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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities      
Net income $ 90,803 $ 59,148 $ 21,865
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 16,304 18,207 20,596
Net loss on asset impairment 0 0 2,415
Stock-based compensation 8,213 4,375 3,435
Deferred income taxes 234 (2,458) (2,691)
Net (gain) loss on sale of land, property and equipment (77) (34,746) (13)
Other 869 595 719
Changes in operating assets and liabilities:      
Inventories (22,123) 14,909 1,023
Customer deposits 12,714 56,062 5,656
Other assets and liabilities (3,244) (3,250) 1,833
Accounts payable and accrued liabilities (6,451) 17,349 8,581
Net cash provided by operating activities 97,242 130,191 63,419
Cash Flows from Investing Activities      
Capital expenditures (34,090) (10,927) (16,841)
Proceeds from sale of land, property and equipment 88 76,285 2,270
Net cash (used in) provided by investing activities (34,002) 65,358 (14,571)
Cash Flows from Financing Activities      
Proceeds from borrowings under revolving credit facilities 0 43,800 0
Payments of borrowings under revolving credit facilities 0 (43,800) 0
Net change in borrowings under revolving credit facilities 0 0 0
Dividends paid (52,446) (50,521) (15,056)
Common stock repurchased (41,809) (19,708) (29,757)
Taxes on vested restricted shares (2,894) (951) (1,442)
Net cash used in financing activities (97,149) (71,180) (46,255)
(Decrease) increase in Cash, Cash Equivalents and Restricted Cash Equivalents (33,909) 124,369 2,593
Cash, Cash Equivalents and Restricted Cash Equivalents at Beginning of Year 206,771 82,402 79,809
Cash and Cash Equivalents and Restricted Cash Equivalents at End of Year 172,862 206,771 82,402
Supplemental Disclosures      
Cash paid during the period for income taxes, net of refunds 32,395 18,169 9,068
Cash paid for interest $ 126 $ 365 $ 126