Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting Information [Line Items]        
Corporate and unallocated costs $ (36,176) $ (34,779) $ (70,346) $ (68,345)
Interest expense (2,105) (3,197) (2,121) (7,282)
Other income, net 1,514 2,368 2,125 3,414
Earnings before income taxes 115,862 67,674 202,695 100,044
Operating Segments [Member] | Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue 1,488 1,557 12,084 11,052
Operating Income 120,428 71,770 213,002 112,107
Operating Segments [Member] | Financial Services [Member]        
Segment Reporting Information [Line Items]        
Operating Income 3,789 6,031 6,627 10,733
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | West [Member]        
Segment Reporting Information [Line Items]        
Operating Income 44,742 24,074 86,636 42,382
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | Central [Member]        
Segment Reporting Information [Line Items]        
Operating Income 37,895 28,480 66,814 40,816
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | East [Member]        
Segment Reporting Information [Line Items]        
Operating Income 37,791 19,216 59,552 28,909
Corporate and Unallocated [Member]        
Segment Reporting Information [Line Items]        
Corporate and unallocated costs [1] (7,764) (9,298) (16,938) (18,928)
Segment Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Interest expense (2,105) (3,197) (2,121) (7,282)
Other income, net 1,514 2,368 2,125 3,414
Real Estate [Member]        
Segment Reporting Information [Line Items]        
Revenue 1,033,079 864,610 1,934,092 1,572,755
Real Estate [Member] | Operating Segments [Member] | Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 1,033,079 864,610 1,934,092 1,572,755
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | West [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 382,245 299,002 764,493 571,968
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | Central [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 296,357 290,532 556,484 482,138
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | East [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 354,477 275,076 613,115 518,649
Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue $ 1,031,591 $ 863,053 $ 1,922,008 $ 1,561,703
[1] Balance consists primarily of corporate costs and numerous 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, as outlined in the table below:
Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Land closing revenue:
West $ 456    $ 30    $ 4,974    $ 30   
Central 382    693    4,600    693   
East 650    834    2,510    10,329   
Total $ 1,488    $ 1,557    $ 12,084    $ 11,052