Toll Brothers (TOL) 10-K 20 Dec 23 2023 FY Annual report Financial data

Document and Entity Information

Document and Entity Information Document - USD ($)	12 Months Ended
	Oct. 31, 2023	Dec. 15, 2023	Apr. 30, 2023
Cover page [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Oct. 31, 2023
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	2023
Current Fiscal Year End Date	--10-31
Entity Central Index Key	0000794170
ICFR Auditor Attestation Flag	true
Entity Common Stock, Shares Outstanding		104,110,000
Entity Public Float			$ 6,951,238,000
Entity Emerging Growth Company	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell 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 2024 Annual Meeting of Stockholders, scheduled to be held on March 12, 2024, are incorporated by reference into Part III of this report.

Audit Information

Audit Information	12 Months Ended
	Oct. 31, 2023
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, 2023	Oct. 31, 2022
ASSETS
Cash and cash equivalents	$ 1,300,068	$ 1,346,754
Inventory	9,057,578	8,733,326
Property, construction, and office equipment – net	323,990	287,827
Receivables, prepaid expenses, and other assets (1)	691,256	747,228
Mortgage loans held for sale – at fair value	110,555	185,150
Customer deposits held in escrow	84,530	136,115
Investments in unconsolidated entities (1)	959,041	852,314
Total assets	12,527,018	12,288,714
Liabilities
Loans payable	1,164,224	1,185,275
Senior notes	1,596,185	1,995,271
Mortgage company loan facility	100,058	148,863
Customer deposits	540,718	680,588
Accounts payable	597,582	619,411
Accrued expenses	1,548,781	1,345,987
Income taxes payable	166,268	291,479
Total liabilities	5,713,816	6,266,874
Stockholders' equity:
Preferred stock, none issued	0	0
Common stock, 112,937 and 127,937 shares issued at October 31, 2023 and October 31, 2022, respectively	1,129	1,279
Additional paid-in capital	698,548	716,786
Retained earnings	6,675,719	6,166,732
Treasury stock, at cost — 9,146 and 18,312 shares at October 31, 2023 and October 31, 2022, respectively	(619,150)	(916,327)
Accumulated other comprehensive income ("AOCI")	40,910	37,618
Total stockholders’ equity	6,797,156	6,006,088
Noncontrolling interest	16,046	15,752
Total equity	6,813,202	6,021,840
Total liabilities and stockholders' equity	12,527,018	12,288,714
Variable Interest Entity, Primary Beneficiary [Member]
Stockholders' equity:
Assets related to consolidated VIEs	$ 89,600	$ 81,300

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Oct. 31, 2023	Oct. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, shares issued	0	0
Common stock, shares issued	112,937	127,937
Treasury Stock, Common, Shares	9,146	18,312

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Revenues:	$ 9,994,937	$ 10,275,558	$ 8,790,361
Cost of revenues:	7,360,736	7,789,179	6,847,461
Selling, general and administrative	909,446	977,753	922,023
Income from operations	1,724,755	1,508,626	1,020,877
Other:
Income from unconsolidated entities	50,098	23,723	74,035
Other income – net	67,518	171,377	40,614
Expenses related to early retirement of debt	0	0	(35,211)
Income before income taxes	1,842,371	1,703,726	1,100,315
Income tax provision	470,300	417,226	266,688
Net income	1,372,071	1,286,500	833,627
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other comprehensive income – net of tax	3,292	36,509	8,307
Total comprehensive income	$ 1,375,363	$ 1,323,009	$ 841,934
Income per share:
Basic earnings (in dollars per share)	$ 12.47	$ 11.02	$ 6.72
Diluted earnings (in dollars per share)	$ 12.36	$ 10.90	$ 6.63
Weighted average number of shares:
Basic (in shares)	110,020	116,771	124,100
Diluted (in shares)	111,008	117,975	125,807
Home Building [Member]
Revenues:	$ 9,866,026	$ 9,711,170	$ 8,431,746
Cost of revenues:	7,207,279	7,237,409	6,538,454
Land [Member]
Revenues:	128,911	564,388	358,615
Cost of revenues:	$ 153,457	$ 551,770	$ 309,007

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]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Parent [Member]
Shares, Issued at Oct. 31, 2020		152,937
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2020	$ 4,927,476	$ 1,529	$ 717,272	$ 5,164,086	$ (1,000,454)	$ (7,198)	$ 4,875,235	$ 52,241
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13
Net income	$ 833,627			833,627			833,627
Purchase of treasury stock, value	378,256				(378,256)		378,256
Exercise of stock options and stock-based compensation issuances, value	10,483		(26,006)		36,489		10,483
Stock-based compensation	$ 23,187		23,187				23,187
Treasury Stock, Shares, Retired	25,000	(25,000)
Treasury Stock, Retired, Cost Method, Amount	$ 0	$ (250)		(950,315)	950,565		0
Dividends, Common Stock, Cash	(76,964)			(76,964)			(76,964)
Other Comprehensive Income (Loss)	8,307					8,307	8,307
Income (loss) attributable to noncontrolling interest	(6,770)						0	(6,770)
Capital distributions, net	(40)						0	(40)
Shares, Issued at Oct. 31, 2021		127,937
Stockholders' 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	$ (595)	$ (595)	$ (595)
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, value	(694)		(18,762)		18,068		(694)
Stock-based compensation	21,095		21,095				21,095
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
Stockholders' 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, value	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, net	960						0	960
Shares, Issued at Oct. 31, 2023		112,937
Stockholders' 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

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Cash flow provided by operating activities:
Net income	$ 1,372,071	$ 1,286,500	$ 833,627
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	76,473	76,816	76,250
Stock-based compensation	24,805	21,095	23,187
Income from unconsolidated entities	(50,098)	(23,723)	(74,035)
Distributions of earnings from unconsolidated entities	88,393	32,316	83,118
Deferred tax provision	36,239	(96,680)	11,815
Impairment charges and write-offs	69,537	39,541	26,535
(Gain) loss on sale of assets	(416)	576	(38,706)
Other	3,181	3,781	(406)
Expenses related to early retirement of debt	0	0	35,211
Changes in operating assets and liabilities:
Inventory	(22,212)	(618,829)	(196,227)
Origination of mortgage loans	(1,602,700)	(2,035,637)	(2,178,468)
Sale of mortgage loans	1,681,610	2,086,358	2,159,827
Receivables, prepaid expenses, and other assets	(135,924)	(95,018)	135,806
Current income taxes – net	(162,570)	160,500	25,131
Customer deposits – net	(88,285)	(3,279)	165,637
Accounts payable and accrued expenses	(23,674)	152,499	214,825
Net cash provided by operating activities	1,266,430	986,816	1,303,127
Cash flow used in investing activities:
Purchase of property, construction, and office equipment – net	(72,961)	(71,726)	(66,878)
Investments in unconsolidated entities	(216,438)	(226,724)	(221,932)
Return of investments in unconsolidated entities	112,749	116,769	203,504
Proceeds from the sale of assets, including ownership interests in unconsolidated entities	26,049	28,309	80,418
Other	0	196	652
Net cash used in investing activities	(150,601)	(153,176)	(4,236)
Cash flow used in financing activities:
Proceeds from loans payable	3,079,142	4,304,635	3,158,033
Debt issuance costs	(5,365)	0	0
Principal payments of loans payable	(3,239,418)	(4,356,185)	(3,425,065)
Redemption of senior notes	(400,000)	(409,856)	(294,168)
Proceeds (payments) related to stock-based benefit plans – net	48,269	(690)	10,487
Purchase of treasury stock	(561,595)	(542,739)	(378,256)
Dividends paid	(91,082)	(88,901)	(76,623)
Receipts (payments) related to noncontrolling interest – net	11	(25,766)	(5,491)
Net cash used in financing activities	(1,170,038)	(1,119,502)	(1,011,083)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(54,209)	(285,862)	287,808
Cash, cash equivalents, and restricted cash, beginning of period	1,398,550	1,684,412	1,396,604
Cash, cash equivalents, and restricted cash, end of period	$ 1,344,341	$ 1,398,550	$ 1,684,412

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Oct. 31, 2023
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. 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. 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 Liquid investments or 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 2023, 2022 and 2021, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred 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 (“PB”). 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 $285.7 million and $289.4 million at October 31, 2023 and 2022, 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 2023, 2022, and 2021, we recognized $75.5 million, $75.9 million, and $74.8 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 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 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 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. We are also a party to several other joint ventures. We recognize our proportionate share of the earnings and losses of our unconsolidated entities. 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 and 2021, we cancelled 15 million and 25 million shares of treasury stock, respectively. 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 are not 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, 2023, 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 $540.7 million and $680.6 million at October 31, 2023 and October 31, 2022, respectively. 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. Of the outstanding customer deposits held as of October 31, 2021, we recognized $515.6 million in home sales revenues during the fiscal year ended October 31, 2022. 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; and (4) 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. 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 we determine that the customer will not complete the purchase of the home and 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 We expense advertising costs as incurred. Advertising costs, including brochures and signage, were $49.6 million, $42.5 million, and $39.1 million for the years ended October 31, 2023, 2022, and 2021, 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. Over the past several years, we have had a significant number of warranty claims related primarily to homes built in Pennsylvania and Delaware. See Note 7 – “Accrued Expenses” for additional information regarding these warranty charges. 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 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 account for our stock-based compensation in accordance with ASC 718, “Compensation – Stock Compensation” (“ASC 718”). We use 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 subjective assumptions, including the expected volatility of the stock price. 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 We account for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). 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. In accordance with the provisions of ASC 740, we assess the realizability of our deferred tax assets. 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. We establish reserves for income taxes when, despite the belief that our tax positions are fully supportable, we believe that our positions may be challenged and disallowed by various tax authorities. The consolidated tax provisions and related accruals include the impact of such reasonably estimable disallowances as deemed appropriate. To the extent that the probable tax outcome of these matters changes, such changes in estimates will impact the income tax provision in the period in which such determination is made. 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 jurisdiction. 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 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 im

Acquisitions

Acquisitions	12 Months Ended
	Oct. 31, 2023
Business Combinations [Abstract]
Acquisition	Acquisitions 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. In fiscal 2021, we acquired substantially all of the assets and operations of a privately-held home builder with operations in Las Vegas, Nevada for approximately $38.8 million in cash. The assets acquired were primarily inventory for future communities, including approximately 550 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
	Oct. 31, 2023
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory at October 31, 2023 and 2022 consisted of the following (amounts in thousands): 2023 2022 Land controlled for future communities $ 173,175 $ 240,751 Land owned for future communities 663,413 808,851 Operating communities 8,220,990 7,683,724 $ 9,057,578 $ 8,733,326 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. Communities that were previously offering homes for sale but are temporarily closed due to business conditions, do not have any remaining backlog, and are not expected to reopen within 12 months of the end of the fiscal period being reported on are included in land owned for future communities. 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 in each of the three fiscal years ended October 31, 2023, 2022, and 2021, are shown in the table below (amounts in thousands): Charge: 2023 2022 2021 Land controlled for future communities $ 10,712 $ 13,051 $ 5,620 Land owned for future communities 1,493 19,690 19,805 Operating communities 18,501 — 1,110 $ 30,706 $ 32,741 $ 26,535 We have also recognized $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, 2023 and 2022, respectively. See Note 14, “Commitments and Contingencies,” for information regarding land purchase contracts. At October 31, 2023, 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, 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. At October 31, 2022, we determined that 237 land purchase contracts, with an aggregate purchase price of $3.89 billion, on which we had made aggregate deposits totaling $417.6 million, were VIEs, but that we were not the primary beneficiary of any VIE related to such land purchase contracts. Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2023, 2022, and 2021, was as follows (amounts in thousands): 2023 2022 2021 Interest capitalized, beginning of year $ 209,468 $ 253,938 $ 297,975 Interest incurred 140,426 135,029 152,986 Interest expensed to home sales cost of revenues (139,410) (164,831) (187,237) Interest expensed to land sales and other cost of revenues (10,787) (5,788) (4,372) Interest reclassified to property, construction and office equipment - net — — (1,034) Interest capitalized on investments in unconsolidated entities (9,783) (6,699) (4,574) Previously capitalized interest transferred to investments in unconsolidated entities (244) (2,412) — Previously capitalized interest on investments in unconsolidated entities transferred to inventory 880 231 194 Interest capitalized, end of year $ 190,550 $ 209,468 $ 253,938

Investments in Unconsolidated E

Investments in Unconsolidated Entities	12 Months Ended
	Oct. 31, 2023
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 5.0% to 50%. These entities, which are structured as joint ventures 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”); (iii) develop luxury for-rent residential apartments and single family homes, commercial space, and a hotel (“Rental Property Joint Ventures”), or (iv) provide financing and land banking to residential builders and developers for the acquisition and development of land and home sites (“Gibraltar Joint Ventures”). The table below provides information as of October 31, 2023, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar 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 these joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $105.4 million related to our unconsolidated joint venture-related variable interests in VIEs. The table below provides information as of October 31, 2022, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar Total Number of unconsolidated entities 15 3 41 4 63 Investment in unconsolidated entities (1) $ 343,314 $ 49,385 $ 441,399 $ 18,216 $ 852,314 Number of unconsolidated entities with funding commitments by the Company 9 1 18 1 29 Company’s remaining funding commitment to unconsolidated entities (2) $ 180,812 $ 20,072 $ 90,900 $ 12,533 $ 304,317 (1) Our total investment includes $100.2 million related to 13 unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $200.0 million as of October 31, 2022. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 20% to 50% . (2) Our remaining funding commitment includes approximately $105.0 million related to our unconsolidated joint venture-related variable interests in VIEs. Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2023, regarding the debt financing obtained by category ($ 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 The table below provides information at October 31, 2022, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 10 2 35 47 Aggregate loan commitments $ 557,185 $ 219,650 $ 3,317,261 $ 4,094,096 Amounts borrowed under commitments $ 444,306 $ 17,583 $ 1,774,567 $ 2,236,456 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 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 The table below provides information on joint ventures entered into during fiscal 2022 ($ amounts in thousands): Land Development Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Gibraltar Joint Ventures Number of unconsolidated joint ventures entered into during the period 3 2 12 1 Investment balance at October 31, 2022 $ 48,600 $ 48,700 $ 132,200 2,700 Results of Operations and Intra-entity Transactions In fiscal 2023, 2022 and 2021, certain of our Rental Property Joint Ventures sold their underlying assets to unrelated parties or to our joint venture partner. In connection with these sales, we recognized gains of $50.9 million, $21.0 million, and $74.8 million, respectively, which is included in “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 2022 or 2021. In fiscal 2022 and 2021, we recognized other-than-temporary impairment charges on our investments in certain Home Building and Rental Property Joint Ventures of $8.0 million and $2.1 million, respectively. No other-than-temporary impairment charges were recognized in fiscal 2023. In fiscal 2023, 2022 and 2021, we purchased land from unconsolidated entities, principally related to our acquisition of lots from our Land Development Joint Ventures, totaling $110.7 million, $54.8 million, and $18.5 million, respectively. Our share of income from the lots we acquired was insignificant in each period. We sold land to unconsolidated entities, which principally involved land sales to our Home Building and Rental Property Joint Ventures, totaling $44.2 million, $434.2 million and $227.8 million in our fiscal 2023, 2022 and 2021. 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. At October 31, 2023 and 2022, we had receivables due from joint ventures totaling $12.6 million and $51.7 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, 2023, 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 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, 2023 October 31, 2022 Loan commitments in the aggregate $ 3,341,700 $ 2,858,800 Our maximum estimated exposure under repayment and carry cost guarantees if the full amount of the debt obligations were borrowed (1) $ 688,000 $ 597,800 Debt obligations borrowed in the aggregate $ 1,643,600 $ 1,110,900 Our maximum estimated exposure under repayment and carry cost guarantees of the debt obligations borrowed $ 544,100 $ 390,500 Estimated fair value of guarantees provided by us related to debt and other obligations $ 19,500 $ 16,900 Terms of guarantees 1 month - 1 month - (1) At October 31, 2023 and 2022, our maximum estimated exposure under repayment and carry cost guarantees includes approximately $102.3 million and $95.0 million, respectively, related to our unconsolidated Joint Venture VIEs. The maximum exposure estimates presented above do not take into account any recoveries from the underlying collateral or any reimbursement from our partners, nor do they include any potential exposures related to project completion guarantees or the indemnities noted above, which are not estimable. We have not made payments under any of the outstanding guarantees, nor have we been called upon to do so. Variable Interest Entities We have both unconsolidated and consolidated joint venture-related variable interests in VIEs. Information regarding our involvement in unconsolidated joint-venture related variable interests in VIEs has been disclosed throughout information presented above. The table below provides information as of October 31, 2023 and October 31, 2022, regarding our consolidated joint venture-related variable interests in VIEs ($ amounts in thousands): Balance Sheet Classification October 31, 2023 October 31, 2022 Number of Joint Venture VIEs that the Company is the PB and consolidates 5 5 Carrying value of consolidated VIEs assets Receivables, prepaid expenses, and other assets and Investments in unconsolidated entities $ 89,600 $ 81,300 Our partners’ interests in consolidated VIEs Noncontrolling interest $ 10,200 $ 9,700 Our ownership interest in the above consolidated Joint Venture VIEs ranges from 82% to 98%. As shown above, we have concluded we are the PB 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 have concluded that we are not the PB 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, 2023 Land Develop- Home Rental Property Joint Ventures Gibraltar 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 October 31, 2022 Land Develop- Home Rental Property Joint Ventures Gibraltar Total Cash and cash equivalents $ 132,344 $ 19,628 $ 102,270 $ 642 $ 254,884 Inventory 1,047,437 168,743 — 40,035 1,256,215 Loan receivables, net — — — 48,217 48,217 Rental properties — — 1,702,690 — 1,702,690 Rental properties under development — — 1,413,607 — 1,413,607 Other assets 172,110 15,232 117,027 881 305,250 Total assets $ 1,351,891 $ 203,603 $ 3,335,594 $ 89,775 $ 4,980,863 Debt, net of deferred financing costs $ 443,061 $ 16,770 $ 1,788,923 $ — $ 2,248,754 Other liabilities 100,931 52,116 225,812 20,959 399,818 Members’ equity 807,899 134,717 1,320,859 68,816 2,332,291 Total liabilities and equity $ 1,351,891 $ 203,603 $ 3,335,594 $ 89,775 $ 4,980,863 Company’s net investment in unconsolidated entities (1) $ 343,314 $ 49,385 $ 441,399 $ 18,216 $ 852,314 (1) Our underlying equity in the net assets of the unconsolidated entities was less than our net investment in unconsolidated entities by $40.9 million and $18.5 million as of October 31, 2023 and 2022, 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, 2023 Land Develop- Home Rental Property Joint Ventures Gibraltar 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 Gibraltar 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 (deficit) in earnings of unconsolidated entities (3) $ 20,402 $ 1,068 $ (335) $ 2,588 $ 23,723 For the year ended October 31, 2021 Land Develop- Home Rental Property Joint Ventures Gibraltar Total Revenues $ 110,330 $ 88,534 $ 141,373 $ 21,357 $ 361,594 Cost of revenues 81,207 105,436 61,278 10,506 258,427 Other expenses 2,622 4,887 143,050 1,947 152,506 Total expenses 83,829 110,323 204,328 12,453 410,933 Loss on disposition of loans and REO — — — (4,109) (4,109) Income (loss) from operations 26,501 (21,789) (62,955) 4,795 (53,448) Other income (2) 8,807 317 177,777 — 186,901 Income (loss) before income taxes 35,308 (21,472) 114,822 4,795 133,453 Income tax provision (benefit) 258 (875) (824) — (1,441) Net income (loss) $ 35,050 $ (20,597) $ 115,646 $ 4,795 $ 134,894 Company’s equity (deficit) in earnings of unconsolidated entities (3) $ 18,155 $ (241) $ 53,792 $ 2,329 $ 74,035 (2) Other income generated by Rental Property Joint Ventures for the years ending October 31, 2023, 2022, and 2021 include gains of $106.2 million, $29.9 million, and $177.6 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
	Oct. 31, 2023
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, 2023 and 2022, consisted of the following (amounts in thousands): 2023 2022 Expected recoveries from insurance carriers and others $ 94,987 $ 41,527 Improvement cost receivable 40,992 60,812 Escrow cash held by our wholly owned captive title company 44,273 51,796 Properties held for rental apartment and commercial development 225,261 224,593 Prepaid expenses 43,763 44,307 Right-of-use asset 102,787 116,660 Derivative assets 41,612 71,929 Other 97,581 135,604 $ 691,256 $ 747,228

