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Note 16 - Results of Quarterly Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

16. Results of Quarterly Operations (Unaudited) 


   

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

   

Total (1)

 
    (Dollars in thousands, except per share amounts)  

2015:

                                       

Revenues

  $ 475,671     $ 707,044     $ 659,200     $ 1,698,198     $ 3,540,113  

Homebuilding gross margin

  $ 114,105     $ 171,941     $ 159,756     $ 330,669     $ 776,471  

Net income

  $ 31,605     $ 57,198     $ 47,177     $ 77,529     $ 213,509  

Basic income per common share

  $ 0.45     $ 0.80     $ 0.65     $ 0.64     $ 2.51  

Diluted income per common share

  $ 0.40     $ 0.70     $ 0.59     $ 0.56     $ 2.26  

2014:

                                       

Revenues

  $ 465,381     $ 598,850     $ 611,323     $ 760,944     $ 2,436,498  

Homebuilding gross margin

  $ 118,950     $ 157,940     $ 159,060     $ 182,433     $ 618,383  

Net income

  $ 38,159     $ 56,463     $ 56,599     $ 64,644     $ 215,865  

Basic income per common share

  $ 0.50     $ 0.75     $ 0.77     $ 0.88     $ 2.94  

Diluted income per common share

  $ 0.45     $ 0.70     $ 0.70     $ 0.80     $ 2.68  

(1)

Per share amounts do not add across due to rounding differences in quarterly amounts and due to the impact of differences between the quarterly and annual weighted average share calculations.