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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Inventory impairments $ (550) $ (4,850)
Other-than-temporary impairment of marketable securities   (100)
Pretax income 50,532 36,360
Income before income taxes 50,532 36,360
Provision for income taxes (11,768) (14,111)
Net income 38,764 22,249
Other comprehensive income related to available for sale securities, net of tax 1,986
Comprehensive income $ 38,764 $ 24,235
Earnings per share:    
Basic (in dollars per share) $ 0.69 $ 0.40
Diluted (in dollars per share) $ 0.68 $ 0.40
Weighted average common shares outstanding:    
Basic (in shares) 55,871,087 55,448,161
Diluted (in shares) 56,895,892 55,717,218
Dividends declared per share (in dollars per share) $ 0.30 $ 0.23
Homebuilding Segment [Member]    
Revenues $ 607,688 $ 563,726
Cost of sales (497,182) (474,003)
Inventory impairments (550) (4,850)
Gross profit 110,506 89,723
Selling, general, and administrative expenses (71,341) (66,298)
Interest and other income 1,859 2,327
Other expense (563) (351)
Other-than-temporary impairment of marketable securities (50)
Pretax income 40,461 25,351
Income before income taxes 40,461 25,351
Homebuilding Segment [Member] | Home Building [Member]    
Revenues 607,688 563,479
Cost of sales (496,632) (468,942)
Homebuilding Segment [Member] | Land [Member]    
Revenues 247
Cost of sales (211)
Financial Services Segment [Member]    
Revenues 19,035 17,979
Other expense (1,153)
Other-than-temporary impairment of marketable securities (51)
Pretax income 10,071 11,009
Expenses (8,831) (7,898)
Interest and other income 1,020 979
Income before income taxes $ 10,071 $ 11,009