XML 15 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 3,479,050 $ 2,954,957 $ 9,568,324 $ 7,843,718
Homebuilding Cost of Revenues:        
Selling, general, and administrative expenses (320,506) (271,257) (864,478) (731,785)
Loss on debt retirement 0 0 (61,469) 0
Goodwill impairment 0 0 0 (20,190)
Other expense, net (4,750) (4,483) (8,011) (12,292)
Income before income taxes 620,402 484,167 1,653,928 1,204,944
Income tax expense (144,853) (67,769) (370,873) (236,216)
Net income $ 475,549 $ 416,398 $ 1,283,055 $ 968,728
Per share:        
Basic earnings (usd per share) $ 1.83 $ 1.54 $ 4.86 $ 3.57
Diluted earnings (usd per share) 1.82 1.54 4.85 3.56
Cash dividends declared (usd per share) $ 0.14 $ 0.12 $ 0.42 $ 0.36
Number of shares used in calculation:        
Basic shares outstanding (shares) 258,147 268,363 261,854 268,892
Effect of dilutive securities (shares) 752 598 668 839
Diluted shares outstanding (shares) 258,899 268,961 262,522 269,731
Homebuilding        
Revenues:        
Revenues $ 3,387,568 $ 2,848,086 $ 9,279,692 $ 7,587,495
Homebuilding Cost of Revenues:        
Cost of revenues (2,490,557) (2,152,243) (6,857,517) (5,762,372)
Home sales | Homebuilding        
Revenues:        
Revenues 3,324,483 2,823,921 9,156,371 7,517,453
Homebuilding Cost of Revenues:        
Cost of revenues (2,443,074) (2,131,741) (6,754,204) (5,706,814)
Land sale and other | Homebuilding        
Revenues:        
Revenues 63,085 24,165 123,321 70,042
Homebuilding Cost of Revenues:        
Cost of revenues (47,483) (20,502) (103,313) (55,558)
Financial Services        
Homebuilding Cost of Revenues:        
Financial services expenses $ (42,835) $ (42,807) $ (122,921) $ (112,135)