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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 149,205 $ 172,200
Depreciation, Depletion and Amortization 1,584 1,125
Gain (Loss) on Disposition of Property Plant Equipment (146) 39
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 5,966 3,117
Earnest Money Deposits and Pre-acquisition Costs Written-Off 47 174
Income (Loss) from Equity Method Investments (9,920) (14,210)
Distributions of income from unconsolidated entities 7,324 6,876
Changes in operating assets and liabilities:    
(Increase) decrease in receivables (1,769) 43
Decrease (increase) in inventory 18,938 (164,784)
Decrease in earnest money deposits 7,773 1,306
Decrease in other assets 888 1,613
Increase in accounts payable (5,660) (14,547)
Increase in accrued expenses 10,479 34,360
Increase (Decrease) in Contract with Customer, Liability 14,139 (6,986)
Net cash provided by operating activities 210,168 49,420
Cash flows from investing activities:    
Purchase of property and equipment, net of disposals (2,852) (1,072)
Net cash used in investing activities (7,832) (2,199)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Borrowings from lines of credit 22,000 222,000
Repayments of Lines of Credit 42,000 187,000
Payment, Tax Withholding, Share-based Payment Arrangement 1,975 1,075
Payments for Repurchase of Common Stock (27,991) (92,312)
Payments of Dividends (1,438) (1,374)
Payments to Noncontrolling Interests 11,056 5,718
Net cash used in financing activities (64,404) (51,121)
Net increase (decrease) in cash and cash equivalents and restricted cash 137,932 (3,900)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 231,202 89,654
Restricted Cash 21,607  
Supplemental Cash Flow Information [Abstract]    
Income Taxes Paid, Net 39,071 39,249
Earnest Money Deposits and Pre-acquisition Costs Written-Off 47 174
Proceeds from Notes Payable 63 14,472
Repayments of Notes Payable (95) (28)
Payments of Debt Issuance Costs (72) (86)
Payments for Repurchase of Redeemable Noncontrolling Interest (1,840) 0
Payments to Acquire Equity Method Investments $ (4,980) $ (1,127)