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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues $ 2,178,277 $ 2,378,409
Interest expense (7,258) (13,166)
Income before taxes 433,810 565,945
Income tax expense (89,458) (139,845)
Net income $ 344,352 $ 426,100
Basic earnings per share (USD per share) $ 106.31 $ 125.87
Diluted earnings per share (USD per share) $ 99.89 $ 116.56
Basic weighted average shares outstanding (in shares) 3,239,263 3,385,259
Diluted weighted average shares outstanding (in shares) 3,447,474 3,655,517
Home Building Segment    
Revenues $ 2,131,333 $ 2,309,227
Other income 32,946 1,339
Cost of Goods and Services Sold 1,607,910 1,651,365
Selling, general and administrative (143,618) (129,510)
Operating income 412,751 529,691
Interest expense (7,001) (12,804)
Income before taxes 405,750 516,887
Mortgage Banking    
Revenues 46,944 69,182
Interest income 3,018 2,074
Other income 989 1,072
General and administrative (22,634) (22,908)
Interest expense (257) (362)
Income before taxes $ 28,060 $ 49,058