Information on Segments (Tables)

6 Months Ended

Apr. 30, 2017

Segment Reporting [Abstract]

Revenue and income (loss) before income taxes and total assets

Revenue and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands):

	Six months ended April 30,						Three months ended April 30,
	2017			2016			2017			2016
Revenues:
Traditional Home Building:
North	$	334,983		$	286,492		$	189,345		$	165,674
Mid-Atlantic	410,542			356,395			226,491			186,587
South	337,307			339,246			195,111			192,448
West	513,835			325,625			302,702			188,367
California	593,079			545,341			373,303			328,439
Traditional Home Building	2,189,746			1,853,099			1,286,952			1,061,515
City Living	94,496			191,024			76,560			54,042
Total	$	2,284,242		$	2,044,123		$	1,363,512		$	1,115,557
Income (loss) before income taxes:
Traditional Home Building:
North	$	20,606		$	16,306		$	10,513		$	8,273
Mid-Atlantic	33,543			37,870			21,911			20,887
South	33,930			52,379			20,819			31,134
West	67,822			43,851			42,325			24,163
California	126,529			118,483			83,336			74,948
Traditional Home Building	282,430			268,889			178,904			159,405
City Living	85,032			59,916			41,930			16,235
Corporate and other	(58,472		)	(71,591		)	(21,625		)	(35,243		)
Total	$	308,990		$	257,214		$	199,209		$	140,397

“Corporate and other” is comprised principally of general corporate expenses such as the offices of our executive officers; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including Gibraltar; and income from a number of our unconsolidated entities.

Total assets for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands):

	April 30, 2017		October 31, 2016
Traditional Home Building:
North	$	1,110,080	$	1,020,250
Mid-Atlantic	1,196,635		1,166,023
South	1,296,650		1,203,554
West	1,253,967		1,130,625
California	2,635,819		2,479,885
Traditional Home Building	7,493,151		7,000,337
City Living	793,714		946,738
Corporate and other	1,580,099		1,789,714
Total	$	9,866,964	$	9,736,789

“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash and investments, deferred tax assets, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments, manufacturing facilities, and our mortgage and title subsidiaries.