Loans Payable, Senior Notes, an

Loans Payable, Senior Notes, and Mortgage Company Loan Facility	12 Months Ended
	Oct. 31, 2023
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, 2023 and 2022, loans payable consisted of the following (amounts in thousands): 2023 2022 Senior unsecured term loan $ 650,000 $ 650,000 Loans payable – other 517,378 537,043 Deferred issuance costs (3,154) (1,768) $ 1,164,224 $ 1,185,275 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. On February 14, 2023, we entered into an amendment to the Term Loan Facility to extend the maturity date of $487.5 million of outstanding term loans to February 14, 2028, with $60.9 million due on November 1, 2026 and the remaining $101.6 million due on November 1, 2025. In addition, this amendment replaced the London Interbank Offered Rate (“LIBOR”)-based interest rate provisions applicable to borrowings under the Term Loan Facility with Secured Overnight Financing Rate (“SOFR”)-based interest rate provisions. At October 31, 2023, other than $101.6 million of term loans scheduled to mature on November 1, 2025 and the $60.9 million scheduled to mature on November 1, 2026, there are no payments required before the final maturity date on the Term Loan Facility. The Term Loan Facility provides an accordion feature under which we may, subject to certain conditions set forth in the agreement, increase the Term Loan Facility up to a maximum aggregate amount of $1.5 billion. Under the Term Loan Facility, as amended, 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, 2023, the interest rate on the Term Loan Facility was 6.20% 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 New Revolving Credit Facility, as 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, 2023. These interest rate swaps were designated as cash flow hedges. Revolving Credit Facility On February 14, 2023, we entered into a new five Under the New Revolving Credit Facility, up to 100% of the commitment is available for letters of credit. The New Revolving Credit Facility has an accordion feature under which we may, subject to certain conditions set forth in the agreement, increase the New Revolving Credit Facility up to a maximum aggregate amount of $3.00 billion. We may select interest rates for the New Revolving Credit Facility equal to (i) SOFR plus an applicable margin or (ii) the lenders’ base rate plus an applicable margin, which in each case is based on our credit rating and leverage ratio. At October 31, 2023, the interest rate on outstanding borrowings under the New Revolving Credit Facility would have been 6.50% per annum. We are obligated to pay an undrawn commitment fee that is based on the average daily unused amount of the Aggregate Credit Commitment and our credit ratings and leverage ratio. Any proceeds from borrowings under the New Revolving Credit Facility may be used for general corporate purposes. Under the terms of the New Revolving Credit Facility, at October 31, 2023, our maximum leverage ratio (as defined in the credit agreement) was not permitted to exceed 1.75 to 1.00, and we were required to maintain a minimum tangible net worth (as defined in the credit agreement) of no less than approximately $3.98 billion. Under the terms of the New Revolving Credit Facility, at October 31, 2023, our leverage ratio was approximately 0.24 to 1.00 and our tangible net worth was approximately $6.75 billion. Based upon the terms of the New Revolving Credit Facility, our ability to repurchase our common stock was limited to approximately $3.60 billion as of October 31, 2023 and our ability to pay cash dividends was limited to approximately $2.76 billion as of October 31, 2023. At October 31, 2023, we had no outstanding borrowings under the New Revolving Credit Facility and had outstanding letters of credit of $118.9 million. Loans Payable – Other “Loans payable – other” primarily represent purchase money mortgages on properties we acquired that the seller had financed, project-level financing, and various revenue bonds that were issued by government entities on our behalf to finance community infrastructure and our manufacturing facilities. Information regarding our loans payable at October 31, 2023 and 2022, is included in the table below ($ amounts in thousands): 2023 2022 Aggregate loans payable at October 31 $ 517,378 $ 537,043 Weighted-average interest rate 5.25 % 4.14 % Interest rate range 0.38% - 9.00% 0.19% - 7.00% Loans secured by assets: Carrying value of loans secured by assets $ 516,186 $ 537,043 Carrying value of assets securing loans $ 1,416,034 $ 1,327,683 The contractual maturities of “Loans payable – other” as of October 31, 2023, ranged from one month to 29.5 years. Senior Notes At October 31, 2023 and 2022, senior notes consisted of the following (amounts in thousands): 2023 2022 4.375% Senior Notes due April 15, 2023 $ — $ 400,000 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 (3,815) (4,729) $ 1,596,185 $ 1,995,271 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 New Revolving Credit Facility and the Term Loan Facility. The senior notes are 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. In November 2021, we redeemed the remaining $409.9 million principal amount of 5.875% Senior Notes due February 15, 2022, at par, plus accrued interest. In March 2021, we redeemed, prior to maturity, all $250.0 million aggregate principal amount of our then-outstanding 5.625% Senior Notes due 2024. In connection with this redemption, we incurred a pre-tax charge of $34.2 million, inclusive of the write-off of unamortized deferred financing costs, which is recorded in our Consolidated Statement of Operations and Comprehensive Income. In the first quarter of fiscal 2021, we redeemed, prior to maturity, approximately $10.0 million of the $409.9 million then-outstanding principal amount of 5.875% Senior Notes due February 15, 2022, plus accrued interest. Mortgage Company Loan Facility Toll Brothers Mortgage Company (“TBMC”), our wholly owned mortgage subsidiary, has a mortgage warehousing agreement (“Warehousing Agreement”) with a bank, which has been amended from time to time, to finance the origination of mortgage loans by TBMC. The Warehousing Agreement is accounted for as a secured borrowing under ASC 860, “Transfers and Servicing.” The Warehousing Agreement provides for loan purchases up to $75.0 million, subject to certain sublimits. In addition, the Warehousing Agreement, provides for an accordion feature under which TBMC may request that the aggregate commitments under the Warehousing Agreement be increased to an amount up to $150.0 million for a short period of time. We are also subject to an under usage fee based on outstanding balances, as defined in the Warehousing Agreement. Before the amendment in March 2023, the Warehousing Agreement was set to expire on March 31, 2023. In March 2023, the Warehousing Agreement was amended to extend the expiration date to March 30, 2024 and borrowings thereunder to bear interest at the Bloomberg Short-Term Yield Index Rate (“BSBY”) plus 1.75% per annum (with a BSBY floor of 0.50%). At October 31, 2023, the interest rate on the Warehousing Agreement was 7.15% per annum. Borrowings under this facility are included in the fiscal 2024 maturities in the table below. At each of October 31, 2023 and 2022, there was $100.1 million and $148.9 million, respectively, outstanding under the Warehousing Agreement, which are included in liabilities in our Consolidated Balance Sheets. At October 31, 2023 and 2022, amounts outstanding under the agreement were collateralized by $104.7 million and $187.2 million, respectively, of mortgage loans held for sale, which are included in assets in our Consolidated Balance Sheets. As of October 31, 2023, 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. 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. TMBC is also subject to an under usage fee based on outstanding balances, as defined in the New Warehousing Agreement. The New Warehousing Agreement is set to expire on December 3, 2024 and bears interest at SOFR plus 1.75% per annum (with a SOFR floor of 2.50%). General As of October 31, 2023, the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2024 $ 317,593 2025 $ 123,930 2026 $ 536,349 2027 $ 529,799 2028 $ 407,890

Accrued Expenses

Accrued Expenses	12 Months Ended
	Oct. 31, 2023
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses at October 31, 2023 and 2022, consisted of the following (amounts in thousands): 2023 2022 Land, land development and construction $ 555,146 $ 334,975 Compensation and employee benefits 212,684 223,609 Escrow liability associated with our wholly owned captive title company 42,451 44,115 Self-insurance 230,688 251,576 Warranty 206,171 164,409 Lease liabilities 123,866 139,664 Deferred income 52,907 50,973 Interest 30,044 31,988 Commitments to unconsolidated entities 29,212 26,905 Other 65,612 77,773 $ 1,548,781 $ 1,345,987 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 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Balance, beginning of year $ 164,409 $ 145,062 $ 157,351 Additions - homes closed during the year 44,949 42,423 42,316 Addition - liabilities assumed in an asset acquisition — 150 100 Increase in accruals for homes closed in prior years - net 12,739 10,433 9,155 Increase in accruals expected to be recovered from third parties (1) 58,000 29,000 — Reclassification from self-insurance accruals 696 — 3,618 Decrease to water intrusion accrual — — (11,823) Charges incurred (74,622) (62,659) (55,655) Balance, end of year $ 206,171 $ 164,409 $ 145,062 (1) These increases 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. Since fiscal 2014, we have received water intrusion claims from owners of homes built since 2002 in communities located in Pennsylvania and Delaware (which are in our North region). Our recorded remaining estimated repair costs, which reflects a reduction for the aggregate amount expended to resolve claims, were approximately $41.1 million at October 31, 2023 and $46.9 million at October 31, 2022. We continue to perform review procedures to assess, among other things, the number of affected homes, whether repairs are likely to be required, and the extent of such repairs.

Income Taxes

Income Taxes	12 Months Ended
	Oct. 31, 2023
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, 2023, 2022, and 2021 ($ amounts in thousands): 2023 2022 2021 $ %* $ %* $ %* Federal tax provision at statutory rate 386,898 21.0 357,782 21.0 231,066 21.0 State tax provision, net of federal benefit 90,698 4.9 75,465 4.4 50,153 4.6 Other permanent differences (2,782) (0.2) 4,386 0.3 8,388 0.8 Reversal of accrual for uncertain tax positions (621) — (1,690) (0.1) (993) (0.1) Accrued interest on anticipated tax assessments 403 — 234 — 297 — Increase in unrecognized tax benefits 2,209 0.1 658 — — — Excess stock compensation benefit (7,320) (0.4) (3,012) (0.2) (4,698) (0.4) Energy tax credits (2,348) (0.1) (22,153) (1.3) (24,343) (2.2) Other 3,163 0.2 5,556 0.3 6,818 0.6 Income tax provision* 470,300 25.5 417,226 24.5 266,688 24.2 * 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 estimate that our rate for state income taxes, before federal benefit, will be 6.2% in fiscal 2023. Our state income tax rate, before federal benefit, was 5.6% and 5.8% in fiscal 2022 and 2021, respectively The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Federal $ 385,650 $ 343,524 $ 213,314 State 84,650 73,702 53,374 $ 470,300 $ 417,226 $ 266,688 Current $ 433,837 $ 513,075 $ 254,873 Deferred 36,463 (95,849) 11,815 $ 470,300 $ 417,226 $ 266,688 The components of income taxes payable at October 31, 2023 and 2022 are set forth below (amounts in thousands): 2023 2022 Current $ 5,978 $ 168,548 Deferred 160,290 122,931 $ 166,268 $ 291,479 The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Balance, beginning of year $ 4,922 $ 5,780 $ 6,591 Increase in benefit as a result of tax positions taken in prior years 3,633 296 624 Increase in benefit as a result of tax positions taken in current year 2,733 833 — Decrease in benefit as a result of lapse of statute of limitations (776) (1,987) (1,435) Balance, end of year $ 10,512 $ 4,922 $ 5,780 The statute of limitations has expired on our federal tax returns for fiscal years through 2019. The statute of limitations for our major state tax jurisdictions remains open for examination for fiscal year 2018 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 each of the three fiscal years ended October 31, 2023, 2022, and 2021, and the amounts accrued for potential interest and penalties at October 31, 2023 and 2022 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2023 $ 332 2022 $ 296 2021 $ 376 Accrued at: October 31, 2023 $ 1,259 October 31, 2022 $ 1,157 The components of net deferred tax assets and liabilities at October 31, 2023 and 2022 are set forth below (amounts in thousands): 2023 2022 Deferred tax assets: Accrued expenses $ 48,088 $ 50,164 Impairment charges 25,005 37,418 Inventory valuation differences 20,690 41,154 Stock-based compensation expense 12,603 17,064 Amounts related to unrecognized tax benefits 1,385 203 State tax, net operating loss carryforwards 11,129 24,185 Other 1,709 1,691 Total assets 120,609 171,879 Deferred tax liabilities: Capitalized interest 22,909 26,791 Deferred income 223,225 226,929 Expenses taken for tax purposes not for book 3,143 2,961 Depreciation 14,484 19,391 Deferred marketing 17,138 18,738 Total liabilities 280,899 294,810 Net deferred tax liabilities $ (160,290) $ (122,931) 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, 2023 and 2022, we determined that it was more-likely-than-not that our deferred tax assets would be realized. Accordingly, at October 31, 2023 and 2022, we did not have valuation allowances recorded against our federal or state deferred tax assets. We file tax returns in the various states in which we do business. Each state has its own statutes regarding the use of tax loss carryforwards. Some of the states in which we do business do not allow for the carryforward of losses, while others allow for carryforwards ranging from five years to an indefinite carryforward period.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Oct. 31, 2023
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, 2023, we had 103.8 million shares of common stock issued and outstanding, 3.1 million shares of common stock reserved for outstanding stock options and restricted stock units, 3.7 million shares of common stock reserved for future stock option and award issuances, and 252,000 shares of common stock reserved for issuance under our employee stock purchase plan. As of October 31, 2023, no shares of preferred stock have been issued. Cash Dividends On February 21, 2017, our Board of Directors approved the initiation of quarterly cash dividends to shareholders. In March 2023, our Board of Directors approved an increase in the quarterly dividend from $0.20 to $0.21 per share, which was previously increased from $0.17 to $0.20 in March 2022. During fiscal years 2023, 2022 and 2021, we declared and paid aggregate cash dividends of $0.83, $0.77 and $0.62 per share, respectively, to our shareholders. Stock Repurchase Program From time to time since fiscal 2017, 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. On May 17, 2022, our Board of Directors renewed its authorization to repurchase 20 million shares of our common stock and terminated, effective the same date, the existing authorization that had been in effect since March 10, 2020. The Board of Directors did not fix any expiration date for this repurchase program. 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 following table provides information about the share repurchase programs for the fiscal years ended October 31, 2023, 2022, and 2021: 2023 2022 2021 Number of shares purchased (in thousands) 7,860 11,000 7,421 Average price per share (1) $ 72.00 $ 49.34 $ 50.97 Remaining authorization at October 31 (in thousands) 6,716 14,577 12,563 (1) Average price per share includes costs associated with the purchases. For the fiscal 2023 period, 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 The changes in each component of accumulated other comprehensive income (“AOCI”), for fiscal years ended October 31, 2023, 2022, and 2021, were as follows (amounts in thousands): 2023 2022 2021 Employee Retirement Plans Beginning balance $ 2,475 $ (6,024) $ (7,198) Gains arising during the period 736 9,573 152 Less: Tax expense (199) (2,424) (316) Net gains (losses) arising during the period 537 7,149 (164) Losses reclassified from AOCI to net income (1) 92 1,805 1,801 Less: Tax benefit (2) (24) (455) (463) Net losses reclassified from AOCI to net income 68 1,350 1,338 Other comprehensive income, net of tax 605 8,499 1,174 Ending balance $ 3,080 $ 2,475 $ (6,024) Derivative Instruments Beginning balance $ 35,143 $ 7,133 $ — Gains on derivative instruments 8,369 37,539 9,383 Less: Tax expense (2,110) (9,505) (2,408) Net gains on derivative instruments 6,259 28,034 6,975 (Gains) losses reclassified from AOCI to net income (3) (4,784) (32) 211 Less: Tax benefit (expense) (2) 1,212 8 (53) Net (gains) losses reclassified from AOCI to net income (3,572) (24) 158 Other comprehensive income, net of tax 2,687 28,010 7,133 Ending balance $ 37,830 $ 35,143 $ 7,133 Total AOCI ending balance $ 40,910 $ 37,618 $ 1,109 (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
	Oct. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Benefit Plans	Stock-Based Benefit Plans We grant stock options, restricted stock, and various types of restricted stock units to our employees and our non-employee directors under our stock incentive plans. 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 (solely to employees) 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 a two-year period for non-employee directors. 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, 2023, 2022, and 2021, we had 3.7 million; 5.0 million; and 5.7 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 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Total stock-based compensation expense recognized $ 24,805 $ 21,095 $ 23,187 Income tax benefit recognized $ 6,291 $ 5,312 $ 5,910 At October 31, 2023, the aggregate unamortized value of outstanding stock-based compensation awards was approximately $23.2 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 2023, 2022, and 2021, 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. The value of the Performance-Based RSUs was determined to be equal to the estimated number of shares of our common stock to be issued multiplied by the closing price of our common stock on the New York Stock Exchange (“NYSE”) on the date the Performance-Based RSUs were approved by the Executive Compensation Committee (“Valuation Date”), adjusted for post-vesting restrictions applicable to retirement eligible participants. Compensation expense related to these grants is based on the Company’s performance against the related performance criteria, the elapsed portion of the performance period and the grant date fair value of the award. To estimate the fair value of the award, we evaluate the performance goals quarterly and estimate the number of shares underlying the Performance-Based RSUs that are probable of being issued. A summary of the status of our nonvested Performance-Based RSUs as of October 31, 2023, and changes during the year ended October 31, 2023, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2022 280 $ 39.79 Granted 126 $ 39.44 Vested (153) $ 36.53 Nonvested at October 31, 2023 253 $ 41.60 The following table provides information regarding the issuance, valuation assumptions, and amortization of the Performance-Based RSUs issued in fiscal 2023, 2022, and 2021: 2023 2022 2021 Estimated number of shares underlying Performance-Based RSUs to be issued 126,068 71,576 128,894 Aggregate number of Performance-Based RSUs outstanding at October 31 442,961 507,604 539,592 Weighted-average fair value per share of Performance-Based RSUs issued $ 34.70 $ 45.41 $ 29.87 Aggregate grant date fair value of Performance-Based RSUs issued (in thousands) $ 7,244 $ 6,156 $ 5,030 Performance-Based RSUs expense recognized (in thousands) $ 5,838 $ 4,346 $ 5,989 Fair market value of Performance-Based RSUs vested (in thousands) $ 5,595 $ 4,514 $ 5,084 Shares earned with respect to Performance-Based RSUs granted in December 2016, 2017, and 2018 were delivered in fiscal 2021, 2022, and 2023, 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. These Time-Based RSUs generally vest in annual installments over a two-year (for non-employee directors) or four-year (for employees) period and are generally settled at the end of such period. The value of the Time-Based RSUs are determined to be equal to the number of shares of our common stock underlying the Time-Based RSUs multiplied by the closing price of our common stock on the NYSE on the date the Time-Based RSUs are awarded, adjusted for post-vesting restrictions applicable to retirement eligible participants. The fair value of Time-Based RSUs is expensed evenly over the shorter of the vesting period or the period between the grant date and the time the award becomes nonforfeitable to the participant. A summary of our Time-Based RSUs nonvested shares as of October 31, 2023, and changes during the year ended October 31, 2023, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2022 842 $ 47.18 Granted 549 $ 51.65 Vested (336) $ 43.44 Forfeited (40) $ 52.28 Nonvested at October 31, 2023 1,015 $ 50.64 The following table provides additional information on the Time-Based RSUs for fiscal 2023, 2022, and 2021: 2023 2022 2021 Time-Based RSUs issued: Number of Time-Based RSUs issued 324,399 276,421 386,017 Weighted-average fair value per share of Time-Based RSUs issued $ 34.26 $ 45.55 $ 33.21 Aggregate fair value of Time-Based RSUs issued (in thousands) $ 11,114 $ 12,591 $ 12,820 Time-Based RSUs expense recognized (in thousands): $ 18,340 $ 15,738 $ 14,531 Fair market value of Time-Based RSUs vested (in thousands): $ 14,592 $ 13,925 $ 14,029 2023 2022 2021 At October 31: Aggregate number of Time-Based RSUs outstanding 1,500,097 1,315,303 1,312,710 Cumulative unamortized value of Time-Based RSUs (in thousands) $ 22,836 $ 14,902 $ 12,919

