Tri Pointe Homes, Inc(NYSE:TPH) 
Tri Pointe Homes, Inc. engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six brands, including Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmake...
Website: http://www.tripointegroup.com
Founded: 2009
Full Time Employees: 1,386
Sector: Consumer Cyclical
Industry: Residential Construction
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 |
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homebuilding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
home sales revenue | 506,496,000 | 945,898,000 | 817,298,000 | 879,832,000 | 720,786,000 | 1,221,405,000 | 1,113,681,000 | 1,133,008,000 | 918,353,000 | 1,241,258,000 | 825,295,000 | 819,077,000 | 768,405,000 | 1,504,177,000 | 1,057,491,000 | 1,004,644,000 | 725,251,000 | 1,200,222,000 | 1,028,950,000 | 1,009,307,000 | 716,675,000 | 1,045,020,000 | 826,036,000 | 766,942,000 | 594,838,000 | 1,138,265,000 | 746,269,000 | 692,138,000 | 492,703,000 | 1,120,952,000 | 771,768,000 | 768,795,000 | 582,572,000 | 1,122,841,000 | 648,638,000 | 568,816,000 | 392,004,000 | 770,703,000 | 578,653,000 | 556,925,000 | 423,055,000 | |||||||||||||
land and lot sales revenue | 575,000 | 7,891,000 | 18,768,000 | 3,364,000 | 1,821,000 | 9,284,000 | 12,552,000 | 4,160,000 | 7,068,000 | 1,691,000 | 1,714,000 | 7,086,000 | 1,706,000 | 771,000 | 2,626,000 | 114,000 | 1,597,000 | 5,496,000 | 581,000 | 5,416,000 | 1,523,000 | 12,470,000 | 3,242,000 | 220,000 | 357,000 | 607,000 | 5,183,000 | 1,029,000 | 4,792,000 | 2,225,000 | 1,518,000 | 223,000 | 4,608,000 | 68,218,000 | 865,000 | 578,000 | 2,068,000 | 2,535,000 | 67,314,000 | 355,000 | ||||||||||||||
other operations revenue | 825,000 | 805,000 | 805,000 | 814,000 | 820,000 | 803,000 | 790,000 | 782,000 | 787,000 | 752,000 | 749,000 | 796,000 | 674,000 | 674,000 | 674,000 | 703,000 | 644,000 | 650,000 | 646,000 | 660,000 | 663,000 | 642,000 | 634,000 | 648,000 | 618,000 | 617,000 | 618,000 | 637,000 | 598,000 | 6,369,000 | 598,000 | 599,000 | 598,000 | 581,000 | 584,000 | 600,000 | 568,000 | 524,000 | 606,000 | 604,000 | ||||||||||||||
total revenues | 507,896,000 | 954,594,000 | 836,871,000 | 884,010,000 | 723,427,000 | 1,231,492,000 | 1,127,023,000 | 1,137,950,000 | 926,208,000 | 1,243,701,000 | 827,758,000 | 826,959,000 | 770,785,000 | 1,505,622,000 | 1,060,791,000 | 1,005,461,000 | 727,492,000 | 1,206,368,000 | 1,030,177,000 | 1,015,383,000 | 718,861,000 | 1,058,132,000 | 829,912,000 | 767,810,000 | 595,456,000 | 1,139,239,000 | 747,494,000 | 697,958,000 | 494,330,000 | 1,132,113,000 | 774,591,000 | 770,912,000 | 583,393,000 | 1,128,030,000 | 717,440,000 | 570,281,000 | 393,150,000 | 773,295,000 | 581,794,000 | 624,843,000 | 423,990,000 | 879,233,000 | 648,141,000 | 377,258,000 | 635,001,000 | 477,920,000 | 87,336,000 | 72,812,000 | 120,441,000 | 58,539,000 | 51,087,000 | 27,888,000 | ||
yoy | -29.79% | -22.48% | -25.74% | -22.32% | -21.89% | -0.98% | 36.15% | 37.61% | 20.16% | -17.40% | -21.97% | -17.75% | 5.95% | 24.81% | 2.97% | -0.98% | 1.20% | 14.01% | 24.13% | 32.24% | 20.72% | -7.12% | 11.03% | 10.01% | 20.46% | 0.63% | -3.50% | -9.46% | -15.27% | 0.36% | 7.97% | 35.18% | 48.39% | 45.87% | 23.32% | -8.73% | -7.27% | -12.05% | -10.24% | 12.39% | 38.46% | 35.62% | 418.13% | 427.23% | 716.41% | 70.96% | 161.09% | |||||||
qoq | -46.79% | 14.07% | -5.33% | 22.20% | -41.26% | 9.27% | -0.96% | 22.86% | -25.53% | 50.25% | 0.10% | 7.29% | -48.81% | 41.93% | 5.50% | 38.21% | -39.70% | 17.10% | 1.46% | 41.25% | -32.06% | 27.50% | 8.09% | 28.94% | -47.73% | 52.41% | 7.10% | 41.19% | -56.34% | 46.16% | 0.48% | 32.14% | -48.28% | 57.23% | 25.80% | 45.05% | -49.16% | 32.92% | -6.89% | 47.37% | -51.78% | 35.65% | -40.59% | 32.87% | 447.22% | 19.95% | -39.55% | 105.74% | 14.59% | 83.19% | ||||
cost of home sales | 411,066,000 | 763,253,000 | 649,195,000 | 696,630,000 | 548,273,000 | 936,397,000 | 854,499,000 | 865,681,000 | 707,304,000 | 957,322,000 | 641,074,000 | 651,999,000 | 588,118,000 | 1,127,421,000 | 771,148,000 | 731,352,000 | 530,660,000 | 907,642,000 | 758,024,000 | 761,215,000 | 545,356,000 | 803,018,000 | 643,456,000 | 601,434,000 | 472,882,000 | 888,861,000 | 577,627,000 | 574,684,000 | 421,536,000 | 875,248,000 | 607,053,000 | 604,096,000 | 450,502,000 | 876,668,000 | 521,918,000 | 454,241,000 | 318,404,000 | 615,297,000 | 462,323,000 | 432,738,000 | 324,499,000 | 657,900,000 | 507,543,000 | 341,742,000 | 299,907,000 | 497,093,000 | 385,400,000 | 66,655,000 | 56,432,000 | 91,560,000 | 43,765,000 | 38,318,000 | 19,449,000 | |
cost of land and lot sales | 979,000 | 8,052,000 | 16,844,000 | 3,253,000 | 1,741,000 | 9,007,000 | 11,986,000 | 3,841,000 | 5,757,000 | 1,796,000 | 1,474,000 | 7,370,000 | 1,443,000 | 1,256,000 | 344,000 | 475,000 | 5,667,000 | 891,000 | 4,874,000 | 153,000 | 2,653,000 | 3,214,000 | 374,000 | 202,000 | 159,000 | 495,000 | 5,562,000 | 1,495,000 | 21,272,000 | 2,234,000 | 1,426,000 | 503,000 | 1,556,000 | 12,001,000 | 644,000 | 654,000 | 394,000 | 1,734,000 | 14,460,000 | 779,000 | 17,520,000 | 3,451,000 | 11,564,000 | 2,308,000 | 7,315,000 | 2,317,000 | ||||||||
other operations expense | 813,000 | 793,000 | 794,000 | 793,000 | 794,000 | 766,000 | 765,000 | 765,000 | 765,000 | 723,000 | 724,000 | 782,000 | 665,000 | 665,000 | 670,000 | 704,000 | 646,000 | 439,000 | 801,000 | 686,000 | 624,000 | 624,000 | 624,000 | 624,000 | 624,000 | 608,000 | 609,000 | 627,000 | 590,000 | 1,393,000 | 590,000 | 589,000 | 602,000 | 572,000 | 575,000 | 591,000 | 560,000 | 523,000 | 575,000 | 583,000 | ||||||||||||||
sales and marketing | 37,887,000 | 52,181,000 | 48,490,000 | 50,171,000 | 42,942,000 | 55,746,000 | 53,744,000 | 56,804,000 | 50,224,000 | 56,411,000 | 42,874,000 | 43,241,000 | 41,862,000 | 62,293,000 | 41,950,000 | 38,523,000 | 32,239,000 | 48,390,000 | 44,875,000 | 45,489,000 | 40,460,000 | 50,565,000 | 44,714,000 | 45,194,000 | 42,637,000 | 61,260,000 | 47,834,000 | 47,065,000 | 38,989,000 | 58,386,000 | 44,854,000 | 45,744,000 | 38,283,000 | 44,857,000 | 33,179,000 | 32,330,000 | 26,700,000 | 37,282,000 | 31,852,000 | 32,448,000 | 26,321,000 | 37,259,000 | 30,038,000 | 25,634,000 | 23,286,000 | 30,504,000 | 28,393,000 | 2,886,000 | 2,486,000 | 3,318,000 | 2,047,000 | 1,791,000 | 1,330,000 | |
general and administrative | 52,959,000 | 54,889,000 | 56,703,000 | 60,803,000 | 57,675,000 | 70,229,000 | 66,734,000 | 67,747,000 | 51,328,000 | 59,045,000 | 58,359,000 | 54,224,000 | 46,366,000 | 52,433,000 | 54,786,000 | 56,829,000 | 48,456,000 | 54,061,000 | 53,490,000 | 51,263,000 | 41,349,000 | 52,590,000 | 36,323,000 | 37,554,000 | 39,837,000 | 42,959,000 | 38,751,000 | 36,854,000 | 38,597,000 | 43,624,000 | 38,109,000 | 36,483,000 | 36,814,000 | 36,471,000 | 32,956,000 | 33,688,000 | 34,649,000 | 33,655,000 | 31,150,000 | 30,269,000 | 28,396,000 | 34,235,000 | 26,783,000 | 28,299,000 | 28,179,000 | 25,233,000 | 20,951,000 | 6,875,000 | 5,892,000 | 5,488,000 | 4,148,000 | 4,108,000 | 3,313,000 | |
homebuilding income from operations | 4,192,000 | 75,426,000 | 64,845,000 | 72,360,000 | 72,002,000 | 159,347,000 | 139,295,000 | 143,112,000 | 110,830,000 | 168,404,000 | 83,253,000 | 69,343,000 | 92,331,000 | 262,810,000 | 190,981,000 | 177,709,000 | 115,016,000 | 190,169,000 | 172,096,000 | 151,856,000 | 90,919,000 | 148,624,000 | 101,527,000 | 77,081,000 | 39,274,000 | 145,392,000 | 82,178,000 | 33,166,000 | -6,877,000 | 132,190,000 | 81,751,000 | 82,574,000 | 56,689,000 | 165,853,000 | 116,811,000 | 48,787,000 | 12,183,000 | 84,503,000 | 54,032,000 | 114,130,000 | 43,294,000 | |||||||||||||
equity in income of unconsolidated entities | -88,000 | 251,000 | 1,309,000 | 471,000 | 495,000 | -22,000 | 227,000 | 99,000 | 57,000 | -369,000 | 3,000 | 42,000 | 227,000 | 143,000 | 46,000 | 15,111,000 | -43,000 | 3,949,000 | 2,691,000 | -7,599,000 | 3,273,000 | 2,932,000 | 1,556,000 | -19,000 | 18,000 | -26,000 | 775,000 | -9,000 | 15,000 | 69,000 | -468,000 | -13,079,000 | 1,508,000 | 138,000 | -2,000 | -20,000 | 215,000 | -14,000 | 74,000 | -69,000 | -82,000 | |||||||||||||
