$KBH
KB HOME Stock $kbh

$kbh Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000079526618000032 Filed on April 06, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$871.6M	$818.6M
YoY Change	6.48%	20.67%
Cost Of Revenue	$729.5M	$698.1M
YoY Change	4.5%	22.73%
Gross Profit	$141.2M	$119.7M
YoY Change	17.96%	10.12%
Gross Profit Margin	16.2%	14.62%
Selling, General & Admin	$95.72M	$92.89M
YoY Change	3.05%	5.64%
% of Gross Profit	67.8%	77.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$600.0K	$800.0K
YoY Change	-25.0%	-11.11%
% of Gross Profit	0.42%	0.67%
Operating Expenses	$95.72M	$92.89M
YoY Change	3.05%	5.64%
Operating Profit	$44.00M	$25.28M
YoY Change	74.08%	33.09%
Interest Expense	$0.00	$6.307M
YoY Change	-100.0%	70.6%
% of Operating Profit	0.0%	24.95%
Other Income/Expense, Net
YoY Change
Pretax Income	$46.05M	$21.46M
YoY Change	114.57%	33.89%
Income Tax	$117.3M	$7.200M
% Of Pretax Income	254.75%	33.55%
Net Earnings	-$71.26M	$14.26M
YoY Change	-599.72%	8.62%
Net Earnings / Revenue	-8.17%	1.74%
Basic Earnings Per Share	-$0.82	$0.17
Diluted Earnings Per Share	-$0.82	$0.15
COMMON SHARES
Basic Shares Outstanding	87.16M shares	85.12M shares
Diluted Shares Outstanding	87.16M shares	96.27M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$560.8M	$351.9M
YoY Change	59.36%	8.91%
Cash & Equivalents	$560.8M	$352.5M
Short-Term Investments
Other Short-Term Assets	$12.90M	$9.700M
YoY Change	32.99%	-72.13%
Inventory	$3.442B	$3.423B
Prepaid Expenses
Receivables	$102.8M	$93.90M
Other Receivables	$147.7M	$144.5M
Total Short-Term Assets	$4.266B	$4.023B
YoY Change	6.03%	1.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$20.81M	$14.45M
YoY Change	43.99%	6.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$77.60M	$80.40M
YoY Change	-3.48%	-1.23%
Other Assets	$516.6M	$731.9M
YoY Change	-29.42%	-6.62%
Total Long-Term Assets	$691.3M	$899.3M
YoY Change	-23.13%	-4.68%
TOTAL ASSETS
Total Short-Term Assets	$4.266B	$4.023B
Total Long-Term Assets	$691.3M	$899.3M
Total Assets	$4.957B	$4.923B
YoY Change	0.7%	0.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$192.8M	$178.5M
YoY Change	8.01%	6.5%
Accrued Expenses	$524.8M	$475.6M
YoY Change	10.34%	4.02%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$737.1M	$670.8M
YoY Change	9.88%	4.53%
LONG-TERM LIABILITIES
Long-Term Debt	$2.360B	$2.504B
YoY Change	-5.78%	-5.59%
Other Long-Term Liabilities	$6.700M	$9.600M
YoY Change	-30.21%	5.49%
Total Long-Term Liabilities	$2.366B	$2.514B
YoY Change	-5.88%	-5.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$737.1M	$670.8M
Total Long-Term Liabilities	$2.366B	$2.514B
Total Liabilities	$3.104B	$3.186B
YoY Change	-2.56%	-3.6%
SHAREHOLDERS EQUITY
Retained Earnings	$1.662B	$1.576B
YoY Change	5.48%	6.65%
Common Stock	$847.7M	$814.0M
YoY Change	4.14%	2.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$548.4M	$537.9M
YoY Change	1.94%	0.63%
Treasury Stock Shares
Shareholders Equity	$1.853B	$1.736B
YoY Change
Total Liabilities & Shareholders Equity	$4.957B	$4.923B
YoY Change	0.7%	0.01%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	-$71.26M	$14.26M
YoY Change	-599.72%	8.62%
Depreciation, Depletion And Amortization	$600.0K	$800.0K
YoY Change	-25.0%	-11.11%
Cash From Operating Activities	-$141.7M	-$77.04M
YoY Change	83.9%	-46.24%
INVESTING ACTIVITIES
Capital Expenditures	-$1.900M	-$1.000M
YoY Change	90.0%	-28.57%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$8.850M	-$8.658M
YoY Change	2.22%	408.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$6.787M	$2.543M
YoY Change	166.89%	-97.09%
Debt Paid & Issued, Net	$0.00	$105.3M
YoY Change	-100.0%
Cash From Financing Activities	-$9.525M	-$154.9M
YoY Change	-93.85%	71.17%
NET CHANGE
Cash From Operating Activities	-$141.7M	-$77.04M
Cash From Investing Activities	-$8.850M	-$8.658M
Cash From Financing Activities	-$9.525M	-$154.9M
Net Change In Cash	-$160.1M	-$240.6M
YoY Change	-33.46%	2.15%
FREE CASH FLOW
Cash From Operating Activities	-$141.7M	-$77.04M
Capital Expenditures	-$1.900M	-$1.000M
Free Cash Flow	-$139.8M	-$76.04M
YoY Change	83.82%	-46.42%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	87506230	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--11-30
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-02-28
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000795266
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	KB HOME
CY2018Q1	dei	Trading Symbol TradingSymbol	KBH
CY2017Q4	kbh	Acquisition Costs Related To Land Option Contracts And Other Similar Contracts AcquisitionCostsRelatedToLandOptionContractsAndOtherSimilarContracts	26800000	USD
CY2018Q1	kbh	Acquisition Costs Related To Land Option Contracts And Other Similar Contracts AcquisitionCostsRelatedToLandOptionContractsAndOtherSimilarContracts	31300000	USD
CY2017Q4	kbh	Aggregate Carrying Value Of Inventory Impacted By Pretax Noncash Inventory Impairment Charges AggregateCarryingValueOfInventoryImpactedByPretaxNoncashInventoryImpairmentCharges	177800000	USD
CY2018Q1	kbh	Aggregate Carrying Value Of Inventory Impacted By Pretax Noncash Inventory Impairment Charges AggregateCarryingValueOfInventoryImpactedByPretaxNoncashInventoryImpairmentCharges	178400000	USD
