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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 1,141,274 $ 748,395 $ 698,714 $ 494,632 $ 1,132,697 $ 775,071 $ 771,303 $ 583,676 $ 3,083,015 $ 3,262,747 $ 2,810,272
Other operations expense                 2,434 3,174 2,298
Sales and marketing                 195,148 187,267 137,066
General and administrative                 157,161 155,030 137,764
Homebuilding income from operations                 253,859 353,204 343,634
Equity loss of unconsolidated entities                 (52) (393) (11,433)
Other income (loss), net                 6,857 (419) 151
Homebuilding income before income taxes                 260,664 352,392 332,352
Equity in income of unconsolidated entities                 9,316 8,517 6,426
Financial services income before income taxes                 10,423 9,673 7,466
Income before income taxes                 271,087 362,065 339,818
Provision for income taxes                 (63,900) (90,552) (152,267)
Net income 117,993 62,861 26,262 71 100,984 63,969 63,680 42,880 207,187 271,513 187,551
Net income attributable to noncontrolling interests 0 0 0 0 (1,602) 0 0 0 0 (1,602) (360)
Net income available to common stockholders $ 117,993 $ 62,861 $ 26,262 $ 71 $ 99,382 $ 63,969 $ 63,680 $ 42,880 $ 207,187 $ 269,911 $ 187,191
Earnings per share                      
Basic (in dollars per share) $ 0.85 $ 0.45 $ 0.18 $ 0 $ 0.70 $ 0.43 $ 0.42 $ 0.28 $ 1.47 $ 1.82 $ 1.21
Diluted (in dollars per share) $ 0.85 $ 0.44 $ 0.18 $ 0 $ 0.70 $ 0.43 $ 0.42 $ 0.28 $ 1.47 $ 1.81 $ 1.21
Weighted average shares outstanding                      
Basic (shares)                 140,851,444 148,183,431 154,134,411
Diluted (shares)                 141,394,227 149,004,690 155,085,366
Home sales                      
Home sales                 $ 3,069,375 $ 3,244,087 $ 2,732,299
Cost of home sales                 2,462,708 2,536,899 2,173,251
Land and lot sales                      
Home sales                 7,176 8,758 74,269
Cost of home sales                 7,711 25,435 14,888
Other operations                      
Revenues                 2,470 8,164 2,333
Homebuilding                      
Revenues                 3,079,021 3,261,009 2,808,901
Financial services                      
Revenues                 3,994 1,738 1,371
Cost of home sales                 $ 2,887 $ 582 $ 331