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Quarterly Results (unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data and Operating Information

The following table sets forth unaudited selected financial data and operating information on a quarterly basis for the years ended December 31, 2014 and 2013.

		Year Ended December 31, 2014
		4th Quarter				3rd Quarter				2nd Quarter				1st Quarter

Revenues – homebuilding operations		$	1,306,632			$	1,185,160			$	1,084,080			$	799,187
Gross profit – homebuilding operations		$	236,031			$	225,105			$	201,302			$	144,035
Mortgage banking fees		$	21,406			$	18,006			$	17,974			$	12,123
Net income		$	99,451			$	90,152			$	68,178			$	23,849
Diluted earnings per share		$	23.24			$	20.70			$	15.17			$	5.16
Contracts for sale, net of cancellations (units)			2,713				2,936				3,415				3,325
Settlements (units)			3,469				3,236				2,943				2,211
Backlog, end of period (units)			5,475				6,231				6,531				6,059
Loans closed		$	881,930			$	803,125			$	675,625			$	472,933

		Year Ended December 31, 2013
		4th Quarter				3rd Quarter				2nd Quarter				1st Quarter

Revenues – homebuilding operations		$	1,223,808			$	1,167,595			$	992,210			$	750,868
Gross profit – homebuilding operations		$	222,393			$	203,179			$	157,922			$	126,783
Mortgage banking fees		$	18,344			$	21,372			$	17,682			$	19,388
Net income		$	97,811			$	82,935			$	50,690			$	35,041
Diluted earnings per share		$	21.15			$	17.67			$	10.11			$	6.84
Contracts for sale, net of cancellations (units)			2,631				2,381				3,278				3,510
Settlements (units)			3,342				3,342				2,878				2,272
Backlog, end of period (units)			4,945				5,656				6,617				6,217
Loans closed		$	721,926			$	695,930			$	646,450			$	473,766