Toll Brothers (TOL) 10-K20 Dec 242024 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information Document - USD ($)	12 Months Ended
Document and Entity Information Document - USD ($)	Oct. 31, 2024	Dec. 18, 2024	Apr. 30, 2024
Cover page [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Oct. 31, 2024
Document Transition Report	false
Entity File Number	001-09186
Entity Registrant Name	TOLL BROTHERS, INC.
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1140 Virginia Drive
Entity Address, City or Town	Fort Washington
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19034
City Area Code	215
Local Phone Number	938-8000
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--10-31
Entity Central Index Key	0000794170
ICFR Auditor Attestation Flag	true
Entity Common Stock, Shares Outstanding		100,037,000
Entity Public Float			$ 12,183,487,000
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Filer Category	Large Accelerated Filer
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Security Exchange Name	NYSE
Trading Symbol	TOL
Title of 12(b) Security	Common Stock (par value $.01)
Entity Tax Identification Number	23-2416878
Documents Incorporated by Reference	Documents Incorporated by Reference: Portions of the proxy statement of Toll Brothers, Inc. with respect to the 2025 Annual Meeting of Stockholders, scheduled to be held on March 11, 2025, are incorporated by reference into Part III of this report.
Document Financial Statement Error Correction [Flag]	false

Audit Information

Audit Information	12 Months Ended
Audit Information	Oct. 31, 2024
Audit Information [Abstract]
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Philadelphia, Pennsylvania

Consolidated Balance Sheets

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

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Oct. 31, 2024	Oct. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, shares issued	0	0
Common stock, shares issued	112,937	112,937
Treasury Stock, Common, Shares	13,149	9,146

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 10,846,740	$ 9,994,937	$ 10,275,558
Cost of revenues:	7,824,262	7,360,736	7,789,179
Selling, general and administrative	982,291	909,446	977,753
Income from operations	2,040,187	1,724,755	1,508,626
Other:
(Loss) income from unconsolidated entities	(23,843)	50,098	23,723
Other income – net	69,296	67,518	171,377
Income before income taxes	2,085,640	1,842,371	1,703,726
Income tax provision	514,445	470,300	417,226
Net income	1,571,195	1,372,071	1,286,500
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other comprehensive (loss) income – net of tax	(9,633)	3,292	36,509
Total comprehensive income	$ 1,561,562	$ 1,375,363	$ 1,323,009
Income per share:
Basic earnings (in dollars per share)	$ 15.16	$ 12.47	$ 11.02
Diluted earnings (in dollars per share)	$ 15.01	$ 12.36	$ 10.90
Weighted average number of shares:
Basic (in shares)	103,653	110,020	116,771
Diluted (in shares)	104,690	111,008	117,975
Home Building [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 10,563,332	$ 9,866,026	$ 9,711,170
Cost of revenues:	7,753,351	7,207,279	7,237,409
Land [Member]
Revenue from Contract with Customer, Including Assessed Tax	283,408	128,911	564,388
Cost of revenues:	$ 70,911	$ 153,457	$ 551,770

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, Common	Accumulated Other Comprehensive Income (Loss) [Member]	Parent [Member]	Noncontrolling Interest [Member]
Shares, Issued at Oct. 31, 2021		127,937
Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2021	$ 5,340,455	$ 1,279	$ 714,453	$ 4,969,839	$ (391,656)	$ 1,109	$ 5,295,024	$ 45,431
Net income	1,286,500			1,286,500			1,286,500
Purchase of treasury stock, value	(542,739)				(542,739)		(542,739)
Exercise of stock options, and stock based compensation issuances, and employee stock plan issuances	(694)		(18,762)		18,068		(694)
Stock-based compensation	$ 21,095		21,095				21,095
Treasury Stock, Shares, Retired	0
Dividends, Common Stock, Cash	$ (89,607)			(89,607)			(89,607)
Other Comprehensive Income (Loss)	36,509					36,509	36,509
Income (loss) attributable to noncontrolling interest	64						0	64
Capital distributions, net	(29,743)						0	(29,743)
Shares, Issued at Oct. 31, 2022		127,937
Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2022	6,021,840	$ 1,279	716,786	6,166,732	(916,327)	37,618	6,006,088	15,752
Net income	1,372,071			1,372,071			1,372,071
Purchase of treasury stock, value	(565,950)				(565,950)		(565,950)
Exercise of stock options, and stock based compensation issuances, and employee stock plan issuances	48,265		(43,043)		91,308		48,265
Stock-based compensation	$ 24,805		24,805				24,805
Treasury Stock, Shares, Retired	15,000	(15,000)
Treasury Stock, Retired, Cost Method, Amount	$ 0	$ (150)		(771,669)	771,819		0
Dividends, Common Stock, Cash	(91,415)			(91,415)			(91,415)
Other Comprehensive Income (Loss)	3,292					3,292	3,292
Income (loss) attributable to noncontrolling interest	(666)						0	(666)
Capital contributions	960						0	960
Shares, Issued at Oct. 31, 2023		112,937
Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2023	6,813,202	$ 1,129	698,548	6,675,719	(619,150)	40,910	6,797,156	16,046
Net income	1,571,195			1,571,195			1,571,195
Purchase of treasury stock, value	(627,920)				(627,920)		(627,920)
Exercise of stock options, and stock based compensation issuances, and employee stock plan issuances	4,130		(33,393)		37,523		4,130
Stock-based compensation	$ 29,558		29,558				29,558
Treasury Stock, Shares, Retired	0
Dividends, Common Stock, Cash	$ (93,558)			(93,558)			(93,558)
Other Comprehensive Income (Loss)	(9,633)					(9,633)	(9,633)
Income (loss) attributable to noncontrolling interest	(1,093)						0	(1,093)
Capital contributions	834						0	834
Shares, Issued at Oct. 31, 2024		112,937
Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2024	$ 7,686,715	$ 1,129	$ 694,713	$ 8,153,356	$ (1,209,547)	$ 31,277	$ 7,670,928	$ 15,787

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Cash flow provided by operating activities:
Net income	$ 1,571,195	$ 1,372,071	$ 1,286,500
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	81,201	76,473	76,816
Stock-based compensation	29,558	24,805	21,095
Loss (income) from unconsolidated entities	23,843	(50,098)	(23,723)
Distributions of earnings from unconsolidated entities	39,276	88,393	32,316
Deferred tax provision	(80,330)	36,239	(96,680)
Property, construction and office equipment impairments	72,789	69,537	39,541
(Gain) loss on sale of assets	(5,042)	(416)	576
Other - net	(1,544)	3,181	3,781
Changes in operating assets and liabilities:
Inventory	(575,734)	(22,212)	(618,829)
Origination of mortgage loans	(2,137,278)	(1,602,700)	(2,035,637)
Sale of mortgage loans	2,058,780	1,681,610	2,086,358
Receivables, prepaid expenses, and other assets	505	(135,924)	(95,018)
Current income taxes – net	31,927	(162,570)	160,500
Customer deposits – net	(77,189)	(88,285)	(3,279)
Accounts payable and accrued expenses	(21,790)	(23,674)	152,499
Net cash provided by operating activities	1,010,167	1,266,430	986,816
Cash flow used in investing activities:
Purchase of property, construction, and office equipment – net	(73,643)	(72,961)	(71,726)
Investments in unconsolidated entities	(193,235)	(216,438)	(226,724)
Return of investments in unconsolidated entities	101,363	112,749	116,769
Proceeds from the sale of assets, including ownership interests in unconsolidated entities	1,139	26,049	28,309
Other – net	(3,242)	0	196
Net cash used in investing activities	(167,618)	(150,601)	(153,176)
Cash flow used in financing activities:
Proceeds from loans payable	3,744,727	3,079,142	4,304,635
Debt issuance costs	(202)	(5,365)	0
Principal payments of loans payable	(3,844,816)	(3,239,418)	(4,356,185)
Redemption of senior notes	0	(400,000)	(409,856)
Proceeds (payments) related to stock-based benefit plans – net	4,131	48,269	(690)
Dividends paid	(93,401)	(91,082)	(88,901)
Receipts (payments) related to noncontrolling interest – net	167	11	(25,766)
Net cash used in financing activities	(816,455)	(1,170,038)	(1,119,502)
Net increase (decrease) in cash, cash equivalents, and restricted cash	26,094	(54,209)	(285,862)
Cash, cash equivalents, and restricted cash, beginning of year	1,344,341	1,398,550	1,684,412
Cash, cash equivalents, and restricted cash, end of year	1,370,435	1,344,341	1,398,550
Payments for Repurchase of Common Stock	$ (627,061)	$ (561,595)	$ (542,739)

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Oct. 31, 2024
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Significant Accounting Policies Basis of Presentation The consolidated financial statements include the accounts of Toll Brothers, Inc. (the “Company,” “we,” “us,” or “our”), a Delaware corporation, and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. References herein to fiscal year refer to our fiscal years ended or ending October 31. Use of Estimates The preparation of financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”) requires us to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. In times of economic disruption when uncertainty regarding future economic conditions is heightened, these estimates and assumptions are subject to greater variability. As a result, actual results could differ from the estimates and assumptions we make that affect the amounts reported in the Consolidated Financial Statements and accompanying notes, and such differences may be material. Cash and Cash Equivalents Investments with original maturities of three months or less are classified as cash equivalents. Our cash balances exceed federally insurable limits. We monitor the cash balances in our operating accounts and adjust the cash balances as appropriate; however, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, we have experienced no loss or lack of access to cash in our operating accounts. Inventory Inventory is stated at cost unless an impairment exists, in which case it is written down to fair value in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment” (“ASC 360”). In addition to direct land acquisition costs, land development costs, and home construction costs, costs also include interest, real estate taxes, and direct overhead related to development and construction, which are capitalized to inventory during the period beginning with the commencement of development and ending with the completion of construction. For those communities that have been temporarily closed, no additional capitalized interest is allocated to a community’s inventory until it reopens. While the community remains closed, carrying costs such as real estate taxes are expensed as incurred. We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to home sales cost of sales revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred. During fiscal 2024, 2023 and 2022, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred, excluding interest related to our mortgage company subsidiary’s operations, was capitalized to inventory. See Note 3, “Inventory”. Once a parcel of land has been approved for development and we open one of our typical communities, it may take four Operating Communities : When the profitability of an operating community deteriorates, the sales pace declines significantly, or some other factor indicates a possible impairment in the recoverability of the asset, the asset is reviewed for impairment by comparing the estimated future undiscounted cash flow for the community to its carrying value. If the estimated future undiscounted cash flow is less than the community’s carrying value, the carrying value is written down to its estimated fair value. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. The impairment is charged to home sales cost of revenues in the period in which the impairment is determined. In estimating the future undiscounted cash flow of a community, we use various estimates such as (i) the expected sales pace in a community, based upon general economic conditions that will have a short-term or long-term impact on the market in which the community is located and on competition within the market, including the number of home sites available and pricing and incentives being offered in other communities owned by us or by other builders; (ii) the expected sales prices and sales incentives to be offered in a community; (iii) costs expended to date and expected to be incurred in the future, including, but not limited to, land and land development, home construction, interest, and overhead costs; (iv) alternative product offerings that may be offered in a community that will have an impact on sales pace, sales price, building cost, or the number of homes that can be built on a particular site; and (v) alternative uses for the property such as the possibility of a sale of the entire community to another builder or the sale of individual home sites. Future Communities : We evaluate all land held for future communities or future sections of operating communities, whether owned or under contract, to determine whether or not we expect to proceed with the development of the land as originally contemplated. This evaluation encompasses the same types of estimates used for operating communities described above, as well as an evaluation of the regulatory environment applicable to the land and the estimated probability of obtaining the necessary approvals, the estimated time and cost it will take to obtain the approvals, and the possible concessions that may be required to be given in order to obtain them. Concessions may include cash payments to fund improvements to public places such as parks and streets, dedication of a portion of the property for use by the public or as open space, or a reduction in the density or size of the homes to be built. Based upon this review, we decide (i) as to land under contract to be purchased, whether the contract will likely be terminated or renegotiated, and (ii) as to land owned, whether the land will likely be developed as contemplated or in an alternative manner, or should be sold. We then further determine whether costs that have been capitalized to the community are recoverable or should be written off. The write-off is charged to home sales cost of revenues in the period in which the need for the write-off is determined. The estimates used in the determination of the estimated cash flows and fair value of both current and future communities are based on factors known to us at the time such estimates are made and our expectations of future operations and economic conditions. Should the estimates or expectations used in determining estimated fair value deteriorate in the future, we may be required to recognize additional impairment charges and write-offs related to current and future communities and such amounts could be material. Variable Interest Entities We are required to consolidate variable interest entities (“VIEs”) in which we have a controlling financial interest in accordance with ASC 810, “Consolidation” (“ASC 810”). A controlling financial interest will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance, and (ii) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. Our variable interest in VIEs may be in the form of equity ownership, contracts to purchase assets, management services and development agreements between us and a VIE, loans provided by us to a VIE or other member, and/or guarantees provided by members to banks and other parties. We have a significant number of land purchase contracts and financial interests in other entities which we evaluate in accordance with ASC 810. We analyze our land purchase contracts and the entities in which we have an investment to determine whether the land sellers and entities are VIEs and, if so, whether we are the primary beneficiary. We examine specific criteria and use our judgment when determining if we are the primary beneficiary of a VIE. Factors considered in determining whether we are the primary beneficiary include risk and reward sharing, experience and financial condition of other member(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE’s executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality between us and the other member(s), and contracts to purchase assets from VIEs. The determination whether an entity is a VIE and, if so, whether we are the primary beneficiary may require significant judgment. Property, Construction, and Office Equipment Property, construction, and office equipment are recorded at cost and are stated net of accumulated depreciation of $310.5 million and $285.7 million at October 31, 2024 and 2023, respectively. For property and equipment related to onsite sales centers, depreciation is recorded using the units of production method as homes are delivered. For all other property and equipment, depreciation is recorded using a straight-line method over the estimated useful lives of the related assets. In fiscal 2024, 2023, and 2022, we recognized $80.9 million, $75.5 million, and $75.9 million of depreciation expense, respectively. Mortgage Loans Held for Sale Residential mortgage loans held for sale are measured at fair value in accordance with the provisions of ASC 825, “Financial Instruments” (“ASC 825”). We believe the use of ASC 825 improves consistency of mortgage loan valuations between the date the borrower locks in the interest rate on the pending mortgage loan and the date of the mortgage loan sale. At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date, and such pricing is applied to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the change in fair value of our forward loan commitments as a gain or loss. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan. In addition, net origination costs and fees associated with residential mortgage loans originated are expensed as incurred. These gains and losses, interest income, and origination costs and fees are recognized in “Other income – net” in the Consolidated Statements of Operations and Comprehensive Income. Investments in Unconsolidated Entities We have investments in a number of unconsolidated entities, including joint ventures, with independent third parties. Investments in 50% or less owned partnerships and affiliates are accounted for using the equity method unless it is determined that we have effective control of the entity, in which case we would consolidate the entity. Under the equity method of accounting, we recognize our proportionate share of the earnings and losses of these entities. Additionally, we track cumulative earnings and distributions from our investments in unconsolidated entities. For cash flow classification, to the extent distributions do not exceed cumulative earnings, we designate such distributions as return on capital and reflected in the operating section of our Consolidated Statements of Cash Flows. Distributions in excess of cumulative earnings are treated as return of capital and reflected in the investing section of our Consolidated Statements of Cash Flows. In accordance with ASC 323, “Investments—Equity Method and Joint Ventures,” we review each of our investments on a quarterly basis for indicators of impairment. A series of net operating losses of an investee, the inability to recover our invested capital, or other factors may indicate that a loss in value of our investment in the unconsolidated entity has occurred. If a loss exists, we further review the investment to determine if the loss is other than temporary, in which case we write down the investment to its estimated fair value. The evaluation of our investment in unconsolidated entities, other than those that own rental properties, entails a detailed cash flow analysis using many estimates, including, but not limited to, expected sales pace, expected sales prices, expected incentives, costs incurred and anticipated, sufficiency of financing and capital, competition, market conditions, and anticipated cash receipts, in order to determine projected future distributions from the unconsolidated entity. In addition, for investments in rental properties, we review rental trends, expected future expenses, and expected cash flows to determine estimated fair values of the properties. Our unconsolidated entities that develop land or develop for-sale homes and condominiums evaluate their inventory in a similar manner as we do. See “Inventory” above for more detailed disclosure on our evaluation of inventory. For our unconsolidated entities that own, develop, and manage for-rent residential apartments, we review rental trends, expected future expenses, and expected future cash flows to determine estimated fair values of the underlying properties. If a valuation adjustment is recorded by an unconsolidated entity related to its assets, our proportionate share is reflected in income from unconsolidated entities with a corresponding decrease to our investment in unconsolidated entities. We are a party to several joint ventures with unrelated parties to develop and sell land that is owned by the joint ventures. We recognize our proportionate share of the earnings from the sale of home sites to other builders, including our joint venture partners. We do not recognize earnings from the home sites we purchase from these ventures at the time of purchase; instead, our cost basis in those home sites is reduced by our share of the earnings realized by the joint venture from sales of those home sites to us. Fair Value Disclosures We use ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), to measure the fair value of certain assets and liabilities. ASC 820 provides a framework for measuring fair value in accordance with GAAP, establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, and requires certain disclosures about fair value measurements. The fair value hierarchy is summarized below: Level 1: Fair value determined based on quoted prices in active markets for identical assets or liabilities. Level 2: Fair value determined using significant observable inputs, generally either quoted prices in active markets for similar assets or liabilities or quoted prices in markets that are not active. Level 3: Fair value determined using significant unobservable inputs, such as pricing models, discounted cash flows, or similar techniques. Derivative Instruments and Hedging Activities Our objective in entering into derivative transactions is to manage our exposure to interest rate movements associated with certain variable rate debt, mortgage loans held for sale, interest rate lock commitments, and forward loan commitments we have entered into related to our mortgage operations. We recognize derivatives as either assets or liabilities on the balance sheet and measure those instruments at fair value. We have entered into interest rate swaps related to a portion of our variable rate debt. These derivative transactions are designated as cash flow hedges. The entire change in the fair value of these derivative transactions included in the assessment of hedge effectiveness is initially reported in Accumulated other comprehensive income (loss) and subsequently reclassified to home sales cost of revenues in the accompanying Consolidated Statements of Operations and Comprehensive Income when the hedged transaction affects earnings. If it is determined that a derivative is not highly effective as a hedge, or if the hedged forecasted transaction is no longer probable of occurring, the amount recognized in Accumulated other comprehensive income (loss) is released to earnings. Our derivative transactions related to our mortgage loans held for sale, interest rate lock commitments, and our forward loan commitments are not designated as hedges and therefore the entire change in the fair value of these derivative transactions is included as a gain or loss in Other income – net in the accompanying Consolidated Statements of Operations and Comprehensive Income. See Note 12 “Fair Value Disclosures” for more information. Treasury Stock Treasury stock is recorded at cost. Issuance of treasury stock is accounted for on a first-in, first-out basis. Differences between the cost of treasury stock and the re-issuance proceeds are charged to additional paid-in capital. When treasury stock is cancelled, any excess purchase price over par value is charged directly to retained earnings. In fiscal 2023, we cancelled 15 million shares of treasury stock. No treasury stock was cancelled in fiscal 2024 and 2022. Revenue and Cost Recognition Home sales revenues: Revenues and cost of revenues from home sales are recognized at the time each home is delivered and title and possession are transferred to the buyer. For the majority of our home closings, our performance obligation to deliver a home is satisfied in less than one year from the date a binding sale agreement is signed. In certain states where we build, we may not be able to complete certain outdoor features prior to the closing of the home. To the extent these separate performance obligations are not complete upon the home closing, we defer the portion of the home sales revenues related to these obligations and subsequently recognize the revenue upon completion of such obligations. As of October 31, 2024, the home sales revenues and related costs we deferred related to these obligations were immaterial. Our contract liabilities, consisting of deposits received from customers for sold but undelivered homes, totaled $488.7 million and $540.7 million at October 31, 2024 and October 31, 2023, respectively. Of the outstanding customer deposits held as of October 31, 2023, we recognized $476.5 million in home sales revenues during the fiscal year ended October 31, 2024. Of the outstanding customer deposits held as of October 31, 2022, we recognized $542.0 million in home sales revenues during the fiscal year ended October 31, 2023. For our standard attached and detached homes, land, land development, and related costs, both incurred and estimated to be incurred in the future, are amortized to the cost of homes closed based upon the total number of homes to be constructed in each community. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated land, land development, and related costs subsequent to the commencement of delivery of homes are allocated to the remaining undelivered homes in the community. Home construction and related costs are charged to the cost of homes closed under the specific identification method. The estimated land, common area development, and related costs of master-planned communities, including the cost of golf courses, net of their estimated residual value, are allocated to individual communities within a master-planned community on a relative sales value basis. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs are allocated to the remaining home sites in each of the communities of the master-planned community. For high-rise/mid-rise projects, land, land development, construction, and related costs, both incurred and estimated to be incurred in the future, are generally amortized to the cost of units closed based upon an estimated relative sales value of the units closed to the total estimated sales value. Any changes resulting from a change in the estimated total costs or revenues of the project are allocated to the remaining units to be delivered. Land sales and other revenues: Our revenues from land sales and other generally consist of: (1) land sales to joint ventures in which we retain an interest; (2) lot sales to third-party builders within our master-planned communities; (3) bulk land sales to third parties of land we have decided no longer meets our development criteria; (4) sales of land parcels to third parties (typically because there is a superior economic use of the property); and (5) sales of commercial and retail properties generally located at our high-rise urban luxury condominium projects. In general, our performance obligation for each of these land sales is fulfilled upon the delivery of the land, which generally coincides with the receipt of cash consideration from the counterparty. For land sale transactions that contain repurchase options, revenues and related costs are not recognized until the repurchase option expires. In addition, when we sell land to a joint venture in which we retain an interest, we do not recognize revenue or gains on the sale to the extent of our retained interest in such joint venture. In fiscal 2024, we sold a parcel of land to a commercial developer for net cash proceeds of $180.7 million , which resulted in a pre-tax gain of $175.2 million during the year ended October 31, 2024. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Home sales revenues” in our Consolidated Statements of Operations and Comprehensive Income in the period in which the customer defaults on or cancels the contract and we determine that we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we may offer our home buyers sales incentives. These incentives will vary by type of incentive and by amount on a community-by-community and home-by-home basis. Incentives are reflected as a reduction in home sales revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds. Advertising Costs Advertising costs are expensed as incurred. Advertising costs, including brochures and signage, were $63.1 million, $49.6 million, and $42.5 million for the years ended October 31, 2024, 2023, and 2022, respectively. Warranty and Self-Insurance Warranty: We provide all of our home buyers with a limited warranty as to workmanship and mechanical equipment. We also provide many of our home buyers with a limited 10-year warranty as to structural integrity. We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical 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. Self-Insurance: We maintain, and require the majority of our subcontractors to maintain, general liability insurance (including construction defect and bodily injury coverage) and workers’ compensation insurance. These insurance policies protect us against a portion of our risk of loss from claims related to our home building activities, subject to certain self-insured retentions, deductibles and other coverage limits (“self-insured liability”). We also provide general liability insurance for our subcontractors in Arizona, California, Colorado, Nevada, Washington, and certain areas of Texas, where eligible subcontractors are enrolled as insureds under our general liability insurance policies in each community in which they perform work. For those enrolled subcontractors, we absorb their general liability associated with the work performed on our homes within the applicable community as part of our overall general liability insurance and our self-insured liability. We record expenses and liabilities based on the estimated costs required to cover our self-insured liability and the estimated costs of potential claims and claim adjustment expenses that are above our coverage limits or that are not covered by our insurance policies. These estimated costs are based on an analysis of our historical claims and industry data, and include an estimate of claims incurred but not yet reported (“IBNR”). We engage a third-party actuary that uses our historical claim and expense data, input from our internal legal and risk management groups, as well as industry data, to estimate our liabilities, on an undiscounted basis, related to unpaid claims, IBNR associated with the risks that we are assuming for our self-insured liability, and other required costs to administer current and expected claims. These estimates are subject to uncertainty due to a variety of factors, the most significant being the long period of time between the delivery of a home to a home buyer and when a structural warranty or construction defect claim may be made, and the ultimate resolution of the claim. Though state regulations vary, construction defect claims may be reported and resolved over a prolonged period of time, which can extend for 10 years or longer. As a result, the majority of the estimated liability relates to IBNR. Adjustments to our liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs. The projection of losses related to these liabilities requires actuarial assumptions that are subject to variability due to uncertainties regarding construction defect claims relative to our markets and the types of product we build, insurance industry practices, and legal or regulatory actions and/or interpretations, among other factors. Key assumptions used in these estimates include claim frequencies, severity, and settlement patterns, which can occur over an extended period of time. In addition, changes in the frequency and severity of reported claims and the estimates to settle claims can impact the trends and assumptions used in the actuarial analysis, which could be material to our consolidated financial statements. Due to the degree of judgment required, and the potential for variability in these underlying assumptions, our actual future costs could differ from those estimated, and the difference could be material to our consolidated financial statements. Stock-Based Compensation We measure compensation cost for share-based compensation on the grant date. Fair value for restricted stock units is determined based on the quoted price of our common shares on the New York Stock Exchange on the grant date, adjusted for post-vesting restrictions applicable to retirement eligible participants. We used a lattice model for the valuation of our stock option grants. The option pricing models used are designed to estimate the value of options that, unlike employee stock options and restricted stock units, can be traded at any time and are transferable. In addition to restrictions on trading, employee stock options and restricted stock units may include other restrictions such as vesting periods. Further, such models require the input of highly subjective assumptions, including the expected volatility of the stock price. We recognize compensation expense ratably over the shorter of the vesting period or the period between the grant date and the time the award becomes nonforfeitable by the participant. For shared-based awards containing performance conditions, we estimate the fair value of the award by evaluating the performance conditions quarterly and estimating the number of shares underlying award that are probable of being issued. Based on this estimate, we recognize compensation expense ratably over the vesting period. We record cumulative adjustments in the period in which estimates change. Stock-based compensation expense is generally included in “Selling, general and administrative” expense in our Consolidated Statements of Operations and Comprehensive Income. We recognize forfeitures of stock-based awards as a reduction to compensation expense in the period in which they occur. Legal Expenses Transactional legal expenses for land acquisition and entitlement, and financing are capitalized and expensed over their appropriate life. We expense legal fees related to litigation, warranty and insurance claims when incurred. Income Taxes Deferred tax assets and liabilities are recorded based on temporary differences between the amounts reported for financial reporting purposes and the amounts reported for income tax purposes. A valuation allowance must be established when, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. See “Income Taxes – Valuation Allowance” below. Federal and state income taxes are calculated on reported pre-tax earnings based on current tax law and also include, in the applicable period, the cumulative effect of any changes in tax rates from those used previously in determining deferred tax assets and liabilities. Such provisions differ from the amounts currently receivable or payable because certain items of income and expense are recognized for financial reporting purposes in different periods than for income tax purposes. Significant judgment is required in determining income tax provisions and evaluating tax positions. ASC 740, “Income Taxes” (“ASC 740”) clarifies the accounting for uncertainty in income taxes recognized and prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 requires a company to recognize the financial statement effect of a tax position when it is “more-likely-than-not” (defined as a substantiated likelihood of more than 50%), based on the technical merits of the position, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to be recognized in the financial statements based upon the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Our inability to determine that a tax position meets the more-likely-than-not recognition threshold does not mean that the Internal Revenue Service (“IRS”) or any other taxing authority will disagree with the position that we have taken. If a tax position does not meet the more-likely-than-not recognition threshold, despite our belief that our filing position is supportable, the benefit of that tax position is not recognized in the Consolidated Statements of Operations and Comprehensive Income and we are required to accrue potential interest and penalties until the uncertainty is resolved. Potential interest and penalties are recognized as a component of the provision for income taxes. Differences between amounts taken in a tax return and amounts recognized in the financial statements are considered unrecognized tax benefits. We believe that we have a reasonable basis for each of our filing positions and intend to defend those positions if challenged by the IRS or other taxing jurisdictions. If the IRS or other taxing authorities do not disagree with our position, and after the statute of limitations expires, we will recognize the unrecognized tax benefit in the period that the uncertainty of the tax position is eliminated. Income Taxes — Valuation Allowance We assess the need for valuation allowances for deferred tax assets in each period based on whether it is more-likely-than-not that some portion of the deferred tax asset would not be realized. If, based on the available evidence, it is more-likely-than-not that such asset will not be realized, a valuation allowance is established against a

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Oct. 31, 2024
Business Combinations [Abstract]
Acquisition	Acquisition In fiscal 2022, we acquired substantially all of the assets and operations of a privately-held home builder with operations in San Antonio, Texas for approximately $48.1 million in cash. The assets acquired, which consisted of 16 communities, were primarily inventory, including approximately 450 home sites owned or controlled through land purchase agreements. This acquisition was accounted for as an asset acquisition and was not material to our results of operations or financial condition.

