2022 Q4 Form 10-K Financial Statement

#000143774922029364 Filed on December 19, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $886.8M $2.922B $2.783B
YoY Change 8.9% 5.01% 18.73%
Cost Of Revenue $684.3M $2.222B $2.198B
YoY Change 7.17% 1.11% 13.79%
Gross Profit $202.5M $699.9M $584.9M
YoY Change 15.17% 19.66% 41.87%
Gross Profit Margin 22.84% 23.95% 21.02%
Selling, General & Admin $80.85M $296.2M $276.6M
YoY Change 15.47% 7.07% 14.39%
% of Gross Profit 39.92% 42.31% 47.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.448M $5.457M $5.280M
YoY Change 21.78% 3.35% -0.45%
% of Gross Profit 0.71% 0.78% 0.9%
Operating Expenses $81.59M $298.6M $278.3M
YoY Change 15.69% 7.28% 14.58%
Operating Profit $120.9M $401.4M $306.6M
YoY Change 14.82% 30.9% 80.99%
Interest Expense -$17.22M $132.4M $161.8M
YoY Change -29.54% -18.18% -9.16%
% of Operating Profit -14.24% 32.98% 52.77%
Other Income/Expense, Net
YoY Change
Pretax Income $91.48M $319.8M $189.9M
YoY Change 18.12% 68.38% 242.78%
Income Tax $35.85M $94.30M -$418.0M
% Of Pretax Income 39.19% 29.49% -220.12%
Net Earnings $55.63M $225.5M $607.8M
YoY Change 6.01% -62.9% 1093.48%
Net Earnings / Revenue 6.27% 7.72% 21.84%
Basic Earnings Per Share $30.31 $87.50
Diluted Earnings Per Share $7.527M $29.00 $85.86
COMMON SHARES
Basic Shares Outstanding 6.437M 6.287M
Diluted Shares Outstanding 6.728M 6.395M

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $326.2M $326.2M $246.0M
YoY Change 32.62% 32.62% -6.3%
Cash & Equivalents $382.2M $326.2M $246.0M
Short-Term Investments
Other Short-Term Assets $45.99M $45.99M $38.34M
YoY Change 19.93% 19.93% -0.93%
Inventory $1.519B $1.519B $1.254B
Prepaid Expenses
Receivables $37.84M $37.84M $39.93M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.929B $1.929B $1.579B
YoY Change 22.22% 22.22% 3.12%
LONG-TERM ASSETS
Property, Plant & Equipment $25.82M $43.72M $36.58M
YoY Change 37.8% 19.51% -4.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $74.94M $74.94M $60.90M
YoY Change 23.06% 23.06% -40.99%
Other Assets $358.2M $358.2M $441.8M
YoY Change -18.92% -18.92% 2905.22%
Total Long-Term Assets $632.8M $632.8M $742.0M
YoY Change -14.71% -14.71% 150.17%
TOTAL ASSETS
Total Short-Term Assets $1.929B $1.929B $1.579B
Total Long-Term Assets $632.8M $632.8M $742.0M
Total Assets $2.562B $2.562B $2.321B
YoY Change 10.41% 10.41% 26.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $421.1M $421.1M $163.9M
YoY Change 156.92% 156.92% 10.37%
Accrued Expenses $51.28M $51.28M $167.6M
YoY Change -69.4% -69.4% 23.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $549.6M $549.6M $403.6M
YoY Change 36.16% 36.16% 19.94%
LONG-TERM LIABILITIES
Long-Term Debt $1.291B $1.291B $1.373B
YoY Change -5.98% -5.98% -12.31%
Other Long-Term Liabilities $338.1M $338.1M $368.1M
YoY Change -8.15% -8.15% 2.07%
Total Long-Term Liabilities $1.629B $1.629B $1.742B
YoY Change -6.44% -6.44% -9.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $549.6M $549.6M $403.6M
Total Long-Term Liabilities $1.629B $1.629B $1.742B
Total Liabilities $2.179B $2.179B $2.146B
YoY Change 1.58% 1.56% -5.24%
SHAREHOLDERS EQUITY
Retained Earnings -$352.4M
YoY Change -37.87%
Common Stock $727.7M
YoY Change 0.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $127.6M
YoY Change 10.59%
Treasury Stock Shares
Shareholders Equity $383.0M $383.0M $174.9M
YoY Change
Total Liabilities & Shareholders Equity $2.562B $2.562B $2.321B
YoY Change 10.41% 10.41% 26.99%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income $55.63M $225.5M $607.8M
YoY Change 6.01% -62.9% 1093.48%
Depreciation, Depletion And Amortization $1.448M $5.457M $5.280M
YoY Change 21.78% 3.35% -0.45%
Cash From Operating Activities $118.1M $89.47M $210.2M
YoY Change -7.72% -57.44% -28.21%
INVESTING ACTIVITIES
Capital Expenditures -$3.986M $12.59M $5.942M
YoY Change 94.15% 111.92% 75.8%
Acquisitions
YoY Change
Other Investing Activities $5.119M $10.44M $14.94M
YoY Change 25.77% -30.11% 171.6%
Cash From Investing Activities $1.133M -$2.152M $8.996M
YoY Change -43.83% -123.92% 320.37%
FINANCING ACTIVITIES
Cash Dividend Paid $10.70M $0.00
YoY Change
Common Stock Issuance & Retirement, Net $12.22M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.59M -$16.52M -$217.3M
YoY Change -70.93% -92.4% 29.5%
NET CHANGE
Cash From Operating Activities 118.1M $89.47M $210.2M
Cash From Investing Activities 1.133M -$2.152M $8.996M
Cash From Financing Activities -15.59M -$16.52M -$217.3M
Net Change In Cash 103.6M $70.79M $1.936M
YoY Change 35.74% 3556.71% -98.48%
FREE CASH FLOW
Cash From Operating Activities $118.1M $89.47M $210.2M
Capital Expenditures -$3.986M $12.59M $5.942M
Free Cash Flow $122.0M $76.87M $204.3M
YoY Change -6.11% -62.37% -29.43%

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CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
376000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
242000 usd
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1891000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
34000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-92000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
81000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
29033000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8849000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16565000 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3990000 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9709000 usd
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
35387000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6795000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3748000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
13337000 usd
CY2022 hov Noncontrolling Interest Income In Consolidated Joint Venture
NoncontrollingInterestIncomeInConsolidatedJointVenture
-270000 usd
CY2021 hov Noncontrolling Interest Income In Consolidated Joint Venture
