Information on Segments (Tables)

6 Months Ended

Apr. 30, 2018

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,
	2018			2017			2018			2017
Revenues:
Traditional Home Building:
North	$	360,494		$	334,983		$	226,214		$	189,345
Mid-Atlantic	461,865			410,542			254,907			226,491
South	412,206			337,307			240,714			195,111
West	607,421			513,835			349,388			302,702
California	725,446			593,079			438,342			373,303
Traditional Home Building	2,567,432			2,189,746			1,509,565			1,286,952
City Living	207,235			94,496			89,634			76,560
Total	$	2,774,667		$	2,284,242		$	1,599,199		$	1,363,512
Income (loss) before income taxes:
Traditional Home Building:
North	$	2,036		$	20,606		$	1,657		$	10,513
Mid-Atlantic	34,344			33,543			20,444			21,911
South	39,278			33,930			27,130			20,819
West	78,653			67,822			48,049			42,325
California	146,518			126,529			85,661			83,336
Traditional Home Building	300,829			282,430			182,941			178,904
City Living	46,649			85,032			16,685			41,930
Corporate and other	(63,132		)	(58,472		)	(46,878		)	(21,625		)
Total	$	284,346		$	308,990		$	152,748		$	199,209

“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 our Rental Property Joint Ventures and Gibraltar Joint Ventures.

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

	April 30, 2018		October 31, 2017
Traditional Home Building:
North	$	1,085,200	$	1,074,969
Mid-Atlantic	1,185,334		1,121,013
South	1,291,941		1,184,956
West	1,423,300		1,275,298
California	2,983,624		2,630,041
Traditional Home Building	7,969,399		7,286,277
City Living	555,876		647,174
Corporate and other	1,318,451		1,511,774
Total	$	9,843,726	$	9,445,225

“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 and operations, manufacturing facilities, and our mortgage and title subsidiaries.