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Accrued Expenses
 12 Months Ended
Oct. 31, 2024
Payables and Accruals [Abstract]  
Accrued Expenses Accrued Expenses
Accrued expenses at October 31, 2024 and 2023, consisted of the following (amounts in thousands):
20242023
Land, land development and construction$356,613 $286,516 
Liabilities related to consolidated inventory not owned388,778 268,630 
Compensation and employee benefits208,394 212,684 
Escrow liability associated with our wholly owned captive title company62,038 42,451 
Self-insurance242,306 230,688 
Warranty189,258 206,171 
Lease liabilities128,588 123,866 
Deferred income51,138 52,907 
Interest29,669 30,044 
Commitments to unconsolidated entities38,661 29,212 
Other57,405 65,612 
 $1,752,848 $1,548,781 
At the time each home is closed and title and possession are transferred to the home buyer, we record an initial accrual for expected warranty costs on that home. Our initial accrual for expected warranty costs is based upon historical warranty claim experience. Adjustments to our warranty liabilities related to homes delivered in prior periods are recorded in the period in
which a change in our estimate occurs. The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2024, 2023, and 2022 (amounts in thousands):
202420232022
Balance, beginning of year$206,171 $164,409 $145,062 
Additions - homes closed during the year36,186 44,949 42,423 
Addition - liabilities assumed in an asset acquisition— — 150 
Increase in accruals for homes closed in prior years - net3,150 12,739 10,433 
(Decrease) increase in accruals expected to be recovered from third parties (1)
(6,000)58,000 29,000 
Reclassification from self-insurance accruals— 696 — 
Charges incurred(50,249)(74,622)(62,659)
Balance, end of year$189,258 $206,171 $164,409 
(1)    The (decrease) increase in accruals for warranty charges are expected to be recovered from our insurance carriers or suppliers, which are recorded as receivables included in “Receivables, prepaid expenses, and other assets” on our Consolidated Balance Sheets.