Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]        
Corporate and unallocated costs $ (48,443) $ (47,192) $ (136,370) $ (128,297)
Interest expense 0 (79) (41) (246)
Other (expense)/income, net (74) 1,268 (849) 3,443
Loss on early extinguishment of debt 0 0 0 (18,188)
Earnings before income taxes 329,491 261,709 947,069 643,337
Operating Segments [Member] | Financial Services [Member]        
Segment Reporting Information [Line Items]        
Operating Income 4,842 4,224 12,255 12,599
Operating Segments [Member] | Homebuilding Segment        
Segment Reporting Information [Line Items]        
Revenue 8,989 8,470 53,901 25,225
Operating Income 338,073 269,599 962,738 678,402
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]        
Segment Reporting Information [Line Items]        
Operating Income 121,060 95,167 357,319 238,356
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]        
Segment Reporting Information [Line Items]        
Operating Income 112,141 90,579 287,604 232,537
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]        
Segment Reporting Information [Line Items]        
Operating Income 104,872 83,853 317,815 207,509
Corporate and Unallocated [Member]        
Segment Reporting Information [Line Items]        
Corporate and unallocated costs [1] (13,350) (13,303) (27,034) (32,673)
Segment Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Interest expense 0 (79) (41) (246)
Other (expense)/income, net (74) 1,268 (849) 3,443
Homebuilding        
Segment Reporting Information [Line Items]        
Revenue 1,578,021 1,259,905 4,277,336 3,621,285
Homebuilding | Operating Segments [Member] | Homebuilding Segment        
Segment Reporting Information [Line Items]        
Revenue [2] 1,578,021 1,259,905 4,277,336 3,621,285
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 598,147 460,089 1,580,456 1,305,684
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 500,582 383,206 1,280,242 1,109,228
Homebuilding | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]        
Segment Reporting Information [Line Items]        
Revenue [2] 479,292 416,610 1,416,638 1,206,373
Home closings        
Segment Reporting Information [Line Items]        
Revenue $ 1,569,032 $ 1,251,435 $ 4,223,435 $ 3,596,060
[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]
Three Months Ended September 30, Nine Months Ended September 30,
2022 2021 2022 2021
Land closing revenue:
West $ 8,120  $ 8,470  $ 40,927  $ 21,426 
Central 869  —  10,374  3,799 
East —  —  2,600  — 
Total $ 8,989  $ 8,470  $ 53,901  $ 25,225