Inventory

Inventory	12 Months Ended
Inventory	Oct. 31, 2024
Inventory Disclosure [Abstract]
Inventory	Inventory Major components of inventory at October 31, 2024 and 2023 consisted of the following (amounts in thousands): October 31, 2024 October 31, 2023 Land deposits and costs of future communities $ 620,040 $ 549,035 Land and land development costs 2,532,221 2,631,147 Land and land development costs associated with homes under construction 3,617,266 2,916,334 Total land and land development costs 6,769,527 6,096,516 Homes under construction 2,458,541 2,515,484 Model homes (1) 484,857 445,578 $ 9,712,925 $ 9,057,578 (1) Includes the allocated land and land development costs associated with each of our model homes in operation. The following table provides a summary of the composition of our inventory based on community status at October 31, 2024 and October 31, 2023 (amounts in thousands): October 31, 2024 October 31, Land controlled for future communities $ 200,166 $ 173,175 Land owned for future communities 353,030 663,413 Operating communities 9,159,729 8,220,990 $ 9,712,925 $ 9,057,578 Operating communities include communities offering homes for sale; communities that have sold all available home sites but have not completed delivery of the homes; and communities preparing to open for sale. The carrying value attributable to operating communities includes the cost of homes under construction, land and land development costs, the carrying cost of home sites in current and future phases of these communities, and the carrying cost of model homes. Backlog consists of homes under contract but not yet delivered to our home buyers (“backlog”). The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable, included in home sales cost of revenues, in each of the three fiscal years ended October 31, 2024, 2023, and 2022, are shown in the table below (amounts in thousands): 2024 2023 2022 Land controlled for future communities $ 6,676 $ 10,712 $ 13,051 Land owned for future communities — 1,493 19,690 Operating communities 52,765 18,501 — $ 59,441 $ 30,706 $ 32,741 We have also recognized $4.4 million, $30.6 million, and $6.8 million of impairment charges on land held for sale included in land sales and other cost of revenues during the fiscal years ended October 31, 2024, 2023, and 2022, respectively. See Note 14, “Commitments and Contingencies,” for information regarding land purchase contracts. At October 31, 2024, we evaluated our land purchase contracts, including those to acquire land for apartment developments, to determine whether any of the selling entities were VIEs and, if they were, whether we were the primary beneficiary of any of them. Under these land purchase contracts, we do not possess legal title to the land; our maximum exposure to loss is generally limited to deposits paid to the sellers and predevelopment costs incurred; and the creditors of the sellers generally have no recourse against us. At October 31, 2024, we determined that 297 land purchase contracts, with an aggregate purchase price of $5.59 billion, on which we had made aggregate deposits totaling $522.1 million, were VIEs, but that we were not the primary beneficiary of any VIE related to such land purchase contracts. At October 31, 2023, we determined that 251 land purchase contracts, with an aggregate purchase price of $3.79 billion, on which we had made aggregate deposits totaling $421.4 million, were VIEs, but that we were not the primary beneficiary of any VIE related to such land purchase contracts. See Note 7, “Accrued Expenses,” for information regarding liabilities related to consolidated inventory not owned. Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2024, 2023, and 2022, was as follows (amounts in thousands): 2024 2023 2022 Interest capitalized, beginning of year $ 190,550 $ 209,468 $ 253,938 Interest incurred 128,743 140,426 135,029 Interest expensed to home sales cost of revenues (128,962) (139,410) (164,831) Interest expensed to land sales and other cost of revenues (3,142) (10,787) (5,788) Interest capitalized on investments in unconsolidated entities (8,404) (9,783) (6,699) Previously capitalized interest transferred to investments in unconsolidated entities — (244) (2,412) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 1,012 880 231 Interest capitalized, end of year $ 179,797 $ 190,550 $ 209,468

Investments in Unconsolidated E

Investments in Unconsolidated Entities	12 Months Ended
Investments in Unconsolidated Entities	Oct. 31, 2024
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Equity Method Investments and Joint Ventures Disclosure	Investments in Unconsolidated Entities We have investments in various unconsolidated entities and our ownership interest in these investments range from 2.5% to 50%. These entities are structured as joint ventures and either (i) develop land for the joint venture participants and for sale to outside builders (“Land Development Joint Ventures”); (ii) develop for-sale homes (“Home Building Joint Ventures”); or (iii) develop luxury for-rent residential apartments and single family homes, commercial space, and a hotel (“Rental Property Joint Ventures”). The table below provides information as of October 31, 2024, regarding active joint ventures that we were invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Other Total Number of unconsolidated entities 16 2 40 2 60 Investment in unconsolidated entities (1) $ 388,550 $ 58,403 $ 549,195 $ 11,269 $ 1,007,417 Number of unconsolidated entities with funding commitments by the Company 6 — 20 1 27 Company’s remaining funding commitment to unconsolidated entities (2) $ 242,966 $ — $ 65,444 $ 4,427 $ 312,837 (1) Our total investment includes $158.0 million related to eight unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $369.8 million as of October 31, 2024, inclusive of our investment in these joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $109.6 million related to our unconsolidated joint venture-related variable interests in VIEs. The table below provides information as of October 31, 2023, regarding active joint ventures that we were invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Other Total Number of unconsolidated entities 16 2 43 3 64 Investment in unconsolidated entities (1) $ 351,154 $ 65,285 $ 531,823 $ 10,779 $ 959,041 Number of unconsolidated entities with funding commitments by the Company 9 — 19 1 29 Company’s remaining funding commitment to unconsolidated entities (2) $ 204,438 $ — $ 184,266 $ 12,066 $ 400,770 (1) Our total investment includes $121.6 million related to 11 unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $329.3 million as of October 31, 2023, inclusive of our investment in joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $105.4 million related to our unconsolidated joint venture-related variable interests in VIEs. Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2024, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 11 1 38 50 Aggregate loan commitments $ 639,589 $ 98,150 $ 3,538,148 $ 4,275,887 Amounts borrowed under commitments $ 381,614 $ 47,903 $ 2,751,201 $ 3,180,718 The table below provides information at October 31, 2023, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 12 2 42 56 Aggregate loan commitments $ 610,758 $ 219,650 $ 3,731,847 $ 4,562,255 Amounts borrowed under commitments $ 445,506 $ 135,723 $ 2,152,872 $ 2,734,101 More specific and/or recent information regarding our investments in and future commitments to these entities is provided below. New Joint Ventures The table below provides information on joint ventures entered into during fiscal 2024 ($ amounts in thousands): Land Development Joint Ventures Number of unconsolidated joint ventures entered into during the period 1 Investment balance at October 31, 2024 $ 17,956 The table below provides information on joint ventures entered into during fiscal 2023 ($ amounts in thousands): Land Development Joint Ventures Rental Property Joint Ventures Number of unconsolidated joint ventures entered into during the period 1 5 Investment balance at October 31, 2023 $ 14,867 $ 59,567 Number of consolidated joint ventures entered into during the period — 1 Carrying value of consolidated joint ventures’ assets at October 31, 2023 $ — $ 10,600 Noncontrolling interests in consolidated joint ventures at October 31, 2023 $ — $ 2,700 Results of Operations and Intra-entity Transactions From time to time, certain of our rental property joint ventures sell assets to unrelated parties. In fiscal 2024, 2023 and 2022, certain of our Rental Property Joint Ventures sold their underlying assets and we recognized our proportionate share of the gains of $24.1 million, $50.9 million, and $21.0 million, respectively, which is included in “(Loss) income from unconsolidated entities” in our Consolidated Statements of Operations and Comprehensive Income. In fiscal 2023, we sold our ownership interest in one of our Rental Property Joint Ventures and recognized a gain of $16.0 million, which is included in “Income from unconsolidated entities” in our Consolidated Statements of Operations and Comprehensive Income. No similar gains were recognized in fiscal 2024 or 2022. In fiscal 2024, and 2022, we recognized other-than-temporary impairment charges on our investments in certain Rental Property Joint Ventures of $6.6 million and $8.0 million, respectively. No similar impairments were recognized in fiscal 2023. In fiscal 2024, 2023 and 2022, we purchased land from unconsolidated entities, principally related to our acquisition of lots from our Land Development Joint Ventures, totaling $139.2 million, $110.7 million, and $54.8 million, respectively. Our share of income from the lots we acquired was insignificant in each period. In our normal course of business, we may contribute land to certain of our joint ventures in exchange for an ownership interest. In fiscal 2023 and 2022, we sold land to unconsolidated entities, which principally involved land sales to our Home Building and Rental Property Joint Ventures, totaling $44.2 million and $434.2 million, respectively. These amounts are included in “Land sales and other revenue” on our Consolidated Statements of Operations and Comprehensive Income and are generally sold at or near our land basis. No similar land sales to unconsolidated entities occurred in fiscal 2024. At October 31, 2024 and 2023, we had receivables due from joint ventures totaling $9.8 million and $12.6 million, respectively, primarily related to amounts we funded on behalf of our partners that had not yet been reimbursed and amounts due to us for management fees earned. Guarantees The unconsolidated entities in which we have investments generally finance their activities with a combination of partner equity and debt financing. In some instances, we have guaranteed portions of debt of unconsolidated entities. These guarantees may include any or all of the following: (i) project completion guarantees, including any cost overruns; (ii) repayment guarantees, generally covering a percentage of the outstanding loan; (iii) carry cost guarantees, which cover costs such as interest, real estate taxes, and insurance; (iv) an environmental indemnity provided to the lender that holds the lender harmless from and against losses arising from the discharge of hazardous materials from the property and non-compliance with applicable environmental laws; and (v) indemnification of the lender from “bad boy acts” of the unconsolidated entity. In some instances, we and our joint venture partner have provided joint and several guarantees in connection with loans to unconsolidated entities. In these situations, we generally seek to implement a reimbursement agreement with our partner that provides that neither party is responsible for more than its proportionate share or agreed upon share of the guarantee; however, we are not always successful. In addition, if the joint venture partner does not have adequate financial resources to meet its obligations under such a reimbursement agreement, we may be liable for more than our proportionate share. We believe that, as of October 31, 2024, in the event we become legally obligated to perform under a guarantee of an obligation of an unconsolidated entity due to a triggering event, the collateral in such entity should be sufficient to repay all or a significant portion of the obligation. If it is not, we and our partners would need to contribute additional capital to the venture. Information with respect to certain of the Company’s unconsolidated entities’ outstanding debt obligations, loan commitments and our guarantees thereon are as follows ($ amounts in thousands): October 31, 2024 October 31, 2023 Loan commitments in the aggregate $ 3,031,500 $ 3,341,700 Our maximum estimated exposure under repayment and carry cost guarantees if the full amount of the debt obligations were borrowed (1) $ 646,900 $ 688,000 Debt obligations borrowed in the aggregate $ 2,204,300 $ 1,643,600 Our maximum estimated exposure under repayment and carry cost guarantees of the debt obligations borrowed $ 560,400 $ 544,100 Estimated fair value of guarantees provided by us related to debt and other obligations $ 17,400 $ 19,500 Terms of guarantees 1 month - 3.0 years 1 month - 4.0 years (1) At October 31, 2024 and 2023, our maximum estimated exposure under repayment and carry cost guarantees includes approximately $102.3 million, related to our unconsolidated joint venture VIEs. The maximum exposure estimates presented above do not take into account any recoveries from the underlying collateral or any reimbursement from our partners nor do they include any potential exposures related to project completion guarantees or the indemnities noted above, which are not estimable. We have not made payments under any of the outstanding guarantees, nor have we been called upon to do so. Variable Interest Entities We have both unconsolidated and consolidated joint venture-related variable interests in VIEs. Information regarding our involvement in unconsolidated joint-venture related variable interests in VIEs has been disclosed throughout information presented above. The table below provides information as of October 31, 2024 and October 31, 2023, regarding our consolidated joint venture-related variable interests in VIEs ($ amounts in thousands): Balance Sheet Classification October 31, 2024 October 31, 2023 Number of Joint Venture VIEs that the Company is the primary beneficiary and consolidates 5 5 Carrying value of consolidated VIEs assets Receivables, prepaid expenses and other assets and Investments in unconsolidated entities $ 105,300 $ 89,600 Our partners’ interests in consolidated VIEs Noncontrolling interest $ 9,800 $ 10,200 Our ownership interest in the above consolidated Joint Venture VIEs ranges from 75% to 98%. The income/losses generated from such joint ventures were not material. As shown above, we are the primary beneficiary of certain VIEs due to our controlling financial interest in such ventures as we have the power to direct the activities that most significantly impact the joint ventures’ performance and the obligation to absorb expected losses or receive benefits from the joint ventures. The assets of these VIEs can only be used to settle the obligations of the VIEs. In addition, in certain of the joint ventures, in the event additional contributions are required to be funded to the joint ventures prior to the admission of any additional investor at a future date, we will fund 100% of such contributions, including our partner’s pro rata share, which we expect would be funded through an interest-bearing loan. For other VIEs, we are not the primary beneficiary because the power to direct the activities of such VIEs that most significantly impact their performance was either shared by us and such VIEs’ other partners or such activities were controlled by our partner. For VIEs where the power to direct significant activities is shared, business plans, budgets, and other major decisions are required to be unanimously approved by all partners. Management and other fees earned by us are nominal and believed to be at market rates, and there is no significant economic disproportionality between us and other partners. Joint Venture Condensed Combined Financial Information The Condensed Combined Balance Sheets, as of the dates indicated, and the Condensed Combined Statements of Operations, for the periods indicated, for the unconsolidated entities in which we have an investment, aggregated by type, are included below (in thousands). Condensed Combined Balance Sheets: October 31, 2024 Land Develop- Home Rental Property Joint Ventures Other Total Cash and cash equivalents $ 111,910 $ 34,187 $ 58,925 $ 942 $ 205,964 Inventory 1,082,597 128,913 — 27,164 1,238,674 Loan receivables, net — — — 26,171 26,171 Rental properties — — 2,916,210 — 2,916,210 Rental properties under development — — 1,544,266 — 1,544,266 Other assets 305,844 25,615 203,276 976 535,711 Total assets $ 1,500,351 $ 188,715 $ 4,722,677 $ 55,253 $ 6,466,996 Debt, net of deferred financing costs $ 379,829 $ 47,580 $ 2,735,319 $ — $ 3,162,728 Other liabilities 189,767 12,028 299,201 14,497 515,493 Members’ equity 930,755 129,107 1,688,157 40,756 2,788,775 Total liabilities and equity $ 1,500,351 $ 188,715 $ 4,722,677 $ 55,253 $ 6,466,996 Company’s net investment in unconsolidated entities (1) $ 388,550 $ 58,403 $ 549,195 $ 11,269 $ 1,007,417 October 31, 2023 Land Develop- Home Rental Property Joint Ventures Other Total Cash and cash equivalents $ 83,330 $ 14,124 $ 62,734 $ 1,086 $ 161,274 Inventory 1,112,382 277,438 — 35,325 1,425,145 Loan receivables, net — — — 17,024 17,024 Rental properties — — 1,907,604 — 1,907,604 Rental properties under development — — 1,804,664 — 1,804,664 Other assets 210,831 15,961 157,481 924 385,197 Total assets $ 1,406,543 $ 307,523 $ 3,932,483 $ 54,359 $ 5,700,908 Debt, net of deferred financing costs $ 445,123 $ 134,427 $ 2,132,436 $ — $ 2,711,986 Other liabilities 131,798 32,625 312,691 21,752 498,866 Members’ equity 829,622 140,471 1,487,356 32,607 2,490,056 Total liabilities and equity $ 1,406,543 $ 307,523 $ 3,932,483 $ 54,359 $ 5,700,908 Company’s net investment in unconsolidated entities (1) $ 351,154 $ 65,285 $ 531,823 $ 10,779 $ 959,041 (1) Our underlying equity in the net assets of the unconsolidated entities was more than our net investment in unconsolidated entities by $3.0 million and $40.9 million as of October 31, 2024 and 2023, respectively, and these differences are primarily a result of interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; distributions from entities in excess of the carrying amount of our net investment; unrealized gains on our retained joint venture interests; other than temporary impairments we have recognized; and gains recognized from the sale of our ownership interests. Condensed Combined Statements of Operations and Comprehensive Income: For the year ended October 31, 2024 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 269,545 $ 252,415 $ 273,353 $ 57,663 $ 852,976 Cost of revenues 200,939 193,533 120,787 51,054 566,313 Other expenses 11,943 11,990 269,785 1,368 295,086 Total expenses 212,882 205,523 390,572 52,422 861,399 Income (loss) from operations 56,663 46,892 (117,219) 5,241 (8,423) Other income (loss) (2) 9,478 (176) 162,885 3,026 175,213 Income before income taxes 66,141 46,716 45,666 8,267 166,790 Income tax provision 268 37 291 — 596 Net income $ 65,873 $ 46,679 $ 45,375 $ 8,267 $ 166,194 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 10,724 $ (6,324) $ (30,339) $ 2,096 $ (23,843) For the year ended October 31, 2023 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 240,365 $ 38,124 $ 238,651 $ 28,221 $ 545,361 Cost of revenues 196,924 26,583 85,328 21,031 329,866 Other expenses 13,261 7,201 233,734 1,053 255,249 Total expenses 210,185 33,784 319,062 22,084 585,115 Income (loss) from operations 30,180 4,340 (80,411) 6,137 (39,754) Other income (2) 2,500 205 102,865 241 105,811 Income before income taxes 32,680 4,545 22,454 6,378 66,057 Income tax provision (benefit) 214 367 (940) — (359) Net income $ 32,466 $ 4,178 $ 23,394 $ 6,378 $ 66,416 Company’s equity in earnings of unconsolidated entities (3) $ 13,178 $ 972 $ 34,327 $ 1,621 $ 50,098 For the year ended October 31, 2022 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 207,179 $ 60,902 $ 192,901 $ 37,705 $ 498,687 Cost of revenues 172,921 45,087 65,387 26,229 309,624 Other expenses 8,911 4,717 165,447 1,436 180,511 Total expenses 181,832 49,804 230,834 27,665 490,135 Loss on disposition of loans and REO — — — (113) (113) Income (loss) from operations 25,347 11,098 (37,933) 9,927 8,439 Other income (2) 23,292 804 36,805 — 60,901 Income (loss) before income taxes 48,639 11,902 (1,128) 9,927 69,340 Income tax provision (benefit) 348 508 (607) — 249 Net income (loss) 48,291 11,394 (521) 9,927 69,091 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 20,402 $ 1,068 $ (335) $ 2,588 $ 23,723 (2) Other income generated by Rental Property Joint Ventures for the years ending October 31, 2024, 2023, and 2022 include gains of $176.1 million, $106.2 million, and $29.9 million related to the sale of assets by multiple Rental Property Joint Ventures. (3) Differences between our income (loss) from unconsolidated entities and our percentage interest in the underlying net income (loss) of the entities are primarily a result of distributions from entities in excess of the carrying amount of our investment; promote earned on the gains recognized by join ventures and those promoted cash flows being distributed; other than temporary impairments we have recognized; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; gains recognized from the sale of our investment to our joint venture partner; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.

Receivables, Prepaid Expenses a

Receivables, Prepaid Expenses and Other Assets	12 Months Ended
Receivables, Prepaid Expenses and Other Assets	Oct. 31, 2024
Receivables, prepaid expenses and other assets [Abstract]
Receivables, prepaid expenses and other assets [Text Block]	5. Receivables, Prepaid Expenses, and Other Assets Receivables, prepaid expenses, and other assets at October 31, 2024 and 2023, consisted of the following (amounts in thousands): 2024 2023 Expected recoveries from insurance carriers and others $ 109,569 $ 94,987 Improvement cost receivable 41,173 40,992 Escrow cash held by our wholly owned captive title company 62,048 44,273 Properties held for rental apartment and commercial development 116,802 225,261 Prepaid expenses 40,432 43,763 Right-of-use asset 108,311 102,787 Derivative assets 18,398 41,612 Other 93,878 97,581 $ 590,611 $ 691,256

Loans Payable, Senior Notes, an

Loans Payable, Senior Notes, and Mortgage Company Loan Facility	12 Months Ended
	Oct. 31, 2024
Debt Disclosure [Abstract]
Loans Payable, Senior Notes, and Mortgage Company Warehouse Loan	Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable At October 31, 2024 and 2023, loans payable consisted of the following (amounts in thousands): 2024 2023 Senior unsecured term loan $ 650,000 $ 650,000 Loans payable – other 437,969 517,378 Deferred issuance costs (2,152) (3,154) $ 1,085,817 $ 1,164,224 Senior Unsecured Term Loan We are party to a $650.0 million senior unsecured term loan facility (the “Term Loan Facility”) with a syndicate of banks of which $487.5 million matures February 14, 2028, $101.6 million matures on November 1, 2025 and the remaining $60.9 million matures on November 1, 2026. There are no payments required before these stated maturity dates. Under the Term Loan Facility, we may select interest rates equal to (i) SOFR plus an applicable margin, (ii) the base rate (as defined in the agreement) plus an applicable margin, or (iii) the federal funds/Euro rate (as defined in the agreement) plus an applicable margin, in each case, based on our leverage ratio. At October 31, 2024, the interest rate on the Term Loan Facility was 5.73% per annum. Toll Brothers, Inc. and substantially all of its 100%-owned home building subsidiaries are guarantors under the Term Loan Facility. The Term Loan Facility contains substantially the same financial covenants as the Revolving Credit Facility described below. In November 2020, we entered into five interest rate swap transactions to hedge $400.0 million of the Term Loan Facility through October 2025. The interest rate swaps effectively fix the interest cost on the $400.0 million at 0.369% plus the spread set forth in the pricing schedule in the Term Loan Facility, which was 0.90% as of October 31, 2024. These interest rate swaps were designated as cash flow hedges. Revolving Credit Facility At October 31, 2024, we had a $1.955 billion senior unsecured revolving credit facility (the “Revolving Credit Facility”) with a syndicate of banks that is scheduled to mature on February 14, 2028. The Revolving Credit Facility provides us with a committed borrowing capacity of $1.955 billion, which we have the ability to increase up to $3.00 billion with the consent of lenders. Under the Revolving Credit Facility, up to 100% of the commitment is available for letters of credit. Toll Brothers, Inc. and substantially all of its 100%-owned home building subsidiaries are guarantors of the borrower’s obligations under the Revolving Credit Facility. Both our Revolving Credit Facility and Term Loan Facility require us to maintain certain financial covenants, which include not exceeding a defined maximum leverage ratio and maintaining a minimum tangible net worth. In addition, our ability to repurchase our common stock and pay cash dividends is limited by these agreements. However, during fiscal 2024, these limitations did not meaningfully restrict the amount of cash dividends paid or stock repurchased. We were in compliance with all covenants and requirements as of October 31, 2024. At October 31, 2024, we had no outstanding borrowings under the Revolving Credit Facility and had outstanding letters of credit of $180.0 million. At October 31, 2024, the interest rate on outstanding borrowings under the Revolving Credit Facility would have been 6.03% per annum. Loans Payable – Other “Loans payable – other” primarily represent purchase money mortgages on properties we acquired that the seller had financed, project-level financing, and various revenue bonds that were issued by government entities on our behalf to finance community infrastructure and our manufacturing facilities. Information regarding our loans payable at October 31, 2024 and 2023, is included in the table below ($ amounts in thousands): 2024 2023 Aggregate loans payable at October 31 $ 437,969 $ 517,378 Weighted-average interest rate 5.73 % 5.25 % Interest rate range 1.00% - 9.00% 0.38% - 9.00% Loans secured by assets: Carrying value of loans secured by assets $ 437,256 $ 516,186 Carrying value of assets securing loans $ 1,326,440 $ 1,416,034 The contractual maturities of “Loans payable – other” as of October 31, 2024, ranged from one day to 28.9 years. Senior Notes At October 31, 2024 and 2023, senior notes consisted of the following (amounts in thousands): 2024 2023 4.875% Senior Notes due November 15, 2025 $ 350,000 $ 350,000 4.875% Senior Notes due March 15, 2027 450,000 450,000 4.35% Senior Notes due February 15, 2028 400,000 400,000 3.80% Senior Notes due November 1, 2029 400,000 400,000 Bond discounts, premiums, and deferred issuance costs - net (2,898) (3,815) $ 1,597,102 $ 1,596,185 The senior notes are the unsecured obligations of Toll Brothers Finance Corp., our 100%-owned subsidiary. The payment of principal and interest is fully and unconditionally guaranteed, jointly and severally, by us and substantially all of our 100%-owned home building subsidiaries (together with Toll Brothers Finance Corp., the “Senior Note Parties”). The senior notes rank equally in right of payment with all the Senior Note Parties’ existing and future unsecured senior indebtedness, including the Revolving Credit Facility and the Term Loan Facility. The senior notes are structurally subordinated to the prior claims of creditors, including trade creditors, of our subsidiaries that are not guarantors of the senior notes. Each series of senior notes is redeemable in whole or in part at any time at our option, at prices that vary based upon the then-current rates of interest and the remaining original term of the senior notes to be redeemed. In our second quarter of fiscal 2023, we redeemed all $400.0 million principal amount of 4.375% Senior Notes due April 15, 2023, at par, plus accrued interest. Mortgage Company Loan Facility During fiscal 2023 and until December 2023, our wholly owned mortgage subsidiary, Toll Brothers Mortgage Company ("TBMC"), was party to a mortgage warehousing facility that contained substantially the same terms as those described in the paragraph below. On December 5, 2023, TBMC executed a new Warehousing Agreement (“New Warehousing Agreement”) with a bank which provides for loan purchases up to $75.0 million, subject to certain sublimits. In addition, the New Warehousing Agreement, provides for an accordion feature under which TBMC may request that the aggregate commitments under the New Warehousing Agreement be increased to an amount up to $150.0 million for a short period of time. TBMC is also subject to an under usage fee based on outstanding balances, as defined in the New Warehousing Agreement. Prior to its scheduled expiration on December 3, 2024, the New Warehousing Agreement was amended to extend the expiration date to December 2, 2025. No other changes were made to the terms of the New Warehousing Agreement as a result of the amendment. The New Warehousing Agreement bears interest at SOFR plus 1.75% per annum (with a SOFR floor of 2.50%). At October 31, 2024, the interest rate on the New Warehousing Agreement was 6.59% per annum. At October 31, 2024 and 2023, there was $150.0 million and $100.1 million, respectively, outstanding under the agreements which are included in liabilities in our Consolidated Balance Sheets. At October 31, 2024 and 2023, amounts outstanding under the agreements were collateralized by $182.8 million and $104.7 million, respectively, of mortgage loans held for sale, which are included in assets in our Consolidated Balance Sheets. As of October 31, 2024, there were no aggregate outstanding purchase price limitations reducing the amount available to TBMC. There are several restrictions on purchased loans under the agreement, including that they cannot be sold to others, they cannot be pledged to anyone other than the agent, and they cannot support any other borrowing or repurchase agreements. General As of October 31, 2024, the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2025 $ 350,496 2026 $ 591,199 2027 $ 554,131 2028 $ 897,988 2029 $ 409,820

