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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Homebuilding:    
Home sale revenues $ 1,337,699 $ 1,179,165
Land sale revenues 6,518
Total revenues 1,337,699 1,185,683
Cost of home sales (1,062,855) (932,128)
Cost of land sales (6,367)
Total cost of sales (1,062,855) (938,495)
Gross margin 274,844 247,188
Selling, general and administrative expenses (156,276) (136,701)
Income (loss) from unconsolidated joint ventures 3,888 1,189
Other income (expense) (169) (3,408)
Homebuilding pretax income 122,287 108,268
Financial Services:    
Revenues 19,956 17,552
Expenses (12,375) (10,616)
Financial services pretax income 7,581 6,936
Income before taxes 129,868 115,204
Provision for income taxes (47,248) (42,543)
Net income 82,620 72,661
Less: Net income allocated to unvested restricted stock (301) (113)
Net income available to common stockholders $ 82,319 $ 72,548
Income Per Common Share:    
Basic (in dollars per share) $ 0.72 $ 0.60
Diluted (in dollars per share) $ 0.62 $ 0.52
Weighted Average Common Shares Outstanding:    
Basic (in shares) 114,487,245 120,814,939
Diluted (in shares) 132,505,435 138,430,580
Cash Dividends Declared Per Common Share (in dollars per share) $ 0.04 $ 0.04