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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues $ 1,852,407 $ 1,667,920 $ 5,169,126 $ 4,489,504
Interest expense (6,197) (6,120) (18,808) (17,870)
Income before taxes 249,710 244,464 682,294 585,593
Income tax expense (53,894) (82,362) (117,255) (172,691)
Net income $ 195,816 $ 162,102 $ 565,039 $ 412,902
Basic earnings per share (USD per share) $ 54.21 $ 43.26 $ 155.22 $ 110.60
Diluted earnings per share (USD per share) $ 48.28 $ 38.02 $ 136.53 $ 98.33
Basic weighted average shares outstanding (in shares) 3,612 3,747 3,640 3,733
Diluted weighted average shares outstanding (in shares) 4,056 4,263 4,139 4,199
Home Building [Member]        
Revenues $ 1,809,345 $ 1,633,726 $ 5,049,901 $ 4,394,027
Other income 2,840 1,715 6,981 4,264
Cost of Goods and Services Sold 1,472,649 1,307,971 4,101,392 3,552,071
Selling, general and administrative (109,372) (95,606) (321,436) (294,610)
Operating income 230,164 231,864 634,054 551,610
Interest expense (5,968) (5,821) (18,022) (17,040)
Income before taxes 224,196 226,043 616,032 534,570
Mortgage Banking [Member]        
Revenues 43,062 34,194 119,225 95,477
Interest income 3,362 1,953 8,370 5,168
Other income 659 583 1,824 1,398
General and administrative (21,340) (18,010) (62,371) (50,190)
Interest expense (229) (299) (786) (830)
Income before taxes $ 25,514 $ 18,421 $ 66,262 $ 51,023