Accrued Expenses

Accrued Expenses	12 Months Ended
Accrued Expenses	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): 2024 2023 Land, land development and construction $ 356,613 $ 286,516 Liabilities related to consolidated inventory not owned 388,778 268,630 Compensation and employee benefits 208,394 212,684 Escrow liability associated with our wholly owned captive title company 62,038 42,451 Self-insurance 242,306 230,688 Warranty 189,258 206,171 Lease liabilities 128,588 123,866 Deferred income 51,138 52,907 Interest 29,669 30,044 Commitments to unconsolidated entities 38,661 29,212 Other 57,405 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): 2024 2023 2022 Balance, beginning of year $ 206,171 $ 164,409 $ 145,062 Additions - homes closed during the year 36,186 44,949 42,423 Addition - liabilities assumed in an asset acquisition — — 150 Increase in accruals for homes closed in prior years - net 3,150 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.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Oct. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table provides a reconciliation of our effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2024, 2023, and 2022 ($ amounts in thousands): 2024 2023 2022 $ %* $ %* $ %* Federal tax provision at statutory rate 437,984 21.0 386,898 21.0 357,782 21.0 State tax provision, net of federal benefit 103,880 5.0 90,698 4.9 75,465 4.4 Other permanent differences 2,737 0.1 (2,782) (0.2) 4,386 0.3 Reversal of accrual for uncertain tax positions (2,132) (0.1) (621) — (1,690) (0.1) Accrued interest on anticipated tax assessments 1,418 0.1 403 — 234 — Increase in unrecognized tax benefits 2,556 0.1 2,209 0.1 658 — Excess stock compensation benefit (17,546) (0.8) (7,320) (0.4) (3,012) (0.2) Energy tax credits (68) — (2,348) (0.1) (22,153) (1.3) Other (14,384) (0.7) 3,163 0.2 5,556 0.3 Income tax provision* 514,445 24.7 470,300 25.5 417,226 24.5 * Due to rounding, percentages may not add We are subject to state tax in the jurisdictions in which we operate. We estimate our state tax liability based upon the individual taxing authorities’ regulations, estimates of income by taxing jurisdiction, and our ability to utilize certain tax-saving strategies. Based on our estimate of the allocation of income or loss among the various taxing jurisdictions and changes in tax regulations and their impact on our tax strategies, we estimated that our rate for state income taxes, before federal benefit, will be 6.3% in fiscal 2024. Our state income tax rate, before federal benefit, was 6.2% and 5.6% in fiscal 2023 and 2022, respectively. The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Federal $ 425,445 $ 385,650 $ 343,524 State 89,000 84,650 73,702 $ 514,445 $ 470,300 $ 417,226 Current $ 594,775 $ 433,837 $ 513,075 Deferred (80,330) 36,463 (95,849) $ 514,445 $ 470,300 $ 417,226 The components of income taxes payable at October 31, 2024 and 2023 are set forth below (amounts in thousands): 2024 2023 Current $ 37,905 $ 5,978 Deferred 76,642 160,290 $ 114,547 $ 166,268 The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Balance, beginning of year $ 10,512 $ 4,922 $ 5,780 Increase in benefit as a result of tax positions taken in prior years 8,650 3,633 296 Increase in benefit as a result of tax positions taken in current year 3,142 2,733 833 Decrease in benefit as a result of settlements (1,782) — — Decrease in benefit as a result of lapse of statute of limitations (493) (776) (1,987) Balance, end of year $ 20,029 $ 10,512 $ 4,922 The statute of limitations has expired on our federal tax returns for fiscal years through 2020. The statute of limitations for our major state tax jurisdictions remains open for examination for fiscal year 2019 and subsequent years. Our unrecognized tax benefits are included in the current portion of “Income taxes payable” on our Consolidated Balance Sheets. If these unrecognized tax benefits reverse in the future, they would have a beneficial impact on our effective tax rate at that time. During the next 12 months, it is reasonably possible that the amount of unrecognized tax benefits will change, but we are not able to provide a range of such change. The anticipated changes will be principally due to the expiration of tax statutes, settlements with taxing jurisdictions, increases due to new tax positions taken, and the accrual of estimated interest and penalties. The amounts accrued for interest and penalties are included in the current portion of “Income taxes payable” on our Consolidated Balance Sheets. The following table provides information as to the amounts recognized in our tax provision, before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the fiscal years ended October 31, 2024, 2023, and 2022, and the amounts accrued for potential interest and penalties at October 31, 2024 and 2023 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2024 $ 785 2023 $ 332 2022 $ 296 Accrued at: October 31, 2024 $ 1,728 October 31, 2023 $ 1,259 The components of net deferred tax assets and liabilities at October 31, 2024 and 2023 are set forth below (amounts in thousands): 2024 2023 Deferred tax assets: Accrued expenses $ 61,353 $ 48,088 Impairment charges 23,074 25,005 Inventory valuation differences 44,307 20,690 Stock-based compensation expense 11,966 12,603 Amounts related to unrecognized tax benefits 4,130 1,385 State tax, net operating loss carryforwards 4,285 11,129 Other 117 1,709 Total assets 149,232 120,609 Deferred tax liabilities: Capitalized interest 20,634 22,909 Deferred income 171,954 223,225 Expenses taken for tax purposes not for book 2,304 3,143 Depreciation 13,681 14,484 Deferred marketing 17,301 17,138 Total liabilities 225,874 280,899 Net deferred tax liabilities $ (76,642) $ (160,290) In accordance with GAAP, we assess whether a valuation allowance should be established based on our determination of whether it is more-likely-than-not that some portion or all of the deferred tax assets would not be realized. At October 31, 2024 and 2023, we determined that it was more-likely-than-not that our deferred tax assets would be realized. Accordingly, at October 31, 2024 and 2023, we did not have valuation allowances recorded against our federal or state deferred tax assets.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Oct. 31, 2024
Stockholders' Equity Note [Abstract]
Stock Issuance and Stock Repurchase Program	Stockholders’ Equity Our authorized capital stock consists of 400 million shares of common stock, $0.01 par value per share (“common stock”), and 15 million shares of preferred stock, $0.01 par value per share. At October 31, 2024, we had 99.8 million shares of common stock issued and outstanding, 2.4 million shares of common stock reserved for outstanding stock options and restricted stock units, 3.2 million shares of common stock reserved for future stock option and award issuances, and 232,780 shares of common stock reserved for issuance under our employee stock purchase plan. As of October 31, 2024, no shares of preferred stock have been issued. Cash Dividends In March 2024, our Board of Directors approved an increase in the quarterly dividend from $0.21 to $0.23 per share. During the fiscal years October 31, 2024, 2023 and 2022, we declared and paid aggregate cash dividends of $0.90, $0.83 and $0.77 per share, respectively, to our shareholders. 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 award and other employee benefit plans. Most recently, on December 13, 2023, the 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 following table provides information about the share repurchase programs for the fiscal years ended October 31, 2024, 2023, and 2022: 2024 2023 2022 Number of shares purchased (in thousands) 4,914 7,860 11,000 Average price per share (1) $ 127.79 $ 72.00 $ 49.34 Remaining authorization at October 31 (in thousands) 15,087 6,716 14,577 (1) Average price per share includes costs associated with the purchases. For the fiscal 2024 and 2023 periods, it also includes the excise tax accrued on our share repurchases as a result of the Inflation Reduction Act of 2022. Transfer Restriction On March 17, 2010, our Board of Directors adopted a Certificate of Amendment to the Second Restated Certificate of Incorporation of the Company (the “Certificate of Amendment”). The Certificate of Amendment includes an amendment approved by our stockholders at the 2010 Annual Meeting of Stockholders that restricts certain transfers of our common stock. The Certificate of Amendment’s transfer restrictions generally restrict any direct or indirect transfer of our common stock if the effect would be to increase the direct or indirect ownership of any Person (as defined in the Certificate of Amendment) from less than 4.95% to 4.95% or more of our common stock or increase the ownership percentage of a Person owning or deemed to own 4.95% or more of our common stock. Any direct or indirect transfer attempted in violation of this restriction would be void as of the date of the prohibited transfer as to the purported transferee. Accumulated Other Comprehensive Income (Loss) The changes in each component of accumulated other comprehensive income (loss) (“AOCI”), for fiscal years ended October 31, 2024, 2023, and 2022, were as follows (amounts in thousands): 2024 2023 2022 Employee Retirement Plans Beginning balance $ 3,080 $ 2,475 $ (6,024) Gains (losses) arising during the period (2,314) 736 9,573 Less: Tax expense (benefit) 593 (199) (2,424) Net gains (losses) arising during the period (1,721) 537 7,149 Net (gains) losses reclassified from AOCI to net income (1) (457) 92 1,805 Less: Tax (expense) benefit (2) 116 (24) (455) Net (losses) gains reclassified from AOCI to net income (341) 68 1,350 Other comprehensive (loss) income, net of tax (2,062) 605 8,499 Ending balance $ 1,018 $ 3,080 $ 2,475 Derivative Instruments Beginning balance $ 37,830 $ 35,143 $ 7,133 Gains on derivative instruments 515 8,369 37,539 Less: Tax expense (472) (2,110) (9,505) Net gains on derivative instruments 43 6,259 28,034 (Losses) gains reclassified from AOCI to net income (3) (10,695) (4,784) (32) Less: Tax benefit (expense) (2) 3,081 1,212 8 Net (losses) gains reclassified from AOCI to net income (7,614) (3,572) (24) Other comprehensive (loss) income, net of tax (7,571) 2,687 28,010 Ending balance $ 30,259 $ 37,830 $ 35,143 Total AOCI ending balance $ 31,277 $ 40,910 $ 37,618 (1) Reclassified to “Other income – net” (2) Reclassified to “Income tax provision” (3) Reclassified to “Cost of revenues – home sales”

Stock-Based Benefit Plans

Stock-Based Benefit Plans	12 Months Ended
Stock-Based Benefit Plans	Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Benefit Plans	Stock-Based Benefit Plans We grant various types of restricted stock units to our employees and our non-employee directors under our stock incentive plans. We also granted stock options to certain of our employees and non-employee directors through fiscal year 2023. Restricted stock unit awards may be based on performance conditions, market conditions or service over a requisite time period (time-based). On March 12, 2019, shareholders approved the Toll Brothers, Inc. 2019 Omnibus Incentive Plan (the “Omnibus Plan”), which succeeded the Toll Brothers, Inc. Stock Incentive Plan for Employees (2014) and the Toll Brothers, Inc. Stock Incentive Plan for Non-Executive Directors (2016) with respect to equity awards granted after its adoption, and no additional equity awards may be granted under such prior plans. As a result, the Omnibus Plan is the sole plan out of which new equity awards may be granted to employees (including executive officers), directors and other eligible participants under the plan. The Omnibus Plan provides for the granting of incentive stock options and nonqualified stock options with a term of up to 10 years at a price not less than the market price of the stock at the date of grant. The Omnibus Plan also provides for the issuance of stock appreciation rights and restricted and unrestricted stock awards and stock units, which may be performance-based. Stock options and restricted stock units granted under the Omnibus Plan generally vest over a four-year period for employees and prior to fiscal 2024, a two-year period for non-employee directors. Beginning in fiscal 2024, stock-based compensation awards granted to non-employee directors vest over a one-year period. Shares issued upon the exercise of a stock option or settlement of restricted stock units are either from shares held in treasury or newly issued shares. At October 31, 2024, 2023, and 2022, we had 3.2 million; 3.7 million; and 5.0 million shares, respectively, available for grant under the plans. The following table provides information regarding the amount of total stock-based compensation expense recognized by us for fiscal year 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Total stock-based compensation expense recognized $ 29,558 $ 24,805 $ 21,095 Income tax benefit recognized $ 7,555 $ 6,291 $ 5,312 At October 31, 2024, the aggregate unamortized value of outstanding stock-based compensation awards was approximately $21.8 million and the weighted-average period over which we expect to recognize such compensation costs was approximately 2.5 years. Performance-Based Restricted Stock Units: In fiscal 2024, 2023, and 2022, the Executive Compensation Committee approved awards of performance-based restricted stock units (“Performance-Based RSUs”) relating to shares of our common stock to certain members of our senior management. The number of shares earned for Performance-Based RSUs is based on the attainment of certain operational performance metrics approved by the Executive Compensation Committee in the year of grant. The number of shares underlying the Performance-Based RSUs that may be issued to the recipients ranges from 0% to 150% of the base award depending on actual achievement as compared to the target performance goals. Shares earned based on actual performance vest pro-rata over a four-year period (provided the recipients continue to be employed by us as specified in the award document) or cliff-vest at the end of a three-year performance period measured from the grant date. Compensation expense related to these grants is based on the Company’s performance against the related performance criteria, the elapsed portion of the performance or vesting period and the grant date fair value of the award. A summary of the status of our nonvested Performance-Based RSUs as of October 31, 2024, and changes during the year ended October 31, 2024, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2023 253 $ 41.60 Granted 67 $ 82.97 Vested (114) $ 42.70 Nonvested at October 31, 2024 206 $ 54.51 The following table provides information regarding the issuance, valuation assumptions, and amortization of the Performance-Based RSUs issued in fiscal 2024, 2023, and 2022: 2024 2023 2022 Estimated number of shares underlying Performance-Based RSUs to be issued 67,499 126,068 71,576 Aggregate number of Performance-Based RSUs outstanding at October 31 346,630 442,961 507,604 Weighted-average fair value per share of Performance-Based RSUs issued $ 33.98 $ 34.70 $ 45.41 Aggregate grant date fair value of Performance-Based RSUs issued (in thousands) $ 5,795 $ 7,244 $ 6,156 Performance-Based RSU expense recognized (in thousands) $ 6,713 $ 5,838 $ 4,346 Fair market value of Performance-Based RSUs vested (in thousands) $ 4,864 $ 5,595 $ 4,514 Shares earned with respect to Performance-Based RSUs granted in December 2017, 2018, and 2019 were delivered in fiscal 2022, 2023, and 2024, respectively. Time-Based Restricted Stock Units: We issue time-based restricted stock units (“Time-Based RSUs”) to various officers, employees, and non-employee directors on an annual basis. A summary of our nonvested Time-Based RSUs as of October 31, 2024, and changes during the year ended October 31, 2024, is presented below (share amounts in thousands): Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2023 1,015 $ 50.64 Granted 240 $ 94.13 Vested (374) $ 46.47 Forfeited (22) $ 66.53 Nonvested at October 31, 2024 859 $ 64.20 The following table provides additional information on the Time-Based RSUs for fiscal 2024, 2023, and 2022: 2024 2023 2022 Time-Based RSUs issued: Number of Time-Based RSUs issued 372,973 324,399 276,421 Weighted-average fair value per share of Time-Based RSUs issued $ 39.58 $ 34.26 $ 45.55 Aggregate fair value of Time-Based RSUs issued (in thousands) $ 14,761 $ 11,114 $ 12,591 Time-Based RSU expense recognized (in thousands): $ 22,365 $ 18,340 $ 15,738 Fair market value of Time-Based RSUs vested (in thousands): $ 17,378 $ 14,592 $ 13,925 2024 2023 2022 At October 31: Aggregate number of Time-Based RSUs outstanding 1,344,851 1,500,097 1,315,303 Cumulative unamortized value of Time-Based RSUs (in thousands) $ 21,587 $ 22,836 $ 14,902

Earnings Per Share Information

Earnings Per Share Information	12 Months Ended
Earnings Per Share Information	Oct. 31, 2024
Earnings Per Share [Abstract]
Income per Share Information	Earnings Per Share Information Information pertaining to the calculation of earnings per share for each of the fiscal years ended October 31, 2024, 2023, and 2022, is as follows (amounts in thousands): 2024 2023 2022 Numerator: Net income as reported $ 1,571,195 $ 1,372,071 $ 1,286,500 Denominator: Basic weighted-average shares 103,653 110,020 116,771 Common stock equivalents (1) 1,037 988 1,204 Diluted weighted-average shares 104,690 111,008 117,975 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 39 200 410 Shares issued under stock incentive and employee stock purchase plans 910 2,026 507 (1) Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued upon the conversion of restricted stock units under our equity award programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
Fair Value Disclosures	Oct. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Financial Instruments A summary of assets and (liabilities) at October 31, 2024 and 2023, related to our financial instruments, measured at fair value on a recurring basis, is set forth below (amounts in thousands): Fair value Financial Instrument Fair value hierarchy October 31, 2024 October 31, 2023 Mortgage Loans Held for Sale Level 2 $ 191,242 $ 110,555 Forward Loan Commitments – Mortgage Loans Held for Sale Level 2 $ 2,152 $ 2,234 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (962) $ (4,135) Forward Loan Commitments – IRLCs Level 2 $ 962 $ 4,135 Interest Rate Swap Contracts Level 2 $ 15,283 $ 35,243 At October 31, 2024 and 2023, the carrying value of cash and cash equivalents, escrow cash held by our wholly owned captive title company, and customer deposits held in escrow approximated fair value. The fair values of the interest rate swap contracts are included in “Receivables, prepaid expenses and other assets” in our Consolidated Balance Sheets and are determined using widely accepted valuation techniques including discounted cash flow analysis based on the expected cash flows of each swap contract. Although the Company has determined that the significant inputs, such as interest yield curve and discount rate, used to value its interest rate swap contracts fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our counterparties and our own credit risk utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by us and our counterparties. However, as of October 31, 2024 and 2023, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our interest rate swap contract positions and have determined that the credit valuation adjustments were not significant to the overall valuation of our interest rate swap contracts. As a result, we have determined that our interest rate swap contracts valuations in their entirety are classified in Level 2 of the fair value hierarchy. Mortgage Loans Held for Sale At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans and commitments using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date and the application of such pricing to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the change in fair value of our forward loan commitments as a gain or loss. These gains and losses are included in “Other income – net” in our Consolidated Statements of Operations and Comprehensive Income. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan and is also included in “Other income – net.” The table below provides, for the periods indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale as of the date indicated (amounts in thousands): At October 31, Aggregate unpaid Fair value Fair value greater (less) than principal balance 2024 $ 193,333 $ 191,242 $ (2,091) 2023 $ 114,835 $ 110,555 $ (4,280) IRLCs represent individual borrower agreements that commit us to lend at a specified price for a specified period as long as there is no violation of any condition established in the commitment contract. These commitments have varying degrees of interest rate risk. We utilize best-efforts forward loan commitments (“Forward Commitments”) to hedge the interest rate risk of the IRLCs and residential mortgage loans held for sale. Forward Commitments represent contracts with third-party investors for the future delivery of loans whereby we agree to make delivery at a specified future date at a specified price. The IRLCs and Forward Commitments are considered derivative financial instruments under ASC 815, “Derivatives and Hedging,” which requires derivative financial instruments to be recorded at fair value. We estimate the fair value of such commitments based on the estimated fair value of the underlying mortgage loan and, in the case of IRLCs, the probability that the mortgage loan will fund within the terms of the IRLC. The fair values of IRLCs and forward loan commitments are included in either “Receivables, prepaid expenses and other assets” or “Accrued expenses” in our Consolidated Balance Sheets, as appropriate. To manage the risk of non-performance of investors regarding the Forward Commitments, we assess the creditworthiness of the investors on a periodic basis. Inventory We recognize inventory impairment and land impairment charges based on the difference in the carrying value of the inventory and its fair value at the time of the evaluation. The fair value of the aforementioned inventory was determined using Level 3 criteria. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. In determining the fair value related to land impairments, we consider recent offers received, prices for land in recent comparable sales transactions, and other factors. We record land impairments related to land parcels we plan to sell to third parties within land sales and other cost of revenues. See Note 1, “Significant Accounting Policies - Inventory,” for additional information regarding our methodology on determining fair value. As further discussed in Note 1, determining the fair value of a community’s inventory involves a number of variables, many of which are interrelated. If we used a different input for any of the various unobservable inputs used in our impairment analysis, the results of the analysis may have been different, absent any other changes. Impairments on operating communities were not significant in each of the three fiscal years ended October 31, 2024, 2023, and 2022 and, accordingly, we did not disclose the ranges of certain quantitative unobservable inputs utilized in determining the fair value of such impaired operating communities. Debt The table below provides, as of the dates indicated, the book value, excluding any bond discounts, premiums, and deferred issuance costs, and estimated fair value of our debt at October 31, 2024 and 2023 (amounts in thousands): 2024 2023 Fair value hierarchy Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,087,969 $ 1,069,577 $ 1,167,378 $ 1,150,704 Senior notes (2) Level 1 1,600,000 1,572,580 1,600,000 1,481,220 Mortgage company loan facility (3) Level 2 150,000 150,000 100,058 100,058 $ 2,837,969 $ 2,792,157 $ 2,867,436 $ 2,731,982 (1) The estimated fair value of loans payable was based upon contractual cash flows discounted at interest rates that we believed were available to us for loans with similar terms and remaining maturities as of the applicable valuation date. (2) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (3) We believe that the carrying value of our mortgage company loan borrowings approximates their fair value.

Employee Retirement and Deferre

Employee Retirement and Deferred Compensation Plans	12 Months Ended
Employee Retirement and Deferred Compensation Plans	Oct. 31, 2024
Retirement Benefits [Abstract]
Employee Retirement and Deferred Compensation Plans	Employee Retirement and Deferred Compensation Plans Salary Deferral Savings Plans We maintain salary deferral savings plans covering substantially all employees. We recognized an expense, net of plan forfeitures, with respect to the plans of $19.2 million, $17.1 million, and $17.1 million for the fiscal years ended October 31, 2024, 2023, and 2022, respectively, which is included in “Selling, general and administrative” expense in the Consolidated Statements of Operations and Comprehensive Income. Deferred Compensation Plan We have an unfunded, nonqualified deferred compensation plan that permits eligible employees to defer a portion of their compensation. The deferred compensation, together with certain of our contributions, earns various rates of return depending upon when the compensation was deferred. A portion of the deferred compensation and interest earned may be forfeited by a participant if he or she elects to withdraw the compensation prior to the end of the deferral period. We accrued $36.6 million and $35.6 million at October 31, 2024 and 2023, respectively, for our obligations under the plan, which is included in “Accrued expenses” in the Consolidated Balance Sheets. Defined Benefit Retirement Plans We have two unfunded defined benefit retirement plans. Retirement benefits generally vest when the participant reaches normal retirement age. Unrecognized prior service costs are being amortized over the period from the date participants enter the plans until their interests are fully vested. We used a 4.98%, 5.83%, and 5.26% discount rate in our calculation of the present value of our projected benefit obligations at October 31, 2024, 2023, and 2022, respectively. The rates represent the approximate long-term investment rate at October 31 of the fiscal year for which the present value was calculated. Information related to the plans is based on actuarial information calculated as of October 31, 2024, 2023 and 2022. Information related to our retirement plans for each of the fiscal years ended October 31, 2024, 2023, and 2022, is as follows (amounts in thousands): 2024 2023 2022 Plan costs: Service cost $ 179 $ 137 $ 261 Interest cost 1,982 1,869 1,055 Amortization of prior service cost 1,182 1,407 1,806 Amortization of unrecognized losses (1,638) (1,316) — $ 1,705 $ 2,097 $ 3,122 Projected benefit obligation: Beginning of year $ 35,376 $ 36,904 $ 47,705 Plan amendments adopted during year 405 1,171 — Service cost 179 137 261 Interest cost 1,982 1,869 1,055 Benefit payments (2,818) (2,748) (2,544) Change in unrecognized loss (gain) 1,910 (1,957) (9,573) Projected benefit obligation, end of year $ 37,034 $ 35,376 $ 36,904 Unamortized prior service cost: Beginning of year $ 3,442 $ 3,678 $ 5,484 Plan amendments adopted during year 405 1,171 — Amortization of prior service cost (1,182) (1,407) (1,806) Unamortized prior service cost, end of year $ 2,665 $ 3,442 $ 3,678 Accumulated unrecognized gain, October 31 $ 4,378 $ 7,926 $ 7,285 Accumulated benefit obligation, October 31 $ 37,034 $ 35,376 $ 36,904 Accrued benefit obligation, October 31 $ 37,034 $ 35,376 $ 36,904 The accrued benefit obligation is included in accrued expenses on our Consolidated Balance Sheets. The table below provides, based upon the estimated retirement dates of the participants in the retirement plans, the amounts of benefits we would be required to pay in each of the next five fiscal years and for the five fiscal years ended October 31, 2034 in the aggregate (in thousands): Year ending October 31, Amount 2025 $ 2,858 2026 $ 3,469 2027 $ 3,668 2028 $ 3,647 2029 $ 3,685 November 1, 2029 – October 31, 2034 $ 16,336

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings We are involved in various claims and litigation arising principally in the ordinary course of business. We believe that adequate provision for resolution of all current claims and pending litigation has been made and that the disposition of these matters will not have a material adverse effect on our results of operations and liquidity or on our financial condition. Land Purchase Contracts Generally, our agreements to acquire land parcels do not require us to purchase those land parcels, although we, in some cases, forfeit any deposit balance outstanding if and when we terminate an agreement. If market conditions are weak, approvals needed to develop the land are uncertain, or other factors exist that make the purchase undesirable, we may choose not to acquire the land. Whether a purchase agreement is legally terminated or not, we review the amount recorded for the land parcel subject to the purchase agreement to determine whether the amount is recoverable. While we may not have formally terminated the purchase agreements for those land parcels that we do not expect to acquire, we write off any nonrefundable deposits and costs previously capitalized to such land parcels in the periods that we determine such costs are not recoverable. Information regarding our land purchase contracts at October 31, 2024 and 2023, is provided in the table below (amounts in thousands): 2024 2023 Aggregate purchase price: Unrelated parties $ 6,073,847 $ 4,191,160 Unconsolidated entities that the Company has investments in 26,783 31,477 Total $ 6,100,630 $ 4,222,637 Deposits against aggregate purchase price $ 549,195 $ 449,925 Additional cash required to acquire land 5,551,435 3,772,712 Total $ 6,100,630 $ 4,222,637 Amount of additional cash required to acquire land included in accrued expenses $ 382,277 $ 254,030 In addition, we expect to purchase approximately 9,000 additional home sites over a number of years from several joint ventures in which we have investments; the purchase prices of these home sites will be determined at a future date. At October 31, 2024, we also had similar purchase contracts to acquire land for apartment developments of approximately $209.3 million, of which we had outstanding deposits in the amount of $9.8 million. We intend to develop these projects in joint ventures with unrelated parties in the future. We have additional land parcels under option that have been excluded from the aforementioned aggregate purchase amounts since we do not believe that we will complete the purchase of these land parcels and no additional funds will be required from us to terminate these contracts. Investments in Unconsolidated Entities At October 31, 2024, we had investments in a number of unconsolidated entities, were committed to invest or advance additional funds, and had guaranteed a portion of the indebtedness and/or loan commitments of these entities. See Note 4, “Investments in Unconsolidated Entities,” for more information regarding our commitments to these entities. Surety Bonds and Letters of Credit At October 31, 2024, we had outstanding surety bonds amounting to $820.2 million, primarily related to our obligations to governmental entities to construct improvements in our communities. We have an additional $337.3 million of surety bonds outstanding that guarantee other obligations. Although significant construction and development activities have been completed related to these improvements, the bonds are generally not released until all construction and development activities are completed and acceptance by the counterparty is received. The aggregate amount of surety bonds outstanding is in excess of the estimated cost of the remaining work to be performed. We do not believe that it is probable that any outstanding bonds will be drawn upon. At October 31, 2024, we had outstanding letters of credit of $180.0 million under our Revolving Credit Facility. These letters of credit were issued to secure our various financial obligations, including insurance policy deductibles and other claims, land deposits, and security to complete improvements in communities in which we are operating. We do not believe that it is probable that any outstanding letters of credit will be drawn upon. At October 31, 2024, we had provided financial guarantees of $28.5 million related to fronted letters of credit to secure obligations related to certain of our insurance policy deductibles and other claims. Backlog At October 31, 2024, we had agreements of sale outstanding to deliver 5,996 homes with an aggregate sales value of $6.47 billion. Mortgage Commitments Our mortgage subsidiary provides mortgage financing for a portion of our home closings. For those home buyers to whom our mortgage subsidiary provides mortgages, we determine whether the home buyer qualifies for the mortgage based upon information provided by the home buyer and other sources. For those home buyers who qualify, our mortgage subsidiary provides the home buyer with a mortgage commitment that specifies the terms and conditions of a proposed mortgage loan based upon then-current market conditions. Prior to the actual closing of the home and funding of the mortgage, the home buyer will lock in an interest rate based upon the terms of the commitment. At the time of rate lock, our mortgage subsidiary agrees to sell the proposed mortgage loan to one of several outside recognized mortgage financing institutions (“investors”) that is willing to honor the terms and conditions, including interest rate, committed to the home buyer. We believe that these investors have adequate financial resources to honor their commitments to our mortgage subsidiary. Mortgage loans are sold to investors with limited recourse provisions derived from industry-standard representations and warranties in the relevant agreements. These representations and warranties primarily involve the absence of misrepresentations by the borrower or other parties, the appropriate underwriting of the loan and in some cases, a required minimum number of payments to be made by the borrower. The Company generally does not retain any other continuing interest related to mortgage loans sold in the secondary market. Information regarding our mortgage commitments at October 31, 2024 and 2023, is provided in the table below (amounts in thousands): 2024 2023 Aggregate mortgage loan commitments: IRLCs $ 168,829 $ 354,716 Non-IRLCs 1,668,455 1,818,486 Total $ 1,837,284 $ 2,173,202 Investor commitments to purchase: IRLCs $ 168,829 $ 354,716 Mortgage loans receivable 182,834 104,703 Total $ 351,663 $ 459,419 Lease Commitments We lease certain facilities, equipment, and properties held for rental apartment operation or development under non-cancelable operating leases which, in the case of certain rental properties, have an initial term of 99 years. We recognize lease expense for these leases on a straight-line basis over the lease term. Right-of-use (“ROU”) assets and lease liabilities are recorded on the balance sheet for all leases with an expected term over one year. A majority of our facility lease agreements include rental payments based on a pro-rata share of the lessor’s operating costs which are variable in nature. Our lease agreements do not contain any residual value guarantees or material restrictive covenants. ROU assets are classified within “Receivables, prepaid expenses, and other assets” and the corresponding lease liability is included in “Accrued expenses” in our Consolidated Balance Sheets. We elected the short-term lease recognition exemption for all leases that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying asset that we are reasonably certain to exercise. For such leases, we do not recognize ROU assets or lease liabilities and instead recognize lease payments in our Consolidated Statements of Operations and Comprehensive Income on a straight-line basis. At October 31, 2024, ROU assets and lease liabilities were $108.3 million and $128.6 million, respectively. At October 31, 2023, ROU assets and lease liabilities were $102.8 million and $123.9 million, respectively. Payments on lease liabilities totaled $22.5 million and $20.2 million, and $17.7 million for the years ending October 31, 2024, 2023, and 2022 respectively. Lease expense includes costs for leases with terms in excess of one year as well as short-term leases with terms of one year or less. For the fiscal years ending October 31, 2024, 2023, and 2022, our total lease expense was $24.3 million, $27.1 million, and $25.6 million, respectively, inclusive of variable lease costs of approximately $4.1 million, $4.2 million, and $3.3 million, respectively. Short-term lease costs and sublease income was de minimis. Information regarding our remaining lease payments as of October 31, 2024 is provided in the table below (amounts in thousands): Year ended October 31, 2025 $ 25,000 2026 23,100 2027 19,400 2028 16,100 2029 11,800 Thereafter 138,600 Total lease payments (1) 234,000 Less: Interest (2) 105,400 Present value of lease liabilities $ 128,600 (1) Lease payments include options to extend lease terms that are reasonably certain of being exercised. (2) Our leases do not provide a readily determinable implicit rate. Therefore, we estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date. The majority of our facility leases give us the option to extend the lease term. The exercise of lease renewal options is at our discretion. For several of our facility leases we are reasonably certain the option will be exercised and thus the renewal term has been included in our calculation of the ROU asset and lease liability. The weighted average remaining lease term and weighted average discount rate used in calculating these facility lease liabilities, excluding our land leases, were 7.2 years and 5.9%, respectively, at October 31, 2024 and 7.2 years and 5.8%, respectively, at October 31, 2023. We have a small number of land leases with initial terms of 99 years. We are not reasonably certain that, if given the option, we would extend these leases. We have therefore excluded the renewal terms from our ROU asset and lease liability for these leases.

