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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Cash flow provided by (used in) operating activities:    
Net income (loss) $ 24,752 $ (53,853)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 17,123 13,955
Stock-based compensation 10,419 9,366
Excess tax benefits from stock-based compensation 0 (3,595)
Impairment of investment in unconsolidated entities 39,600  
Income from unconsolidated entities and non-performing loan portfolio (29,783) (4,817)
Distributions of earnings from unconsolidated entities 7,417 7,211
Deferred tax benefit 4,329 (14,687)
Deferred tax valuation allowances (4,329) 14,687
Inventory impairments 34,861 88,220
Change in fair value of mortgage loans receivable and derivative instruments 628 (537)
Expenses related to early retirement of debt 3,414 692
Changes in operating assets and liabilities    
Increase in inventory (208,204) (142,109)
Origination of mortgage loans (457,383) (417,985)
Sale of mortgage loans 504,724 395,191
Decrease in restricted cash 36,681  
(Increase) decrease in receivables, prepaid expenses and other assets (2,955) 8,143
Increase (decrease) in customer deposits 18,090 (9,735)
Decrease in accounts payable and accrued expenses (38,045) (48,404)
Decrease in income tax refund recoverable 141,590 112,141
Decrease in income taxes payable (56,461) (16,410)
Net cash provided by (used in) operating activities 46,468 (62,526)
Cash flow used in investing activities:    
Purchase of property and equipment - net (6,927) (1,452)
Purchase of marketable securities (420,087) (105,450)
Sale and redemption of marketable securities 318,372  
Investment in and advances to unconsolidated entities and non-performing loan portfolio (42,141) (55,628)
Return of investments in unconsolidated entities 26,285 7,246
Net cash used in investing activities (124,498) (155,284)
Cash flow used in financing activities:    
Proceeds from loans payable 666,659 610,071
Principal payments of loans payable (715,131) (691,776)
Redemption of senior subordinated notes 0 (47,872)
Redemption of senior notes (48,437) (36,064)
Proceeds from stock-based benefit plans 23,731 7,273
Excess tax benefits from stock-based compensation 0 3,595
Receipts related to noncontrolling interest 2,678  
Purchase of treasury stock (463) (500)
Net cash used in financing activities (70,963) (155,273)
Net decrease in cash and cash equivalents (148,993) (373,083)
Cash and cash equivalents, beginning of period 1,039,060 1,807,718
Cash and cash equivalents, end of period $ 890,067 $ 1,434,635