XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Stockholders' Equity (Tables)
 9 Months Ended
Jul. 31, 2024
Stock Repurchase Program [Abstract]  
Stock repurchase program
The table below provides, for the periods indicated, information about our share repurchase programs:
 Three months ended July 31,Nine months ended July 31,
 2024202320242023
Number of shares purchased (in thousands)2,073 1,931 3,576 3,561 
Average price per share (1)
$118.57 $76.26 $119.42 $67.53 
Remaining authorization at July 31 (in thousands)16,424 11,016 16,424 11,016 
(1)    Average price per share includes costs associated with the purchases, including the excise tax accrued on our share repurchases as a result of the Inflation Reduction Act of 2022, as applicable.
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income
The changes in each component of accumulated other comprehensive income (“AOCI”), for the periods indicated, were as follows (amounts in thousands):
Three months ended July 31,Nine months ended July 31,
2024202320242023
Employee Retirement Plans
Beginning balance$2,911 $2,510 $3,080 $2,475 
(Gains) losses reclassified from AOCI to net income (1)
(115)23 (342)70 
Less: Tax expense (benefit) (2)
29 (6)87 (18)
Net (gains) losses reclassified from AOCI to net income(86)17 (255)52 
Other comprehensive (loss) income – net of tax(86)17 (255)52 
Ending balance$2,825 $2,527 $2,825 $2,527 
Derivative Instruments
Beginning balance$36,916 $31,365 $37,830 $35,143 
(Losses) gains on derivative instruments(2,151)8,900 659 5,191 
Less: Tax benefit (expense)553 (2,250)(506)(1,302)
Net (losses) gains on derivative instruments(1,598)6,650 153 3,889 
Gains reclassified from AOCI to net income (3)
(2,832)(1,427)(6,871)(2,789)
Less: Tax expense (2)
727 361 2,101 706 
Net gains reclassified from AOCI to net income(2,105)(1,066)(4,770)(2,083)
Other comprehensive (loss) income – net of tax(3,703)5,584 (4,617)1,806 
Ending balance$33,213 $36,949 $33,213 $36,949 
Total AOCI ending balance$36,038 $39,476 $36,038 $39,476 
(1) Reclassified to “Other income – net”
(2) Reclassified to “Income tax provision”
(3) Reclassified to “Cost of revenues – home sales”