transaction expense | -5,877,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 7,236,000 | 6,555,000 | 6,581,000 | 7,174,000 | 9,129,000 | 7,822,000 | 6,658,000 | 9,934,000 | 15,226,000 | 9,085,000 | 11,664,000 | 11,093,000 | 7,604,000 | 1,455,000 | 463,000 | 116,000 | 273,000 | 97,000 | 171,000 | 149,000 | 108,000 | 97,000 | -3,120,000 | -6,328,000 | 373,000 | 138,000 | 325,000 | 153,000 | 6,241,000 | -40,000 | -477,000 | -73,000 | 171,000 | 4,000 | 26,000 | 44,000 | 77,000 | 25,000 | 21,000 | 151,000 | 115,000 | 586,000 | 47,000 | -31,000 | 256,000 | -777,000 | 499,000 | 58,000 | -9,000 | 550,000 | -509,000 | 89,000 | 172,000 | |
homebuilding income before income taxes | 5,463,000 | 82,232,000 | 72,735,000 | 80,005,000 | 81,626,000 | 167,147,000 | 146,180,000 | 153,145,000 | 126,113,000 | 177,120,000 | 94,920,000 | 80,478,000 | 100,162,000 | 264,611,000 | 191,322,000 | 177,968,000 | 115,234,000 | 190,242,000 | 172,224,000 | 151,989,000 | 91,014,000 | 148,816,000 | 98,513,000 | 70,728,000 | 39,633,000 | 145,511,000 | 82,521,000 | 33,293,000 | -661,000 | 132,141,000 | 81,289,000 | 82,570,000 | 56,392,000 | 44,893,500 | 116,837,000 | 50,339,000 | 12,398,000 | 52,981,000 | 54,033,000 | 114,496,000 | ||||||||||||||
financial services: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 13,493,000 | 18,040,000 | 17,858,000 | 18,403,000 | 17,501,000 | 22,379,000 | 17,650,000 | 16,974,000 | 13,194,000 | 15,997,000 | 10,758,000 | 10,370,000 | 8,876,000 | 17,182,000 | 11,005,000 | 12,228,000 | 8,752,000 | 3,644,000 | 3,016,000 | 2,681,000 | 2,105,000 | 2,695,000 | 2,552,000 | 2,296,000 | 1,594,000 | 2,035,000 | 901,000 | 756,000 | 302,000 | 584,000 | 480,000 | 391,000 | 283,000 | 490,000 | 295,000 | 345,000 | 241,000 | 458,000 | 235,000 | 379,000 | 148,000 | |||||||||||||
expenses | 12,065,000 | 14,217,000 | 13,730,000 | 14,058,000 | 12,617,000 | 14,014,000 | 12,283,000 | 10,890,000 | 8,727,000 | 11,959,000 | 6,127,000 | 7,405,000 | 5,831,000 | 7,679,000 | 5,827,000 | 6,322,000 | 5,308,000 | 1,782,000 | 1,618,000 | 1,485,000 | 1,407,000 | 1,417,000 | 1,334,000 | 1,285,000 | 1,079,000 | 1,122,000 | 817,000 | 627,000 | 321,000 | 191,000 | 125,000 | 129,000 | 137,000 | 98,000 | 82,000 | 77,000 | 74,000 | 70,000 | 72,000 | 53,000 | 58,000 | |||||||||||||
financial services income before income taxes | 1,428,000 | 3,823,000 | 4,128,000 | 4,345,000 | 4,884,000 | 8,365,000 | 5,367,000 | 6,084,000 | 4,467,000 | 4,038,000 | 4,631,000 | 2,965,000 | 3,045,000 | 9,503,000 | 5,178,000 | 5,906,000 | 3,490,000 | 6,315,000 | 5,344,000 | 5,145,000 | 3,389,000 | 5,182,000 | 4,491,000 | 3,943,000 | 2,071,000 | 5,368,000 | 2,198,000 | 2,101,000 | 756,000 | 3,938,000 | 2,341,000 | 2,246,000 | 1,148,000 | 889,750 | 1,564,000 | 1,562,000 | 433,000 | 956,250 | 1,410,000 | 1,610,000 | ||||||||||||||
income before income taxes | 6,891,000 | 86,055,000 | 76,863,000 | 84,350,000 | 86,510,000 | 175,512,000 | 151,547,000 | 159,229,000 | 130,580,000 | 181,158,000 | 99,551,000 | 83,443,000 | 103,207,000 | 274,114,000 | 196,500,000 | 183,874,000 | 118,724,000 | 196,557,000 | 177,568,000 | 157,134,000 | 94,403,000 | 153,998,000 | 103,004,000 | 74,671,000 | 41,704,000 | 150,879,000 | 84,719,000 | 35,394,000 | 95,000 | 136,079,000 | 83,630,000 | 84,816,000 | 57,540,000 | 45,783,250 | 118,401,000 | 51,901,000 | 12,831,000 | 53,937,250 | 55,443,000 | 116,106,000 | 10,371,000 | 7,445,000 | 15,351,000 | 6,495,000 | 3,564,000 | 343,000 | ||||||||
provision for income taxes | -81,000 | -25,899,000 | -20,753,000 | -23,640,000 | -22,493,000 | -46,299,000 | -39,788,000 | -41,227,000 | -31,584,000 | -46,400,000 | -22,942,000 | -21,472,000 | -27,350,000 | -68,719,000 | -45,923,000 | -45,936,000 | -30,225,000 | -49,117,000 | -44,412,000 | -39,265,000 | -23,601,000 | -38,884,000 | -24,322,000 | -18,143,000 | -9,821,000 | -32,886,000 | -21,858,000 | -9,132,000 | -24,000 | -35,095,000 | -19,661,000 | -21,136,000 | -14,660,000 | -17,456,000 | -46,112,000 | -19,098,000 | -4,614,000 | -19,425,250 | -20,298,000 | -41,913,000 | -15,490,000 | -16,522,000 | -28,021,000 | -30,240,000 | -7,827,000 | -4,088,000 | -6,021,000 | -4,247,000 | -3,147,000 | -7,008,000 | -1,809,000 | -1,489,000 | -73,000 | |
net income | 6,810,000 | 60,156,000 | 56,110,000 | 60,710,000 | 64,017,000 | 129,213,000 | 111,759,000 | 118,002,000 | 98,996,000 | 134,758,000 | 76,609,000 | 61,971,000 | 75,857,000 | 205,395,000 | 150,577,000 | 137,938,000 | 88,499,000 | 147,440,000 | 133,156,000 | 117,869,000 | 70,802,000 | 115,114,000 | 78,682,000 | 56,528,000 | 31,883,000 | 117,993,000 | 62,861,000 | 26,262,000 | 71,000 | 100,984,000 | 63,969,000 | 63,680,000 | 42,880,000 | 74,242,000 | 72,289,000 | 32,803,000 | 8,217,000 | 58,085,000 | 35,145,000 | 74,193,000 | 28,710,000 | 85,353,000 | 49,769,000 | 56,762,000 | 15,297,000 | 41,426,000 | 10,965,000 | 6,124,000 | 4,298,000 | 8,343,000 | 4,686,000 | 2,075,000 | 270,000 | |
yoy | -89.36% | -53.44% | -49.79% | -48.55% | -35.33% | -4.11% | 45.88% | 90.41% | 30.50% | -34.39% | -49.12% | -55.07% | -14.28% | 39.31% | 13.08% | 17.03% | 25.00% | 28.08% | 69.23% | 108.51% | 122.07% | -2.44% | 25.17% | 115.25% | 44805.63% | 16.84% | -1.73% | -58.76% | -99.83% | 36.02% | -11.51% | 94.13% | 421.84% | 27.82% | 105.69% | -55.79% | -71.38% | -31.95% | -29.38% | 30.71% | 87.68% | 106.04% | 353.89% | 826.88% | 255.91% | 396.54% | 133.99% | 195.13% | 1491.85% | |||||
qoq | -88.68% | 7.21% | -7.58% | -5.17% | -50.46% | 15.62% | -5.29% | 19.20% | -26.54% | 75.90% | 23.62% | -18.31% | -63.07% | 36.41% | 9.16% | 55.86% | -39.98% | 10.73% | 12.97% | 66.48% | -38.49% | 46.30% | 39.19% | 77.30% | -72.98% | 87.70% | 139.36% | 36888.73% | -99.93% | 57.86% | 0.45% | 48.51% | -42.24% | 2.70% | 120.37% | 299.21% | -85.85% | 65.27% | -52.63% | 158.42% | -66.36% | 71.50% | -12.32% | 271.07% | -63.07% | 277.80% | 79.05% | 42.48% | -48.48% | 78.04% | 125.83% | 668.52% | ||
net income margin % | 1.34% | 6.30% | 6.70% | 6.87% | 8.85% | 10.49% | 9.92% | 10.37% | 10.69% | 10.84% | 9.25% | 7.49% | 9.84% | 13.64% | 14.19% | 13.72% | 12.16% | 12.22% | 12.93% | 11.61% | 9.85% | 10.88% | 9.48% | 7.36% | 5.35% | 10.36% | 8.41% | 3.76% | 0.01% | 8.92% | 8.26% | 8.26% | 7.35% | 6.58% | 10.08% | 5.75% | 2.09% | 7.51% | 6.04% | 11.87% | 6.77% | 9.71% | 7.68% | Infinity% | 4.05% | 6.52% | 2.29% | 7.01% | 5.90% | 6.93% | 8.00% | 4.06% | 0.97% | |
net loss attributable to noncontrolling interests | -24,000 | 4,000 | 34,000 | 38,000 | -184,500 | -311,000 | -359,750 | 393,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 6,786,000 | 60,160,000 | 56,144,000 | 60,748,000 | 64,036,000 | 129,213,000 | 111,759,000 | 118,002,000 | 99,055,000 | 132,834,000 | 75,402,000 | 60,724,000 | 74,742,000 | 202,973,000 | 149,226,000 | 136,383,000 | 87,478,000 | 99,382,000 | 63,969,000 | 63,680,000 | 42,880,000 | 74,020,000 | 72,264,000 | 32,714,000 | 8,193,000 | 57,861,000 | 34,834,000 | 73,926,000 | 28,550,000 | 85,072,000 | 50,162,000 | 54,930,000 | ||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.08 | 0.7 | 0.65 | 0.68 | 0.7 | 1.38 | 1.19 | 1.25 | 1.04 | 1.36 | 0.77 | 0.61 | 0.74 | 2 | 1.47 | 1.33 | 0.82 | 1.39 | 1.18 | 1.01 | 0.59 | 0.91 | 0.61 | 0.43 | 0.24 | 0.84 | 0.45 | 0.18 | 0.69 | 0.43 | 0.42 | 0.28 | 0.183 | 0.48 | 0.21 | 0.05 | 0.213 | 0.22 | 0.46 | 0.18 | 0.185 | 0.31 | 0.34 | 0.09 | 0.19 | 0.14 | ||||||||
