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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 170,751 $ 91,518
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 23,479 39,226
Land-related charges 3,419 3,535
Depreciation and amortization 11,890 13,209
Share-based compensation expense 8,451 14,161
Other, net (793) 555
Increase (decrease) in cash due to:    
Inventories (237,169) (267,014)
Residential mortgage loans available-for-sale 185,147 194,117
Other assets (9,246) 21,858
Accounts payable, accrued and other liabilities 13,084 (71,362)
Net cash provided by (used in) operating activities 169,013 39,803
Cash flows from investing activities:    
Capital expenditures (15,428) (9,996)
Investments in unconsolidated entities (1,000) (14,802)
Cash used for business acquisition   0
Other investing activities, net 452 1,423
Net cash used in investing activities (15,976) (23,375)
Cash flows from financing activities:    
Repayments of debt (451) (1,067)
Borrowings under revolving credit facility 768,000 0
Repayments under revolving credit facility (768,000) 0
Financial Services borrowings (repayments) (190,852) (191,240)
Stock option exercises 2,723 11,118
Share repurchases (59,491) (105,522)
Dividends paid (26,347) (29,102)
Net cash provided by (used in) financing activities (274,418) (315,813)
Net increase (decrease) (121,381) (299,385)
Cash, cash equivalents, and restricted cash at beginning of period 306,168 723,248
Cash, cash equivalents, and restricted cash at end of period 184,787 423,863
Supplemental Cash Flow Information:    
Interest paid (capitalized), net 30,109 12,830
Income taxes paid (refunded), net $ 631 $ 1,043