Quarterly report pursuant to Section 13 or 15(d)

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

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OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Segment Reporting Information [Line Items]        
Corporate and unallocated costs $ (43,156) $ (36,176) $ (81,105) $ (70,346)
Interest expense (77) (2,105) (167) (2,121)
Other income, net 1,377 1,514 2,175 2,125
Loss on early extinguishment of debt (18,188) 0 (18,188) 0
Earnings before income taxes 215,651 115,862 381,628 202,695
Operating Segments [Member] | Financial Services [Member]        
Segment Reporting Information [Line Items]        
Operating Income 4,615 3,789 8,375 6,627
Operating Segments [Member] | Homebuilding Segment        
Segment Reporting Information [Line Items]        
Revenue 12,956 1,488 16,755 12,084
Operating Income 237,380 120,428 408,803 213,002
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]        
Segment Reporting Information [Line Items]        
Operating Income 78,938 44,742 143,189 86,636
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]        
Segment Reporting Information [Line Items]        
Operating Income 84,965 37,895 141,958 66,814
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]        
Segment Reporting Information [Line Items]        
Operating Income 73,477 37,791 123,656 59,552
Corporate and Unallocated [Member]        
Segment Reporting Information [Line Items]        
Corporate and unallocated costs [1] (9,456) (7,764) (19,370) (16,938)
Segment Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Interest expense (77) (2,105) (167) (2,121)
Other income, net 1,377 1,514 2,175 2,125
Homebuilding        
Segment Reporting Information [Line Items]        
Revenue 1,277,599 1,033,079 2,361,380 1,934,092
Homebuilding | Operating Segments [Member] | Homebuilding Segment        
Segment Reporting Information [Line Items]        
Revenue [2] 1,277,599 1,033,079 2,361,380 1,934,092
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 452,165 382,245 845,595 764,493
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 403,838 296,357 726,022 556,484
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 421,596 354,477 789,763 613,115
Home closings        
Segment Reporting Information [Line Items]        
Revenue $ 1,264,643 $ 1,031,591 $ 2,344,625 $ 1,922,008
[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,
2021 2020 2021 2020
Land closing revenue:
West $ 12,956  $ 456  $ 12,956  $ 4,974 
Central —  382  3,799  4,600 
East —  650  —  2,510 
Total $ 12,956  $ 1,488  $ 16,755  $ 12,084