Earnings Per Share Information

Earnings Per Share Information	12 Months Ended
	Oct. 31, 2023
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, 2023, 2022, and 2021, is as follows (amounts in thousands): 2023 2022 2021 Numerator: Net income as reported $ 1,372,071 $ 1,286,500 $ 833,627 Denominator: Basic weighted-average shares 110,020 116,771 124,100 Common stock equivalents (1) 988 1,204 1,707 Diluted weighted-average shares 111,008 117,975 125,807 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 200 410 166 Shares issued under stock incentive and employee stock purchase plans 2,026 507 1,011 (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 under our restricted stock units programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average of the average quarterly closing prices of our common stock on the NYSE for the year.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
	Oct. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Financial Instruments A summary of assets and (liabilities) at October 31, 2023 and 2022, 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, 2023 October 31, 2022 Residential Mortgage Loans Held for Sale Level 2 $ 110,555 $ 185,150 Forward Loan Commitments – Residential Mortgage Loans Held for Sale Level 2 $ 2,234 $ 9,184 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (4,135) $ (17,734) Forward Loan Commitments – IRLCs Level 2 $ 4,135 $ 17,734 Interest Rate Swap Contracts Level 2 $ 35,243 $ 45,010 At October 31, 2023 and 2022, 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, 2023 and 2022, 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 2023 $ 114,835 $ 110,555 $ (4,280) 2022 $ 193,746 $ 185,150 $ (8,596) 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 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. 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 of inventory were insignificant in each of the three fiscal years ended October 31, 2023, 2022, and 2021 and, accordingly, we did not disclose the ranges of certain quantitative unobservable inputs utilized in determining the fair value of these impaired 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, 2023 and 2022 (amounts in thousands): 2023 2022 Fair value hierarchy Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,167,378 $ 1,150,704 $ 1,187,043 $ 1,180,893 Senior notes (2) Level 1 1,600,000 1,481,220 2,000,000 1,822,255 Mortgage company loan facility (3) Level 2 100,058 100,058 148,863 148,863 $ 2,867,436 $ 2,731,982 $ 3,335,906 $ 3,152,011 (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
	Oct. 31, 2023
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 $17.1 million, $17.1 million, and $15.5 million for the fiscal years ended October 31, 2023, 2022, and 2021, 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 $35.6 million and $35.7 million at October 31, 2023 and 2022, respectively, for our obligations under the plan. 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 5.83%, 5.26%, and 2.27% discount rate in our calculation of the present value of our projected benefit obligations at October 31, 2023, 2022, and 2021, 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, 2023, 2022 and 2021. Information related to our retirement plans for each of the fiscal years ended October 31, 2023, 2022, and 2021, is as follows (amounts in thousands): 2023 2022 2021 Plan costs: Service cost $ 137 $ 261 $ 452 Interest cost 1,869 1,055 926 Amortization of prior service cost 1,407 1,806 1,723 Amortization of unrecognized losses (1,316) — 77 $ 2,097 $ 3,122 $ 3,178 Projected benefit obligation: Beginning of year $ 36,904 $ 47,705 $ 48,374 Plan amendments adopted during year 1,171 — 755 Service cost 137 261 452 Interest cost 1,869 1,055 926 Benefit payments (2,748) (2,544) (1,894) Change in unrecognized (gain) loss (1,957) (9,573) (908) Projected benefit obligation, end of year $ 35,376 $ 36,904 $ 47,705 Unamortized prior service cost: Beginning of year $ 3,678 $ 5,484 $ 6,452 Plan amendments adopted during year 1,171 — 755 Amortization of prior service cost (1,407) (1,806) (1,723) Unamortized prior service cost, end of year $ 3,442 $ 3,678 $ 5,484 Accumulated unrecognized gain (loss), October 31 $ 7,926 $ 7,285 $ (2,288) Accumulated benefit obligation, October 31 $ 35,376 $ 36,904 $ 47,705 Accrued benefit obligation, October 31 $ 35,376 $ 36,904 $ 47,705 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, 2033 in the aggregate (in thousands): Year ending October 31, Amount 2024 $ 2,818 2025 $ 3,142 2026 $ 3,533 2027 $ 3,610 2028 $ 3,613 November 1, 2028 – October 31, 2033 $ 16,827

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Oct. 31, 2023
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, 2023 and 2022, is provided in the table below (amounts in thousands): 2023 2022 Aggregate purchase price: Unrelated parties $ 4,191,160 $ 4,279,660 Unconsolidated entities that the Company has investments in 31,477 42,057 Total $ 4,222,637 $ 4,321,717 Deposits against aggregate purchase price $ 449,925 $ 463,452 Additional cash required to acquire land 3,772,712 3,858,265 Total $ 4,222,637 $ 4,321,717 Amount of additional cash required to acquire land included in accrued expenses $ 254,030 $ 34,994 In addition, we expect to purchase approximately 8,200 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, 2023, we also had similar purchase contracts to acquire land for apartment developments of approximately $256.5 million, of which we had outstanding deposits in the amount of $12.9 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, 2023, 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, 2023, we had outstanding surety bonds amounting to $871.6 million, primarily related to our obligations to governmental entities to construct improvements in our communities. We estimate that approximately $355.6 million of work remains on these improvements. We have an additional $323.3 million of surety bonds outstanding that guarantee other obligations. We do not believe it is probable that any outstanding bonds will be drawn upon. At October 31, 2023, we had outstanding letters of credit of $118.9 million under our New 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, 2023, we had provided financial guarantees of $25.7 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, 2023, we had agreements of sale outstanding to deliver 6,578 homes with an aggregate sales value of $6.95 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, 2023 and 2022, is provided in the table below (amounts in thousands): 2023 2022 Aggregate mortgage loan commitments: IRLCs $ 354,716 $ 669,631 Non-IRLCs 1,818,486 2,429,063 Total $ 2,173,202 $ 3,098,694 Investor commitments to purchase: IRLCs $ 354,716 $ 669,631 Mortgage loans receivable 104,703 186,666 Total $ 459,419 $ 856,297 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, 2023, ROU assets and lease liabilities were $102.8 million and $123.9 million, respectively. At October 31, 2022, ROU assets and lease liabilities were $116.7 million and $139.7 million, respectively. Payments on lease liabilities totaled $20.2 million, $17.7 million, and $19.4 million for the years ending October 31, 2023, 2022, and 2021, 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, 2023, 2022, and 2021, our total lease expense was $27.1 million, $25.6 million, and $22.2 million, respectively, inclusive of variable lease costs of approximately $4.2 million, $3.3 million, and $3.1 million, respectively. Short-term lease costs and sublease income was de minimis. Information regarding our remaining lease payments as of October 31, 2023 is provided in the table below (amounts in thousands): Year ended October 31, 2024 $ 23,000 2025 20,600 2026 18,600 2027 15,300 2028 12,700 Thereafter 139,700 Total lease payments (1) $ 229,900 Less: Interest (2) 106,000 Present value of lease liabilities $ 123,900 (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 5.8%, respectively, at October 31, 2023 and 7.8 years and 4.8%, respectively, at October 31, 2022. 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. The weighted average remaining lease term and weighted average discount rate used in calculating these land lease liabilities were 94.4 years and 4.5%, respectively, at October 31, 2023 and 93.5 years and 4.5%, respectively, at October 31, 2022.

Other Income - Net

Other Income - Net	12 Months Ended
	Oct. 31, 2023
Other Income and Expenses [Abstract]
Other Income - net [Text Block]	Other Income – Net The table below provides the components of “Other income – net” for the years ended October 31, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Interest income $ 35,133 $ 6,180 $ 4,320 Income from ancillary businesses 2,846 24,668 36,711 Management fee income earned by home building operations 4,462 7,968 1,646 Gain on litigation settlements – net 27,683 141,234 — Other (2,606) (8,673) (2,063) Total other income – net $ 67,518 $ 171,377 $ 40,614 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, Gibraltar, 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, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Revenues $ 140,272 $ 135,510 $ 139,640 Expenses $ 137,426 $ 110,842 $ 102,929 In fiscal 2022, our smart home technology business recognized a $9.0 million gain from a bulk sale of security monitoring accounts, which is included in income from ancillary businesses above. In fiscal 2023 and fiscal 2022, we recognized $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 2023, income from ancillary businesses included management fees earned on our apartment rental development, high-rise urban luxury condominium, and Gibraltar unconsolidated entities and operations totaling $34.7 million. In fiscal 2022 and 2021, income from ancillary businesses included management fees earned on our apartment rental development and Gibraltar unconsolidated entities and operations totaling $25.9 million and $22.7 million, respectively. 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
	Oct. 31, 2023
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, 2023, 2022, and 2021 (amounts in thousands). Revenue Income (loss) before income taxes 2023 2022 2021 2023 2022 2021 North $ 1,494,127 $ 1,853,720 $ 2,011,896 $ 197,414 $ 280,829 $ 313,694 Mid-Atlantic 1,175,348 1,148,966 1,076,900 243,464 189,485 128,494 South 2,204,763 1,519,600 1,183,272 416,711 249,665 153,799 Mountain 2,660,746 2,747,783 2,003,045 517,080 509,512 276,360 Pacific 2,329,365 2,441,959 2,156,114 610,126 572,844 382,855 Total home building 9,864,349 9,712,028 8,431,227 1,984,795 1,802,335 1,255,202 Corporate and other (1) 1,677 (858) 519 (142,424) (98,609) (154,887) 9,866,026 9,711,170 8,431,746 1,842,371 1,703,726 1,100,315 Land sales and other revenue 128,911 564,388 358,615 Total consolidated $ 9,994,937 $ 10,275,558 $ 8,790,361 $ 1,842,371 $ 1,703,726 $ 1,100,315 (1) Included in our fourth quarter of fiscal 2022 is a $141.2 million net gain related to a favorable litigation settlement as further discussed in Note 15, “Other Income - Net”. “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 Gibraltar Joint Ventures. Total assets for each of our segments at October 31, 2023 and 2022, are shown in the table below (amounts in thousands): 2023 2022 North $ 1,281,479 $ 1,464,995 Mid-Atlantic 1,323,381 1,049,043 South 2,399,055 2,137,568 Mountain 2,666,874 2,785,603 Pacific 2,175,776 2,174,065 Total home building 9,846,565 9,611,274 Corporate and other 2,680,453 2,677,440 Total consolidated $ 12,527,018 $ 12,288,714 “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, our Gibraltar investments and operations, manufacturing facilities, our apartment rental development and high-rise urban luxury condominium businesses, 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, 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 Balances at October 31, 2022 North $ 25,876 $ 125,762 $ 1,142,060 $ 1,293,698 Mid-Atlantic 50,425 245,208 700,844 996,477 South 67,173 190,081 1,570,059 1,827,313 Mountain 15,890 119,315 2,523,027 2,658,232 Pacific 81,387 128,485 1,747,734 1,957,606 Total consolidated $ 240,751 $ 808,851 $ 7,683,724 $ 8,733,326 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, 2023, 2022, and 2021, are shown in the table below (amounts in thousands): 2023 2022 2021 North $ 677 $ 11,860 $ 12,194 Mid-Atlantic 15,898 3,369 12,022 South 1,766 3,391 662 Mountain 5,662 4,091 379 Pacific 6,703 10,030 1,278 Total consolidated $ 30,706 $ 32,741 $ 26,535 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, 2023 2022 2023 2022 2021 North $ 65,285 $ 49,385 $ 972 $ 1,068 $ (641) Mid-Atlantic 19,807 26,171 283 (405) 5,953 South 169,004 174,901 13,520 20,065 12,619 Mountain 61,363 53,046 (211) 494 — Pacific 100,980 89,196 (414) 248 (17) Total home building 416,439 392,699 14,150 21,470 17,914 Corporate and other 542,602 459,615 35,948 2,253 56,121 Total consolidated $ 959,041 $ 852,314 $ 50,098 $ 23,723 $ 74,035 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Gibraltar Joint Ventures.

