Annual report pursuant to Section 13 and 15(d)

OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details)

v3.24.0.1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Homebuilding segment operating income:      
Corporate and unallocated costs $ (231,722) $ (192,984) $ (181,449)
Interest expense 0 (41) (318)
Other income, net 47,948 2,714 4,864
Loss on early extinguishment of debt (907) 0 (18,188)
Net earnings before income taxes 949,430 1,289,318 954,834
Operating Segments [Member] | Homebuilding      
Homebuilding segment operating income:      
Operating Income 955,155 1,308,709 1,001,015
Operating Segments [Member] | Financial Services [Member]      
Homebuilding segment operating income:      
Operating Income 12,466 18,294 18,034
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | West [Member]      
Homebuilding segment operating income:      
Operating Income 265,479 466,916 379,093
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | Central [Member]      
Homebuilding segment operating income:      
Operating Income 307,163 376,734 319,435
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | East [Member]      
Homebuilding segment operating income:      
Operating Income 382,513 465,059 302,487
Corporate and Unallocated [Member]      
Homebuilding segment operating income:      
Corporate and unallocated costs [1] (65,232) (40,358) (50,573)
Segment Reconciling Items [Member]      
Homebuilding segment operating income:      
Interest expense 0 (41) (318)
Other income, net 47,948 2,714 4,864
Homebuilding      
Homebuilding revenue:      
Revenue 6,113,013 6,268,727 5,120,110
Homebuilding | Operating Segments [Member] | Homebuilding      
Homebuilding revenue:      
Revenue [2] 6,113,013 6,268,727 5,120,110
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | West [Member]      
Homebuilding revenue:      
Revenue [2] 2,142,419 2,250,083 1,935,845
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | Central [Member]      
Homebuilding revenue:      
Revenue [2] 1,805,633 1,846,153 1,504,481
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | East [Member]      
Homebuilding revenue:      
Revenue [2] $ 2,164,961 $ 2,172,491 $ 1,679,784
[1] Balance consists primarily of corporate costs and shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.
[2] Homebuilding revenue includes the following land closing revenue, by segment:
Years Ended December 31,
Land closing revenue: 2023 2022 2021
West $ 35,324  $ 47,974  $ 21,426 
Central 6,694  10,655  3,799 
East 14,211  2,600  12 
Total $ 56,229  $ 61,229  $ 25,237