NoncontrollingInterestIncomeInConsolidatedJointVenture
-430000 usd
CY2020 hov Noncontrolling Interest Income In Consolidated Joint Venture
NoncontrollingInterestIncomeInConsolidatedJointVenture
-148000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
279000000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
35514000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-87897000 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2632000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3016000 usd
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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CY2022 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1205604000 usd
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1490099000 usd
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1306279000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1245408000 usd
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1443355000 usd
CY2020 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1367903000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-80885000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
425678000 usd
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-0 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7705000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
71370000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
33576000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5725000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
20009000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
12414000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-684000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
19000 usd
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1531000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
89466000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
210213000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
292828000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
63000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
32000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
112000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12592000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5942000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3380000 usd
CY2022 hov Payments To Acquire Interest In Joint Venture Net Of Reimbursements
PaymentsToAcquireInterestInJointVentureNetOfReimbursements
-35000 usd
CY2021 hov Payments To Acquire Interest In Joint Venture Net Of Reimbursements
PaymentsToAcquireInterestInJointVentureNetOfReimbursements
16550000 usd
CY2020 hov Payments To Acquire Interest In Joint Venture Net Of Reimbursements
PaymentsToAcquireInterestInJointVentureNetOfReimbursements
19924000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
10342000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
31456000 usd
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
25332000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2152000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8996000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2140000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
438883000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
252930000 usd
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
278577000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
418383000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
262609000 usd
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
348371000 usd
CY2022 hov Proceeds From Model Sale Leaseback Financing Programs
ProceedsFromModelSaleLeasebackFinancingPrograms
35030000 usd
CY2021 hov Proceeds From Model Sale Leaseback Financing Programs
ProceedsFromModelSaleLeasebackFinancingPrograms
7606000 usd
CY2020 hov Proceeds From Model Sale Leaseback Financing Programs
ProceedsFromModelSaleLeasebackFinancingPrograms
19200000 usd
CY2022 hov Payments For Model Sale Leaseback Financing Programs
PaymentsForModelSaleLeasebackFinancingPrograms
14857000 usd
CY2021 hov Payments For Model Sale Leaseback Financing Programs
PaymentsForModelSaleLeasebackFinancingPrograms
23677000 usd
CY2020 hov Payments For Model Sale Leaseback Financing Programs
PaymentsForModelSaleLeasebackFinancingPrograms
23646000 usd
CY2022 hov Proceeds From Land Bank Financing Program
ProceedsFromLandBankFinancingProgram
189952000 usd
CY2021 hov Proceeds From Land Bank Financing Program
ProceedsFromLandBankFinancingProgram
35282000 usd
CY2020 hov Proceeds From Land Bank Financing Program
ProceedsFromLandBankFinancingProgram
68060000 usd
CY2022 hov Payments For Land Bank Financing Program
PaymentsForLandBankFinancingProgram
68746000 usd
CY2021 hov Payments For Land Bank Financing Program
PaymentsForLandBankFinancingProgram
88458000 usd
CY2020 hov Payments For Land Bank Financing Program
PaymentsForLandBankFinancingProgram
73999000 usd
CY2022 hov Proceeds From Partner Distributions To Consolidated Joint Venture
ProceedsFromPartnerDistributionsToConsolidatedJointVenture
40000 usd
CY2021 hov Proceeds From Partner Distributions To Consolidated Joint Venture
ProceedsFromPartnerDistributionsToConsolidatedJointVenture
40000 usd
CY2020 hov Proceeds From Partner Distributions To Consolidated Joint Venture
ProceedsFromPartnerDistributionsToConsolidatedJointVenture
0 usd
CY2022 hov Payments For Partner Distributions To Consolidated Joint Venture
PaymentsForPartnerDistributionsToConsolidatedJointVenture
782000 usd
CY2021 hov Payments For Partner Distributions To Consolidated Joint Venture
PaymentsForPartnerDistributionsToConsolidatedJointVenture
818000 usd
CY2020 hov Payments For Partner Distributions To Consolidated Joint Venture
PaymentsForPartnerDistributionsToConsolidatedJointVenture
-0 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
10675000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
-0 usd
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
