Accrued Expenses (Tables)

9 Months Ended

Jul. 31, 2013

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at July 31, 2013 and October 31, 2012 consisted of the following (amounts in thousands):

	July 31, 2013		October 31, 2012
Land, land development and construction	$	151,932	$	126,866
Compensation and employee benefits	101,661		111,243
Insurance and litigation	97,585		101,908
Warranty	42,067		41,706
Interest	43,891		28,204
Other	81,311		66,423
	$	518,447	$	476,350

Changes in the warranty accrual

The table below provides, for the periods indicated, a reconciliation of the changes in the Company’s warranty accrual (amounts in thousands):

	Nine months ended July 31,						Three months ended July 31,
	2013			2012			2013			2012
Balance, beginning of period	$	41,706		$	42,474		$	41,109		$	42,997
Additions – homes closed during the period	9,053			6,994			3,831			3,050
Addition – liabilities acquired				731
(Decrease) increase in accruals for homes closed in prior periods	(342		)	1,236			136			(529		)
Charges incurred	(8,350		)	(9,175		)	(3,009		)	(3,258		)
Balance, end of period	$	42,067		$	42,260		$	42,067		$	42,260