Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Mar. 31, 2016 |
Mar. 31, 2015 |
| Homebuilding |
|
|
| Home sale revenues |
$ 1,394,243
|
$ 1,088,158
|
| Land sale revenues |
2,487
|
17,542
|
| Total homebuilding revenues |
1,396,730
|
1,105,700
|
| Financial Services |
35,848
|
27,598
|
| Consolidated revenues |
1,432,578
|
1,133,298
|
| Homebuilding Cost of Revenues: |
|
|
| Home sale cost of revenues |
1,089,329
|
841,145
|
| Land sale cost of revenues |
2,028
|
13,378
|
| Total cost of revenues |
1,091,357
|
854,523
|
| Financial Services expenses |
26,119
|
22,541
|
| Selling, general, and administrative expenses |
191,015
|
161,312
|
| Other expense (income), net |
5,874
|
(883)
|
| Income before income taxes |
118,213
|
95,805
|
| Income tax expense |
34,913
|
40,834
|
| Net income |
$ 83,300
|
$ 54,971
|
| Per share: |
|
|
| Basic earnings (usd per share) |
$ 0.24
|
$ 0.15
|
| Diluted earnings (usd per share) |
0.24
|
0.15
|
| Cash dividends declared (usd per share) |
$ 0.09
|
$ 0.08
|
| Number of shares used in calculation: |
|
|
| Basic shares outstanding (shares) |
347,815
|
366,748
|
| Effect of dilutive securities (shares) |
2,662
|
3,362
|
| Diluted shares outstanding (shares) |
350,477
|
370,110
|