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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest expense $ (5,682) $ (1,511) $ (16,622) $ (2,034)
Income before taxes 131,590 84,133 266,876 179,046
Income tax expense (48,655) (31,133) (98,210) (59,085)
Net income 82,935 53,000 168,666 119,961
Basic earnings per share $ 18.08 $ 10.60 $ 35.01 $ 23.76
Diluted earnings per share $ 17.67 $ 10.33 $ 34.13 $ 23.22
Basic weighted average shares outstanding 4,588,000 4,999,000 4,817,000 5,049,000
Diluted weighted average shares outstanding 4,695,000 5,132,000 4,942,000 5,167,000
Homebuilding [Member]
       
Revenues 1,167,595 854,396 2,910,673 2,195,881
Other income 1,030 599 3,154 2,045
Cost of sales (964,416) (702,436) (2,422,789) (1,819,243)
Selling, general and administrative (78,897) (76,553) (239,430) (222,483)
Operating income 125,312 76,006 251,608 156,200
Interest expense (5,525) (1,351) (16,214) (1,579)
Income before taxes 119,787 74,655 235,394 154,621
Mortgage Banking [Member]
       
Mortgage banking fees 21,372 16,241 58,442 45,031
Interest income 1,396 1,025 3,398 3,505
Other income 218 161 509 373
General and administrative (11,026) (7,789) (30,459) (24,029)
Interest expense (157) (160) (408) (455)
Income before taxes $ 11,803 $ 9,478 $ 31,482 $ 24,425