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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Homebuilding            
Home sale revenues $ 1,551,226     $ 1,491,959 $ 3,885,703 $ 3,811,386
Land sale revenues 10,047     55,783 24,558 102,299
Total homebuilding revenues 1,561,273     1,547,742 3,910,261 3,913,685
Financial Services 33,452     34,336 89,544 110,571
Total revenues 1,594,725     1,582,078 3,999,805 4,024,256
Homebuilding Cost of Revenues:            
Home sale cost of revenues 1,195,369     1,180,137 2,976,665 3,072,425
Land sale cost of revenues 3,539     49,933 15,382 92,661
Total cost of revenues 1,198,908     1,230,070 2,992,047 3,165,086
Financial Services expenses 22,623     23,244 48,058 68,867
Selling, general and administrative expenses 147,136     138,637 521,791 418,794
Other expense, net 2,406     17,055 25,561 79,166
Interest income (1,205)     (1,036) (3,431) (3,321)
Interest expense 210     171 625 544
Equity in (earnings) loss of unconsolidated entities (281)     (785) (7,483) (282)
Income before income taxes 224,928     174,722 422,637 295,402
Income tax expense (benefit) 84,383     (2,107,162) 165,393 (2,104,661)
Net income $ 140,545     $ 2,281,884 $ 257,244 $ 2,400,063
Per share:            
Basic earnings (usd per share) $ 0.37     $ 5.92 $ 0.68 $ 6.20
Diluted earnings (usd per share) $ 0.37     $ 5.87 $ 0.67 $ 6.14
Cash dividends declared (usd per share) $ 0.05 $ 0.05 $ 0.05 $ 0.10 $ 0.15 $ 0.10
Number of shares used in calculation:            
Basic shares outstanding 373,531     382,883 376,097 384,159
Effect of dilutive securities (shares) 3,761     3,220 3,723 3,745
Diluted shares outstanding 377,292     386,103 379,820 387,904