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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flow used in operating activities:    
Net income $ 216,004 $ 208,508
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 17,667 16,690
Stock-based compensation 17,694 16,985
Excess tax benefits from stock-based compensation (4,603) (221)
Income Loss from Unconsolidated Entities (17,080) (38,192)
Distributions of earnings from unconsolidated entities 8,459 41,580
Income from distressed loans and foreclosed real estate (7,192) (14,024)
Deferred tax provision 19,006 24,653
Deferred tax valuation allowances (1,388) (2,655)
Inventory impairments and write-offs 31,279 9,898
Change in fair value of mortgage loans receivable and derivative instruments $ (137) 143
(Gain) loss on marketable securities   (6)
Changes in operating assets and liabilities    
Increase in inventory $ (349,674) (352,826)
Origination of mortgage loans (675,643) (546,401)
Sale of mortgage loans 649,464 560,401
(Increase) decrease in restricted cash 422 9,635
(Increase) decrease in receivables, prepaid expenses and other assets (32,451) (7,222)
Increase in customer deposits 69,589 27,157
(Decrease) increase in accounts payable and accrued expenses 8,410 36,599
Increase in income taxes payable (61,077) 47,914
Net Cash Used in Operating Activities, Continuing Operations (111,251) 38,616
Cash flow (used in) provided by investing activities:    
Purchase of property and equipment - net (7,245) (9,500)
Sale and redemption of marketable securities 2,000 40,243
Investment in and advances to unconsolidated entities (39,281) (93,039)
Return of investments in unconsolidated entities 34,803 50,677
Investment in distressed loans and foreclosed real estate (2,096) (1,127)
Return of investments in distressed loans and foreclosed real estate 23,372 $ 40,675
Net increase in cash from purchase of joint venture interest $ 3,848  
Acquisition of a business, net of cash acquired   $ (1,489,116)
Net Cash Used in Investing Activities, Continuing Operations $ 15,401 (1,461,187)
Cash flow (used in) provided by financing activities:    
Proceeds from issuance of senior notes   600,000
Debt issuance costs for senior notes   (4,700)
Proceeds from loans payable $ 1,216,094 1,870,880
Payments of Debt Issuance Costs Notes Payable   (3,005)
Principal payments of loans payable $ (1,043,542) (1,417,848)
Redemption of senior notes $ (300,000) (267,960)
Net proceeds from issuance of common stock   220,365
Proceeds from stock-based benefit plans $ 35,246 26,555
Excess Tax Benefit from Share-based Compensation, Financing Activities 4,603 221
Purchase of treasury stock (6,746) (341)
(Payments) receipts related to noncontrolling interest, net (1,312) 81
Net Cash (Used in) Provided by Financing Activities, Continuing Operations (95,657) 1,024,248
Net decrease in cash and cash equivalents (191,507) (398,323)
Cash and cash equivalents, beginning of period 586,315 772,972
Cash and cash equivalents, end of period $ 394,808 $ 374,649