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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 192,268 $ 201,060
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 80,841 117,783
Land-related charges 129,108 10,522
Depreciation and amortization 26,023 26,705
Share-based compensation expense 20,871 16,906
Other, net (1,536) (732)
Increase (decrease) in cash due to:    
Inventories (486,393) (810,417)
Residential mortgage loans available-for-sale 172,943 78,460
Other assets 15,309 (15,506)
Accounts payable, accrued and other liabilities 26,892 55,113
Net cash provided by (used in) operating activities 176,326 (320,106)
Cash flows from investing activities:    
Capital expenditures (16,892) (21,044)
Investment in unconsolidated subsidiaries (17,832) (13,769)
Cash used for business acquisition 0 (430,025)
Other investing activities, net 3,143 5,473
Net cash used in investing activities (31,581) (459,365)
Cash flows from financing activities:    
Proceeds from debt issuance 0 986,084
Repayments of debt (2,153) (484,974)
Borrowings under revolving credit facility 110,000 358,000
Repayments under revolving credit facility (110,000) (358,000)
Financial Services borrowings (repayments) (177,918) (78,320)
Stock option exercises 15,966 742
Share repurchases (405,819) (100,806)
Dividends paid (58,214) (63,019)
Net cash provided by (used in) financing activities (628,138) 259,707
Net increase (decrease) (483,393) (519,764)
Cash, cash equivalents, and restricted cash at beginning of period 723,248 775,435
Cash, cash equivalents, and restricted cash at end of period 239,855 255,671
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (2,359) (14,671)
Income taxes paid (refunded), net $ (10,980) $ (5,457)