diluted | 0.08 | 0.7 | 0.64 | 0.68 | 0.7 | 1.37 | 1.18 | 1.25 | 1.03 | 1.35 | 0.76 | 0.6 | 0.73 | 1.97 | 1.45 | 1.33 | 0.81 | 1.37 | 1.17 | 1 | 0.59 | 0.9 | 0.61 | 0.43 | 0.24 | 0.84 | 0.44 | 0.18 | 0.68 | 0.43 | 0.42 | 0.28 | 0.183 | 0.48 | 0.21 | 0.05 | 0.213 | 0.22 | 0.46 | 0.18 | 0.185 | 0.31 | 0.34 | 0.09 | 0.19 | 0.14 | ||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 84,796,116 | 88,172,175 | 86,923,796 | 88,914,413 | 91,638,960 | 93,985,551 | 93,600,678 | 94,059,037 | 95,232,315 | 98,679,477 | 98,018,498 | 99,598,933 | 101,019,253 | 102,898,423 | 101,242,708 | 102,164,377 | 107,326,911 | 112,836,051 | 112,781,663 | 116,824,108 | 119,355,252 | 128,941,901 | 130,292,563 | 134,361,148 | 141,088,381 | 142,244,166 | 141,865,270 | 147,725,074 | 151,983,886 | 151,464,547 | 151,214,744 | 155,603,699 | 158,769,478 | 160,614,055 | 161,826,275 | 161,895,640 | 161,692,152 | 161,772,893 | 161,686,570 | 161,490,970 | 145,044,351 | 158,931,450 | 31,632,533 | 31,613,274 | 30,775,989 | 31,597,907 | 31,597,907 | 28,264,574 | ||||||
diluted | 85,176,744 | 88,695,831 | 87,557,896 | 89,234,359 | 92,077,680 | 94,912,589 | 94,640,211 | 94,740,019 | 95,846,756 | 99,695,662 | 99,030,210 | 100,634,964 | 101,706,438 | 104,003,652 | 102,661,222 | 102,787,919 | 108,197,485 | 113,809,292 | 113,782,251 | 117,770,084 | 120,086,573 | 129,515,114 | 130,506,567 | 135,038,481 | 141,533,546 | 142,471,191 | 142,390,163 | 148,318,032 | 153,355,965 | 152,775,851 | 152,129,825 | 156,140,543 | 159,390,586 | 161,267,509 | 162,259,283 | 162,192,610 | 162,319,758 | 162,366,744 | 162,308,099 | 162,807,376 | 145,531,289 | 159,158,706 | 31,750,938 | 31,643,070 | 30,797,602 | 31,618,085 | 31,614,646 | 28,274,188 | ||||||
net income attributable to noncontrolling interests | 19,000 | 59,000 | -1,924,000 | -1,207,000 | -1,247,000 | -1,115,000 | -2,422,000 | -1,351,000 | -1,555,000 | -1,021,000 | -222,000 | -25,000 | -89,000 | -24,000 | -267,000 | -160,000 | ||||||||||||||||||||||||||||||||||||||
netloss attributable to noncontrolling interests | 14,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in loss of unconsolidated entities | -8,500 | -122,000 | -55,000 | -16,000 | -13,000 | 16,750 | 106,000 | -25,000 | -14,000 | -25,000 | -21,000 | -3,000 | -155,000 | |||||||||||||||||||||||||||||||||||||||||
restructuring charges | 58,000 | 54,000 | 5,549,000 | 171,000 | 128,000 | 215,000 | 135,000 | 599,000 | 2,010,000 | 498,000 | 222,000 | 1,341,000 | 7,024,000 | |||||||||||||||||||||||||||||||||||||||||
other operations | 580,000 | 4,906,000 | 913,000 | 789,000 | 993,000 | 828,000 | 569,000 | |||||||||||||||||||||||||||||||||||||||||||||||
homebuilding income before taxes | 43,395,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
financial services income from operations before taxes | 805,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes | 44,200,000 | 46,979,000 | 77,790,000 | 87,002,000 | 23,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
home sales | 360,963,750 | 642,352,000 | 427,238,000 | 374,265,000 | 622,962,000 | 471,801,000 | 87,336,000 | 72,812,000 | 118,976,000 | 56,801,000 | 47,457,000 | 23,857,000 | ||||||||||||||||||||||||||||||||||||||||||
land and lot sales | 18,591,500 | 4,876,000 | 67,490,000 | 2,000,000 | 11,211,000 | 5,550,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 333,297,000 | 570,395,000 | 408,329,000 | 354,464,000 | 564,570,000 | 444,641,000 | 76,416,000 | 64,810,000 | 101,553,000 | 51,535,000 | 47,612,000 | 27,717,000 | ||||||||||||||||||||||||||||||||||||||||||
income from operations | 46,932,000 | 77,746,000 | 87,188,000 | 22,794,000 | 70,431,000 | 33,279,000 | 10,920,000 | 8,002,000 | 18,888,000 | 7,004,000 | 3,475,000 | 171,000 | ||||||||||||||||||||||||||||||||||||||||||
yoy | -33.36% | 133.62% | 698.42% | 184.85% | 272.89% | 375.14% | 214.24% | 4579.53% | ||||||||||||||||||||||||||||||||||||||||||||||
qoq | -39.63% | -10.83% | 282.50% | -67.64% | 111.64% | 204.75% | 36.47% | -57.63% | 169.67% | 101.55% | 1932.16% | |||||||||||||||||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5.34% | 12.00% | Infinity% | 6.04% | 11.09% | 6.96% | 12.50% | 10.99% | 15.68% | 11.96% | 6.80% | 0.61% | |
transaction expenses | -744,000 | -16,710,000 | -607,000 | -548,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: - sum | 495,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | -1,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before taxes | 68,841,000 | 16,986,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 41,426,000 | 10,965,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, net of income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.08 | 0.7 | 0.65 | 0.68 | 0.7 | 1.38 | 1.19 | 1.25 | 1.04 | 1.36 | 0.77 | 0.61 | 0.74 | 2 | 1.47 | 1.33 | 0.82 | 1.39 | 1.18 | 1.01 | 0.59 | 0.91 | 0.61 | 0.43 | 0.24 | 0.84 | 0.45 | 0.18 | 0.69 | 0.43 | 0.42 | 0.28 | 0.183 | 0.48 | 0.21 | 0.05 | 0.213 | 0.22 | 0.46 | 0.18 | 0.185 | 0.31 | 0.34 | 0.09 | 0.19 | 0.14 | ||||||||
continuing operations | 0.27 | 0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share | 0.27 | 0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
fee building | 1,465,000 | 1,738,000 | 3,630,000 | 4,031,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 84,796,116 | 88,172,175 | 86,923,796 | 88,914,413 | 91,638,960 | 93,985,551 | 93,600,678 | 94,059,037 | 95,232,315 | 98,679,477 | 98,018,498 | 99,598,933 | 101,019,253 | 102,898,423 | 101,242,708 | 102,164,377 | 107,326,911 | 112,836,051 | 112,781,663 | 116,824,108 | 119,355,252 | 128,941,901 | 130,292,563 | 134,361,148 | 141,088,381 | 142,244,166 | 141,865,270 | 147,725,074 | 151,983,886 | 151,464,547 | 151,214,744 | 155,603,699 | 158,769,478 | 160,614,055 | 161,826,275 | 161,895,640 | 161,692,152 | 161,772,893 | 161,686,570 | 161,490,970 | 145,044,351 | 158,931,450 | 31,632,533 | 31,613,274 | 30,775,989 | 31,597,907 | 31,597,907 | 28,264,574 | ||||||
diluted | 85,176,744 | 88,695,831 | 87,557,896 | 89,234,359 | 92,077,680 | 94,912,589 | 94,640,211 | 94,740,019 | 95,846,756 | 99,695,662 | 99,030,210 | 100,634,964 | 101,706,438 | 104,003,652 | 102,661,222 | 102,787,919 | 108,197,485 | 113,809,292 | 113,782,251 | 117,770,084 | 120,086,573 | 129,515,114 | 130,506,567 | 135,038,481 | 141,533,546 | 142,471,191 | 142,390,163 | 148,318,032 | 153,355,965 | 152,775,851 | 152,129,825 | 156,140,543 | 159,390,586 | 161,267,509 | 162,259,283 | 162,192,610 | 162,319,758 | 162,366,744 | 162,308,099 | 162,807,376 | 145,531,289 | 159,158,706 | 31,750,938 | 31,643,070 | 30,797,602 | 31,618,085 | 31,614,646 | 28,274,188 | ||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.058 | 0.15 | 0.07 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.058 | 0.15 | 0.07 | 0.01 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 847,903,000 | 982,814,000 | 791,961,000 | 622,642,000 | 812,937,000 | 970,045,000 | 675,957,000 | 492,940,000 | 943,998,000 | 868,953,000 | 849,039,000 | 981,567,000 | 966,298,000 | 889,664,000 | 228,137,000 | 270,124,000 | 412,703,000 | 681,528,000 | 587,405,000 | 556,483,000 | 584,665,000 | 621,295,000 | 493,585,000 | 474,545,000 | 624,129,000 | 329,011,000 | 130,262,000 | 171,516,000 | 148,782,000 | 277,696,000 | 83,086,000 | 239,906,000 | 324,608,000 | 282,914,000 | 162,396,000 | 114,945,000 | 128,519,000 | 208,657,000 | 128,715,000 | 117,509,000 | 144,019,000 | 214,485,000 | 96,993,000 | 121,907,000 | 106,573,000 | 170,629,000 | 147,683,000 | 26,120,000 | 32,046,000 | 35,261,000 | 32,303,000 | 37,537,000 | 71,215,000 | 19,824,000 |
receivables | 144,641,000 | 147,250,000 | 150,522,000 | 165,716,000 | 131,855,000 | 111,613,000 | 113,725,000 | 111,637,000 | 125,133,000 | 224,636,000 | 119,406,000 | 117,134,000 | 141,076,000 | 169,449,000 | 169,496,000 | 145,430,000 | 116,749,000 | 116,996,000 | 86,926,000 | 91,348,000 | 81,365,000 | 63,551,000 | 73,419,000 | 87,580,000 | 83,701,000 | 69,276,000 | 70,507,000 | 58,370,000 | 58,234,000 | 51,592,000 | 85,026,000 | 59,611,000 | 55,249,000 | 125,600,000 | 84,583,000 | 73,003,000 | 65,999,000 | 82,500,000 | 35,321,000 | 34,671,000 | 32,688,000 | 43,710,000 | 32,921,000 | 34,189,000 | 23,012,000 | 20,118,000 | 26,943,000 | |||||||