CY2017Q4	kbh	Aggregate Purchase Price Associated With Land Option And Other Similar Contracts AggregatePurchasePriceAssociatedWithLandOptionAndOtherSimilarContracts	1094087000	USD
CY2018Q1	kbh	Aggregate Purchase Price Associated With Land Option And Other Similar Contracts AggregatePurchasePriceAssociatedWithLandOptionAndOtherSimilarContracts	929200000	USD
CY2018Q1	kbh	Aggregate Purchase Price Associated With Land Option And Other Similar Contracts AggregatePurchasePriceAssociatedWithLandOptionAndOtherSimilarContracts	929224000	USD
CY2017Q1	kbh	Carrying Valueof Communitiesor Land Parcels Evaluatedfor Impairment CarryingValueofCommunitiesorLandParcelsEvaluatedforImpairment	366400000	USD
CY2018Q1	kbh	Carrying Valueof Communitiesor Land Parcels Evaluatedfor Impairment CarryingValueofCommunitiesorLandParcelsEvaluatedforImpairment	200100000	USD
CY2017Q4	kbh	Cash Deposits On Land Option And Other Similar Contracts CashDepositsOnLandOptionAndOtherSimilarContracts	64702000	USD
CY2018Q1	kbh	Cash Deposits On Land Option And Other Similar Contracts CashDepositsOnLandOptionAndOtherSimilarContracts	44627000	USD
CY2018Q1	kbh	Cash Deposits On Land Option And Other Similar Contracts CashDepositsOnLandOptionAndOtherSimilarContracts	44600000	USD
CY2017Q4	kbh	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	25426000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	19850000	USD
CY2017Q4	kbh	Equity Method Investment Summarized Financial Information Cash EquityMethodInvestmentSummarizedFinancialInformationCash	21193000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Cash EquityMethodInvestmentSummarizedFinancialInformationCash	19992000	USD
CY2017Q4	kbh	Equity Method Investment Summarized Financial Information Inventories EquityMethodInvestmentSummarizedFinancialInformationInventories	145519000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Inventories EquityMethodInvestmentSummarizedFinancialInformationInventories	140288000	USD
CY2017Q4	kbh	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	1398000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	1180000	USD
CY2017Q1	kbh	Equity Method Investment Summarized Financial Information Other Income Expenses Net EquityMethodInvestmentSummarizedFinancialInformationOtherIncomeExpensesNet	-1096000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Other Income Expenses Net EquityMethodInvestmentSummarizedFinancialInformationOtherIncomeExpensesNet	-1372000	USD
CY2017Q4	kbh	Equity Method Investment Summarized Financial Information Receivable EquityMethodInvestmentSummarizedFinancialInformationReceivable	688000	USD
CY2018Q1	kbh	Equity Method Investment Summarized Financial Information Receivable EquityMethodInvestmentSummarizedFinancialInformationReceivable	507000	USD
CY2017Q4	kbh	Equity Method Investments Summarized Financial Information Debt EquityMethodInvestmentsSummarizedFinancialInformationDebt	20040000	USD
CY2018Q1	kbh	Equity Method Investments Summarized Financial Information Debt EquityMethodInvestmentsSummarizedFinancialInformationDebt	14464000	USD
CY2017Q1	kbh	Expenses Associated With Self Insurance ExpensesAssociatedWithSelfInsurance	4640000	USD
CY2018Q1	kbh	Expenses Associated With Self Insurance ExpensesAssociatedWithSelfInsurance	4401000	USD
CY2017Q1	kbh	Increase Decrease In Consolidated Inventories Not Owned IncreaseDecreaseInConsolidatedInventoriesNotOwned	-22554000	USD
CY2018Q1	kbh	Increase Decrease In Consolidated Inventories Not Owned IncreaseDecreaseInConsolidatedInventoriesNotOwned	8466000	USD
CY2017Q4	kbh	Increase In Inventories And Accrued Expenses And Other Liabilities Due To Land Option And Other Similar Contracts IncreaseInInventoriesAndAccruedExpensesAndOtherLiabilitiesDueToLandOptionAndOtherSimilarContracts	5700000	USD
CY2018Q1	kbh	Increase In Inventories And Accrued Expenses And Other Liabilities Due To Land Option And Other Similar Contracts IncreaseInInventoriesAndAccruedExpensesAndOtherLiabilitiesDueToLandOptionAndOtherSimilarContracts	14200000	USD
CY2017Q1	kbh	Intercompany Interest Income Expense IntercompanyInterestIncomeExpense	0	USD
CY2018Q1	kbh	Intercompany Interest Income Expense IntercompanyInterestIncomeExpense	0	USD
CY2017Q1	kbh	Inventory Impairments And Land Option Contract Abandonments InventoryImpairmentsAndLandOptionContractAbandonments	4008000	USD
CY2018Q1	kbh	Inventory Impairments And Land Option Contract Abandonments InventoryImpairmentsAndLandOptionContractAbandonments	4985000	USD
CY2017Q4	kbh	Inventoryrelatedliabilities Inventoryrelatedliabilities	30108000	USD
CY2018Q1	kbh	Inventoryrelatedliabilities Inventoryrelatedliabilities	36858000	USD
CY2018Q1	kbh	Lettersof Credit Outstanding Term LettersofCreditOutstandingTerm	P1Y
CY2018Q1	kbh	Lineof Credit Facility Non Guarantor Subsidiary Threshold Percent LineofCreditFacilityNonGuarantorSubsidiaryThresholdPercent	0.10
CY2018Q1	kbh	Lineof Credit Facility Significant Subsidiary Threshold Percent LineofCreditFacilitySignificantSubsidiaryThresholdPercent	0.05
CY2018Q1	kbh	Long Term Purchase Commitment Lots LongTermPurchaseCommitmentLots	67	lot
CY2018Q1	kbh	Maximum Warranty On Electrical Heating Cooling Plumbing And Other Building Systems MaximumWarrantyOnElectricalHeatingCoolingPlumbingAndOtherBuildingSystems	P5Y
CY2018Q1	kbh	Minimum Warranty On Electrical Heating Cooling Plumbing And Other Building Systems MinimumWarrantyOnElectricalHeatingCoolingPlumbingAndOtherBuildingSystems	P2Y