-0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12222000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
CY2022 hov Payment Of Financing Costs For Debt Issuance And Land Bank Financing
PaymentOfFinancingCostsForDebtIssuanceAndLandBankFinancing
10267000 usd
CY2021 hov Payment Of Financing Costs For Debt Issuance And Land Bank Financing
PaymentOfFinancingCostsForDebtIssuanceAndLandBankFinancing
2587000 usd
CY2020 hov Payment Of Financing Costs For Debt Issuance And Land Bank Financing
PaymentOfFinancingCostsForDebtIssuanceAndLandBankFinancing
13278000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16520000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-217273000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-167774000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
70794000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1936000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
127194000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
311396000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
309460000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
182266000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
382190000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
311396000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
309460000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
44872000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
87227000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
89484000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14062000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7669000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3013000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
382190000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
311396000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
309460000 usd
CY2020 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
74330000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b><em style="font: inherit;">2.</em> Business</b></p> <p style="margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </p> <p style="margin: 0pt; text-align: left; text-indent: 45pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">HEI conducts all of its homebuilding and financial services operations through its subsidiaries (references herein to the “Company,” “we,” “us” or “our” refer to HEI and its consolidated subsidiaries and should be understood to reflect the consolidated business of HEI’s subsidiaries). Our operations consist of homebuilding, financial services and corporate. Historically, the Company had seven reportable segments consisting of six homebuilding segments (Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West) and its financial services segment. During the <em style="font: inherit;">fourth</em> quarter of fiscal <em style="font: inherit;">2022,</em> we reevaluated our reportable segments as a result of changes in the business and our management thereof. In particular, we considered the fact that, since our segments were last established, the Company had exited the Minnesota, North Carolina and Tampa markets and is currently in the process of exiting the Chicago market. Applying the principles set forth under ASC <em style="font: inherit;">280</em> "Segment Reporting", including that our business trends are reflective of economic conditions in markets with general geographic proximity, we realigned our homebuilding operating segments and determined that, in addition to our financial services segment, we now had three reportable homebuilding segments comprised of (<em style="font: inherit;">1</em>) Northeast, (<em style="font: inherit;">2</em>) Southeast and (<em style="font: inherit;">3</em>) West. All prior period amounts related to the segment change have been retrospectively reclassified to conform to the new presentation. Homebuilding operations comprise the substantial part of our business, representing approximately 98% of consolidated revenues for the year ended <em style="font: inherit;"> October 31, 2022</em> and 97% for each of the years ended <em style="font: inherit;"> October 31, 2021 </em>and <em style="font: inherit;">2020.</em> HEI is a Delaware corporation, which through its subsidiaries, was building and selling homes in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia, including in 121 consolidated active selling communities at <em style="font: inherit;"> October 31, 2022</em>. Our homebuilding subsidiaries offer a wide variety of homes that are designed to appeal to <em style="font: inherit;">first</em>-time buyers, <em style="font: inherit;">first</em> and <em style="font: inherit;">second</em>-time move-up buyers, luxury buyers, active lifestyle buyers and empty nesters. Our financial services operations, which are a reportable segment, provide mortgage banking and title services to the homebuilding operations’ customers. Our financial services subsidiaries do <em style="font: inherit;">not</em> typically retain or service the mortgages that they originate but rather sell the mortgages and related servicing rights to investors. Corporate primarily includes the operations of our corporate office whose primary purpose is to provide executive services, accounting, information services, human resources, management reporting, training, cash management, internal audit, risk management, and administration of process redesign, quality, and safety.</p> <p style="margin: 0pt; text-align: left; font-family: Times New Roman; font-size: 6pt;"> </p> <p style="margin: 0pt; text-align: left; text-indent: 45pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">See Note <em style="font: inherit;">10</em> “Operating and Reporting Segments” for further disclosure of our reportable segments.</p>
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
7 pure
CY2022Q4 hov Number Of Communities
NumberOfCommunities
121 pure
