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Summary Consolidated Quarterly Financial Data (Unaudited)
12 Months Ended
Oct. 31, 2024
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block] Summary Consolidated Quarterly Financial Data (Unaudited)
The table below provides summary income statement data for each quarter of fiscal 2024 and 2023 (amounts in thousands, except per share data):
 Three Months Ended
 October 31July 31April 30January 31
Fiscal 2024:    
Revenue:
Home sales$3,260,004 $2,724,472 $2,647,020 $1,931,836 
Land sales and other (1)
$73,458 $3,472 $190,466 $16,012 
Gross profit (loss):
Home sales$846,324 $747,310 $683,737 $532,610 
Land sales and other (1)
$34,465 $(5,306)$177,487 $5,851 
Income before income taxes $621,073 $503,627 $649,779 $311,161 
Net income$475,409 $374,611 $481,617 $239,558 
Earnings per share (2)
    
Basic$4.67 $3.64 $4.60 $2.28 
Diluted$4.63 $3.60 $4.55 $2.25 
Weighted-average number of shares    
Basic101,716 102,980 104,794 105,122 
Diluted102,676 104,014 105,803 106,265 
Fiscal 2023:    
Revenue:
Home sales$2,951,904 $2,674,602 $2,490,098 $1,749,422 
Land sales and other$68,243 $13,040 $16,881 $30,747 
Gross profit (loss):
Home sales$810,375 $742,653 $657,220 $448,499 
Land sales and other$(10,351)$1,462 $(3,969)$(11,688)
Income before income taxes$604,966 $553,017 $430,592 $253,796 
Net income$445,536 $414,789 $320,216 $191,530 
Earnings per share (2)
    
Basic$4.15 $3.77 $2.88 $1.72 
Diluted$4.11 $3.73 $2.85 $1.70 
Weighted-average number of shares    
Basic107,465 110,003 111,214 111,397 
Diluted108,388 111,123 112,184 112,336 
(1)    Land sales and other revenue and gross profit in the three months ended April 30, 2024 included $185.0 million and $124.1 million, respectively, related to the sale of a single parcel of land in northern Virginia to a commercial developer.
(2)    Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.