10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-034712`
Period End Date	20230630
Filing Date	20230726
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	tmhc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 72 Cash Flow Statement 88 Stockholders Equity 41

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$724.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.23B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$765.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.15M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$726.63M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.29M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.23B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.35B	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$892.00K	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$23.97M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.23B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.37B	USD	Point-in-time
Land deposits	`DepositsAssets`	$263.36M	USD	Point-in-time
Land deposits	`DepositsAssets`	$207.95M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$287.00M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$346.36M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$90.45M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$80.58M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$261.07M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$265.39M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$189.46M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$191.50M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$282.90M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$306.26M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$67.66M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$67.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$223.85M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$202.40M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Total assets	`Assets`	$8.75B	USD	Point-in-time
Total assets	`Assets`	$8.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$269.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$281.58M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$462.03M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$490.25M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$100.17M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$89.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$3.01M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	-	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$412.09M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$380.72M	USD	Point-in-time
Estimated development liabilities	`EstimatedDevelopmentLiability`	$42.35M	USD	Point-in-time
Estimated development liabilities	`EstimatedDevelopmentLiability`	$43.75M	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$1.82B	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$1.82B	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$361.49M	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$326.22M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$249.90M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$306.07M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$23.97M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$892.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.82B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.65B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.47B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.75B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.70B	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.00B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.06B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.72B	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$1.56B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$2.82B	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$2.76B	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$1.45B	USD	1 Quarter
Gross margin	`GrossProfit`	$899.25M	USD	2 Qtrs
Gross margin	`GrossProfit`	$541.48M	USD	1 Quarter
Gross margin	`GrossProfit`	$934.61M	USD	2 Qtrs
Gross margin	`GrossProfit`	$499.69M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$96.14M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$113.03M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$205.79M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$185.26M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$70.65M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$136.91M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$137.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$69.41M	USD	1 Quarter
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-3.64M	USD	1 Quarter
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$3.19M	USD	1 Quarter
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-1.81M	USD	2 Qtrs
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$5.12M	USD	2 Qtrs
Interest (income)/expense, net	`InterestIncomeExpenseNet`	$6.23M	USD	2 Qtrs
Interest (income)/expense, net	`InterestIncomeExpenseNet`	$-5.19M	USD	1 Quarter
Interest (income)/expense, net	`InterestIncomeExpenseNet`	$5.12M	USD	1 Quarter
Interest (income)/expense, net	`InterestIncomeExpenseNet`	$-9.44M	USD	2 Qtrs
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$10.47M	USD	2 Qtrs
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$11.01M	USD	1 Quarter
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$-3.71M	USD	2 Qtrs
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$-8.55M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	2 Qtrs
Income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$391.60M	USD	1 Quarter
Income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$315.76M	USD	1 Quarter
Income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$564.18M	USD	2 Qtrs
Income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$624.50M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$138.04M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$152.88M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$80.85M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$98.44M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$426.13M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$293.15M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$234.91M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$471.62M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$2.17M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$3.92M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$480.00K	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$303.00K	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$425.65M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$290.99M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$467.69M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$234.60M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.91	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.15	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.91	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.47	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.12	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.85	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.87	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	119.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	108.82M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.86M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.47M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$426.13M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$293.15M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$234.91M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$471.62M	USD	2 Qtrs
