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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 4,599,655 $ 4,188,753 $ 8,548,815 $ 7,764,394
Homebuilding Cost of Revenues:        
Cost of revenues (3,156,355) (2,888,855) (5,882,486) (5,386,151)
Financial Services expenses (49,334) (46,778) (100,712) (90,813)
Selling, general, and administrative expenses (361,145) (314,637) (718,739) (651,156)
Equity income from unconsolidated entities 2,167 944 40,069 3,456
Loss on debt retirement (158) 0 (222) 0
Other income, net 13,324 13,586 30,008 15,405
Income before income taxes 1,048,312 953,013 1,916,955 1,655,135
Income tax expense (239,179) (232,668) (444,846) (402,531)
Net income $ 809,133 $ 720,345 $ 1,472,109 $ 1,252,604
Per share:        
Basic earnings (usd per share) $ 3.86 $ 3.23 $ 6.99 $ 5.58
Diluted earnings (usd per share) 3.83 3.21 6.93 5.55
Cash dividends declared (usd per share) $ 0.20 $ 0.16 $ 0.40 $ 0.32
Number of shares used in calculation:        
Basic shares outstanding (shares) 209,547 222,160 210,692 223,635
Effect of dilutive securities (shares) 1,654 1,232 1,682 1,031
Diluted shares outstanding (shares) 211,201 223,392 212,374 224,666
Home sale revenues        
Homebuilding Cost of Revenues:        
Cost of revenues $ (3,117,482) $ (2,856,361) $ (5,806,569) $ (5,328,690)
Land sale and other revenues        
Homebuilding Cost of Revenues:        
Cost of revenues (38,873) (32,494) (75,917) (57,461)
Homebuilding        
Revenues:        
Revenues 4,487,993 4,096,534 8,344,796 7,614,238
Homebuilding Cost of Revenues:        
Income before income taxes 984,934 906,518 1,812,598 1,594,738
Homebuilding | Home sale revenues        
Revenues:        
Revenues 4,448,168 4,058,930 8,267,754 7,546,567
Homebuilding | Land sale and other revenues        
Revenues:        
Revenues 39,825 37,604 77,042 67,671
Financial Services        
Revenues:        
Revenues 111,662 92,219 204,019 150,156
Homebuilding Cost of Revenues:        
Income before income taxes $ 63,378 $ 46,495 $ 104,357 $ 60,397