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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest expense $ (4,814) $ (5,956) $ (9,902) $ (11,874)
Income before taxes 144,720 148,684 248,032 211,047
Income tax expense (53,044) (55,289) (91,053) (78,594)
Net income $ 91,676 $ 93,395 $ 156,979 $ 132,453
Basic earnings per share $ 23.51 $ 22.97 $ 40.34 $ 32.61
Diluted earnings per share $ 22.01 $ 21.91 $ 37.82 $ 31.17
Basic weighted average shares outstanding 3,900 4,066 3,892 4,062
Diluted weighted average shares outstanding 4,165 4,262 4,151 4,249
Homebuilding [Member]        
Revenues $ 1,361,741 $ 1,221,111 $ 2,483,245 $ 2,162,649
Other income 753 1,122 1,520 1,847
Cost of sales (1,126,369) (986,854) (2,052,129) (1,768,522)
Selling, general and administrative (100,043) (92,314) (198,058) (190,543)
Operating income 136,082 143,065 234,578 205,431
Interest expense (4,554) (5,817) (9,396) (11,599)
Income before taxes 131,528 137,248 225,182 193,832
Mortgage Banking [Member]        
Mortgage banking fees 26,442 22,522 48,964 38,733
Interest income 1,437 1,303 3,111 2,381
Other income 409 243 667 348
General and administrative (14,836) (12,493) (29,386) (23,972)
Interest expense (260) (139) (506) (275)
Income before taxes $ 13,192 $ 11,436 $ 22,850 $ 17,215