v3.8.0.1

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Revenues |  |  |
Homebuilding | $ 821,616 | $ 764,041 | $ 498,915
Amenity and other | 17,061 | 11,698 | 12,385
Land sales | 4,576 | 3,566 | 6,466
Total revenues | 843,253 | 779,305 | 517,766
Expenses |  |  |
Homebuilding cost of revenue | 682,504 | 625,471 | 405,538
Amenity and other | 14,838 | 11,148 | 10,702
Land sales | 1,785 | 1,230 | 823
Total real estate expenses | 699,127 | 637,849 | 417,063
Selling, general and administrative expenses | 106,391 | 100,219 | 79,586
Interest income and other | (1,063) | (16) | (308)
Interest expense | 10,618 | 3,667 | 9,039
Loss on extinguishment of debt | 9,848 |  |
Total expenses | 824,921 | 741,719 | 505,380
Income before income taxes | 18,332 | 37,586 | 12,386
Income tax expense (benefit) | 40,268 | (109,521) | 436
Net income (loss) | $ (21,936) | $ 147,107 | $ 11,950
Basic earnings (loss) per share (in dollars per share) | $ (0.98) | $ 6.58 | $ 0.54
Basic weighted average shares outstanding (in shares) | 22,493 | 22,346 | 22,010
Diluted earnings (loss) per share (in dollars per share) | $ (0.98) | $ 5.66 | $ 0.54
Diluted weighted average shares outstanding (in shares) | 22,493 | 26,509 | 22,130

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