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Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Components of Reportable Segments

For reporting purposes, our Homebuilding operations are aggregated into six reportable segments:

Northeast:						Connecticut, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia
Southeast:						Georgia, North Carolina, South Carolina, Tennessee
Florida:						Florida
Midwest:						Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio
Texas:						Texas
West:						Arizona, California, Colorado, Nevada, New Mexico, Washington

Operating Data By Reporting Segment

			Operating Data by Segment ($000’s omitted)
			Three Months Ended												Six Months Ended
			June 30,												June 30,
			2022						2021						2022						2021
Revenues:
Northeast			$	248,454					$	285,874					$	412,785					$	462,342
Southeast			587,743						517,256						1,115,941						954,034
Florida			992,737						791,564						1,760,707						1,416,805
Midwest			553,767						465,590						1,006,441						832,403
Texas			573,763						470,294						1,020,036						844,416
West			886,947						737,877						1,630,973						1,382,124
			3,843,411						3,268,455						6,946,883						5,892,124
Financial Services			82,775						91,029						166,918						197,150
Consolidated revenues			$	3,926,186					$	3,359,484					$	7,113,801					$	6,089,274
Income (loss) before income taxes:
Northeast			$	59,971					$	53,300					$	87,370					$	79,194
Southeast			152,257						93,444						278,389						164,766
Florida			247,435						147,833						408,129						249,040
Midwest			86,550						70,804						151,251						123,668
Texas			134,133						84,388						217,849						150,037
West			186,561						131,070						319,872						229,902
Other homebuilding (a)			(42,409)						7,180						(79,062)						(80,884)
			824,498						588,019						1,383,798						915,723
Financial Services			40,075						51,454						80,668						117,803
Consolidated income before income taxes			$	864,573					$	639,473					$	1,464,466					$	1,033,526

(a)Other homebuilding includes the amortization of intangible assets and capitalized interest and other items not allocated to the other segments. Other homebuilding also includes insurance reserve reversals of $49.1 million and $55.2 million for the three and six months ended June 30, 2021, respectively (see Note 8), and a loss on debt retirement of $61.5 million in the six months ended June 30, 2021 (see Note 4).

			Operating Data by Segment ($000’s omitted)
			Three Months Ended												Six Months Ended
			June 30,												June 30,
			2022						2021						2022						2021
Land-related charges (a):
Northeast			$	100					$	18					$	202					$	134
Southeast			1,933						883						3,835						1,339
Florida			641						302						1,612						433
Midwest			944						438						1,102						492
Texas			294						263						534						791
West			591						(19)						728						65
Other homebuilding			—						—						—						—
			$	4,503					$	1,885					$	8,013					$	3,254

(a)    Land-related charges include land impairments, net realizable value adjustments on land held for sale, and write-offs of deposits and pre-acquisition costs for land option contracts we elected not to pursue.

Total Assets And Inventory By Reporting Segment

			Operating Data by Segment
			($000's omitted)
			June 30, 2022
			Homes Under Construction						Land Under Development						Raw Land						Total Inventory						Total Assets
Northeast			$	385,827					$	226,922					$	49,687					$	662,436					$	762,972
Southeast			928,441						469,621						85,948						1,484,010						1,651,072
Florida			1,352,877						902,309						228,910						2,484,096						3,002,618
Midwest			678,149						448,266						29,607						1,156,022						1,297,723
Texas			802,580						567,713						139,742						1,510,035						1,671,542
West			1,715,411						1,134,767						234,789						3,084,967						3,404,950
Other homebuilding (a)			52,762						279,373						15,743						347,878						1,173,333
			5,916,047						4,028,971						784,426						10,729,444						12,964,210
Financial Services			—						—						—						—						736,126
			$	5,916,047					$	4,028,971					$	784,426					$	10,729,444					$	13,700,336

			Operating Data by Segment
			($000's omitted)
			December 31, 2021
			Homes Under Construction						Land Under Development						Raw Land						Total Inventory						Total Assets
Northeast			$	285,975					$	246,128					$	17,554					$	549,657					$	644,019
Southeast			604,310						537,072						67,815						1,209,197						1,362,852
Florida			943,110						866,266						289,388						2,098,764						2,545,457
Midwest			527,001						460,279						15,869						1,003,149						1,132,081
Texas			581,417						512,925						95,833						1,190,175						1,315,943
West			1,235,457						1,191,834						227,850						2,655,141						2,955,283
Other homebuilding (a)			48,039						276,511						16,936						341,486						2,314,839
			4,225,309						4,091,015						731,245						9,047,569						12,270,474
Financial Services			—						—						—						—						1,082,157
			$	4,225,309					$	4,091,015					$	731,245					$	9,047,569					$	13,352,631

(a)Other homebuilding primarily includes cash and equivalents, capitalized interest, intangibles, deferred tax assets, and other corporate items that are not allocated to the operating segments.

X

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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