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Note 23 - Results of Quarterly Operations (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

23.          Results of Quarterly Operations (Unaudited)


   

Quarter

 
   

First

   

Second

   

Third

   

Fourth

 
   

(Dollars in thousands, except per share amounts)

 
2013                                 

Home sales revenue

  $ 331,748     $ 400,327     $ 433,693     $ 460,939  

Total revenue

  $ 344,254     $ 416,018     $ 448,000     $ 472,162  

Asset impairments

  $ -     $ -     $ (350 )   $ (569 )

Gross margin from home sales (including impairments)

    17.4 %     18.1 %     18.1 %     17.4 %

Selling, general and administrative expenses

  $ 48,201     $ 51,908     $ 57,753     $ 55,421  

Income before income taxes

  $ 22,586     $ 38,012     $ 34,909     $ 34,318  

Net income

  $ 22,516     $ 224,909     $ 36,251     $ 30,709  

Earnings per share:

                               

Basic

  $ 0.46     $ 4.60     $ 0.73     $ 0.62  

Diluted

  $ 0.45     $ 4.56     $ 0.73     $ 0.62  
                                 

2012

                               

Home sales revenue

  $ 184,678     $ 256,532     $ 320,647     $ 389,141  

Total revenue

  $ 193,988     $ 268,934     $ 334,330     $ 405,773  

Asset impairments

  $ -     $ -     $ -     $ 1,105  

Gross margin from home sales (including impairments)

    14.1 %     14.2 %     15.5 %     16.7 %

Selling, general and administrative expenses

  $ 34,124     $ 39,223     $ 44,788     $ 49,160  

Income before income taxes

  $ 2,125     $ 9,655     $ 19,484     $ 29,851  

Net income

  $ 2,265     $ 10,638     $ 20,126     $ 29,670  

Earnings per share:

                               

Basic

  $ 0.04     $ 0.22     $ 0.41     $ 0.60  

Diluted

  $ 0.04     $ 0.22     $ 0.41     $ 0.59