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Segment Information (Tables)

9 Months Ended

Sep. 30, 2011

Segment Information [Abstract]

Operating Data By Segment

		Operating Data by Segment ($000's omitted)
		Three Months Ended September 30,								Nine Months Ended September 30,
		2011				2010				2011				2010
Revenues:
East		$	379,662			$	321,817			$	951,918			$	1,108,220
Gulf Coast			342,860				277,699				878,448				881,906
West			391,505				431,239				972,259				1,300,156
			1,114,027				1,030,755				2,802,625				3,290,282
Financial Services			27,904				27,009				71,720				93,738
Consolidated revenues		$	1,141,931			$	1,057,764			$	2,874,345			$	3,384,020
Income (loss) before income taxes:
East		$	14,941			$	3,797			$	29,392			$	45,081
Gulf Coast			30,068				(17,075	)			47,310				(3,336	)
West			33,444				(21,276	)			11,500				4,946
Other homebuilding (a)			(285,936	)			(985,695	)			(364,325	)			(1,066,977	)
			(207,483	)			(1,020,249	)			(276,123	)			(1,020,286	)
Financial Services (b)			8,683				3,463				(6,987	)			350
Other non-operating (c)			(3,700	)			(7,051	)			(18,115	)			(24,135	)
Consolidated income (loss) before income taxes		$	(202,500	)		$	(1,023,837	)		$	(301,225	)		$	(1,044,071	)

(a) Other homebuilding primarily includes the amortization of intangible assets, goodwill impairment, and amortization of capitalized interest.

(b) Financial Services income before income taxes includes interest expense of $0.8 million and $1.9 million for the three and nine months ended September 30, 2010, respectively. Interest income included in Financial Services income before income taxes totaled $1.4 million and $3.4 million for the three and nine months ended September 30, 2011, respectively, and $1.6 million and $4.5 million for the three and nine months ended September 30, 2010, respectively.

(c) Other non-operating includes the costs of certain shared services that benefit all operating segments, a portion of which are not allocated to the operating segments reported above.

Valuation Adjustments And Write-Offs By Segment

		Valuation Adjustments and Write-Offs by Segment ($000's omitted)
		Three Months Ended September 30,								Nine Months Ended September 30,
		2011				2010				2011				2010
Land and community valuation adjustments:
East		$	526			$	4,974			$	795			$	5,451
Gulf Coast			—				20,938				—				28,965
West			—				23,926				1,818				39,294
Other homebuilding (a)			968				7,615				2,284				13,826
		$	1,494			$	57,453			$	4,897			$	87,536
Net realizable value adjustments—land held for sale:
East		$	—			$	—			$	—			$	—
Gulf Coast			143				186				143				507
West			—				462				(249	)			521
		$	143			$	648			$	(106	)		$	1,028
Write-off of deposits and pre-acquisition costs:
East		$	533			$	894			$	2,724			$	1,109
Gulf Coast			103				53				282				548
West			1,660				186				3,622				2,328
		$	2,296			$	1,133			$	6,628			$	3,985
Impairments of investments in unconsolidated joint ventures:
East		$	—			$	—			$	—			$	—
Gulf Coast			—				—				—				—
West			—				—				—				1,908
		$	—			$	—			$	—			$	1,908
Total valuation adjustments and write-offs		$	3,933			$	59,234			$	11,419			$	94,457

(a) Primarily write-offs of capitalized interest related to land and community valuation adjustments.

Total Assets And Inventory By Reportable Segment

		September 30, 2011
		Homes Under Construction				Land Under Development				Land Held for Future Development				Total Inventory				Total Assets
East		$	508,909			$	761,701			$	256,517			$	1,527,127			$	1,691,242
Gulf Coast			309,122				585,266				208,545				1,102,933				1,245,297
West			570,875				954,944				315,364				1,841,183				2,020,661
Other homebuilding (a)			56,407				280,943				81,075				418,425				585,373
			1,445,313				2,582,854				861,501				4,889,668				5,542,573
Financial Services			—				—				—				—				207,379
Other non-operating (b)			—				—				—				—				1,478,702
		$	1,445,313			$	2,582,854			$	861,501			$	4,889,668			$	7,228,654
		December 31, 2010
		Homes Under Construction				Land Under Development				Land Held for Future Development				Total Inventory				Total Assets
East		$	455,637			$	762,778			$	262,653			$	1,481,068			$	1,682,442
Gulf Coast			313,734				555,384				239,950				1,109,068				1,294,738
West			518,427				963,259				329,108				1,810,794				1,966,986
Other homebuilding (a)			43,820				260,408				76,655				380,883				798,285
			1,331,618				2,541,829				908,366				4,781,813				5,742,451
Financial Services			—				—				—				—				222,989
Other non-operating (b)			—				—				—				—				1,733,936
		$	1,331,618			$	2,541,829			$	908,366			$	4,781,813			$	7,699,376

(a) Other homebuilding primarily includes capitalized interest, goodwill, and intangibles.

(b) Other non-operating primarily includes cash and equivalents, income taxes receivable, and other corporate items that are not allocated to the operating segments.

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-Paragraph 32

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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