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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 3,359,484 $ 2,593,781 $ 6,089,274 $ 4,888,761
Homebuilding Cost of Revenues:        
Selling, general, and administrative expenses (272,286) (196,858) (543,973) (460,527)
Loss on debt retirement (see Note 4) 0 0 (61,469) 0
Goodwill impairment 0 0 0 (20,190)
Other expense, net (624) (5,286) (3,259) (7,810)
Income before income taxes 639,473 457,009 1,033,526 720,778
Income tax expense (136,074) (108,389) (226,020) (168,447)
Net income $ 503,399 $ 348,620 $ 807,506 $ 552,331
Per share:        
Basic earnings (usd per share) $ 1.91 $ 1.29 $ 3.04 $ 2.03
Diluted earnings (usd per share) 1.90 1.29 3.03 2.03
Cash dividends declared (usd per share) $ 0.14 $ 0.12 $ 0.28 $ 0.24
Number of shares used in calculation:        
Basic shares outstanding (shares) 262,099 268,324 263,744 269,167
Effect of dilutive securities (shares) 648 701 627 960
Diluted shares outstanding (shares) 262,747 269,025 264,371 270,127
Home sale        
Revenues:        
Revenues $ 3,235,379 $ 2,472,029 $ 5,831,889 $ 4,693,532
Homebuilding Cost of Revenues:        
Cost of revenues (2,375,495) (1,880,209) (4,311,130) (3,575,074)
Land sale and other        
Revenues:        
Revenues 33,076 26,950 60,235 45,877
Homebuilding Cost of Revenues:        
Cost of revenues (31,195) (20,041) (55,831) (35,055)
Total Homebuilding        
Revenues:        
Revenues 3,268,455 2,498,979 5,892,124 4,739,409
Homebuilding Cost of Revenues:        
Financial services expenses (2,406,690) (1,900,250) (4,366,961) (3,610,129)
Income before income taxes 588,019 396,585 915,723 640,804
Financial Services        
Revenues:        
Revenues 91,029 94,802 197,150 149,352
Homebuilding Cost of Revenues:        
Financial services expenses $ (40,411) $ (34,378) $ (80,086) $ (69,327)