v3.25.2
Segment information - Schedule of Financial Information By Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Home closing revenue $ 223,924 $ 220,933 $ 448,646 $ 410,142  
Cost of home closings 171,985 161,875 343,177 301,624  
Home closing gross profit 51,939 59,058 105,469 108,518  
Less:          
Selling, general and administrative costs 34,702 31,809 67,701 59,350  
Corporate selling, general, and administrative costs 34,702 31,809 67,701 59,350  
Income before income taxes 17,179 25,866 36,746 47,273  
Assets 570,219   570,219   $ 475,901
Goodwill 25,726   25,726   25,726
Devon Street Homes, L.P          
Less:          
Goodwill 25,700   25,700    
Reportable Geographical Components          
Less:          
Selling, general and administrative costs 23,369 20,024 45,159 38,082  
Other segment items 234 100 1,109 214  
Segment profit 28,336 38,934 59,201 70,222  
Corporate selling, general, and administrative costs 23,369 20,024 45,159 38,082  
Other corporate items 234 100 1,109 214  
Assets 539,865   539,865   435,483
Reportable Geographical Components | Southeast          
Segment Reporting Information [Line Items]          
Home closing revenue 141,267 124,392 279,485 227,887  
Cost of home closings 104,963 87,147 206,107 159,654  
Home closing gross profit 36,304 37,245 73,378 68,233  
Less:          
Selling, general and administrative costs 14,220 11,594 27,406 21,519  
Other segment items 93 53 126 111  
Segment profit 21,991 25,598 45,846 46,603  
Corporate selling, general, and administrative costs 14,220 11,594 27,406 21,519  
Other corporate items 93 53 126 111  
Assets 291,252   291,252   230,226
Reportable Geographical Components | Central          
Segment Reporting Information [Line Items]          
Home closing revenue 82,657 96,541 169,161 182,255  
Cost of home closings 67,022 74,728 137,070 141,970  
Home closing gross profit 15,635 21,813 32,091 40,285  
Less:          
Selling, general and administrative costs 9,149 8,430 17,753 16,563  
Other segment items 141 47 983 103  
Segment profit 6,345 13,336 13,355 23,619  
Corporate selling, general, and administrative costs 9,149 8,430 17,753 16,563  
Other corporate items 141 47 983 103  
Assets 248,613   248,613   205,257
Corporate          
Less:          
Selling, general and administrative costs 11,333 11,785 22,542 21,268  
Other segment items (176) 1,283 (87) 1,681  
Corporate selling, general, and administrative costs 11,333 11,785 22,542 21,268  
Other corporate items (176) $ 1,283 (87) $ 1,681  
Assets $ 30,354   $ 30,354   $ 40,418