Stockholders' Equity (Tables)

9 Months Ended

Jul. 31, 2023

The table below provides, for the periods indicated, information about our share repurchase programs:


	Three months ended July 31,				Nine months ended July 31,
	2023		2022		2023		2022
Number of shares purchased (in thousands)	1,931		2,038		3,561		7,257
Average price per share (1)	$	76.26	$	44.93	$	67.53	$	52.90
Remaining authorization at July 31 (in thousands)	11,016		18,319		11,016		18,319

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The changes in each component of accumulated other comprehensive income (loss) (“AOCI”), for the periods indicated, were as follows (amounts in thousands):


	Three months ended July 31,				Nine months ended July 31,
	2023		2022		2023		2022
Employee Retirement Plans
Beginning balance	$	2,510	$	(5,347)	$	2,475	$	(6,024)



Losses reclassified from AOCI to net income (1)	23		452		70		1,355
Less: Tax benefit (2)	(6)		(115)		(18)		(341)
Net losses reclassified from AOCI to net income	17		337		52		1,014
Other comprehensive loss – net of tax	17		337		52		1,014
Ending balance	$	2,527	$	(5,010)	$	2,527	$	(5,010)
Derivative Instruments
Beginning balance	$	31,365	$	24,766	$	35,143	$	7,133
Gains (losses) on derivative instruments	8,900		(4,082)		5,191		19,281
Less: Tax (expense) benefit	(2,250)		1,037		(1,302)		(4,829)
Net gains (losses) on derivative instruments	6,650		(3,045)		3,889		14,452
(Gains) losses reclassified from AOCI to net income (3)	(1,427)		38		(2,789)		220
Less: Tax expense (benefit) (2)	361		(10)		706		(56)
Net (gains) losses reclassified from AOCI to net income	(1,066)		28		(2,083)		164
Other comprehensive income (loss) – net of tax	5,584		(3,017)		1,806		14,616
Ending balance	$	36,949	$	21,749	$	36,949	$	21,749

Total AOCI ending balance	$	39,476	$	16,739	$	39,476	$	16,739

(1) Reclassified to “Other income – net”

(2) Reclassified to “Income tax provision”

(3) Reclassified to “Cost of revenues – home sales”