XML 60 R48.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Revenues:          
Total revenues $ 549,147 $ 560,631 $ 1,046,768 $ 1,007,969  
Gross profit:          
Gross Profit 167,514 189,666 323,299 337,923  
Sales Commissions and Fees 25,116 24,506 47,365 44,814  
Compensation Expense, Excluding Cost of Good and Service Sold 19,417 18,907 38,299 37,136  
Interest Expense, Operating 0 0 0 0  
Other Expenses 15,239 14,189 29,003 26,222  
Selling, general and administrative expenses 59,772 57,602 114,667 108,172  
Total inventory          
Total inventory 1,976,911   1,976,911   $ 1,937,732
Goodwill          
Goodwill 680   680   680
Total inventory 1,976,911   1,976,911   1,937,732
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 112,288 139,177 218,436 254,810  
US Central Region          
Revenues:          
Total revenues 421,588 389,168 783,215 704,515  
Gross profit:          
Gross Profit 135,700 142,534 252,844 252,200  
Sales Commissions and Fees 20,319 18,770 37,894 34,512  
Compensation Expense, Excluding Cost of Good and Service Sold 11,466 10,996 23,243 22,018  
Interest Expense, Operating (153) 70 (225) 60  
Other Expenses 9,660 8,970 19,115 17,060  
Selling, general and administrative expenses 41,445 38,736 80,252 73,590  
Goodwill          
Total inventory 688,738   688,738   743,490
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 92,904 104,803 171,905 180,324  
US Southeast Region          
Revenues:          
Total revenues 125,521 157,970 259,211 286,017  
Gross profit:          
Gross Profit 41,961 57,431 90,422 105,522  
Sales Commissions and Fees 4,534 5,736 8,968 10,302  
Compensation Expense, Excluding Cost of Good and Service Sold 6,547 6,840 12,705 12,935  
Interest Expense, Operating 6,309 10,527 11,149 20,329  
Other Expenses 4,198 3,800 8,216 7,489  
Selling, general and administrative expenses 15,279 16,376 29,889 30,726  
Goodwill          
Total inventory 317,406   317,406   318,592
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 27,795 41,417 62,273 76,211  
Corporate and Other [Member]          
Gross profit:          
Gross Profit (11,228) (11,074) (22,166) (20,879)  
Sales Commissions and Fees 263 0 503 0  
Compensation Expense, Excluding Cost of Good and Service Sold 1,404 1,071 2,351 2,183  
Interest Expense, Operating 0 0 0 0  
Other Expenses 1,143 1,341 1,287 1,531  
Selling, general and administrative expenses 2,810 2,412 4,141 3,714  
Goodwill          
Goodwill 680   680   680
Total inventory 54,876   54,876   48,963
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (9,100) (8,585) (17,651) (3,740)  
Land Subdivider and Developers          
Revenues:          
Total revenues 2,038 13,493 4,342 17,437  
Gross profit:          
Gross Profit 1,081 775 2,199 1,080  
Sales Commissions and Fees 0 0 0 0  
Compensation Expense, Excluding Cost of Good and Service Sold 0 0 0 0  
Interest Expense, Operating (6,156) (10,597) (10,924) (20,389)  
Other Expenses 238 78 385 142  
Selling, general and administrative expenses 238 78 385 142  
Goodwill          
Total inventory 915,891   915,891   826,687
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 689 1,542 1,909 2,015  
Homebuilders [Member]          
Revenues:          
Total revenues 547,109 547,138 1,042,426 990,532  
Gross profit:          
Gross Profit 177,661 199,965 343,266 357,722  
Sales Commissions and Fees 24,853 24,506 46,862 44,814  
Compensation Expense, Excluding Cost of Good and Service Sold 18,013 17,836 35,948 34,953  
Interest Expense, Operating 6,156 10,597 10,924 20,389  
Other Expenses 13,858 12,770 27,331 24,549  
Selling, general and administrative expenses 56,724 55,112 110,141 104,316  
Goodwill          
Total inventory 1,006,144   1,006,144   $ 1,062,082
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 120,699 146,220 234,178 256,535  
Real Estate, Other [Member]          
Revenues:          
Total revenues 2,038 13,493 4,342 17,547  
Residential Real Estate [Member]          
Revenues:          
Total revenues 547,109 547,138 1,042,426 990,422  
Residential Real Estate [Member] | Land Subdivider and Developers          
Revenues:          
Total revenues 0 0 0 0  
Land and Lots [Member] | Homebuilders [Member]          
Revenues:          
Total revenues $ 0 $ 0 $ 0 $ 0