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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Homebuilding: |  |  |  |
Home closing revenue |  | $ 3,003,426 | $ 2,531,556 | $ 2,142,391
Land closing revenue |  | 25,801 | 36,526 | 27,252
Total closing revenue |  | 3,029,227 | 2,568,082 | 2,169,643
Cost of home closings |  | (2,474,584) | (2,049,637) | (1,688,676)
Cost of land closings |  | (23,431) | (29,736) | (28,350)
Total cost of closings |  | (2,498,015) | (2,079,373) | (1,717,026)
Home closing gross profit |  | 528,842 | 481,919 | 453,715
Land closing gross profit/(loss) |  | 2,370 | 6,790 | (1,098)
Total closing gross profit |  | 531,212 | 488,709 | 452,617
Financial Services: |  |  |  |
Revenue |  | 12,507 | 11,377 | 10,121
Expense |  | (5,587) | (5,203) | (4,812)
Earnings from financial services unconsolidated entities and other, net |  | 14,982 | 13,097 | 10,869
Financial services profit |  | 21,902 | 19,271 | 16,178
Commissions and other sales costs |  | (215,092) | (188,418) | (156,742)
General and administrative expenses |  | (123,803) | (112,849) | (104,598)
Earnings/(loss) from other unconsolidated entities, net |  | 4,060 | (338) | (447)
Interest expense |  | (5,172) | (15,965) | (5,163)
Other income/(expense), net |  | 4,953 | (946) | 6,572
Earnings before income taxes |  | 218,060 | 189,464 | 208,417
Provision for income taxes |  | (68,519) | (60,726) | (66,176)
Net earnings |  | $ 149,541 | $ 128,738 | $ 142,241
Earnings per common share: |  |  |  |
Basic (in dollars per share) |  | $ 3.74 | $ 3.25 | $ 3.65
Diluted (in dollars per share) | [1] | $ 3.55 | $ 3.09 | $ 3.46
Weighted average number of shares: |  |  |  |
Basic (in shares) |  | 39,976 | 39,593 | 39,017
Diluted (in shares) |  | 42,585 | 42,164 | 41,614
[1] | In accordance with ASC 260-10, Earnings Per Share, ("ASC 260-10") we calculate the dilutive effect of convertible securities using the "if-converted" method.

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