Accrued Expenses (Tables)

3 Months Ended

Jan. 31, 2022

Payables and Accruals [Abstract]

Accrued expenses

Accrued expenses at January 31, 2022 and October 31, 2021 consisted of the following (amounts in thousands):

	January 31, 2022		October 31, 2021
Land, land development, and construction	$	298,390	$	310,996
Compensation and employee benefits	176,256		232,161
Escrow liability	46,159		36,107
Self-insurance	239,194		236,369
Warranty	143,043		145,062
Lease liabilities	119,851		116,248
Deferred income	38,515		36,638
Interest	35,762		34,033
Commitments to unconsolidated entities	29,969		22,150
Treasury share purchases	57,699		—
Other	51,587		50,471
	$	1,236,425	$	1,220,235

Changes in the warranty accrual

The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands):

	Three months ended January 31,
	2022		2021
Balance, beginning of period	$	145,062	$	157,351
Additions – homes closed during the period	9,455		7,402
Increase in accruals for homes closed in prior years, net	2,957		1,194
Charges incurred	(14,431)		(15,070)
Balance, end of period	$	143,043	$	150,877