XML 53 R42.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Disclosures - Income before Taxes (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes $ 417,465 $ 209,831 $ 729,471 $ 371,206
Contract land deposit reserve adjustment 7,200   13,400  
Equity-based compensation expense     (27,850) (21,926)
Corporate interest expense (13,270) (9,525) (26,667) (16,011)
Home Building Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 378,263 194,805 631,682 344,724
Corporate interest expense (12,850) (9,166) (25,856) (15,380)
Mortgage Banking        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 39,202 15,026 97,789 26,482
Corporate interest expense (420) (359) (811) (631)
Operating Segments        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 375,169 190,484 684,631 372,495
Operating Segments | Home Building Segment | Mid Atlantic        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 174,481 98,067 303,548 179,740
Operating Segments | Home Building Segment | North East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 21,510 6,658 36,737 16,809
Operating Segments | Home Building Segment | Mid East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 59,887 27,302 108,828 58,466
Operating Segments | Home Building Segment | South East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 78,919 42,765 135,584 89,909
Operating Segments | Mortgage Banking        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 40,372 15,692 99,934 27,571
Corporate and Reconciling Items        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Income before taxes 42,296 19,347 44,840 (1,289)
Contract land deposit reserve adjustment 7,178 (460) 13,374 (36,075)
Equity-based compensation expense (13,379) (14,434) (27,850) (21,926)
Corporate capital allocation 63,032 59,870 124,583 116,521
Unallocated corporate overhead (33,668) (23,288) (73,804) (60,927)
Consolidation adjustments and other (3) 31,944 6,803 34,330 16,456
Corporate interest expense (12,811) (9,144) (25,793) (15,338)
Corporate and Reconciling Items | Home Building Segment | Mid Atlantic        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Corporate capital allocation 31,135 31,581 61,731 61,336
Corporate and Reconciling Items | Home Building Segment | North East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Corporate capital allocation 6,457 5,790 12,495 11,349
Corporate and Reconciling Items | Home Building Segment | Mid East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Corporate capital allocation 11,066 9,687 21,690 19,050
Corporate and Reconciling Items | Home Building Segment | South East        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Corporate capital allocation $ 14,374 $ 12,812 $ 28,667 $ 24,786