Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following tables present revenue and pretax income / (loss) relating to our homebuilding and financial services operations:

	Year Ended December 31,
	2023		2022		2021
	(Dollars in thousands)
Homebuilding
West	$	2,624,373	$	3,024,056	$	2,964,766
Mountain	1,267,586		1,689,376		1,567,198
East	628,337		872,832		570,492
Total homebuilding revenues	$	4,520,296	$	5,586,264	$	5,102,456
Financial Services
Mortgage operations	$	76,479	$	72,806	$	107,535
Other	46,091		58,917		44,677
Total financial services revenues	$	122,570	$	131,723	$	152,212
Total revenues	$	4,642,866	$	5,717,987	$	5,254,668

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

	Year Ended December 31,
	2023		2022		2021
	(Dollars in thousands)
Homebuilding
West	$	219,560	$	413,426	$	463,302
Mountain	143,838		245,456		231,523
East	64,222		126,824		59,494
Corporate	22,512		(94,239)		(94,631)
Total homebuilding pretax income	$	450,132	$	691,467	$	659,688
Financial Services
Mortgage operations	$	40,756	$	30,177	$	69,455
Other	35,217		38,210		22,551
Total financial services pretax income	$	75,973	$	68,387	$	92,006
Total pretax income	$	526,105	$	759,854	$	751,694

Reconciliation of Assets from Segment to Consolidated

The assets in our financial services operations consist mostly of cash and cash equivalents, marketable securities and mortgage loans held-for-sale.

	December 31,
	2023		2022
	(Dollars in thousands)
Homebuilding Assets
West	$	2,155,357	$	2,275,144
Mountain	874,031		1,005,622
East	459,078		427,926
Corporate	1,608,726		1,249,370
Total homebuilding assets	$	5,097,192	$	4,958,062
Financial Services
Mortgage operations	$	295,092	$	267,309
Other	238,801		137,901
Total financial services assets	$	533,893	$	405,210
Total assets	$	5,631,085	$	5,363,272