2023 Q4 Form 10-Q Financial Statement

#000157694023000084 Filed on October 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $1.206B $889.4M
YoY Change 2.24% -22.27%
Cost Of Revenue $929.6M $652.4M
YoY Change -1.24% -22.51%
Gross Profit $276.0M $237.0M
YoY Change 16.0% -21.61%
Gross Profit Margin 22.89% 26.65%
Selling, General & Admin $132.0M $111.9M
YoY Change 20.78% 1.11%
% of Gross Profit 47.81% 47.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.774M $4.100M
YoY Change 58.29% 43.61%
% of Gross Profit 1.73% 1.73%
Operating Expenses $132.0M $111.9M
YoY Change 20.78% 1.11%
Operating Profit $144.0M $125.1M
YoY Change 11.95% -34.73%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$16.09M -$1.663M
YoY Change 3.72% -70.57%
Pretax Income $126.1M $112.0M
YoY Change 23.12% -34.91%
Income Tax $34.76M $28.80M
% Of Pretax Income 27.57% 25.71%
Net Earnings $91.32M $83.15M
YoY Change 14.88% -42.45%
Net Earnings / Revenue 7.57% 9.35%
Basic Earnings Per Share $2.60
Diluted Earnings Per Share $2.83 $2.58
COMMON SHARES
Basic Shares Outstanding 31.77M 32.02M
Diluted Shares Outstanding 32.24M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $226.2M $193.1M
YoY Change -23.78% 96.63%
Cash & Equivalents $226.2M $193.1M
Short-Term Investments
Other Short-Term Assets $37.62M $44.20M
YoY Change 18.63% -82.96%
Inventory $3.017B $3.058B
Prepaid Expenses
Receivables $76.21M $53.90M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.357B $3.350B
YoY Change 4.51% 1.95%
LONG-TERM ASSETS
Property, Plant & Equipment $69.08M $34.04M
YoY Change 117.98% 11.8%
Goodwill $30.40M $30.40M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $134.7M $88.20M
YoY Change 51.02% -25.14%
Total Long-Term Assets $782.7M $599.9M
YoY Change 39.31% 0.86%
TOTAL ASSETS
Total Short-Term Assets $3.357B $3.350B
Total Long-Term Assets $782.7M $599.9M
Total Assets $4.139B $3.949B
YoY Change 9.69% 1.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $147.3M $161.1M
YoY Change 37.73% 71.28%
Accrued Expenses $298.1M $282.3M
YoY Change 0.01% -16.33%
Deferred Revenue
YoY Change
Short-Term Debt $239.3M $162.1M
YoY Change 21.09% -16.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $684.7M $605.5M
YoY Change 13.62% -3.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.062B $1.051B
YoY Change 4.22% -11.02%
Other Long-Term Liabilities $5.291M $0.00
YoY Change 246.72%
Total Long-Term Liabilities $1.068B $1.051B
YoY Change 4.59% -11.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $684.7M $605.5M
Total Long-Term Liabilities $1.068B $1.051B
Total Liabilities $1.752B $1.657B
YoY Change 7.94% -8.37%
SHAREHOLDERS EQUITY
Retained Earnings $1.794B $1.710B
YoY Change 14.6% 14.61%
Common Stock $593.3M $582.7M
YoY Change 1.4% 0.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.387B $2.293B
YoY Change
Total Liabilities & Shareholders Equity $4.139B $3.949B
YoY Change 9.69% 1.79%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $91.32M $83.15M
YoY Change 14.88% -42.45%
Depreciation, Depletion And Amortization $4.774M $4.100M
YoY Change 58.29% 43.61%
Cash From Operating Activities $8.628M -$99.80M
YoY Change -97.74% -378.93%
INVESTING ACTIVITIES
Capital Expenditures $28.74M $5.700M
YoY Change 473.54% -186.23%
Acquisitions
YoY Change
Other Investing Activities -$28.64M -$20.30M
YoY Change 140.21% 273.3%
Cash From Investing Activities -$57.38M -$26.00M
YoY Change 238.84% 115.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 80.66M -33.40M
YoY Change -148.5% 173.03%
NET CHANGE
Cash From Operating Activities 8.628M -99.80M
Cash From Investing Activities -57.38M -26.00M
Cash From Financing Activities 80.66M -33.40M
Net Change In Cash 31.91M -159.2M
YoY Change -83.98% -1484.47%
FREE CASH FLOW
Cash From Operating Activities $8.628M -$99.80M
Capital Expenditures $28.74M $5.700M
Free Cash Flow -$20.11M -$105.5M
YoY Change -105.33% -348.88%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 650
dei Entity Address City Or Town
EntityAddressCityOrTown
Greenwood Village
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80111
dei City Area Code
CityAreaCode
303
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-36491
dei Entity Registrant Name
EntityRegistrantName
Century Communities, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
68-0521411
dei Entity Address Address Line1
EntityAddressAddressLine1
8390 East Crescent Parkway
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Entity Central Index Key
EntityCentralIndexKey
0001576940
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q4 us-gaap Derivative Asset Statement Of Financial Position Extensible Enumeration
DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2023Q3 us-gaap Derivative Asset Statement Of Financial Position Extensible Enumeration
DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssets
CY2022Q4 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedLiabilitiesAndOtherLiabilities
CY2023Q3 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedLiabilitiesAndOtherLiabilities
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
dei Document Type
DocumentType
10-Q
dei Local Phone Number
LocalPhoneNumber
770-8300
dei Security12b Title
Security12bTitle
Common stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
CCS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
31774615
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
193111000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
296724000
CY2023Q3 ccs Cash Held In Escrow
CashHeldInEscrow
52488000
CY2022Q4 ccs Cash Held In Escrow
CashHeldInEscrow
56569000
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
53878000
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
52797000
CY2023Q3 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
3058317000
CY2022Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
2830645000
CY2023Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
162742000
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
203558000
CY2023Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
345637000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
250535000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34044000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31688000
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
18778000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
20856000
