Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.1.u1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Corporate and unallocated costs $ (50,732) $ (47,519)
Other income, net 9,022 8,844
Earnings before income taxes 234,015 165,303
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Interest expensed 0 0
Operating Segments [Member] | Financial Services [Member]    
Segment Reporting Information [Line Items]    
Operating Income (690) 2,923
Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 2,305 17,385
Operating Income 238,644 164,976
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Operating Income 71,264 38,809
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Operating Income 73,103 65,291
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Operating Income 94,277 60,876
Corporate and Unallocated [Member]    
Segment Reporting Information [Line Items]    
Corporate and unallocated costs [1] (12,961) (11,440)
Segment Reconciling Items [Member]    
Segment Reporting Information [Line Items]    
Other income, net 9,022 8,844
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Interest expensed 0 0
Homebuilding    
Segment Reporting Information [Line Items]    
Revenue 1,468,401 1,279,308
Homebuilding | Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue [2] 1,468,401 1,279,308
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 515,632 434,137
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 427,565 425,450
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 525,204 419,721
Home closings    
Segment Reporting Information [Line Items]    
Revenue $ 1,466,096 $ 1,261,923
[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]
Three Months Ended March 31,
2024 2023
Land closing revenue:
West $ —  $ 16,815 
Central —  570 
East 2,305  — 
Total $ 2,305  $ 17,385