Other Income - Net

Other Income - Net	12 Months Ended
Other Income - Net	Oct. 31, 2024
Other Income and Expenses [Abstract]
Other Income - net [Text Block]	Other Income – Net The table below provides the significant components of “Other income – net” for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Interest income $ 38,497 $ 35,133 $ 6,180 Income from ancillary businesses 19,534 2,846 24,668 Management fee income earned by home building operations 4,297 4,462 7,968 Gain on litigation settlements – net — 27,683 141,234 Other 6,968 (2,606) (8,673) Total other income – net $ 69,296 $ 67,518 $ 171,377 In fiscal 2022, we entered into a $192.5 million settlement agreement with Southern California Gas Company to resolve our claims associated with a natural gas leak that occurred from October 2015 through February 2016 at the Aliso Canyon underground storage facility located near certain of our communities in southern California. As a result, net of legal fees and expenses, we recorded a pre-tax gain of $148.4 million, of which $141.2 million was recorded in Other Income - net in our Consolidated Statements of Operations and Comprehensive Income in fiscal 2022. The remainder was recorded as an offset to previously incurred expenses. Coincident with this settlement, we seeded a new Toll Brothers charitable foundation with $10.0 million which was recorded in Selling, general and administrative in our Consolidated Statements of Operations and Comprehensive Income in fiscal 2022. Income from ancillary businesses is generated by our mortgage, title, landscaping, smart home technology, apartment living, city living, and golf course and country club operations. The table below provides revenues and expenses for these ancillary businesses for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Revenues $ 165,615 $ 140,272 $ 135,510 Expenses $ 146,081 $ 137,426 $ 110,842 In fiscal 2024 and 2022, our smart home technology business recognized gains of $4.4 million and $9.0 million, respectively, from bulk sales of security monitoring accounts, which is included in income from ancillary businesses above. No similar gains were recognized in fiscal 2023. In fiscal 2024, 2023 and 2022, we recognized $8.9 million and $8.4 million, and $0.3 million, of write-offs related to previously incurred costs that we believed not to be recoverable in our apartment rental development business operations, respectively. In fiscal 2024 and 2023, income from ancillary businesses included management fees earned on our apartment rental development, high-rise urban luxury condominium, and other unconsolidated entities and operations totaling $35.7 million and $34.7 million, respectively. In fiscal 2022, income from ancillary businesses included management fees earned on our apartment rental development and other unconsolidated entities and operations totaling $25.9 million. Prior to fiscal 2023, management fees earned on our high-rise luxury condominium unconsolidated entities were included in “Management fees earned by home building operations” above.

Information on Segments

Information on Segments	12 Months Ended
Information on Segments	Oct. 31, 2024
Segment Reporting [Abstract]
Information on Segments	Information on Segments The table below summarizes revenue and income (loss) before income taxes for our segments for each of the fiscal years ended October 31, 2024, 2023, and 2022 (amounts in thousands): Revenue Income (loss) before income taxes 2024 2023 2022 2024 2023 2022 North $ 1,484,267 $ 1,494,127 $ 1,853,720 $ 252,739 $ 197,414 $ 280,829 Mid-Atlantic 1,422,018 1,175,348 1,148,966 471,478 243,464 189,485 South 2,787,459 2,204,763 1,519,600 578,022 416,711 249,665 Mountain 2,590,445 2,660,746 2,747,783 446,168 517,080 509,512 Pacific 2,279,083 2,329,365 2,441,959 541,789 610,126 572,844 Total home building 10,563,272 9,864,349 9,712,028 2,290,196 1,984,795 1,802,335 Corporate and other (1) 60 1,677 (858) (204,556) (142,424) (98,609) 10,563,332 9,866,026 9,711,170 2,085,640 1,842,371 1,703,726 Land sales and other revenue (2) 283,408 128,911 564,388 Total consolidated $ 10,846,740 $ 9,994,937 $ 10,275,558 $ 2,085,640 $ 1,842,371 $ 1,703,726 (1) Included in fiscal 2022 is a $141.2 million net gain related to a favorable litigation settlement as further discussed in Note 15, “Other Income - Net”. (2) Land sales and other revenues by segment has been provided in the table below. “Corporate and other” is comprised principally of general corporate expenses such as our executive offices; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including our apartment rental development business and our high-rise urban luxury condominium operations; and income from our Rental Property Joint Ventures and Other Joint Ventures. Land sales and other revenues for each of the fiscal years ended October 31, 2024, 2023, and 2022 are shown in the table below (amounts in thousands): 2024 2023 2022 North $ 4,486 $ 32,620 $ 139,439 Mid-Atlantic (1) 208,436 13,169 38,423 South 25,930 19,014 24,415 Mountain 28,277 1,140 8,897 Pacific 1,365 8,705 30,900 Total home building 268,494 74,648 242,074 Corporate and other 14,914 54,263 322,314 Total consolidated $ 283,408 $ 128,911 $ 564,388 (1) Included in the year ended October 31, 2024 is a $185.0 million land sale to a commercial developer in February 2024, which is further discussed in Note 1, “Significant Accounting Policies”. “Corporate and other” is comprised principally of activities from our apartment rental development business. Total assets for each of our segments at October 31, 2024 and 2023, are shown in the table below (amounts in thousands): 2024 2023 North $ 1,425,738 $ 1,281,479 Mid-Atlantic 1,444,951 1,323,381 South 2,514,446 2,399,055 Mountain 2,950,806 2,666,874 Pacific 2,266,829 2,175,776 Total home building 10,602,770 9,846,565 Corporate and other 2,765,162 2,680,453 Total consolidated $ 13,367,932 $ 12,527,018 “Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, manufacturing facilities, our apartment rental development operations, and our mortgage and title subsidiaries. Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands): Land controlled for future communities Land owned for future communities Operating communities Total Balances at October 31, 2024 North $ 30,597 $ 38,920 $ 1,169,490 $ 1,239,007 Mid-Atlantic 51,400 50,762 1,297,021 1,399,183 South 43,571 89,145 2,100,079 2,232,795 Mountain 10,868 94,103 2,705,213 2,810,184 Pacific 63,730 80,100 1,887,926 2,031,756 Total consolidated $ 200,166 $ 353,030 $ 9,159,729 $ 9,712,925 Balances at October 31, 2023 North $ 32,762 $ 31,253 $ 1,031,625 $ 1,095,640 Mid-Atlantic 34,175 135,042 1,089,270 1,258,487 South 40,335 198,467 1,908,468 2,147,270 Mountain 12,443 129,326 2,426,113 2,567,882 Pacific 53,460 169,325 1,765,514 1,988,299 Total consolidated $ 173,175 $ 663,413 $ 8,220,990 $ 9,057,578 The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the years ended October 31, 2024, 2023, and 2022, are shown in the table below (amounts in thousands): 2024 2023 2022 North $ 1,098 $ 677 $ 11,860 Mid-Atlantic 15,214 15,898 3,369 South 3,404 1,766 3,391 Mountain 26,032 5,662 4,091 Pacific 13,693 6,703 10,030 Total consolidated $ 59,441 $ 30,706 $ 32,741 In the year ended October 31, 2024, we recognized $4.4 million of land impairment charges included in land sales and other cost of revenues, of which $0.6 million and $3.8 million were in our Mid-Atlantic and Corporate and other segments, respectively. In the year ended October 31, 2023 we recognized $30.6 million of land impairment charges included in land sales and other cost of revenues, of which $15.6 million, $10.3 million, $2.2 million, and $2.5 million were in our North, Mid-Atlantic, Pacific and Corporate and other segments, respectively. In the year ended October 31, 2022 we recognized $6.8 million of land impairment charges included in land sales and other cost of revenues in our North segment. The net carrying value of our investments in unconsolidated entities and our equity in earnings (losses) from such investments, for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): Investments in unconsolidated entities Equity in earnings (losses) from At October 31, Year ended October 31, 2024 2023 2024 2023 2022 North $ 58,403 $ 65,285 $ (6,324) $ 972 $ 1,068 Mid-Atlantic 12,647 19,807 (243) 283 (405) South 168,042 169,004 10,590 13,520 20,065 Mountain 74,909 61,363 688 (211) 494 Pacific 132,952 100,980 (311) (414) 248 Total home building 446,953 416,439 4,400 14,150 21,470 Corporate and other 560,464 542,602 (28,243) 35,948 2,253 Total consolidated $ 1,007,417 $ 959,041 $ (23,843) $ 50,098 $ 23,723 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and Other Joint Ventures.

Supplemental Disclosure to Stat

Supplemental Disclosure to Statements of Cash Flows	12 Months Ended
Supplemental Disclosure to Statements of Cash Flows	Oct. 31, 2024
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	Supplemental Disclosure to Consolidated Statements of Cash Flows The following are supplemental disclosures to the Consolidated Statements of Cash Flows for each of the fiscal years ended October 31, 2024, 2023 and 2022 (amounts in thousands): 2024 2023 2022 Cash flow information: Income tax paid - net $ 550,077 $ 584,695 $ 350,650 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses - net $ 186,714 $ 359,042 $ 273,893 Transfer of inventory to investment in unconsolidated entities $ 4,167 $ 1,000 $ 46,019 Transfer of investment in unconsolidated entities to inventory $ 9,049 $ 1,675 $ 474 Transfer of other assets to investment in unconsolidated entities, net $ — $ 47,780 $ 100,123 Transfer of other assets to property, construction, and office equipment - net $ 133,020 $ 47,280 $ 16,168 Income tax expense recognized in total comprehensive income $ 6,197 $ 6,710 $ 11,519 Unrealized (loss) gain on derivatives $ (19,959) $ (9,767) $ 34,680 Accrued excise tax and other share repurchases $ 5,213 $ 4,355 $ — Miscellaneous increases (decreases) to investments in unconsolidated entities $ 7,468 $ (5,917) $ 797 At October 31, 2024 2023 2022 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 1,303,039 $ 1,300,068 $ 1,346,754 Restricted cash included in receivables, prepaid expenses, and other assets $ 67,396 $ 44,273 $ 51,796 Total cash, cash equivalents, and restricted cash shown in the Consolidated $ 1,370,435 $ 1,344,341 $ 1,398,550

Summary Consolidated Quarterly

Summary Consolidated Quarterly Financial Data (Unaudited)	12 Months Ended
Summary Consolidated Quarterly Financial Data (Unaudited)	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 31 July 31 April 30 January 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 Basic 101,716 102,980 104,794 105,122 Diluted 102,676 104,014 105,803 106,265 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 Basic 107,465 110,003 111,214 111,397 Diluted 108,388 111,123 112,184 112,336 (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.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Pay vs Performance Disclosure
Net income	$ 475,409	$ 374,611	$ 481,617	$ 239,558	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 1,571,195	$ 1,372,071	$ 1,286,500

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
Insider Trading Arrangements	Oct. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Oct. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Oct. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation Policy [Text Block]	Basis of Presentation The consolidated financial statements include the accounts of Toll Brothers, Inc. (the “Company,” “we,” “us,” or “our”), a Delaware corporation, and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. References herein to fiscal year refer to our fiscal years ended or ending October 31.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Investments with original maturities of three months or less are classified as cash equivalents. Our cash balances exceed federally insurable limits. We monitor the cash balances in our operating accounts and adjust the cash balances as appropriate; however, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, we have experienced no loss or lack of access to cash in our operating accounts.
Inventory [Policy Text Block]	Inventory Inventory is stated at cost unless an impairment exists, in which case it is written down to fair value in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment” (“ASC 360”). In addition to direct land acquisition costs, land development costs, and home construction costs, costs also include interest, real estate taxes, and direct overhead related to development and construction, which are capitalized to inventory during the period beginning with the commencement of development and ending with the completion of construction. For those communities that have been temporarily closed, no additional capitalized interest is allocated to a community’s inventory until it reopens. While the community remains closed, carrying costs such as real estate taxes are expensed as incurred. We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to home sales cost of sales revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred. During fiscal 2024, 2023 and 2022, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred, excluding interest related to our mortgage company subsidiary’s operations, was capitalized to inventory. See Note 3, “Inventory”. Once a parcel of land has been approved for development and we open one of our typical communities, it may take four Operating Communities : When the profitability of an operating community deteriorates, the sales pace declines significantly, or some other factor indicates a possible impairment in the recoverability of the asset, the asset is reviewed for impairment by comparing the estimated future undiscounted cash flow for the community to its carrying value. If the estimated future undiscounted cash flow is less than the community’s carrying value, the carrying value is written down to its estimated fair value. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. The impairment is charged to home sales cost of revenues in the period in which the impairment is determined. In estimating the future undiscounted cash flow of a community, we use various estimates such as (i) the expected sales pace in a community, based upon general economic conditions that will have a short-term or long-term impact on the market in which the community is located and on competition within the market, including the number of home sites available and pricing and incentives being offered in other communities owned by us or by other builders; (ii) the expected sales prices and sales incentives to be offered in a community; (iii) costs expended to date and expected to be incurred in the future, including, but not limited to, land and land development, home construction, interest, and overhead costs; (iv) alternative product offerings that may be offered in a community that will have an impact on sales pace, sales price, building cost, or the number of homes that can be built on a particular site; and (v) alternative uses for the property such as the possibility of a sale of the entire community to another builder or the sale of individual home sites. Future Communities : We evaluate all land held for future communities or future sections of operating communities, whether owned or under contract, to determine whether or not we expect to proceed with the development of the land as originally contemplated. This evaluation encompasses the same types of estimates used for operating communities described above, as well as an evaluation of the regulatory environment applicable to the land and the estimated probability of obtaining the necessary approvals, the estimated time and cost it will take to obtain the approvals, and the possible concessions that may be required to be given in order to obtain them. Concessions may include cash payments to fund improvements to public places such as parks and streets, dedication of a portion of the property for use by the public or as open space, or a reduction in the density or size of the homes to be built. Based upon this review, we decide (i) as to land under contract to be purchased, whether the contract will likely be terminated or renegotiated, and (ii) as to land owned, whether the land will likely be developed as contemplated or in an alternative manner, or should be sold. We then further determine whether costs that have been capitalized to the community are recoverable or should be written off. The write-off is charged to home sales cost of revenues in the period in which the need for the write-off is determined. The estimates used in the determination of the estimated cash flows and fair value of both current and future communities are based on factors known to us at the time such estimates are made and our expectations of future operations and economic conditions. Should the estimates or expectations used in determining estimated fair value deteriorate in the future, we may be required to recognize additional impairment charges and write-offs related to current and future communities and such amounts could be material.
Capitalization of Interest Costs Policy [Text Block]	We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to home sales cost of sales revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred. During fiscal 2024, 2023 and 2022, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred, excluding interest related to our mortgage company subsidiary’s operations, was capitalized to inventory. See Note 3, “Inventory”.
Estimated fair values Policy [Text Block]	The estimates used in the determination of the estimated cash flows and fair value of both current and future communities are based on factors known to us at the time such estimates are made and our expectations of future operations and economic conditions. Should the estimates or expectations used in determining estimated fair value deteriorate in the future, we may be required to recognize additional impairment charges and write-offs related to current and future communities and such amounts could be material.
Consolidation, Policy [Policy Text Block]	Variable Interest Entities We are required to consolidate variable interest entities (“VIEs”) in which we have a controlling financial interest in accordance with ASC 810, “Consolidation” (“ASC 810”). A controlling financial interest will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance, and (ii) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. Our variable interest in VIEs may be in the form of equity ownership, contracts to purchase assets, management services and development agreements between us and a VIE, loans provided by us to a VIE or other member, and/or guarantees provided by members to banks and other parties. We have a significant number of land purchase contracts and financial interests in other entities which we evaluate in accordance with ASC 810. We analyze our land purchase contracts and the entities in which we have an investment to determine whether the land sellers and entities are VIEs and, if so, whether we are the primary beneficiary. We examine specific criteria and use our judgment when determining if we are the primary beneficiary of a VIE. Factors considered in determining whether we are the primary beneficiary include risk and reward sharing, experience and financial condition of other member(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE’s executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality between us and the other member(s), and contracts to purchase assets from VIEs. The determination whether an entity is a VIE and, if so, whether we are the primary beneficiary may require significant judgment.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Construction, and Office Equipment Property, construction, and office equipment are recorded at cost and are stated net of accumulated depreciation of $310.5 million and $285.7 million at October 31, 2024 and 2023, respectively. For property and equipment related to onsite sales centers, depreciation is recorded using the units of production method as homes are delivered. For all other property and equipment, depreciation is recorded using a straight-line method over the estimated useful lives of the related assets. In fiscal 2024, 2023, and 2022, we recognized $80.9 million, $75.5 million, and $75.9 million of depreciation expense, respectively.
Mortgage Loans Held for Sale [Policy Text Block]	Mortgage Loans Held for Sale Residential mortgage loans held for sale are measured at fair value in accordance with the provisions of ASC 825, “Financial Instruments” (“ASC 825”). We believe the use of ASC 825 improves consistency of mortgage loan valuations between the date the borrower locks in the interest rate on the pending mortgage loan and the date of the mortgage loan sale. At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date, and such pricing is applied to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the change in fair value of our forward loan commitments as a gain or loss. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan. In addition, net origination costs and fees associated with residential mortgage loans originated are expensed as incurred. These gains and losses, interest income, and origination costs and fees are recognized in “Other income – net” in the Consolidated Statements of Operations and Comprehensive Income.
Investments in Unconsolidated Entities [Policy Text Block]	Investments in Unconsolidated Entities We have investments in a number of unconsolidated entities, including joint ventures, with independent third parties. Investments in 50% or less owned partnerships and affiliates are accounted for using the equity method unless it is determined that we have effective control of the entity, in which case we would consolidate the entity. Under the equity method of accounting, we recognize our proportionate share of the earnings and losses of these entities. Additionally, we track cumulative earnings and distributions from our investments in unconsolidated entities. For cash flow classification, to the extent distributions do not exceed cumulative earnings, we designate such distributions as return on capital and reflected in the operating section of our Consolidated Statements of Cash Flows. Distributions in excess of cumulative earnings are treated as return of capital and reflected in the investing section of our Consolidated Statements of Cash Flows. In accordance with ASC 323, “Investments—Equity Method and Joint Ventures,” we review each of our investments on a quarterly basis for indicators of impairment. A series of net operating losses of an investee, the inability to recover our invested capital, or other factors may indicate that a loss in value of our investment in the unconsolidated entity has occurred. If a loss exists, we further review the investment to determine if the loss is other than temporary, in which case we write down the investment to its estimated fair value. The evaluation of our investment in unconsolidated entities, other than those that own rental properties, entails a detailed cash flow analysis using many estimates, including, but not limited to, expected sales pace, expected sales prices, expected incentives, costs incurred and anticipated, sufficiency of financing and capital, competition, market conditions, and anticipated cash receipts, in order to determine projected future distributions from the unconsolidated entity. In addition, for investments in rental properties, we review rental trends, expected future expenses, and expected cash flows to determine estimated fair values of the properties. Our unconsolidated entities that develop land or develop for-sale homes and condominiums evaluate their inventory in a similar manner as we do. See “Inventory” above for more detailed disclosure on our evaluation of inventory. For our unconsolidated entities that own, develop, and manage for-rent residential apartments, we review rental trends, expected future expenses, and expected future cash flows to determine estimated fair values of the underlying properties. If a valuation adjustment is recorded by an unconsolidated entity related to its assets, our proportionate share is reflected in income from unconsolidated entities with a corresponding decrease to our investment in unconsolidated entities. We are a party to several joint ventures with unrelated parties to develop and sell land that is owned by the joint ventures. We recognize our proportionate share of the earnings from the sale of home sites to other builders, including our joint venture partners. We do not recognize earnings from the home sites we purchase from these ventures at the time of purchase; instead, our cost basis in those home sites is reduced by our share of the earnings realized by the joint venture from sales of those home sites to us.
Fair Value Disclosures [Policy Text Block]	Fair Value Disclosures We use ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), to measure the fair value of certain assets and liabilities. ASC 820 provides a framework for measuring fair value in accordance with GAAP, establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, and requires certain disclosures about fair value measurements. The fair value hierarchy is summarized below: Level 1: Fair value determined based on quoted prices in active markets for identical assets or liabilities. Level 2: Fair value determined using significant observable inputs, generally either quoted prices in active markets for similar assets or liabilities or quoted prices in markets that are not active. Level 3: Fair value determined using significant unobservable inputs, such as pricing models, discounted cash flows, or similar techniques. Derivative Instruments and Hedging Activities Our objective in entering into derivative transactions is to manage our exposure to interest rate movements associated with certain variable rate debt, mortgage loans held for sale, interest rate lock commitments, and forward loan commitments we have entered into related to our mortgage operations. We recognize derivatives as either assets or liabilities on the balance sheet and measure those instruments at fair value. We have entered into interest rate swaps related to a portion of our variable rate debt. These derivative transactions are designated as cash flow hedges. The entire change in the fair value of these derivative transactions included in the assessment of hedge effectiveness is initially reported in Accumulated other comprehensive income (loss) and subsequently reclassified to home sales cost of revenues in the accompanying Consolidated Statements of Operations and Comprehensive Income when the hedged transaction affects earnings. If it is determined that a derivative is not highly effective as a hedge, or if the hedged forecasted transaction is no longer probable of occurring, the amount recognized in Accumulated other comprehensive income (loss) is released to earnings. Our derivative transactions related to our mortgage loans held for sale, interest rate lock commitments, and our forward loan commitments are not designated as hedges and therefore the entire change in the fair value of these derivative transactions is included as a gain or loss in Other income – net in the accompanying Consolidated Statements of Operations and Comprehensive Income. See Note 12 “Fair Value Disclosures” for more information.
Treasury Stock Policy [Text Block]	Treasury Stock Treasury stock is recorded at cost. Issuance of treasury stock is accounted for on a first-in, first-out basis. Differences between the cost of treasury stock and the re-issuance proceeds are charged to additional paid-in capital. When treasury stock is cancelled, any excess purchase price over par value is charged directly to retained earnings. In fiscal 2023, we cancelled 15 million shares of treasury stock. No treasury stock was cancelled in fiscal 2024 and 2022.
Revenue [Policy Text Block]	Revenue and Cost Recognition Home sales revenues: Revenues and cost of revenues from home sales are recognized at the time each home is delivered and title and possession are transferred to the buyer. For the majority of our home closings, our performance obligation to deliver a home is satisfied in less than one year from the date a binding sale agreement is signed. In certain states where we build, we may not be able to complete certain outdoor features prior to the closing of the home. To the extent these separate performance obligations are not complete upon the home closing, we defer the portion of the home sales revenues related to these obligations and subsequently recognize the revenue upon completion of such obligations. As of October 31, 2024, the home sales revenues and related costs we deferred related to these obligations were immaterial. Our contract liabilities, consisting of deposits received from customers for sold but undelivered homes, totaled $488.7 million and $540.7 million at October 31, 2024 and October 31, 2023, respectively. Of the outstanding customer deposits held as of October 31, 2023, we recognized $476.5 million in home sales revenues during the fiscal year ended October 31, 2024. Of the outstanding customer deposits held as of October 31, 2022, we recognized $542.0 million in home sales revenues during the fiscal year ended October 31, 2023. For our standard attached and detached homes, land, land development, and related costs, both incurred and estimated to be incurred in the future, are amortized to the cost of homes closed based upon the total number of homes to be constructed in each community. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated land, land development, and related costs subsequent to the commencement of delivery of homes are allocated to the remaining undelivered homes in the community. Home construction and related costs are charged to the cost of homes closed under the specific identification method. The estimated land, common area development, and related costs of master-planned communities, including the cost of golf courses, net of their estimated residual value, are allocated to individual communities within a master-planned community on a relative sales value basis. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs are allocated to the remaining home sites in each of the communities of the master-planned community. For high-rise/mid-rise projects, land, land development, construction, and related costs, both incurred and estimated to be incurred in the future, are generally amortized to the cost of units closed based upon an estimated relative sales value of the units closed to the total estimated sales value. Any changes resulting from a change in the estimated total costs or revenues of the project are allocated to the remaining units to be delivered. Land sales and other revenues: Our revenues from land sales and other generally consist of: (1) land sales to joint ventures in which we retain an interest; (2) lot sales to third-party builders within our master-planned communities; (3) bulk land sales to third parties of land we have decided no longer meets our development criteria; (4) sales of land parcels to third parties (typically because there is a superior economic use of the property); and (5) sales of commercial and retail properties generally located at our high-rise urban luxury condominium projects. In general, our performance obligation for each of these land sales is fulfilled upon the delivery of the land, which generally coincides with the receipt of cash consideration from the counterparty. For land sale transactions that contain repurchase options, revenues and related costs are not recognized until the repurchase option expires. In addition, when we sell land to a joint venture in which we retain an interest, we do not recognize revenue or gains on the sale to the extent of our retained interest in such joint venture. In fiscal 2024, we sold a parcel of land to a commercial developer for net cash proceeds of $180.7 million , which resulted in a pre-tax gain of $175.2 million during the year ended October 31, 2024. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Home sales revenues” in our Consolidated Statements of Operations and Comprehensive Income in the period in which the customer defaults on or cancels the contract and we determine that we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we may offer our home buyers sales incentives. These incentives will vary by type of incentive and by amount on a community-by-community and home-by-home basis. Incentives are reflected as a reduction in home sales revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds.
Advertising Cost [Policy Text Block]	Advertising Costs
Warranty Costs Policy [Text Block]	Warranty and Self-Insurance Warranty: We provide all of our home buyers with a limited warranty as to workmanship and mechanical equipment. We also provide many of our home buyers with a limited 10-year warranty as to structural integrity. We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical 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.
Self-insurance [Text Block]	Self-Insurance: We maintain, and require the majority of our subcontractors to maintain, general liability insurance (including construction defect and bodily injury coverage) and workers’ compensation insurance. These insurance policies protect us against a portion of our risk of loss from claims related to our home building activities, subject to certain self-insured retentions, deductibles and other coverage limits (“self-insured liability”). We also provide general liability insurance for our subcontractors in Arizona, California, Colorado, Nevada, Washington, and certain areas of Texas, where eligible subcontractors are enrolled as insureds under our general liability insurance policies in each community in which they perform work. For those enrolled subcontractors, we absorb their general liability associated with the work performed on our homes within the applicable community as part of our overall general liability insurance and our self-insured liability. We record expenses and liabilities based on the estimated costs required to cover our self-insured liability and the estimated costs of potential claims and claim adjustment expenses that are above our coverage limits or that are not covered by our insurance policies. These estimated costs are based on an analysis of our historical claims and industry data, and include an estimate of claims incurred but not yet reported (“IBNR”). We engage a third-party actuary that uses our historical claim and expense data, input from our internal legal and risk management groups, as well as industry data, to estimate our liabilities, on an undiscounted basis, related to unpaid claims, IBNR associated with the risks that we are assuming for our self-insured liability, and other required costs to administer current and expected claims. These estimates are subject to uncertainty due to a variety of factors, the most significant being the long period of time between the delivery of a home to a home buyer and when a structural warranty or construction defect claim may be made, and the ultimate resolution of the claim. Though state regulations vary, construction defect claims may be reported and resolved over a prolonged period of time, which can extend for 10 years or longer. As a result, the majority of the estimated liability relates to IBNR. Adjustments to our liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs. The projection of losses related to these liabilities requires actuarial assumptions that are subject to variability due to uncertainties regarding construction defect claims relative to our markets and the types of product we build, insurance industry practices, and legal or regulatory actions and/or interpretations, among other factors. Key assumptions used in these estimates include claim frequencies, severity, and settlement patterns, which can occur over an extended period of time. In addition, changes in the frequency and severity of reported claims and the estimates to settle claims can impact the trends and assumptions used in the actuarial analysis, which could be material to our consolidated financial statements. Due to the degree of judgment required, and the potential for variability in these underlying assumptions, our actual future costs could differ from those estimated, and the difference could be material to our consolidated financial statements.
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation We measure compensation cost for share-based compensation on the grant date. Fair value for restricted stock units is determined based on the quoted price of our common shares on the New York Stock Exchange on the grant date, adjusted for post-vesting restrictions applicable to retirement eligible participants. We used a lattice model for the valuation of our stock option grants. The option pricing models used are designed to estimate the value of options that, unlike employee stock options and restricted stock units, can be traded at any time and are transferable. In addition to restrictions on trading, employee stock options and restricted stock units may include other restrictions such as vesting periods. Further, such models require the input of highly subjective assumptions, including the expected volatility of the stock price.
Legal Costs, Policy [Policy Text Block]	Legal Expenses
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are recorded based on temporary differences between the amounts reported for financial reporting purposes and the amounts reported for income tax purposes. A valuation allowance must be established when, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. See “Income Taxes – Valuation Allowance” below. Federal and state income taxes are calculated on reported pre-tax earnings based on current tax law and also include, in the applicable period, the cumulative effect of any changes in tax rates from those used previously in determining deferred tax assets and liabilities. Such provisions differ from the amounts currently receivable or payable because certain items of income and expense are recognized for financial reporting purposes in different periods than for income tax purposes. Significant judgment is required in determining income tax provisions and evaluating tax positions. ASC 740, “Income Taxes” (“ASC 740”) clarifies the accounting for uncertainty in income taxes recognized and prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 requires a company to recognize the financial statement effect of a tax position when it is “more-likely-than-not” (defined as a substantiated likelihood of more than 50%), based on the technical merits of the position, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to be recognized in the financial statements based upon the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Our inability to determine that a tax position meets the more-likely-than-not recognition threshold does not mean that the Internal Revenue Service (“IRS”) or any other taxing authority will disagree with the position that we have taken. If a tax position does not meet the more-likely-than-not recognition threshold, despite our belief that our filing position is supportable, the benefit of that tax position is not recognized in the Consolidated Statements of Operations and Comprehensive Income and we are required to accrue potential interest and penalties until the uncertainty is resolved. Potential interest and penalties are recognized as a component of the provision for income taxes. Differences between amounts taken in a tax return and amounts recognized in the financial statements are considered unrecognized tax benefits. We believe that we have a reasonable basis for each of our filing positions and intend to defend those positions if challenged by the IRS or other taxing jurisdictions. If the IRS or other taxing authorities do not disagree with our position, and after the statute of limitations expires, we will recognize the unrecognized tax benefit in the period that the uncertainty of the tax position is eliminated.
Income Taxes - Valuation Allowance [Policy Text Block]	Income Taxes — Valuation Allowance We assess the need for valuation allowances for deferred tax assets in each period based on whether it is more-likely-than-not that some portion of the deferred tax asset would not be realized. If, based on the available evidence, it is more-likely-than-not that such asset will not be realized, a valuation allowance is established against a deferred tax asset. The realization of a deferred tax asset ultimately depends on the existence of sufficient taxable income in either the carryback or carryforward periods under tax law. This assessment considers, among other matters, the nature, consistency, and magnitude of current and cumulative income and losses; forecasts of future profitability; the duration of statutory carryback or carryforward periods; our experience with operating loss and tax credit carryforwards being used before expiration; tax planning alternatives; and outlooks for the U.S. housing industry and broader economy. Changes in existing tax laws or rates could also affect our actual tax results. Due to uncertainties in the estimation process, particularly with respect to changes in facts and circumstances in future reporting periods, actual results could differ from the estimates used in our assessment that could have a material impact on our consolidated results of operations or financial position.
Geographic Segment Reporting Policy [Text Block]	Segment Reporting During fiscal 2024 and 2023, we operated in the following five geographic segments, with operations generally located in the states listed below: • The North region: Connecticut, Delaware, Illinois, Massachusetts, Michigan, New Jersey, New York and Pennsylvania; • The Mid-Atlantic region: Georgia, Maryland, North Carolina, Tennessee and Virginia; • The South region: Florida, South Carolina and Texas; • The Mountain region: Arizona, Colorado, Idaho, Nevada and Utah; and • The Pacific region: California, Oregon and Washington. Our geographic reporting segments are consistent with how our chief operating decision makers are assessing operating performance and allocating capital.
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements In November 2024, the FASB issued ASU No. 2024-03, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses” (“ASU 2024-03”), which requires disclosure of certain costs and expenses on an interim and annual basis in the notes to the financial statements. ASU 2024-03 will be effective for our fiscal year 2028. The amendments in this update are to be applied on a prospective basis, with the option for retrospective application. Early adoption is permitted. We are currently evaluating the impact this standard will have on our disclosures. In November 2023, the FASB issued ASU No. 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items to reconcile to segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also expand the interim segment disclosure requirements. ASU 2023-07 will be effective for our fiscal year ending October 31, 2025 and for interim periods starting in our first quarter of fiscal 2026. Early adoption is permitted and the amendments in this update are required to be applied on a retrospective basis. We are currently evaluating the impact this standard will have on our disclosures. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023-09”), which requires expanded disclosure of our income tax rate reconciliation and income taxes paid. ASU 2023-09 will be effective for our fiscal year ending October 31, 2026 and may be applied either retrospectively or prospectively. We are currently evaluating the impact this standard will have on our disclosures. In March 2024, the SEC issued final rules on the enhancement and standardization of climate-related disclosures. The rules require disclosure of material climate-related risks; activities to mitigate or adapt to such risks; governance and management of such risks; and material greenhouse gas (GHG) emissions from operations owned or controlled (Scope 1) and/or indirect emissions from purchased energy consumed in operations (Scope 2). Additionally, the rules require disclosures in the notes to the financial statements of the effects of severe weather events and other natural conditions, subject to certain materiality thresholds. On March 15, 2024, a federal appellate court imposed a temporary stay pending judicial review of these new rules and on April 4, 2024, the SEC voluntarily stayed implementation pending completion of the judicial review. We are currently awaiting the outcome of the litigation or other actions the SEC may take with respect to this rule.
Reclassification, Comparability Adjustment	Reclassification Certain prior period amounts have been reclassified to conform to the fiscal 2024 presentation.

