Note 14 - Operating And Reporting Segments (Tables)
|
6 Months Ended |
Jun. 30, 2022 |
|---|
| Notes Tables |
|
| Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
| |
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Homebuilding revenue (1): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| West |
|
$ |
487,803 |
|
|
$ |
452,165 |
|
|
$ |
982,309 |
|
|
$ |
845,595 |
|
| Central |
|
|
424,036 |
|
|
|
403,838 |
|
|
|
779,660 |
|
|
|
726,022 |
|
| East |
|
|
500,542 |
|
|
|
421,596 |
|
|
|
937,346 |
|
|
|
789,763 |
|
| Consolidated total |
|
$ |
1,412,381 |
|
|
$ |
1,277,599 |
|
|
$ |
2,699,315 |
|
|
$ |
2,361,380 |
|
| Homebuilding segment operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| West |
|
$ |
115,403 |
|
|
$ |
78,938 |
|
|
$ |
236,259 |
|
|
$ |
143,189 |
|
| Central |
|
|
100,203 |
|
|
|
84,965 |
|
|
|
175,463 |
|
|
|
141,958 |
|
| East |
|
|
119,395 |
|
|
|
73,477 |
|
|
|
212,943 |
|
|
|
123,656 |
|
| Total homebuilding segment operating income |
|
|
335,001 |
|
|
|
237,380 |
|
|
|
624,665 |
|
|
|
408,803 |
|
| Financial services segment profit |
|
|
4,079 |
|
|
|
4,615 |
|
|
|
7,413 |
|
|
|
8,375 |
|
| Corporate and unallocated costs (2) |
|
|
(6,927 |
) |
|
|
(9,456 |
) |
|
|
(13,684 |
) |
|
|
(19,370 |
) |
| Interest expense |
|
|
— |
|
|
|
(77 |
) |
|
|
(41 |
) |
|
|
(167 |
) |
| Other (expense)/income, net |
|
|
(458 |
) |
|
|
1,377 |
|
|
|
(775 |
) |
|
|
2,175 |
|
| Loss on early extinguishment of debt |
|
|
— |
|
|
|
(18,188 |
) |
|
|
— |
|
|
|
(18,188 |
) |
| Net earnings before income taxes |
|
$ |
331,695 |
|
|
$ |
215,651 |
|
|
$ |
617,578 |
|
|
$ |
381,628 |
|
|
| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Land closing revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| West |
|
$ |
1,725 |
|
|
$ |
12,956 |
|
|
$ |
32,807 |
|
|
$ |
12,956 |
|
| Central |
|
|
1,709 |
|
|
|
— |
|
|
|
9,505 |
|
|
|
3,799 |
|
| East |
|
|
— |
|
|
|
— |
|
|
|
2,600 |
|
|
|
— |
|
| Total |
|
$ |
3,434 |
|
|
$ |
12,956 |
|
|
$ |
44,912 |
|
|
$ |
16,755 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
At June 30, 2022 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial |
|
|
Corporate and |
|
|
|
|
|
|
| |
|
West |
|
|
|
Central |
|
|
|
East |
|
|
|
Services |
|
|
Unallocated |
|
|
|
Total |
|
| Deposits on real estate under option or contract |
|
$ |
28,922 |
|
|
|
$ |
10,714 |
|
|
|
$ |
58,331 |
|
|
|
$ |
— |
|
|
$ |
— |
|
|
|
$ |
97,967 |
|
| Real estate |
|
|
1,861,310 |
|
|
|
|
1,316,092 |
|
|
|
|
1,296,660 |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
4,474,062 |
|
| Investments in unconsolidated entities |
|
|
110 |
|
|
|
|
2,936 |
|
|
|
|
7,360 |
|
|
|
|
— |
|
|
|
817 |
|
|
|
|
11,223 |
|
| Other assets |
|
|
77,526 |
|
(1) |
|
|
209,131 |
|
(2) |
|
|
120,461 |
|
(3) |
|
|
519 |
|
|
|
316,834 |
|
(4) |
|
|
724,471 |
|
| Total assets |
|
$ |
1,967,868 |
|
|
|
$ |
1,538,873 |
|
|
|
$ |
1,482,812 |
|
|
|
$ |
519 |
|
|
$ |
317,651 |
|
|
|
$ |
5,307,723 |
|
| |
|
At December 31, 2021 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial |
|
|
Corporate and |
|
|
|
|
|
|
| |
|
West |
|
|
|
Central |
|
|
|
East |
|
|
|
Services |
|
|
Unallocated |
|
|
|
Total |
|
| Deposits on real estate under option or contract |
|
$ |
26,687 |
|
|
|
$ |
11,132 |
|
|
|
$ |
52,860 |
|
|
|
$ |
— |
|
|
$ |
— |
|
|
|
$ |
90,679 |
|
| Real estate |
|
|
1,571,477 |
|
|
|
|
1,076,300 |
|
|
|
|
1,086,631 |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
3,734,408 |
|
| Investments in unconsolidated entities |
|
|
87 |
|
|
|
|
2,974 |
|
|
|
|
1,707 |
|
|
|
|
— |
|
|
|
996 |
|
|
|
|
5,764 |
|
| Other assets |
|
|
66,897 |
|
(1) |
|
|
199,791 |
|
(2) |
|
|
102,073 |
|
(3) |
|
|
610 |
|
|
|
607,311 |
|
(4) |
|
|
976,682 |
|
| Total assets |
|
$ |
1,665,148 |
|
|
|
$ |
1,290,197 |
|
|
|
$ |
1,243,271 |
|
|
|
$ |
610 |
|
|
$ |
608,307 |
|
|
|
$ |
4,807,533 |
|
|