CY2017Q4	kbh	Number Of Communities And Various Other Land Parcels Impacted By Pretax Noncash Inventory Impairment Charges NumberOfCommunitiesAndVariousOtherLandParcelsImpactedByPretaxNoncashInventoryImpairmentCharges	24	property
CY2018Q1	kbh	Number Of Communities And Various Other Land Parcels Impacted By Pretax Noncash Inventory Impairment Charges NumberOfCommunitiesAndVariousOtherLandParcelsImpactedByPretaxNoncashInventoryImpairmentCharges	20	lot
CY2017Q4	kbh	Number Of Investments In Unconsolidated Joint Ventures NumberOfInvestmentsInUnconsolidatedJointVentures	7	joint_venture
CY2018Q1	kbh	Number Of Investments In Unconsolidated Joint Ventures NumberOfInvestmentsInUnconsolidatedJointVentures	7	joint_venture
CY2017Q1	kbh	Number Of Land Parcels Or Communities Evaluated For Recoverability NumberOfLandParcelsOrCommunitiesEvaluatedForRecoverability	39	property
CY2018Q1	kbh	Number Of Land Parcels Or Communities Evaluated For Recoverability NumberOfLandParcelsOrCommunitiesEvaluatedForRecoverability	29	property
CY2017Q4	kbh	Numberof Unconsolidated Joint Venture Lots Controlled Under Land Option Contracts NumberofUnconsolidatedJointVentureLotsControlledUnderLandOptionContracts	377	lot
CY2018Q1	kbh	Numberof Unconsolidated Joint Venture Lots Controlled Under Land Option Contracts NumberofUnconsolidatedJointVentureLotsControlledUnderLandOptionContracts	365	lot
CY2018Q1	kbh	Ownership Share In Guarantor Subsidiaries OwnershipShareInGuarantorSubsidiaries	1
CY2017Q1	kbh	Paymentsfor Self Insurance PaymentsforSelfInsurance	2040000	USD
CY2018Q1	kbh	Paymentsfor Self Insurance PaymentsforSelfInsurance	1365000	USD
CY2017Q4	kbh	Performance Bonds PerformanceBonds	606700000	USD
CY2018Q1	kbh	Performance Bonds PerformanceBonds	593800000	USD
CY2017Q4	kbh	Self Insuranceand Other Legal Liabilities SelfInsuranceandOtherLegalLiabilities	222808000	USD
CY2018Q1	kbh	Self Insuranceand Other Legal Liabilities SelfInsuranceandOtherLegalLiabilities	222379000	USD
CY2018Q1	kbh	Tax Cutsand Jobs Actof2017 Incomplete Accounting Changein Tax Rate Provisional Income Tax Expense Benefit TaxCutsandJobsActof2017IncompleteAccountingChangeinTaxRateProvisionalIncomeTaxExpenseBenefit	107900000	USD
CY2018Q1	kbh	Tax Cutsand Jobs Actof2017 Incomplete Accounting Provisional Income Tax Expense Benefit TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit	111200000	USD
CY2017Q1	kbh	Title Services TitleServices	1135000	USD
CY2018Q1	kbh	Title Services TitleServices	1066000	USD
CY2017Q1	kbh	Undistributed Earnings Reallocatedto Participating Securities UndistributedEarningsReallocatedtoParticipatingSecurities	75000	USD
CY2018Q1	kbh	Undistributed Earnings Reallocatedto Participating Securities UndistributedEarningsReallocatedtoParticipatingSecurities	0	USD
CY2017Q4	kbh	Utilityand Municipality Receivable UtilityandMunicipalityReceivable	113744000	USD
CY2018Q1	kbh	Utilityand Municipality Receivable UtilityandMunicipalityReceivable	115398000	USD
CY2018Q1	kbh	Warranty For Other Components Of Home WarrantyForOtherComponentsOfHome	P1Y
CY2017Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	244213000	USD
CY2018Q1	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	250472000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	789393000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	743912000	USD
CY2017Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	213463000	USD
CY2018Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	192843000	USD
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CY2018Q1	us-gaap	Accounts Receivable Gross AccountsReceivableGross	263112000	USD
CY2017Q4	us-gaap	Accrued Employee Benefits Current And Noncurrent AccruedEmployeeBenefitsCurrentAndNoncurrent	143992000	USD
CY2018Q1	us-gaap	Accrued Employee Benefits Current And Noncurrent AccruedEmployeeBenefitsCurrentAndNoncurrent	106719000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	575930000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	551069000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-16924000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-16924000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	727483000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	729439000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3829000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	12993000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	12640000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1665000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1552000	USD
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5100000	shares
CY2017Q4	us-gaap	Assets Assets	5041515000	USD
CY2018Q1	us-gaap	Assets Assets	4957101000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	593000000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	352450000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	720861000	USD
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CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-240550000	USD
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CY2018Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	347100000	USD
CY2017Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	75236000	USD