Inventory (Tables)

Inventory (Tables)	12 Months Ended
Inventory (Tables)	Oct. 31, 2024
Inventory Disclosure [Abstract]
Inventory	Major components of inventory at October 31, 2024 and 2023 consisted of the following (amounts in thousands): October 31, 2024 October 31, 2023 Land deposits and costs of future communities $ 620,040 $ 549,035 Land and land development costs 2,532,221 2,631,147 Land and land development costs associated with homes under construction 3,617,266 2,916,334 Total land and land development costs 6,769,527 6,096,516 Homes under construction 2,458,541 2,515,484 Model homes (1) 484,857 445,578 $ 9,712,925 $ 9,057,578 (1) Includes the allocated land and land development costs associated with each of our model homes in operation. The following table provides a summary of the composition of our inventory based on community status at October 31, 2024 and October 31, 2023 (amounts in thousands): October 31, 2024 October 31, Land controlled for future communities $ 200,166 $ 173,175 Land owned for future communities 353,030 663,413 Operating communities 9,159,729 8,220,990 $ 9,712,925 $ 9,057,578
Inventory impairment charges and expensing of costs that it is believed not to be recoverable	The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable, included in home sales cost of revenues, in each of the three fiscal years ended October 31, 2024, 2023, and 2022, are shown in the table below (amounts in thousands): 2024 2023 2022 Land controlled for future communities $ 6,676 $ 10,712 $ 13,051 Land owned for future communities — 1,493 19,690 Operating communities 52,765 18,501 — $ 59,441 $ 30,706 $ 32,741
Interest incurred, capitalized and expensed	Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2024, 2023, and 2022, was as follows (amounts in thousands): 2024 2023 2022 Interest capitalized, beginning of year $ 190,550 $ 209,468 $ 253,938 Interest incurred 128,743 140,426 135,029 Interest expensed to home sales cost of revenues (128,962) (139,410) (164,831) Interest expensed to land sales and other cost of revenues (3,142) (10,787) (5,788) Interest capitalized on investments in unconsolidated entities (8,404) (9,783) (6,699) Previously capitalized interest transferred to investments in unconsolidated entities — (244) (2,412) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 1,012 880 231 Interest capitalized, end of year $ 179,797 $ 190,550 $ 209,468

Investments in Unconsolidated_2

Investments in Unconsolidated Entities (Tables)	12 Months Ended
Investments in Unconsolidated Entities (Tables)	Oct. 31, 2024
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Summary of Joint Venture Information [Table Text Block]	The table below provides information as of October 31, 2024, regarding active joint ventures that we were invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Other Total Number of unconsolidated entities 16 2 40 2 60 Investment in unconsolidated entities (1) $ 388,550 $ 58,403 $ 549,195 $ 11,269 $ 1,007,417 Number of unconsolidated entities with funding commitments by the Company 6 — 20 1 27 Company’s remaining funding commitment to unconsolidated entities (2) $ 242,966 $ — $ 65,444 $ 4,427 $ 312,837 (1) Our total investment includes $158.0 million related to eight unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $369.8 million as of October 31, 2024, inclusive of our investment in these joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $109.6 million related to our unconsolidated joint venture-related variable interests in VIEs. The table below provides information as of October 31, 2023, regarding active joint ventures that we were invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Other Total Number of unconsolidated entities 16 2 43 3 64 Investment in unconsolidated entities (1) $ 351,154 $ 65,285 $ 531,823 $ 10,779 $ 959,041 Number of unconsolidated entities with funding commitments by the Company 9 — 19 1 29 Company’s remaining funding commitment to unconsolidated entities (2) $ 204,438 $ — $ 184,266 $ 12,066 $ 400,770 (1) Our total investment includes $121.6 million related to 11 unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $329.3 million as of October 31, 2023, inclusive of our investment in joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $105.4 million related to our unconsolidated joint venture-related variable interests in VIEs.
Summary of Joint Ventures Borrowing information [Table Text Block]	Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2024, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 11 1 38 50 Aggregate loan commitments $ 639,589 $ 98,150 $ 3,538,148 $ 4,275,887 Amounts borrowed under commitments $ 381,614 $ 47,903 $ 2,751,201 $ 3,180,718 The table below provides information at October 31, 2023, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 12 2 42 56 Aggregate loan commitments $ 610,758 $ 219,650 $ 3,731,847 $ 4,562,255 Amounts borrowed under commitments $ 445,506 $ 135,723 $ 2,152,872 $ 2,734,101
New joint venture formations	The table below provides information on joint ventures entered into during fiscal 2024 ($ amounts in thousands): Land Development Joint Ventures Number of unconsolidated joint ventures entered into during the period 1 Investment balance at October 31, 2024 $ 17,956 The table below provides information on joint ventures entered into during fiscal 2023 ($ amounts in thousands): Land Development Joint Ventures Rental Property Joint Ventures Number of unconsolidated joint ventures entered into during the period 1 5 Investment balance at October 31, 2023 $ 14,867 $ 59,567 Number of consolidated joint ventures entered into during the period — 1 Carrying value of consolidated joint ventures’ assets at October 31, 2023 $ — $ 10,600 Noncontrolling interests in consolidated joint ventures at October 31, 2023 $ — $ 2,700
Summary of Unconsolidated Entities Debt Obligations, Loan Commitments and Guarantees	Information with respect to certain of the Company’s unconsolidated entities’ outstanding debt obligations, loan commitments and our guarantees thereon are as follows ($ amounts in thousands): October 31, 2024 October 31, 2023 Loan commitments in the aggregate $ 3,031,500 $ 3,341,700 Our maximum estimated exposure under repayment and carry cost guarantees if the full amount of the debt obligations were borrowed (1) $ 646,900 $ 688,000 Debt obligations borrowed in the aggregate $ 2,204,300 $ 1,643,600 Our maximum estimated exposure under repayment and carry cost guarantees of the debt obligations borrowed $ 560,400 $ 544,100 Estimated fair value of guarantees provided by us related to debt and other obligations $ 17,400 $ 19,500 Terms of guarantees 1 month - 3.0 years 1 month - 4.0 years (1) At October 31, 2024 and 2023, our maximum estimated exposure under repayment and carry cost guarantees includes approximately $102.3 million, related to our unconsolidated joint venture VIEs.
Consolidated Joint Venture Related Variable Interest Entities	($ amounts in thousands): Balance Sheet Classification October 31, 2024 October 31, 2023 Number of Joint Venture VIEs that the Company is the primary beneficiary and consolidates 5 5 Carrying value of consolidated VIEs assets Receivables, prepaid expenses and other assets and Investments in unconsolidated entities $ 105,300 $ 89,600 Our partners’ interests in consolidated VIEs Noncontrolling interest $ 9,800 $ 10,200 Our ownership interest in the above consolidated Joint Venture VIEs ranges from 75% to 98%. The income/losses generated from such joint ventures were not material.
Condensed balance sheet aggregated by type of business	Condensed Combined Balance Sheets: October 31, 2024 Land Develop- Home Rental Property Joint Ventures Other Total Cash and cash equivalents $ 111,910 $ 34,187 $ 58,925 $ 942 $ 205,964 Inventory 1,082,597 128,913 — 27,164 1,238,674 Loan receivables, net — — — 26,171 26,171 Rental properties — — 2,916,210 — 2,916,210 Rental properties under development — — 1,544,266 — 1,544,266 Other assets 305,844 25,615 203,276 976 535,711 Total assets $ 1,500,351 $ 188,715 $ 4,722,677 $ 55,253 $ 6,466,996 Debt, net of deferred financing costs $ 379,829 $ 47,580 $ 2,735,319 $ — $ 3,162,728 Other liabilities 189,767 12,028 299,201 14,497 515,493 Members’ equity 930,755 129,107 1,688,157 40,756 2,788,775 Total liabilities and equity $ 1,500,351 $ 188,715 $ 4,722,677 $ 55,253 $ 6,466,996 Company’s net investment in unconsolidated entities (1) $ 388,550 $ 58,403 $ 549,195 $ 11,269 $ 1,007,417 October 31, 2023 Land Develop- Home Rental Property Joint Ventures Other Total Cash and cash equivalents $ 83,330 $ 14,124 $ 62,734 $ 1,086 $ 161,274 Inventory 1,112,382 277,438 — 35,325 1,425,145 Loan receivables, net — — — 17,024 17,024 Rental properties — — 1,907,604 — 1,907,604 Rental properties under development — — 1,804,664 — 1,804,664 Other assets 210,831 15,961 157,481 924 385,197 Total assets $ 1,406,543 $ 307,523 $ 3,932,483 $ 54,359 $ 5,700,908 Debt, net of deferred financing costs $ 445,123 $ 134,427 $ 2,132,436 $ — $ 2,711,986 Other liabilities 131,798 32,625 312,691 21,752 498,866 Members’ equity 829,622 140,471 1,487,356 32,607 2,490,056 Total liabilities and equity $ 1,406,543 $ 307,523 $ 3,932,483 $ 54,359 $ 5,700,908 Company’s net investment in unconsolidated entities (1) $ 351,154 $ 65,285 $ 531,823 $ 10,779 $ 959,041 (1) Our underlying equity in the net assets of the unconsolidated entities was more than our net investment in unconsolidated entities by $3.0 million and $40.9 million as of October 31, 2024 and 2023, respectively, and these differences are primarily a result of interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; distributions from entities in excess of the carrying amount of our net investment; unrealized gains on our retained joint venture interests; other than temporary impairments we have recognized; and gains recognized from the sale of our ownership interests.
Condensed statements of operations aggregate by type of business	Condensed Combined Statements of Operations and Comprehensive Income: For the year ended October 31, 2024 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 269,545 $ 252,415 $ 273,353 $ 57,663 $ 852,976 Cost of revenues 200,939 193,533 120,787 51,054 566,313 Other expenses 11,943 11,990 269,785 1,368 295,086 Total expenses 212,882 205,523 390,572 52,422 861,399 Income (loss) from operations 56,663 46,892 (117,219) 5,241 (8,423) Other income (loss) (2) 9,478 (176) 162,885 3,026 175,213 Income before income taxes 66,141 46,716 45,666 8,267 166,790 Income tax provision 268 37 291 — 596 Net income $ 65,873 $ 46,679 $ 45,375 $ 8,267 $ 166,194 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 10,724 $ (6,324) $ (30,339) $ 2,096 $ (23,843) For the year ended October 31, 2023 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 240,365 $ 38,124 $ 238,651 $ 28,221 $ 545,361 Cost of revenues 196,924 26,583 85,328 21,031 329,866 Other expenses 13,261 7,201 233,734 1,053 255,249 Total expenses 210,185 33,784 319,062 22,084 585,115 Income (loss) from operations 30,180 4,340 (80,411) 6,137 (39,754) Other income (2) 2,500 205 102,865 241 105,811 Income before income taxes 32,680 4,545 22,454 6,378 66,057 Income tax provision (benefit) 214 367 (940) — (359) Net income $ 32,466 $ 4,178 $ 23,394 $ 6,378 $ 66,416 Company’s equity in earnings of unconsolidated entities (3) $ 13,178 $ 972 $ 34,327 $ 1,621 $ 50,098 For the year ended October 31, 2022 Land Develop- Home Rental Property Joint Ventures Other Total Revenues $ 207,179 $ 60,902 $ 192,901 $ 37,705 $ 498,687 Cost of revenues 172,921 45,087 65,387 26,229 309,624 Other expenses 8,911 4,717 165,447 1,436 180,511 Total expenses 181,832 49,804 230,834 27,665 490,135 Loss on disposition of loans and REO — — — (113) (113) Income (loss) from operations 25,347 11,098 (37,933) 9,927 8,439 Other income (2) 23,292 804 36,805 — 60,901 Income (loss) before income taxes 48,639 11,902 (1,128) 9,927 69,340 Income tax provision (benefit) 348 508 (607) — 249 Net income (loss) 48,291 11,394 (521) 9,927 69,091 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 20,402 $ 1,068 $ (335) $ 2,588 $ 23,723 (2) Other income generated by Rental Property Joint Ventures for the years ending October 31, 2024, 2023, and 2022 include gains of $176.1 million, $106.2 million, and $29.9 million related to the sale of assets by multiple Rental Property Joint Ventures. (3) Differences between our income (loss) from unconsolidated entities and our percentage interest in the underlying net income (loss) of the entities are primarily a result of distributions from entities in excess of the carrying amount of our investment; promote earned on the gains recognized by join ventures and those promoted cash flows being distributed; other than temporary impairments we have recognized; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; gains recognized from the sale of our investment to our joint venture partner; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.

Receivables, Prepaid Expenses_2

Receivables, Prepaid Expenses and Other Assets (Tables)	12 Months Ended
Receivables, Prepaid Expenses and Other Assets (Tables)	Oct. 31, 2024
Receivables, prepaid expenses and other assets [Abstract]
Receivables, prepaid expenses, and other assets [Table Text Block]	Receivables, prepaid expenses, and other assets at October 31, 2024 and 2023, consisted of the following (amounts in thousands): 2024 2023 Expected recoveries from insurance carriers and others $ 109,569 $ 94,987 Improvement cost receivable 41,173 40,992 Escrow cash held by our wholly owned captive title company 62,048 44,273 Properties held for rental apartment and commercial development 116,802 225,261 Prepaid expenses 40,432 43,763 Right-of-use asset 108,311 102,787 Derivative assets 18,398 41,612 Other 93,878 97,581 $ 590,611 $ 691,256

Loans Payable, Senior Notes, _2

Loans Payable, Senior Notes, and Mortgage Company Loan Facility (Tables)	12 Months Ended
	Oct. 31, 2024
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	At October 31, 2024 and 2023, loans payable consisted of the following (amounts in thousands): 2024 2023 Senior unsecured term loan $ 650,000 $ 650,000 Loans payable – other 437,969 517,378 Deferred issuance costs (2,152) (3,154) $ 1,085,817 $ 1,164,224
Schedule of Loans Payable [Table Text Block]	Information regarding our loans payable at October 31, 2024 and 2023, is included in the table below ($ amounts in thousands): 2024 2023 Aggregate loans payable at October 31 $ 437,969 $ 517,378 Weighted-average interest rate 5.73 % 5.25 % Interest rate range 1.00% - 9.00% 0.38% - 9.00% Loans secured by assets: Carrying value of loans secured by assets $ 437,256 $ 516,186 Carrying value of assets securing loans $ 1,326,440 $ 1,416,034 The contractual maturities of “Loans payable – other” as of October 31, 2024, ranged from one day to 28.9 years.
Schedule of Debt Instrument [Table Text Block]	At October 31, 2024 and 2023, senior notes consisted of the following (amounts in thousands): 2024 2023 4.875% Senior Notes due November 15, 2025 $ 350,000 $ 350,000 4.875% Senior Notes due March 15, 2027 450,000 450,000 4.35% Senior Notes due February 15, 2028 400,000 400,000 3.80% Senior Notes due November 1, 2029 400,000 400,000 Bond discounts, premiums, and deferred issuance costs - net (2,898) (3,815) $ 1,597,102 $ 1,596,185
Schedule of Maturities of Long-term Debt [Table Text Block]	As of October 31, 2024, the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2025 $ 350,496 2026 $ 591,199 2027 $ 554,131 2028 $ 897,988 2029 $ 409,820

