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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities      
Net income $ 59,148 $ 21,865 $ 30,307
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 18,207 20,596 29,806
Net loss on asset impairment 0 2,415 0
Stock-based compensation 4,375 3,435 4,358
Deferred income taxes (2,458) (2,691) (439)
Net (gain) loss on sale of land, property and equipment (34,746) (13) 425
Other 595 719 465
Changes in operating assets and liabilities:      
Inventories 14,909 1,023 (2,403)
Customer deposits 56,062 5,656 (3,348)
Other assets and liabilities (3,250) 1,833 9,731
Accounts payable and accrued liabilities 17,349 8,581 1,490
Net cash provided by operating activities 130,191 63,419 70,392
Cash Flows from Investing Activities      
Capital expenditures (10,927) (16,841) (21,473)
Proceeds from sale of land, property and equipment 76,285 2,270 2,446
Other 0 0 55
Net cash used in investing activities 65,358 (14,571) (18,972)
Cash Flows from Financing Activities      
Proceeds from borrowings under revolving credit facilities 43,800 0 0
Payments of borrowings under revolving credit facilities (43,800) 0 0
Net change in borrowings under revolving credit facilities 0 0 0
Payments on lease obligations 0 0 (3,788)
Dividends paid (50,521) (15,056) (35,464)
Common stock repurchased (19,708) (29,757) (18,732)
Taxes on vested restricted shares (951) (1,442) (1,233)
Net cash used in financing activities (71,180) (46,255) (59,217)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents during the period 124,369 2,593 (7,797)
Cash, Cash Equivalents and Restricted Cash Equivalents at Beginning of Year 82,402 79,809 87,606
Cash and Cash Equivalents and Restricted Cash Equivalents at End of Year 206,771 82,402 79,809
Supplemental Disclosures      
Cash paid during the period for income taxes, net of refunds 18,169 9,068 8,409
Cash paid for interest $ 365 $ 126 $ 2,425