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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Taxes [Abstract]  
Schedule of Income Tax Expense

Year Ended December 31,

2023

2022

2021

Current

Federal

$

73,003

$

119,255

$

120,448

State and local

14,745

32,136

30,871

Total current

87,748

151,391

151,319

Deferred

Federal

3,020

361

(7,151)

State and local

838

22

(1,550)

Total deferred

3,858

383

(8,701)

Income tax expense

$

91,606

$

151,774

$

142,618

Schedule of Components of Income Tax Expense by Expense

Year Ended December 31,

2023

2022

2021

Federal statutory income tax expense

$

73,652

$

142,149

$

134,636

State income tax expense, net of federal income tax expense benefit

12,966

26,284

24,123

Executive compensation

9,507

5,889

3,520

Excess tax benefits upon vesting of share based payment awards

(311)

(675)

(764)

Federal energy credits

(2,596)

(18,324)

(16,451)

State tax credits

(185)

(635)

(1,220)

Other

(1,427)

(2,914)

(1,226)

Income tax expense

$

91,606

$

151,774

$

142,618

Schedule of Deferred Tax Assets and Liabilities

As of December 31,

2023

2022

Deferred tax assets

Warranty reserves

$

2,775

$

3,221

Stock-based compensation

1,682

1,320

Accrued compensation and other

12,812

13,614

Inventories, additional costs capitalized for tax

18,896

13,301

Lease liabilities

4,130

3,587

Other

6,518

4,443

Deferred tax asset

46,813

39,486

Deferred tax liabilities

Prepaid expenses

(284)

(362)

Property and equipment

(13,061)

(7,791)

Mortgage servicing rights

(7,449)

(5,925)

Right of use assets

(3,909)

(3,302)

Other

(5,112)

(1,250)

Deferred tax liability

(29,815)

(18,630)

Net deferred tax asset

$

16,998

$

20,856