CY2018Q1	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	74761000	USD
CY2018Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	12602735	shares
CY2017Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.0250
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CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.025
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.0250
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CY2017Q4	us-gaap	Common Stock Issued Employee Stock Trust CommonStockIssuedEmployeeStockTrust	96509000	USD
CY2018Q1	us-gaap	Common Stock Issued Employee Stock Trust CommonStockIssuedEmployeeStockTrust	91760000	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	117946000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	118214000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14300000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-71300000	USD
CY2017Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	731000	USD
CY2017Q1	us-gaap	Construction And Development Costs ConstructionAndDevelopmentCosts	698080000	USD
CY2018Q1	us-gaap	Construction And Development Costs ConstructionAndDevelopmentCosts	729478000	USD
CY2017Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	16863000	USD
CY2018Q1	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	19537000	USD
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CY2018Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	14000000	USD
CY2017Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	2381000	USD
CY2018Q1	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	2219000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	657200000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	543500000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	633637000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	516569000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	50000000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	23600000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	26900000	USD
CY2018Q1	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	0	USD
CY2017Q4	us-gaap	Deposits Assets DepositsAssets	13829000	USD
CY2018Q1	us-gaap	Deposits Assets DepositsAssets	13121000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	802000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	628000	USD
CY2018Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	2322000	USD
CY2017Q4	us-gaap	Due From Affiliates DueFromAffiliates	0	USD
CY2018Q1	us-gaap	Due From Affiliates DueFromAffiliates	0	USD
CY2017Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	0	USD
CY2018Q1	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	0	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.82
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.82
CY2017Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.336
CY2018Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.132	Rate
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CY2018Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.2671299815	Rate
CY2018Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	2200000	USD
CY2017Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
CY2018Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1300000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	168798000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	161967000	USD
CY2017Q1	us-gaap	Equity Method Investment Summarized Financial Information Cost Of Sales EquityMethodInvestmentSummarizedFinancialInformationCostOfSales	17895000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Cost Of Sales EquityMethodInvestmentSummarizedFinancialInformationCostOfSales	8816000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	123332000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	127653000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	168798000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	161967000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	-1391000	USD
CY2017Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	19722000	USD
CY2018Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	8797000	USD
CY2017Q1	us-gaap	Financial Services Costs FinancialServicesCosts	819000	USD
CY2018Q1	us-gaap	Financial Services Costs FinancialServicesCosts	953000	USD
CY2017Q4	us-gaap	Financial Services Liabilities FinancialServicesLiabilities	966000	USD
CY2018Q1	us-gaap	Financial Services Liabilities FinancialServicesLiabilities	897000	USD
CY2017Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	2350000	USD
CY2018Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	2418000	USD
CY2017Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-5685000	USD
CY2017Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-5700000	USD
CY2018Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2017Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	816246000	USD
CY2018Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	869205000	USD
CY2017Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3217000	USD
CY2017Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3200000	USD
CY2018Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	4700000	USD
