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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Cash flow (used in) provided by operating activities:    
Net income $ 437,175 $ 343,617
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 18,724 18,423
Stock-based compensation 21,879 22,088
Income (Loss) from unconsolidated entities (53,913) (112,274)
Distributions of earnings from unconsolidated entities 53,166 125,138
Income from foreclosed real estate and distressed loans (1,269) (4,287)
Deferred tax (benefit) provision (19,747) 59,266
Deferred tax valuation allowances (32,154)
Inventory impairments and write-offs 28,746 11,314
Other 208 2,299
Changes in operating assets and liabilities    
Increase in inventory (541,889) (228,887)
Origination of mortgage loans (941,336) (821,265)
Sale of mortgage loans 979,715 979,625
Decrease in restricted cash and investments 1,796 12,461
(Increase) decrease in receivables, prepaid expenses and other assets (123,521) 46,941
Increase in customer deposits 39,900 64,252
Decrease in accounts payable and accrued expenses 24,428 (133,845)
Decrease in income taxes payable 3,698 55,273
Net Cash (Used in) Provided by Operating Activities, Continuing Operations (72,240) 407,985
Cash flow provided by (used in) investing activities:    
Purchase of property and equipment - net (21,701) (22,401)
Investments in and advances to unconsolidated entities (15,189) (119,714)
Return of investments in unconsolidated entities 93,669 139,346
Investment in distressed loans and foreclosed real estate (519) (688)
Return of investments in distressed loans and foreclosed real estate 3,934 12,429
Acquisition of a business, net of cash acquired (85,183)
Net Cash Provided By (Used In) Investing Activities, Continuing Operations 60,194 (58,162)
Cash flow provided by (used in) financing activities:    
Proceeds from issuance of senior notes 400,000 455,483
Debt issuance costs for senior notes (3,531) (4,446)
Proceeds from loans payable 1,908,085 1,083,472
Repayments of Notes Payable (2,020,495) (1,513,078)
Proceeds from stock-based benefit plans 9,731 57,958
Purchase of treasury stock (426,895) (90,716)
Dividends paid (45,519) (26,016)
Proceeds from (Payments to) Noncontrolling Interests 22
Net Cash Provided By (Used in) Financing Activities, Continuing Operations (178,602) (37,343)
Net increase (decrease) in cash and cash equivalents (190,648) 312,480
Cash and cash equivalents, beginning of period 712,829 633,715
Cash and cash equivalents, end of period $ 522,181 $ 946,195