XML 14 R3.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 3,949,160 $ 3,575,641
Homebuilding Cost of Revenues:    
Cost of revenues (2,726,130) (2,497,296)
Financial Services expenses (51,378) (44,036)
Selling, general, and administrative expenses (357,594) (336,518)
Equity income from unconsolidated entities 37,902 2,513
Loss on debt retirement (64) 0
Other income, net 16,683 1,818
Income before income taxes 868,643 702,122
Income tax expense (205,667) (169,863)
Net income $ 662,976 $ 532,259
Per share:    
Basic earnings (usd per share) $ 3.13 $ 2.35
Diluted earnings (usd per share) 3.10 2.35
Cash dividends declared (usd per share) $ 0.20 $ 0.16
Number of shares used in calculation:    
Basic shares outstanding (shares) 211,837 225,127
Effect of dilutive securities (shares) 1,709 830
Diluted shares outstanding (shares) 213,546 225,957
Home sale revenues    
Homebuilding Cost of Revenues:    
Cost of revenues $ (2,689,087) $ (2,472,329)
Land sale and other revenues    
Homebuilding Cost of Revenues:    
Cost of revenues (37,043) (24,967)
Homebuilding    
Revenues:    
Revenues 3,856,803 3,517,703
Homebuilding Cost of Revenues:    
Income before income taxes 827,664 688,220
Homebuilding | Home sale revenues    
Revenues:    
Revenues 3,819,586 3,487,637
Homebuilding | Land sale and other revenues    
Revenues:    
Revenues 37,217 30,066
Financial Services    
Revenues:    
Revenues 92,357 57,938
Homebuilding Cost of Revenues:    
Income before income taxes $ 40,979 $ 13,902