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin: 0pt; text-align: left; text-indent: 45pt; font-family: Times New Roman; font-size: 10pt;"><i>Use of Estimates</i> - The preparation of financial statements in conformity with U.S. 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and these differences could have a significant impact on the Consolidated Financial Statements.</p> <p style="margin: 0pt; text-align: left; font-family: Times New Roman; font-size: 10pt;"> </p>
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
13400000 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
15700000 usd
CY2022 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
47343000 usd
CY2021 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
77716000 usd
CY2020 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
103801000 usd
CY2022 hov Real Estate Inventory Capitalized Interest Costs Interest Contributed To Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestContributedToJointVenture
0 usd
CY2021 hov Real Estate Inventory Capitalized Interest Costs Interest Contributed To Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestContributedToJointVenture
-3667000 usd
CY2020 hov Real Estate Inventory Capitalized Interest Costs Interest Contributed To Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestContributedToJointVenture
-4580000 usd
CY2022 hov Real Estate Inventory Capitalized Interest Costs Interest Acquired From Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestAcquiredFromJointVenture
0 usd
CY2022Q4 hov Number Of Communities Mothballed
NumberOfCommunitiesMothballed
2 pure
CY2021Q4 hov Number Of Communities Mothballed
NumberOfCommunitiesMothballed
6 pure
CY2022Q4 hov Inventory Real Estate Mothballed Communities
InventoryRealEstateMothballedCommunities
1400000 usd
CY2021Q4 hov Inventory Real Estate Mothballed Communities
InventoryRealEstateMothballedCommunities
4300000 usd
CY2022Q4 hov Inventory Real Estate Mothballed Communities Accumulated Impairment Charges
InventoryRealEstateMothballedCommunitiesAccumulatedImpairmentCharges
20300000 usd
CY2021Q4 hov Inventory Real Estate Mothballed Communities Accumulated Impairment Charges
InventoryRealEstateMothballedCommunitiesAccumulatedImpairmentCharges
57500000 usd
CY2022Q4 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
0 usd
CY2022Q4 hov General Liability Insurance Deductible
GeneralLiabilityInsuranceDeductible
25000000.0 usd
CY2021Q4 hov General Liability Insurance Deductible
GeneralLiabilityInsuranceDeductible
20000000.0 usd
CY2022Q4 hov Aggregate Retention For Construction Defects Warranty And Bodily Injury Claims
AggregateRetentionForConstructionDefectsWarrantyAndBodilyInjuryClaims
25000000.0 usd
CY2021Q4 hov Aggregate Retention For Construction Defects Warranty And Bodily Injury Claims
AggregateRetentionForConstructionDefectsWarrantyAndBodilyInjuryClaims
20000000.0 usd
CY2021Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
58159000 usd
CY2020Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
65010000 usd
CY2019Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
71264000 usd
CY2022 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
134024000 usd
CY2021 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
155514000 usd
CY2020 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
176457000 usd
CY2022 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
85240000 usd
CY2021 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
84100000 usd
CY2021 hov Real Estate Inventory Capitalized Interest Costs Interest Acquired From Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestAcquiredFromJointVenture
3118000 usd
CY2020 hov Real Estate Inventory Capitalized Interest Costs Interest Acquired From Joint Venture
RealEstateInventoryCapitalizedInterestCostsInterestAcquiredFromJointVenture
0 usd
CY2022Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
59600000 usd
CY2021Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
58159000 usd
CY2020Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
65010000 usd
CY2022 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
47343000 usd
CY2021 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
77716000 usd
CY2020 hov Real Estate Inventory Expense Not Eligible For Capitalization
RealEstateInventoryExpenseNotEligibleForCapitalization
103801000 usd
CY2022 us-gaap Interest Paid
InterestPaid
1790000 usd
CY2021 us-gaap Interest Paid
InterestPaid
2102000 usd
CY2020 us-gaap Interest Paid
InterestPaid
2165000 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
4261000 usd
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-7409000 usd
CY2020 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
16482000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
44872000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
87227000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
89484000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.095 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.094 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4805000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
10600000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
9800000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
12900000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
10500000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
300000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
1500000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-0 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3161000 usd
CY2022Q4 hov Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1820000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
23753000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4891000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
10483000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
10521000 usd
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