CY2018Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	4699000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	21459000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	46045000	USD
CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	760000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-426000	USD
CY2017Q1	us-gaap	Income Loss From Subsidiaries Net Of Tax IncomeLossFromSubsidiariesNetOfTax	0	USD
CY2018Q1	us-gaap	Income Loss From Subsidiaries Net Of Tax IncomeLossFromSubsidiariesNetOfTax	0	USD
CY2017Q1	us-gaap	Income Tax Credits And Adjustments IncomeTaxCreditsAndAdjustments	1100000	USD
CY2018Q1	us-gaap	Income Tax Credits And Adjustments IncomeTaxCreditsAndAdjustments	4000000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7200000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	117300000	USD
CY2018Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-6100000	USD
CY2017Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	836000	USD
CY2018Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1639000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	6788000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	6024000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-64105000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-54016000	USD
CY2017Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-7100000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-117068000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	36878000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	135311000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	5182000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	4862000	USD
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	8402000	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2749000	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2017Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	1210000	USD
CY2018Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	1352000	USD
CY2017Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	5000	USD
CY2018Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	0	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	6307000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	0	USD
CY2017Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	663000	USD
CY2018Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	-9536000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	-10981000	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	65343000	USD
CY2018Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	76324000	USD
CY2017Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	1236848000	USD
CY2018Q1	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	1293915000	USD
CY2017Q4	us-gaap	Inventory Land Held For Development And Sale InventoryLandHeldForDevelopmentAndSale	375199000	USD
CY2018Q1	us-gaap	Inventory Land Held For Development And Sale InventoryLandHeldForDevelopmentAndSale	381625000	USD
CY2017Q4	us-gaap	Inventory Land Held For Sale InventoryLandHeldForSale	21800000	USD
CY2018Q1	us-gaap	Inventory Land Held For Sale InventoryLandHeldForSale	27800000	USD
CY2017Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	3263386000	USD
CY2018Q1	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	3441574000	USD
CY2017Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1651339000	USD
CY2018Q1	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1766034000	USD
CY2017Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	198000	USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1003000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	64794000	USD
CY2018Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	68176000	USD
CY2017Q4	us-gaap	Investments In And Advances To Affiliates Amount Of Equity InvestmentsInAndAdvancesToAffiliatesAmountOfEquity	0	USD
CY2018Q1	us-gaap	Investments In And Advances To Affiliates Amount Of Equity InvestmentsInAndAdvancesToAffiliatesAmountOfEquity	0	USD
CY2017Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	37600000	USD
CY2018Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	36900000	USD
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CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4957101000	USD
CY2017Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	500000000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	250000000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	300000000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	800000000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	0	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	350000000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	673500000	USD
CY2018Q1	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	30000000	USD
CY2018Q1	us-gaap	Longterm Purchase Commitment Period LongtermPurchaseCommitmentPeriod	P3Y
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-154850000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9525000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8658000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8850000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	14832000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-77042000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-141680000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	14259000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-71255000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14159000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-71255000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-71255000	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Inventory Acquired1 NoncashOrPartNoncashAcquisitionInventoryAcquired1	7814000	USD