Supplemental Disclosure to Stat

Supplemental Disclosure to Statements of Cash Flows	12 Months Ended
	Oct. 31, 2023
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, 2023, 2022 and 2021 (amounts in thousands): 2023 2022 2021 Cash flow information: Income tax paid - net $ 584,695 $ 350,650 $ 229,742 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses - net $ 359,042 $ 273,893 $ 174,726 Reclassification from inventory to property, construction, and office equipment - net $ 1,170 $ — $ 39,309 Transfer of inventory to investment in unconsolidated entities $ 1,000 $ 46,019 $ 50,841 Transfer of other assets to investment in unconsolidated entities, net $ 47,780 $ 100,123 $ 94,332 Transfer of other assets to property, construction, and office equipment - net $ 47,280 $ 16,168 $ — Unrealized (loss) gain on derivatives $ (9,767) $ 34,680 $ 10,330 At October 31, 2023 2022 2021 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 1,300,068 $ 1,346,754 $ 1,638,494 Restricted cash included in receivables, prepaid expenses, and other assets $ 44,273 $ 51,796 $ 45,918 Total cash, cash equivalents, and restricted cash shown in the Consolidated $ 1,344,341 $ 1,398,550 $ 1,684,412

Summary Consolidated Quarterly

Summary Consolidated Quarterly Financial Data (Unaudited)	12 Months Ended
	Oct. 31, 2023
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 2023 and 2022 (amounts in thousands, except per share data): Three Months Ended October 31 July 31 April 30 January 31 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 Fiscal 2022: Revenue: Home sales $ 3,580,952 $ 2,256,337 $ 2,186,529 $ 1,687,352 Land sales and other $ 131,182 $ 238,465 $ 91,012 $ 103,729 Gross profit (loss): Home sales $ 963,038 $ 585,634 $ 527,264 $ 397,825 Land sales and other $ 1,571 $ 8,904 $ (1,969) $ 4,112 Income before income taxes (1) $ 841,144 $ 365,951 $ 295,815 $ 200,816 Net income (1) $ 640,536 $ 273,467 $ 220,593 $ 151,904 Earnings per share (2) Basic $ 5.67 $ 2.37 $ 1.87 $ 1.26 Diluted $ 5.63 $ 2.35 $ 1.85 $ 1.24 Weighted-average number of shares Basic 112,914 115,334 117,839 120,996 Diluted 113,793 116,326 118,925 122,858 (1) Included in our fourth quarter of 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) 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
	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Pay vs Performance Disclosure
Net income	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 640,536	$ 273,467	$ 220,593	$ 151,904	$ 1,372,071	$ 1,286,500	$ 833,627

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
	Oct. 31, 2023
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

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2023
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. 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. 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 Liquid investments or 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 2023, 2022 and 2021, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred 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 2023, 2022 and 2021, the Company’s qualified inventory exceeded its indebtedness and substantially all interest incurred 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 (“PB”). 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 $285.7 million and $289.4 million at October 31, 2023 and 2022, 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 2023, 2022, and 2021, we recognized $75.5 million, $75.9 million, and $74.8 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 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 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 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. We are also a party to several other joint ventures. We recognize our proportionate share of the earnings and losses of our unconsolidated entities.
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.
Derivatives, Policy	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 and 2021, we cancelled 15 million and 25 million shares of treasury stock, respectively.
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 are not 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, 2023, 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 $540.7 million and $680.6 million at October 31, 2023 and October 31, 2022, respectively. 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. Of the outstanding customer deposits held as of October 31, 2021, we recognized $515.6 million in home sales revenues during the fiscal year ended October 31, 2022. 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; and (4) 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. 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 we determine that the customer will not complete the purchase of the home and 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 We expense advertising costs as incurred. Advertising costs, including brochures and signage, were $49.6 million, $42.5 million, and $39.1 million for the years ended October 31, 2023, 2022, and 2021, respectively.
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. Over the past several years, we have had a significant number of warranty claims related primarily to homes built in Pennsylvania and Delaware. See Note 7 – “Accrued Expenses” for additional information regarding these warranty charges.
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 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
Legal Costs, Policy [Policy Text Block]	Legal Expenses
Income Tax, Policy [Policy Text Block]	Income Taxes We account for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). 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. In accordance with the provisions of ASC 740, we assess the realizability of our deferred tax assets. 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. We establish reserves for income taxes when, despite the belief that our tax positions are fully supportable, we believe that our positions may be challenged and disallowed by various tax authorities. The consolidated tax provisions and related accruals include the impact of such reasonably estimable disallowances as deemed appropriate. To the extent that the probable tax outcome of these matters changes, such changes in estimates will impact the income tax provision in the period in which such determination is made. 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 jurisdiction. 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 We operate in the following five geographic segments, with current operations generally located in the states listed below: Eastern Region: • 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; Western Region: • 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 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 reviewing the impact that the adoption of ASU 2023-07 may have on our consolidated financial statements and disclosures. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to estimate credit losses. ASU 2016-13 became effective for our fiscal year beginning November 1, 2020, and we adopted the standard under the modified retrospective transition method. As a result of the adoption, we recognized a cumulative effect adjustment, net of tax, of $0.6 million to the opening balance of retained earnings. The adoption of ASU 2016-13 did not have a material impact on our consolidated financial statements or disclosures, and there have been no significant changes to our internal controls, processes, or systems as a result of implementing this new standard. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848),” as amended by ASU 2021-01 in January 2021 and ASU 2022-06 in December 2022 (“ASC 848”), directly addressing the effects of reference rate reform on financial reporting as a result of the cessation of the publication of certain London Interbank Offered Rate (“LIBOR”) rates beginning December 31, 2021. The guidance provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform by virtue of referencing LIBOR or another reference rate expected to be discontinued. This guidance became effective on March 12, 2020 and can be adopted no later than December 31, 2024, with early adoption permitted. We elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. We continue to evaluate the impact of the guidance on our consolidated financial statements and may apply other elections as applicable as additional changes in the market occur.
Reclassification, Comparability Adjustment	Reclassification Certain prior period amounts have been reclassified to conform to the fiscal 2023 presentation.

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Oct. 31, 2023
Inventory Disclosure [Abstract]
Inventory	Inventory at October 31, 2023 and 2022 consisted of the following (amounts in thousands): 2023 2022 Land controlled for future communities $ 173,175 $ 240,751 Land owned for future communities 663,413 808,851 Operating communities 8,220,990 7,683,724 $ 9,057,578 $ 8,733,326
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 in each of the three fiscal years ended October 31, 2023, 2022, and 2021, are shown in the table below (amounts in thousands): Charge: 2023 2022 2021 Land controlled for future communities $ 10,712 $ 13,051 $ 5,620 Land owned for future communities 1,493 19,690 19,805 Operating communities 18,501 — 1,110 $ 30,706 $ 32,741 $ 26,535
Interest incurred, capitalized and expensed	Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2023, 2022, and 2021, was as follows (amounts in thousands): 2023 2022 2021 Interest capitalized, beginning of year $ 209,468 $ 253,938 $ 297,975 Interest incurred 140,426 135,029 152,986 Interest expensed to home sales cost of revenues (139,410) (164,831) (187,237) Interest expensed to land sales and other cost of revenues (10,787) (5,788) (4,372) Interest reclassified to property, construction and office equipment - net — — (1,034) Interest capitalized on investments in unconsolidated entities (9,783) (6,699) (4,574) Previously capitalized interest transferred to investments in unconsolidated entities (244) (2,412) — Previously capitalized interest on investments in unconsolidated entities transferred to inventory 880 231 194 Interest capitalized, end of year $ 190,550 $ 209,468 $ 253,938

Investments in Unconsolidated_2

Investments in Unconsolidated Entities (Tables)	12 Months Ended
	Oct. 31, 2023
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, 2023, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar 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 these joint ventures. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 25% to 50% . (2) Our remaining funding commitment includes approximately $105.4 million related to our unconsolidated joint venture-related variable interests in VIEs. The table below provides information as of October 31, 2022, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar Total Number of unconsolidated entities 15 3 41 4 63 Investment in unconsolidated entities (1) $ 343,314 $ 49,385 $ 441,399 $ 18,216 $ 852,314 Number of unconsolidated entities with funding commitments by the Company 9 1 18 1 29 Company’s remaining funding commitment to unconsolidated entities (2) $ 180,812 $ 20,072 $ 90,900 $ 12,533 $ 304,317 (1) Our total investment includes $100.2 million related to 13 unconsolidated joint venture-related variable interests in VIEs and our maximum exposure to losses related to these VIEs is approximately $200.0 million as of October 31, 2022. Our ownership interest in such unconsolidated Joint Venture VIEs ranges from 20% to 50% . (2) Our remaining funding commitment includes approximately $105.0 million related to our unconsolidated joint venture-related variable interests in VIEs.
Summary of Joint Ventures Borrowing information [Table Text Block]	Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2023, regarding the debt financing obtained by category ($ 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 The table below provides information at October 31, 2022, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 10 2 35 47 Aggregate loan commitments $ 557,185 $ 219,650 $ 3,317,261 $ 4,094,096 Amounts borrowed under commitments $ 444,306 $ 17,583 $ 1,774,567 $ 2,236,456
New joint venture formations in fiscal 2020	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 The table below provides information on joint ventures entered into during fiscal 2022 ($ amounts in thousands): Land Development Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Gibraltar Joint Ventures Number of unconsolidated joint ventures entered into during the period 3 2 12 1 Investment balance at October 31, 2022 $ 48,600 $ 48,700 $ 132,200 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, 2023 October 31, 2022 Loan commitments in the aggregate $ 3,341,700 $ 2,858,800 Our maximum estimated exposure under repayment and carry cost guarantees if the full amount of the debt obligations were borrowed (1) $ 688,000 $ 597,800 Debt obligations borrowed in the aggregate $ 1,643,600 $ 1,110,900 Our maximum estimated exposure under repayment and carry cost guarantees of the debt obligations borrowed $ 544,100 $ 390,500 Estimated fair value of guarantees provided by us related to debt and other obligations $ 19,500 $ 16,900 Terms of guarantees 1 month - 1 month - (1) At October 31, 2023 and 2022, our maximum estimated exposure under repayment and carry cost guarantees includes approximately $102.3 million and $95.0 million, respectively, related to our unconsolidated Joint Venture VIEs.
Consolidated Joint Venture Related Variable Interest Entities	The table below provides information as of October 31, 2023 and October 31, 2022, regarding our consolidated joint venture-related variable interests in VIEs ($ amounts in thousands): Balance Sheet Classification October 31, 2023 October 31, 2022 Number of Joint Venture VIEs that the Company is the PB and consolidates 5 5 Carrying value of consolidated VIEs assets Receivables, prepaid expenses, and other assets and Investments in unconsolidated entities $ 89,600 $ 81,300 Our partners’ interests in consolidated VIEs Noncontrolling interest $ 10,200 $ 9,700 Our ownership interest in the above consolidated Joint Venture VIEs ranges from 82% to 98%.
Condensed balance sheet aggregated by type of business	Condensed Combined Balance Sheets: October 31, 2023 Land Develop- Home Rental Property Joint Ventures Gibraltar 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 October 31, 2022 Land Develop- Home Rental Property Joint Ventures Gibraltar Total Cash and cash equivalents $ 132,344 $ 19,628 $ 102,270 $ 642 $ 254,884 Inventory 1,047,437 168,743 — 40,035 1,256,215 Loan receivables, net — — — 48,217 48,217 Rental properties — — 1,702,690 — 1,702,690 Rental properties under development — — 1,413,607 — 1,413,607 Other assets 172,110 15,232 117,027 881 305,250 Total assets $ 1,351,891 $ 203,603 $ 3,335,594 $ 89,775 $ 4,980,863 Debt, net of deferred financing costs $ 443,061 $ 16,770 $ 1,788,923 $ — $ 2,248,754 Other liabilities 100,931 52,116 225,812 20,959 399,818 Members’ equity 807,899 134,717 1,320,859 68,816 2,332,291 Total liabilities and equity $ 1,351,891 $ 203,603 $ 3,335,594 $ 89,775 $ 4,980,863 Company’s net investment in unconsolidated entities (1) $ 343,314 $ 49,385 $ 441,399 $ 18,216 $ 852,314 (1) Our underlying equity in the net assets of the unconsolidated entities was less than our net investment in unconsolidated entities by $40.9 million and $18.5 million as of October 31, 2023 and 2022, 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, 2023 Land Develop- Home Rental Property Joint Ventures Gibraltar 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 Gibraltar 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 (deficit) in earnings of unconsolidated entities (3) $ 20,402 $ 1,068 $ (335) $ 2,588 $ 23,723 For the year ended October 31, 2021 Land Develop- Home Rental Property Joint Ventures Gibraltar Total Revenues $ 110,330 $ 88,534 $ 141,373 $ 21,357 $ 361,594 Cost of revenues 81,207 105,436 61,278 10,506 258,427 Other expenses 2,622 4,887 143,050 1,947 152,506 Total expenses 83,829 110,323 204,328 12,453 410,933 Loss on disposition of loans and REO — — — (4,109) (4,109) Income (loss) from operations 26,501 (21,789) (62,955) 4,795 (53,448) Other income (2) 8,807 317 177,777 — 186,901 Income (loss) before income taxes 35,308 (21,472) 114,822 4,795 133,453 Income tax provision (benefit) 258 (875) (824) — (1,441) Net income (loss) $ 35,050 $ (20,597) $ 115,646 $ 4,795 $ 134,894 Company’s equity (deficit) in earnings of unconsolidated entities (3) $ 18,155 $ (241) $ 53,792 $ 2,329 $ 74,035 (2) Other income generated by Rental Property Joint Ventures for the years ending October 31, 2023, 2022, and 2021 include gains of $106.2 million, $29.9 million, and $177.6 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
	Oct. 31, 2023
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, 2023 and 2022, consisted of the following (amounts in thousands): 2023 2022 Expected recoveries from insurance carriers and others $ 94,987 $ 41,527 Improvement cost receivable 40,992 60,812 Escrow cash held by our wholly owned captive title company 44,273 51,796 Properties held for rental apartment and commercial development 225,261 224,593 Prepaid expenses 43,763 44,307 Right-of-use asset 102,787 116,660 Derivative assets 41,612 71,929 Other 97,581 135,604 $ 691,256 $ 747,228

Loans Payable, Senior Notes, _2

Loans Payable, Senior Notes, and Mortgage Company Loan Facility (Tables)	12 Months Ended
	Oct. 31, 2023
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	At October 31, 2023 and 2022, loans payable consisted of the following (amounts in thousands): 2023 2022 Senior unsecured term loan $ 650,000 $ 650,000 Loans payable – other 517,378 537,043 Deferred issuance costs (3,154) (1,768) $ 1,164,224 $ 1,185,275
Schedule of Loans Payable [Table Text Block]	Information regarding our loans payable at October 31, 2023 and 2022, is included in the table below ($ amounts in thousands): 2023 2022 Aggregate loans payable at October 31 $ 517,378 $ 537,043 Weighted-average interest rate 5.25 % 4.14 % Interest rate range 0.38% - 9.00% 0.19% - 7.00% Loans secured by assets: Carrying value of loans secured by assets $ 516,186 $ 537,043 Carrying value of assets securing loans $ 1,416,034 $ 1,327,683 The contractual maturities of “Loans payable – other” as of October 31, 2023, ranged from one month to 29.5 years.
Schedule of Debt Instrument [Table Text Block]	At October 31, 2023 and 2022, senior notes consisted of the following (amounts in thousands): 2023 2022 4.375% Senior Notes due April 15, 2023 $ — $ 400,000 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 (3,815) (4,729) $ 1,596,185 $ 1,995,271
Schedule of Maturities of Long-term Debt [Table Text Block]	As of October 31, 2023, the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2024 $ 317,593 2025 $ 123,930 2026 $ 536,349 2027 $ 529,799 2028 $ 407,890

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Oct. 31, 2023
Payables and Accruals [Abstract]
Accrued expenses	Accrued expenses at October 31, 2023 and 2022, consisted of the following (amounts in thousands): 2023 2022 Land, land development and construction $ 555,146 $ 334,975 Compensation and employee benefits 212,684 223,609 Escrow liability associated with our wholly owned captive title company 42,451 44,115 Self-insurance 230,688 251,576 Warranty 206,171 164,409 Lease liabilities 123,866 139,664 Deferred income 52,907 50,973 Interest 30,044 31,988 Commitments to unconsolidated entities 29,212 26,905 Other 65,612 77,773 $ 1,548,781 $ 1,345,987
Changes in the warranty accrual	The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Balance, beginning of year $ 164,409 $ 145,062 $ 157,351 Additions - homes closed during the year 44,949 42,423 42,316 Addition - liabilities assumed in an asset acquisition — 150 100 Increase in accruals for homes closed in prior years - net 12,739 10,433 9,155 Increase in accruals expected to be recovered from third parties (1) 58,000 29,000 — Reclassification from self-insurance accruals 696 — 3,618 Decrease to water intrusion accrual — — (11,823) Charges incurred (74,622) (62,659) (55,655) Balance, end of year $ 206,171 $ 164,409 $ 145,062 (1) These increases 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
	Oct. 31, 2023
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, 2023, 2022, and 2021 ($ amounts in thousands): 2023 2022 2021 $ %* $ %* $ %* Federal tax provision at statutory rate 386,898 21.0 357,782 21.0 231,066 21.0 State tax provision, net of federal benefit 90,698 4.9 75,465 4.4 50,153 4.6 Other permanent differences (2,782) (0.2) 4,386 0.3 8,388 0.8 Reversal of accrual for uncertain tax positions (621) — (1,690) (0.1) (993) (0.1) Accrued interest on anticipated tax assessments 403 — 234 — 297 — Increase in unrecognized tax benefits 2,209 0.1 658 — — — Excess stock compensation benefit (7,320) (0.4) (3,012) (0.2) (4,698) (0.4) Energy tax credits (2,348) (0.1) (22,153) (1.3) (24,343) (2.2) Other 3,163 0.2 5,556 0.3 6,818 0.6 Income tax provision* 470,300 25.5 417,226 24.5 266,688 24.2 * 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, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Federal $ 385,650 $ 343,524 $ 213,314 State 84,650 73,702 53,374 $ 470,300 $ 417,226 $ 266,688 Current $ 433,837 $ 513,075 $ 254,873 Deferred 36,463 (95,849) 11,815 $ 470,300 $ 417,226 $ 266,688
Schedule of Components of Income Taxes Payable	The components of income taxes payable at October 31, 2023 and 2022 are set forth below (amounts in thousands): 2023 2022 Current $ 5,978 $ 168,548 Deferred 160,290 122,931 $ 166,268 $ 291,479
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, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Balance, beginning of year $ 4,922 $ 5,780 $ 6,591 Increase in benefit as a result of tax positions taken in prior years 3,633 296 624 Increase in benefit as a result of tax positions taken in current year 2,733 833 — Decrease in benefit as a result of lapse of statute of limitations (776) (1,987) (1,435) Balance, end of year $ 10,512 $ 4,922 $ 5,780
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 each of the three fiscal years ended October 31, 2023, 2022, and 2021, and the amounts accrued for potential interest and penalties at October 31, 2023 and 2022 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2023 $ 332 2022 $ 296 2021 $ 376 Accrued at: October 31, 2023 $ 1,259 October 31, 2022 $ 1,157
Schedule of Deferred Tax Assets and Liabilities	The components of net deferred tax assets and liabilities at October 31, 2023 and 2022 are set forth below (amounts in thousands): 2023 2022 Deferred tax assets: Accrued expenses $ 48,088 $ 50,164 Impairment charges 25,005 37,418 Inventory valuation differences 20,690 41,154 Stock-based compensation expense 12,603 17,064 Amounts related to unrecognized tax benefits 1,385 203 State tax, net operating loss carryforwards 11,129 24,185 Other 1,709 1,691 Total assets 120,609 171,879 Deferred tax liabilities: Capitalized interest 22,909 26,791 Deferred income 223,225 226,929 Expenses taken for tax purposes not for book 3,143 2,961 Depreciation 14,484 19,391 Deferred marketing 17,138 18,738 Total liabilities 280,899 294,810 Net deferred tax liabilities $ (160,290) $ (122,931)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Oct. 31, 2023
Stockholders' Equity Note [Abstract]
Stock repurchase program	The following table provides information about the share repurchase programs for the fiscal years ended October 31, 2023, 2022, and 2021: 2023 2022 2021 Number of shares purchased (in thousands) 7,860 11,000 7,421 Average price per share (1) $ 72.00 $ 49.34 $ 50.97 Remaining authorization at October 31 (in thousands) 6,716 14,577 12,563
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The changes in each component of accumulated other comprehensive income (“AOCI”), for fiscal years ended October 31, 2023, 2022, and 2021, were as follows (amounts in thousands): 2023 2022 2021 Employee Retirement Plans Beginning balance $ 2,475 $ (6,024) $ (7,198) Gains arising during the period 736 9,573 152 Less: Tax expense (199) (2,424) (316) Net gains (losses) arising during the period 537 7,149 (164) Losses reclassified from AOCI to net income (1) 92 1,805 1,801 Less: Tax benefit (2) (24) (455) (463) Net losses reclassified from AOCI to net income 68 1,350 1,338 Other comprehensive income, net of tax 605 8,499 1,174 Ending balance $ 3,080 $ 2,475 $ (6,024) Derivative Instruments Beginning balance $ 35,143 $ 7,133 $ — Gains on derivative instruments 8,369 37,539 9,383 Less: Tax expense (2,110) (9,505) (2,408) Net gains on derivative instruments 6,259 28,034 6,975 (Gains) losses reclassified from AOCI to net income (3) (4,784) (32) 211 Less: Tax benefit (expense) (2) 1,212 8 (53) Net (gains) losses reclassified from AOCI to net income (3,572) (24) 158 Other comprehensive income, net of tax 2,687 28,010 7,133 Ending balance $ 37,830 $ 35,143 $ 7,133 Total AOCI ending balance $ 40,910 $ 37,618 $ 1,109 (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
	Oct. 31, 2023
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 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Total stock-based compensation expense recognized $ 24,805 $ 21,095 $ 23,187 Income tax benefit recognized $ 6,291 $ 5,312 $ 5,910
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, 2023, and changes during the year ended October 31, 2023, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2022 280 $ 39.79 Granted 126 $ 39.44 Vested (153) $ 36.53 Nonvested at October 31, 2023 253 $ 41.60
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 2023, 2022, and 2021: 2023 2022 2021 Estimated number of shares underlying Performance-Based RSUs to be issued 126,068 71,576 128,894 Aggregate number of Performance-Based RSUs outstanding at October 31 442,961 507,604 539,592 Weighted-average fair value per share of Performance-Based RSUs issued $ 34.70 $ 45.41 $ 29.87 Aggregate grant date fair value of Performance-Based RSUs issued (in thousands) $ 7,244 $ 6,156 $ 5,030 Performance-Based RSUs expense recognized (in thousands) $ 5,838 $ 4,346 $ 5,989 Fair market value of Performance-Based RSUs vested (in thousands) $ 5,595 $ 4,514 $ 5,084
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 Time-Based RSUs nonvested shares as of October 31, 2023, and changes during the year ended October 31, 2023, is presented below: Number of shares (in thousands) Weighted-average grant date fair value Nonvested at November 1, 2022 842 $ 47.18 Granted 549 $ 51.65 Vested (336) $ 43.44 Forfeited (40) $ 52.28 Nonvested at October 31, 2023 1,015 $ 50.64
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 2023, 2022, and 2021: 2023 2022 2021 Time-Based RSUs issued: Number of Time-Based RSUs issued 324,399 276,421 386,017 Weighted-average fair value per share of Time-Based RSUs issued $ 34.26 $ 45.55 $ 33.21 Aggregate fair value of Time-Based RSUs issued (in thousands) $ 11,114 $ 12,591 $ 12,820 Time-Based RSUs expense recognized (in thousands): $ 18,340 $ 15,738 $ 14,531 Fair market value of Time-Based RSUs vested (in thousands): $ 14,592 $ 13,925 $ 14,029 2023 2022 2021 At October 31: Aggregate number of Time-Based RSUs outstanding 1,500,097 1,315,303 1,312,710 Cumulative unamortized value of Time-Based RSUs (in thousands) $ 22,836 $ 14,902 $ 12,919