real estate inventories | 3,302,319,000 | 3,178,248,000 | 3,371,593,000 | 3,301,302,000 | 3,265,334,000 | 3,153,459,000 | 3,412,633,000 | 3,465,811,000 | 3,422,883,000 | 3,337,483,000 | 3,412,797,000 | 3,193,328,000 | 3,142,412,000 | 3,173,849,000 | 3,608,305,000 | 3,490,321,000 | 3,288,347,000 | 3,054,743,000 | 3,136,477,000 | 3,085,582,000 | 3,015,984,000 | 2,910,142,000 | 2,989,377,000 | 3,012,622,000 | 3,194,148,000 | 3,065,436,000 | 3,345,390,000 | 3,253,601,000 | 3,242,678,000 | 3,216,059,000 | 3,377,735,000 | 3,247,786,000 | 3,145,555,000 | 3,105,553,000 | 3,303,421,000 | 3,208,341,000 | 3,046,092,000 | 2,910,627,000 | 2,969,148,000 | 2,840,213,000 | 2,705,251,000 | 2,519,273,000 | 2,576,402,000 | 2,535,753,000 | 2,409,306,000 | 2,280,183,000 | 2,263,740,000 | 542,037,000 | 484,483,000 | 455,642,000 | 359,878,000 | 301,831,000 | 245,162,000 | 194,083,000 |
investments in unconsolidated entities | 217,019,000 | 183,075,000 | 190,898,000 | 194,089,000 | 170,379,000 | 173,924,000 | 130,798,000 | 133,591,000 | 124,723,000 | 131,824,000 | 139,384,000 | 139,959,000 | 134,071,000 | 129,837,000 | 132,998,000 | 131,399,000 | 122,366,000 | 118,095,000 | 75,046,000 | 74,051,000 | 68,212,000 | 75,056,000 | 36,880,000 | 36,040,000 | 11,091,000 | 11,745,000 | 4,207,000 | 4,241,000 | 4,191,000 | 5,410,000 | 4,275,000 | 4,169,000 | 4,699,000 | 5,870,000 | 17,616,000 | 18,787,000 | 17,113,000 | 17,546,000 | 17,205,000 | 17,549,000 | 17,494,000 | 18,999,000 | 17,340,000 | 17,325,000 | 17,730,000 | 16,805,000 | 16,072,000 | |||||||
mortgage loans held for sale | 66,152,000 | 98,514,000 | 78,405,000 | 104,862,000 | 79,443,000 | 115,001,000 | 80,071,000 | 32,936,000 | ||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,603,000 | 156,604,000 | 157,566,000 | 158,529,000 | 159,492,000 | 159,626,000 | 159,759,000 | 159,893,000 | 160,026,000 | 160,160,000 | 160,293,000 | 160,427,000 | 160,560,000 | 160,694,000 | 160,827,000 | 160,961,000 | 161,094,000 | 161,228,000 | 161,361,000 | 161,495,000 | 161,629,000 | 161,762,000 | 161,895,000 | 162,029,000 | 162,162,000 | 162,296,000 | 162,429,000 | 162,563,000 | 151,744,000 | |||||||
deferred tax assets | 43,132,000 | 43,132,000 | 45,975,000 | 45,975,000 | 45,975,000 | 45,975,000 | 37,996,000 | 37,996,000 | 37,996,000 | 37,996,000 | 34,850,000 | 34,850,000 | 34,851,000 | 34,851,000 | 57,095,000 | 57,095,000 | 57,096,000 | 57,096,000 | 43,618,000 | 44,388,000 | 44,389,000 | 47,525,000 | 30,752,000 | 39,744,000 | 46,266,000 | 49,904,000 | 57,275,000 | 64,671,000 | 67,761,000 | 67,768,000 | 59,113,000 | 66,414,000 | 73,818,000 | 76,413,000 | 108,664,000 | 117,582,000 | 122,105,000 | 123,223,000 | 111,887,000 | 116,700,000 | 126,812,000 | 130,657,000 | 141,479,000 | 148,367,000 | 155,803,000 | 157,821,000 | 141,601,000 | 4,611,000 | 4,611,000 | 4,611,000 | ||||
other assets | 184,555,000 | 187,899,000 | 202,654,000 | 206,653,000 | 162,713,000 | 164,495,000 | 171,472,000 | 164,684,000 | 158,639,000 | 157,093,000 | 158,152,000 | 157,118,000 | 163,929,000 | 165,687,000 | 173,404,000 | 163,686,000 | 160,208,000 | 151,162,000 | 147,610,000 | 151,701,000 | 140,772,000 | 145,882,000 | 174,060,000 | 167,747,000 | 173,959,000 | 173,425,000 | 173,804,000 | 164,991,000 | 173,956,000 | 105,251,000 | 107,309,000 | 94,105,000 | 82,005,000 | 48,070,000 | 58,292,000 | 58,111,000 | 58,527,000 | 60,592,000 | 65,998,000 | 47,860,000 | 45,918,000 | 48,918,000 | 84,516,000 | 87,350,000 | 97,394,000 | 105,405,000 | 103,613,000 | 24,454,000 | 15,572,000 | 8,824,000 | 8,326,000 | 2,306,000 | 1,958,000 | 3,061,000 |
total assets | 4,962,324,000 | 4,977,535,000 | 4,988,611,000 | 4,797,842,000 | 4,825,239,000 | 4,891,115,000 | 4,779,255,000 | 4,596,198,000 | 4,969,975,000 | 4,914,588,000 | 4,870,231,000 | 4,780,559,000 | 4,739,240,000 | 4,719,940,000 | 4,526,038,000 | 4,414,658,000 | 4,314,072,000 | 4,336,223,000 | 4,233,685,000 | 4,160,157,000 | 4,092,953,000 | 4,021,980,000 | 3,957,565,000 | 3,977,904,000 | 4,293,053,000 | 3,858,690,000 | 3,941,471,000 | 3,877,550,000 | 3,855,895,000 | 3,884,203,000 | 3,877,104,000 | 3,872,685,000 | 3,846,761,000 | 3,805,381,000 | 3,896,066,000 | 3,751,997,000 | 3,599,716,000 | 3,564,640,000 | 3,489,903,000 | 3,336,264,000 | 3,234,077,000 | 3,138,071,000 | 3,111,813,000 | 3,107,187,000 | 2,972,247,000 | 2,913,524,000 | 2,851,396,000 | 601,187,000 | 538,567,000 | 506,035,000 | 430,968,000 | 382,959,000 | 379,712,000 | |
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 63,155,000 | 41,693,000 | 72,338,000 | 81,448,000 | 75,798,000 | 68,228,000 | 75,214,000 | 57,410,000 | 51,736,000 | 64,833,000 | 55,231,000 | 78,386,000 | 57,544,000 | 62,324,000 | 64,109,000 | 112,942,000 | 76,015,000 | 84,854,000 | 119,699,000 | 141,143,000 | 118,904,000 | 79,690,000 | 94,064,000 | 71,086,000 | 77,275,000 | 66,120,000 | 81,279,000 | 63,091,000 | 66,605,000 | 81,313,000 | 83,711,000 | 88,936,000 | 76,249,000 | 72,870,000 | 64,038,000 | 63,251,000 | 74,115,000 | 70,252,000 | 77,667,000 | 79,818,000 | 67,601,000 | 64,840,000 | 67,747,000 | 51,009,000 | 60,995,000 | 68,860,000 | 62,464,000 | 20,640,000 | 16,006,000 | 23,397,000 | 14,598,000 | |||
accrued expenses and other liabilities | 428,366,000 | 425,289,000 | 436,397,000 | 417,304,000 | 443,566,000 | 465,563,000 | 456,418,000 | 437,237,000 | 485,052,000 | 453,531,000 | 509,189,000 | 425,518,000 | 436,275,000 | 443,034,000 | 494,727,000 | 474,202,000 | 490,877,000 | 466,013,000 | 416,056,000 | 395,138,000 | 390,493,000 | 366,740,000 | 332,147,000 | 314,818,000 | 315,560,000 | 322,043,000 | 315,436,000 | 295,671,000 | 319,791,000 | 335,149,000 | 313,194,000 | 298,077,000 | 333,190,000 | 330,882,000 | 316,487,000 | 278,017,000 | 251,891,000 | 263,845,000 | 219,396,000 | 198,793,000 | 201,302,000 | 216,263,000 | 210,707,000 | 205,422,000 | 210,601,000 | 210,009,000 | 201,094,000 | |||||||
loans payable | 456,468,000 | 456,468,000 | 459,437,000 | 262,921,000 | 267,774,000 | 270,970,000 | 275,914,000 | 283,929,000 | 288,337,000 | 288,337,000 | 288,337,000 | 287,427,000 | 287,427,000 | 287,427,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,504,000 | 257,381,000 | 258,979,000 | 258,979,000 | 258,979,000 | 250,000,000 | 250,000,000 | 750,000,000 | 250,000,000 | 400,000,000 | 400,000,000 | ||||||||||||||||||||||||||
senior notes | 647,858,000 | 647,586,000 | 647,317,000 | 647,053,000 | 646,791,000 | 646,534,000 | 646,280,000 | 646,030,000 | 1,095,192,000 | 1,094,249,000 | 1,093,321,000 | 1,092,408,000 | 1,091,509,000 | 1,090,624,000 | 1,089,752,000 | 1,088,895,000 | 1,088,050,000 | 1,087,219,000 | 1,086,401,000 | 1,085,595,000 | 1,084,803,000 | 1,084,022,000 | 1,083,254,000 | 1,166,189,000 | 1,034,925,000 | 1,033,985,000 | 1,033,058,000 | 1,032,145,000 | 1,412,463,000 | 1,410,804,000 | 1,419,198,000 | 1,453,366,000 | 1,473,074,000 | 1,471,302,000 | 1,469,558,000 | 1,467,861,000 | 1,169,914,000 | 1,168,307,000 | 1,166,724,000 | 1,165,114,000 | 869,939,000 | 868,679,000 | 888,657,000 | 888,267,000 | 887,882,000 | 887,502,000 | 887,130,000 | |||||||
mortgage repurchase facilities | 59,315,000 | 90,570,000 | 71,089,000 | 99,022,000 | 69,586,000 | 104,098,000 | 75,465,000 | 32,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 1,655,162,000 | 1,661,606,000 | 1,686,578,000 | 1,507,748,000 | 1,503,515,000 | 1,555,393,000 | 1,529,291,000 | 1,456,702,000 | 1,920,317,000 | 1,900,950,000 | 1,946,078,000 | 1,883,739,000 | 1,872,755,000 | 1,883,409,000 | 1,898,588,000 | 1,926,039,000 | 1,904,942,000 | 1,888,590,000 | 1,879,537,000 | 1,880,855,000 | 1,853,179,000 | 1,789,431,000 | 1,759,465,000 | 1,802,093,000 | 2,177,760,000 | 1,672,148,000 | 1,829,773,000 | 1,790,907,000 | 1,798,859,000 | 1,827,266,000 | 1,916,103,000 | 1,840,379,000 | 1,882,513,000 | 1,875,054,000 | 2,050,083,000 | 1,959,129,000 | 1,745,920,000 | 1,716,130,000 | 1,681,545,000 | 1,561,483,000 | 1,513,234,000 | 1,451,608,000 | 1,524,075,000 | 1,556,480,000 | 1,481,620,000 | 1,441,048,000 | 1,427,816,000 | 267,234,000 | 211,700,000 | 183,729,000 | 118,122,000 | 75,391,000 | 74,493,000 | |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 851,000 | 844,000 | 860,000 | 875,000 | 907,000 | 925,000 | 936,000 | 939,000 | 949,000 | 955,000 | 973,000 | 991,000 | 1,002,000 | 1,010,000 | 1,009,000 | 1,019,000 | 1,050,000 | 1,096,000 | 1,124,000 | 1,150,000 | 1,188,000 | 1,219,000 | 1,268,000 | 1,303,000 | 1,302,000 | 1,361,000 | 1,392,000 | 1,423,000 | 1,422,000 | 1,417,000 | 1,422,000 | 1,520,000 | 1,519,000 | 1,512,000 | 1,504,000 | 1,513,000 | 1,590,000 | 1,586,000 | 1,601,000 | 1,609,000 | 1,620,000 | 1,618,000 | 1,618,000 | 1,617,000 | 1,616,000 | 1,614,000 | 1,613,000 | 316,000 | 316,000 | 316,000 | 316,000 | 316,000 | 316,000 | |
