Quarterly Results (unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (unaudited)

Quarterly Results (unaudited)

The following table sets forth unaudited selected financial data and operating information on a quarterly basis for the years ended December 31, 2020 and 2019.

	Year Ended December 31, 2020
	4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
Homebuilding data:
Revenues	$	2,263,673	$	1,920,751	$	1,588,758	$	1,555,707
Gross profit	$	441,552	$	384,707	$	304,265	$	260,964
Mortgage Banking data:
Mortgage banking fees	$	80,342	$	69,261	$	31,610	$	26,821
Loans closed	$	1,659,219	$	1,382,060	$	1,144,428	$	1,132,104
Consolidated data:
Net income	$	305,004	$	256,466	$	164,075	$	175,703
Diluted earnings per share	$	76.93	$	65.11	$	42.50	$	44.96
Operating data:
New orders (units)	5,485		6,681		5,901		5,015
Settlements (units)	6,060		5,180		4,296		4,230
Backlog (units)	11,549		12,124		10,623		9,018

	Year Ended December 31, 2019
	4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
Homebuilding data:
Revenues	$	1,946,859	$	1,873,331	$	1,757,448	$	1,643,206
Gross profit	$	379,467	$	355,055	$	332,060	$	304,400
Mortgage Banking data:
Mortgage banking fees	$	43,336	$	37,933	$	42,746	$	43,805
Loans closed	$	1,418,742	$	1,373,946	$	1,231,039	$	1,140,999
Consolidated data:
Net income	$	256,137	$	223,787	$	210,209	$	188,406
Diluted earnings per share	$	64.41	$	56.11	$	53.09	$	47.64
Operating data:
New orders (units)	4,392		4,766		5,239		5,139
Settlements (units)	5,331		5,124		4,720		4,493
Backlog (units)	8,233		9,172		9,530		9,011