Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Schedule of Reconciliation of Revenue from Segments to Consolidated

The following table summarizes revenues for our homebuilding and financial services operations:

	Three Months Ended March 31,
	2023		2022
	(Dollars in thousands)
Homebuilding
West	$	577,933	$	707,311
Mountain	301,155		335,128
East	140,928		198,081
Total homebuilding revenues	$	1,020,016	$	1,240,520
Financial Services
Mortgage operations	$	18,419	$	17,601
Other	11,067		11,530
Total financial services revenues	$	29,486	$	29,131

Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table summarizes pretax income for our homebuilding and financial services operations:

	Three Months Ended March 31,
	2023		2022
	(Dollars in thousands)
Homebuilding
West	$	43,200	$	130,526
Mountain	25,036		50,506
East	15,309		31,394
Corporate	7,454		(23,927)
Total homebuilding pretax income	$	90,999	$	188,499
Financial Services
Mortgage operations	$	9,726	$	7,433
Other	8,244		5,950
Total financial services pretax income	$	17,970	$	13,383
Total pretax income	$	108,969	$	201,882

Schedule of Reconciliation of Assets from Segment to Consolidated

The following table summarizes total assets for our homebuilding and financial services operations. The assets in our West, Mountain and East segments consist primarily of inventory while the assets in our Corporate segment primarily include our cash and cash equivalents, marketable securities and deferred tax assets. The assets in our financial services segment consist mostly of cash and cash equivalents, marketable securities and mortgage loans held-for-sale.

	March 31, 2023		December 31, 2022
	(Dollars in thousands)
Homebuilding assets
West	$	2,098,329	$	2,275,144
Mountain	898,227		1,005,622
East	407,046		427,926
Corporate	1,574,847		1,249,370
Total homebuilding assets	$	4,978,449	$	4,958,062
Financial services assets
Mortgage operations	$	198,938	$	267,309
Other	138,434		137,901
Total financial services assets	$	337,372	$	405,210
Total assets	$	5,315,821	$	5,363,272