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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash, Cash Equivalents, and Restricted Cash $ 732,804 $ 311,542
Mortgage loans Held-for-sale 176,329 242,539
Inventory 2,797,151 2,828,602
Property and equipment - net 34,918 37,446
Investment in joint venture arrangements 44,011 51,554
Operating Lease, Right-of-Use Asset 56,364 60,416
Deferred Income Tax Assets, Net 16,094 18,019
Goodwill 16,400 16,400
Other assets 148,369 148,405
TOTAL ASSETS 4,022,440 3,714,923
LIABILITIES:    
Accounts payable 204,678 228,597
Customer deposits 85,128 93,118
Operating Lease, Liability 57,566 61,310
Other liabilities 252,303 276,217
Community Development District Obligation 19,339 29,701
Obligation for consolidated inventory not owned 26,899 17,048
Notes payable bank - homebuilding operations 0  
Notes payable bank - financial services operations 165,844 245,741
Senior Notes due 2028 - net 396,879 396,105
Senior Notes due 2030 - net 296,865 296,361
TOTAL LIABILITIES 1,505,501 1,644,198
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2023 and 2022; issued 30,137,141 shares at both December 31, 2023 and 2022 301 301
Additional paid-in capital 349,907 352,639
Retained earnings 2,301,348 1,835,983
Treasury shares - at cost - 2,375,842 and 2,697,058 shares at December 31, 2023 and 2022, respectively (134,617) (118,198)
TOTAL SHAREHOLDERS' EQUITY 2,516,939 2,070,725
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,022,440 $ 3,714,923