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
Accrued Expenses (Tables)	Oct. 31, 2024
Payables and Accruals [Abstract]
Accrued expenses	Accrued expenses at October 31, 2024 and 2023, consisted of the following (amounts in thousands): 2024 2023 Land, land development and construction $ 356,613 $ 286,516 Liabilities related to consolidated inventory not owned 388,778 268,630 Compensation and employee benefits 208,394 212,684 Escrow liability associated with our wholly owned captive title company 62,038 42,451 Self-insurance 242,306 230,688 Warranty 189,258 206,171 Lease liabilities 128,588 123,866 Deferred income 51,138 52,907 Interest 29,669 30,044 Commitments to unconsolidated entities 38,661 29,212 Other 57,405 65,612 $ 1,752,848 $ 1,548,781
Changes in the warranty accrual	The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Balance, beginning of year $ 206,171 $ 164,409 $ 145,062 Additions - homes closed during the year 36,186 44,949 42,423 Addition - liabilities assumed in an asset acquisition — — 150 Increase in accruals for homes closed in prior years - net 3,150 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.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Oct. 31, 2024
Income Tax Disclosure [Abstract]
Reconciliation of Company's effective tax rate from federal statutory rate	The following table provides a reconciliation of our effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2024, 2023, and 2022 ($ amounts in thousands): 2024 2023 2022 $ %* $ %* $ %* Federal tax provision at statutory rate 437,984 21.0 386,898 21.0 357,782 21.0 State tax provision, net of federal benefit 103,880 5.0 90,698 4.9 75,465 4.4 Other permanent differences 2,737 0.1 (2,782) (0.2) 4,386 0.3 Reversal of accrual for uncertain tax positions (2,132) (0.1) (621) — (1,690) (0.1) Accrued interest on anticipated tax assessments 1,418 0.1 403 — 234 — Increase in unrecognized tax benefits 2,556 0.1 2,209 0.1 658 — Excess stock compensation benefit (17,546) (0.8) (7,320) (0.4) (3,012) (0.2) Energy tax credits (68) — (2,348) (0.1) (22,153) (1.3) Other (14,384) (0.7) 3,163 0.2 5,556 0.3 Income tax provision* 514,445 24.7 470,300 25.5 417,226 24.5 * Due to rounding, percentages may not add
Schedule of Components of Income Tax Expense (Benefit)	The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Federal $ 425,445 $ 385,650 $ 343,524 State 89,000 84,650 73,702 $ 514,445 $ 470,300 $ 417,226 Current $ 594,775 $ 433,837 $ 513,075 Deferred (80,330) 36,463 (95,849) $ 514,445 $ 470,300 $ 417,226
Schedule of Components of Income Taxes Payable	The components of income taxes payable at October 31, 2024 and 2023 are set forth below (amounts in thousands): 2024 2023 Current $ 37,905 $ 5,978 Deferred 76,642 160,290 $ 114,547 $ 166,268
Schedule of Unrecognized Tax Benefits Roll Forward	The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Balance, beginning of year $ 10,512 $ 4,922 $ 5,780 Increase in benefit as a result of tax positions taken in prior years 8,650 3,633 296 Increase in benefit as a result of tax positions taken in current year 3,142 2,733 833 Decrease in benefit as a result of settlements (1,782) — — Decrease in benefit as a result of lapse of statute of limitations (493) (776) (1,987) Balance, end of year $ 20,029 $ 10,512 $ 4,922
Tax Benefits potential interest and penalties	The following table provides information as to the amounts recognized in our tax provision, before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the fiscal years ended October 31, 2024, 2023, and 2022, and the amounts accrued for potential interest and penalties at October 31, 2024 and 2023 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2024 $ 785 2023 $ 332 2022 $ 296 Accrued at: October 31, 2024 $ 1,728 October 31, 2023 $ 1,259
Schedule of Deferred Tax Assets and Liabilities	The components of net deferred tax assets and liabilities at October 31, 2024 and 2023 are set forth below (amounts in thousands): 2024 2023 Deferred tax assets: Accrued expenses $ 61,353 $ 48,088 Impairment charges 23,074 25,005 Inventory valuation differences 44,307 20,690 Stock-based compensation expense 11,966 12,603 Amounts related to unrecognized tax benefits 4,130 1,385 State tax, net operating loss carryforwards 4,285 11,129 Other 117 1,709 Total assets 149,232 120,609 Deferred tax liabilities: Capitalized interest 20,634 22,909 Deferred income 171,954 223,225 Expenses taken for tax purposes not for book 2,304 3,143 Depreciation 13,681 14,484 Deferred marketing 17,301 17,138 Total liabilities 225,874 280,899 Net deferred tax liabilities $ (76,642) $ (160,290)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
Stockholders' Equity (Tables)	Oct. 31, 2024
Stockholders' Equity Note [Abstract]
Stock repurchase program	The following table provides information about the share repurchase programs for the fiscal years ended October 31, 2024, 2023, and 2022: 2024 2023 2022 Number of shares purchased (in thousands) 4,914 7,860 11,000 Average price per share (1) $ 127.79 $ 72.00 $ 49.34 Remaining authorization at October 31 (in thousands) 15,087 6,716 14,577
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The changes in each component of accumulated other comprehensive income (loss) (“AOCI”), for fiscal years ended October 31, 2024, 2023, and 2022, were as follows (amounts in thousands): 2024 2023 2022 Employee Retirement Plans Beginning balance $ 3,080 $ 2,475 $ (6,024) Gains (losses) arising during the period (2,314) 736 9,573 Less: Tax expense (benefit) 593 (199) (2,424) Net gains (losses) arising during the period (1,721) 537 7,149 Net (gains) losses reclassified from AOCI to net income (1) (457) 92 1,805 Less: Tax (expense) benefit (2) 116 (24) (455) Net (losses) gains reclassified from AOCI to net income (341) 68 1,350 Other comprehensive (loss) income, net of tax (2,062) 605 8,499 Ending balance $ 1,018 $ 3,080 $ 2,475 Derivative Instruments Beginning balance $ 37,830 $ 35,143 $ 7,133 Gains on derivative instruments 515 8,369 37,539 Less: Tax expense (472) (2,110) (9,505) Net gains on derivative instruments 43 6,259 28,034 (Losses) gains reclassified from AOCI to net income (3) (10,695) (4,784) (32) Less: Tax benefit (expense) (2) 3,081 1,212 8 Net (losses) gains reclassified from AOCI to net income (7,614) (3,572) (24) Other comprehensive (loss) income, net of tax (7,571) 2,687 28,010 Ending balance $ 30,259 $ 37,830 $ 35,143 Total AOCI ending balance $ 31,277 $ 40,910 $ 37,618 (1) Reclassified to “Other income – net” (2) Reclassified to “Income tax provision” (3) Reclassified to “Cost of revenues – home sales”

Stock-Based Benefit Plans (Tabl

Stock-Based Benefit Plans (Tables)	12 Months Ended
Stock-Based Benefit Plans (Tables)	Oct. 31, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	The following table provides information regarding the amount of total stock-based compensation expense recognized by us for fiscal year 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Total stock-based compensation expense recognized $ 29,558 $ 24,805 $ 21,095 Income tax benefit recognized $ 7,555 $ 6,291 $ 5,312
Vesting Based On Performance [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	A summary of the status of our nonvested Performance-Based RSUs as of October 31, 2024, and changes during the year ended October 31, 2024, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2023 253 $ 41.60 Granted 67 $ 82.97 Vested (114) $ 42.70 Nonvested at October 31, 2024 206 $ 54.51
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The following table provides information regarding the issuance, valuation assumptions, and amortization of the Performance-Based RSUs issued in fiscal 2024, 2023, and 2022: 2024 2023 2022 Estimated number of shares underlying Performance-Based RSUs to be issued 67,499 126,068 71,576 Aggregate number of Performance-Based RSUs outstanding at October 31 346,630 442,961 507,604 Weighted-average fair value per share of Performance-Based RSUs issued $ 33.98 $ 34.70 $ 45.41 Aggregate grant date fair value of Performance-Based RSUs issued (in thousands) $ 5,795 $ 7,244 $ 6,156 Performance-Based RSU expense recognized (in thousands) $ 6,713 $ 5,838 $ 4,346 Fair market value of Performance-Based RSUs vested (in thousands) $ 4,864 $ 5,595 $ 4,514
Vesting Based On Service [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	A summary of our nonvested Time-Based RSUs as of October 31, 2024, and changes during the year ended October 31, 2024, is presented below (share amounts in thousands): Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2023 1,015 $ 50.64 Granted 240 $ 94.13 Vested (374) $ 46.47 Forfeited (22) $ 66.53 Nonvested at October 31, 2024 859 $ 64.20
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The following table provides additional information on the Time-Based RSUs for fiscal 2024, 2023, and 2022: 2024 2023 2022 Time-Based RSUs issued: Number of Time-Based RSUs issued 372,973 324,399 276,421 Weighted-average fair value per share of Time-Based RSUs issued $ 39.58 $ 34.26 $ 45.55 Aggregate fair value of Time-Based RSUs issued (in thousands) $ 14,761 $ 11,114 $ 12,591 Time-Based RSU expense recognized (in thousands): $ 22,365 $ 18,340 $ 15,738 Fair market value of Time-Based RSUs vested (in thousands): $ 17,378 $ 14,592 $ 13,925 2024 2023 2022 At October 31: Aggregate number of Time-Based RSUs outstanding 1,344,851 1,500,097 1,315,303 Cumulative unamortized value of Time-Based RSUs (in thousands) $ 21,587 $ 22,836 $ 14,902

Earnings Per Share Information

Earnings Per Share Information (Tables)	12 Months Ended
Earnings Per Share Information (Tables)	Oct. 31, 2024
Earnings Per Share [Abstract]
Calculation of income per share	Information pertaining to the calculation of earnings per share for each of the fiscal years ended October 31, 2024, 2023, and 2022, is as follows (amounts in thousands): 2024 2023 2022 Numerator: Net income as reported $ 1,571,195 $ 1,372,071 $ 1,286,500 Denominator: Basic weighted-average shares 103,653 110,020 116,771 Common stock equivalents (1) 1,037 988 1,204 Diluted weighted-average shares 104,690 111,008 117,975 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 39 200 410 Shares issued under stock incentive and employee stock purchase plans 910 2,026 507 (1) Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued upon the conversion of restricted stock units under our equity award programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
Fair Value Disclosures (Tables)	Oct. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Summary of assets and (liabilities), measured at fair value on a recurring basis	A summary of assets and (liabilities) at October 31, 2024 and 2023, related to our financial instruments, measured at fair value on a recurring basis, is set forth below (amounts in thousands): Fair value Financial Instrument Fair value hierarchy October 31, 2024 October 31, 2023 Mortgage Loans Held for Sale Level 2 $ 191,242 $ 110,555 Forward Loan Commitments – Mortgage Loans Held for Sale Level 2 $ 2,152 $ 2,234 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (962) $ (4,135) Forward Loan Commitments – IRLCs Level 2 $ 962 $ 4,135 Interest Rate Swap Contracts Level 2 $ 15,283 $ 35,243
Aggregate unpaid principal and fair value of mortgage loans held for sale	The table below provides, for the periods indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale as of the date indicated (amounts in thousands): At October 31, Aggregate unpaid Fair value Fair value greater (less) than principal balance 2024 $ 193,333 $ 191,242 $ (2,091) 2023 $ 114,835 $ 110,555 $ (4,280)
Book value and estimated fair value of the Company's debt	The table below provides, as of the dates indicated, the book value, excluding any bond discounts, premiums, and deferred issuance costs, and estimated fair value of our debt at October 31, 2024 and 2023 (amounts in thousands): 2024 2023 Fair value hierarchy Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,087,969 $ 1,069,577 $ 1,167,378 $ 1,150,704 Senior notes (2) Level 1 1,600,000 1,572,580 1,600,000 1,481,220 Mortgage company loan facility (3) Level 2 150,000 150,000 100,058 100,058 $ 2,837,969 $ 2,792,157 $ 2,867,436 $ 2,731,982 (1) The estimated fair value of loans payable was based upon contractual cash flows discounted at interest rates that we believed were available to us for loans with similar terms and remaining maturities as of the applicable valuation date. (2) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (3) We believe that the carrying value of our mortgage company loan borrowings approximates their fair value.

Employee Retirement and Defer_2

Employee Retirement and Deferred Compensation Plans (Tables)	12 Months Ended
	Oct. 31, 2024
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	Information related to our retirement plans for each of the fiscal years ended October 31, 2024, 2023, and 2022, is as follows (amounts in thousands): 2024 2023 2022 Plan costs: Service cost $ 179 $ 137 $ 261 Interest cost 1,982 1,869 1,055 Amortization of prior service cost 1,182 1,407 1,806 Amortization of unrecognized losses (1,638) (1,316) — $ 1,705 $ 2,097 $ 3,122 Projected benefit obligation: Beginning of year $ 35,376 $ 36,904 $ 47,705 Plan amendments adopted during year 405 1,171 — Service cost 179 137 261 Interest cost 1,982 1,869 1,055 Benefit payments (2,818) (2,748) (2,544) Change in unrecognized loss (gain) 1,910 (1,957) (9,573) Projected benefit obligation, end of year $ 37,034 $ 35,376 $ 36,904 Unamortized prior service cost: Beginning of year $ 3,442 $ 3,678 $ 5,484 Plan amendments adopted during year 405 1,171 — Amortization of prior service cost (1,182) (1,407) (1,806) Unamortized prior service cost, end of year $ 2,665 $ 3,442 $ 3,678 Accumulated unrecognized gain, October 31 $ 4,378 $ 7,926 $ 7,285 Accumulated benefit obligation, October 31 $ 37,034 $ 35,376 $ 36,904 Accrued benefit obligation, October 31 $ 37,034 $ 35,376 $ 36,904
Schedule of Expected Benefit Payments	The table below provides, based upon the estimated retirement dates of the participants in the retirement plans, the amounts of benefits we would be required to pay in each of the next five fiscal years and for the five fiscal years ended October 31, 2034 in the aggregate (in thousands): Year ending October 31, Amount 2025 $ 2,858 2026 $ 3,469 2027 $ 3,668 2028 $ 3,647 2029 $ 3,685 November 1, 2029 – October 31, 2034 $ 16,336

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Oct. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Company purchase commitments	Information regarding our land purchase contracts at October 31, 2024 and 2023, is provided in the table below (amounts in thousands): 2024 2023 Aggregate purchase price: Unrelated parties $ 6,073,847 $ 4,191,160 Unconsolidated entities that the Company has investments in 26,783 31,477 Total $ 6,100,630 $ 4,222,637 Deposits against aggregate purchase price $ 549,195 $ 449,925 Additional cash required to acquire land 5,551,435 3,772,712 Total $ 6,100,630 $ 4,222,637 Amount of additional cash required to acquire land included in accrued expenses $ 382,277 $ 254,030
Company mortgage commitments	Information regarding our mortgage commitments at October 31, 2024 and 2023, is provided in the table below (amounts in thousands): 2024 2023 Aggregate mortgage loan commitments: IRLCs $ 168,829 $ 354,716 Non-IRLCs 1,668,455 1,818,486 Total $ 1,837,284 $ 2,173,202 Investor commitments to purchase: IRLCs $ 168,829 $ 354,716 Mortgage loans receivable 182,834 104,703 Total $ 351,663 $ 459,419
Lessee, Operating Lease, Liability, to be Paid, Maturity	Information regarding our remaining lease payments as of October 31, 2024 is provided in the table below (amounts in thousands): Year ended October 31, 2025 $ 25,000 2026 23,100 2027 19,400 2028 16,100 2029 11,800 Thereafter 138,600 Total lease payments (1) 234,000 Less: Interest (2) 105,400 Present value of lease liabilities $ 128,600 (1) Lease payments include options to extend lease terms that are reasonably certain of being exercised. (2) Our leases do not provide a readily determinable implicit rate. Therefore, we estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date.

Other Income - Net (Tables)

Other Income - Net (Tables)	12 Months Ended
Other Income - Net (Tables)	Oct. 31, 2024
Other Income and Expenses [Abstract]
Other Income - net [Table Text Block]	The table below provides the significant components of “Other income – net” for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Interest income $ 38,497 $ 35,133 $ 6,180 Income from ancillary businesses 19,534 2,846 24,668 Management fee income earned by home building operations 4,297 4,462 7,968 Gain on litigation settlements – net — 27,683 141,234 Other 6,968 (2,606) (8,673) Total other income – net $ 69,296 $ 67,518 $ 171,377
Revenues and Expenses of Non Core Ancillary Businesses [Table Text Block]	The table below provides revenues and expenses for these ancillary businesses for the years ended October 31, 2024, 2023, and 2022 (amounts in thousands): 2024 2023 2022 Revenues $ 165,615 $ 140,272 $ 135,510 Expenses $ 146,081 $ 137,426 $ 110,842

Information on Segments (Tables

Information on Segments (Tables)	12 Months Ended
Information on Segments (Tables)	Oct. 31, 2024
Segment Reporting [Abstract]
Revenue, land sales and other revenue, income (loss) before income taxes and total assets [Table Text Block]	The table below summarizes revenue and income (loss) before income taxes for our segments for each of the fiscal years ended October 31, 2024, 2023, and 2022 (amounts in thousands): Revenue Income (loss) before income taxes 2024 2023 2022 2024 2023 2022 North $ 1,484,267 $ 1,494,127 $ 1,853,720 $ 252,739 $ 197,414 $ 280,829 Mid-Atlantic 1,422,018 1,175,348 1,148,966 471,478 243,464 189,485 South 2,787,459 2,204,763 1,519,600 578,022 416,711 249,665 Mountain 2,590,445 2,660,746 2,747,783 446,168 517,080 509,512 Pacific 2,279,083 2,329,365 2,441,959 541,789 610,126 572,844 Total home building 10,563,272 9,864,349 9,712,028 2,290,196 1,984,795 1,802,335 Corporate and other (1) 60 1,677 (858) (204,556) (142,424) (98,609) 10,563,332 9,866,026 9,711,170 2,085,640 1,842,371 1,703,726 Land sales and other revenue (2) 283,408 128,911 564,388 Total consolidated $ 10,846,740 $ 9,994,937 $ 10,275,558 $ 2,085,640 $ 1,842,371 $ 1,703,726 (1) Included in fiscal 2022 is a $141.2 million net gain related to a favorable litigation settlement as further discussed in Note 15, “Other Income - Net”. (2) Land sales and other revenues by segment has been provided in the table below. “Corporate and other” is comprised principally of general corporate expenses such as our executive offices; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including our apartment rental development business and our high-rise urban luxury condominium operations; and income from our Rental Property Joint Ventures and Other Joint Ventures. Land sales and other revenues for each of the fiscal years ended October 31, 2024, 2023, and 2022 are shown in the table below (amounts in thousands): 2024 2023 2022 North $ 4,486 $ 32,620 $ 139,439 Mid-Atlantic (1) 208,436 13,169 38,423 South 25,930 19,014 24,415 Mountain 28,277 1,140 8,897 Pacific 1,365 8,705 30,900 Total home building 268,494 74,648 242,074 Corporate and other 14,914 54,263 322,314 Total consolidated $ 283,408 $ 128,911 $ 564,388 (1) Included in the year ended October 31, 2024 is a $185.0 million land sale to a commercial developer in February 2024, which is further discussed in Note 1, “Significant Accounting Policies”. “Corporate and other” is comprised principally of activities from our apartment rental development business. Total assets for each of our segments at October 31, 2024 and 2023, are shown in the table below (amounts in thousands): 2024 2023 North $ 1,425,738 $ 1,281,479 Mid-Atlantic 1,444,951 1,323,381 South 2,514,446 2,399,055 Mountain 2,950,806 2,666,874 Pacific 2,266,829 2,175,776 Total home building 10,602,770 9,846,565 Corporate and other 2,765,162 2,680,453 Total consolidated $ 13,367,932 $ 12,527,018 “Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, manufacturing facilities, our apartment rental development operations, and our mortgage and title subsidiaries.
Schedule of inventory, by segment [Table Text Block]	Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands): Land controlled for future communities Land owned for future communities Operating communities Total Balances at October 31, 2024 North $ 30,597 $ 38,920 $ 1,169,490 $ 1,239,007 Mid-Atlantic 51,400 50,762 1,297,021 1,399,183 South 43,571 89,145 2,100,079 2,232,795 Mountain 10,868 94,103 2,705,213 2,810,184 Pacific 63,730 80,100 1,887,926 2,031,756 Total consolidated $ 200,166 $ 353,030 $ 9,159,729 $ 9,712,925 Balances at October 31, 2023 North $ 32,762 $ 31,253 $ 1,031,625 $ 1,095,640 Mid-Atlantic 34,175 135,042 1,089,270 1,258,487 South 40,335 198,467 1,908,468 2,147,270 Mountain 12,443 129,326 2,426,113 2,567,882 Pacific 53,460 169,325 1,765,514 1,988,299 Total consolidated $ 173,175 $ 663,413 $ 8,220,990 $ 9,057,578
Schedule of inventory impairments, by segment [Table Text Block]	The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the years ended October 31, 2024, 2023, and 2022, are shown in the table below (amounts in thousands): 2024 2023 2022 North $ 1,098 $ 677 $ 11,860 Mid-Atlantic 15,214 15,898 3,369 South 3,404 1,766 3,391 Mountain 26,032 5,662 4,091 Pacific 13,693 6,703 10,030 Total consolidated $ 59,441 $ 30,706 $ 32,741 In the year ended October 31, 2024, we recognized $4.4 million of land impairment charges included in land sales and other cost of revenues, of which $0.6 million and $3.8 million were in our Mid-Atlantic and Corporate and other segments, respectively. In the year ended October 31, 2023 we recognized $30.6 million of land impairment charges included in land sales and other cost of revenues, of which $15.6 million, $10.3 million, $2.2 million, and $2.5 million were in our North, Mid-Atlantic, Pacific and Corporate and other segments, respectively. In the year ended October 31, 2022 we recognized $6.8 million of land impairment charges included in land sales and other cost of revenues in our North segment.
Schedule of investments in unconsolidated entities and equity in earnings (losses) from unconsolidated entities, by segment [Table Text Block]	The net carrying value of our investments in unconsolidated entities and our equity in earnings (losses) from such investments, for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): Investments in unconsolidated entities Equity in earnings (losses) from At October 31, Year ended October 31, 2024 2023 2024 2023 2022 North $ 58,403 $ 65,285 $ (6,324) $ 972 $ 1,068 Mid-Atlantic 12,647 19,807 (243) 283 (405) South 168,042 169,004 10,590 13,520 20,065 Mountain 74,909 61,363 688 (211) 494 Pacific 132,952 100,980 (311) (414) 248 Total home building 446,953 416,439 4,400 14,150 21,470 Corporate and other 560,464 542,602 (28,243) 35,948 2,253 Total consolidated $ 1,007,417 $ 959,041 $ (23,843) $ 50,098 $ 23,723 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and Other Joint Ventures.

Supplemental Disclosure to St_2

Supplemental Disclosure to Statements of Cash Flows (Tables)	12 Months Ended
	Oct. 31, 2024
Supplemental Cash Flow Elements [Abstract]
Supplemental disclosures to the consolidated statements of cash flows	The following are supplemental disclosures to the Consolidated Statements of Cash Flows for each of the fiscal years ended October 31, 2024, 2023 and 2022 (amounts in thousands): 2024 2023 2022 Cash flow information: Income tax paid - net $ 550,077 $ 584,695 $ 350,650 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses - net $ 186,714 $ 359,042 $ 273,893 Transfer of inventory to investment in unconsolidated entities $ 4,167 $ 1,000 $ 46,019 Transfer of investment in unconsolidated entities to inventory $ 9,049 $ 1,675 $ 474 Transfer of other assets to investment in unconsolidated entities, net $ — $ 47,780 $ 100,123 Transfer of other assets to property, construction, and office equipment - net $ 133,020 $ 47,280 $ 16,168 Income tax expense recognized in total comprehensive income $ 6,197 $ 6,710 $ 11,519 Unrealized (loss) gain on derivatives $ (19,959) $ (9,767) $ 34,680 Accrued excise tax and other share repurchases $ 5,213 $ 4,355 $ — Miscellaneous increases (decreases) to investments in unconsolidated entities $ 7,468 $ (5,917) $ 797 At October 31, 2024 2023 2022 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 1,303,039 $ 1,300,068 $ 1,346,754 Restricted cash included in receivables, prepaid expenses, and other assets $ 67,396 $ 44,273 $ 51,796 Total cash, cash equivalents, and restricted cash shown in the Consolidated $ 1,370,435 $ 1,344,341 $ 1,398,550

Summary Consolidated Quarterl_2

Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2024
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	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 31 July 31 April 30 January 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 Basic 101,716 102,980 104,794 105,122 Diluted 102,676 104,014 105,803 106,265 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 Basic 107,465 110,003 111,214 111,397 Diluted 108,388 111,123 112,184 112,336 (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.

Significant Accounting Polici_3

Significant Accounting Policies (Details) shares in Thousands, $ in Millions	12 Months Ended
	Oct. 31, 2024 USD ($) numberOfInterestRateSwaps shares	Oct. 31, 2023 USD ($) numberOfInterestRateSwaps shares	Oct. 31, 2022 USD ($) shares
Additional Significant Accounting Policies (Textual) [Abstract]
Number of years to complete a community	4 years
Number of years to complete a master planned community	10 years
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 310.5	$ 285.7
Depreciation	80.9	75.5	$ 75.9
Advertising Expense	$ 63.1	$ 49.6	$ 42.5
Treasury Stock, Shares, Retired \| shares	0	15,000	0
warranty period, structural integrity	10 years
Construction defect claims, reported and resolved, period of time	10 years
More Likely Than Not Definition Threshold	50%
Traditional Homebuilding [Member]
Additional Significant Accounting Policies (Textual) [Abstract]
Number of Reportable Segments \| numberOfInterestRateSwaps	5	5
Home Building [Member]
Additional Significant Accounting Policies (Textual) [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 476.5	$ 542

Significant Accounting Polici_4

Significant Accounting Policies (Details 2) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Feb. 29, 2024	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with Customer, Liability		$ 488,690				$ 540,718				$ 488,690	$ 540,718
Right-of-use asset		108,311				102,787				108,311	102,787
Lease liabilities		128,588				123,866				128,588	123,866
Retained Earnings (Accumulated Deficit)		8,153,356				6,675,719				8,153,356	6,675,719
Revenue from Contract with Customer, Including Assessed Tax										10,846,740	9,994,937	$ 10,275,558
Gain (Loss) on Disposition of Assets										5,042	416	(576)
Home Building [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with Customer, Liability, Revenue Recognized										476,500	542,000
Revenue from Contract with Customer, Including Assessed Tax		3,260,004	$ 2,724,472	$ 2,647,020	$ 1,931,836	2,951,904	$ 2,674,602	$ 2,490,098	$ 1,749,422	10,563,332	9,866,026	9,711,170
Land [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Including Assessed Tax		$ 73,458	$ 3,472	$ 190,466	$ 16,012	$ 68,243	$ 13,040	$ 16,881	$ 30,747	283,408	$ 128,911	$ 564,388
Gain (Loss) on Disposition of Assets										$ 175,200
Proceeds from Sale of Real Estate	$ 180,700

Acquisition (Detail Textuals)

Acquisition (Detail Textuals) - SanAntonioTexasJune2022	12 Months Ended
Acquisition (Detail Textuals) - SanAntonioTexasJune2022	Oct. 31, 2022 USD ($)
Business Acquisition [Line Items]
Asset Acquisition, Consideration Transferred	$ 48,100,000
Number of communities included in acquisition	16
Number of home sites included in acqusition	450

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Total Inventory
Inventory, Real Estate, Land and Land Development Costs	$ 6,769,527	$ 6,096,516
Inventory, Homes under Construction	2,458,541	2,515,484
Model homes	484,857	445,578
Inventory	9,712,925	9,057,578
Land controlled for future communities [Member]
Total Inventory
Land deposits and costs of future development	620,040	549,035
Inventory	200,166	173,175
Land Owned for Future Communities [Member]
Total Inventory
Inventory, Real Estate, Land and Land Development Costs	2,532,221	2,631,147
Inventory	353,030	663,413
Operating communities [Member]
Total Inventory
Inventory, Real Estate, Land and Land Development Costs	3,617,266	2,916,334
Inventory	$ 9,159,729	$ 8,220,990

Inventory (Details 1)

Inventory (Details 1) - USD ($) $ in Thousands	12 Months Ended
Inventory (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Schedule of inventory [Line Items]
Inventory Write-down	$ 59,441	$ 30,706	$ 32,741
Land and Land Improvements
Schedule of inventory [Line Items]
Inventory Write-down	4,400	30,600
Segment Reporting, Reconciling Item, Corporate Nonsegment \| Land and Land Improvements
Schedule of inventory [Line Items]
Inventory Write-down	3,800	2,500	6,800
Land controlled for future communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	6,676	10,712	13,051
Land Owned for Future Communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	0	1,493	19,690
Operating communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	$ 52,765	$ 18,501	$ 0

Inventory (Details 2)

Inventory (Details 2) - USD ($) $ in Thousands	12 Months Ended
Inventory (Details 2) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Real estate inventory capitalized interest costs [Line Items]
Interest capitalized, beginning of period	$ 190,550	$ 209,468	$ 253,938
Interest incurred	128,743	140,426	135,029
Capitalized interest on investments in unconsolidated entities	(8,404)	(9,783)	(6,699)
Real Estate Inventory Capitalized Interest Transferred to Unconsolidated Entities	0	(244)	(2,412)
Previously capitalized interest in unconsolidated entities transferred to inventory	1,012	880	231
Interest capitalized, end of period	179,797	190,550	209,468
Home Building [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	(128,962)	(139,410)	(164,831)
Land [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	$ (3,142)	$ (10,787)	$ (5,788)

Inventory (Details Textual)

Inventory (Details Textual) $ in Thousands	12 Months Ended
Inventory (Details Textual) $ in Thousands	Oct. 31, 2024 USD ($) numberOfLandContracts	Oct. 31, 2023 USD ($) numberOfLandContracts	Oct. 31, 2022 USD ($)
Inventory (Textual) [Abstract]
Purchase Obligation	$ 6,100,630	$ 4,222,637
Home Building [Member]
Inventory (Textual) [Abstract]
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales	$ 128,962	$ 139,410	$ 164,831
VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Number of VIE Land Purchase Contracts \| numberOfLandContracts		251
Variable Interest Entity, Not Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Number of VIE Land Purchase Contracts \| numberOfLandContracts	297
Land Purchase Commitment To Unrelated Party [Member]
Inventory (Textual) [Abstract]
Purchase Obligation	$ 6,073,847	$ 4,191,160
Land Purchase Commitment To Unrelated Party [Member] \| VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Purchase Obligation		3,790,000
Land Purchase Commitment To Unrelated Party [Member] \| Variable Interest Entity, Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Purchase Obligation	5,590,000
Land Parcel Purchase Commitment [Member]
Inventory (Textual) [Abstract]
Deposit Assets	549,195	449,925
Land Parcel Purchase Commitment [Member] \| VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Deposit Assets		$ 421,400
Land Parcel Purchase Commitment [Member] \| Variable Interest Entity, Not Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Deposit Assets	$ 522,100

