Summary Consolidated Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 31, 2021

Summary Consolidated Quarterly Financial Data (Unaudited)

The table below provides summary income statement data for each quarter of fiscal 2021 and 2020 (amounts in thousands, except per share data):


	Three Months Ended
	October 31		July 31		April 30		January 31
Fiscal 2021:
Revenue:
Home sales	$	2,950,417	$	2,234,365	$	1,836,260	$	1,410,704
Land sales and other	$	90,963	$	21,116	$	93,864	$	152,672
Gross profit:
Home sales	$	694,373	$	508,241	$	401,767	$	288,911
Land sales and other	$	4,490	$	2,407	$	1,773	$	40,938
Income before income taxes	$	499,689	$	303,395	$	169,826	$	127,405
Net income	$	374,330	$	234,932	$	127,866	$	96,499
Earnings per share (a)
Basic	$	3.06	$	1.90	$	1.03	$	0.77
Diluted	$	3.02	$	1.87	$	1.01	$	0.76
Weighted-average number of shares
Basic	122,218		123,826		124,295		126,060
Diluted	124,057		125,610		125,999		127,562

Fiscal 2020:
Revenue:
Home sales	$	2,495,974	$	1,627,812	$	1,516,234	$	1,297,337
Land sales and other	$	49,693	$	23,677	$	32,838	$	34,094
Gross profit
Home sales	$	502,079	$	341,704	$	295,256	$	264,215
Land sales and other	$	4,798	$	1,418	$	6,420	$	1,812
Income before income taxes	$	266,991	$	151,865	$	102,113	$	65,932
Net income	$	199,317	$	114,761	$	75,670	$	56,876
Earnings per share (a)
Basic	$	1.57	$	0.91	$	0.59	$	0.41
Diluted	$	1.55	$	0.90	$	0.59	$	0.41
Weighted-average number of shares
Basic	127,310		126,722		128,205		138,145
Diluted	128,892		127,399		128,809		139,889

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