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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Mortgage banking fees $ 16,241 $ 10,496 $ 45,031 $ 35,474
Income before taxes 84,133 68,942 179,046 157,131
Income tax expense (31,133) (25,533) (59,085) (60,103)
Net income 53,000 43,409 119,961 97,028
Basic earnings per share $ 10.60 $ 8.19 $ 23.76 $ 17.22
Diluted earnings per share $ 10.33 $ 7.98 $ 23.22 $ 16.75
Basic weighted average shares outstanding 4,999 5,301 5,049 5,634
Diluted weighted average shares outstanding 5,132 5,437 5,167 5,792
Homebuilding [Member]
       
Revenues 854,396 696,980 2,195,881 1,882,387
Other income 599 842 2,045 3,662
Cost of sales (702,436) (572,382) (1,819,243) (1,548,903)
Selling, general and administrative (76,553) (60,462) (222,483) (195,695)
Operating income 76,006 64,978 156,200 141,451
Interest expense (1,351) (293) (1,579) (802)
Income before taxes 74,655 64,685 154,621 140,649
Mortgage Banking [Member]
       
Mortgage banking fees 16,241 10,496 45,031 35,474
Interest income 1,025 1,589 3,505 3,789
Other income 161 151 373 311
General and administrative (7,789) (7,796) (24,029) (22,371)
Interest expense (160) (183) (455) (721)
Income before taxes $ 9,478 $ 4,257 $ 24,425 $ 16,482