CY2018Q1	us-gaap	Noncash Or Part Noncash Acquisition Inventory Acquired1 NoncashOrPartNoncashAcquisitionInventoryAcquired1	36697000	USD
CY2017Q4	us-gaap	Notes And Loans Payable NotesAndLoansPayable	2324845000	USD
CY2018Q1	us-gaap	Notes And Loans Payable NotesAndLoansPayable	2359570000	USD
CY2018Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	5	segment
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	25277000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	44003000	USD
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CY2018Q1	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	6748000	USD
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CY2018Q1	us-gaap	Other Assets OtherAssets	108498000	USD
CY2017Q4	us-gaap	Other Receivables OtherReceivables	33797000	USD
CY2018Q1	us-gaap	Other Receivables OtherReceivables	38829000	USD
CY2017Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	15000	USD
CY2018Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	USD
CY2017Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2018Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2017Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	1015000	USD
CY2018Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	1924000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2543000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6787000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2215000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2322000	USD
CY2017Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2543000	USD
CY2018Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6787000	USD
CY2017Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	8750000	USD
CY2018Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	8025000	USD
CY2018Q1	us-gaap	Pledged Assets Not Separately Reported Real Estate PledgedAssetsNotSeparatelyReportedRealEstate	130900000	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	5360000	USD
CY2018Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	10711000	USD
CY2017Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1107000	USD
CY2018Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1099000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	662000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	2946000	USD
CY2017Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2018Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2017Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-45428000	USD
CY2018Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-3362000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	19521000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20807000	USD
CY2016Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	306723000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	311111000	USD
CY2017Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	262191000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	259785000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	39384000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	42350000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	50079000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	39944000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	105326000	USD
CY2017Q1	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	105326000	USD
CY2018Q1	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1735695000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1662118000	USD
CY2017Q1	us-gaap	Revenues Revenues	818596000	USD
CY2018Q1	us-gaap	Revenues Revenues	871623000	USD
CY2016Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	158584000	USD
CY2017Q1	us-gaap	Self Insurance Reserve SelfInsuranceReserve	159882000	USD
CY2017Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	177695000	USD
CY2018Q1	us-gaap	Self Insurance Reserve SelfInsuranceReserve	180695000	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	92889000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	95724000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3152000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3829000	USD
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	8038678	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	18.09
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	16208	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	103800000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	9265240	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	8980078	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	17.64
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	17.85
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	10.96
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	15.47
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.00
CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	92500000	USD