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-3.64M	USD	1 Quarter
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$3.19M	USD	1 Quarter
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-1.81M	USD	2 Qtrs
Net (income)/loss from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$5.12M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$12.14M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$12.80M	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	2 Qtrs
Gain on land transfers	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Gain on land transfers	`GainLossOnSaleOfInvestments`	$13.70M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$5.53M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$4.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.76M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$13.51M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$13.63M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfDebtDiscountPremium`	$1.74M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfDebtDiscountPremium`	$544.00K	USD	2 Qtrs
Change in Urban Form assets due to sale	`GainLossOnSaleOfOtherAssets`	$-11.68M	USD	2 Qtrs
Change in Urban Form assets due to sale	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$-169.46M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$667.85M	USD	2 Qtrs
Mortgages loans held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-46.62M	USD	2 Qtrs
Mortgages loans held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-305.46M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$94.24M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-31.37M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-44.48M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-49.70M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.85M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$607.11M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.05M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.80M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$86.58M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$350.00K	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$24.13M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$69.58M	USD	2 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.83M	USD	2 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.19M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$2.43M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$29.88M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$45.23M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$15.35M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	$182.55M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	-	USD	2 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$64.08M	USD	2 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$1.50B	USD	2 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$1.19B	USD	2 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$1.43B	USD	2 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$1.56B	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	$264.11M	USD	2 Qtrs
Proceeds from stock option exercises and issuance of restricted stock units, net	`ProceedsFromStockOptionExercisesAndIssuanceOfRestrictedStockUnitsNet`	$13.08M	USD	2 Qtrs
Proceeds from stock option exercises and issuance of restricted stock units, net	`ProceedsFromStockOptionExercisesAndIssuanceOfRestrictedStockUnitsNet`	$-733.00K	USD	2 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.33M	USD	2 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.31M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$230.41M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$3.57M	USD	2 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`PaymentsToMinorityShareholders`	$28.93M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.89M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-656.73M	USD	2 Qtrs
Net Increase/Decrease in Cash and Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$501.39M	USD	2 Qtrs
Net Increase/Decrease in Cash and Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-457.05M	USD	2 Qtrs
Cash, Cash Equivalents, and Restricted Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$726.63M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.29M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$726.63M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.29M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Income tax payments	`IncomeTaxesPaidNet`	$112.17M	USD	2 Qtrs
Income tax payments	`IncomeTaxesPaidNet`	$78.88M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$-84.44M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$-159.64M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$15.50M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-23.08M	USD	2 Qtrs
Investments of land in unconsolidated joint ventures, net	`TransferToInvestments`	$143.21M	USD	2 Qtrs
Investments of land in unconsolidated joint ventures, net	`TransferToInvestments`	-	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.90M	USD	2 Qtrs
stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$600.00K	USD	1 Quarter
stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.40M	USD	2 Qtrs
stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.90M	USD	1 Quarter
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.65B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.10B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	USD	Point-in-time
Net income	`ProfitLoss`	$426.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$293.15M	USD	1 Quarter
Net income	`ProfitLoss`	$234.91M	USD	1 Quarter
Net income	`ProfitLoss`	$471.62M	USD	2 Qtrs
Exercise of stock options and issuance of restricted stock units, net	`StockIssuedValueExerciseOfStockOptionsAndIssuanceOfRestrictedStockUnitsNet`	$13.08M	USD	2 Qtrs
Exercise of stock options and issuance of restricted stock units, net	`StockIssuedValueExerciseOfStockOptionsAndIssuanceOfRestrictedStockUnitsNet`	$532.00K	USD	1 Quarter
Exercise of stock options and issuance of restricted stock units, net	`StockIssuedValueExerciseOfStockOptionsAndIssuanceOfRestrictedStockUnitsNet`	$8.59M	USD	1 Quarter
Exercise of stock options and issuance of restricted stock units, net	`StockIssuedValueExerciseOfStockOptionsAndIssuanceOfRestrictedStockUnitsNet`	$-733.00K	USD	2 Qtrs
Repurchase of common stock (shares)	`TreasuryStockSharesAcquired`	8.73M	shares	2 Qtrs
Repurchase of common stock (shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Repurchase of common stock (shares)	`TreasuryStockSharesAcquired`	109,325.00	shares	2 Qtrs
Repurchase of common stock (shares)	`TreasuryStockSharesAcquired`	6.78M	shares	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$172.38M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$230.41M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$3.57M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$12.14M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$5.28M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$12.80M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$5.27M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$28.93M	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$27.18M	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$1.00K	USD	2 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-307.00K	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-769.00K	USD	2 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.65B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.10B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.