Quarterly Results (unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data and Operating Information

The following table sets forth unaudited selected financial data and operating information on a quarterly basis for the years ended December 31, 2016 and 2015.

	Year Ended December 31, 2016
	4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
Revenues – homebuilding operations	$	1,718,527	$	1,507,451	$	1,361,741	$	1,121,504
Gross profit – homebuilding operations	$	305,087	$	265,159	$	235,372	$	195,744
Mortgage banking fees	$	34,239	$	30,118	$	26,442	$	22,522
Net income	$	150,891	$	117,392	$	91,676	$	65,303
Diluted earnings per share	$	37.80	$	28.46	$	22.01	$	15.79
New orders (units)		3,645		3,477		4,324		4,137
Settlements (units)		4,419		3,922		3,581		3,006
Backlog, end of period (units)		6,884		7,658		8,103		7,360
Loans closed	$	1,201,164	$	1,055,163	$	942,407	$	753,840

	Year Ended December 31, 2015
	4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
Revenues – homebuilding operations	$	1,528,084	$	1,374,467	$	1,221,111	$	941,538
Gross profit – homebuilding operations	$	289,496	$	262,795	$	234,257	$	159,870
Mortgage banking fees	$	27,191	$	27,884	$	22,522	$	16,211
Net income	$	134,004	$	116,470	$	93,395	$	39,058
Diluted earnings per share	$	31.92	$	27.11	$	21.91	$	9.22
New orders (units)		3,100		3,258		3,796		3,926
Settlements (units)		4,010		3,607		3,175		2,534
Backlog, end of period (units)		6,229		7,139		7,488		6,867
Loans closed	$	1,042,440	$	951,872	$	859,403	$	638,627