XML 28 R77.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 16 - Supplemental Guarantor Information (Details) - Condensed Consolidating Statements of Operations (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Homebuilding:      
Revenues $ 2,411,178us-gaap_RealEstateRevenueNet $ 1,914,609us-gaap_RealEstateRevenueNet $ 1,236,958us-gaap_RealEstateRevenueNet
Cost of sales (1,792,795)us-gaap_CostOfRealEstateRevenue (1,445,413)us-gaap_CostOfRealEstateRevenue (993,284)us-gaap_CostOfRealEstateRevenue
Gross margin 618,383us-gaap_GrossProfit [1] 469,196us-gaap_GrossProfit [1] 243,674us-gaap_GrossProfit
Selling, general and administrative expenses (275,861)us-gaap_SellingGeneralAndAdministrativeExpense (230,691)us-gaap_SellingGeneralAndAdministrativeExpense (172,207)us-gaap_SellingGeneralAndAdministrativeExpense
Income (loss) from unconsolidated joint ventures (668)us-gaap_IncomeLossFromEquityMethodInvestments 949us-gaap_IncomeLossFromEquityMethodInvestments (2,090)us-gaap_IncomeLossFromEquityMethodInvestments
Interest expense     (6,396)us-gaap_InterestExpense
Other income (expense) (1,733)us-gaap_OtherNonoperatingIncomeExpense 6,815us-gaap_OtherNonoperatingIncomeExpense 4,664us-gaap_OtherNonoperatingIncomeExpense
Homebuilding pretax income (loss) 340,121spf_HomebuildingPretaxIncomeOrLoss 246,269spf_HomebuildingPretaxIncomeOrLoss 67,645spf_HomebuildingPretaxIncomeOrLoss
Financial Services:      
Financial services pretax income (loss) 9,843spf_FinancialServicesPretaxIncomeOrLoss 11,429spf_FinancialServicesPretaxIncomeOrLoss 10,542spf_FinancialServicesPretaxIncomeOrLoss
Income (loss) before income taxes 349,964us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 257,698us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 78,187us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
(Provision) benefit for income taxes (134,099)us-gaap_IncomeTaxExpenseBenefit (68,983)us-gaap_IncomeTaxExpenseBenefit 453,234us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 215,865us-gaap_NetIncomeLoss [1] 188,715us-gaap_NetIncomeLoss [1] 531,421us-gaap_NetIncomeLoss
Consolidation, Eliminations [Member]      
Homebuilding:      
Equity income (loss) of subsidiaries (155,943)spf_EquityInNetIncomeLossOfSubsidiaries
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(81,140)spf_EquityInNetIncomeLossOfSubsidiaries
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(13,314)spf_EquityInNetIncomeLossOfSubsidiaries
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Homebuilding pretax income (loss) (155,943)spf_HomebuildingPretaxIncomeOrLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(81,140)spf_HomebuildingPretaxIncomeOrLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(13,314)spf_HomebuildingPretaxIncomeOrLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Financial Services:      
Income (loss) before income taxes (155,943)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(81,140)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(13,314)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Net income (loss) (155,943)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(81,140)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
(13,314)us-gaap_NetIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ConsolidationEliminationsMember
Parent Company [Member]      
Homebuilding:      
Revenues 813,423us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
819,044us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
518,040us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cost of sales (599,911)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(609,858)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(408,569)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Gross margin 213,512us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
209,186us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
109,471us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Selling, general and administrative expenses (101,020)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(94,819)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(78,335)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income (loss) from unconsolidated joint ventures (71)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1,369us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(166)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Equity income (loss) of subsidiaries 155,943spf_EquityInNetIncomeLossOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
81,140spf_EquityInNetIncomeLossOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
13,314spf_EquityInNetIncomeLossOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Interest expense 13,718us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
16,419us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
17,319us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other income (expense) (3,954)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
7,515us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4,695us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Homebuilding pretax income (loss) 278,128spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
220,810spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
66,298spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Financial Services:      
Income (loss) before income taxes 278,128us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
220,810us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
66,298us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(Provision) benefit for income taxes (62,263)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(32,095)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
465,123us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income (loss) 215,865us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
188,715us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
531,421us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Guarantor Subsidiaries [Member]      
Homebuilding:      
Revenues 1,025,404us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
826,245us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
580,419us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Cost of sales (779,578)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(632,733)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(463,566)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Gross margin 245,826us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
193,512us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
116,853us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Selling, general and administrative expenses (131,068)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(111,746)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(81,490)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Income (loss) from unconsolidated joint ventures 88us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(137)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(659)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Interest expense (11,497)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(11,651)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(17,052)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Other income (expense) (469)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(321)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
194us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Homebuilding pretax income (loss) 102,880spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
69,657spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
17,846spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Financial Services:      
Income (loss) before income taxes 102,880us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
69,657us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
17,846us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(Provision) benefit for income taxes (40,469)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(23,676)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(6,668)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Net income (loss) 62,411us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
45,981us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
11,178us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Non-Guarantor Subsidiaries [Member]      
Homebuilding:      
Revenues 572,351us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
269,320us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
138,499us-gaap_RealEstateRevenueNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Cost of sales (413,306)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(202,822)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(121,149)us-gaap_CostOfRealEstateRevenue
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Gross margin 159,045us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
66,498us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
17,350us-gaap_GrossProfit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Selling, general and administrative expenses (43,773)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(24,126)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(12,382)us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Income (loss) from unconsolidated joint ventures (685)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(283)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(1,265)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Interest expense (2,221)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(4,768)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(6,663)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Other income (expense) 2,690us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(379)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(225)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Homebuilding pretax income (loss) 115,056spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
36,942spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(3,185)spf_HomebuildingPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Financial Services:      
Financial services pretax income (loss) 9,843spf_FinancialServicesPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
11,429spf_FinancialServicesPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
10,542spf_FinancialServicesPretaxIncomeOrLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Income (loss) before income taxes 124,899us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
48,371us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
7,357us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(Provision) benefit for income taxes (31,367)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(13,212)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(5,221)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net income (loss) $ 93,532us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
$ 35,159us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
$ 2,136us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
[1] Per share amounts do not add across due to rounding differences in quarterly amounts and due to the impact of differences between the quarterly and annual weighted average share calculations.