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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues $ 2,041,446 $ 1,582,528
Interest expense (13,397) (6,486)
Income before taxes 312,006 161,375
Income tax benefit (expense) (63,244) 14,328
Net income $ 248,762 $ 175,703
Basic earnings per share (USD per share) $ 67.72 $ 47.97
Diluted earnings per share (USD per share) $ 63.21 $ 44.96
Basic weighted average shares outstanding (in shares) 3,673 3,663
Diluted weighted average shares outstanding (in shares) 3,935 3,908
Home Building Segment    
Revenues $ 1,963,711 $ 1,555,707
Other income 1,586 5,336
Cost of Goods and Services Sold 1,577,453 1,294,743
Selling, general and administrative (121,419) (110,167)
Operating income 266,425 156,133
Interest expense (13,006) (6,214)
Income before taxes 253,419 149,919
Mortgage Banking    
Revenues 77,735 26,821
Interest income 2,032 2,469
Other income 867 649
General and administrative (21,656) (18,211)
Interest expense (391) (272)
Income before taxes $ 58,587 $ 11,456