 million reduction in the joint venture and a corresponding increase to inventory.