additional paid-in capital | 3,685,000 | 91,077,000 | 145,004,000 | 203,288,000 | 281,591,000 | 345,137,000 | 425,753,000 | 482,111,000 | 478,122,000 | 581,195,000 | 624,312,000 | 662,087,000 | 658,743,000 | 658,720,000 | 661,570,000 | 796,746,000 | 792,369,000 | 793,980,000 | 780,715,000 | 788,495,000 | 882,352,000 | 880,822,000 | 894,681,000 | 901,348,000 | 912,719,000 | 911,197,000 | 907,762,000 | 910,520,000 | 907,282,000 | 906,159,000 | 902,771,000 | 312,103,000 | 311,141,000 | 310,878,000 | 309,852,000 | 309,351,000 | 308,834,000 | |||||||||||||||||
retained earnings | 3,306,192,000 | 3,314,990,000 | 3,301,074,000 | 3,289,086,000 | 3,320,792,000 | 3,334,785,000 | 3,249,016,000 | 3,138,545,000 | 3,048,697,000 | 3,010,003,000 | 2,922,424,000 | 2,895,120,000 | 2,862,621,000 | 2,827,694,000 | 2,624,721,000 | 2,486,547,000 | 2,407,184,000 | 2,355,448,000 | 2,208,008,000 | 2,074,852,000 | 1,956,983,000 | 1,886,181,000 | 1,771,067,000 | 1,692,385,000 | 1,635,857,000 | 1,603,974,000 | 1,485,981,000 | 1,423,120,000 | 1,396,858,000 | 1,396,787,000 | 1,297,405,000 | 1,233,436,000 | 1,169,756,000 | 1,134,230,000 | 1,060,210,000 | 987,946,000 | 955,232,000 | 947,039,000 | 889,178,000 | 854,344,000 | 780,418,000 | 751,868,000 | 666,796,000 | 616,634,000 | 561,704,000 | 546,407,000 | 504,981,000 | 21,534,000 | 15,410,000 | 11,112,000 | 2,769,000 | |||
total stockholders’ equity | 3,307,043,000 | 3,315,834,000 | 3,301,934,000 | 3,289,961,000 | 3,321,699,000 | 3,335,710,000 | 3,249,952,000 | 3,139,484,000 | 3,049,646,000 | 3,010,958,000 | 2,923,397,000 | 2,896,111,000 | 2,863,623,000 | 2,832,389,000 | 2,625,730,000 | 2,487,566,000 | 2,408,234,000 | 2,447,621,000 | 2,354,136,000 | 2,279,290,000 | 2,239,762,000 | 2,232,537,000 | 2,198,088,000 | 2,175,799,000 | 2,115,281,000 | 2,186,530,000 | 2,111,685,000 | 2,086,630,000 | 2,057,023,000 | 2,056,924,000 | 1,960,397,000 | 2,031,702,000 | 1,963,644,000 | 1,929,722,000 | 1,842,429,000 | 1,777,954,000 | 1,839,174,000 | 1,829,447,000 | 1,785,460,000 | 1,757,301,000 | 1,694,757,000 | 1,664,683,000 | 1,576,176,000 | 1,409,365,000 | 333,953,000 | 326,867,000 | 322,306,000 | 312,846,000 | 307,568,000 | 305,219,000 | ||||
noncontrolling interests | 119,000 | 95,000 | 99,000 | 133,000 | 25,000 | 12,000 | 12,000 | 12,000 | 12,000 | 2,680,000 | 756,000 | 709,000 | 2,862,000 | 4,142,000 | 1,720,000 | 1,053,000 | 896,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 13,000 | 13,000 | 13,000 | 13,000 | 604,000 | 604,000 | 604,000 | 605,000 | 3,554,000 | 14,914,000 | 14,622,000 | 19,063,000 | 22,898,000 | 17,480,000 | 26,086,000 | 21,780,000 | 11,562,000 | 21,936,000 | 20,025,000 | 18,296,000 | 14,215,000 | |||||||
total equity | 3,307,162,000 | 3,315,929,000 | 3,302,033,000 | 3,290,094,000 | 3,321,724,000 | 3,335,722,000 | 3,249,964,000 | 3,139,496,000 | 3,049,658,000 | 3,013,638,000 | 2,924,153,000 | 2,896,820,000 | 2,866,485,000 | 2,836,531,000 | 2,627,450,000 | 2,488,619,000 | 2,409,130,000 | 2,447,633,000 | 2,354,148,000 | 2,279,302,000 | 2,239,774,000 | 2,232,549,000 | 2,198,100,000 | 2,175,811,000 | 2,115,293,000 | 2,186,542,000 | 2,111,698,000 | 2,086,643,000 | 2,057,036,000 | 2,056,937,000 | 1,961,001,000 | 2,032,306,000 | 1,964,248,000 | 1,930,327,000 | 1,845,983,000 | 1,792,868,000 | 1,853,796,000 | 1,848,510,000 | 1,808,358,000 | 1,774,781,000 | 1,720,843,000 | 1,686,463,000 | 1,587,738,000 | 1,550,707,000 | 1,490,627,000 | 1,472,476,000 | 1,423,580,000 | 322,306,000 | 312,846,000 | 307,568,000 | 305,219,000 | |||
total liabilities and equity | 4,962,324,000 | 4,977,535,000 | 4,988,611,000 | 4,797,842,000 | 4,825,239,000 | 4,891,115,000 | 4,779,255,000 | 4,596,198,000 | 4,969,975,000 | 4,914,588,000 | 4,870,231,000 | 4,780,559,000 | 4,739,240,000 | 4,719,940,000 | 4,526,038,000 | 4,414,658,000 | 4,314,072,000 | 4,336,223,000 | 4,233,685,000 | 4,160,157,000 | 4,092,953,000 | 4,021,980,000 | 3,957,565,000 | 3,977,904,000 | 4,293,053,000 | 3,858,690,000 | 3,941,471,000 | 3,877,550,000 | 3,855,895,000 | 3,884,203,000 | 3,877,104,000 | 3,872,685,000 | 3,846,761,000 | 3,805,381,000 | 3,896,066,000 | 3,751,997,000 | 3,599,716,000 | 3,564,640,000 | 3,489,903,000 | 3,336,264,000 | 3,234,077,000 | 3,138,071,000 | 3,111,813,000 | 3,107,187,000 | 2,972,247,000 | 2,913,524,000 | 2,851,396,000 | 506,035,000 | 430,968,000 | 382,959,000 | 379,712,000 | |||
unsecured revolving credit facility | 100,000,000 | 200,000,000 | 150,000,000 | 250,000,000 | 200,000,000 | 200,000,000 | 100,000,000 | 374,392,000 | 299,392,000 | 349,392,000 | 399,392,000 | |||||||||||||||||||||||||||||||||||||||||||
seller financed loans | 13,726,000 | 17,758,000 | 17,758,000 | 2,434,000 | 7,572,000 | 12,390,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
seller financed loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 1,528,771,000 | 1,470,602,000 | 1,454,180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable and other borrowings | 322,142,000 | 274,677,000 | 277,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
debt payable to weyerhaeuser | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contracts and accounts receivable | 3,965,000 | 1,855,000 | 1,697,000 | 533,000 | 1,448,000 | 1,276,000 | 548,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 19,466,000 | 18,761,000 | 22,220,000 | 11,072,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 227,128,000 | 176,933,000 | 138,112,000 | 92,452,000 | 62,557,000 | 60,896,000 | 57,368,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 601,187,000 | 538,567,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
members equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | 29,928,000 | 39,837,000 | 60,101,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -91,000 | -182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 12,834,000 | 13,597,000 | 10,995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -1,917,000 | -3,992,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 61,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contracts intangible | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and members’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
members’ equity | 149,153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
home sales | 77,477,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
fee building | 1,073,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of home sales | 63,688,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 4,636,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 6,772,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 2,530,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
