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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Inventory impairments $ (10,173) $ (8,775) $ (1,760)
Interest expense (685)
Losses on early extinguishments of debt (18,153)
Other-than-temporary impairment of marketable securities (1,443) (3,969) (4,293)
Pretax income 151,781 101,424 100,475
Income before income taxes 151,781 101,424 100,475
Provision for income taxes (48,570) (35,633) (37,332)
Net income 103,211 65,791 63,143
Other comprehensive income (loss) related to available-for-sale securities, net of tax 6,356 5,260 (1,120)
Comprehensive income $ 109,567 $ 71,051 $ 62,023
Earnings per share:      
Basic (in dollars per share) $ 2.01 $ 1.28 $ 1.23
Diluted (in dollars per share) $ 2 $ 1.28 $ 1.23
Weighted average common shares outstanding      
Basic (in shares) 51,286,942 51,202,616 51,046,318
Diluted (in shares) 51,447,147 51,415,580 51,258,444
Homebuilding Segment [Member]      
Home sales revenue $ 2,257,153 $ 1,847,889 $ 1,647,398
Land sale revenues 5,700 12,337 3,233
Total home and land sale revenues 2,262,853 1,860,226 1,650,631
Home cost of sales (1,884,391) (1,539,396) (1,365,621)
Land cost of sales (4,866) (12,611) (2,559)
Inventory impairments (10,173) (9,993) (1,760)
Total cost of sales (1,899,430) (1,562,000) (1,369,940)
Gross margin 363,423 298,226 280,691
Selling, general and administrative expenses (250,540) (226,317) (203,253)
Interest and other income 7,012 6,709 26,310
Interest expense (685)
Other expense (3,447) (4,208) (4,813)
Losses on early extinguishments of debt (18,153)
Other-than-temporary impairment of marketable securities (1,070) (3,969) (4,293)
Pretax income 115,378 70,441 75,804
Income before income taxes 115,378 70,441 75,804
Financial Services Segment [Member]      
Other-than-temporary impairment of marketable securities (373)
Pretax income 36,403 30,983 24,671
Revenues 63,991 48,810 43,953
Expenses (30,920) (21,572) (22,334)
Interest and other income 3,705 3,745 3,052
Income before income taxes $ 36,403 $ 30,983 $ 24,671