XML 128 R104.htm IDEA: XBRL DOCUMENT v3.20.4
Results of Quarterly Operations (Unaudited) - Results of Quarterly Operations (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Revenues $ 1,225,166 $ 1,037,352 $ 919,722 $ 718,971 $ 1,104,468 $ 772,662 $ 751,441 $ 664,682 $ 3,901,211 $ 3,293,253 $ 3,065,216
Asset impairments $ 0 $ 0 $ 0 $ 0 $ (325) $ 0 $ 0 $ (610)      
Gross margin from home sales (including impairments) 22.00% 20.50% 20.20% 19.90% 18.50% 18.80% 19.50% 18.90%      
Homebuilding selling, general and administrative expenses $ 117,949 $ 103,632 $ 92,316 $ 89,321 $ 105,101 $ 92,716 $ 82,712 $ 82,261      
Income before income taxes 171,294 126,018 111,638 48,562 112,246 62,806 74,331 55,606 457,512 304,989 263,854
Net Income $ 147,488 $ 98,938 $ 84,396 $ 36,760 $ 92,589 $ 50,580 $ 54,593 $ 40,550 $ 367,582 $ 238,312 $ 210,780
Basic ( in dollars per share) $ 2.27 $ 1.54 $ 1.33 $ 0.58 $ 1.48 $ 0.81 $ 0.88 $ 0.66 $ 5.76 $ 3.84 $ 3.46
Diluted (in dollars per share) $ 2.19 $ 1.49 $ 1.31 $ 0.56 $ 1.42 $ 0.79 $ 0.86 $ 0.64 $ 5.58 $ 3.72 $ 3.39
Home Building                      
Disaggregation of Revenue [Line Items]                      
Revenues $ 1,180,987 $ 1,000,549 $ 886,758 $ 697,085 $ 1,074,852 $ 750,274 $ 732,844 $ 647,278