organizational costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -24,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 2,506,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proforma income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.12 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 6,810,000 | 60,156,000 | 56,110,000 | 60,710,000 | 64,017,000 | 129,213,000 | 111,759,000 | 118,002,000 | 98,996,000 | 134,758,000 | 76,609,000 | 61,971,000 | 75,857,000 | 205,395,000 | 150,577,000 | 137,938,000 | 88,499,000 | 147,440,000 | 133,156,000 | 117,869,000 | 70,802,000 | 115,114,000 | 78,682,000 | 56,528,000 | 31,883,000 | 117,993,000 | 62,861,000 | 26,262,000 | 71,000 | 100,984,000 | 63,969,000 | 63,680,000 | 42,880,000 | 74,242,000 | 72,289,000 | 32,803,000 | 8,217,000 | 58,085,000 | 35,145,000 | 74,193,000 | 28,710,000 | 85,353,000 | 49,769,000 | 56,762,000 | 15,297,000 | 41,426,000 | 32,349,000 | 6,124,000 | 4,298,000 | 8,343,000 | 4,686,000 | 2,075,000 | 270,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 7,618,000 | 7,717,000 | 7,508,000 | 7,657,000 | 7,387,000 | 7,446,000 | 8,548,000 | 7,697,000 | 7,327,000 | 6,786,000 | 6,884,000 | 6,128,000 | 7,054,000 | 9,369,000 | 6,615,000 | 6,741,000 | 5,285,000 | 8,323,000 | 7,978,000 | 8,990,000 | 7,130,000 | 10,301,000 | 7,020,000 | 6,720,000 | 5,456,000 | 10,039,000 | 6,796,000 | 6,476,000 | 5,085,000 | 9,516,000 | 7,002,000 | 7,091,000 | 5,488,000 | 933,000 | 869,000 | 876,000 | 822,000 | 765,000 | 865,000 | -335,000 | 1,792,000 | 2,858,000 | 2,245,000 | 1,690,000 | 1,481,000 | 845,000 | 10,429,000 | 78,000 | 71,000 | 524,000 | 118,000 | ||
equity in income of unconsolidated entities | 88,000 | -1,309,000 | -471,000 | -495,000 | -227,000 | -99,000 | -57,000 | -3,000 | -346,000 | 122,000 | -4,430,000 | -3,903,000 | -3,933,000 | -2,677,000 | -3,379,000 | -2,907,000 | -1,542,000 | -2,132,000 | -1,946,000 | -750,000 | -2,001,000 | -2,053,000 | -534,000 | -1,351,000 | -2,802,000 | -404,000 | -701,000 | ||||||||||||||||||||||||||
amortization of stock-based compensation | 1,957,000 | 7,362,000 | 7,308,000 | 8,603,000 | 7,556,000 | 9,182,000 | 8,708,000 | 8,940,000 | 6,679,000 | 4,907,000 | 6,989,000 | 4,162,000 | 3,861,000 | 2,040,000 | 5,717,000 | 5,751,000 | 5,272,000 | 8,369,000 | 4,410,000 | 4,506,000 | 3,656,000 | 5,997,000 | 3,477,000 | 3,786,000 | 3,625,000 | 4,192,000 | 3,828,000 | 3,351,000 | 3,435,000 | 3,859,000 | 3,765,000 | 3,720,000 | 3,470,000 | 4,275,000 | 3,887,000 | 3,903,000 | 3,841,000 | 2,964,000 | 3,285,000 | 3,758,000 | 2,605,000 | 3,399,000 | 2,994,000 | 3,161,000 | 2,381,000 | 1,108,000 | 5,990,000 | 962,000 | 566,000 | 1,026,000 | 501,000 | 517,000 | 327,000 |
charges for impairments and lot option abandonments | 1,068,000 | 12,986,000 | 9,244,000 | 13,096,000 | 1,073,000 | 1,713,000 | 1,074,000 | 968,000 | 402,000 | 1,482,000 | 197,000 | 11,761,000 | 717,000 | 3,573,000 | 3,277,000 | 1,131,000 | 766,000 | 20,125,000 | 268,000 | 232,000 | 213,000 | 1,960,000 | 315,000 | 1,380,000 | 349,000 | 18,356,000 | 1,029,000 | 288,000 | 5,202,000 | 3,585,000 | 643,000 | 609,000 | 248,000 | 850,000 | 375,000 | 507,000 | 321,000 | 792,000 | 389,000 | 107,000 | 182,000 | 27,000 | 365,000 | 1,178,000 | 360,000 | ||||||||
fair value adjustment on mortgage loans held for sale | 647,000 | -248,000 | 389,000 | -125,000 | 340,000 | -411,000 | |||||||||||||||||||||||||||||||||||||||||||||||
returns on investments in unconsolidated entities | 769,000 | 1,309,000 | 471,000 | 495,000 | 0 | 0 | 0 | 2,253,000 | 3,606,000 | 3,806,000 | 3,952,000 | 3,183,000 | 3,607,000 | 3,560,000 | 2,644,000 | 2,831,000 | 2,993,000 | 2,288,000 | 1,935,000 | 1,992,000 | 2,404,000 | 1,905,000 | 2,659,000 | 2,214,000 | 2,318,000 | 2,840,000 | 1,191,000 | 866,000 | 1,227,000 | 1,432,000 | 1,131,000 | 2,486,000 | |||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate inventories | -126,939,000 | 175,162,000 | -90,277,000 | -46,041,000 | -113,615,000 | 257,208,000 | 52,714,000 | -42,699,000 | -84,500,000 | 75,120,000 | -218,394,000 | -61,417,000 | 31,965,000 | 432,115,000 | -120,043,000 | -201,981,000 | -233,238,000 | 62,962,000 | -50,232,000 | -69,039,000 | -104,701,000 | 79,035,000 | 24,123,000 | 181,411,000 | -127,509,000 | 262,871,000 | -91,899,000 | -21,005,000 | -29,695,000 | 224,068,000 | -127,418,000 | -101,300,000 | -87,107,000 | 196,093,000 | -103,315,000 | -159,996,000 | -138,011,000 | 54,526,000 | -119,366,000 | -142,765,000 | -180,540,000 | 70,859,000 | -50,473,000 | -128,112,000 | -127,304,000 | -26,425,000 | -163,495,000 | -57,554,000 | -28,841,000 | -95,764,000 | -58,047,000 | -56,669,000 | -51,079,000 |
mortgage loans held for sale | 31,715,000 | -19,861,000 | 26,068,000 | -25,294,000 | 35,218,000 | -34,519,000 | -46,377,000 | ||||||||||||||||||||||||||||||||||||||||||||||
receivables | 2,609,000 | 3,272,000 | 15,194,000 | -33,861,000 | -20,242,000 | 2,112,000 | -2,088,000 | 13,496,000 | 99,503,000 | -105,230,000 | -2,272,000 | 23,942,000 | 28,373,000 | 47,000 | -24,066,000 | -28,681,000 | 247,000 | -30,070,000 | 4,422,000 | -9,983,000 | -17,814,000 | 9,859,000 | 14,170,000 | -3,879,000 | -14,425,000 | 1,231,000 | -12,137,000 | -136,000 | -6,642,000 | 33,933,000 | -25,377,000 | -4,362,000 | 70,351,000 | -41,017,000 | -12,980,000 | -6,985,000 | 16,702,000 | -7,973,000 | -650,000 | -1,942,000 | 11,141,000 | -10,789,000 | 1,268,000 | -11,177,000 | -2,894,000 | 6,826,000 | |||||||
other assets | -1,458,000 | 15,101,000 | 1,425,000 | -25,179,000 | 1,007,000 | -4,420,000 | -3,839,000 | 121,000 | -5,809,000 | 5,433,000 | -2,781,000 | 3,211,000 | -429,000 | 3,371,000 | -10,568,000 | 2,309,000 | -1,622,000 | 22,541,000 | 6,435,000 | -13,963,000 | 5,967,000 | 24,947,000 | -9,868,000 | 2,523,000 | 1,154,000 | -3,283,000 | -7,312,000 | 3,702,000 | -5,476,000 | 4,591,000 | -11,694,000 | -5,100,000 | 2,308,000 | 9,593,000 | -744,000 | 2,312,000 | 2,326,000 | 8,305,000 | -18,405,000 | -1,272,000 | 2,871,000 | 9,870,000 | 2,007,000 | 16,520,000 | 6,963,000 | -196,000 | 4,600,000 | -4,368,000 | -6,716,000 | -888,000 | -6,056,000 | -366,000 | 1,187,000 |
accounts payable | 21,462,000 | -30,645,000 | -9,111,000 | 5,798,000 | 7,554,000 | -6,986,000 | 17,804,000 | 5,674,000 | -13,097,000 | 9,602,000 | -23,155,000 | 20,842,000 | -4,780,000 | -1,785,000 | -48,833,000 | 36,927,000 | -8,839,000 | -34,845,000 | -21,444,000 | 22,240,000 | 39,213,000 | -14,374,000 | 22,978,000 | -6,189,000 | 11,155,000 | -15,159,000 | 18,187,000 | -3,513,000 | -14,708,000 | -7,619,000 | -5,225,000 | 12,687,000 | 3,379,000 | 8,832,000 | 787,000 | -10,864,000 | 3,863,000 | -7,415,000 | -2,151,000 | 12,217,000 | 2,761,000 | -2,907,000 | 16,738,000 | -9,986,000 | -7,865,000 | 6,393,000 | 1,935,000 | 4,634,000 | -7,391,000 | 8,799,000 | |||
accrued expenses and other liabilities | 6,459,000 | -13,342,000 | 21,997,000 | -39,623,000 | -21,452,000 | 7,717,000 | 20,551,000 | -49,024,000 | 31,805,000 | -59,617,000 | 82,989,000 | -8,464,000 | -6,752,000 | -50,189,000 | 23,475,000 | -11,710,000 | 25,254,000 | 25,027,000 | 20,992,000 | 6,229,000 | 22,096,000 | 34,181,000 | 18,451,000 | -195,000 | -5,589,000 | 8,121,000 | 20,725,000 | -7,518,000 | -73,446,000 | 19,622,000 | 15,089,000 | -34,970,000 | 2,165,000 | 14,396,000 | 38,469,000 | 26,123,000 | -11,952,000 | 4,614,000 | 20,747,000 | -43,000 | -14,828,000 | 4,299,000 | 5,280,000 | -6,408,000 | 1,323,000 | 11,828,000 | |||||||
net cash from operating activities | -47,964,000 | 221,021,000 | 45,855,000 | -74,259,000 | -31,157,000 | 360,299,000 | 167,869,000 | 23,150,000 | 144,744,000 | 70,464,000 | -72,937,000 | 62,095,000 | 135,639,000 | 625,834,000 | -13,727,000 | -51,717,000 | -116,114,000 | 215,570,000 | 106,659,000 | 67,100,000 | 30,204,000 | 249,855,000 | 171,906,000 | 255,202,000 | -88,974,000 | 410,289,000 | 9,630,000 | 10,986,000 | -114,925,000 | 382,752,000 | -72,041,000 | -49,935,000 | 49,886,000 | 312,330,000 | 10,044,000 | -108,409,000 | -112,291,000 | 102,997,000 | -75,111,000 | -46,520,000 | -139,676,000 | 171,016,000 | 37,084,000 | -68,781,000 | -108,314,000 | 27,059,000 | -47,270,000 | -51,529,000 | -41,630,000 | -72,568,000 | -45,047,000 | -55,178,000 | -47,416,000 |
