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Summary Consolidated Quarterly Financial Data (Unaudited)
 12 Months Ended
Oct. 31, 2019
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block] Summary Consolidated Quarterly Financial Data (Unaudited)
The table below provides summary income statement data for each quarter of fiscal 2019 and 2018 (amounts in thousands, except per share data):
 
Three Months Ended
 
October 31
 
July 31
 
April 30
 
January 31
Fiscal 2019:
 
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
 
Home sales
$
2,292,044

 
$
1,756,970

 
$
1,712,057

 
$
1,319,308

Land sales
$
86,956

 
$
8,721

 
$
4,037

 
$
43,873

Gross profit:
 
 
 
 
 
 
 
Home sales
$
431,477

 
$
355,215

 
$
337,710

 
$
277,063

Land sales
$
658

 
$
2,489

 
$
1,116

 
$
9,620

Income before income taxes
$
272,649

 
$
186,916

 
$
176,159

 
$
151,446

Net income
$
202,315

 
$
146,318

 
$
129,324

 
$
112,050

Earnings per share (a)
 
 
 
 
 
 
 
Basic
$
1.43

 
$
1.01

 
$
0.88

 
$
0.76

Diluted
$
1.41

 
$
1.00

 
$
0.87

 
$
0.76

Weighted-average number of shares
 
 
 
 
 
 
 
Basic
141,909

 
144,750

 
146,622

 
146,751

Diluted
143,567

 
146,275

 
148,129

 
148,032

 
 
 
 
 
 
 
 
Fiscal 2018:
 
 
 
 
 
 
 
Revenue
$
2,455,238

 
$
1,913,353

 
$
1,599,199

 
$
1,175,468

Gross profit
$
524,487

 
$
403,734

 
$
301,042

 
$
240,988

Income before income taxes
$
396,473

 
$
253,097

 
$
152,748

 
$
131,598

Net income
$
310,976

 
$
193,258

 
$
111,810

 
$
132,107

Earnings per share (a)
 
 
 
 
 
 
 
Basic
$
2.10

 
$
1.28

 
$
0.73

 
$
0.85

Diluted
$
2.08

 
$
1.26

 
$
0.72

 
$
0.83

Weighted-average number of shares
 
 
 
 
 
 
 
Basic
148,066

 
151,257

 
152,731

 
155,882

Diluted
149,603

 
153,173

 
155,129

 
158,897

(a)
Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.