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Segment Information - Schedule of Expenses and Income Before Income Taxes for each Reportable Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Segment Reporting Information |  |  |  |
Total revenues | $ 902,413 | $ 1,154,924 | $ 1,643,341 | $ 2,094,326
Other operations expense | (793) | (765) | (1,587) | (1,530)
Sales and marketing | (50,171) | (56,804) | (93,113) | (107,028)
General and administrative | (60,803) | (67,747) | (118,478) | (119,075)
Income from operations | 76,705 | 149,196 | 153,591 | 264,493
Equity in income (loss) of unconsolidated entities | 471 | 99 | 966 | 156
Other income, net | 7,174 | 9,934 | 16,303 | 25,160
Income (loss) before income taxes | 84,350 | 159,229 | 170,860 | 289,809
Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 884,010 | 1,137,950 | 1,607,437 | 2,064,158
Other operations expense | (793) | (765) | (1,587) | (1,530)
Sales and marketing | (50,171) | (56,804) | (93,113) | (107,028)
General and administrative | (60,803) | (67,747) | (118,478) | (119,075)
Income from operations | 72,360 | 143,112 | 144,362 | 253,942
Equity in income (loss) of unconsolidated entities | 471 | 99 | 966 | 156
Other income, net | 7,174 | 9,934 | 16,303 | 25,160
Financial Services |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 18,403 | 16,974 | 35,904 | 30,168
Financial services expense | (14,058) | (10,890) | (26,675) | (19,617)
Home sales revenue |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (696,630) | (865,681) | (1,244,903) | (1,572,985)
Home sales revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 879,832 | 1,133,008 | 1,600,618 | 2,051,361
Cost of home, land and lot sales | (696,630) | (865,681) | (1,244,903) | (1,572,985)
Land and lot sales revenue |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (3,253) | (3,841) | (4,994) | (9,598)
Land and lot sales revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 3,364 | 4,160 | 5,185 | 11,228
Cost of home, land and lot sales | (3,253) | (3,841) | (4,994) | (9,598)
Other operations revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 814 | 782 | 1,634 | 1,569
Operating Segments | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 884,010 | 1,137,950 | 1,607,437 | 2,064,158
Other operations expense | (793) | (765) | (1,587) | (1,530)
Sales and marketing | (49,620) | (56,569) | (92,099) | (106,434)
General and administrative | (36,066) | (37,625) | (70,947) | (68,669)
Financial services expense | 0 | 0 | 0 | 0
Income from operations | 99,460 | 175,780 | 196,189 | 309,251
Equity in income (loss) of unconsolidated entities | 471 | 99 | 966 | 156
Other income, net | 294 | 215 | 692 | 905
Income (loss) before income taxes | 100,225 | 176,094 | 197,847 | 310,312
Operating Segments | Financial Services |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 18,403 | 16,974 | 35,904 | 30,168
Other operations expense | 0 | 0 | 0 | 0
Sales and marketing | 0 | 0 | 0 | 0
General and administrative | 0 | 0 | 0 | 0
Financial services expense | (14,058) | (10,890) | (26,675) | (19,617)
Income from operations | 4,345 | 6,084 | 9,229 | 10,551
Equity in income (loss) of unconsolidated entities | 0 | 0 | 0 | 0
Other income, net | 0 | 0 | 0 | 0
Income (loss) before income taxes | 4,345 | 6,084 | 9,229 | 10,551
Operating Segments | West |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 474,474 | 677,649 | 876,223 | 1,231,239
Other operations expense | (793) | (765) | (1,587) | (1,530)
Sales and marketing | (24,560) | (30,579) | (47,329) | (57,818)
General and administrative | (18,647) | (20,928) | (36,973) | (39,027)
Financial services expense | 0 | 0 | 0 | 0
Income from operations | 54,916 | 104,053 | 108,597 | 181,212
Equity in income (loss) of unconsolidated entities | 65 | (9) | 67 | (18)
Other income, net | 148 | 159 | 238 | 712
Income (loss) before income taxes | 55,129 | 104,203 | 108,902 | 181,906
Operating Segments | Central |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 262,601 | 301,594 | 474,533 | 575,818
Other operations expense | 0 | 0 | 0 | 0
Sales and marketing | (17,227) | (17,987) | (30,564) | (34,383)
General and administrative | (9,285) | (9,659) | (18,086) | (16,716)
Financial services expense | 0 | 0 | 0 | 0
Income from operations | 27,112 | 50,118 | 55,681 | 95,673
Equity in income (loss) of unconsolidated entities | 406 | 164 | 899 | 169
Other income, net | 146 | 5 | 450 | 139
Income (loss) before income taxes | 27,664 | 50,287 | 57,030 | 95,981
Operating Segments | East |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 146,935 | 158,707 | 256,681 | 257,101
