Accrued Expenses

12 Months Ended

Oct. 31, 2012

Payables and Accruals [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses at October 31, 2012 and 2011 consisted of the following (amounts in thousands):

	2012		2011
Land, land development and construction	$	124,731	$	109,574
Compensation and employee benefit	111,093		96,037
Insurance and litigation	101,908		130,714
Warranty	41,706		42,474
Interest	28,204		25,968
Commitments to unconsolidated entities	2,135		60,205
Other	66,573		56,079
	$	476,350	$	521,051

The Company accrues expected warranty costs at the time each home is closed and title and possession have been transferred to the home buyer. Changes in the warranty accrual during fiscal 2012, 2011 and 2010 were as follows (amounts in thousands):

	2012			2011			2010
Balance, beginning of year	$	42,474		$	45,835		$	53,937
Additions for homes closed during the year	10,560			8,809			9,147
Additions for liabilities acquired	731
Additions (reductions) to accruals for homes closed in prior years	479			(828		)	(4,684		)
Charges incurred	(12,538		)	(11,342		)	(12,565		)
Balance, end of year	$	41,706		$	42,474		$	45,835