Investments in Unconsolidated_3

Investments in Unconsolidated Entities (Details 1) $ in Thousands	Oct. 31, 2024 USD ($) joint_ventures	Oct. 31, 2023 USD ($) joint_ventures
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	60	64
Investments in unconsolidated entities (1)	$ 1,007,417	$ 959,041
Number of joint venture with funding commitments \| joint_ventures	27	29
Other Commitment	$ 312,837	$ 400,770
Land Development Joint Ventures [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	16	16
Investments in unconsolidated entities (1)	$ 388,550	$ 351,154
Number of joint venture with funding commitments \| joint_ventures	6	9
Home Building Joint Ventures, Total [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	2	2
Investments in unconsolidated entities (1)	$ 58,403	$ 65,285
Number of joint venture with funding commitments \| joint_ventures	0	0
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	40	43
Investments in unconsolidated entities (1)	$ 549,195	$ 531,823
Number of joint venture with funding commitments \| joint_ventures	20	19
Gibraltar Joint Ventures [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	2	3
Investments in unconsolidated entities (1)	$ 11,269	$ 10,779
Number of joint venture with funding commitments \| joint_ventures	1	1
Variable Interest Entity, Not Primary Beneficiary [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures \| joint_ventures	8	11
Investments in unconsolidated entities (1)	$ 158,000	$ 121,600
Other Commitment	$ 109,600	$ 105,400
Variable Interest Entity, Not Primary Beneficiary [Member] \| Minimum [Member]
Schedule of Investments [Line Items]
Ownership Percentage	25%	25%
Variable Interest Entity, Not Primary Beneficiary [Member] \| Maximum [Member]
Schedule of Investments [Line Items]
Ownership Percentage	50%	50%
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] \| Land Development Joint Ventures [Member]
Schedule of Investments [Line Items]
Other Commitment	$ 242,966	$ 204,438
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] \| Home Building Joint Ventures, Total [Member]
Schedule of Investments [Line Items]
Other Commitment	0	0
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] \| Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Investments [Line Items]
Other Commitment	65,444	184,266
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] \| Gibraltar Joint Ventures [Member]
Schedule of Investments [Line Items]
Other Commitment	4,427	12,066
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] \| Variable Interest Entity, Not Primary Beneficiary [Member]
Schedule of Investments [Line Items]
Other Commitment	$ 369,800	$ 329,300

Investments in Unconsolidated_4

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 2) $ in Thousands	12 Months Ended
	Oct. 31, 2024 USD ($) joint_ventures	Oct. 31, 2023 USD ($) joint_ventures
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments \| joint_ventures	50	56
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,275,887	$ 4,562,255
Amounts borrowed under commitments	3,180,718	2,734,101
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	1,007,417	959,041
Assets related to consolidated VIEs	13,367,932	12,527,018
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	388,550	351,154
Assets related to consolidated VIEs	$ 1,500,351	$ 1,406,543
Land Development Joint Venture [Member] \| Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period \| joint_ventures	1	1
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 17,956	$ 14,867
Rental Joint Ventures, including the Trust [Member] \| Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period \| joint_ventures		5
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures		$ 59,567
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	58,403	65,285
Assets related to consolidated VIEs	188,715	307,523
Gibraltar Joint Ventures [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	11,269	10,779
Assets related to consolidated VIEs	55,253	54,359
Variable Interest Entity, Primary Beneficiary [Member]
Schedule of Equity Method Investments [Line Items]
Noncontrolling Interest in Variable Interest Entity	$ 9,800	$ 10,200
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments \| joint_ventures	11	12
Line of Credit Facility, Maximum Borrowing Capacity	$ 639,589	$ 610,758
Amounts borrowed under commitments	$ 381,614	$ 445,506
Land Development Joint Venture [Member] \| Variable Interest Entity, Primary Beneficiary [Member] \| Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period \| joint_ventures		0
Assets related to consolidated VIEs		$ 0
Noncontrolling Interest in Variable Interest Entity		$ 0
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments \| joint_ventures	1	2
Line of Credit Facility, Maximum Borrowing Capacity	$ 98,150	$ 219,650
Amounts borrowed under commitments	$ 47,903	$ 135,723
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments \| joint_ventures	38	42
Line of Credit Facility, Maximum Borrowing Capacity	$ 3,538,148	$ 3,731,847
Amounts borrowed under commitments	$ 2,751,201	$ 2,152,872
Rental Joint Ventures, including the Trust [Member] \| Variable Interest Entity, Primary Beneficiary [Member] \| Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period \| joint_ventures		1
Assets related to consolidated VIEs		$ 10,600
Noncontrolling Interest in Variable Interest Entity		$ 2,700

Investments in Unconsolidated_5

Investments in Unconsolidated Entities (Details Textual) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenue from Contract with Customer, Including Assessed Tax									$ 10,846,740	$ 9,994,937	$ 10,275,558
Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	$ 73,458	$ 3,472	$ 190,466	$ 16,012	$ 68,243	$ 13,040	$ 16,881	$ 30,747	283,408	128,911	564,388
Land Development Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues									269,545	240,365	207,179
Equity Method Investee [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Receivables from joint ventures	$ 9,800				$ 12,600				9,800	12,600
Equity Method Investee [Member] \| Land Development Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues									139,200	110,700	54,800
Home Building Joint Ventures, Total [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other than Temporary Impairment Losses, Investments										0	8,000
Rental Joint Ventures, including Trusts i and II [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Realized Gain (Loss) on Disposal									24,100	50,900	21,000
Equity Method Investment Realized Gain Loss on Sale of Ownership Interest									0	16,000	0
Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Realized Gain (Loss) on Disposal									176,100	106,200	29,900
Other than Temporary Impairment Losses, Investments									6,600
Rental Joint Ventures, including the Trust [Member] \| Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenue from Contract with Customer, Including Assessed Tax										$ 44,200	$ 434,200
Homebuilding and Rental Joint Ventures \| Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenue from Contract with Customer, Including Assessed Tax									$ 0
Minimum [Member] \| Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	2.50%								2.50%
Maximum [Member] \| Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50%								50%

Investments in Unconsolidated_6

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 3) $ in Thousands	12 Months Ended
	Oct. 31, 2024 USD ($) joint_ventures	Oct. 31, 2023 USD ($) joint_ventures
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,275,887	$ 4,562,255
Amounts borrowed under commitments	$ 3,180,718	$ 2,734,101
Number of Joint Ventures \| joint_ventures	60	64
Variable Interest Entity, Not Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Repayment and Carry Cost, Maximum	$ 102,300
Number of Joint Ventures \| joint_ventures	8	11
Variable Interest Entity, Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Number of Joint Ventures \| joint_ventures	5	5
Noncontrolling Interest in Variable Interest Entity	$ 9,800	$ 10,200
Assets related to consolidated VIEs	$ 105,300	89,600
Minimum [Member] \| Variable Interest Entity, Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership interest	75%
Maximum [Member] \| Variable Interest Entity, Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership interest	98%
Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Fair Value Disclosure	$ 17,400	19,500
Indirect Guarantee of Indebtedness [Member] \| Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	3,031,500	3,341,700
Guarantees, Repayment and Carry Cost, Maximum	646,900	688,000
Amounts borrowed under commitments	2,204,300	1,643,600
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	$ 560,400	$ 544,100
Indirect Guarantee of Indebtedness [Member] \| Equity Method Investee [Member] \| Minimum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Term	1 month	1 month
Indirect Guarantee of Indebtedness [Member] \| Equity Method Investee [Member] \| Maximum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Term	3 years	4 years

Investments in Unconsolidated_7

Investments in Unconsolidated Entities (Details 4) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 1,370,435	$ 1,344,341	$ 1,398,550	$ 1,684,412
Inventory, Operative Builders	9,712,925	9,057,578
Other	93,878	97,581
Total assets	13,367,932	12,527,018
Total liabilities and stockholders' equity	13,367,932	12,527,018
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	1,007,417	959,041
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity	3,000	40,900
Home Building Joint Ventures, Total [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	34,187	14,124
Inventory, Operative Builders	128,913	277,438
Loans Receivable, Net	0	0
Rental Properties	0	0
Rental properties under development	0	0
Other	25,615	15,961
Total assets	188,715	307,523
Debt, net of deferred financing costs	47,580	134,427
Accrued Liabilities and Other Liabilities	12,028	32,625
Members' Equity	129,107	140,471
Total liabilities and stockholders' equity	188,715	307,523
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	58,403	65,285
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	58,925	62,734
Inventory, Operative Builders	0	0
Loans Receivable, Net	0	0
Rental Properties	2,916,210	1,907,604
Rental properties under development	1,544,266	1,804,664
Other	203,276	157,481
Total assets	4,722,677	3,932,483
Debt, net of deferred financing costs	2,735,319	2,132,436
Accrued Liabilities and Other Liabilities	299,201	312,691
Members' Equity	1,688,157	1,487,356
Total liabilities and stockholders' equity	4,722,677	3,932,483
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	549,195	531,823
Gibraltar Joint Ventures [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	942	1,086
Inventory, Operative Builders	27,164	35,325
Loans Receivable, Net	26,171	17,024
Rental Properties	0	0
Rental properties under development	0	0
Other	976	924
Total assets	55,253	54,359
Debt, net of deferred financing costs	0	0
Accrued Liabilities and Other Liabilities	14,497	21,752
Members' Equity	40,756	32,607
Total liabilities and stockholders' equity	55,253	54,359
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	11,269	10,779
Land Development Joint Venture [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	111,910	83,330
Inventory, Operative Builders	1,082,597	1,112,382
Loans Receivable, Net	0	0
Rental Properties	0	0
Rental properties under development	0	0
Other	305,844	210,831
Total assets	1,500,351	1,406,543
Debt, net of deferred financing costs	379,829	445,123
Accrued Liabilities and Other Liabilities	189,767	131,798
Members' Equity	930,755	829,622
Total liabilities and stockholders' equity	1,500,351	1,406,543
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	388,550	351,154
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	205,964	161,274
Inventory, Operative Builders	1,238,674	1,425,145
Loans Receivable, Net	26,171	17,024
Rental Properties	2,916,210	1,907,604
Rental properties under development	1,544,266	1,804,664
Other	535,711	385,197
Total assets	6,466,996	5,700,908
Debt, net of deferred financing costs	3,162,728	2,711,986
Accrued Liabilities and Other Liabilities	515,493	498,866
Members' Equity	2,788,775	2,490,056
Total liabilities and stockholders' equity	6,466,996	5,700,908
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 1,007,417	$ 959,041

Investments in Unconsolidated_8

Investments in Unconsolidated Entities (Details 5) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Condensed Statements of Operations:
Income (loss) from operations	$ 621,073	$ 503,627	$ 649,779	$ 311,161	$ 604,966	$ 553,017	$ 430,592	$ 253,796	$ 2,085,640	$ 1,842,371	$ 1,703,726
Income tax provision									514,445	470,300	417,226
Net income	$ 475,409	$ 374,611	$ 481,617	$ 239,558	$ 445,536	$ 414,789	$ 320,216	$ 191,530	1,571,195	1,372,071	1,286,500
(Loss) income from unconsolidated entities									(23,843)	50,098	23,723
Land Development Joint Venture [Member]
Condensed Statements of Operations:
Revenues									269,545	240,365	207,179
Cost of revenues									200,939	196,924	172,921
Other expenses									11,943	13,261	8,911
Total expenses									212,882	210,185	181,832
Gain on disposition of loans and REO											0
Income (loss) from operations									56,663	30,180	25,347
Other income (expense)									9,478	2,500	23,292
Income before income taxes									66,141	32,680	48,639
Income tax provision									268	214	348
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										32,466	48,291
Net income									65,873
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
Revenues									252,415	38,124	60,902
Cost of revenues									193,533	26,583	45,087
Other expenses									11,990	7,201	4,717
Total expenses									205,523	33,784	49,804
Gain on disposition of loans and REO											0
Income (loss) from operations									46,892	4,340	11,098
Other income (expense)									(176)	205	804
Income before income taxes									46,716	4,545	11,902
Income tax provision									37	367	508
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										4,178	11,394
Net income									46,679
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
Revenues									273,353	238,651	192,901
Cost of revenues									120,787	85,328	65,387
Other expenses									269,785	233,734	165,447
Total expenses									390,572	319,062	230,834
Gain on disposition of loans and REO											0
Income (loss) from operations									(117,219)	(80,411)	(37,933)
Other income (expense)									162,885	102,865	36,805
Income before income taxes									45,666	22,454	(1,128)
Income tax provision									291	(940)	(607)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										23,394	(521)
Net income									45,375
Gibraltar Joint Ventures [Member]
Condensed Statements of Operations:
Revenues									57,663	28,221	37,705
Cost of revenues									51,054	21,031	26,229
Other expenses									1,368	1,053	1,436
Total expenses									52,422	22,084	27,665
Gain on disposition of loans and REO											(113)
Income (loss) from operations									5,241	6,137	9,927
Other income (expense)									3,026	241	0
Income before income taxes									8,267	6,378	9,927
Income tax provision									0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										6,378	9,927
Net income									8,267
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Statements of Operations:
Revenues									852,976	545,361	498,687
Cost of revenues									566,313	329,866	309,624
Other expenses									295,086	255,249	180,511
Total expenses									861,399	585,115	490,135
Gain on disposition of loans and REO											113
Income (loss) from operations									(8,423)	(39,754)	8,439
Other income (expense)									175,213	105,811	60,901
Income before income taxes									166,790	66,057	69,340
Income tax provision									596	(359)	249
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										66,416	69,091
Net income									166,194
Land Development Joint Venture [Member]
Condensed Statements of Operations:
(Loss) income from unconsolidated entities									10,724	13,178	20,402
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
(Loss) income from unconsolidated entities									(6,324)	972	1,068
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
(Loss) income from unconsolidated entities									(30,339)	34,327	(335)
Equity Method Investment, Realized Gain (Loss) on Disposal									24,100	50,900	21,000
Gibraltar Joint Ventures [Member]
Condensed Statements of Operations:
(Loss) income from unconsolidated entities									2,096	1,621	2,588
Rental Joint Ventures, including the Trust [Member]
Condensed Statements of Operations:
Equity Method Investment, Realized Gain (Loss) on Disposal									$ 176,100	$ 106,200	$ 29,900

Receivables, Prepaid Expenses_3

Receivables, Prepaid Expenses and Other Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Receivables, prepaid expenses and other assets [Abstract]
Expected recoveries from insurance carriers and others	$ 109,569	$ 94,987
Improvement cost receivable	41,173	40,992
Escrow cash held by our wholly owned captive title company	62,048	44,273
Properties held for rental apartment and commercial development	116,802	225,261
Prepaid expenses	40,432	43,763
Right-of-use asset	$ 108,311	$ 102,787
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Receivables, prepaid expenses, and other assets	Receivables, prepaid expenses, and other assets
Derivative assets	$ 18,398	$ 41,612
Other	93,878	97,581
Receivables, prepaid expenses, and other assets	$ 590,611	$ 691,256

Receivables, Prepaid Expenses_4

Receivables, Prepaid Expenses and Other Assets Receivables, prepaid expenses and other assets (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Receivables, prepaid expenses and other assets [Line Items]
Assets related to consolidated VIEs	$ 13,367,932	$ 12,527,018
Escrow cash held by our wholly owned captive title company	$ 62,048	$ 44,273

Loans Payable, Senior Notes, _3

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Feb. 14, 2023
Debt Instrument [Line Items]
Loans payable – other	$ 437,969	$ 517,378
Loans payable	1,085,817	1,164,224
Line of Credit Facility, Maximum Borrowing Capacity	4,275,887	4,562,255
Feb 2023 Revolving Credit Facility Extension Agreement
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 1,955,000
Senior unsecured term loan [Member]
Debt Instrument [Line Items]
Senior unsecured term loan	650,000	650,000
Deferred issuance costs	$ (2,152)	$ (3,154)

Loans Payable, Senior Notes, _4

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Term Loan Facility (Detail Textuals 1) $ in Thousands	12 Months Ended
	Oct. 31, 2024 USD ($)	Oct. 31, 2023 USD ($)	Feb. 14, 2023 USD ($)	Nov. 30, 2020 USD ($) numberOfInterestRateSwaps
May 2016 Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.03%
Senior unsecured term loan due February 14 2028
Debt Instrument [Line Items]
Repayments of Debt	$ 0
Senior unsecured term loan [Member]
Debt Instrument [Line Items]
Senior unsecured term loan	$ 650,000	$ 650,000
Debt Instrument, Interest Rate, Effective Percentage	5.73%
Senior unsecured term loan [Member] \| Interest Rate Swap [Member]
Debt Instrument [Line Items]
Senior unsecured term loan				$ 400,000
Number of Interest Rate Derivatives Held \| numberOfInterestRateSwaps				5
Derivative, Fixed Interest Rate				0.369%
Fixed interest rate spread	0.90%
Senior unsecured term loan [Member] \| Debt Instrument, Redemption, Period Four
Debt Instrument [Line Items]
Senior unsecured term loan			$ 101,600
Senior unsecured term loan
Debt Instrument [Line Items]
Senior unsecured term loan	$ 650,000
Senior unsecured term loan \| Debt Instrument, Redemption, Period Four
Debt Instrument [Line Items]
Senior unsecured term loan			60,900
Senior unsecured term loan due February 14 2028
Debt Instrument [Line Items]
Senior unsecured term loan			$ 487,500

Loans Payable, Senior Notes, _5

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Credit Facility (Details Textual 2) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Feb. 14, 2023
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,275,887	$ 4,562,255
Long-term line of credit	$ 3,180,718	$ 2,734,101
May 2016 Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.03%
Long-term line of credit	$ 0
Letters of credit outstanding, amount	$ 180,000
Feb 2023 Revolving Credit Facility Extension Agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 1,955,000
Line of credit facility, additional borrowing capacity amount			$ 3,000,000
Letter of Credit, Maximum Borrowing Capacity	100%

Loans Payable, Senior Notes, _6

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable - Other (Detail 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Debt Instrument [Line Items]
Loans payable – other	$ 437,969	$ 517,378
Debt, Weighted Average Interest Rate	5.73%	5.25%
Loans secured by assets [Abstract]
Secured Debt	$ 437,256	$ 516,186
Value of Assets Securing Loans	$ 1,326,440	$ 1,416,034
Loans Payable Contractual Maturities Term Minimum	one day
Loans Payable Contractual Maturities Term Maximum	28.9 years
Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1%	0.38%
Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	9%	9%

Loans Payable, Senior Notes, _7

Loans Payable, Senior Notes, and Mortgage Company Loan Facility - Senior Notes (Details 3) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Senior Notes [Abstract]
Senior notes	$ 1,597,102	$ 1,596,185
4.375% Senior Notes due 2023 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage		4.375%
4.875% Senior Notes Due 2025 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.875%
Senior notes	$ 350,000	$ 350,000
4.875% Senior Notes Due 2027 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.875%
Senior notes	$ 450,000	450,000
4.350% Senior Notes Due 2028 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.35%
Senior notes	$ 400,000	400,000
3.80% Senior Notes Due 2029 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	3.80%
Senior notes	$ 400,000	400,000
Senior Notes [Member]
Senior Notes [Abstract]
Deferred issuance costs	$ (2,898)	$ (3,815)

Loans Payable, Senior Notes, _8

Loans Payable, Senior Notes, and Mortgage Company Loan Facility - Senior Notes (Details Textual 3) - USD ($) $ in Thousands		12 Months Ended
	Apr. 17, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Senior Note Payable (Textual) [Abstract]
Percentage of Holding In Subsidiary		100%
Repayments of Senior Debt		$ 0	$ 400,000	$ 409,856
Issued Senior Notes		$ 1,597,102	1,596,185
3.80% Senior Notes Due 2029 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes		3.80%
Issued Senior Notes		$ 400,000	$ 400,000
4.375% Senior Notes due 2023 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes			4.375%
Repayments of Senior Debt	$ 400,000
Guarantor Subsidiaries [Member] \| % ownership of homebuilding subsidiaries [Member]
Senior Note Payable (Textual) [Abstract]
Subsidiary, Ownership Percentage, Parent		100%

Loans Payable, Senior Notes, _9

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Mortgage Company Loan Facility (Details Textual 4) - USD ($) $ in Thousands	Dec. 05, 2023	Oct. 31, 2024	Oct. 31, 2023
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 4,275,887	$ 4,562,255
Mortgage company loan facility		150,000	100,058
Fair value		$ 191,242	110,555
Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Current Borrowing Capacity	$ 75,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000
Debt Instrument, Interest Rate, Effective Percentage		6.59%
Mortgage company loan facility		$ 150,000	100,100
Fair value		182,800	$ 104,700
Aggregate Outstanding Purchase Price Limitations		$ 0
Warehouse Agreement Borrowings [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor	1.75%
Warehouse Agreement Borrowings [Member] \| Interest Rate Floor \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor	2.50%

Loans Payable, Senior Notes,_10

Loans Payable, Senior Notes, and Mortgage Company Loan Facility (Details 4) $ in Thousands	Oct. 31, 2024 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2025	$ 350,496
2026	591,199
2027	554,131
2028	897,988
2029	$ 409,820

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Schedule of accrued expenses [Line Items]
Land, land development and construction	$ 356,613	$ 286,516
Liabilities related to consolidated inventory not owned	388,778	268,630
Compensation and employee benefits	208,394	212,684
Escrow liability associated with our wholly owned captive title company	62,038	42,451
Self-insurance	242,306	230,688
Warranty	189,258	206,171	$ 164,409	$ 145,062
Lease liabilities	$ 128,588	$ 123,866
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses, Total	Accrued expenses, Total
Deferred income	$ 51,138	$ 52,907
Interest	29,669	30,044
Other	57,405	65,612
Accrued expenses, Total	1,752,848	1,548,781
Affiliated Entity [Member]
Schedule of accrued expenses [Line Items]
Commitments to unconsolidated entities	$ 38,661	$ 29,212

Accrued Expenses (Details 1)

Accrued Expenses (Details 1) - USD ($) $ in Thousands	12 Months Ended
Accrued Expenses (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Change in warranty accruals for home closed in prior periods [Line Items]
Loss Contingency, Receivable	$ 109,569	$ 94,987
Changes in the warranty accrual
Balance, beginning of year	206,171	164,409	$ 145,062
Additions - homes closed during the year	36,186	44,949	42,423
Addition - liabilities assumed	0	0	150
Standard and Extended Product Warranty Accrual, Expected Recovery from Third Parties	(6,000)	58,000	29,000
Charges incurred	(50,249)	(74,622)	(62,659)
Balance, end of year	189,258	206,171	164,409
Reclass from self insurance accrual
Changes in the warranty accrual
Standard and Extended Product Warranty Accrual, Period Increase (Decrease)	0	696	0
Warranty change, homes closed in prior period, other [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	$ 3,150	$ 12,739	$ 10,433

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Federal tax provision at statutory rate	$ 437,984	$ 386,898	$ 357,782
State tax provision, net of federal benefit	103,880	90,698	75,465
Other permanent differences	2,737	(2,782)	4,386
Reversal of accrual for uncertain tax positions	(2,132)	(621)	(1,690)
Accrued interest on anticipated tax assessments	1,418	403	234
Increase in unrecognized tax benefits	2,556	2,209	658
Excess stock compensation benefit	(17,546)	(7,320)	(3,012)
Energy tax credits	(68)	(2,348)	(22,153)
Other	(14,384)	3,163	5,556
Income tax provision	$ 514,445	$ 470,300	$ 417,226
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Federal tax provision at statutory rate, percentage	21%	21%	21%
State tax provision, net of federal benefit, percentage	5%	4.90%	4.40%
Other permanent differences, percentage	0.10%	(0.20%)	0.30%
Reversal of accrual for uncertain tax positions, percent	(0.10%)	0%	(0.10%)
Accrued interest on anticipated tax assessments, percentage	0.10%	0%	0%
Increase in unrecognized tax benefits, percentage	0.10%	0.10%	0%
Excess stock compensation benefit, percent	(0.80%)	(0.40%)	(0.20%)
Energy tax credits, percent	0%	(0.10%)	(1.30%)
Other, percent	(0.70%)	0.20%	0.30%
Income tax provision, percentage	24.70%	25.50%	24.50%

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Income Tax Expense, Continuing Operations, by Jurisdiction [Abstract]
Federal	$ 425,445	$ 385,650	$ 343,524
State	89,000	84,650	73,702
Current	594,775	433,837	513,075
Deferred	(80,330)	36,463	(95,849)
Income tax provision	$ 514,445	$ 470,300	$ 417,226

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Income Tax Disclosure [Abstract]
Current	$ 37,905	$ 5,978
Deferred	76,642	160,290
Accrued Income Taxes	$ 114,547	$ 166,268

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 3) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Reconciliation of change in gross unrecognized tax benefits
Balance, beginning of year	$ 10,512	$ 4,922	$ 5,780
Increase in benefit as a result of tax positions taken in prior years	8,650	3,633	296
Increase in benefit as a result of tax positions taken in current year	3,142	2,733	833
Decrease in benefit as a result of settlements	(1,782)	0	0
Decrease in benefit as a result of lapse of statute of limitations	(493)	(776)	(1,987)
Balance, end of year	$ 20,029	$ 10,512	$ 4,922

Income Taxes (Details 4)

Income Taxes (Details 4) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 4) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Tax Benefits potential Interest and Penalties
Tax Benefits potential Interest and Penalties	$ 785	$ 332	$ 296
Tax Benefit Amount Accrued for potential Interest and Penalties
Tax Benefit Amount Accrued for potential Interest and Penalties	$ 1,728	$ 1,259

Income Taxes (Details 5)

Income Taxes (Details 5) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Deferred tax assets:
Accrued expenses	$ 61,353	$ 48,088
Impairment charges	23,074	25,005
Inventory valuation differences	44,307	20,690
Stock-based compensation expense	11,966	12,603
Amounts related to unrecognized tax benefits	4,130	1,385
State tax, net operating loss carryforwards	4,285	11,129
Other	117	1,709
Total assets	149,232	120,609
Deferred tax liabilities:
Capitalized interest	20,634	22,909
Deferred income	171,954	223,225
Expenses taken for tax purposes not for book	2,304	3,143
Depreciation	13,681	14,484
Deferred marketing	17,301	17,138
Total liabilities	225,874	280,899
Net deferred tax liabilities	$ (76,642)	$ (160,290)

Income Taxes (Details Textual)

Income Taxes (Details Textual)	12 Months Ended
Income Taxes (Details Textual)	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Income tax disclosures [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	5%	4.90%	4.40%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent Gross	6.30%	6.20%	5.60%
State Net Operating Loss Carryforwards [Member] \| Minimum [Member]
Income tax disclosures [Line Items]
net operating loss, carryback expiration periods	5 years

Stockholders' Equity (Details)

Stockholders' Equity (Details) - $ / shares shares in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Share Repurchase Program
Number of shares purchased	4,914	7,860	11,000
Average price per share	$ 127.79	$ 72	$ 49.34
Remaining authorization at October 31	15,087	6,716	14,577

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - $ / shares		4 Months Ended	12 Months Ended
Stockholders' Equity (Details Textual) - $ / shares	Mar. 09, 2021	Mar. 08, 2021	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022	Mar. 10, 2020	May 23, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Shares Authorized			400,000,000
Common Stock, Par or Stated Value Per Share			$ 0.01
Preferred Stock, Shares Authorized			15,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.01
Common Stock, Shares, Outstanding			99,800,000
Common Stock Reserved for Outstanding Stock Options and Restricted Stock Units			2,400,000
Preferred Stock, Shares Issued			0	0
Common Stock, Dividends, Per Share, Declared	$ 0.23	$ 0.21	$ 0.90	$ 0.83	$ 0.77
Percentage of Ownership of Company's Common Stock for Restricts Certain Transfers			4.95%
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Capital shares reserved for future issuance (in shares)			3,200,000
Employee Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Capital shares reserved for future issuance (in shares)			232,780
May 2016 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorization to repurchase shares							20,000,000
March 2020 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorization to repurchase shares						20,000,000

