XML 14 R3.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues $ 4,403,755 $ 4,599,655 $ 8,296,406 $ 8,548,815
Homebuilding Cost of Revenues:        
Cost of revenues (3,145,938) (3,156,355) (5,916,007) (5,882,486)
Financial Services expenses (59,611) (49,334) (114,581) (100,712)
Selling, general, and administrative expenses (390,453) (361,145) (783,790) (718,739)
Equity income from unconsolidated entities 409 2,167 911 40,069
Other income (expense), net (1,006) 13,324 5,355 30,008
Income before income taxes 807,156 1,048,312 1,488,294 1,916,955
Income tax expense (198,673) (239,179) (357,012) (444,846)
Net income $ 608,483 $ 809,133 $ 1,131,282 $ 1,472,109
Per share:        
Basic earnings (usd per share) $ 3.05 $ 3.86 $ 5.64 $ 6.99
Diluted earnings (usd per share) 3.03 3.83 5.60 6.93
Cash dividends declared (usd per share) $ 0.22 $ 0.20 $ 0.44 $ 0.40
Number of shares used in calculation:        
Basic shares outstanding (shares) 199,243 209,547 200,645 210,692
Effect of dilutive securities (shares) 1,438 1,654 1,520 1,682
Diluted shares outstanding (shares) 200,681 211,201 202,165 212,374
Home sale revenues        
Homebuilding Cost of Revenues:        
Cost of revenues $ (3,115,450) $ (3,117,482) $ (5,834,564) $ (5,806,569)
Land sale and other revenues        
Homebuilding Cost of Revenues:        
Cost of revenues (30,488) (38,873) (81,443) (75,917)
Homebuilding | Home sale revenues        
Revenues:        
Revenues 4,267,975 4,448,168 8,017,244 8,267,754
Homebuilding | Land sale and other revenues        
Revenues:        
Revenues $ 34,622 $ 39,825 $ 87,176 $ 77,042