Quarterly report [Sections 13 or 15(d)]

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

v3.25.1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Corporate and unallocated costs $ (56,997) $ (50,732)
Interest expense 0 0
Other income, net 9,498 9,022
Earnings before income taxes 160,159 234,015
Loss on early extinguishment of debt 160,159 234,015
Operating Segments [Member] | Financial Services [Member]    
Segment Reporting Information [Line Items]    
Operating Income 3,563 (690)
Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Operating Income 159,711 238,644
Corporate and unallocated costs $ (44,384) $ (37,771)
Gross Margin, Segment Reporting Percentage 22.00% 25.80%
Selling Expense $ 94,720 $ 101,550
Operating Segments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Operating Income 64,665 71,264
Corporate and unallocated costs $ (13,453) $ (12,706)
Gross Margin, Segment Reporting Percentage 21.90% 22.30%
Selling Expense $ 27,402 $ 31,158
Operating Segments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Operating Income 45,828 84,771
Corporate and unallocated costs $ (12,839) $ (11,383)
Gross Margin, Segment Reporting Percentage 22.00% 27.60%
Selling Expense $ 32,657 $ 37,245
Operating Segments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Operating Income 49,218 82,609
Corporate and unallocated costs $ (18,092) $ (13,682)
Gross Margin, Segment Reporting Percentage 22.20% 27.70%
Selling Expense $ 34,661 $ 33,147
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 1,357,525 1,468,401
Cost of Revenue 1,058,710 1,090,436
Gross Profit 298,815 377,965
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue 480,327 515,632
Cost of Revenue 374,807 400,504
Gross Profit 105,520 115,128
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue 413,467 483,770
Cost of Revenue 322,143 350,371
Gross Profit 91,324 133,399
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue 463,731 468,999
Cost of Revenue 361,760 339,561
Gross Profit 101,971 129,438
Corporate and Unallocated [Member]    
Segment Reporting Information [Line Items]    
Corporate and unallocated costs (12,613) [1] (12,961)
Segment Reconciling Items [Member]    
Segment Reporting Information [Line Items]    
Interest expense 0 0
Other income, net 9,498 9,022
Homebuilding    
Segment Reporting Information [Line Items]    
Revenue 1,357,525 1,468,401
Gross Profit 298,815 377,965
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 1,342,104 1,466,096
Cost of Revenue 1,046,454 1,088,138
Gross Profit 295,650 377,958
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue 479,636 515,632
Cost of Revenue 374,665 400,504
Gross Profit 104,971 115,128
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue 412,537 483,770
Cost of Revenue 321,808 350,371
Gross Profit 90,729 133,399
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue 449,931 466,694
Cost of Revenue 349,981 337,263
Gross Profit 99,950 129,431
Home closings    
Segment Reporting Information [Line Items]    
Revenue 1,342,104 1,466,096
Gross Profit 295,650 377,958
Land closings    
Segment Reporting Information [Line Items]    
Revenue 15,421 2,305
Gross Profit 3,165 7
Land closings | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 15,421 2,305
Cost of Revenue 12,256 2,298
Gross Profit 3,165 7
Land closings | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue 691 0
Cost of Revenue 142 0
Gross Profit 549 0
Land closings | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue 930 0
Cost of Revenue 335 0
Gross Profit 595 0
Land closings | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue 13,800 2,305
Cost of Revenue 11,779 2,298
Gross Profit $ 2,021 $ 7
[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.