capital expenditures | -6,716,000 | -7,849,000 | -6,771,000 | -10,191,000 | -8,105,000 | -4,365,000 | -6,386,000 | -6,130,000 | -6,417,000 | -6,240,000 | -6,691,000 | -5,944,000 | -6,501,000 | -5,880,000 | -9,123,000 | -16,073,000 | -12,547,000 | -10,022,000 | -10,521,000 | -3,262,000 | -5,684,000 | -6,015,000 | -4,780,000 | -3,763,000 | -8,239,000 | -7,890,000 | -9,250,000 | -5,918,000 | -7,224,000 | -7,104,000 | -8,865,000 | -13,512,000 | -2,170,000 | -393,000 | -419,000 | -620,000 | -1,173,000 | -1,929,000 | -933,000 | -712,000 | -411,000 | 250,000 | -446,000 | -235,000 | -378,000 | -1,782,000 | 0 | -145,000 | -103,000 | -134,000 | -82,000 | -161,000 | -129,000 |
free cash flows | -54,680,000 | 213,172,000 | 39,084,000 | -84,450,000 | -39,262,000 | 355,934,000 | 161,483,000 | 17,020,000 | 138,327,000 | 64,224,000 | -79,628,000 | 56,151,000 | 129,138,000 | 619,954,000 | -22,850,000 | -67,790,000 | -128,661,000 | 205,548,000 | 96,138,000 | 63,838,000 | 24,520,000 | 243,840,000 | 167,126,000 | 251,439,000 | -97,213,000 | 402,399,000 | 380,000 | 5,068,000 | -122,149,000 | 375,648,000 | -80,906,000 | -63,447,000 | 47,716,000 | 311,937,000 | 9,625,000 | -109,029,000 | -113,464,000 | 101,068,000 | -76,044,000 | -47,232,000 | -140,087,000 | 171,266,000 | 36,638,000 | -69,016,000 | -108,692,000 | 25,277,000 | -47,270,000 | -51,674,000 | -41,733,000 | -72,702,000 | -45,129,000 | -55,339,000 | -47,545,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -6,716,000 | -7,849,000 | -6,771,000 | -10,191,000 | -8,105,000 | -4,365,000 | -6,386,000 | -6,130,000 | -6,417,000 | -6,240,000 | -6,691,000 | -5,944,000 | -6,501,000 | -5,880,000 | -9,123,000 | -16,073,000 | -12,547,000 | -10,022,000 | -10,521,000 | -3,262,000 | -5,684,000 | -6,015,000 | -4,780,000 | -3,763,000 | -8,239,000 | -7,890,000 | -9,250,000 | -5,918,000 | -7,224,000 | -7,104,000 | -8,865,000 | -13,512,000 | -2,170,000 | -393,000 | -419,000 | -620,000 | -1,173,000 | -1,929,000 | -933,000 | -712,000 | -411,000 | 250,000 | -446,000 | -235,000 | -378,000 | -1,782,000 | |||||||
investments in unconsolidated entities | -32,442,000 | -38,449,000 | -1,107,000 | -24,786,000 | -929,000 | -6,310,000 | 0 | -481,000 | -231,000 | -462,000 | -634,000 | -231,000 | -947,000 | -46,000 | -472,000 | -231,000 | -231,000 | 0 | 0 | -19,000 | -13,000 | -10,000 | -201,000 | -279,000 | -978,000 | -738,000 | |||||||||||||||||||||||||||
distributions from unconsolidated entities | 1,000,000 | 16,587,000 | 5,540,000 | 4,237,000 | 6,993,000 | 15,028,000 | 1,000,000 | 2,639,000 | 13,650,000 | 1,096,000 | |||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -38,158,000 | -1,316,000 | -4,954,000 | -36,273,000 | -3,276,000 | -37,737,000 | -10,306,000 | -15,147,000 | -263,000 | -848,000 | -4,782,000 | -11,336,000 | -9,452,000 | -3,379,000 | -10,802,000 | -24,254,000 | -19,688,000 | -52,246,000 | -11,419,000 | -8,865,000 | 399,000 | -44,462,000 | -5,878,000 | -28,549,000 | -9,151,000 | -14,200,000 | -9,250,000 | -6,360,000 | -7,448,000 | -69,061,000 | -9,494,000 | -13,740,000 | -3,117,000 | -439,000 | -891,000 | -850,000 | -1,399,000 | -1,920,000 | -933,000 | -731,000 | -424,000 | 1,336,000 | -328,000 | -514,000 | -1,356,000 | -2,519,000 | 47,429,000 | -145,000 | -103,000 | 29,866,000 | 9,918,000 | 19,839,000 | -60,129,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from loans payable | 200,000,000 | 0 | 1,600,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of loans payable and senior notes | -3,483,000 | -4,853,000 | -4,796,000 | -8,016,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on mortgage repurchase facilities | 258,235,000 | 378,033,000 | 422,068,000 | 409,066,000 | 288,018,000 | 350,728,000 | 213,437,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayments on mortgage repurchase facilities | -289,490,000 | -358,552,000 | -450,001,000 | -379,630,000 | -322,530,000 | -322,095,000 | -170,068,000 | ||||||||||||||||||||||||||||||||||||||||||||||
tax withholding paid on behalf of employees for share-based awards | -17,534,000 | -1,852,000 | -6,000 | -36,000 | -9,921,000 | -2,139,000 | -8,000 | -32,000 | -16,572,000 | -4,000 | -6,000 | -16,000 | -9,780,000 | -2,000 | |||||||||||||||||||||||||||||||||||||||
share repurchases, excluding excise tax | -51,980,000 | -100,064,000 | -75,046,000 | -9,891,000 | -36,717,000 | -50,028,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -48,789,000 | -28,852,000 | 128,418,000 | -79,763,000 | -122,675,000 | -28,474,000 | 25,454,000 | -459,061,000 | -69,436,000 | -49,702,000 | -54,809,000 | -35,490,000 | -49,553,000 | 39,072,000 | -17,458,000 | -66,608,000 | -133,023,000 | -69,201,000 | -64,318,000 | -86,417,000 | -67,233,000 | -77,683,000 | -146,988,000 | -376,237,000 | 393,243,000 | -197,340,000 | -41,634,000 | 18,108,000 | -6,541,000 | -119,081,000 | -75,285,000 | -21,027,000 | -5,075,000 | -191,373,000 | 38,298,000 | 95,685,000 | 33,552,000 | -21,135,000 | 87,250,000 | 20,741,000 | 69,634,000 | -54,860,000 | -61,670,000 | 84,629,000 | 45,614,000 | -1,594,000 | 152,155,000 | 45,748,000 | 38,518,000 | 45,660,000 | 29,895,000 | 1,661,000 | 158,936,000 |
net decrease in cash and cash equivalents | -134,911,000 | 169,319,000 | -190,295,000 | -157,108,000 | -41,987,000 | -142,579,000 | -268,825,000 | -41,254,000 | -156,820,000 | 47,451,000 | -13,574,000 | -80,138,000 | 11,206,000 | -26,510,000 | -70,466,000 | -64,056,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents–beginning of period | 982,814,000 | 0 | 0 | 970,045,000 | 0 | 0 | 868,953,000 | 0 | 0 | 889,664,000 | 0 | 0 | 681,528,000 | 0 | 0 | 621,295,000 | 0 | 0 | 329,011,000 | 0 | 0 | 277,696,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents–end of period | 847,903,000 | 169,319,000 | -190,295,000 | 812,937,000 | 183,017,000 | -451,058,000 | 943,998,000 | -132,528,000 | 15,269,000 | 966,298,000 | -41,987,000 | -142,579,000 | 412,703,000 | 30,922,000 | -28,182,000 | 584,665,000 | 19,040,000 | -149,584,000 | 624,129,000 | -41,254,000 | 22,734,000 | 148,782,000 | |||||||||||||||||||||||||||||||
equity in loss of unconsolidated entities | -227,000 | 9,000 | -1,562,000 | -1,227,000 | -2,775,000 | 3,000 | 155,000 | -74,000 | 69,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | -3,146,000 | 0 | 22,244,000 | 0 | -13,478,000 | 771,000 | 0 | 3,136,000 | -16,773,000 | 8,992,000 | 6,522,000 | 3,638,000 | 7,371,000 | 7,396,000 | 3,090,000 | 7,000 | -8,655,000 | 7,301,000 | 7,404,000 | 5,024,000 | 32,251,000 | 8,918,000 | 4,523,000 | 1,118,000 | -11,336,000 | 4,813,000 | 10,112,000 | 3,845,000 | 10,822,000 | 6,888,000 | 7,436,000 | 2,018,000 | -16,221,000 | ||||||||||||||||||||
gain on increase in carrying amount of investment | 0 | 0 | -6,990,000 | 3,495,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 2,000 | 9,000 | 0 | 17,000 | 0 | 0 | 39,000 | 7,000 | 0 | 5,000 | 0 | 0 | 1,000 | 5,000 | 1,000 | ||||||||||||||||||||||||||||||||||||||
borrowings from debt | 0 | 37,427,000 | 50,000,000 | 8,979,000 | 0 | 350,000,000 | 500,000,000 | 0 | 0 | 25,000,000 | 0 | 50,000,000 | 400,000,000 | 50,000,000 | 50,000,000 | 98,311,000 | 317,758,000 | 75,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||
repayment of debt | 0 | -50,000,000 | -25,000,000 | -504,000 | -6,877,000 | 0 | -87,118,000 | -150,000,000 | 0 | -381,885,000 | -10,000 | -135,174,000 | -36,246,000 | -200,000,000 | 0 | -200,000,000 | -13,726,000 | -54,032,000 | 0 | -274,392,000 | -2,434,000 | -55,138,000 | -54,818,000 | ||||||||||||||||||||||||||||||
debt issuance costs | -5,000 | -1,000,000 | -1,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | -3,124,000 | -25,000 | -26,000 | -1,000 | 49,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||
proceeds from land bank financing arrangement | 6,756,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | 0 | 0 | 0 | -3,877,000 | 0 | -1,160,000 | -3,400,000 | -2,395,000 | 0 | -684,000 | -1,398,000 | -382,000 | -2,193,000 | 0 | 0 | -1,000 | -346,000 | 0 | -572,000 | -415,000 | -259,000 | -1,138,000 | -1,394,000 | -2,527,000 | -625,000 | -5,043,000 | -3,429,000 | -726,000 | -440,000 | ||||||||||||||||||||||||