Earnings Per Share Information

Earnings Per Share Information (Tables)	12 Months Ended
	Oct. 31, 2023
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, 2023, 2022, and 2021, is as follows (amounts in thousands): 2023 2022 2021 Numerator: Net income as reported $ 1,372,071 $ 1,286,500 $ 833,627 Denominator: Basic weighted-average shares 110,020 116,771 124,100 Common stock equivalents (1) 988 1,204 1,707 Diluted weighted-average shares 111,008 117,975 125,807 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 200 410 166 Shares issued under stock incentive and employee stock purchase plans 2,026 507 1,011 (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 under our restricted stock units programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average of the average quarterly closing prices of our common stock on the NYSE for the year.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
	Oct. 31, 2023
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, 2023 and 2022, 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, 2023 October 31, 2022 Residential Mortgage Loans Held for Sale Level 2 $ 110,555 $ 185,150 Forward Loan Commitments – Residential Mortgage Loans Held for Sale Level 2 $ 2,234 $ 9,184 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (4,135) $ (17,734) Forward Loan Commitments – IRLCs Level 2 $ 4,135 $ 17,734 Interest Rate Swap Contracts Level 2 $ 35,243 $ 45,010
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 2023 $ 114,835 $ 110,555 $ (4,280) 2022 $ 193,746 $ 185,150 $ (8,596)
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, 2023 and 2022 (amounts in thousands): 2023 2022 Fair value hierarchy Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,167,378 $ 1,150,704 $ 1,187,043 $ 1,180,893 Senior notes (2) Level 1 1,600,000 1,481,220 2,000,000 1,822,255 Mortgage company loan facility (3) Level 2 100,058 100,058 148,863 148,863 $ 2,867,436 $ 2,731,982 $ 3,335,906 $ 3,152,011 (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, 2023
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	Information related to our retirement plans for each of the fiscal years ended October 31, 2023, 2022, and 2021, is as follows (amounts in thousands): 2023 2022 2021 Plan costs: Service cost $ 137 $ 261 $ 452 Interest cost 1,869 1,055 926 Amortization of prior service cost 1,407 1,806 1,723 Amortization of unrecognized losses (1,316) — 77 $ 2,097 $ 3,122 $ 3,178 Projected benefit obligation: Beginning of year $ 36,904 $ 47,705 $ 48,374 Plan amendments adopted during year 1,171 — 755 Service cost 137 261 452 Interest cost 1,869 1,055 926 Benefit payments (2,748) (2,544) (1,894) Change in unrecognized (gain) loss (1,957) (9,573) (908) Projected benefit obligation, end of year $ 35,376 $ 36,904 $ 47,705 Unamortized prior service cost: Beginning of year $ 3,678 $ 5,484 $ 6,452 Plan amendments adopted during year 1,171 — 755 Amortization of prior service cost (1,407) (1,806) (1,723) Unamortized prior service cost, end of year $ 3,442 $ 3,678 $ 5,484 Accumulated unrecognized gain (loss), October 31 $ 7,926 $ 7,285 $ (2,288) Accumulated benefit obligation, October 31 $ 35,376 $ 36,904 $ 47,705 Accrued benefit obligation, October 31 $ 35,376 $ 36,904 $ 47,705
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, 2033 in the aggregate (in thousands): Year ending October 31, Amount 2024 $ 2,818 2025 $ 3,142 2026 $ 3,533 2027 $ 3,610 2028 $ 3,613 November 1, 2028 – October 31, 2033 $ 16,827

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Oct. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Company purchase commitments	Information regarding our land purchase contracts at October 31, 2023 and 2022, is provided in the table below (amounts in thousands): 2023 2022 Aggregate purchase price: Unrelated parties $ 4,191,160 $ 4,279,660 Unconsolidated entities that the Company has investments in 31,477 42,057 Total $ 4,222,637 $ 4,321,717 Deposits against aggregate purchase price $ 449,925 $ 463,452 Additional cash required to acquire land 3,772,712 3,858,265 Total $ 4,222,637 $ 4,321,717 Amount of additional cash required to acquire land included in accrued expenses $ 254,030 $ 34,994
Company mortgage commitments	Information regarding our mortgage commitments at October 31, 2023 and 2022, is provided in the table below (amounts in thousands): 2023 2022 Aggregate mortgage loan commitments: IRLCs $ 354,716 $ 669,631 Non-IRLCs 1,818,486 2,429,063 Total $ 2,173,202 $ 3,098,694 Investor commitments to purchase: IRLCs $ 354,716 $ 669,631 Mortgage loans receivable 104,703 186,666 Total $ 459,419 $ 856,297
Lessee, Operating Lease, Liability, Maturity	Information regarding our remaining lease payments as of October 31, 2023 is provided in the table below (amounts in thousands): Year ended October 31, 2024 $ 23,000 2025 20,600 2026 18,600 2027 15,300 2028 12,700 Thereafter 139,700 Total lease payments (1) $ 229,900 Less: Interest (2) 106,000 Present value of lease liabilities $ 123,900 (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
	Oct. 31, 2023
Other Income and Expenses [Abstract]
Other Income - net [Table Text Block]	The table below provides the components of “Other income – net” for the years ended October 31, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Interest income $ 35,133 $ 6,180 $ 4,320 Income from ancillary businesses 2,846 24,668 36,711 Management fee income earned by home building operations 4,462 7,968 1,646 Gain on litigation settlements – net 27,683 141,234 — Other (2,606) (8,673) (2,063) Total other income – net $ 67,518 $ 171,377 $ 40,614
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, 2023, 2022, and 2021 (amounts in thousands): 2023 2022 2021 Revenues $ 140,272 $ 135,510 $ 139,640 Expenses $ 137,426 $ 110,842 $ 102,929

Information on Segments (Tables

Information on Segments (Tables)	12 Months Ended
	Oct. 31, 2023
Segment Reporting [Abstract]
Revenue and 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, 2023, 2022, and 2021 (amounts in thousands). Revenue Income (loss) before income taxes 2023 2022 2021 2023 2022 2021 North $ 1,494,127 $ 1,853,720 $ 2,011,896 $ 197,414 $ 280,829 $ 313,694 Mid-Atlantic 1,175,348 1,148,966 1,076,900 243,464 189,485 128,494 South 2,204,763 1,519,600 1,183,272 416,711 249,665 153,799 Mountain 2,660,746 2,747,783 2,003,045 517,080 509,512 276,360 Pacific 2,329,365 2,441,959 2,156,114 610,126 572,844 382,855 Total home building 9,864,349 9,712,028 8,431,227 1,984,795 1,802,335 1,255,202 Corporate and other (1) 1,677 (858) 519 (142,424) (98,609) (154,887) 9,866,026 9,711,170 8,431,746 1,842,371 1,703,726 1,100,315 Land sales and other revenue 128,911 564,388 358,615 Total consolidated $ 9,994,937 $ 10,275,558 $ 8,790,361 $ 1,842,371 $ 1,703,726 $ 1,100,315 (1) Included in our fourth quarter of fiscal 2022 is a $141.2 million net gain related to a favorable litigation settlement as further discussed in Note 15, “Other Income - Net”. “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 Gibraltar Joint Ventures. Total assets for each of our segments at October 31, 2023 and 2022, are shown in the table below (amounts in thousands): 2023 2022 North $ 1,281,479 $ 1,464,995 Mid-Atlantic 1,323,381 1,049,043 South 2,399,055 2,137,568 Mountain 2,666,874 2,785,603 Pacific 2,175,776 2,174,065 Total home building 9,846,565 9,611,274 Corporate and other 2,680,453 2,677,440 Total consolidated $ 12,527,018 $ 12,288,714 “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, our Gibraltar investments and operations, manufacturing facilities, our apartment rental development and high-rise urban luxury condominium businesses, 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, 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 Balances at October 31, 2022 North $ 25,876 $ 125,762 $ 1,142,060 $ 1,293,698 Mid-Atlantic 50,425 245,208 700,844 996,477 South 67,173 190,081 1,570,059 1,827,313 Mountain 15,890 119,315 2,523,027 2,658,232 Pacific 81,387 128,485 1,747,734 1,957,606 Total consolidated $ 240,751 $ 808,851 $ 7,683,724 $ 8,733,326
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, 2023, 2022, and 2021, are shown in the table below (amounts in thousands): 2023 2022 2021 North $ 677 $ 11,860 $ 12,194 Mid-Atlantic 15,898 3,369 12,022 South 1,766 3,391 662 Mountain 5,662 4,091 379 Pacific 6,703 10,030 1,278 Total consolidated $ 30,706 $ 32,741 $ 26,535 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, 2023 2022 2023 2022 2021 North $ 65,285 $ 49,385 $ 972 $ 1,068 $ (641) Mid-Atlantic 19,807 26,171 283 (405) 5,953 South 169,004 174,901 13,520 20,065 12,619 Mountain 61,363 53,046 (211) 494 — Pacific 100,980 89,196 (414) 248 (17) Total home building 416,439 392,699 14,150 21,470 17,914 Corporate and other 542,602 459,615 35,948 2,253 56,121 Total consolidated $ 959,041 $ 852,314 $ 50,098 $ 23,723 $ 74,035 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Gibraltar Joint Ventures.

Supplemental Disclosure to St_2

Supplemental Disclosure to Statements of Cash Flows (Tables)	12 Months Ended
	Oct. 31, 2023
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, 2023, 2022 and 2021 (amounts in thousands): 2023 2022 2021 Cash flow information: Income tax paid - net $ 584,695 $ 350,650 $ 229,742 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses - net $ 359,042 $ 273,893 $ 174,726 Reclassification from inventory to property, construction, and office equipment - net $ 1,170 $ — $ 39,309 Transfer of inventory to investment in unconsolidated entities $ 1,000 $ 46,019 $ 50,841 Transfer of other assets to investment in unconsolidated entities, net $ 47,780 $ 100,123 $ 94,332 Transfer of other assets to property, construction, and office equipment - net $ 47,280 $ 16,168 $ — Unrealized (loss) gain on derivatives $ (9,767) $ 34,680 $ 10,330 At October 31, 2023 2022 2021 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 1,300,068 $ 1,346,754 $ 1,638,494 Restricted cash included in receivables, prepaid expenses, and other assets $ 44,273 $ 51,796 $ 45,918 Total cash, cash equivalents, and restricted cash shown in the Consolidated $ 1,344,341 $ 1,398,550 $ 1,684,412

Summary Consolidated Quarterl_2

Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2023
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 2023 and 2022 (amounts in thousands, except per share data): Three Months Ended October 31 July 31 April 30 January 31 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 Fiscal 2022: Revenue: Home sales $ 3,580,952 $ 2,256,337 $ 2,186,529 $ 1,687,352 Land sales and other $ 131,182 $ 238,465 $ 91,012 $ 103,729 Gross profit (loss): Home sales $ 963,038 $ 585,634 $ 527,264 $ 397,825 Land sales and other $ 1,571 $ 8,904 $ (1,969) $ 4,112 Income before income taxes (1) $ 841,144 $ 365,951 $ 295,815 $ 200,816 Net income (1) $ 640,536 $ 273,467 $ 220,593 $ 151,904 Earnings per share (2) Basic $ 5.67 $ 2.37 $ 1.87 $ 1.26 Diluted $ 5.63 $ 2.35 $ 1.85 $ 1.24 Weighted-average number of shares Basic 112,914 115,334 117,839 120,996 Diluted 113,793 116,326 118,925 122,858 (1) Included in our fourth quarter of 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) 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) - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
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	$ 285.7	$ 289.4
Depreciation	75.5	75.9	$ 74.8
Advertising Expense	$ 49.6	42.5	$ 39.1
Treasury Stock, Shares, Retired	15,000		25,000
warranty period, structural integrity	10 years
Construction defect claims, reported and resolved, period of time	10 years
More Likely Than Not Definition Threshold	50%
Home Building [Member]
Additional Significant Accounting Policies (Textual) [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 542	$ 515.6

Significant Accounting Polici_4

Significant Accounting Policies (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2023	Oct. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Reclassification of Inventory to Property, Construction and Office Equipment, Net	$ 39,309	$ 1,170	$ 0
Accounting Standards Update 2016-13 | Cumulative Effect, Period of Adoption, Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Stockholders' Equity, Other	$ 600

Significant Accounting Polici_5

Significant Accounting Policies (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Customer deposits	$ 540,718	$ 680,588
Right-of-use asset	102,787	116,660
Lease liabilities	123,866	139,664
Retained Earnings (Accumulated Deficit)	6,675,719	6,166,732
Home Building [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with Customer, Liability, Revenue Recognized	$ 542,000	$ 515,600

Acquisition (Detail Textuals)

Acquisition (Detail Textuals) - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Storybook homes
Business Acquisition [Line Items]
Number of home sites included in acqusition		550
Payments to Acquire Businesses, Net of Cash Acquired		$ 38,800,000
SanAntonioTexasJune2022
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, 2023	Oct. 31, 2022
Total Inventory
Inventory	$ 9,057,578	$ 8,733,326
Land controlled for future communities [Member]
Total Inventory
Inventory	173,175	240,751
Land Owned for Future Communities [Member]
Total Inventory
Inventory	663,413	808,851
Operating communities [Member]
Total Inventory
Inventory	$ 8,220,990	$ 7,683,724

Inventory (Details 1)

Inventory (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Schedule of inventory [Line Items]
Inventory Write-down	$ 30,706	$ 32,741	$ 26,535
Land controlled for future communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	10,712	13,051	5,620
Land Owned for Future Communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	1,493	19,690	19,805
Operating communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	$ 18,501	$ 0	$ 1,110

Inventory (Details 2)

Inventory (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Real estate inventory capitalized interest costs [Line Items]
Interest capitalized, beginning of period	$ 209,468	$ 253,938	$ 297,975
Interest incurred	140,426	135,029	152,986
Interest Reclassified to Property Construction and Office Equipment	0	0	(1,034)
Capitalized interest on investments in unconsolidated entities	(9,783)	(6,699)	(4,574)
Real Estate Inventory Capitalized Interest Transferred to Unconsolidated Entities	(244)	(2,412)	0
Previously capitalized interest in unconsolidated entities transferred to inventory	880	231	194
Interest capitalized, end of period	190,550	209,468	253,938
Home Building [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	(139,410)	(164,831)	(187,237)
Land [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	$ (10,787)	$ (5,788)	$ (4,372)

Inventory (Details Textual)

