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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2022
Oct. 31, 2021
ASSETS    
Assets $ 2,537,504 $ 2,320,508
Assets 2,537,504 2,320,508
Deferred tax assets, net 376,570 425,678
LIABILITIES AND EQUITY    
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 1,147,872 1,248,373
Liabilities 2,198,757 2,145,124
Liabilities 2,198,757 2,145,124
Income taxes payable 4,470 3,851
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at July 31, 2022 and October 31, 2021 135,299 135,299
Paid in capital - common stock 723,797 722,118
Accumulated deficit (405,378) (567,228)
Treasury stock - at cost – 470,430 shares of Class A common stock and 27,669 shares of Class B common stock at July 31, 2022 and October 31, 2021 (115,360) (115,360)
Total Hovnanian Enterprises, Inc. stockholders’ equity 338,427 174,897
Noncontrolling interest in consolidated joint ventures 320 487
Total equity 338,747 175,384
Total liabilities and equity 2,537,504 2,320,508
Common Class A [Member]    
LIABILITIES AND EQUITY    
Common Stock 62 61
Common Class B [Member]    
LIABILITIES AND EQUITY    
Common Stock 7 7
Homebuilding [Member]    
ASSETS    
Cash and cash equivalents 225,089 245,970
Restricted cash and cash equivalents 15,505 16,089
Sold and unsold homes and lots under development 1,130,304 1,019,541
Land and land options held for future development or sale 174,067 135,992
Consolidated inventory not owned 280,910 98,727
Total inventories 1,585,281 1,254,260
Investments in and advances to unconsolidated joint ventures 74,739 60,897
Receivables, deposits and notes, net 45,011 39,934
Property, plant and equipment, net 23,312 18,736
Prepaid expenses and other assets 64,346 56,186
Assets 2,033,283 1,692,072
Assets 2,033,283 1,692,072
LIABILITIES AND EQUITY    
Accounts payable and other liabilities 424,508 426,381
Customers’ deposits 99,521 68,295
Liabilities from inventory not owned, net of debt issuance costs 178,454 62,762
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) 1,147,872 1,248,373
Accrued Interest 47,562 28,154
Liabilities 2,085,671 1,959,054
Liabilities 2,085,671 1,959,054
Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member]    
LIABILITIES AND EQUITY    
Nonrecourse mortgages secured by inventory, net of debt issuance costs 187,754 125,089
Financial Services [Member]    
ASSETS    
Cash and cash equivalents 4,849  
Restricted cash and cash equivalents 33,140  
Assets 127,651 202,758
Assets 127,651 202,758
LIABILITIES AND EQUITY    
Liabilities 108,616 182,219
Liabilities $ 108,616 $ 182,219