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v3.3.1.900

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Homebuilding |  |
Home sale revenues | $ 1,394,243 | $ 1,088,158
Land sale revenues | 2,487 | 17,542
Total homebuilding revenues | 1,396,730 | 1,105,700
Financial Services | 35,848 | 27,598
Consolidated revenues | 1,432,578 | 1,133,298
Homebuilding Cost of Revenues: |  |
Home sale cost of revenues | 1,089,329 | 841,145
Land sale cost of revenues | 2,028 | 13,378
Total cost of revenues | 1,091,357 | 854,523
Financial Services expenses | 26,119 | 22,541
Selling, general, and administrative expenses | 191,015 | 161,312
Other expense (income), net | 5,874 | (883)
Income before income taxes | 118,213 | 95,805
Income tax expense | 34,913 | 40,834
Net income | $ 83,300 | $ 54,971
Per share: |  |
Basic earnings (usd per share) | $ 0.24 | $ 0.15
Diluted earnings (usd per share) | 0.24 | 0.15
Cash dividends declared (usd per share) | $ 0.09 | $ 0.08
Number of shares used in calculation: |  |
Basic shares outstanding (shares) | 347,815 | 366,748
Effect of dilutive securities (shares) | 2,662 | 3,362
Diluted shares outstanding (shares) | 350,477 | 370,110

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- Definition The aggregate costs of real estate land sales including administrative paperwork, real estate brokerage, title, and property management operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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- Definition The aggregate costs related to design, development, general contracting, remodeling, and renovation services for residential buildings, including single-family houses, multifamily housing, townhomes, apartments, and modular housing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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