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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 838,516 $ 1,071,796 $ 2,455,506 $ 2,825,729
Income before income taxes 99,551 196,500 286,201 499,098
Provision for income taxes (22,942) (45,923) (71,764) (122,084)
Net income 76,609 150,577 214,437 377,014
Net income attributable to noncontrolling interests (1,207) (1,351) (3,569) (3,927)
Net income available to common stockholders $ 75,402 $ 149,226 $ 210,868 $ 373,087
Earnings Per Share Reconciliation [Abstract]        
Basic (in dollars per share) $ 0.77 $ 1.47 $ 2.12 $ 3.60
Diluted (in dollars per share) $ 0.76 $ 1.45 $ 2.10 $ 3.57
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic (in shares) 98,018,498 101,242,708 99,534,570 103,555,717
Diluted (in shares) 99,030,210 102,661,222 100,458,357 104,526,594
Homebuilding Segment        
Revenues $ 827,758 $ 1,060,791 $ 2,425,502 $ 2,793,744
Other operations expense 724 670 2,171 2,020
Sales and marketing 42,874 41,950 127,977 112,712
General and administrative 58,359 54,786 158,949 160,071
Homebuilding income from operations 83,253 190,981 244,927 483,706
Equity in income (loss) of unconsolidated entities 3 (122) 272 (34)
Other income, net 11,664 463 30,361 852
Homebuilding income before income taxes 94,920 191,322 275,560 484,524
Income before income taxes 94,920 191,322 275,560 484,524
Financial Services Segment        
Revenues 10,758 11,005 30,004 31,985
Expenses 6,127 5,827 19,363 17,457
Equity in income of unconsolidated entities 0 0 0 46
Financial services income before income taxes 4,631 5,178 10,641 14,574
Income before income taxes 4,631 5,178 10,641 14,574
Home sales revenue | Homebuilding Segment        
Revenues 825,295 1,057,491 2,412,777 2,787,386
Cost of home, land and lot sales 641,074 771,148 1,881,191 2,033,160
Land and lot sales revenue | Homebuilding Segment        
Revenues 1,714 2,626 10,506 4,337
Cost of home, land and lot sales 1,474 1,256 10,287 2,075
Other operations revenue | Homebuilding Segment        
Revenues $ 749 $ 674 $ 2,219 $ 2,021