Other operations expense | 0 | 0 | 0 | 0
Sales and marketing | (7,833) | (8,003) | (14,206) | (14,233)
General and administrative | (8,134) | (7,038) | (15,888) | (12,926)
Financial services expense | 0 | 0 | 0 | 0
Income from operations | 17,432 | 21,609 | 31,911 | 32,366
Equity in income (loss) of unconsolidated entities | 0 | (56) | 0 | 5
Other income, net | 0 | 51 | 4 | 54
Income (loss) before income taxes | 17,432 | 21,604 | 31,915 | 32,425
Operating Segments | Home sales revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 879,832 | 1,133,008 | 1,600,618 | 2,051,361
Cost of home, land and lot sales | (694,818) | (863,370) | (1,241,621) | (1,568,676)
Operating Segments | Home sales revenue | Financial Services |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Cost of home, land and lot sales | 0 | 0 | 0 | 0
Operating Segments | Home sales revenue | West |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (372,305) | (519,000) | (677,931) | (944,732)
Operating Segments | Home sales revenue | West | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 470,305 | 674,391 | 870,827 | 1,221,812
Operating Segments | Home sales revenue | Central |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (208,977) | (222,313) | (369,014) | (426,368)
Operating Segments | Home sales revenue | Central | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 262,593 | 299,910 | 473,115 | 572,449
Operating Segments | Home sales revenue | East |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (113,536) | (122,057) | (194,676) | (197,576)
Operating Segments | Home sales revenue | East | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 146,934 | 158,707 | 256,676 | 257,100
Operating Segments | Land and lot sales revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 3,364 | 4,160 | 5,185 | 11,228
Cost of home, land and lot sales | (3,253) | (3,841) | (4,994) | (9,598)
Operating Segments | Land and lot sales revenue | Financial Services |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Cost of home, land and lot sales | 0 | 0 | 0 | 0
Operating Segments | Land and lot sales revenue | West |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | (3,253) | (2,324) | (3,806) | (6,920)
Operating Segments | Land and lot sales revenue | West | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 3,364 | 2,480 | 3,785 | 7,869
Operating Segments | Land and lot sales revenue | Central |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | 0 | (1,517) | (1,188) | (2,678)
Operating Segments | Land and lot sales revenue | Central | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 1,680 | 1,400 | 3,359
Operating Segments | Land and lot sales revenue | East |  |  |  |
Segment Reporting Information |  |  |  |
Cost of home, land and lot sales | 0 | 0 | 0 | 0
Operating Segments | Land and lot sales revenue | East | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Operating Segments | Other operations revenue | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 814 | 782 | 1,634 | 1,569
Operating Segments | Other operations revenue | Financial Services |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Operating Segments | Other operations revenue | West | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 805 | 778 | 1,611 | 1,558
Operating Segments | Other operations revenue | Central | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 8 | 4 | 18 | 10
Operating Segments | Other operations revenue | East | Homebuilding Operations |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 1 | 0 | 5 | 1
Corporate |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Other operations expense | 0 | 0 | 0 | 0
Sales and marketing | (551) | (235) | (1,014) | (594)
General and administrative | (24,737) | (30,122) | (47,531) | (50,406)
Financial services expense | 0 | 0 | 0 | 0
Income from operations | (27,100) | (32,668) | (51,827) | (55,309)
Equity in income (loss) of unconsolidated entities | 0 | 0 | 0 | 0
Other income, net | 6,880 | 9,719 | 15,611 | 24,255
Income (loss) before income taxes | (20,220) | (22,949) | (36,216) | (31,054)
Corporate | Home sales revenue |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Cost of home, land and lot sales | (1,812) | (2,311) | (3,282) | (4,309)
Corporate | Land and lot sales revenue |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | 0 | 0 | 0 | 0
Cost of home, land and lot sales | 0 | 0 | 0 | 0
Corporate | Other operations revenue |  |  |  |
Segment Reporting Information |  |  |  |
Total revenues | $ 0 | $ 0 | $ 0 | $ 0

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