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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2024
Oct. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,303,039 $ 1,300,068
Inventory 9,712,925 9,057,578
Property, construction, and office equipment – net 453,007 323,990
Receivables, prepaid expenses, and other assets 590,611 691,256
Mortgage loans held for sale – at fair value 191,242 110,555
Customer deposits held in escrow 109,691 84,530
Investments in unconsolidated entities (1) 1,007,417 959,041
Total assets 13,367,932 12,527,018
Liabilities    
Loans payable 1,085,817 1,164,224
Senior notes 1,597,102 1,596,185
Mortgage company loan facility 150,000 100,058
Contract with Customer, Liability 488,690 540,718
Accounts payable 492,213 597,582
Accrued expenses 1,752,848 1,548,781
Income taxes payable 114,547 166,268
Total liabilities 5,681,217 5,713,816
Stockholders' equity:    
Preferred stock, none issued 0 0
Common stock, 112,937 shares issued at October 31, 2024 and October 31, 2023 1,129 1,129
Additional paid-in capital 694,713 698,548
Retained earnings 8,153,356 6,675,719
Treasury stock, at cost —13,149 and 9,146 shares at October 31, 2024 and October 31, 2023, respectively (1,209,547) (619,150)
Accumulated other comprehensive income ("AOCI") 31,277 40,910
Total stockholders’ equity 7,670,928 6,797,156
Noncontrolling interest 15,787 16,046
Total equity 7,686,715 6,813,202
Total liabilities and stockholders' equity 13,367,932 12,527,018
Variable Interest Entity, Primary Beneficiary [Member]    
Stockholders' equity:    
Assets related to consolidated VIEs $ 105,300 $ 89,600