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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 2,333,463 $ 2,178,277
Interest expense (6,826) (7,258)
Income before taxes 470,692 433,810
Income tax expense (76,423) (89,458)
Net income $ 394,269 $ 344,352
Basic earnings per share (USD per share) $ 123.76 $ 106.31
Diluted earnings per share (USD per share) $ 116.41 $ 99.89
Basic weighted average shares outstanding (in shares) 3,185,664 3,239,263
Diluted weighted average shares outstanding (in shares) 3,386,946 3,447,474
Home Building Segment    
Revenues $ 2,286,177 $ 2,131,333
Other income 40,866 32,946
Cost of Goods and Services Sold 1,726,213 1,607,910
Selling, general and administrative (152,503) (143,618)
Operating income 448,327 412,751
Interest expense (6,649) (7,001)
Income before taxes 441,678 405,750
Mortgage Banking    
Revenues 47,286 46,944
Interest income 4,092 3,018
Other income 1,171 989
General and administrative (23,358) (22,634)
Interest expense (177) (257)
Income before taxes $ 29,014 $ 28,060