Income Taxes (Tables)

12 Months Ended

Oct. 31, 2013

Reconciliation of Company's effective tax rate from federal statutory rate

The following table provides a reconciliation of the Company’s effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2013, 2012 and 2011 ($ amounts in thousands).



	2013				2012				2011
	$		%*		$		%*		$		%*
Federal tax provision (benefit) at statutory rate	93,694		35.0		39,530		35.0		(10,278	)	35.0
State tax provision (benefit), net of federal benefit	11,363		4.2		4,711		4.2		(954	)	3.2
Reversal of accrual for uncertain tax positions	(5,580	)	(2.1	)	(34,167	)	(30.3	)	(52,306	)	178.1
Accrued interest on anticipated tax assessments	3,704		1.4		5,000		4.4		3,055		(10.4	)
Increase in unrecognized tax benefits			—		5,489		4.9				—
Increase in deferred tax assets, net	(4,914	)	(1.8	)			—		(25,948	)	88.4
Valuation allowance — recognized	3,232		1.2				—		43,876		(149.4	)
Valuation allowance — reversed	(4,569	)	(1.7	)	(394,718	)	(349.5	)	(25,689	)	87.5
Other	161		0.1		(49	)	—		(917	)	3.1
Income tax provision (benefit)*	97,091		36.3		(374,204	)	(331.3	)	(69,161	)	235.5



*	Due to rounding, amounts may not add.

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2013, 2012 and 2011 (amounts in thousands).



	2013		2012			2011
Federal	$	93,451	$	(329,277	)	$	(21,517	)
State	3,640		(44,927		)	(47,644		)
	$	97,091	$	(374,204	)	$	(69,161	)

Current	$	23,209	$	(21,296	)	$	(43,212	)
Deferred	73,882		(352,908		)	(25,949		)
	$	97,091	$	(374,204	)	$	(69,161	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2013, 2012 and 2011 (amounts in thousands).



	2013			2012			2011
Balance, beginning of year	$	80,991		$	104,669		$	160,446
Increase in benefit as a result of tax positions taken in prior years	5,699			5,000			8,168
Increase in benefit as a result of tax positions taken in current year				5,489
Decrease in benefit as a result of settlements							(17,954		)
Decrease in benefit as a result of completion of audits				(1,782		)	(33,370		)
Decrease in benefit as a result of lapse of statute of limitation	(8,585		)	(32,385		)	(12,621		)
Balance, end of year	$	78,105		$	80,991		$	104,669

Tax Benefits potential interest and penalties

The following table provides information as to the amounts recognized in its tax provision (benefit), before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the twelve-month periods ended October 31, 2013, 2012 and 2011, and the amounts accrued for potential interest and penalties at October 31, 2013 and 2012 (amounts in thousands).



Expense recognized in statements of operations
Fiscal year
2013	$	5,699
2012	$	5,000
2011	$	4,700



Accrued at:
October 31, 2013	$	28,362
October 31, 2012	$	24,906

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of net deferred tax assets and liabilities at October 31, 2013 and 2012 are set forth below (amounts in thousands).



	2013			2012
Deferred tax assets:
Accrued expenses	$	53,992		$	56,598
Impairment charges	262,346			319,818
Inventory valuation differences	28,448			30,424
Stock-based compensation expense	48,014			44,336
Amounts related to unrecognized tax benefits	35,603			36,934
State tax, net operating loss carryforward	55,763			50,006
Federal tax net operating loss carryforward				25,170
Other	20,369			21,345
Total assets	504,535			584,631
Deferred tax liabilities:
Capitalized interest	100,514			102,713
Deferred income	7,388			7,784
Expenses taken for tax purposes not for book	29,257			36,811
Depreciation	4,548			3,994
Deferred marketing	21,089			18,229
Total liabilities	162,796			169,531
Net deferred tax assets before valuation allowances	341,739			415,100
Cumulative valuation allowance - state	(55,707		)	(57,044		)
Net deferred tax assets	$	286,032		$	358,056