Information on Segments (Tables)

3 Months Ended

Jan. 31, 2019

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):

	Three months ended January 31,
	2019			2018
Revenues:
Traditional Home Building:
North	$	169,501		$	134,280
Mid-Atlantic	205,696			206,958
South	208,147			171,492
West	300,430			258,033
California	370,018			287,104
Traditional Home Building	1,253,792			1,057,867
City Living	68,594			117,601
Corporate and other	(3,078		)	—
Total home sales revenue	1,319,308			1,175,468
Land sales revenue	43,873			—
Total revenue	$	1,363,181		$	1,175,468
Income (loss) before income taxes:
Traditional Home Building:
North	$	10,736		$	379
Mid-Atlantic	11,372			13,900
South	15,768			12,148
West	43,614			30,604
California	73,621			60,857
Traditional Home Building	155,111			117,888
City Living	14,642			29,964
Corporate and other	(18,307		)	(16,254		)
Total	$	151,446		$	131,598

“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):

	January 31, 2019		October 31, 2018
Traditional Home Building:
North	$	978,905	$	970,854
Mid-Atlantic	1,159,891		1,130,417
South	1,247,691		1,237,744
West	1,721,433		1,580,199
California	2,747,835		2,733,956
Traditional Home Building	7,855,755		7,653,170
City Living	505,045		516,238
Corporate and other	1,675,054		2,075,182
Total	$	10,035,854	$	10,244,590

“Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, 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.