Quarterly report pursuant to Section 13 or 15(d)

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

v3.10.0.1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Homebuilding revenue:        
Revenue $ 877,495 $ 801,978 $ 1,620,059 $ 1,474,750
Homebuilding segment operating income:        
Corporate and unallocated costs (34,205) (29,591) (65,098) (59,213)
(Loss)/earnings from other unconsolidated entities, net (156) 570 (202) 943
Interest expense (44) (1,620) (180) (2,445)
Other income, net 1,934 2,080 7,305 3,190
Earnings before income taxes 71,185 63,205 120,069 99,974
Operating Segments [Member] | Homebuilding [Member]        
Homebuilding revenue:        
Revenue [1] 877,495 801,978 1,620,059 1,474,750
Homebuilding segment operating income:        
Operating Income 73,202 63,646 119,949 103,984
Operating Segments [Member] | Financial Services [Member]        
Homebuilding segment operating income:        
Operating Income 5,651 5,557 9,871 9,847
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding [Member] | West [Member]        
Homebuilding revenue:        
Revenue [1] 351,647 369,574 668,875 681,378
Homebuilding segment operating income:        
Operating Income 33,062 35,131 54,183 59,143
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding [Member] | Central [Member]        
Homebuilding revenue:        
Revenue [1] 260,106 225,679 451,976 400,510
Homebuilding segment operating income:        
Operating Income 25,576 23,230 39,843 37,120
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding [Member] | East [Member]        
Homebuilding revenue:        
Revenue [1] 265,742 206,725 499,208 392,862
Homebuilding segment operating income:        
Operating Income 14,564 5,285 25,923 7,721
Corporate and Unallocated [Member]        
Homebuilding segment operating income:        
Corporate and unallocated costs [2] (9,402) (7,028) (16,674) (15,545)
Segment Reconciling Items [Member]        
Homebuilding segment operating income:        
(Loss)/earnings from other unconsolidated entities, net (156) 570 (202) 943
Interest expense (44) (1,620) (180) (2,445)
Other income, net $ 1,934 $ 2,080 $ 7,305 [3] $ 3,190
[1] 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, 2018 2017 2018 2017Land closing revenue: West$1,935 $— $14,390 $11,800Central762 — 887 122East2,415 4,198 3,867 4,431Total$5,112 $4,198 $19,144 $16,353
[2] 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.
[3] For the six months ended June 30, 2018, Other income, net includes a favorable $4.8 million legal settlement from long-standing litigation related to a previous joint venture in Nevada.