10507000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
9605000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
9598000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
9257000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
9900000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M6D
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8075000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5892000 usd
CY2022 hov Lessee Operating Lease Lease Not Yet Commenced
LesseeOperatingLeaseLeaseNotYetCommenced
13700000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
77721000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
67295000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
51902000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
48559000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25819000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18736000 usd
CY2022Q4 hov Number Of Loans Reserved For
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14 pure
CY2021Q4 us-gaap Mortgage Loans On Real Estate Writedown Or Reserve Amount1
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1632000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate Writedown Or Reserve Amount1
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1458000 usd
CY2022 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
181000 usd
CY2021 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
228000 usd
CY2022 us-gaap Allowance For Loan And Lease Losses Adjustments Net
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-18000 usd
CY2021 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
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CY2022Q4 us-gaap Mortgage Loans On Real Estate Writedown Or Reserve Amount1
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1795000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate Writedown Or Reserve Amount1
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1632000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1154852000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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1254852000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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4079000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
10769000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
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12384000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
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17248000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1146547000 usd
CY2021Q4 us-gaap Long Term Debt
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1248373000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
943683000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
39551000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
171618000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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1154852000 usd
CY2022Q4 hov Debt Covenant Fixed Charge Coverage Ratio Minimum
DebtCovenantFixedChargeCoverageRatioMinimum
2.0 pure
CY2022Q4 hov Secured Debt Leverage Ratio
SecuredDebtLeverageRatio
4.0 pure
CY2022Q4 hov Debt Covenant Fixed Charge Coverage Ratio Minimum
DebtCovenantFixedChargeCoverageRatioMinimum
2.0 pure
CY2022Q4 hov Secured Debt Leverage Ratio
SecuredDebtLeverageRatio
4.0 pure
CY2022Q1 us-gaap Dividends Preferred Stock
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2700000 usd
CY2022Q4 us-gaap Number Of States In Which Entity Operates
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14 pure
CY2022 us-gaap Number Of Reportable Segments
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7 pure
CY2022 us-gaap Revenues
Revenues
2922231000 usd
CY2021 us-gaap Revenues
Revenues
2782857000 usd
CY2020 us-gaap Revenues
Revenues
2343901000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
319753000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
189861000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55403000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13377000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7722000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4475000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
60064000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
20822000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Assets
Assets
2562030000 usd
CY2021Q4 us-gaap Assets
Assets
2320508000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
74940000 usd
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
60897000 usd
CY2022 us-gaap Interest Expense
InterestExpense
132370000 usd
CY2021 us-gaap Interest Expense
InterestExpense
161781000 usd
CY2020 us-gaap Interest Expense
InterestExpense
178096000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5457000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5280000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5304000 usd
CY2022 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
12592000 usd
CY2021 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
5942000 usd
CY2020 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
3380000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
29033000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8849000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16565000 usd
CY2022Q4 hov Income Taxes Receivable Payable
IncomeTaxesReceivablePayable
-341626000 usd
CY2021Q4 hov Income Taxes Receivable Payable
IncomeTaxesReceivablePayable
-421827000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
13377000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7722000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4475000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
80886000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4475000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94300000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4500000 usd
