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Stockholders' Equity
 9 Months Ended
Jul. 31, 2025
Equity [Abstract]  
Stockholders’ Equity Stockholders’ Equity
Stock Repurchase Program
From time to time, our Board of Directors has renewed its authorization to repurchase up to 20 million shares of our common stock in open market transactions, privately negotiated transactions (including accelerated share repurchases), issuer tender offers or other financial arrangements or transactions for general corporate purposes, including to obtain shares for the Company’s equity awards and other employee benefit plans. Most recently, on December 13, 2023, our Board of Directors renewed its authorization to repurchase 20 million shares of our common stock and terminated, effective the same date, the existing authorization that had been in effect since May 17, 2022. The Board of Directors did not fix any expiration date for this 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,
 2025202420252024
Number of shares purchased (in thousands)1,791 2,073 3,623 3,576 
Average price per share (1)
$112.40 $118.57 $111.08 $119.42 
Remaining authorization at July 31 (in thousands)11,464 16,424 11,464 16,424 
(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.
Cash Dividends
On March 11, 2025, our Board of Directors approved an increase in our quarterly cash dividend from $0.23 per share to $0.25 per share. During the three-month periods ended July 31, 2025 and 2024, we declared and paid cash dividends of $0.25 and $0.23 per share, respectively, to our shareholders. During the nine-month periods ended July 31, 2025 and 2024, we declared and paid cash dividends of $0.73 and $0.67 per share, respectively, to our shareholders.
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,
2025202420252024
Employee Retirement Plans
Beginning balance$1,325 $2,911 $1,018 $3,080 
Losses (gains) reclassified from AOCI to net income (1)
205 (115)616 (342)
Less: Tax (benefit) expense (2)
(52)29 (156)87 
Net losses (gains) reclassified from AOCI to net income153 (86)460 (255)
Other comprehensive income (loss) – net of tax153 (86)460 (255)
Ending balance$1,478 $2,825 $1,478 $2,825 
Derivative Instruments
Beginning balance$26,805 $36,916 $30,259 $37,830 
Gains (losses) on derivative instruments612 (2,151)1,377 659 
Less: Tax (expense) benefit(157)553 (350)(506)
Net gains (losses) on derivative instruments455 (1,598)1,027 153 
Gains reclassified from AOCI to net income (3)
(3,970)(2,832)(9,358)(6,871)
Less: Tax expense (2)
1,002 727 2,364 2,101 
Net gains reclassified from AOCI to net income(2,968)(2,105)(6,994)(4,770)
Other comprehensive loss – net of tax(2,513)(3,703)(5,967)(4,617)
Ending balance$24,292 $33,213 $24,292 $33,213 
Total AOCI ending balance$25,770 $36,038 $25,770 $36,038 
(1) Reclassified to “Other income – net”
(2) Reclassified to “Income tax provision”
(3) Reclassified to “Cost of revenues – home sales”