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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest expense $ (5,956) $ (5,723) $ (11,874) $ (11,517)
Income before taxes 148,684 108,824 211,047 158,531
Income tax expense (55,289) (40,646) (78,594) (66,504)
Net income $ 93,395 $ 68,178 $ 132,453 $ 92,027
Basic earnings per share $ 22.97 $ 15.68 $ 32.61 $ 20.88
Diluted earnings per share $ 21.91 $ 15.17 $ 31.17 $ 20.19
Basic weighted average shares outstanding 4,066 4,349 4,062 4,408
Diluted weighted average shares outstanding 4,262 4,495 4,249 4,557
Homebuilding [Member]        
Revenues $ 1,221,111 $ 1,084,080 $ 2,162,649 $ 1,883,267
Other income 1,122 452 1,847 1,449
Cost of sales (986,854) (882,778) (1,768,522) (1,537,930)
Selling, general and administrative (92,314) (93,583) (190,543) (184,215)
Operating income 143,065 108,171 205,431 162,571
Interest expense (5,817) (5,593) (11,599) (11,277)
Income before taxes 137,248 102,578 193,832 151,294
Mortgage Banking [Member]        
Mortgage banking fees 22,522 17,974 38,733 30,097
Interest income 1,303 825 2,381 2,009
Other income 243 194 348 253
General and administrative (12,493) (12,617) (23,972) (24,882)
Interest expense (139) (130) (275) (240)
Income before taxes $ 11,436 $ 6,246 $ 17,215 $ 7,237