Inventory (Details Textual) $ in Thousands	12 Months Ended
	Oct. 31, 2023 USD ($) numberOfLandContracts	Oct. 31, 2022 USD ($) numberOfLandContracts	Oct. 31, 2021 USD ($)
Inventory (Textual) [Abstract]
Inventory Write-down	$ 30,706	$ 32,741	$ 26,535
Purchase Obligation	4,222,637	4,321,717
Home Building [Member]
Inventory (Textual) [Abstract]
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales	139,410	164,831	$ 187,237
Land and Land Improvements
Inventory (Textual) [Abstract]
Inventory Write-down	$ 30,600	$ 6,800
VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Number of VIE Land Purchase Contracts | numberOfLandContracts		237
Variable Interest Entity, Not Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Number of VIE Land Purchase Contracts | numberOfLandContracts	251
Land Purchase Commitment To Unrelated Party [Member]
Inventory (Textual) [Abstract]
Purchase Obligation	$ 4,191,160	$ 4,279,660
Land Purchase Commitment To Unrelated Party [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Purchase Obligation		3,890,000
Land Purchase Commitment To Unrelated Party [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Purchase Obligation	3,790,000
Land Parcel Purchase Commitment [Member]
Inventory (Textual) [Abstract]
Deposit Assets	449,925	463,452
Land Parcel Purchase Commitment [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Inventory (Textual) [Abstract]
Deposit Assets		$ 417,600
Land Parcel Purchase Commitment [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Inventory (Textual) [Abstract]
Deposit Assets	$ 421,400

Investments in Unconsolidated_3

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 1) $ in Thousands	Oct. 31, 2023 USD ($) joint_ventures	Oct. 31, 2022 USD ($) joint_ventures
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	64	63
Investments in unconsolidated entities (1)	$ 959,041	$ 852,314
Number of joint venture with funding commitments | joint_ventures	29	29
Other Commitment	$ 400,770	$ 304,317
Land Development Joint Ventures [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	16	15
Investments in unconsolidated entities (1)	$ 351,154	$ 343,314
Number of joint venture with funding commitments | joint_ventures	9	9
Home Building Joint Ventures, Total [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	2	3
Investments in unconsolidated entities (1)	$ 65,285	$ 49,385
Number of joint venture with funding commitments | joint_ventures	0	1
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	43	41
Investments in unconsolidated entities (1)	$ 531,823	$ 441,399
Number of joint venture with funding commitments | joint_ventures	19	18
Gibraltar Joint Ventures [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	3	4
Investments in unconsolidated entities (1)	$ 10,779	$ 18,216
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	11	13
Investments in unconsolidated entities (1)	$ 121,600	$ 100,200
Other Commitment	105,400	$ 105,000
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	$ 329,300
Variable Interest Entity, Not Primary Beneficiary [Member] | Minimum [Member]
Schedule of Investments [Line Items]
Ownership Percentage	25%	20%
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	$ 204,438	$ 180,812
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	20,072
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	184,266	90,900
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Gibraltar Joint Ventures [Member]
Schedule of Investments [Line Items]
Other Commitment	$ 12,066	12,533
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		$ 200,000

Investments in Unconsolidated_4

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 2) $ in Thousands	12 Months Ended
	Oct. 31, 2023 USD ($) joint_ventures	Oct. 31, 2022 USD ($) joint_ventures
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	56	47
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,562,255	$ 4,094,096
Amounts borrowed under commitments	2,734,101	2,236,456
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	959,041	852,314
Assets related to consolidated VIEs	12,527,018	12,288,714
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	351,154	343,314
Assets related to consolidated VIEs	$ 1,406,543	$ 1,351,891
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	3
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 14,867	$ 48,600
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	12
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 59,567	$ 132,200
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	65,285	49,385
Assets related to consolidated VIEs	307,523	$ 203,603
Home Building Joint Ventures, Total [Member] | Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period | joint_ventures		2
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures		$ 48,700
Gibraltar Joint Ventures [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	10,779	18,216
Assets related to consolidated VIEs	54,359	$ 89,775
Gibraltar Joint Ventures [Member] | Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
Number of JVs formed in the period | joint_ventures		1
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures		$ 2,700
Variable Interest Entity, Primary Beneficiary [Member]
Schedule of Equity Method Investments [Line Items]
Noncontrolling Interest in Variable Interest Entity	$ 10,200	$ 9,700
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	12	10
Line of Credit Facility, Maximum Borrowing Capacity	$ 610,758	$ 557,185
Amounts borrowed under commitments	445,506	$ 444,306
Land Development Joint Venture [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Newly Formed Joint Ventures
Schedule of Equity Method Investments [Line Items]
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	2	2
Line of Credit Facility, Maximum Borrowing Capacity	$ 219,650	$ 219,650
Amounts borrowed under commitments	$ 135,723	$ 17,583
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	42	35
Line of Credit Facility, Maximum Borrowing Capacity	$ 3,731,847	$ 3,317,261
Amounts borrowed under commitments	$ 2,152,872	$ 1,774,567
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, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income from unconsolidated entities									$ 50,098	$ 23,723	$ 74,035
Amounts borrowed under commitments	$ 2,734,101				$ 2,236,456				2,734,101	2,236,456
Proceeds from Equity Method Investment, Distribution									88,393	32,316	83,118
Revenues:									9,994,937	10,275,558	8,790,361
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	959,041				852,314				959,041	852,314
Line of Credit Facility, Maximum Borrowing Capacity	4,562,255				4,094,096				4,562,255	4,094,096
Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues:	68,243	$ 13,040	$ 16,881	$ 30,747	131,182	$ 238,465	$ 91,012	$ 103,729	128,911	564,388	358,615
Land Development Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues									240,365	207,179	110,330
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	351,154				343,314				351,154	343,314
Land Development Joint Venture [Member] | Newly Formed Joint Ventures
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	14,867				48,600				14,867	48,600
Equity Method Investee [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Receivables from joint ventures	$ 12,600				$ 51,700				12,600	51,700
Equity Method Investee [Member] | Land Development Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues									110,700	54,800	18,500
Land Development Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income from unconsolidated entities									13,178	20,402	18,155
Home Building Joint Ventures, Total [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income from unconsolidated entities									972	1,068
Other than Temporary Impairment Losses, Investments									0	8,000	2,100
Rental Joint Ventures, including Trusts i and II [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income from unconsolidated entities									34,327	(335)	53,792
Equity Method Investment, Realized Gain (Loss) on Disposal									50,900	21,000	74,800
Equity Method Investment Realized Gain Loss On Sale of Ownership Interest									16,000	0	0
Rental Joint Ventures, including the Trust [Member] | Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues:										$ 434,200	$ 227,800
Homebuilding and Rental Joint Ventures | Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues:									$ 44,200
Minimum [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	5%								5%
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 Textual 2) $ in Thousands	12 Months Ended
	Oct. 31, 2023 USD ($) joint_ventures	Oct. 31, 2022 USD ($) joint_ventures	Oct. 31, 2021 USD ($)
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,562,255	$ 4,094,096
Amounts borrowed under commitments	$ 2,734,101	$ 2,236,456
Number of Joint Ventures | joint_ventures	64	63
Investments in unconsolidated entities (1)	$ 959,041	$ 852,314
Other Commitment	400,770	304,317
Assets related to consolidated VIEs	12,527,018	12,288,714
Revenues:	9,994,937	10,275,558	$ 8,790,361
Rental Joint Ventures, including Trusts i and II [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	3,731,847	3,317,261
Amounts borrowed under commitments	2,152,872	1,774,567
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	$ 95,000
Number of Joint Ventures | joint_ventures	11	13
Investments in unconsolidated entities (1)	$ 121,600	$ 100,200
Other Commitment	$ 105,400	$ 105,000
Rental Joint Ventures, including Trusts i and II [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Number of Joint Ventures | joint_ventures	43	41
Investments in unconsolidated entities (1)	$ 531,823	$ 441,399
Assets related to consolidated VIEs	3,932,483	3,335,594
Rental Joint Ventures, including the Trust [Member] | Newly Formed Joint Ventures
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	$ 59,567	$ 132,200
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	$ 10,200	$ 9,700
Minimum [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership Percentage	25%	20%
Minimum [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership interest	82%
Maximum [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership Percentage	50%	50%
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	$ 19,500	$ 16,900
Co-venturer [Member] | Minimum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership Percentage	5%
Co-venturer [Member] | Maximum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Ownership Percentage	50%
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	$ 3,341,700	2,858,800
Guarantees, Repayment and Carry Cost, Maximum	688,000	597,800
Amounts borrowed under commitments	1,643,600	1,110,900
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	$ 544,100	$ 390,500
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	4.0 years	3.7 years
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Variable Interest Entity, Not Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Other Commitment		$ 200,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Rental Joint Ventures, including Trusts i and II [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Other Commitment	$ 184,266	$ 90,900

Investments in Unconsolidated_7

Investments in Unconsolidated Entities (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 1,344,341	$ 1,398,550	$ 1,684,412	$ 1,396,604
Inventory, Operative Builders	9,057,578	8,733,326
Other	97,581	135,604
Total assets	12,527,018	12,288,714
Stockholders' Equity Attributable to Noncontrolling Interest	16,046	15,752
Total liabilities and stockholders' equity	12,527,018	12,288,714
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	959,041	852,314
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity	40,900	18,500
Income (Loss) from Equity Method Investments	50,098	23,723	74,035
Home Building Joint Ventures, Total [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	14,124	19,628
Inventory, Operative Builders	277,438	168,743
Loans Receivable, Net	0	0
Rental Properties	0	0
Rental properties under development	0	0
Other	15,961	15,232
Total assets	307,523	203,603
Debt, net of deferred financing costs	134,427	16,770
Accrued Liabilities and Other Liabilities	32,625	52,116
Members' Equity	140,471	134,717
Total liabilities and stockholders' equity	307,523	203,603
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	65,285	49,385
Income (Loss) from Equity Method Investments			(241)
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	62,734	102,270
Inventory, Operative Builders	0	0
Loans Receivable, Net	0	0
Rental Properties	1,907,604	1,702,690
Rental properties under development	1,804,664	1,413,607
Other	157,481	117,027
Total assets	3,932,483	3,335,594
Debt, net of deferred financing costs	2,132,436	1,788,923
Accrued Liabilities and Other Liabilities	312,691	225,812
Members' Equity	1,487,356	1,320,859
Total liabilities and stockholders' equity	3,932,483	3,335,594
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	531,823	441,399
Gibraltar Joint Ventures [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	1,086	642
Inventory, Operative Builders	35,325	40,035
Loans Receivable, Net	17,024	48,217
Rental Properties	0	0
Rental properties under development	0	0
Other	924	881
Total assets	54,359	89,775
Debt, net of deferred financing costs	0	0
Accrued Liabilities and Other Liabilities	21,752	20,959
Members' Equity	32,607	68,816
Total liabilities and stockholders' equity	54,359	89,775
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	10,779	18,216
Land Development Joint Venture [Member]
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	83,330	132,344
Inventory, Operative Builders	1,112,382	1,047,437
Loans Receivable, Net	0	0
Rental Properties	0	0
Rental properties under development	0	0
Other	210,831	172,110
Total assets	1,406,543	1,351,891
Debt, net of deferred financing costs	445,123	443,061
Accrued Liabilities and Other Liabilities	131,798	100,931
Members' Equity	829,622	807,899
Total liabilities and stockholders' equity	1,406,543	1,351,891
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	351,154	343,314
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Balance Sheets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	161,274	254,884
Inventory, Operative Builders	1,425,145	1,256,215
Loans Receivable, Net	17,024	48,217
Rental Properties	1,907,604	1,702,690
Rental properties under development	1,804,664	1,413,607
Other	385,197	305,250
Total assets	5,700,908	4,980,863
Debt, net of deferred financing costs	2,711,986	2,248,754
Accrued Liabilities and Other Liabilities	498,866	399,818
Members' Equity	2,490,056	2,332,291
Total liabilities and stockholders' equity	5,700,908	4,980,863
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	959,041	852,314
Land Development Joint Venture [Member]
Condensed Balance Sheets:
Income (Loss) from Equity Method Investments	13,178	20,402	18,155
Home Building Joint Ventures, Total [Member]
Condensed Balance Sheets:
Income (Loss) from Equity Method Investments	972	1,068
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Balance Sheets:
Income (Loss) from Equity Method Investments	34,327	(335)	53,792
Gibraltar Joint Ventures [Member]
Condensed Balance Sheets:
Income (Loss) from Equity Method Investments	$ 1,621	$ 2,588	$ 2,329

Investments in Unconsolidated_8

Investments in Unconsolidated Entities (Details 5) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Condensed Statements of Operations:
Income before income taxes	$ 604,966	$ 553,017	$ 430,592	$ 253,796	$ 841,144	$ 365,951	$ 295,815	$ 200,816	$ 1,842,371	$ 1,703,726	$ 1,100,315
Income tax provision									470,300	417,226	266,688
Income (loss) attributable to noncontrolling interest									(666)	64	(6,770)
Net income	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 640,536	$ 273,467	$ 220,593	$ 151,904	1,372,071	1,286,500	833,627
Income from unconsolidated entities									50,098	23,723	74,035
Land Development Joint Venture [Member]
Condensed Statements of Operations:
Revenues									240,365	207,179	110,330
Cost of revenues									196,924	172,921	81,207
Other expenses									13,261	8,911	2,622
Total expenses									210,185	181,832	83,829
Gain on disposition of loans and REO										0	0
Income before income taxes									30,180	25,347	26,501
Other income (expense)									2,500	23,292	8,807
Income tax provision									214	348	258
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										48,291
Net income									32,466		35,050
Net Income Before Noncontrolling Interest									32,680	48,639	35,308
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
Revenues									38,124	60,902	88,534
Cost of revenues									26,583	45,087	105,436
Other expenses									7,201	4,717	4,887
Total expenses									33,784	49,804	110,323
Gain on disposition of loans and REO										0	0
Income before income taxes									4,340	11,098	(21,789)
Other income (expense)									205	804	317
Income tax provision									367	508	(875)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										11,394
Net income									4,178		(20,597)
Income from unconsolidated entities											(241)
Net Income Before Noncontrolling Interest									4,545	11,902	(21,472)
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
Revenues									238,651	192,901	141,373
Cost of revenues									85,328	65,387	61,278
Other expenses									233,734	165,447	143,050
Total expenses									319,062	230,834	204,328
Gain on disposition of loans and REO										0	0
Income before income taxes									(80,411)	(37,933)	(62,955)
Other income (expense)									102,865	36,805	177,777
Income tax provision									(940)	(607)	(824)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										(521)
Net income									23,394		115,646
Net Income Before Noncontrolling Interest									22,454	(1,128)	114,822
Equity Method Investment, Realized Gain (Loss) on Disposal									106,200	29,900	177,600
Gibraltar Joint Ventures [Member]
Condensed Statements of Operations:
Revenues									28,221	37,705	21,357
Cost of revenues									21,031	26,229	10,506
Other expenses									1,053	1,436	1,947
Total expenses									22,084	27,665	12,453
Gain on disposition of loans and REO										(113)	(4,109)
Income before income taxes									6,137	9,927	4,795
Other income (expense)									241	0	0
Income tax provision									0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										9,927
Net income									6,378		4,795
Net Income Before Noncontrolling Interest									6,378	9,927	4,795
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Statements of Operations:
Revenues									545,361	498,687	361,594
Cost of revenues									329,866	309,624	258,427
Other expenses									255,249	180,511	152,506
Total expenses									585,115	490,135	410,933
Gain on disposition of loans and REO										(113)	4,109
Income before income taxes									(39,754)	8,439	(53,448)
Other income (expense)									105,811	60,901	186,901
Income tax provision									(359)	249	(1,441)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest										69,091
Net income									66,416		134,894
Net Income Before Noncontrolling Interest									66,057	69,340	133,453
Land Development Joint Venture [Member]
Condensed Statements of Operations:
Income from unconsolidated entities									13,178	20,402	18,155
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
Income from unconsolidated entities									972	1,068
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
Income from unconsolidated entities									34,327	(335)	53,792
Equity Method Investment, Realized Gain (Loss) on Disposal									50,900	21,000	74,800
Gibraltar Joint Ventures [Member]
Condensed Statements of Operations:
Income from unconsolidated entities									1,621	2,588	2,329
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Statements of Operations:
Income from unconsolidated entities									$ 50,098	$ 23,723	$ 74,035

Receivables, Prepaid Expenses_3

Receivables, Prepaid Expenses and Other Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Receivables, prepaid expenses and other assets [Abstract]
Expected recoveries from insurance carriers and others	$ 94,987	$ 41,527
Improvement cost receivable	40,992	60,812
Escrow cash held by our wholly owned captive title company	44,273	51,796
Properties held for rental apartment and commercial development	225,261	224,593
Prepaid expenses	43,763	44,307
Right-of-use asset	$ 102,787	$ 116,660
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Receivables, prepaid expenses, and other assets (1)	Receivables, prepaid expenses, and other assets (1)
Derivative assets	$ 41,612	$ 71,929
Other	97,581	135,604
Receivables, prepaid expenses, and other assets (1)	$ 691,256	$ 747,228

Receivables, Prepaid Expenses_4

Receivables, Prepaid Expenses and Other Assets Receivables, prepaid expenses and other assets (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Receivables, prepaid expenses and other assets [Line Items]
Assets related to consolidated VIEs	$ 12,527,018	$ 12,288,714
Escrow cash held by our wholly owned captive title company	$ 44,273	$ 51,796

Loans Payable, Senior Notes, _3

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable (Details) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Debt Instrument [Line Items]
Loans payable – other	$ 517,378	$ 537,043
Loans payable	1,164,224	1,185,275
Senior unsecured term loan [Member]
Debt Instrument [Line Items]
Senior unsecured term loan	650,000	650,000
Deferred issuance costs	$ (3,154)	$ (1,768)

