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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues $ 2,378,409 $ 2,041,446
Interest expense (13,166) (13,397)
Income before taxes 565,945 312,006
Income tax benefit (expense) (139,845) (63,244)
Net income $ 426,100 $ 248,762
Basic earnings per share (USD per share) $ 125.87 $ 67.72
Diluted earnings per share (USD per share) $ 116.56 $ 63.21
Basic weighted average shares outstanding (in shares) 3,385,259 3,673,394
Diluted weighted average shares outstanding (in shares) 3,655,517 3,935,489
Home Building Segment    
Revenues $ 2,309,227 $ 1,963,711
Other income 1,339 1,586
Cost of Goods and Services Sold 1,651,365 1,577,453
Selling, general and administrative (129,510) (121,419)
Operating income 529,691 266,425
Interest expense (12,804) (13,006)
Income before taxes 516,887 253,419
Mortgage Banking    
Revenues 69,182 77,735
Interest income 2,074 2,032
Other income 1,072 867
General and administrative (22,908) (21,656)
Interest expense (362) (391)
Income before taxes $ 49,058 $ 58,587