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v3.3.1.900

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
Statement of Operations [Abstract] |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 468,923 | $ 363,457 | $ 322,856 | $ 263,159 | $ 367,964 | $ 330,767 | $ 281,608 | $ 234,841 | $ 1,418,395 | $ 1,215,180 | $ 1,036,782
Land and housing |  |  |  |  |  |  |  |  | 1,114,663 | 958,991 | 824,508
Impairment of inventory and investment in unconsolidated joint ventures |  |  |  |  |  |  |  |  | 3,638 | 3,457 | 5,805
General and administrative |  |  |  |  |  |  |  |  | 93,208 | 88,830 | 79,494
Selling |  |  |  |  |  |  |  |  | 95,092 | 81,148 | 68,282
Equity in income of unconsolidated joint ventures |  |  |  |  |  |  |  |  | (498) | (347) | (306)
Interest |  |  |  |  |  |  |  |  | 17,521 | 13,365 | 15,938
Loss on early extinguishment of debt |  |  |  |  |  |  |  |  | 7,842 | 0 | 1,726
Total costs and expenses |  |  |  |  |  |  |  |  | 1,331,466 | 1,145,444 | 995,447
Income before income taxes |  |  |  |  |  |  |  |  | 86,929 | 69,736 | 41,335
Provision (benefit) from income taxes |  |  |  |  |  |  |  |  | 35,166 | 18,947 | (110,088)
Net income |  |  |  |  |  |  |  |  | 51,763 | 50,789 | 151,423
Preferred dividends |  |  |  |  |  |  |  |  | 4,875 | 4,875 | 3,656
Excess of fair value over book value of preferred shares redeemed |  |  |  |  |  |  |  |  | 0 | 0 | 2,190
Net Income Available to Common Stockholders | $ 12,056 | $ 14,352 | $ 12,131 | $ 8,349 | $ 9,767 | $ 12,399 | $ 12,335 | $ 11,413 | $ 46,888 | $ 45,914 | $ 145,577
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Basic | $ 0.49 | $ 0.58 | $ 0.49 | $ 0.34 | $ 0.40 | $ 0.51 | $ 0.50 | $ 0.47 | $ 1.91 | $ 1.88 | $ 6.11
Diluted | $ 0.43 | $ 0.51 | $ 0.43 | $ 0.31 | $ 0.36 | $ 0.44 | $ 0.44 | $ 0.41 | $ 1.68 | $ 1.65 | $ 5.24
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |
Basic | 24,649 | 24,605 | 24,531 | 24,514 | 24,489 | 24,474 | 24,470 | 24,417 | 24,575 | 24,463 | 23,822
Diluted | 30,107 | 30,067 | 30,023 | 29,975 | 29,944 | 29,921 | 29,913 | 29,870 | 30,047 | 29,912 | 28,763

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