XML 59 R44.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Results of Quarterly Operations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Results of Operations | The following table presents our unaudited quarterly financial data (in thousands, except per share amounts).
| First |  | Second |  | Third |  | Fourth
2018 | Quarter |  | Quarter |  | Quarter |  | Quarter
Total revenues(1) | $ | 583,676 |  |  | $ | 771,303 |  |  | $ | 775,071 |  |  | $ | 1,132,697 |
Cost of homes sales and other(2) | 451,607 |  |  | 606,111 |  |  | 609,877 |  |  | 897,913 |
Gross margin | $ | 132,069 |  |  | $ | 165,192 |  |  | $ | 165,194 |  |  | $ | 234,784 |
Net income | $ | 42,880 |  |  | $ | 63,680 |  |  | $ | 63,969 |  |  | $ | 100,984 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | (1,602 | )
Net income available to common stockholders | $ | 42,880 |  |  | $ | 63,680 |  |  | $ | 63,969 |  |  | $ | 99,382 |
Earnings per share |  |  |  |  |  |  |
Basic | $ | 0.28 |  |  | $ | 0.42 |  |  | $ | 0.43 |  |  | $ | 0.70 |
Diluted | $ | 0.28 |  |  | $ | 0.42 |  |  | $ | 0.43 |  |  | $ | 0.70 |
__________ (1) Total revenues includes total homebuilding revenues and financial services revenue. (2) Cost of homes sales and other includes cost of homes sales, cost of land and lot sales, and other operations expense.
| First |  | Second |  | Third |  | Fourth
2017 | Quarter |  | Quarter |  | Quarter |  | Quarter
Total revenues(1) | $ | 393,391 |  |  | $ | 570,626 |  |  | $ | 717,735 |  |  | $ | 1,128,520 |
Cost of homes sales and other(2) | 319,618 |  |  | 455,476 |  |  | 534,494 |  |  | 880,849 |
Gross margin | $ | 73,773 |  |  | $ | 115,150 |  |  | $ | 183,241 |  |  | $ | 247,671 |
Net income | $ | 8,217 |  |  | $ | 32,803 |  |  | $ | 72,289 |  |  | $ | 74,242 |
Net income attributable to noncontrolling interests | (24 | ) |  | (89 | ) |  | (25 | ) |  | (222 | )
Net income available to common stockholders | $ | 8,193 |  |  | $ | 32,714 |  |  | $ | 72,264 |  |  | $ | 74,020 |
Earnings per share |  |  |  |  |  |  |
Basic | $ | 0.05 |  |  | $ | 0.21 |  |  | $ | 0.48 |  |  | $ | 0.49 |
Diluted | $ | 0.05 |  |  | $ | 0.21 |  |  | $ | 0.48 |  |  | $ | 0.49 |
__________ (1) Total revenues includes total homebuilding revenues and financial services revenue. (2) Cost of homes sales and other includes cost of homes sales, cost of land and lot sales, and other operations expense.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration