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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 1,132,697 $ 775,071 $ 771,303 $ 583,676 $ 1,128,520 $ 717,735 $ 570,626 $ 393,391 $ 3,262,747 $ 2,810,272 $ 2,405,142
Other operations expense                 3,174 2,298 2,247
Sales and marketing                 187,267 137,066 127,903
General and administrative                 155,030 137,764 124,119
Homebuilding income from operations                 353,204 343,634 295,959
Equity in (loss) income of unconsolidated entities                 (393) (11,433) 179
Other (loss) income, net                 (419) 151 312
Homebuilding income before income taxes                 352,392 332,352 296,450
Equity in income of unconsolidated entities                 8,517 6,426 4,810
Financial services income before income taxes                 9,673 7,466 5,777
Income before income taxes                 362,065 339,818 302,227
Provision for income taxes                 (90,552) (152,267) (106,094)
Net income 100,984 63,969 63,680 42,880 74,242 72,289 32,803 8,217 271,513 187,551 196,133
Net income attributable to noncontrolling interests (1,602) 0 0 0 (222) (25) (89) (24) (1,602) (360) (962)
Net income available to common stockholders $ 99,382 $ 63,969 $ 63,680 $ 42,880 $ 74,020 $ 72,264 $ 32,714 $ 8,193 $ 269,911 $ 187,191 $ 195,171
Earnings per share                      
Basic (in dollars per share) $ 0.70 $ 0.43 $ 0.42 $ 0.28 $ 0.49 $ 0.48 $ 0.21 $ 0.05 $ 1.82 $ 1.21 $ 1.21
Diluted (in dollars per share) $ 0.70 $ 0.43 $ 0.42 $ 0.28 $ 0.49 $ 0.48 $ 0.21 $ 0.05 $ 1.81 $ 1.21 $ 1.21
Weighted average shares outstanding                      
Basic (shares)                 148,183,431 154,134,411 160,859,782
Diluted (shares)                 149,004,690 155,085,366 161,381,499
Home sales                      
Home sales                 $ 3,244,087 $ 2,732,299 $ 2,329,336
Cost of home sales                 2,536,899 2,173,251 1,836,327
Land and lot sales                      
Home sales                 8,758 74,269 72,272
Cost of home sales                 25,435 14,888 17,367
Other operations                      
Revenues                 8,164 2,333 2,314
Homebuilding                      
Revenues                 3,261,009 2,808,901 2,403,922
Financial services                      
Revenues                 1,738 1,371 1,220
Cost of home sales                 $ 582 $ 331 $ 253