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, 2023 USD ($)	Feb. 14, 2023 USD ($)	Oct. 31, 2022 USD ($)	Nov. 30, 2020 USD ($) numberOfInterestRateSwaps
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]
Debt Instrument, Term	5 years
Senior unsecured term loan	$ 650,000		$ 650,000
Maximum borrowing capacity for unsecured long-term debt	$ 1,500,000
Debt Instrument, Interest Rate, Effective Percentage	6.20%
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, 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	12 Months Ended
	Oct. 31, 2023	Feb. 14, 2023	Oct. 31, 2022	Oct. 31, 2021
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,562,255		$ 4,094,096
Long-term line of credit	$ 2,734,101		$ 2,236,456
Guarantor Subsidiaries [Member] | Toll Brothers
Line of Credit Facility [Line Items]
Subsidiary of Company, Ownership Percentage by Parent	100%
Oct 2019 Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,905,000
Line of Credit Facility, term of contract	5 years
Line of credit facility, available for letters of credit	100%
Debt Instrument, Interest Rate, Effective Percentage	6.50%
Oct 2021 Revolving Credit Facility Extension Agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 1,905,000
May 2016 Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum Permissible Leverage Ratio	175%
Minimum Net Worth Required for Compliance	$ 3,980,000
Existing Leverage Ratio	0.24
Tangible Net Worth	$ 6,750,000
Ability to repurchase common stock	3,600,000
Ability to pay dividends	2,760,000
Long-term line of credit	0
Letters of credit outstanding, amount	$ 118,900
Feb 2023 Revolving Credit Facility Extension Agreement
Line of Credit Facility [Line Items]
Line of credit facility, additional borrowing capacity amount		$ 3,000,000

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, 2023	Oct. 31, 2022
Debt Instrument [Line Items]
Loans payable – other	$ 517,378	$ 537,043
Debt, Weighted Average Interest Rate	5.25%	4.14%
Loans secured by assets [Abstract]
Secured Debt	$ 516,186	$ 537,043
Value of Assets Securing Loans	$ 1,416,034	$ 1,327,683
Loans Payable Contractual Maturities Term Minimum	one month
Loans Payable Contractual Maturities Term Maximum	29.5 years
Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.38%	0.19%
Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	9%	7%

Loans Payable, Senior Notes, _7

Loans Payable, Senior Notes, and Mortgage Company Loan Facility - Senior Notes (Details 3) - USD ($) $ in Thousands	Oct. 31, 2023	Apr. 17, 2023	Oct. 31, 2022	Jan. 31, 2022	Nov. 15, 2021
Senior Notes [Abstract]
Senior notes	$ 1,596,185		$ 1,995,271
5.875 % senior notes due 2022 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.875%			5.875%	5.875%
4.375% Senior Notes due 2023 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.375%	4.375%
Senior notes	$ 0		400,000
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	$ (3,815)		$ (4,729)

Loans Payable, Senior Notes, _8

Loans Payable, Senior Notes, and Mortgage Company Loan Facility - Senior Notes (Details Textual 3) - USD ($) $ in Thousands			1 Months Ended	3 Months Ended	12 Months Ended
	Apr. 17, 2023	Nov. 15, 2021	Mar. 31, 2021	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Senior Note Payable (Textual) [Abstract]
Percentage of Holding In Subsidiary					100%
Repayments of Senior Debt					$ 400,000	$ 409,856	$ 294,168
Issued Senior Notes					$ 1,596,185	1,995,271
five point six two five percent Senior notes due twenty twenty four [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes			5.625%
Pretax charge related to early retirement of debt			$ 34,200
Early Repayment of Senior Debt			$ 250,000
5.875 % senior notes due 2022 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes		5.875%		5.875%	5.875%
Repayments of Senior Debt		$ 409,900		$ 10,000
5.875% due 2022 original senior note balance prior to early repayment
Senior Note Payable (Textual) [Abstract]
Issued Senior Notes				$ 409,900
6.75% Senior Notes due 2019 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes					6.75%
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
4.0% Senior Notes due 2018 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes					4%
4.375% Senior Notes due 2023 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes	4.375%				4.375%
Repayments of Senior Debt	$ 400,000
Issued Senior Notes					$ 0	$ 400,000
Guarantor Subsidiaries [Member] | % ownership of homebuilding subsidiaries [Member]
Senior Note Payable (Textual) [Abstract]
Noncontrolling Interest, Ownership Percentage by 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		1 Months Ended
	Dec. 05, 2023	Apr. 30, 2022	Oct. 31, 2023	Oct. 31, 2022
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 4,562,255	$ 4,094,096
Mortgage company loan facility			100,058	148,863
Fair value			$ 110,555	185,150
Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			7.15%
Mortgage company loan facility			$ 100,100	148,900
Fair value			104,700	$ 187,200
Aggregate Outstanding Purchase Price Limitations			$ 0
Warehouse Agreement Borrowings [Member] | Subsequent Event [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
Warehouse Agreement Borrowings [Member] | Bloomsberg Short-Term Bank Yield Index (BSBY)
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor		1.75%
Warehouse Agreement Borrowings [Member] | Bloomsberg Short-Term Bank Yield Index (BSBY) | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor	1.75%
Warehouse Agreement Borrowings [Member] | Interest Rate Floor | Bloomsberg Short-Term Bank Yield Index (BSBY)
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor		0.50%
Warehouse Agreement Borrowings [Member] | Interest Rate Floor | Bloomsberg Short-Term Bank Yield Index (BSBY) | Subsequent Event [Member]
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, 2023 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2024	$ 317,593
2025	123,930
2026	536,349
2027	529,799
2028	$ 407,890

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020
Accrued expenses [Line Items]
Land, land development and construction	$ 555,146	$ 334,975
Compensation and employee benefits	212,684	223,609
Escrow liability	42,451	44,115
Self-insurance	230,688	251,576
Warranty	206,171	164,409	$ 145,062	$ 157,351
Lease liabilities	$ 123,866	$ 139,664
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses, Total	Accrued expenses, Total
Deferred Income	$ 52,907	$ 50,973
Interest	30,044	31,988
Other	65,612	77,773
Accrued expenses, Total	1,548,781	1,345,987
Affiliated Entity
Accrued expenses [Line Items]
Commitments to unconsolidated entities	$ 29,212	$ 26,905

Accrued Expenses Product Liabil

Accrued Expenses Product Liability Contingency (Detail Textuals) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020
Loss Contingencies [Line Items]
Standard and Extended Product Warranty Accrual	$ 206,171	$ 164,409	$ 145,062	$ 157,351
Water intrusion related [Member]
Loss Contingencies [Line Items]
Standard and Extended Product Warranty Accrual	$ 41,100	$ 46,900

Accrued Expenses (Details 1)

Accrued Expenses (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Change in warranty accruals for home closed in prior periods [Line Items]
Loss Contingency, Receivable	$ 94,987	$ 41,527
Changes in the warranty accrual
Balance, beginning of year	164,409	145,062	$ 157,351
Additions - homes closed during the year	44,949	42,423	42,316
Addition - liabilities assumed	0	150	100
Increase in accruals expected to be recovered from third parties (1)	58,000	29,000	0
Charges incurred	(74,622)	(62,659)	(55,655)
Balance, end of year	206,171	164,409	145,062
Water intrusion related [Member]
Changes in the warranty accrual
Balance, beginning of year	46,900
Balance, end of year	41,100	46,900
Reclass from self insurance accrual
Changes in the warranty accrual
Standard and Extended Product Warranty Accrual, Period Increase (Decrease)	696	0	3,618
Warranty Obligations [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	0	0	(11,823)
Warranty change, homes closed in prior period, other [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	$ 12,739	$ 10,433	$ 9,155

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Federal tax provision at statutory rate	$ 386,898	$ 357,782	$ 231,066
State tax provision, net of federal benefit	90,698	75,465	50,153
Other permanent differences	(2,782)	4,386	8,388
Reversal of accrual for uncertain tax positions	(621)	(1,690)	(993)
Accrued interest on anticipated tax assessments	403	234	297
Increase in unrecognized tax benefits	2,209	658	0
Excess stock compensation benefit	(7,320)	(3,012)	(4,698)
Energy tax credits	(2,348)	(22,153)	(24,343)
Other	3,163	5,556	6,818
Income tax provision	$ 470,300	$ 417,226	$ 266,688
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	4.90%	4.40%	4.60%
Other permanent differences, percentage	(0.20%)	0.30%	0.80%
Reversal of accrual for uncertain tax positions, percent	0%	(0.10%)	(0.10%)
Accrued interest on anticipated tax assessments, percentage	0%	0%	0%
Increase in unrecognized tax benefits, percentage	0.10%	0%	0%
Excess stock compensation benefit, percent	(0.40%)	(0.20%)	(0.40%)
Energy tax credits, percent	(0.10%)	(1.30%)	(2.20%)
Other, percent	0.20%	0.30%	0.60%
Income tax provision, percentage	25.50%	24.50%	24.20%

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Income Tax Expense, Continuing Operations, by Jurisdiction [Abstract]
Federal	$ 385,650	$ 343,524	$ 213,314
State	84,650	73,702	53,374
Current	433,837	513,075	254,873
Deferred	36,463	(95,849)	11,815
Income tax provision	$ 470,300	$ 417,226	$ 266,688

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Income Tax Disclosure [Abstract]
Current	$ 5,978	$ 168,548
Deferred	160,290	122,931
Accrued Income Taxes	$ 166,268	$ 291,479

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Reconciliation of change in gross unrecognized tax benefits
Balance, beginning of year	$ 4,922	$ 5,780	$ 6,591
Increase in benefit as a result of tax positions taken in prior years	3,633	296	624
Increase in benefit as a result of tax positions taken in current year	2,733	833	0
Decrease in benefit as a result of lapse of statute of limitations	(776)	(1,987)	(1,435)
Balance, end of year	$ 10,512	$ 4,922	$ 5,780

Income Taxes (Details 4)

Income Taxes (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Tax Benefits potential Interest and Penalties
Tax Benefits potential Interest and Penalties	$ 332	$ 296	$ 376
Tax Benefit Amount Accrued for potential Interest and Penalties
Tax Benefit Amount Accrued for potential Interest and Penalties	$ 1,259	$ 1,157

Income Taxes (Details 5)

Income Taxes (Details 5) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Deferred tax assets:
Accrued expenses	$ 48,088	$ 50,164
Impairment charges	25,005	37,418
Inventory valuation differences	20,690	41,154
Stock-based compensation expense	12,603	17,064
Amounts related to unrecognized tax benefits	1,385	203
State tax, net operating loss carryforwards	11,129	24,185
Other	1,709	1,691
Total assets	120,609	171,879
Deferred tax liabilities:
Capitalized interest	22,909	26,791
Deferred income	223,225	226,929
Expenses taken for tax purposes not for book	3,143	2,961
Depreciation	14,484	19,391
Deferred marketing	17,138	18,738
Total liabilities	280,899	294,810
Net deferred tax liabilities	$ (160,290)	$ (122,931)

Income Taxes (Details Textual)

Income Taxes (Details Textual)	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Income tax disclosures [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	4.90%	4.40%	4.60%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent Gross	6.20%	5.60%	5.80%
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, 2023	Oct. 31, 2022	Oct. 31, 2021
Share Repurchase Program
Number of shares purchased	7,860	11,000	7,421
Average price per share	$ 72	$ 49.34	$ 50.97
Remaining authorization at October 31	6,716	14,577	12,563

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - $ / shares shares in Thousands				12 Months Ended
	Mar. 09, 2023	Mar. 08, 2022	Mar. 09, 2021	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Dec. 13, 2023	May 17, 2022	Dec. 13, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Shares Authorized				400,000
Common Stock, Par or Stated Value Per Share				$ 0.01
Preferred Stock, Shares Authorized				15,000
Preferred Stock, Par or Stated Value Per Share				$ 0.01
Common Stock, Shares, Outstanding				103,800
Common Stock Reserved for Outstanding Stock Options and Restricted Stock Units				3,100
Preferred Stock, Shares Issued				0	0
Common Stock, Dividends, Per Share, Declared	$ 0.21	$ 0.20	$ 0.17	$ 0.83	$ 0.77	$ 0.62
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)				3,700
Employee Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Capital shares reserved for future issuance (in shares)				252
May 2016 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorization to repurchase shares									20,000
March 2020 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorization to repurchase shares								20,000
Dec 2023 Repurchase Program | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorization to repurchase shares							20,000

Stockholders' Equity (Details 1

Stockholders' Equity (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ 40,910	$ 37,618	$ 1,109
Other Comprehensive Income (Loss), Net of Tax	3,292	36,509	8,307
Interest Rate Swap [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	37,830	35,143	7,133	$ 0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	8,369	37,539	9,383
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	(2,110)	(9,505)	(2,408)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	6,259	28,034	6,975
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	(4,784)	(32)	211
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	1,212	8	(53)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	(3,572)	(24)	158
Other Comprehensive Income (Loss), Net of Tax	2,687	28,010	7,133
Defined Benefit Plan, Unfunded Plan
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	3,080	2,475	(6,024)	$ (7,198)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax	736	9,573	152
Income tax (expense) benefit recognized in total comprehensive income	(199)	(2,424)	(316)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax	537	7,149	(164)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	92	1,805	1,801
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax	(24)	(455)	(463)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	68	1,350	1,338
Other Comprehensive Income (Loss), Net of Tax	$ 605	$ 8,499	$ 1,174

Stock-Based Benefit Plans (Deta

Stock-Based Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)	3,700,000	5,000,000	5,700,000
Unamortized value of stock compensation	$ 23,200
Cost not yet recognized, period for recognition	2 years 6 months
Inactive Plans [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Inactive Plans [Member] | Stock Option Non Employee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	2 years
Active plans [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Award vesting period	4 years
Active plans [Member] | Stock Option Non Employee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	2 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	$ 22,836	$ 14,902	$ 12,919
Vesting Based On Performance [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years
Minimum [Member] | Vesting Based On Service [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	2 years
Maximum [Member] | Vesting Based On Service [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years

Stock-Based Benefit Plans (De_2

Stock-Based Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Share-Based Payment Arrangement [Abstract]
Total stock-based compensation expense recognized	$ 24,805	$ 21,095	$ 23,187
Income tax benefit recognized	$ 6,291	$ 5,312	$ 5,910

Stock-Based Benefit Plans (Stoc

Stock-Based Benefit Plans (Stock Options - Expense Table) (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Stock-based compensation expense recognized
Total stock-based compensation expense recognized	$ 24,805	$ 21,095	$ 23,187

Stock-Based Benefit Plans (Perf

Stock-Based Benefit Plans (Performance Based - Non Vested ) (Details 5) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
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)	280,000
Granted (in shares)	126,068	71,576	128,894
Vested (in shares)	(153,000)
Ending balance (in shares)	253,000	280,000
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)	$ 39.79
Granted, weighted- average exercise price (in dollars per share)	39.44
Vested, weighted- average exercise price (in dollars per share)	36.53
Ending balance, weighted- average exercise price (in dollars per share)	$ 41.60	$ 39.79
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)	842,000
Granted (in shares)	549,000
Vested (in shares)	(336,000)
Forfeited (in shares)	(40,000)
Ending balance (in shares)	1,015,000	842,000
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)	$ 47.18
Granted, weighted- average exercise price (in dollars per share)	51.65
Vested, weighted- average exercise price (in dollars per share)	43.44
Forfeited, weighted- average exercise price (in dollars per share)	52.28
Ending balance, weighted- average exercise price (in dollars per share)	$ 50.64	$ 47.18

Stock-Based Benefit Plans (Pe_2

Stock-Based Benefit Plans (Performance-based RSUs) (Details 6) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Performance-Based Restricted Stock Units
Total stock-based compensation expense recognized	$ 24,805	$ 21,095	$ 23,187
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	126,068	71,576	128,894
Aggregate number of Performance Based RSUs outstanding	442,961	507,604	539,592
Weighted-average grant date fair value per share of shares issued (in dollars per share)	$ 34.70	$ 45.41	$ 29.87
Fair value of restricted stock units issued	$ 7,244	$ 6,156	$ 5,030
Total stock-based compensation expense recognized	5,838	4,346	5,989
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 5,595	$ 4,514	$ 5,084

Stock-Based Benefit Plans Stock

Stock-Based Benefit Plans Stock-Based Benefit Plans (Non Performance Based Time Based RSUs rollforward) (Details 7) - Vesting Based On Service [Member] - Restricted Stock Units (RSUs) [Member] shares in Thousands	12 Months Ended
	Oct. 31, 2023 $ / 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	842
Granted (in shares) | shares	549
Vested (in shares) | shares	(336)
Forfeited (in shares) | shares	(40)
Ending balance (in shares) | shares	1,015
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	$ 47.18
Granted, weighted- average exercise price (in dollars per share) | $ / shares	51.65
Vested, weighted- average exercise price (in dollars per share) | $ / shares	43.44
Forfeited, weighted- average exercise price (in dollars per share) | $ / shares	52.28
Ending balance, weighted- average exercise price (in dollars per share) | $ / shares	$ 50.64

Stock-Based Benefit Plans (Nonp

Stock-Based Benefit Plans (Nonperformance-based Time based RSUs) (Details 8) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense recognized	$ 24,805	$ 21,095	$ 23,187
Summary of Aggregate Number and Unamortized Value of Outstanding Non Performance Based Restricted Stock Units [Abstract]
Unamortized value of RSUs	$ 23,200
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)	324,399	276,421	386,017
Weighted-average grant date fair value per share of shares issued (in dollars per share)	$ 34.26	$ 45.55	$ 33.21
Fair value of restricted stock units issued	$ 11,114	$ 12,591	$ 12,820
Total stock-based compensation expense recognized	18,340	15,738	14,531
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 14,592	$ 13,925	$ 14,029
Summary of Aggregate Number and Unamortized Value of Outstanding Non Performance Based Restricted Stock Units [Abstract]
Aggregate number of Performance Based RSUs outstanding	1,500,097	1,315,303	1,312,710
Unamortized value of RSUs	$ 22,836	$ 14,902	$ 12,919

Earnings Per Share Informatio_2

Earnings Per Share Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Earnings Per Share [Abstract]
Net income as reported	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 640,536	$ 273,467	$ 220,593	$ 151,904	$ 1,372,071	$ 1,286,500	$ 833,627
Basic weighted-average shares	107,465	110,003	111,214	111,397	112,914	115,334	117,839	120,996	110,020	116,771	124,100
Common stock equivalents									988	1,204	1,707
Diluted weighted-average shares	108,388	111,123	112,184	112,336	113,793	116,326	118,925	122,858	111,008	117,975	125,807
Debt Instrument [Line Items]
Shares Issued under Stock Incentive and Employee Stock Purchase Plans									2,026	507	1,011
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									200	410	166

