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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 494,841 $ 192,268
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 126,991 80,841
Land-related charges 5,841 129,108
Depreciation and amortization 24,161 26,023
Share-based compensation expense 16,162 20,871
Other, net (2,803) (1,536)
Increase (decrease) in cash due to:    
Inventories (281,362) (486,393)
Residential mortgage loans available-for-sale 199,623 172,943
Other assets 15,822 15,309
Accounts payable, accrued and other liabilities (51,694) 26,892
Net cash provided by (used in) operating activities 547,582 176,326
Cash flows from investing activities:    
Capital expenditures (33,059) (16,892)
Investments in unconsolidated entities (1,000) (17,832)
Other investing activities, net 6,915 3,143
Net cash used in investing activities (27,144) (31,581)
Cash flows from financing activities:    
Repayments of debt (82,432) (2,153)
Borrowings under revolving credit facility 1,566,000 110,000
Repayments under revolving credit facility (1,566,000) (110,000)
Financial Services borrowings (repayments) (173,761) (177,918)
Debt issuance costs 8,090 0
Stock option exercises 4,467 15,966
Share repurchases (112,491) (405,819)
Dividends paid (52,384) (58,214)
Net cash provided by (used in) financing activities (424,691) (628,138)
Net increase (decrease) 95,747 (483,393)
Cash, cash equivalents, and restricted cash at beginning of period 306,168 723,248
Cash, cash equivalents, and restricted cash at end of period 401,915 239,855
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (387) (2,359)
Income taxes paid (refunded), net $ 77,077 $ (10,980)