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OPERATING AND REPORTING SEGMENTS
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
OPERATING AND REPORTING SEGMENTS OPERATING AND REPORTING SEGMENTS
We operate with two principal business segments: homebuilding and financial services. As defined in ASC 280-10, Segment Reporting, we have nine homebuilding operating segments. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. We aggregate our homebuilding operating segments into reporting segments based on similar long-term economic characteristics and geographical proximity. Our current reportable homebuilding segments are as follows:
West:           Arizona, California and Colorado
Central:      Texas
East:           Florida, Georgia, North Carolina, South Carolina and Tennessee

Management’s evaluation of segment performance is based on segment operating income, which we define as homebuilding and land revenues less cost of home construction, commissions and other sales costs, land development and other land sales costs and other costs incurred by or allocated to each segment, including impairments. Each reportable segment follows the same accounting policies described in Note 1, “Business and Summary of Significant Accounting Policies.” Operating results for each segment may not be indicative of the results for such segment had it been an independent, stand-alone entity for the periods presented. The following segment information is in thousands:
 Years Ended December 31,
 202020192018
Homebuilding revenue (1):
West$1,800,223 $1,422,516 $1,436,334 
Central1,282,339 1,038,052 1,013,878 
East1,399,558 1,189,915 1,063,207 
Consolidated total4,482,120 3,650,483 3,513,419 
Homebuilding segment operating income:
West213,918 141,435 134,852 
Central185,202 101,686 92,925 
East157,971 87,285 59,522 
Total homebuilding segment operating income 557,091 330,406 287,299 
Financial services segment profit16,388 20,579 24,044 
Corporate and unallocated costs (2)(44,398)(43,612)(38,521)
Interest expense(2,177)(8,370)(785)
Other income, net (3)6,662 9,577 11,217 
Loss on early extinguishment of debt— (5,635)— 
Net earnings before income taxes$533,566 $302,945 $283,254 
 
(1)Homebuilding revenue includes the following land closing revenue, by segment:
Years Ended December 31,
Land closing revenue:202020192018
West$4,974 $12,463 $18,508 
Central8,678 4,297 7,657 
East4,079 29,094 12,542 
Total$17,731 $45,854 $38,707 

(2)Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial reporting segments.
(3)For the year ended December 31, 2018, Other income, net includes a favorable $4.8 million legal settlement from long-standing litigation related to a previous joint venture in Nevada.
 At December 31, 2020
 WestCentralEastFinancial ServicesCorporate and
Unallocated		Total
Deposits on real estate under option or contract$22,493 $11,154 $25,887 $— $— $59,534 
Real estate1,154,488 814,919 808,632 — — 2,778,039 
Investments in unconsolidated entities261 3,090 — — 999 4,350 
Other assets51,271 (1)122,933 (2)81,601 (3)612 766,058 (4)1,022,475 
Total assets$1,228,513 $952,096 $916,120 $612 $767,057 $3,864,398 
 
(1)Balance consists primarily of cash and property and equipment.
(2)Balance consists primarily of cash, development reimbursements from local municipalities and prepaids and other assets.
(3)Balance consists primarily of cash, goodwill, prepaids and other assets, and property and equipment.
(4)Balance consists primarily of cash, deferred tax assets and prepaids and other assets.
 At December 31, 2019
 WestCentralEastFinancial ServicesCorporate  and
Unallocated		Total
Deposits on real estate under option or contract$10,568 $10,963 $29,370 $— $— $50,901 
Real estate1,223,949 708,786 811,626 — — 2,744,361 
Investments in unconsolidated entities260 3,508 — — 675 4,443 
Other assets58,173 (1)107,791 (2)83,475 (3)765 348,340 (4)598,544 
Total assets$1,292,950 $831,048 $924,471 $765 $349,015 $3,398,249 

(1)Balance consists primarily of cash and property and equipment.
(2)Balance consists primarily of development reimbursements from local municipalities and prepaids and other assets.
(3)Balance consists primarily of goodwill, prepaids and other assets, and property and equipment.
(4)Balance consists primarily of cash.