CY2023Q3 us-gaap Goodwill
Goodwill
30395000
CY2022Q4 us-gaap Goodwill
Goodwill
30395000
CY2023Q3 us-gaap Assets
Assets
3949390000
CY2022Q4 us-gaap Assets
Assets
3773767000
CY2023Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
161054000
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
106926000
CY2023Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
282283000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
299588000
CY2023Q3 us-gaap Notes Payable
NotesPayable
1051294000
CY2022Q4 us-gaap Notes Payable
NotesPayable
1019412000
CY2023Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
162094000
CY2022Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
197626000
CY2023Q3 us-gaap Liabilities
Liabilities
1656725000
CY2022Q4 us-gaap Liabilities
Liabilities
1623552000
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31773033
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31773033
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31772791
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31772791
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
318000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
318000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
582334000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
584803000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1710013000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1565094000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2292665000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2150215000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3949390000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3773767000
CY2023Q3 us-gaap Revenues
Revenues
889423000
CY2022Q3 us-gaap Revenues
Revenues
1144291000
us-gaap Revenues
Revenues
2486604000
us-gaap Revenues
Revenues
3326782000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
111918000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
110687000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
315351000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
321484000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1663000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5651000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1509000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12754000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
111999000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
172074000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
224756000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
574498000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28849000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27601000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56850000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
128861000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
83150000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
144473000
us-gaap Net Income Loss
NetIncomeLoss
167906000
us-gaap Net Income Loss
NetIncomeLoss
445637000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.60
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
13.57
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.58
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.41
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31962884
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32196589
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31967672
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32850647
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32237022
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32570335
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32200677
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33241764
us-gaap Net Income Loss
NetIncomeLoss
167906000
us-gaap Net Income Loss
NetIncomeLoss
445637000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11019000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8207000
us-gaap Share Based Compensation
ShareBasedCompensation
26517000
us-gaap Share Based Compensation
ShareBasedCompensation
14950000
ccs Fair Value Of Loans Held For Sale And Other
FairValueOfLoansHeldForSaleAndOther
-2269000
ccs Fair Value Of Loans Held For Sale And Other
FairValueOfLoansHeldForSaleAndOther
12174000
ccs Abandonment Of Lot Option Contracts
AbandonmentOfLotOptionContracts
3021000
ccs Abandonment Of Lot Option Contracts
AbandonmentOfLotOptionContracts
7389000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2078000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-12634000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1062000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1504000
ccs Increase Decrease In Cash Held In Escrow
IncreaseDecreaseInCashHeldInEscrow
-4081000
ccs Increase Decrease In Cash Held In Escrow
IncreaseDecreaseInCashHeldInEscrow
31655000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1081000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
225587000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
649038000
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-36343000
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-142283000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
21179000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
33129000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
54126000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9374000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-23029000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
17855000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33008000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-67107000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14438000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15395000
ccs Expenditures Related To Rental Properties
ExpendituresRelatedToRentalProperties
59812000
ccs Expenditures Related To Rental Properties
ExpendituresRelatedToRentalProperties
18082000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
346000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3853000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-74596000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-37330000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
25000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
