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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Cash flow provided by (used in) operating activities:    
Net income $ 387,692 $ 437,175
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 51,423 18,724
Stock-based compensation 19,351 21,879
Income (Loss) from unconsolidated entities (17,759) (53,913)
Distributions of earnings from unconsolidated entities 25,919 53,166
Income from foreclosed real estate and distressed loans (487) (1,269)
Deferred tax (benefit) provision 7,045 (19,747)
Inventory impairments and write-offs 31,636 28,746
Gain on sales of golf club property and an office building (13,331)
Other (536) 208
Changes in operating assets and liabilities    
Increase in inventory (264,965) (541,889)
Origination of mortgage loans (1,074,392) (941,336)
Sale of mortgage loans 1,078,105 979,715
(Increase) decrease in receivables, prepaid expenses and other assets (155,843) (123,521)
Increase in customer deposits, net 44,726 39,900
Decrease in accounts payable and accrued expenses (109,775) 24,428
Decrease in income taxes payable 13,652 3,698
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 22,461 (74,036)
Cash flow (used in) provided by investing activities:    
Purchase of property and equipment - net (61,278) (21,701)
Investments in and advances to unconsolidated entities (43,260) (15,189)
Return of investments in unconsolidated entities 112,373 93,669
Investment in distressed loans and foreclosed real estate (602) (519)
Return of investments in distressed loans and foreclosed real estate 1,649 3,934
Proceeds from sales of golf club property and an office building 33,539
Acquisition of a business (92,840)
Net Cash (Used in) Provided By Investing Activities, Continuing Operations (50,419) 60,194
Cash flow used in financing activities:    
Proceeds from issuance of senior notes 400,000
Debt issuance costs for senior notes (3,531)
Proceeds from loans payable 1,940,998 1,908,085
Debt issuance costs for loans payable (1,948)
Repayments of loans payable (1,696,827) (2,020,495)
Redemption of senior notes (350,000)
(Payments) proceeds from stock-based benefit plans 5,441 9,731
Purchase of treasury stock (167,474) (426,895)
Dividends paid (48,140) (45,519)
Proceeds from (Payments to) Noncontrolling Interests 49 22
Net Cash Used in Financing Activities, Continuing Operations (317,901) (178,602)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (345,859) (192,444)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period 1,182,939 715,311
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period $ 837,080 $ 522,867