Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Segment Reporting Information [Line Items]        
Corporate and unallocated costs $ (40,737) $ (37,191) $ (111,083) $ (105,536)
Interest expense (55) (1,068) (2,176) (8,350)
Other income, net 1,188 2,402 3,313 5,816
Earnings before income taxes 135,506 92,366 338,201 192,410
Operating Segments [Member] | Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue 4,870 1,695 16,954 12,747
Operating Income 143,608 97,542 356,610 209,649
Operating Segments [Member] | Financial Services [Member]        
Segment Reporting Information [Line Items]        
Operating Income 4,315 5,582 10,942 16,315
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | West [Member]        
Segment Reporting Information [Line Items]        
Operating Income 53,423 41,237 140,059 83,619
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | Central [Member]        
Segment Reporting Information [Line Items]        
Operating Income 52,394 31,979 119,208 72,795
Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | East [Member]        
Segment Reporting Information [Line Items]        
Operating Income 37,791 24,326 97,343 53,235
Corporate and Unallocated [Member]        
Segment Reporting Information [Line Items]        
Corporate and unallocated costs [1] (13,550) (12,092) (30,488) (31,020)
Segment Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Interest expense (55) (1,068) (2,176) (8,350)
Other income, net 1,188 2,402 3,313 5,816
Real Estate [Member]        
Segment Reporting Information [Line Items]        
Revenue 1,138,091 940,880 3,072,183 2,513,635
Real Estate [Member] | Operating Segments [Member] | Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 1,138,091 940,880 3,072,183 2,513,635
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | West [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 434,289 366,149 1,198,782 938,117
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | Central [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 353,208 279,564 909,692 761,702
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Home Building [Member] | East [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 350,594 295,167 963,709 813,816
Home Building [Member]        
Segment Reporting Information [Line Items]        
Revenue $ 1,133,221 $ 939,185 $ 3,055,229 $ 2,500,888
[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 September 30, Nine Months Ended September 30,
2020 2019 2020 2019
Land closing revenue:
West $ —  $ —  $ 4,974  $ 30 
Central 3,301  820  7,901  1,513 
East 1,569  875  4,079  11,204 
Total $ 4,870  $ 1,695  $ 16,954  $ 12,747