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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 1,107,158 $ 807,506
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 20,823 4,781
Land-related charges 8,013 3,254
Loss on debt retirement 0 61,469
Depreciation and amortization 33,393 35,407
Share-based compensation expense 29,640 21,603
Other, net (58) (2,922)
Increase (decrease) in cash due to:    
Inventories (1,683,129) (632,647)
Residential mortgage loans available-for-sale 393,350 (16,384)
Other assets (87,569) (85,049)
Accounts payable, accrued and other liabilities 280,722 235,050
Net cash provided by operating activities 102,343 432,068
Cash flows from investing activities:    
Capital expenditures (62,557) (31,547)
Investments in unconsolidated entities (50,480) (15,920)
Distributions of capital from unconsolidated entities 3,010 10,500
Business acquisition (10,400) (10,400)
Other investing activities, net (2,713) (17)
Net cash used in investing activities (123,140) (47,384)
Cash flows from financing activities:    
Repayments of notes payable (4,152) (797,395)
Borrowings under revolving credit facility 110,000 0
Repayments under revolving credit facility (110,000) 0
Financial Services repayments, net (183,307) (59,193)
Debt issuance costs (11,167) 0
Stock option exercises 0 11
Share repurchases (794,227) (353,703)
Cash paid for shares withheld for taxes (13,614) (10,607)
Dividends paid (74,197) (74,910)
Net cash used in financing activities (1,080,664) (1,295,797)
Net decrease in cash, cash equivalents, and restricted cash (1,101,461) (911,113)
Cash, cash equivalents, and restricted cash at beginning of period 1,833,565 2,632,235
Cash, cash equivalents, and restricted cash at end of period 732,104 1,721,122
Supplemental Cash Flow Information:    
Interest paid (capitalized), net 230 11,606
Income taxes paid (refunded), net $ 290,571 $ 154,658