968000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
25000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
803000000
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
21453000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
26511000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
25070000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
17273000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11627000
ccs Proceeds From Repayments Of Mortgage Credit Facility
ProceedsFromRepaymentsOfMortgageCreditFacility
-35532000
ccs Proceeds From Repayments Of Mortgage Credit Facility
ProceedsFromRepaymentsOfMortgageCreditFacility
-136829000
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
10672000
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
12735000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19227000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
120646000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22074000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19680000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2941000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-56814000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-108506000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-98402000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-212943000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
308492000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
322241000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210090000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109298000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41358000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
151079000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
193111000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
98203000
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
16979000
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
11095000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210090000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109298000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2221917000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-29000
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
17258000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12226000
CY2023Q3 ccs Cash Dividends Declared And Dividend Equivalents
CashDividendsDeclaredAndDividendEquivalents
-7341000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
83150000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2292665000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1951164000
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
22341000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5159000
CY2022Q3 ccs Cash Dividends Declared And Dividend Equivalents
CashDividendsDeclaredAndDividendEquivalents
-6455000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
144473000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
2072000000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2150215000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-10672000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
19227000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
26517000
ccs Cash Dividends Declared And Dividend Equivalents
CashDividendsDeclaredAndDividendEquivalents
-22074000
us-gaap Net Income Loss
NetIncomeLoss
167906000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2292665000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1764508000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-12735000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
120646000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14950000
ccs Cash Dividends Declared And Dividend Equivalents
CashDividendsDeclaredAndDividendEquivalents
-19680000
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-34000
us-gaap Net Income Loss
NetIncomeLoss
445637000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
2072000000
CY2023Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
18
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5
CY2022Q4 us-gaap Assets
Assets
3773767000
CY2023Q3 us-gaap Prepaid Insurance
PrepaidInsurance
44234000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
31716000
CY2023Q3 ccs Lot Option And Escrow Deposits
LotOptionAndEscrowDeposits
46752000
CY2022Q4 ccs Lot Option And Escrow Deposits
LotOptionAndEscrowDeposits
48354000
us-gaap Use Of Estimates
UseOfEstimates
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Use of Estimates</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. </span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="white-space:pre-wrap; color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Reclassifications</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; color: #000000;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Certain prior period amounts have been reclassified to conform to current period presentation.</span></p>
CY2023Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
18
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5
CY2023Q3 us-gaap Revenues
Revenues
889423000
CY2022Q3 us-gaap Revenues
Revenues
1144291000
us-gaap Revenues
Revenues
2486604000
us-gaap Revenues
Revenues
3326782000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
111999000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
172074000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
224756000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
574498000
CY2023Q3 us-gaap Assets
Assets
3949390000
CY2023Q3 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
1507186000
CY2022Q4 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
1213919000
CY2023Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1477804000
CY2022Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1554951000
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
73327000
CY2022Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
61775000
CY2023Q3 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
3058317000
CY2022Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
2830645000
CY2023Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
162700000
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
203600000
CY2023Q3 us-gaap Inventory Real Estate Mortgage Loans Held In Inventory
