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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Homebuilding $ 284,593 $ 204,925 $ 494,128 $ 366,353
Financial services 9,176 6,923 15,510 13,167
TOTAL REVENUES 293,769 211,848 509,638 379,520
EXPENSES        
Cost of sales 231,130 176,226 403,820 318,690
Selling, general and administrative 39,368 31,349 71,576 61,893
Financial services 6,232 4,859 11,921 9,894
Corporate 7,139 4,925 12,319 9,912
Interest 4,180 4,735 7,749 10,522
TOTAL EXPENSES 288,049 222,094 507,385 410,911
OTHER INCOME        
Gain from marketable securities, net 519 1,302 965 2,610
Loss related to early retirement of debt, net 0 (857) 0 (857)
TOTAL OTHER INCOME 519 445 965 1,753
Income (loss) from continuing operations before taxes 6,239 (9,801) 3,218 (29,638)
Tax expense (benefit) 190 0 190 (2,398)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 6,049 (9,801) 3,028 (27,240)
Income (loss) from discontinued operations, net of taxes 223 (912) (1,864) (3,009)
NET INCOME (LOSS) $ 6,272 $ (10,713) $ 1,164 $ (30,249)
Basic        
Continuing operations (in dollars per share) $ 0.14 $ (0.22) $ 0.07 $ (0.61)
Discontinued operations (in dollars per share) $ 0.00 $ (0.02) $ (0.04) $ (0.07)
Total (in dollars per share) $ 0.14 $ (0.24) $ 0.03 $ (0.68)
Diluted        
Continuing operations (in dollars per share) $ 0.14 $ (0.22) $ 0.07 $ (0.61)
Discontinued operations (in dollars per share) $ 0.00 $ (0.02) $ (0.04) $ (0.07)
Total (in dollars per share) $ 0.14 $ (0.24) $ 0.03 $ (0.68)
AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 44,627,548 44,368,874 44,551,441 44,303,958
Diluted (in shares) 48,570,825 44,368,874 44,938,772 44,303,958
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.06