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CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y1M01D
CY2016Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	56682000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	57710000	USD
CY2017Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	69798000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	71845000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	6112000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	5717000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	7140000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	7764000	USD
CY2018Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	268954	shares
CY2018Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	0	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2946000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	1926311000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1852722000	USD
CY2017Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	16874000	USD
CY2018Q1	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	10659000	USD
CY2017Q4	us-gaap	Treasury Stock Value TreasuryStockValue	541380000	USD
CY2018Q1	us-gaap	Treasury Stock Value TreasuryStockValue	548365000	USD
CY2018Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6787000	USD
CY2017Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	85000	USD
CY2018Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
CY2017Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	85000	USD
CY2018Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	100000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	100000	USD
CY2018Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	3300000	USD
CY2018Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	3300000.00	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96273000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	87155000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	85122000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	87155000	shares
CY2018Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued Accounting Standards Update No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date,” which delayed the effective date of ASU 2014-09 by one year. In 2016 and 2017, the FASB issued accounting standards updates that amended several aspects of ASU 2014-09. ASU 2014-09, as amended, is effective for us beginning December 1, 2018, and allows for full retrospective or modified retrospective methods of adoption. We expect to adopt ASU 2014-09 under the modified retrospective method in our 2019 first quarter. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements and disclosures, and have been involved in industry specific discussions with the FASB on the treatment of certain items. We do not believe the adoption of ASU 2014-09 will have a material impact on the amount or timing of our homebuilding revenues. We are also continuing to evaluate the impact adopting this guidance may have on other aspects of our business.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued Accounting Standards Update No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”). ASU 2016-02 will require lessees to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Under this guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Lessor accounting remains substantially similar to current GAAP. In addition, disclosures of leasing activities are to be expanded to include qualitative along with specific quantitative information. ASU 2016-02 is effective for us beginning December 1, 2019 (with early adoption permitted), and mandates a modified retrospective transition method. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2018, the FASB issued Accounting Standards Update No. 2018-02, “Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” (“ASU 2018-02”), which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act (“TCJA”), and requires certain disclosures about stranded tax effects. ASU 2018-02 is effective for us beginning December 1, 2019 (with early adoption permitted), and shall be applied either in the period of adoption or retrospectively to each period (or periods) in which the effect of the change in the corporate income tax rate in the TCJA is recognized. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div></div>
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
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0000795266-18-000032-index.html	Edgar Link	pending
0000795266-18-000032.txt	Edgar Link	pending
0000795266-18-000032-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
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kbh-02282018x10q.htm	Edgar Link	pending
kbh-02282018xexhibitx311.htm	Edgar Link	pending
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kbh-20180228.xml	Edgar Link	completed
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2018 Q1 Form 10-Q Financial Statement

#000079526618000032 Filed on April 06, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$KBH KB HOME Stock $kbh

2018 Q1 Form 10-Q Financial Statement

#000079526618000032 Filed on April 06, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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