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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest expense $ (909)   $ (1,726) $ (808)
Income (loss) before income taxes 38,012 9,655 60,598 11,780
Benefit from income taxes 186,897 983 186,827 1,123
Net income 224,909 10,638 247,425 12,903
Other comprehensive income (loss):        
Unrealized gain (loss) related to available-for-sale securities, net of tax (1,995) (698) 540 5,850
Comprehensive income 222,914 9,940 247,965 18,753
Earnings per share:        
Basic $ 4.60 $ 0.22 $ 5.07 $ 0.27
Diluted $ 4.56 $ 0.22 $ 5.02 $ 0.27
Weighted average common shares outstanding:        
Basic 48,447,005 47,398,088 48,410,486 47,367,051
Diluted 48,914,984 47,516,258 48,916,988 47,462,544
Dividends declared per share   $ 0.25   $ 0.50
Homebuilding [Member]
       
Home sale revenues 400,327 256,532 732,075 441,210
Land sale revenues 1,807 1,815 1,807 3,405
Total home sale and land revenues 402,134 258,347 733,882 444,615
Home cost of sales (327,927) (220,220) (602,003) (378,874)
Land cost of sales (1,435) (1,718) (1,435) (3,208)
Total cost of sales (329,362) (221,938) (603,438) (382,082)
Gross margin 72,772 36,409 130,444 62,533
Selling, general and administrative expenses (51,908) (39,223) (100,109) (73,347)
Interest income 8,504 5,373 14,686 11,286
Interest expense (909)   (1,726) (808)
Other income (expense) 1,330 418 1,341 576
Income (loss) before income taxes 29,789 2,977 44,636 240
Financial Services [Member]
       
Revenues 13,884 10,587 26,390 18,306
Expenses (6,581) (4,640) (12,223) (8,305)
Interest and other income 920 731 1,795 1,539
Income (loss) before income taxes $ 8,223 $ 6,678 $ 15,962 $ 11,540