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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 201,060 $ 158,295
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 117,783 103,059
Depreciation and amortization 26,705 21,853
Share-based compensation expense 16,906 14,654
Other, net 9,790 9,319
Increase (decrease) in cash due to:    
Restricted cash (5,210) (4,526)
Inventories (810,417) (485,676)
Residential mortgage loans available-for-sale 78,460 70,123
Other assets (15,506) (57,054)
Accounts payable, accrued and other liabilities 55,113 (21,150)
Net cash provided by (used in) operating activities (325,316) (191,103)
Cash flows from investing activities:    
Capital expenditures (21,044) (23,115)
Cash used for business acquisition (430,025) 0
Other investing activities, net (8,296) 14,650
Net cash used in investing activities (459,365) (8,465)
Cash flows from financing activities:    
Proceeds from debt issuance 986,084 0
Repayments of debt (484,974) (237,994)
Borrowings under revolving credit facility 358,000 0
Repayments under revolving credit facility (358,000) 0
Financial Services borrowings (repayments) (78,320) (20,970)
Stock option exercises 742 7,222
Share repurchases (100,806) (322,066)
Dividends paid (63,019) (59,125)
Net cash provided by (used in) financing activities 259,707 (632,933)
Net increase (decrease) in cash and equivalents (524,974) (832,501)
Cash and equivalents at beginning of period 754,161 1,292,862
Cash and equivalents at end of period 229,187 460,361
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (14,671) (1,911)
Income taxes paid (refunded), net $ (5,457) $ (1,685)