XML 76 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Guarantor Information (Statement of Operations and Comprehensive Income (Loss)) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Homebuilding        
Home sale revenues $ 1,219,675 $ 1,024,405 $ 2,319,427 $ 1,838,191
Land sale revenues 20,385 8,749 46,516 47,147
Total homebuilding revenues 1,240,060 1,033,154 2,365,943 1,885,338
Financial Services 39,362 36,251 76,235 65,103
Total revenues 1,279,422 1,069,405 2,442,178 1,950,441
Homebuilding Cost of Revenues:        
Home sale cost of revenues 990,818 869,379 1,892,288 1,581,545
Land sale cost of revenues 20,710 7,611 42,728 41,008
Total cost of revenues 1,011,528 876,990 1,935,016 1,622,553
Financial Services expenses 23,035 20,327 45,623 42,336
Selling, general, and administrative expenses 150,531 124,186 280,157 247,500
Other expense (income), net 57,339 10,498 62,111 17,117
Interest income (1,112) (1,164) (2,285) (2,363)
Interest expense 166 198 373 415
Intercompany interest 0 0 0 0
Equity in (earnings) loss of unconsolidated entities (395) (1,556) 503 (3,552)
Income (loss) before income taxes and equity in income (loss) of subsidiaries 38,330 39,926 120,680 26,435
Income tax expense (benefit) 1,913 (2,510) 2,501 (4,335)
Income (loss) before equity in income (loss) of subsidiaries 36,417 42,436 118,179 30,770
Equity in income (loss) of subsidiaries 0 0 0 0
Net income 36,417 42,436 118,179 30,770
Other comprehensive income 148 58 196 115
Comprehensive income (loss) 36,565 42,494 118,375 30,885
Parent Company [Member]
       
Homebuilding        
Home sale revenues 0 0 0 0
Land sale revenues 0 0 0 0
Total homebuilding revenues 0 0 0 0
Financial Services 0 0 0 0
Total revenues 0 0 0 0
Homebuilding Cost of Revenues:        
Home sale cost of revenues 0 0 0 0
Land sale cost of revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Financial Services expenses 208 104 416 170
Selling, general, and administrative expenses 0 0 0 0
Other expense (income), net 23,057 0 23,041 (20)
Interest income (88) (61) (165) (123)
Interest expense 166 198 373 415
Intercompany interest 415 153,332 175,280 262,466
Equity in (earnings) loss of unconsolidated entities 0 0 1,460 (2)
Income (loss) before income taxes and equity in income (loss) of subsidiaries (23,758) (153,573) (200,405) (262,906)
Income tax expense (benefit) (24) (9,935) 129 19,256
Income (loss) before equity in income (loss) of subsidiaries (23,734) (143,638) (200,534) (282,162)
Equity in income (loss) of subsidiaries 60,151 186,074 318,713 312,932
Net income 36,417 42,436 118,179 30,770
Other comprehensive income 148 58 196 115
Comprehensive income (loss) 36,565 42,494 118,375 30,885
Guarantor Subsidiaries [Member]
       
Homebuilding        
Home sale revenues 1,219,675 1,024,405 2,319,427 1,838,191
Land sale revenues 20,385 8,749 46,516 47,147
Total homebuilding revenues 1,240,060 1,033,154 2,365,943 1,885,338
Financial Services 492 457 1,111 830
Total revenues 1,240,552 1,033,611 2,367,054 1,886,168
Homebuilding Cost of Revenues:        
Home sale cost of revenues 990,818 869,379 1,892,288 1,581,545
Land sale cost of revenues 20,710 7,611 42,728 41,008
Total cost of revenues 1,011,528 876,990 1,935,016 1,622,553
Financial Services expenses 80 160 224 273
Selling, general, and administrative expenses 149,975 123,259 278,866 245,666
Other expense (income), net 33,118 8,167 37,521 14,459
Interest income (1,003) (1,081) (2,058) (2,194)
Interest expense 0 0 0 0
Intercompany interest 1 (149,938) (172,398) (255,830)
Equity in (earnings) loss of unconsolidated entities (319) (1,246) (346) (3,162)
Income (loss) before income taxes and equity in income (loss) of subsidiaries 47,172 177,300 290,229 264,403
Income tax expense (benefit) (3,572) 1,550 (7,966) (4,194)
Income (loss) before equity in income (loss) of subsidiaries 50,744 175,750 298,195 268,597
Equity in income (loss) of subsidiaries 10,555 10,254 21,976 44,736
Net income 61,299 186,004 320,171 313,333
Other comprehensive income 0 0 0 0
Comprehensive income (loss) 61,299 186,004 320,171 313,333
Non-Guarantor Subsidiaries [Member]
       
Homebuilding        
Home sale revenues 0 0 0 0
Land sale revenues 0 0 0 0
Total homebuilding revenues 0 0 0 0
Financial Services 38,870 35,794 75,124 64,273
Total revenues 38,870 35,794 75,124 64,273
Homebuilding Cost of Revenues:        
Home sale cost of revenues 0 0 0 0
Land sale cost of revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Financial Services expenses 22,747 20,063 44,983 41,893
Selling, general, and administrative expenses 556 927 1,291 1,834
Other expense (income), net 1,164 2,331 1,549 2,678
Interest income (21) (22) (62) (46)
Interest expense 0 0 0 0
Intercompany interest (416) (3,394) (2,882) (6,636)
Equity in (earnings) loss of unconsolidated entities (76) (310) (611) (388)
Income (loss) before income taxes and equity in income (loss) of subsidiaries 14,916 16,199 30,856 24,938
Income tax expense (benefit) 5,509 5,875 10,338 (19,397)
Income (loss) before equity in income (loss) of subsidiaries 9,407 10,324 20,518 44,335
Equity in income (loss) of subsidiaries 26,502 95,463 201,461 145,594
Net income 35,909 105,787 221,979 189,929
Other comprehensive income 0 0 0 0
Comprehensive income (loss) 35,909 105,787 221,979 189,929
Eliminating Entries [Member]
       
Homebuilding        
Home sale revenues 0 0 0 0
Land sale revenues 0 0 0 0
Total homebuilding revenues 0 0 0 0
Financial Services 0 0 0 0
Total revenues 0 0 0 0
Homebuilding Cost of Revenues:        
Home sale cost of revenues 0 0 0 0
Land sale cost of revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Financial Services expenses 0 0 0 0
Selling, general, and administrative expenses 0 0 0 0
Other expense (income), net 0 0 0 0
Interest income 0 0 0 0
Interest expense 0 0 0 0
Intercompany interest 0 0 0 0
Equity in (earnings) loss of unconsolidated entities 0 0 0 0
Income (loss) before income taxes and equity in income (loss) of subsidiaries 0 0 0 0
Income tax expense (benefit) 0 0 0 0
Income (loss) before equity in income (loss) of subsidiaries 0 0 0 0
Equity in income (loss) of subsidiaries (97,208) (291,791) (542,150) (503,262)
Net income (97,208) (291,791) (542,150) (503,262)
Other comprehensive income 0 0 0 0
Comprehensive income (loss) $ (97,208) $ (291,791) $ (542,150) $ (503,262)