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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 Close
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 Close
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 Close
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