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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Homebuilding        
Home sale revenues $ 899,763 $ 1,262,990 $ 1,682,234 $ 2,239,796
Land sale revenues 5,068 6,745 6,364 19,731
Real Estate Revenue, Net, Total 904,831 1,269,735 1,688,598 2,259,527
Financial Services 22,381 36,163 43,816 66,729
Total revenues 927,212 1,305,898 1,732,414 2,326,256
Homebuilding Cost of Revenues:        
Home sale cost of revenues 789,678 1,104,456 1,474,708 1,954,551
Land sale cost of revenues 3,787 2,563 4,717 11,561
Cost of Real Estate Revenue, Total 793,465 1,107,019 1,479,425 1,966,112
Financial Services expenses 39,053 44,772 59,526 69,883
Selling, general, and administrative expenses 138,380 157,415 280,826 318,721
Other expense (income), net 11,668 9,234 15,578 793
Interest income (1,145) (2,292) (2,582) (5,071)
Interest expense 317 1,018 668 1,500
Equity in (earnings) loss of unconsolidated entities (1,193) (5,542) (2,302) (5,448)
Income (loss) before income taxes (53,333) (5,726) (98,725) (20,234)
Income tax expense (benefit) 2,052 (82,029) (3,814) (84,049)
Net income (loss) $ (55,385) $ 76,303 $ (94,911) $ 63,815
Per share data:        
Basic $ (0.15) $ 0.20 $ (0.25) $ 0.17
Diluted $ (0.15) $ 0.20 $ (0.25) $ 0.17
Number of shares used in calculation:        
Basic 379,781 378,618 379,663 378,185
Diluted 379,781 380,412 379,663 380,087