Segment Information (Tables)

6 Months Ended

Jun. 30, 2014



	Operating Data by Segment ($000’s omitted)
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
Revenues:
Northeast	$	153,920		$	163,687		$	294,936		$	296,443
Southeast	232,217			197,848			414,765			367,774
Florida	205,368			183,393			395,660			335,276
Texas	204,297			214,032			379,138			404,075
North	282,581			256,500			523,592			482,306
Southwest	176,606			224,600			340,897			480,069
	1,254,989			1,240,060			2,348,988			2,365,943
Financial Services	31,198			39,362			56,093			76,235
Consolidated revenues	$	1,286,187		$	1,279,422		$	2,405,081		$	2,442,178

Income (loss) before income taxes:
Northeast	$	19,809		$	16,582		$	37,304		$	28,654
Southeast	38,265			22,796			63,744			41,124
Florida	42,254			25,597			76,610			45,877
Texas	31,240			25,694			54,222			46,904
North	37,360			26,077			68,100			46,629
Southwest	23,824			36,609			52,386			70,400
Other homebuilding (a)	(134,179		)	(131,384		)	(185,359		)	(189,580		)
	58,573			21,971			167,007			90,008
Financial Services	9,108			16,359			30,702			30,672
Consolidated income before income taxes	$	67,681		$	38,330		$	197,709		$	120,680

(a)

Other homebuilding includes the amortization of intangible assets, amortization of capitalized interest, and other items not allocated to the operating segments. Other homebuilding also included: losses on debt retirements totaling $8.6 million for the six months ended June 30, 2014 and $23.1 million for the three and six months ended June 30, 2013; a charge totaling $84.5 million to increase insurance reserves for the three and six months ended June 30, 2014; costs associated with the relocation of our corporate headquarters totaling $3.7 million and $5.7 million for the three and six months ended June 30, 2014, respectively, and $13.5 million for the three and six months ended June 30, 2013; and a charge resulting from a contractual dispute related to a previously completed luxury community totaling $30.0 million for the three and six months ended June 30, 2013.

Total Assets And Inventory By Reporting Segment



	Operating Data by Segment
	($000's omitted)
	June 30, 2014
	Homes Under Construction		Land Under Development		Raw Land		Total Inventory		Total Assets
Northeast	$	242,518	$	275,030	$	106,213	$	623,761	$	730,876
Southeast	176,243		292,703		116,036		584,982		615,500
Florida	163,282		298,765		106,465		568,512		669,725
Texas	152,508		241,428		66,769		460,705		511,751
North	347,951		295,624		121,830		765,405		847,010
Southwest	189,316		526,285		210,447		926,048		997,959
Other homebuilding (a)	36,906		184,050		46,752		267,708		3,790,881
	1,308,724		2,113,885		774,512		4,197,121		8,163,702
Financial Services	—		—		—		—		303,634
	$	1,308,724	$	2,113,885	$	774,512	$	4,197,121	$	8,467,336

	December 31, 2013
	Homes Under Construction		Land Under Development		Raw Land		Total Inventory		Total Assets
Northeast	$	212,611	$	325,241	$	106,681	$	644,533	$	731,259
Southeast	139,484		274,981		146,617		561,082		599,271
Florida	140,366		295,631		104,766		540,763		618,449
Texas	130,398		223,979		57,480		411,857		466,198
North	227,537		350,239		78,945		656,721		716,239
Southwest	159,350		512,164		201,659		873,173		940,462
Other homebuilding (a)	32,401		207,152		50,879		290,432		4,334,591
	1,042,147		2,189,387		747,027		3,978,561		8,406,469
Financial Services	—		—		—		—		327,674
	$	1,042,147	$	2,189,387	$	747,027	$	3,978,561	$	8,734,143


(a)	Other homebuilding primarily includes cash and equivalents, capitalized interest, intangibles, deferred tax assets, and other corporate items that are not allocated to the operating segments.