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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest expense $ (21,707) $ (23,559) $ (23,140)
Income before taxes 661,697 603,212 453,546
Income tax expense (236,435) (220,285) (171,916)
Net income $ 425,262 $ 382,927 $ 281,630
Basic earnings per share $ 110.53 $ 95.21 $ 65.83
Diluted earnings per share $ 103.61 $ 89.99 $ 63.50
Basic weighted average shares outstanding 3,847 4,022 4,278
Diluted weighted average shares outstanding 4,104 4,255 4,435
Homebuilding [Member]      
Revenues $ 5,709,223 $ 5,065,200 $ 4,375,059
Other income 2,820 2,956 2,853
Cost of sales (4,707,861) (4,118,782) (3,568,586)
Selling, general and administrative (382,459) (371,127) (358,851)
Operating income 621,723 578,247 450,475
Interest expense (20,621) (22,918) (22,591)
Income before taxes 601,102 555,329 427,884
Mortgage Banking [Member]      
Mortgage banking fees 113,321 93,808 69,509
Interest income 7,569 6,485 4,940
Other income 1,652 1,113 778
General and administrative (60,861) (52,882) (49,016)
Interest expense (1,086) (641) (549)
Income before taxes $ 60,595 $ 47,883 $ 25,662