CY2022Q4 hov Contract Backlog
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1300000000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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565000000.0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
30772000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
34973000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
4285000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
4483000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
5668000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
5671000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
13746000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
12464000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2425000 usd
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1420000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
3646000 usd
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
2582000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1628000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1159000 usd
CY2022Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
0 usd
CY2021Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
743000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
206560000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
263366000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
150832000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
177163000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5005000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5136000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
443085000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
527233000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
2565000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2565000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
95727000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
101555000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
344793000 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
425678000 usd
CY2020 hov Number Of Communities Evaluated For Impairment
NumberOfCommunitiesEvaluatedForImpairment
354 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.098 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.106 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.008 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.036 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.000 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.070 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.295 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.080 pure
CY2021Q4 us-gaap Unrecognized Tax Benefits
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500000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
700000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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0 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
300000 usd
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
200000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
500000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
100000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
128000 usd
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
84000 usd
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
60000 usd
CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
200000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
200000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
500000 usd
CY2022 hov Number Of Communities Evaluated For Impairment
NumberOfCommunitiesEvaluatedForImpairment
374 pure
CY2020 us-gaap Impairment Of Real Estate
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2000000.0 usd
CY2022 hov Land Option Write Offs
LandOptionWriteOffs
5700000 usd
CY2021 hov Land Option Write Offs
LandOptionWriteOffs
1600000 usd
CY2020 hov Land Option Write Offs
LandOptionWriteOffs
6800000 usd
CY2022 us-gaap Profit Loss
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225490000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
607817000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
50928000 usd
CY2022 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
10675000 usd
CY2021 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
-0 usd
CY2020 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
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CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
19702000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
57676000 usd
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
4652000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
195113000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
550141000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46276000 usd
CY2022 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
19702000 usd
CY2021 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
57676000 usd
CY2020 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
4652000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
19717000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
58687000 usd
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
4652000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
195098000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
549130000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46276000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6437000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6287000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6189000
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
291000
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
108000
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
