Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Data (Unaudited)

Schedule of quarterly financial data (unaudited)

	2014								2013
(in thousands, except per share data)		DEC. 31		SEPT. 30		JUN. 30		MAR. 31		DEC. 31			SEPT. 30		JUN. 30			MAR. 31
CONSOLIDATED RESULTS
Revenues	$	867,805	$	680,192	$	577,389	$	489,683	$	696,657		$	576,423	$	492,995		$	374,680
Homebuilding gross profit		192,373		148,345		120,053		101,486		150,265			115,832		97,917			71,165
Income from continuing operations before taxes		115,149		78,942		52,203		38,170		75,223			53,986		44,279			22,203
Tax expense (benefit)		43,447		30,414		20,161		14,643		2,917			428		(186,952	)		199
Net income from continuing operations		71,702		48,528		32,042		23,527		72,306			53,558		231,231			22,004
(Loss) income from discontinued operations, net of taxes		–		–		–		–		(61	)		91		(37	)		113
Net income	$	71,702	$	48,528	$	32,042	$	23,527	$	72,245		$	53,649	$	231,194		$	22,117
Net income per common share:
Basic
Continuing operations	$	1.55	$	1.04	$	0.68	$	0.50	$	1.56		$	1.16	$	5.01		$	0.48
Discontinued operations		0.00		0.00		0.00		0.00		0.00			0.00		0.00			0.00
Total		1.55		1.04		0.68		0.50		1.56			1.16		5.01			0.48
Diluted
Continuing operations		1.26		0.85		0.57		0.42		1.27			0.95		4.16			0.43
Discontinued operations		0.00		0.00		0.00		0.00		0.00			0.00		0.00			0.00
Total	$	1.26	$	0.85	$	0.57	$	0.42	$	1.27		$	0.95	$	4.16		$	0.43
Weighted-average common shares outstanding:
Basic		46,209		46,613		46,915		46,579		46,216			46,175		46,036			45,435
Diluted		57,784		58,212		58,431		58,127		57,807			57,679		55,690			53,362