Stockholders' Equity (Details 1

Stockholders' Equity (Details 1) - USD ($) $ in Thousands	12 Months Ended
Stockholders' Equity (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ 31,277	$ 40,910	$ 37,618
Other Comprehensive Income (Loss), Net of Tax	(9,633)	3,292	36,509
Interest Rate Swap [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	30,259	37,830	35,143	$ 7,133
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	515	8,369	37,539
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	(472)	(2,110)	(9,505)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	43	6,259	28,034
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	(10,695)	(4,784)	(32)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	3,081	1,212	8
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	(7,614)	(3,572)	(24)
Other Comprehensive Income (Loss), Net of Tax	(7,571)	2,687	28,010
Defined Benefit Plan, Unfunded Plan
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	1,018	3,080	2,475	$ (6,024)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax	(2,314)	736	9,573
Income tax (expense) benefit recognized in total comprehensive income	593	(199)	(2,424)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax	(1,721)	537	7,149
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	(457)	92	1,805
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax	116	(24)	(455)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(341)	68	1,350
Other Comprehensive Income (Loss), Net of Tax	$ (2,062)	$ 605	$ 8,499

Stock-Based Benefit Plans (Deta

Stock-Based Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)	3,200,000	3,700,000	5,000,000
Unamortized value of stock compensation	$ 21,800
Cost not yet recognized, period for recognition	2 years 6 months
Active plans [Member] \| Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Vesting Based On Service [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized value of stock compensation	$ 21,587	$ 22,836	$ 14,902

Stock-Based Benefit Plans (De_2

Stock-Based Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]
Total stock-based compensation expense recognized	$ 29,558	$ 24,805	$ 21,095
Income tax benefit recognized	$ 7,555	$ 6,291	$ 5,312

Stock-Based Benefit Plans (Stoc

Stock-Based Benefit Plans (Stock Options - Expense Table) (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Stock-based compensation expense recognized
Total stock-based compensation expense recognized	$ 29,558	$ 24,805	$ 21,095

Stock-Based Benefit Plans (Perf

Stock-Based Benefit Plans (Performance Based - Non Vested ) (Details 3) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Vesting Based On Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)	253,000
Granted (in shares)	67,499	126,068	71,576
Vested (in shares)	(114,000)
Ending balance (in shares)	206,000	253,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning balance, weighted- average exercise price (in dollars per share)	$ 41.60
Granted, weighted- average exercise price (in dollars per share)	82.97
Vested, weighted- average exercise price (in dollars per share)	42.70
Ending balance, weighted- average exercise price (in dollars per share)	$ 54.51	$ 41.60
Vesting Based On Service [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)	1,015,000
Granted (in shares)	240,000
Vested (in shares)	(374,000)
Forfeited (in shares)	(22,000)
Ending balance (in shares)	859,000	1,015,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning balance, weighted- average exercise price (in dollars per share)	$ 50.64
Granted, weighted- average exercise price (in dollars per share)	94.13
Vested, weighted- average exercise price (in dollars per share)	46.47
Forfeited, weighted- average exercise price (in dollars per share)	66.53
Ending balance, weighted- average exercise price (in dollars per share)	$ 64.20	$ 50.64

Stock-Based Benefit Plans (Pe_2

Stock-Based Benefit Plans (Performance-based RSUs) (Details 4) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Performance-Based Restricted Stock Units
Total stock-based compensation expense recognized	$ 29,558	$ 24,805	$ 21,095
Restricted Stock Units (RSUs) [Member] \| Vesting Based On Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum Percentage of Units Issued to Recipients of Base Award	0%	0%
Maximum Percentage of Units Issued to Recipients of Base Award	150%	150%
Performance-Based Restricted Stock Units
Number of shares underlying to be issued	67,499	126,068	71,576
Aggregate number of Performance Based RSUs outstanding	346,630	442,961	507,604
Weighted-average grant date fair value per share of shares issued (in dollars per share)	$ 33.98	$ 34.70	$ 45.41
Fair value of restricted stock units issued	$ 5,795	$ 7,244	$ 6,156
Total stock-based compensation expense recognized	6,713	5,838	4,346
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 4,864	$ 5,595	$ 4,514

Stock-Based Benefit Plans Stock

Stock-Based Benefit Plans Stock-Based Benefit Plans (Non Performance Based Time Based RSUs rollforward) (Details 5) - Vesting Based On Service [Member] - Restricted Stock Units (RSUs) [Member] shares in Thousands	12 Months Ended
	Oct. 31, 2024 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) \| shares	1,015
Granted (in shares) \| shares	240
Vested (in shares) \| shares	(374)
Forfeited (in shares) \| shares	(22)
Ending balance (in shares) \| shares	859
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning balance, weighted- average exercise price (in dollars per share) \| $ / shares	$ 50.64
Granted, weighted- average exercise price (in dollars per share) \| $ / shares	94.13
Vested, weighted- average exercise price (in dollars per share) \| $ / shares	46.47
Forfeited, weighted- average exercise price (in dollars per share) \| $ / shares	66.53
Ending balance, weighted- average exercise price (in dollars per share) \| $ / shares	$ 64.20

Stock-Based Benefit Plans (Nonp

Stock-Based Benefit Plans (Nonperformance-based Time based RSUs) (Details 6) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense recognized	$ 29,558	$ 24,805	$ 21,095
Summary of Aggregate Number and Unamortized Value of Outstanding Non Performance Based Restricted Stock Units [Abstract]
Unamortized value of RSUs	$ 21,800
Restricted Stock Units (RSUs) [Member] \| Vesting Based On Service [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares issued (in shares)	372,973	324,399	276,421
Weighted-average grant date fair value per share of shares issued (in dollars per share)	$ 39.58	$ 34.26	$ 45.55
Fair value of restricted stock units issued	$ 14,761	$ 11,114	$ 12,591
Total stock-based compensation expense recognized	22,365	18,340	15,738
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 17,378	$ 14,592	$ 13,925
Summary of Aggregate Number and Unamortized Value of Outstanding Non Performance Based Restricted Stock Units [Abstract]
Aggregate number of Performance Based RSUs outstanding	1,344,851	1,500,097	1,315,303
Unamortized value of RSUs	$ 21,587	$ 22,836	$ 14,902

Stock-Based Benefit Plans ESPP

Stock-Based Benefit Plans ESPP (ESPP) (Details 7)	Oct. 31, 2024 shares
Employee Stock [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Capital shares reserved for future issuance (in shares)	232,780

Earnings Per Share Informatio_2

Earnings Per Share Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Earnings Per Share [Abstract]
Net income as reported	$ 475,409	$ 374,611	$ 481,617	$ 239,558	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 1,571,195	$ 1,372,071	$ 1,286,500
Basic weighted-average shares	101,716	102,980	104,794	105,122	107,465	110,003	111,214	111,397	103,653	110,020	116,771
Common stock equivalents									1,037	988	1,204
Diluted weighted-average shares	102,676	104,014	105,803	106,265	108,388	111,123	112,184	112,336	104,690	111,008	117,975
Debt Instrument [Line Items]
Shares Issued under Stock Incentive and Employee Stock Purchase Plans									910	2,026	507
Restricted Stock Units RSU And Employee Stock Option Member [Member]
Debt Instrument [Line Items]
Weighted average number of anti-dilutive options and restricted stock units									39	200	410

Fair Value Disclosures (Level 4

Fair Value Disclosures (Level 4 FV of Fin Instr) (Details) - Fair Value, Recurring [Member] - Level 2 [Member] - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Forward Contracts [Member] \| Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	$ 962	$ 4,135
Interest Rate Swap [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	15,283	35,243
Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Liability	(962)	(4,135)
Residential Mortgage [Member] \| Assets Held-for-sale [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Loan, Held-for-Sale, Fair Value Disclosure	191,242	110,555
Residential Mortgage [Member] \| Forward Contracts [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	$ 2,152	$ 2,234

Fair Value Disclosures (Level_2

Fair Value Disclosures (Level 4 loan UPB vs FV) (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Aggregate unpaid principal and fair value of mortgage loans held for sale
Fair value	$ 191,242	$ 110,555
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Assets Held-for-sale [Member] \| Residential Mortgage [Member]
Aggregate unpaid principal and fair value of mortgage loans held for sale
Aggregate unpaid principal balance	193,333	114,835
Fair value	191,242	110,555
Fair value greater (less) than principal balance	$ (2,091)	$ (4,280)

Fair Value Disclosures (Level_3

Fair Value Disclosures (Level 4 debt fv) (Details 2) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Book value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	$ 2,837,969	$ 2,867,436
Estimate fair value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	2,792,157	2,731,982
Fair Value, Inputs, Level 1 [Member] \| Book value [Member] \| Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	1,600,000	1,600,000
Fair Value, Inputs, Level 1 [Member] \| Estimate fair value [Member] \| Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	1,572,580	1,481,220
Fair Value, Inputs, Level 2 [Member] \| Book value [Member] \| Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	1,087,969	1,167,378
Fair Value, Inputs, Level 2 [Member] \| Book value [Member] \| Warehouse Agreement Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	150,000	100,058
Fair Value, Inputs, Level 2 [Member] \| Estimate fair value [Member] \| Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	1,069,577	1,150,704
Fair Value, Inputs, Level 2 [Member] \| Estimate fair value [Member] \| Warehouse Agreement Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	$ 150,000	$ 100,058

Employee Retirement and Defer_3

Employee Retirement and Deferred Compensation Plans (Details Textual) $ in Millions	12 Months Ended
	Oct. 31, 2024 USD ($) numberOfRetirementPlans	Oct. 31, 2023 USD ($)	Oct. 31, 2022 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan cost	$ 19.2	$ 17.1	$ 17.1
Number of unfunded defined benefit retirement plans \| numberOfRetirementPlans	2
Discount rate in our calculation of the present value of our projected benefit obligations	4.98%	5.83%	5.26%
Defined Benefit Plan Unfunded Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accrued for obligations under the plan	$ 36.6	$ 35.6

Employee Retirement and Defer_4

Employee Retirement and Deferred Compensation Plans (Details) - Supplemental Employee Retirement Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Plan costs
Service cost	$ 179	$ 137	$ 261
Interest cost	1,982	1,869	1,055
Amortization of prior service cost	1,182	1,407	1,806
Amortization of unrecognized losses	(1,638)	(1,316)	0
Total costs	1,705	2,097	3,122
Projected benefit obligation [Roll Forward]
Projected benefit obligation, beginning of year	35,376	36,904	47,705
Plan amendments adopted during year	405	1,171	0
Service cost	179	137	261
Interest cost	1,982	1,869	1,055
Benefit payments	(2,818)	(2,748)	(2,544)
Change in unrecognized loss (gain)	1,910	(1,957)	(9,573)
Projected benefit obligation, end of year	37,034	35,376	36,904
Unamortized Prior Service Cost [Roll Forward]
Unamortized prior service cost, beginning of year	3,442	3,678	5,484
Plan amendments adopted during year	405	1,171	0
Amortization of prior service cost	(1,182)	(1,407)	(1,806)
Unamortized prior service cost, end of year	2,665	3,442	3,678
Accumulated unrecognized loss, October 31	4,378	7,926	7,285
Accumulated benefit obligation, October 31	37,034	35,376	36,904
Accrued benefit obligation, October 31	37,034	$ 35,376	$ 36,904
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
2025	2,858
2026	3,469
2027	3,668
2028	3,647
2029	3,685
November 1, 2029 – October 31, 2034	$ 16,336

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Company's purchase commitments
Aggregate purchase commitments	$ 6,100,630	$ 4,222,637
Land Purchase Commitment To Unrelated Party [Member]
Company's purchase commitments
Aggregate purchase commitments	6,073,847	4,191,160
Land Purchase Commitment To JV [Member]
Company's purchase commitments
Aggregate purchase commitments	26,783	31,477
Land Parcel Purchase Commitment [Member]
Company's purchase commitments
Deposits against aggregate purchase price	549,195	449,925
Additional cash required to acquire land	5,551,435	3,772,712
Total	6,100,630	4,222,637
Amount of additional cash required to acquire land included in accrued expenses	$ 382,277	$ 254,030

Commitments and Contingencies_3

Commitments and Contingencies (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Company's mortgage commitments
Lease expense	$ 24,300	$ 27,100	$ 25,600
Loan Origination Commitments [Member]
Company's mortgage commitments
Aggregate mortgage loan commitments	1,837,284	2,173,202
Investor commitments to purchase	351,663	459,419
Loan Origination Commitments [Member] \| Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Aggregate mortgage loan commitments	168,829	354,716
Investor commitments to purchase	168,829	354,716
Loan Origination Commitments [Member] \| Non IRLC [Member]
Company's mortgage commitments
Aggregate mortgage loan commitments	1,668,455	1,818,486
Loan Origination Commitments [Member] \| Mortgage loans receivable [Member]
Company's mortgage commitments
Investor commitments to purchase	$ 182,834	$ 104,703

Commitments and Contingencies_4

Commitments and Contingencies (Details 2) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Lessee, Operating Lease, Liability, Payment , Due [Abstract]
2025	$ 25,000
2026	23,100
2027	19,400
2028	16,100
2029	11,800
Thereafter	138,600
Total lease payments	234,000
Less: Interest	105,400
Present value of lease liabilities	$ 128,588	$ 123,866

Commitments and Contingencies_5

Commitments and Contingencies (Details Textual 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Lessee, Lease, Description [Line Items]
Right-of-use asset	$ 108,311	$ 102,787
Lease liabilities	128,588	123,866
Operating lease payments	22,500	20,200	$ 17,700
Lease expense	24,300	27,100	25,600
Variable lease cost	$ 4,100	$ 4,200	$ 3,300
Operating lease, weighted average remaining lease term	7 years 2 months 12 days	7 years 2 months 12 days
Operating lease, weighted average discount rate, percent	5.90%	5.80%
Lessee, Operating Lease, Existence of Residual Value Guarantee [true false]	false
Land [Member]
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term	93 years 4 months 24 days	94 years 4 months 24 days
Operating lease, weighted average discount rate, percent	4.50%	4.50%

Commitments and Contingencies_6

Commitments and Contingencies (Details Textual 2) $ in Thousands	Oct. 31, 2024 USD ($) home_sites	Oct. 31, 2023 USD ($)
Long-term Purchase Commitment [Line Items]
Purchase Obligation	$ 6,100,630	$ 4,222,637
Land for Apartment Development Purchase Commitment [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	209,300
Deposit Assets	$ 9,800
Commitment To Acquire Home Sites [Member] \| Land Development Joint Ventures [Member]
Long-term Purchase Commitment [Line Items]
Unrecorded Unconditional Purchase Obligation, Maximum Quantity \| home_sites	9,000

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Details Textual 3) $ in Millions	Oct. 31, 2024 USD ($) luxury_homes
Backlog Information [Abstract]
Number of homes to be delivered \| luxury_homes	5,996
Aggregate sales value of outstanding homes to be delivered	$ 6,470
May 2016 Revolving Credit Facility [Member]
Loss Contingencies [Line Items]
Letters of credit outstanding, amount	180
Surety Bond Construction Improvements [Member]
Loss Contingencies [Line Items]
Outstanding surety bonds, amount	820.2
Surety Bond Other Obligations [Member]
Loss Contingencies [Line Items]
Additional outstanding surety bonds	337.3
Financial Guarantee
Loss Contingencies [Line Items]
Outstanding surety bonds, amount	$ 28.5

Other Income - Net (Details)

Other Income - Net (Details) - USD ($) $ in Thousands	12 Months Ended
Other Income - Net (Details) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Other Nonoperating Income By Component [Line Items]
Income from Ancillary Businesses	$ 19,534	$ 2,846	$ 24,668
Management fee income from Home Building Joint Ventures, net	10,846,740	9,994,937	10,275,558
Other	6,968	(2,606)	(8,673)
Total other income - net	69,296	67,518	171,377
Gain (Loss) from Litigation Settlement			148,400
Interest Income, Interest-Earning Asset	38,497	35,133	6,180
Revenues and expenses of non-core ancillary businesses
Revenue	165,615	140,272	135,510
Expense	146,081	137,426	110,842
Other Income
Other Nonoperating Income By Component [Line Items]
Gain (Loss) from Litigation Settlement	0	27,683	141,234
Management Fee [Member]
Other Nonoperating Income By Component [Line Items]
Management fee income from Home Building Joint Ventures, net	$ 4,297	$ 4,462	$ 7,968

Other Income (Details Textual)

Other Income (Details Textual) - USD ($) $ in Thousands	12 Months Ended
Other Income (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Schedule of Equity Method Investments [Line Items]
Litigation Settlement, Amount Awarded from Other Party			$ 192,500
Gain (Loss) from Litigation Settlement			148,400
Toll charitable foundation initial donation			10,000
Proceeds from the sale of assets, including ownership interests in unconsolidated entities	$ 1,139	$ 26,049	28,309
Income from Ancillary Businesses	19,534	2,846	24,668
Property, construction and office equipment impairments	72,789	69,537	39,541
Other Income
Schedule of Equity Method Investments [Line Items]
Gain (Loss) from Litigation Settlement	0	27,683	141,234
Security Monitoring Business
Schedule of Equity Method Investments [Line Items]
Gain (Loss) on Disposition of Other Assets	4,400	0	9,000
Apartment Living City Living and Gibraltar
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses	35,700	34,700
Apartment Living and Gibraltar
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses			25,900
Apartment living [Member]
Schedule of Equity Method Investments [Line Items]
Property, construction and office equipment impairments	$ 8,900	$ 8,400	$ 300

Information on Segments (Detail

Information on Segments (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
Information on Segments (Details) - USD ($) $ in Thousands	Feb. 29, 2024	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										$ 10,846,740	$ 9,994,937	$ 10,275,558
Income (loss) before income taxes
Income (loss) before income taxes		$ 621,073	$ 503,627	$ 649,779	$ 311,161	$ 604,966	$ 553,017	$ 430,592	$ 253,796	2,085,640	1,842,371	1,703,726
Total assets
Total assets		13,367,932				12,527,018				13,367,932	12,527,018
Gain (Loss) from Litigation Settlement												148,400
Other Income
Total assets
Gain (Loss) from Litigation Settlement										0	27,683	141,234
North [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										1,484,267	1,494,127	1,853,720
Income (loss) before income taxes
Income (loss) before income taxes										252,739	197,414	280,829
Total assets
Total assets		1,425,738				1,281,479				1,425,738	1,281,479
Mid-Atlantic [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										1,422,018	1,175,348	1,148,966
Income (loss) before income taxes
Income (loss) before income taxes										471,478	243,464	189,485
Total assets
Total assets		1,444,951				1,323,381				1,444,951	1,323,381
South [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										2,787,459	2,204,763	1,519,600
Income (loss) before income taxes
Income (loss) before income taxes										578,022	416,711	249,665
Total assets
Total assets		2,514,446				2,399,055				2,514,446	2,399,055
Mountain
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										2,590,445	2,660,746	2,747,783
Income (loss) before income taxes
Income (loss) before income taxes										446,168	517,080	509,512
Total assets
Total assets		2,950,806				2,666,874				2,950,806	2,666,874
Pacific
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										2,279,083	2,329,365	2,441,959
Income (loss) before income taxes
Income (loss) before income taxes										541,789	610,126	572,844
Total assets
Total assets		2,266,829				2,175,776				2,266,829	2,175,776
Traditional Homebuilding [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										10,563,272	9,864,349	9,712,028
Income (loss) before income taxes
Income (loss) before income taxes										2,290,196	1,984,795	1,802,335
Total assets
Total assets		10,602,770				9,846,565				10,602,770	9,846,565
Corporate and other [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										60	1,677	(858)
Income (loss) before income taxes
Income (loss) before income taxes										(204,556)	(142,424)	(98,609)
Total assets
Total assets		2,765,162				2,680,453				2,765,162	2,680,453
Home Building [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax		3,260,004	2,724,472	2,647,020	1,931,836	2,951,904	2,674,602	2,490,098	1,749,422	10,563,332	9,866,026	9,711,170
Land [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax		$ 73,458	$ 3,472	190,466	$ 16,012	$ 68,243	$ 13,040	$ 16,881	$ 30,747	283,408	128,911	564,388
Land [Member] \| North [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										4,486	32,620	139,439
Land [Member] \| Mid-Atlantic [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax	$ 185,000			$ 185,000						208,436	13,169	38,423
Land [Member] \| South [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										25,930	19,014	24,415
Land [Member] \| Mountain
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										28,277	1,140	8,897
Land [Member] \| Pacific
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										1,365	8,705	30,900
Land [Member] \| Traditional Homebuilding [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										268,494	74,648	242,074
Land [Member] \| Corporate and other [Member]
Segment Reporting Information Revenues, Land Sales and Other Revenues
Revenue from Contract with Customer, Including Assessed Tax										$ 14,914	$ 54,263	$ 322,314

Information on Segments (Deta_2

Information on Segments (Details 1) - USD ($) $ in Thousands	Oct. 31, 2024	Oct. 31, 2023
Inventory
Inventory	$ 9,712,925	$ 9,057,578
Land controlled for future communities [Member]
Inventory
Inventory	200,166	173,175
Land Owned for Future Communities [Member]
Inventory
Inventory	353,030	663,413
Operating communities [Member]
Inventory
Inventory	9,159,729	8,220,990
North [Member]
Inventory
Inventory	1,239,007	1,095,640
North [Member] \| Land controlled for future communities [Member]
Inventory
Inventory	30,597	32,762
North [Member] \| Land Owned for Future Communities [Member]
Inventory
Inventory	38,920	31,253
North [Member] \| Operating communities [Member]
Inventory
Inventory	1,169,490	1,031,625
Mid-Atlantic [Member]
Inventory
Inventory	1,399,183	1,258,487
Mid-Atlantic [Member] \| Land controlled for future communities [Member]
Inventory
Inventory	51,400	34,175
Mid-Atlantic [Member] \| Land Owned for Future Communities [Member]
Inventory
Inventory	50,762	135,042
Mid-Atlantic [Member] \| Operating communities [Member]
Inventory
Inventory	1,297,021	1,089,270
South [Member]
Inventory
Inventory	2,232,795	2,147,270
South [Member] \| Land controlled for future communities [Member]
Inventory
Inventory	43,571	40,335
South [Member] \| Land Owned for Future Communities [Member]
Inventory
Inventory	89,145	198,467
South [Member] \| Operating communities [Member]
Inventory
Inventory	2,100,079	1,908,468
Mountain
Inventory
Inventory	2,810,184	2,567,882
Mountain \| Land controlled for future communities [Member]
Inventory
Inventory	10,868	12,443
Mountain \| Land Owned for Future Communities [Member]
Inventory
Inventory	94,103	129,326
Mountain \| Operating communities [Member]
Inventory
Inventory	2,705,213	2,426,113
Pacific
Inventory
Inventory	2,031,756	1,988,299
Pacific \| Land controlled for future communities [Member]
Inventory
Inventory	63,730	53,460
Pacific \| Land Owned for Future Communities [Member]
Inventory
Inventory	80,100	169,325
Pacific \| Operating communities [Member]
Inventory
Inventory	$ 1,887,926	$ 1,765,514

Information on Segments (Deta_3

Information on Segments (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 59,441	$ 30,706	$ 32,741
Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	4,400	30,600
Land and Land Improvements \| Segment Reporting, Reconciling Item, Corporate Nonsegment
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	3,800	2,500	6,800
North [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	1,098	677	11,860
North [Member] \| Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down		15,600	6,800
Mid-Atlantic [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	15,214	15,898	3,369
Mid-Atlantic [Member] \| Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	600	10,300
South [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	3,404	1,766	3,391
Mountain
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	26,032	5,662	4,091
Pacific
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 13,693	6,703	$ 10,030
Pacific \| Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down		$ 2,200

Information on Segments (Deta_4

Information on Segments (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	$ 1,007,417	$ 959,041
(Loss) income from unconsolidated entities	(23,843)	50,098	$ 23,723
North [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	58,403	65,285
(Loss) income from unconsolidated entities	(6,324)	972	1,068
Mid-Atlantic [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	12,647	19,807
(Loss) income from unconsolidated entities	(243)	283	(405)
South [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	168,042	169,004
(Loss) income from unconsolidated entities	10,590	13,520	20,065
Mountain
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	74,909	61,363
(Loss) income from unconsolidated entities	688	(211)	494
Pacific
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	132,952	100,980
(Loss) income from unconsolidated entities	(311)	(414)	248
Traditional Homebuilding [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	446,953	416,439
(Loss) income from unconsolidated entities	4,400	14,150	21,470
Corporate and other [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	560,464	542,602
(Loss) income from unconsolidated entities	$ (28,243)	$ 35,948	$ 2,253

Supplemental Disclosure to St_3

Supplemental Disclosure to Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Cash flow information:
Income tax payment	$ 550,077	$ 584,695	$ 350,650
Noncash activity:
Cost of inventory acquired through seller financing or municipal bonds, net	186,714	359,042	273,893
Contribution of Property	4,167	1,000	46,019
Non cash transfer of investment in unconsolidated investments to inventory	9,049	1,675	474
Transfer of other assets to investment in unconsolidated entities	0	47,780	100,123
Noncash transfer of other assets to property, construction, and office equipment - net	133,020	47,280	16,168
Income tax expense recognized in total comprehensive income	6,197	6,710	11,519
Unrealized Gain (Loss) on Derivatives	(19,959)	(9,767)	34,680
Share Repurchase Program, Excise Tax	5,213	4,355	0
Miscellaneous Increases to Investments in Unconsolidated Entities	7,468	(5,917)	797
Cash and Cash Equivalents, at Carrying Value	1,303,039	1,300,068	1,346,754
Restricted Cash and Cash Equivalents	67,396	44,273	51,796
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 1,370,435	$ 1,344,341	$ 1,398,550	$ 1,684,412

Summary Consolidated Quarterl_3

Summary Consolidated Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Feb. 29, 2024	Oct. 31, 2024	Jul. 31, 2024	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2022
Quarterly Summary of Income Statement Data [Abstract]
Revenue from Contract with Customer, Including Assessed Tax										$ 10,846,740	$ 9,994,937	$ 10,275,558
Income (loss) before income taxes		$ 621,073	$ 503,627	$ 649,779	$ 311,161	$ 604,966	$ 553,017	$ 430,592	$ 253,796	2,085,640	1,842,371	1,703,726
Net income		$ 475,409	$ 374,611	$ 481,617	$ 239,558	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 1,571,195	$ 1,372,071	$ 1,286,500
Earnings Per Share [Abstract]
Basic earnings (in dollars per share)		$ 4.67	$ 3.64	$ 4.60	$ 2.28	$ 4.15	$ 3.77	$ 2.88	$ 1.72	$ 15.16	$ 12.47	$ 11.02
Diluted earnings (in dollars per share)		$ 4.63	$ 3.60	$ 4.55	$ 2.25	$ 4.11	$ 3.73	$ 2.85	$ 1.70	$ 15.01	$ 12.36	$ 10.90
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic weighted-average shares		101,716	102,980	104,794	105,122	107,465	110,003	111,214	111,397	103,653	110,020	116,771
Weighted Average Number of Shares Outstanding, Diluted		102,676	104,014	105,803	106,265	108,388	111,123	112,184	112,336	104,690	111,008	117,975
Mid-Atlantic [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenue from Contract with Customer, Including Assessed Tax										$ 1,422,018	$ 1,175,348	$ 1,148,966
Income (loss) before income taxes										471,478	243,464	189,485
Home Building [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenue from Contract with Customer, Including Assessed Tax		$ 3,260,004	$ 2,724,472	$ 2,647,020	$ 1,931,836	$ 2,951,904	$ 2,674,602	$ 2,490,098	$ 1,749,422	10,563,332	9,866,026	9,711,170
Gross Profit		846,324	747,310	683,737	532,610	810,375	742,653	657,220	448,499
Land [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenue from Contract with Customer, Including Assessed Tax		73,458	3,472	190,466	16,012	68,243	13,040	16,881	30,747	283,408	128,911	564,388
Gross Profit		$ 34,465	$ (5,306)	177,487	$ 5,851	$ (10,351)	$ 1,462	$ (3,969)	$ (11,688)
Land [Member] \| Mid-Atlantic [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	$ 185,000			185,000						$ 208,436	$ 13,169	$ 38,423
Gross Profit				$ 124,100