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Quarterly results (unaudited) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Homebuilding:                      
Revenues $ 1,518,445 $ 1,255,327 $ 1,033,154 $ 852,184 $ 1,230,971 $ 1,114,027 $ 904,831 $ 783,767 $ 4,659,110 [1] $ 4,033,596 [1] $ 4,447,627
Cost of revenues 1,261,012 1,044,765 876,990 745,563 1,079,370 944,882 793,465 685,960 3,928,331 [1] 3,503,677 [1] 4,059,940
Income (loss) before income taxes 75,225 [2] 79,179 [2] 23,939 [2] (20,352) [2] 18,351 [3] (211,126) [3] (36,690) [3] (46,365) [3] 157,991 [1],[2] (275,830) [1],[3] (1,240,155)
Financial Services:                      
Revenues 48,521 47,264 36,251 28,852 31,374 27,904 22,381 21,435 160,888 [1] 103,094 [1] 121,663
Income (loss) before income taxes (24,012) [4] 26,727 [4] 15,987 [4] 6,861 [4] (27,426) [5] 8,626 [5] (16,643) [5] 973 [5] 25,563 [1],[4],[6] (34,470) [1],[5],[6] 5,609 [6]
Consolidated results:                      
Total revenues 1,566,966 1,302,591 1,069,405 881,036 1,262,345 1,141,931 927,212 805,202 4,819,998 [1] 4,136,690 [1] 4,569,290
Income (loss) before income taxes 51,213 105,906 39,926 (13,491) (9,075) (202,500) (53,333) (45,392) 183,554 [1] (310,300) [1] (1,234,546)
Income taxes (benefit) (7,529) (10,727) (2,510) (1,825) (22,896) (73,202) 2,052 (5,866) (22,591) [1] (99,912) [1] (137,817)
Net income (loss) $ 58,742 $ 116,633 $ 42,436 $ (11,666) $ 13,821 $ (129,298) $ (55,385) $ (39,526) $ 206,145 [1] $ (210,388) [1] $ (1,096,729)
Net income (loss) per share:                      
Basic $ 0.15 $ 0.31 $ 0.11 $ (0.03) $ 0.04 $ (0.34) $ (0.15) $ (0.10) $ 0.54 [1] $ (0.55) [1] $ (2.90)
Diluted $ 0.15 $ 0.30 $ 0.11 $ (0.03) $ 0.04 $ (0.34) $ (0.15) $ (0.10) $ 0.54 [1] $ (0.55) [1] $ (2.90)
Number of shares used in calculation:                      
Basic 383,404 381,355 380,655 380,502 380,149 380,025 379,781 379,544 381,562 [1] 379,877 [1] 378,585
Effect of dilutive securities 5,900 3,215 1,548 0 1,112 0 0 0 3,002 [1] 0 [1] 0
Diluted 389,304 384,570 382,203 380,502 381,261 380,025 379,781 379,544 384,564 [1] 379,877 [1] 378,585
[1] Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently.
[2] includes losses on debt retirements totaling $32.1 million in the 4th Quarter.
[3] Homebuilding income (loss) before income taxes includes land-related charges of $0.7 million, $6.8 million, $3.9 million, and $24.4 million in the 1st Quarter, 2nd Quarter, 3rd Quarter, and 4th Quarter, respectively; goodwill impairment charges totaling $240.5 million in the 3rd Quarter; and losses on debt retirements of $3.5 million and $2.1 million in the 2nd Quarter and 4th Quarter, respectively.
[4] loss) before income taxes includes additional loan origination reserves of $49.0 million in the 4th Quarter.
[5] Financial Services income (loss) before income taxes includes additional loan origination reserves of $19.3 million and $40.0 million in the 2nd Quarter and 4th Quarter, respectively.
[6] Financial Services income (loss) before income taxes includes interest expense of $0.5 million, $0.0 million, and $1.6 million for 2012, 2011, and 2010, respectively, and interest income of $6.0 million, $5.0 million, and $5.8 million for 2012, 2011, and 2010, respectively.