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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Homebuilding $ 562,909 $ 349,196 $ 1,404,401 $ 843,324
Financial services 13,514 9,497 39,697 25,007
TOTAL REVENUES 576,423 358,693 1,444,098 868,331
EXPENSES        
Cost of sales 447,077 281,961 1,119,487 685,781
Selling, general and administrative 66,734 48,281 175,704 132,176
Financial services 7,497 6,111 21,733 18,032
Interest 1,277 3,236 8,120 10,985
TOTAL EXPENSES 522,585 339,589 1,325,044 846,974
OTHER INCOME (LOSS)        
Gain from marketable securities, net 148 472 1,414 1,437
Loss related to early retirement of debt, net 0 (9,146) 0 (9,146)
TOTAL OTHER INCOME (LOSS) 148 (8,674) 1,414 (7,709)
Income from continuing operations before taxes 53,986 10,430 120,468 13,648
Tax expense (benefit) 428 23 (186,325) 213
NET INCOME FROM CONTINUING OPERATIONS 53,558 10,407 306,793 13,435
Income (loss) from discontinued operations, net of taxes 91 238 167 (1,626)
NET INCOME $ 53,649 $ 10,645 $ 306,960 $ 11,809
Basic        
Continuing operations (in dollars per share) $ 1.16 $ 0.23 $ 6.67 $ 0.30
Discontinued operations (in dollars per share) $ 0.00 $ 0.01 $ 0.00 $ (0.04)
Total (in dollars per share) $ 1.16 $ 0.24 $ 6.67 $ 0.26
Diluted        
Continuing operations (in dollars per share) $ 0.95 $ 0.21 $ 5.55 $ 0.30
Discontinued operations (in dollars per share) $ 0.00 $ 0.01 $ 0.00 $ (0.04)
Total (in dollars per share) $ 0.95 $ 0.22 $ 5.55 $ 0.26
AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 46,174,767 44,825,943 45,882,932 44,643,139
Diluted (in shares) 57,678,989 52,465,770 55,658,536 44,979,908
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.03 $ 0.09 $ 0.09