InventoryRealEstateMortgageLoansHeldInInventory
165700000
CY2022Q4 us-gaap Inventory Real Estate Mortgage Loans Held In Inventory
InventoryRealEstateMortgageLoansHeldInInventory
202000000.0
CY2023Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
6900000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3400000
CY2022Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4500000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
15300000
CY2023Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-2900000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-4900000
CY2022Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-8100000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-16700000
CY2023Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
138900000
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
68100000
CY2023Q3 ccs Performance Deposits
PerformanceDeposits
12077000
CY2022Q4 ccs Performance Deposits
PerformanceDeposits
12626000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16979000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11768000
CY2023Q3 ccs Multi Family Rental Properties Under Construction
MultiFamilyRentalPropertiesUnderConstruction
119206000
CY2022Q4 ccs Multi Family Rental Properties Under Construction
MultiFamilyRentalPropertiesUnderConstruction
56615000
CY2023Q3 ccs Mortgage Loans Held For Investment Fair Value
MortgageLoansHeldForInvestmentFairValue
21367000
CY2022Q4 ccs Mortgage Loans Held For Investment Fair Value
MortgageLoansHeldForInvestmentFairValue
18875000
CY2023Q3 ccs Mortgage Loans Held For Investment Amortized Cost
MortgageLoansHeldForInvestmentAmortizedCost
6927000
CY2022Q4 ccs Mortgage Loans Held For Investment Amortized Cost
MortgageLoansHeldForInvestmentAmortizedCost
6574000
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
30493000
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
24164000
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
5458000
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
1958000
CY2023Q3 us-gaap Other Assets
OtherAssets
42144000
CY2022Q4 us-gaap Other Assets
OtherAssets
37885000
CY2023Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
345637000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
250535000
CY2023Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
15805000
CY2022Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
17903000
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12789000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13136000
CY2023Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
20495000
CY2022Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
16998000
CY2023Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
61026000
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
80415000
CY2023Q3 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
118352000
CY2022Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
128483000
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13841000
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
10670000
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1526000
CY2023Q3 us-gaap Other Liabilities
OtherLiabilities
39975000
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
30457000
CY2023Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
282283000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
299588000
CY2023Q3 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-500000
CY2022Q3 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-100000
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-1200000
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-600000
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12984000
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14127000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13136000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13343000
CY2023Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2199000
CY2022Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3498000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
6500000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
7645000
CY2023Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1874000
CY2022Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2179000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5643000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5046000
CY2023Q3 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-520000
CY2022Q3 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-110000
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-1204000
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-606000
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12789000
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15336000
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12789000
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15336000
ccs Self Insurance Adjustment
SelfInsuranceAdjustment
-3400000
CY2023Q3 ccs Self Insurance Adjustment
SelfInsuranceAdjustment
-3400000
ccs Self Insurance Adjustment
SelfInsuranceAdjustment
900000
CY2022Q3 ccs Self Insurance Adjustment
SelfInsuranceAdjustment
900000
CY2023Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
21477000
CY2022Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
10153000
CY2022Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
16998000
CY2021Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
5103000
CY2023Q3 ccs Self Insurance Expense Provisions
SelfInsuranceExpenseProvisions
2470000
CY2022Q3 ccs Self Insurance Expense Provisions
SelfInsuranceExpenseProvisions
2861000
ccs Self Insurance Expense Provisions
SelfInsuranceExpenseProvisions
7029000
ccs Self Insurance Expense Provisions
SelfInsuranceExpenseProvisions
7911000
CY2023Q3 ccs Payments For Self Insurance
PaymentsForSelfInsurance
-16000
ccs Payments For Self Insurance
PaymentsForSelfInsurance
-96000
CY2023Q3 ccs Self Insurance Adjustment
SelfInsuranceAdjustment
-3436000
CY2022Q3 ccs Self Insurance Adjustment
SelfInsuranceAdjustment
850000
ccs Self Insurance Adjustment
SelfInsuranceAdjustment
-3436000
ccs Self Insurance Adjustment
SelfInsuranceAdjustment
850000
CY2023Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
20495000
CY2022Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
13864000
CY2023Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
