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Segment Information (Tables)

9 Months Ended

Sep. 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												Nine Months Ended
			September 30,												September 30,
			2022						2021						2022						2021
Revenues:
Northeast			$	252,986					$	273,261					$	665,771					$	735,602
Southeast			720,101						587,875						1,836,042						1,541,910
Florida			953,778						740,569						2,714,485						2,157,374
Midwest			562,891						505,012						1,569,332						1,337,416
Texas			588,423						412,568						1,608,459						1,256,983
West			792,928						868,283						2,423,901						2,250,407
			3,871,107						3,387,568						10,817,990						9,279,692
Financial Services			72,709						91,482						239,627						288,632
Consolidated revenues			$	3,943,816					$	3,479,050					$	11,057,617					$	9,568,324
Income (loss) before income taxes:
Northeast			$	52,682					$	53,410					$	140,052					$	132,604
Southeast			181,667						109,407						460,056						274,174
Florida			220,850						133,642						628,979						382,682
Midwest			79,168						72,537						230,419						196,205
Texas			133,404						71,062						351,253						221,099
West			149,001						173,137						468,873						403,039
Other homebuilding (a)			(33,009)						(41,432)						(112,070)						(122,317)
			783,763						571,763						2,167,562						1,487,486
Financial Services			27,514						48,639						108,181						166,442
Consolidated income before income taxes			$	811,277					$	620,402					$	2,275,743					$	1,653,928

(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 $56.6 million and a loss on debt retirement of $61.5 million in the nine months ended September 30, 2021 (see Note 8 and Note 4, respectively).

			Operating Data by Segment ($000’s omitted)
			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2022						2021						2022						2021
Land-related charges (a):
Northeast			$	3,759					$	223					$	3,961					$	357
Southeast			5,889						1,915						9,724						3,253
Florida			4,881						209						6,493						642
Midwest			1,677						477						2,780						969
Texas			2,794						141						3,328						932
West			5,462						602						6,189						667
Other homebuilding			—						—						—						—
			$	24,462					$	3,567					$	32,475					$	6,820

(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)
			September 30, 2022
			Homes Under Construction						Land Under Development						Raw Land						Total Inventory						Total Assets
Northeast			$	419,660					$	220,715					$	50,689					$	691,064					$	779,447
Southeast			983,353						489,200						88,649						1,561,202						1,772,806
Florida			1,494,755						1,049,632						150,892						2,695,279						3,202,654
Midwest			712,962						592,427						25,570						1,330,959						1,468,414
Texas			832,674						659,635						127,291						1,619,600						1,786,814
West			1,947,389						1,319,823						229,116						3,496,328						3,860,637
Other homebuilding (a)			44,525						321,887						12,233						378,645						668,782
			6,435,318						4,653,319						684,440						11,773,077						13,539,554
Financial Services			—						—						—						—						672,290
			$	6,435,318					$	4,653,319					$	684,440					$	11,773,077					$	14,211,844

			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.

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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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