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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 83,925 $ 90,791
Depreciation, Depletion and Amortization 1,405 1,126
Gain (Loss) on Disposition of Property Plant Equipment (8) 66
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 8,133 6,365
Earnest Money Deposits and Pre-acquisition Costs Written-Off 264 5
Income (Loss) from Equity Method Investments (473) (2,592)
Distributions of income from unconsolidated entities 0 998
Gain on Sale of Investments 0 (10,718)
Changes in operating assets and liabilities:    
Decrease in receivables 1,262 2,002
Increase in inventory (48,489) (122,108)
(Increase) decrease in earnest money deposits (3,416) 155
Decrease in other assets 13,294 7,188
Increase (decrease) in accounts payable (17,998) 991
(Decrease) increase in accrued expenses (6,597) 17,758
Increase (Decrease) in Contract with Customer, Liability 1,449 10,972
Net cash provided by operating activities 68,747 1,017
Cash flows from investing activities:    
Purchase of property and equipment, net of disposals (713) (942)
Net cash (used in) provided by investing activities (11,961) 61,323
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]    
Borrowings from lines of credit 81,160 0
Repayments of Lines of Credit 105,589 0
Repayments of Senior Debt (25,000) (25,000)
Payment, Tax Withholding, Share-based Payment Arrangement 3,059 2,161
Payments for Repurchase of Common Stock (16,919) (3,758)
Payments to Noncontrolling Interests 11,500 6,785
Net cash used in financing activities (81,626) (51,291)
Net (decrease) increase in cash and cash equivalents and restricted cash (24,840) 11,049
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Beginning Balance 159,696 199,459
Cash and cash equivalents and restricted cash, end of period 134,856 210,508
Supplemental Cash Flow Information [Abstract]    
Earnest Money Deposits and Pre-acquisition Costs Written-Off 264 5
Repayments of Notes Payable 0 (12,868)
Payments to Acquire Equity Method Investments (11,248) (1,695)
Proceeds from Sale of Equity Method Investments 0 63,960
Payments of Dividends $ (719) $ (719)