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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues $ 1,911,264 $ 1,852,407 $ 5,398,469 $ 5,169,126
Interest expense (6,293) (6,197) (18,809) (18,808)
Income before taxes 267,174 249,710 730,493 682,294
Income tax expense (43,387) (53,894) (108,091) (117,255)
Net income $ 223,787 $ 195,816 $ 622,402 $ 565,039
Basic earnings per share (USD per share) $ 60.94 $ 54.21 $ 171.43 $ 155.22
Diluted earnings per share (USD per share) $ 56.11 $ 48.28 $ 156.61 $ 136.53
Basic weighted average shares outstanding (in shares) 3,672 3,612 3,631 3,640
Diluted weighted average shares outstanding (in shares) 3,988 4,056 3,974 4,139
Home Building [Member]        
Revenues $ 1,873,331 $ 1,809,345 $ 5,273,985 $ 5,049,901
Other income 6,696 2,840 18,266 6,981
Cost of Goods and Services Sold 1,518,276 1,472,649 4,282,470 4,101,392
Selling, general and administrative (109,969) (109,372) (337,913) (321,436)
Operating income 251,782 230,164 671,868 634,054
Interest expense (6,008) (5,968) (18,034) (18,022)
Income before taxes 245,774 224,196 653,834 616,032
Mortgage Banking [Member]        
Revenues 37,933 43,062 124,484 119,225
Interest income 3,340 3,362 8,910 8,370
Other income 819 659 2,039 1,824
General and administrative (20,407) (21,340) (57,999) (62,371)
Interest expense (285) (229) (775) (786)
Income before taxes $ 21,400 $ 25,514 $ 76,659 $ 66,262