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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest expense $ (24,185) $ (21,707) $ (23,559)
Income before taxes 846,911 661,697 603,212
Income tax expense (309,390) (236,435) (220,285)
Net income $ 537,521 $ 425,262 $ 382,927
Basic earnings per share (USD per share) $ 144.00 $ 110.53 $ 95.21
Diluted earnings per share (USD per share) $ 126.77 $ 103.61 $ 89.99
Basic weighted average shares outstanding (in Shares) 3,733 3,847 4,022
Diluted weighted average shares outstanding (in Shares) 4,240 4,104 4,255
Homebuilding:      
Revenues $ 6,175,521 $ 5,709,223 $ 5,065,200
Other income 6,536 2,820 2,956
Cost of sales (4,990,378) (4,707,861) (4,118,782)
Selling, general and administrative (392,272) (382,459) (371,127)
Operating income 799,407 621,723 578,247
Interest expense (23,037) (20,621) (22,918)
Income before taxes 776,370 601,102 555,329
Mortgage Banking:      
Mortgage banking fees 130,319 113,321 93,808
Interest income 7,850 7,569 6,485
Other income 2,048 1,652 1,113
General and administrative (68,528) (60,861) (52,882)
Interest expense (1,148) (1,086) (641)
Income before taxes $ 70,541 $ 60,595 $ 47,883