XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest expense $ (23,559) $ (23,140) $ (22,385)
Income before taxes 603,212 453,546 418,696
Income tax expense (220,285) (171,916) (152,219)
Net income $ 382,927 $ 281,630 $ 266,477
Basic earnings per share $ 95.21 $ 65.83 $ 56.25
Diluted earnings per share $ 89.99 $ 63.50 $ 54.81
Basic weighted average shares outstanding 4,022 4,278 4,737
Diluted weighted average shares outstanding 4,255 4,435 4,862
Homebuilding [Member]      
Revenues $ 5,065,200 $ 4,375,059 $ 4,134,481
Other income 2,956 2,853 3,962
Cost of sales (4,118,782) (3,568,586) (3,424,204)
Selling, general and administrative (371,127) (358,851) (313,029)
Operating income 578,247 450,475 401,210
Interest expense (22,918) (22,591) (21,840)
Income before taxes 555,329 427,884 379,370
Mortgage Banking [Member]      
Mortgage banking fees 93,808 69,509 76,786
Interest income 6,485 4,940 4,983
Other income 1,113 778 696
General and administrative (52,882) (49,016) (42,594)
Interest expense (641) (549) (545)
Income before taxes $ 47,883 $ 25,662 $ 39,326