XML 45 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Homebuilding    
Home sale revenues $ 1,099,752 $ 813,786
Land sale revenues 26,131 38,398
Total homebuilding revenues 1,125,883 852,184
Financial Services 36,873 28,852
Total revenues 1,162,756 881,036
Homebuilding Cost of Revenues:    
Home sale cost of revenues 901,470 712,166
Land sale cost of revenues 22,018 33,397
Total cost of revenues 923,488 745,563
Financial Services expenses 22,588 22,009
Selling, general, and administrative expenses 129,626 123,314
Other expense (income), net 4,772 6,619
Interest income (1,173) (1,199)
Interest expense 207 217
Equity in (earnings) loss of unconsolidated entities 898 (1,996)
Income (loss) before income taxes 82,350 (13,491)
Income tax expense (benefit) 588 (1,825)
Net income (loss) $ 81,762 $ (11,666)
Net income (loss) per share:    
Basic $ 0.21 $ (0.03)
Diluted $ 0.21 $ (0.03)
Number of shares used in calculation:    
Basic 384,228 380,502
Effect of dilutive securities 6,093 0
Diluted 390,321 380,502