XML 73 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Line Items]  
Schedule Of Pro Forma Information

Year ended December 31,

2018

2017

Total revenues

$

2,297,804

$

1,990,577

Income before tax expense

$

148,245

$

111,038

Income tax expense

(37,061)

(31,753)

Net income

$

111,184

$

79,285

Less: Undistributed earnings allocated to participating securities

(68)

(517)

Numerator for basic and diluted pro forma EPS

$

111,116

$

78,768

Pro forma weighted average shares-basic

30,084,913

28,456,725

Pro forma weighted average shares-diluted

30,391,346

28,760,635

Pro forma basic EPS

$

3.69

$

2.77

Pro forma diluted EPS

$

3.66

$

2.74

UCP, Inc [Member]  
Business Combinations [Line Items]  
Summary Of Total Consideration

UCP shares (including noncontrolling interest) as of August 3, 2017

18,085

Cash paid per share

$

5.32

Cash consideration

$

96,213

Cash consideration pertaining to stockholder exercising appraisal rights

$

3,937

Total cash consideration

$

100,150

UCP shares (including noncontrolling interest) as of August 3, 2017

18,085

Exchange ratio

0.2309

Number of CCS shares issued

4,176

Closing price of CCS common stock on August 3, 2017

$

25.80

Consideration attributable to common stock

$

107,737

Total replacement award value

$

1,149

Total equity consideration

$

108,886

Total consideration in cash and equity

$

209,036

Schedule Of Fair Values Of Assets Acquired And Liabilities Assumed

Cash and cash equivalents

$

20,264

Accounts receivable

7,897

Inventories

390,234

Prepaid expenses and other assets

6,988

Property and equipment, net

717

Deferred tax asset, net

11,984

Goodwill

5,713

Total assets

$

443,797

Accounts payable

$

10,712

Accrued expenses and other liabilities

71,130

Notes payable

152,919

Total liabilities

234,761

Purchase price/Net equity

$

209,036

Sundquist Homes [Member]  
Business Combinations [Line Items]  
Schedule Of Fair Values Of Assets Acquired And Liabilities Assumed

Accounts receivable

$

11

Inventories

55,077

Prepaid expenses and other assets

1,050

Property and equipment, net

142

Total assets

$

56,280

Accounts payable

$

3,646

Accrued expenses and other liabilities

2,431

Total liabilities

6,077

Purchase price/Net equity

$

50,203

Wade Jurney Homes [Member]  
Business Combinations [Line Items]  
Schedule Of Fair Values Of Assets Acquired And Liabilities Assumed

Cash and cash equivalents

$

9,464

Cash held in escrow

260

Accounts receivable

1,042

Inventories

156,828

Prepaid expenses and other assets

7,710

Amortizable intangible assets

3,600

Goodwill

3,317

$

182,221

Accounts payable

$

12,516

Accrued expenses and other liabilities

2,349

Senior notes and revolving line of credit

94,231

Total liabilities

109,096

Net assets acquired

$

73,125

Schedule Of Total Consideration Transferred

Cash consideration transferred for 50% ownership interest

$

37,500

Previously held equity interest acquisition date fair value

35,625

Net assets acquired

$

73,125