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Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
Quarterly results for the years ended December 31, 2013 and 2012 follow (in thousands, except per share amounts):
 
 
 
First
 
Second
 
Third
 
Fourth
2013
 
 
 
 
 
 
 
 
Total closing revenue
 
$
336,435

 
$
449,950

 
$
492,080

 
$
536,194

Total closing gross profit
 
$
64,535

 
$
95,052

 
$
113,182

 
$
123,649

Earnings before income taxes
 
$
16,475

 
$
38,532

 
$
56,786

 
$
65,879

Net earnings
 
$
12,041

 
$
28,143

 
$
38,191

 
$
46,089

Per Share Data:
 
 
 
 
 
 
 
 
Basic earnings per share (1)
 
$
0.34

 
$
0.78

 
$
1.05

 
$
1.27

Diluted earnings per share (1)
 
$
0.32

 
$
0.74

 
$
0.99

 
$
1.19

2012
 
 
 
 
 
 
 
 
Total closing revenue
 
$
204,350

 
$
282,095

 
$
342,643

 
$
364,586

Total closing gross profit
 
$
35,236

 
$
51,566

 
$
62,424

 
$
68,973

(Loss)/earnings before income taxes (2)
 
$
(4,574
)
 
$
2,842

 
$
6,986

 
$
23,600

Net (loss)/earnings (3)
 
$
(4,754
)
 
$
8,005

 
$
6,784

 
$
95,128

Per Share Data:
 
 
 
 
 
 
 
 
Basic (loss)/earnings per share (1)
 
$
(0.15
)
 
$
0.24

 
$
0.19

 
$
2.67

Diluted (loss)/earnings per share (1)
 
$
(0.15
)
 
$
0.24

 
$
0.19

 
$
2.49

 
(1)
Due to the computation of earnings/(loss) per share, the sum of the quarterly amounts may not equal the full-year results.
(2)
In the third quarter of 2012, we recorded an $8.7 million charge related to a litigation accrual.
(3)
In the fourth quarter of 2012, we reversed $79.9 million of our deferred tax asset valuation reserve and recorded an $8.4 million tax expense.