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, 2023	Oct. 31, 2022
Forward Contracts [Member] | Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	$ 4,135	$ 17,734
Interest Rate Swap [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	35,243	45,010
Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Liability	(4,135)	(17,734)
Residential Mortgage [Member] | Assets Held-for-sale [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Loans Held-for-sale, Fair Value Disclosure	110,555	185,150
Residential Mortgage [Member] | Forward Contracts [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	$ 2,234	$ 9,184

Fair Value Disclosures (Level_2

Fair Value Disclosures (Level 4 loan UPB vs FV) (Details 1) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Aggregate unpaid principal and fair value of mortgage loans held for sale
Fair value	$ 110,555	$ 185,150
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	114,835	193,746
Fair value	110,555	185,150
Fair value greater (less) than principal balance	$ (4,280)	$ (8,596)

Fair Value Disclosures (Level_3

Fair Value Disclosures (Level 4 debt fv) (Details 3) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Book value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	$ 2,867,436	$ 3,335,906
Estimate fair value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	2,731,982	3,152,011
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	2,000,000
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	1,481,220	1,822,255
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	1,167,378	1,187,043
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	100,058	148,863
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	1,150,704	1,180,893
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	$ 100,058	$ 148,863

Employee Retirement and Defer_3

Employee Retirement and Deferred Compensation Plans (Details Textual) $ in Millions	12 Months Ended
	Oct. 31, 2023 USD ($) numberOfRetirementPlans	Oct. 31, 2022 USD ($)	Oct. 31, 2021 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan cost	$ 17.1	$ 17.1	$ 15.5
Number of unfunded defined benefit retirement plans | numberOfRetirementPlans	2
Discount rate in our calculation of the present value of our projected benefit obligations	5.83%	5.26%	2.27%
Defined Benefit Plan Unfunded Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accrued for obligations under the plan	$ 35.6	$ 35.7

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, 2023	Oct. 31, 2022	Oct. 31, 2021
Plan costs
Service cost	$ 137	$ 261	$ 452
Interest cost	1,869	1,055	926
Amortization of prior service obligation	1,407	1,806	1,723
Amortization of unrecognized losses	(1,316)	0	77
Total costs	2,097	3,122	3,178
Projected benefit obligation [Roll Forward]
Projected benefit obligation, beginning of year	36,904	47,705	48,374
Plan amendments adopted during year	1,171	0	755
Service cost	137	261	452
Interest cost	1,869	1,055	926
Benefit payments	(2,748)	(2,544)	(1,894)
Change in unrecognized (gain) loss	(1,957)	(9,573)	(908)
Projected benefit obligation, end of year	35,376	36,904	47,705
Unamortized Prior Service Cost [Roll Forward]
Unamortized prior service cost, beginning of year	3,678	5,484	6,452
Plan amendments adopted during year	1,171	0	755
Amortization of prior service cost	(1,407)	(1,806)	(1,723)
Unamortized prior service cost, end of year	3,442	3,678	5,484
Accumulated unrecognized gain (loss), October 31	7,926	7,285	(2,288)
Accumulated benefit obligation, October 31	35,376	36,904	47,705
Accrued benefit obligation, October 31	35,376	$ 36,904	$ 47,705
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
2024	2,818
2025	3,142
2026	3,533
2027	3,610
2028	3,613
November 1, 2028 – October 31, 2033	$ 16,827

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022
Company's purchase commitments
Aggregate purchase commitments	$ 4,222,637	$ 4,321,717
Land Purchase Commitment To Unrelated Party [Member]
Company's purchase commitments
Aggregate purchase commitments	4,191,160	4,279,660
Land Purchase Commitment To JV [Member]
Company's purchase commitments
Aggregate purchase commitments	31,477	42,057
Land Parcel Purchase Commitment [Member]
Company's purchase commitments
Deposits against aggregate purchase price	449,925	463,452
Additional cash required to acquire land	3,772,712	3,858,265
Total	4,222,637	4,321,717
Amount of additional cash required to acquire land included in accrued expenses	$ 254,030	$ 34,994

Commitments and Contingencies_3

Commitments and Contingencies (Details 1) - Loan Origination Commitments [Member] - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Company's mortgage commitments
Aggregate mortgage loan commitments	$ 2,173,202	$ 3,098,694
Investor commitments to purchase	459,419	856,297
Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Aggregate mortgage loan commitments	354,716	669,631
Investor commitments to purchase	354,716	669,631
Mortgage loans receivable [Member]
Company's mortgage commitments
Investor commitments to purchase	104,703	186,666
Non IRLC [Member]
Company's mortgage commitments
Aggregate mortgage loan commitments	$ 1,818,486	$ 2,429,063

Commitments and Contingencies_4

Commitments and Contingencies (Details 2) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Lessee, Operating Lease, Liability, Payment , Due [Abstract]
2024	$ 23,000
2025	20,600
2026	18,600
2027	15,300
2028	12,700
Thereafter	139,700
Total lease payments	229,900
Less: Interest	106,000
Present value of lease liabilities	$ 123,866	$ 139,664

Commitments and Contingencies_5

Commitments and Contingencies (Details Textual 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Lessee, Lease, Description [Line Items]
Right-of-use asset	$ 102,787	$ 116,660
Lease liabilities	123,866	139,664
Operating lease payments	20,200	17,700	$ 19,400
Lease expense	27,100	25,600	22,200
Variable lease cost	$ 4,200	$ 3,300	$ 3,100
Operating lease, weighted average remaining lease term	7 years 2 months 12 days	7 years 9 months 18 days
Operating lease, weighted average discount rate, percent	5.80%	4.80%
Land [Member]
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term	94 years 4 months 24 days	93 years 6 months
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, 2023 USD ($) home_sites	Oct. 31, 2022 USD ($)
Long-term Purchase Commitment [Line Items]
Purchase Obligation	$ 4,222,637	$ 4,321,717
Land for Apartment Development Purchase Commitment [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	256,500
Deposit Assets	$ 12,900
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	8,200

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Details Textual 3) $ in Millions	Oct. 31, 2023 USD ($) luxury_homes
Backlog Information [Abstract]
Number of homes to be delivered | luxury_homes	6,578
Aggregate sales value of outstanding homes to be delivered	$ 6,950
May 2016 Revolving Credit Facility [Member]
Loss Contingencies [Line Items]
Letters of credit outstanding, amount	118.9
Surety Bond Construction Improvements [Member]
Loss Contingencies [Line Items]
Outstanding surety bonds, amount	871.6
Amount of work remains on improvements in the Company's various communities	355.6
Surety Bond Other Obligations [Member]
Loss Contingencies [Line Items]
Additional outstanding surety bonds	323.3
Financial Guarantee
Loss Contingencies [Line Items]
Outstanding surety bonds, amount	$ 25.7

Other Income - Net (Details)

Other Income - Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Other Nonoperating Income By Component [Line Items]
Interest Income, Interest-Earning Asset	$ 35,133	$ 6,180	$ 4,320
Income from Ancillary Businesses	2,846	24,668	36,711
Management fee income from Home Building Joint Ventures, net	9,994,937	10,275,558	8,790,361
Gain (Loss) Related to Litigation Settlement		148,400
Other	(2,606)	(8,673)	(2,063)
Total other income - net	67,518	171,377	40,614
Revenues and expenses of non-core ancillary businesses
Revenue	140,272	135,510	139,640
Expense	137,426	110,842	102,929
Other Income
Other Nonoperating Income By Component [Line Items]
Gain (Loss) Related to Litigation Settlement	27,683	141,234	0
Management Fee [Member]
Other Nonoperating Income By Component [Line Items]
Management fee income from Home Building Joint Ventures, net	$ 4,462	$ 7,968	$ 1,646

Other Income (Details Textual)

Other Income (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Schedule of Equity Method Investments [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 192,500
Gain (Loss) Related to Litigation Settlement		148,400
Toll charitable foundation initial donation	$ 10,000
Income from Ancillary Businesses	2,846	24,668	$ 36,711
Impairment charges and write-offs	69,537	39,541	26,535
Other Income
Schedule of Equity Method Investments [Line Items]
Gain (Loss) Related to Litigation Settlement	27,683	141,234	0
Security Monitoring Business
Schedule of Equity Method Investments [Line Items]
Gain (Loss) on Disposition of Other Assets		9,000
Apartment Living and Gibraltar
Schedule of Equity Method Investments [Line Items]
Fee Income		25,900	$ 22,700
Apartment living [Member]
Schedule of Equity Method Investments [Line Items]
Impairment charges and write-offs	8,400	$ 300
Apartment Living, City Living and Gibraltar
Schedule of Equity Method Investments [Line Items]
Fee Income	$ 34,700

Information on Segments (Detail

Information on Segments (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Revenues
Revenues:									$ 9,994,937	$ 10,275,558	$ 8,790,361
Income (loss) before income taxes
Income before income taxes	$ 604,966	$ 553,017	$ 430,592	$ 253,796	$ 841,144	$ 365,951	$ 295,815	$ 200,816	1,842,371	1,703,726	1,100,315
Total assets
Total assets	12,527,018				12,288,714				12,527,018	12,288,714
Gain (Loss) Related to Litigation Settlement										148,400
Other Income
Total assets
Gain (Loss) Related to Litigation Settlement									27,683	141,234	0
North [Member]
Revenues
Revenues:									1,494,127	1,853,720	2,011,896
Income (loss) before income taxes
Income before income taxes									197,414	280,829	313,694
Total assets
Total assets	1,281,479				1,464,995				1,281,479	1,464,995
Mid-Atlantic [Member]
Revenues
Revenues:									1,175,348	1,148,966	1,076,900
Income (loss) before income taxes
Income before income taxes									243,464	189,485	128,494
Total assets
Total assets	1,323,381				1,049,043				1,323,381	1,049,043
South [Member]
Revenues
Revenues:									2,204,763	1,519,600	1,183,272
Income (loss) before income taxes
Income before income taxes									416,711	249,665	153,799
Total assets
Total assets	2,399,055				2,137,568				2,399,055	2,137,568
Mountain
Revenues
Revenues:									2,660,746	2,747,783	2,003,045
Income (loss) before income taxes
Income before income taxes									517,080	509,512	276,360
Total assets
Total assets	2,666,874				2,785,603				2,666,874	2,785,603
Pacific
Revenues
Revenues:									2,329,365	2,441,959	2,156,114
Income (loss) before income taxes
Income before income taxes									610,126	572,844	382,855
Total assets
Total assets	2,175,776				2,174,065				2,175,776	2,174,065
Traditional Homebuilding [Member]
Revenues
Revenues:									9,864,349	9,712,028	8,431,227
Income (loss) before income taxes
Income before income taxes									1,984,795	1,802,335	1,255,202
Total assets
Total assets	9,846,565				9,611,274				9,846,565	9,611,274
Corporate and other [Member]
Revenues
Revenues:									1,677	(858)	519
Income (loss) before income taxes
Income before income taxes									(142,424)	(98,609)	(154,887)
Total assets
Total assets	2,680,453				2,677,440				2,680,453	2,677,440
Home Building [Member]
Revenues
Revenues:	2,951,904	2,674,602	2,490,098	1,749,422	3,580,952	2,256,337	2,186,529	1,687,352	9,866,026	9,711,170	8,431,746
Land [Member]
Revenues
Revenues:	$ 68,243	$ 13,040	$ 16,881	$ 30,747	$ 131,182	$ 238,465	$ 91,012	$ 103,729	$ 128,911	$ 564,388	$ 358,615

Information on Segments (Deta_2

Information on Segments (Details 1) - USD ($) $ in Thousands	Oct. 31, 2023	Oct. 31, 2022
Inventory
Inventory	$ 9,057,578	$ 8,733,326
Land controlled for future communities [Member]
Inventory
Inventory	173,175	240,751
Land Owned for Future Communities [Member]
Inventory
Inventory	663,413	808,851
Operating communities [Member]
Inventory
Inventory	8,220,990	7,683,724
North [Member]
Inventory
Inventory	1,095,640	1,293,698
North [Member] | Land controlled for future communities [Member]
Inventory
Inventory	32,762	25,876
North [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	31,253	125,762
North [Member] | Operating communities [Member]
Inventory
Inventory	1,031,625	1,142,060
Mid-Atlantic [Member]
Inventory
Inventory	1,258,487	996,477
Mid-Atlantic [Member] | Land controlled for future communities [Member]
Inventory
Inventory	34,175	50,425
Mid-Atlantic [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	135,042	245,208
Mid-Atlantic [Member] | Operating communities [Member]
Inventory
Inventory	1,089,270	700,844
South [Member]
Inventory
Inventory	2,147,270	1,827,313
South [Member] | Land controlled for future communities [Member]
Inventory
Inventory	40,335	67,173
South [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	198,467	190,081
South [Member] | Operating communities [Member]
Inventory
Inventory	1,908,468	1,570,059
Mountain
Inventory
Inventory	2,567,882	2,658,232
Mountain | Land controlled for future communities [Member]
Inventory
Inventory	12,443	15,890
Mountain | Land Owned for Future Communities [Member]
Inventory
Inventory	129,326	119,315
Mountain | Operating communities [Member]
Inventory
Inventory	2,426,113	2,523,027
Pacific
Inventory
Inventory	1,988,299	1,957,606
Pacific | Land controlled for future communities [Member]
Inventory
Inventory	53,460	81,387
Pacific | Land Owned for Future Communities [Member]
Inventory
Inventory	169,325	128,485
Pacific | Operating communities [Member]
Inventory
Inventory	$ 1,765,514	$ 1,747,734

Information on Segments (Deta_3

Information on Segments (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 30,706	$ 32,741	$ 26,535
Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	30,600	6,800
Land and Land Improvements | Corporate, Non-Segment
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	2,500
North [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	677	11,860	12,194
North [Member] | Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	15,600
Mid-Atlantic [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	15,898	3,369	12,022
Mid-Atlantic [Member] | Land and Land Improvements
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	10,300
South [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	1,766	3,391	662
Mountain
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	5,662	4,091	379
Pacific
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	6,703	$ 10,030	$ 1,278
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, 2023	Oct. 31, 2022	Oct. 31, 2021
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	$ 959,041	$ 852,314
Income from unconsolidated entities	50,098	23,723	$ 74,035
North [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	65,285	49,385
Income from unconsolidated entities	972	1,068	(641)
Mid-Atlantic [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	19,807	26,171
Income from unconsolidated entities	283	(405)	5,953
South [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	169,004	174,901
Income from unconsolidated entities	13,520	20,065	12,619
Mountain
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	61,363	53,046
Income from unconsolidated entities	(211)	494	0
Pacific
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	100,980	89,196
Income from unconsolidated entities	(414)	248	(17)
Traditional Homebuilding [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	416,439	392,699
Income from unconsolidated entities	14,150	21,470	17,914
Corporate and other [Member]
Segment Reporting, Investment and Equity in Earnings (Losses) in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities (1)	542,602	459,615
Income from unconsolidated entities	$ 35,948	$ 2,253	$ 56,121

Supplemental Disclosure to St_3

Supplemental Disclosure to Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020
Cash flow information:
Income tax payment	$ 584,695	$ 350,650	$ 229,742
Noncash activity:
Cost of inventory acquired through seller financing or municipal bonds, net	359,042	273,893	174,726
Reclassification of Inventory to Property, Construction and Office Equipment, Net	1,170	0	39,309
Transfer of inventory to investment in unconsolidated entities	1,000	46,019	50,841
Transfer of other assets to investment in unconsolidated entities	47,780	100,123	94,332
Noncash transfer of other assets to property, construction, and office equipment - net	47,280	16,168	0
Unrealized Gain (Loss) on Derivatives	(9,767)	34,680	10,330
Acquisition of a Business:
Cash and Cash Equivalents, at Carrying Value	1,300,068	1,346,754	1,638,494
Restricted Cash and Cash Equivalents	44,273	51,796	45,918
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 1,344,341	$ 1,398,550	$ 1,684,412	$ 1,396,604

Summary Consolidated Quarterl_3

Summary Consolidated Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2023	Jul. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2021
Quarterly Summary of Income Statement Data [Abstract]
Revenues:									$ 9,994,937	$ 10,275,558	$ 8,790,361
Income before income taxes	$ 604,966	$ 553,017	$ 430,592	$ 253,796	$ 841,144	$ 365,951	$ 295,815	$ 200,816	1,842,371	1,703,726	1,100,315
Net income	$ 445,536	$ 414,789	$ 320,216	$ 191,530	$ 640,536	$ 273,467	$ 220,593	$ 151,904	$ 1,372,071	$ 1,286,500	$ 833,627
Earnings Per Share [Abstract]
Basic earnings (in dollars per share)	$ 4.15	$ 3.77	$ 2.88	$ 1.72	$ 5.67	$ 2.37	$ 1.87	$ 1.26	$ 12.47	$ 11.02	$ 6.72
Diluted earnings (in dollars per share)	$ 4.11	$ 3.73	$ 2.85	$ 1.70	$ 5.63	$ 2.35	$ 1.85	$ 1.24	$ 12.36	$ 10.90	$ 6.63
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic weighted-average shares	107,465	110,003	111,214	111,397	112,914	115,334	117,839	120,996	110,020	116,771	124,100
Weighted Average Number of Shares Outstanding, Diluted	108,388	111,123	112,184	112,336	113,793	116,326	118,925	122,858	111,008	117,975	125,807
Gain (Loss) Related to Litigation Settlement										$ 148,400
Other Income
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Gain (Loss) Related to Litigation Settlement									$ 27,683	141,234	$ 0
Home Building [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenues:	$ 2,951,904	$ 2,674,602	$ 2,490,098	$ 1,749,422	$ 3,580,952	$ 2,256,337	$ 2,186,529	$ 1,687,352	9,866,026	9,711,170	8,431,746
Gross Profit	810,375	742,653	657,220	448,499	963,038	585,634	527,264	397,825
Land [Member]
Quarterly Summary of Income Statement Data [Abstract]
Revenues:	68,243	13,040	16,881	30,747	131,182	238,465	91,012	103,729	$ 128,911	$ 564,388	$ 358,615
Gross Profit	$ (10,351)	$ 1,462	$ (3,969)	$ (11,688)	$ 1,571	$ 8,904	$ (1,969)	$ 4,112