proceeds from issuance of common stock under share-based awards | -1,000 | 0 | 0 | 1,041,000 | 352,000 | 0 | 286,000 | 232,000 | 1,648,000 | 0 | 1,000 | 29,000 | 232,000 | 2,491,000 | 17,000 | 2,817,000 | 0 | 2,191,000 | 231,000 | 690,000 | 149,000 | 101,000 | 1,000 | 198,000 | 0 | 310,000 | 658,000 | 975,000 | 8,998,000 | 844,000 | 1,703,000 | 746,000 | 126,000 | 443,000 | 12,000 | 6,000 | 0 | 956,000 | 397,000 | 263,000 | |||||||||||||
share repurchases | -32,360,000 | -37,610,000 | 0 | -16,761,000 | -62,787,000 | -123,090,000 | -62,556,000 | -65,211,000 | -82,850,000 | -65,428,000 | -86,660,000 | -62,061,000 | 0 | -102,001,000 | -47,489,000 | -6,714,000 | 0 | -12,520,000 | -99,205,000 | -492,000 | -16,969,000 | -10,415,000 | |||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -451,058,000 | 75,045,000 | 15,269,000 | 76,634,000 | 94,123,000 | 30,922,000 | -28,182,000 | -36,630,000 | 127,710,000 | 19,040,000 | -149,584,000 | 295,118,000 | -128,914,000 | 41,694,000 | 117,492,000 | -24,914,000 | 22,946,000 | 152,314,000 | -5,926,000 | -3,215,000 | 2,958,000 | -5,234,000 | -33,678,000 | 51,391,000 | |||||||||||||||||||||||||||||
cash and cash equivalents - beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investment | 0 | 0 | 717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net investments in unconsolidated entities | -3,723,000 | -30,319,000 | -2,164,000 | -4,920,000 | -11,656,000 | -8,213,000 | 1,909,000 | -5,392,000 | -2,951,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 3,385,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
(investments in) distributions from unconsolidated entities | -1,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum tax withholding paid on behalf of employees for share-based awards | -16,000 | -9,076,000 | 0 | -14,000 | -4,622,000 | -2,000 | 0 | -27,000 | -5,446,000 | 0 | 0 | -7,000 | -3,605,000 | 0 | 0 | 0 | -6,049,000 | 0 | 0 | -335,000 | -2,561,000 | 0 | 0 | -272,000 | -1,087,000 | 0 | |||||||||||||||||||||||||||
(investments in) returns of unconsolidated entities | -7,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
returns of (investments in) unconsolidated entities | -898,000 | -5,603,000 | 6,083,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax deficit of share-based awards | 5,000 | 12,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net repayments of debt held by variable interest entities | -145,000 | -2,165,000 | -132,000 | -133,000 | -742,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 0 | 145,000 | 1,002,000 | 808,000 | 1,709,000 | 2,247,000 | 1,161,000 | 873,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of period | 0 | 0 | 282,914,000 | 0 | 0 | 208,657,000 | 0 | 0 | 214,485,000 | 0 | 0 | 170,629,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of period | -156,820,000 | -84,702,000 | 324,608,000 | 47,451,000 | -13,574,000 | 128,519,000 | 11,206,000 | -26,510,000 | 144,019,000 | -24,914,000 | 15,334,000 | 106,573,000 | |||||||||||||||||||||||||||||||||||||||||
excess tax benefits of share-based awards | 36,000 | 40,000 | 44,000 | 308,000 | 185,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
bridge commitment fee | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired in the merger | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt payable to weyerhaeuser | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in book overdrafts | |||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to weyerhaeuser | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net (repayments) proceeds of debt held by variable interest entities | -842,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit of share-based awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||
charge for early extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating cash flows | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash (used in) provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and other postretirement benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||
change in book overdrafts | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum tax withholding paid on behalf of employees for restricted stock units | -363,000 | -1,827,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable from or payable to weyerhaeuser | |||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from notes payable | 50,000,000 | 50,600,000 | -381,189,000 | 325,518,000 | 105,671,000 | 135,150,000 | 69,624,000 | 29,275,000 | 24,575,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable | -2,535,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in debt payable to weyerhaeuser | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of partnership interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs for senior notes | 3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds of debt held by variable interest entities | -1,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of equity awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||
charges for impairment of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital contribution from (distribution to) weyerhaeuser | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – beginning of period | -30,751,000 | 0 | 35,261,000 | 0 | 0 | 0 | 19,824,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – end of period | 121,563,000 | -5,926,000 | 32,046,000 | 2,958,000 | -5,234,000 | -33,678,000 | 71,215,000 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contracts and accounts receivable | -2,110,000 | -158,000 | -1,164,000 | 915,000 | -172,000 | -728,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 705,000 | -3,459,000 | 11,148,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of furniture and equipment | -145,000 | -103,000 | -134,000 | -82,000 | -161,000 | -129,000 | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | 0 | 0 | 0 | -125,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
sales of marketable securities | 30,000,000 | 10,000,000 | 20,000,000 | 65,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of notes payable | -275,323,000 | -66,850,000 | -89,490,000 | -39,729,000 | -27,614,000 | -21,047,000 | |||||||||||||||||||||||||||||||||||||||||||||||
loan origination fees | |||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum tax withholding paid on behalf of employees for stock awards | 0 | -303,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | 0 | 0 | 0 | 155,408,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid, net of amounts capitalized | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 9,764,000 | 7,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributions from member | |||||||||||||||||||||||||||||||||||||||||||||||||||||
financial advisory fee paid on capital raised | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sales of marketable securities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from common units subject to redemption | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | -763,000 | 2,602,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of contracts intangible | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 45,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale marketable securities | -40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of equity based incentive units | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributed at formation | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets contributed and liabilities assumed at formation of the company: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate projects held for development and sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contracts intangible and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable secured by real estate projects |