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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2012
Reconciliation Of Revenue And Operating Profit (Loss) From Segments To Consolidated

Intercompany adjustments noted in the table below relate to mortgage-related costs that were paid by the homebuilding segments to HomeAmerican as a part of home purchase incentives provided to certain homebuyers.

 

     Three Months
Ended June 30,
    Six Months
Ended June 30,
 
     2012     2011     2012     2011  
     (Dollars in thousands)  

Home and land sale revenues:

        

West

   $ 117,424      $ 68,844      $ 186,965      $ 110,453   

Mountain

     79,699        78,158        140,290        147,934   

East

     51,948        50,839        96,897        93,277   

Other

     9,276        10,887        20,463        20,651   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total home and land sale revenues

   $ 258,347      $ 208,728      $ 444,615      $ 372,315   
  

 

 

   

 

 

   

 

 

   

 

 

 

Homebuilding pretax income (loss):

        

West

   $ 2,677      $ (11,837   $ 2,844      $ (16,397

Mountain

     4,640        (1,204     6,795        (2,436

East

     480        (2,345     2,300        (4,301

Other

     (346     (916     (64     (1,692

Corporate

     (4,474     (16,590     (11,635     (33,550
  

 

 

   

 

 

   

 

 

   

 

 

 

Total homebuilding pretax income (loss)

   $ 2,977      $ (32,892   $ 240      $ (58,376
  

 

 

   

 

 

   

 

 

   

 

 

 
Total Assets

The following table summarizes total assets for the Company’s homebuilding operations. The assets in the Company’s Corporate segment primarily include cash, cash equivalents, marketable securities and property and equipment, net.

 

     June 30,
2012
     December 31,
2011
 
     (Dollars in thousands)  

Homebuilding assets:

     

West

   $ 363,759       $ 346,442   

Mountain

     299,793         262,787   

East

     234,495         223,606   

Other

     30,545         31,468   

Corporate

     797,554         852,561   
  

 

 

    

 

 

 

Total homebuilding assets

   $ 1,726,146       $ 1,716,864