395000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6728000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6395000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6584000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
30.31
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
87.50
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.48
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
29.00
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
85.86
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.03
CY2022Q4 hov Common Stock Dividends Percent Of Increase From Class A To Class B
CommonStockDividendsPercentOfIncreaseFromClassAToClassB
1.10 pure
CY2018Q1 hov Shareholder Ownership Percentage Of Increase
ShareholderOwnershipPercentageOfIncrease
0.50 pure
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
10700000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
8300000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
7000000.0 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
7400000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
312471
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
12200000 usd
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
39.12
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
600000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
206234
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
51.67
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
9575
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
51.50
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
30100
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
71.97
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
166559
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
48.02
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
127780
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
200000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4800000 usd
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.46
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.82
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
25.34
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
166559
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
48.02
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
127780
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
59.03
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y4M24D
CY2022 hov Sharebased Compensation Arrangement By Sharebased Payment Award Participants Years Of Service
SharebasedCompensationArrangementBySharebasedPaymentAwardParticipantsYearsOfService
P15Y
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
15400000 usd
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M6D
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10300000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
7300000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7700000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5200000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2600000 usd
CY2022 hov Cash Received From Subcontractors For Owner Controlled Insurance Program
CashReceivedFromSubcontractorsForOwnerControlledInsuranceProgram
6000000.0 usd
CY2021 hov Cash Received From Subcontractors For Owner Controlled Insurance Program
CashReceivedFromSubcontractorsForOwnerControlledInsuranceProgram
5500000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94916000 usd
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
86417000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
18271000 usd
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
14342000 usd
CY2022 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
3525000 usd
CY2021 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-988000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
97719000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94916000 usd
CY2022 hov Increase Decrease In Construction Defect Reserves
IncreaseDecreaseInConstructionDefectReserves
4300000 usd
CY2022 hov Payments By Insurance Companies For Claims
PaymentsByInsuranceCompaniesForClaims
200000 usd
CY2021 hov Payments By Insurance Companies For Claims
PaymentsByInsuranceCompaniesForClaims
100000 usd
CY2022Q4 hov Deposits Associated With Land And Lot Options Of Unconsolidated Variable Interest Entities
DepositsAssociatedWithLandAndLotOptionsOfUnconsolidatedVariableInterestEntities
180800000 usd
CY2022Q4 hov Purchase Price Associated With Land And Lot Options Of Unconsolidated Variable Interest Entities
PurchasePriceAssociatedWithLandAndLotOptionsOfUnconsolidatedVariableInterestEntities
1900000000 usd
CY2021Q3 hov Payments To Acquire Remaining Equity Interest In Unconsolidated Joint Venture
PaymentsToAcquireRemainingEquityInterestInUnconsolidatedJointVenture
6300000 usd
CY2021Q2 hov Number Of Owned Communities Transferred To The Joint Venture
NumberOfOwnedCommunitiesTransferredToTheJointVenture
6 pure
CY2021Q2 hov Number Of Owned Active Communities Transferred To The Joint Venture
NumberOfOwnedActiveCommunitiesTransferredToTheJointVenture
3 pure
CY2021Q2 hov Proceeds From Transfer Of Land To Joint Venture
ProceedsFromTransferOfLandToJointVenture
21200000 usd
CY2020Q1 hov Proceeds From Transfer Of Land To Joint Venture
ProceedsFromTransferOfLandToJointVenture
29800000 usd
CY2022Q4 hov Loans Held For Sale Mortgages Unpaid Principal
LoansHeldForSaleMortgagesUnpaidPrincipal
110200000 usd
CY2021Q4 hov Loans Held For Sale Mortgages Unpaid Principal
LoansHeldForSaleMortgagesUnpaidPrincipal
146500000 usd
CY2022Q4 us-gaap Other Commitment
OtherCommitment
4000000.0 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8400000 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2000000.0 usd
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2000000.0 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1108253000 usd
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1266892000 usd

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