20495000
CY2022Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
13864000
CY2023Q3 us-gaap Notes Payable
NotesPayable
1051294000
CY2022Q4 us-gaap Notes Payable
NotesPayable
1019412000
CY2023Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
162094000
CY2022Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
197626000
CY2023Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1213388000
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1217038000
CY2023Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
69745000
CY2022Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
57124000
CY2022Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
61775000
CY2021Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
53379000
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
14234000
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
17281000
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
42281000
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
46645000
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
10652000
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
13726000
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
30729000
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
39345000
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
73327000
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
60679000
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
73327000
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
60679000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.264
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.011
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28800000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27600000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
128900000
ccs Mortgage Servicing Cost To Service
MortgageServicingCostToService
0.071
CY2022 ccs Mortgage Servicing Cost To Service
MortgageServicingCostToService
0.072
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12200000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26500000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15000000.0
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000.0
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31800000
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31800000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31800000
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31800000
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
4500000
CY2023Q3 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
247800
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
278200
CY2023Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
17300000
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
19200000
CY2023Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
69.61
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
69.09
CY2022Q3 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
500000
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
2300000
CY2022Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
22300000
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
120600000
CY2022Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
44.58
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
52.32
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10700000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12700000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
83150000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
144473000
us-gaap Net Income Loss
NetIncomeLoss
167906000
us-gaap Net Income Loss
NetIncomeLoss
445637000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31962884
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32196589
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31967672
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32850647
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
274138
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
373746
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
233005
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
391117
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32237022
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32570335
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32200677
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33241764
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.60
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
13.57
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.58
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.41
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
900000
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
500000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
500000
CY2023Q3 ccs Land Development Performance Obligations Letters Of Credit And Performance Bonds
LandDevelopmentPerformanceObligationsLettersOfCreditAndPerformanceBonds
513900000
CY2022Q4 ccs Land Development Performance Obligations Letters Of Credit And Performance Bonds
LandDevelopmentPerformanceObligationsLettersOfCreditAndPerformanceBonds
574800000
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001576940-23-000084-index-headers.html Edgar Link pending
0001576940-23-000084-index.html Edgar Link pending
0001576940-23-000084.txt Edgar Link pending
0001576940-23-000084-xbrl.zip Edgar Link pending
ccs-20230930.xsd Edgar Link pending
ccs-20230930x10q.htm Edgar Link pending
ccs-20230930xex22_1.htm Edgar Link pending
ccs-20230930xex31_1.htm Edgar Link pending
ccs-20230930xex31_2.htm Edgar Link pending
ccs-20230930xex31_3.htm Edgar Link pending
ccs-20230930xex32_1.htm Edgar Link pending
ccs-20230930xex32_2.htm Edgar Link pending
ccs-20230930xex32_3.htm Edgar Link pending
ccs-20230930xex3_1.htm Edgar Link pending
ccs-20230930xex3_1g001.jpg Edgar Link pending
ccs-20230930xex3_1g002.jpg Edgar Link pending
ccs-20230930xex3_1g003.jpg Edgar Link pending
ccs-20230930xex3_1g004.jpg Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
ccs-20230930_def.xml Edgar Link unprocessable
ccs-20230930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ccs-20230930x10q_htm.xml Edgar Link completed
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ccs-20230930_cal.xml Edgar Link unprocessable
ccs-20230930_lab.xml Edgar Link unprocessable