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Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Other operations revenue $ 648 $ 637 $ 1,266 $ 1,235
Total revenues 770,106 698,714 1,367,156 1,193,346
Other operations expense 624 627 1,248 1,217
Sales and marketing 45,194 47,065 87,831 86,054
General and administrative 37,554 36,854 77,391 75,451
Restructuring charges 5,549 0 5,549 0
Homebuilding income from operations 77,081 33,166 116,355 26,289
Equity in loss of unconsolidated entities (25) (26) (39) (51)
Other (expense) income, net (6,328) 153 (5,955) 6,394
Homebuilding income before income taxes 70,728 33,293 110,361 32,632
Equity in income of unconsolidated entities 2,932 1,972 4,488 2,747
Financial services income before income taxes 3,943 2,101 6,014 2,857
Income before income taxes 74,671 35,394 116,375 35,489
Provision for income taxes (18,143) (9,132) (27,964) (9,156)
Net income $ 56,528 $ 26,262 $ 88,411 $ 26,333
Earnings per share        
Basic (in dollars per share) $ 0.43 $ 0.18 $ 0.67 $ 0.19
Diluted (in dollars per share) $ 0.43 $ 0.18 $ 0.67 $ 0.18
Weighted average shares outstanding        
Basic (shares) 130,292,563 142,244,166 132,326,856 142,055,766
Diluted (shares) 130,506,567 142,471,191 132,763,775 142,431,725
Homebuilding        
Total revenues $ 767,810 $ 697,958 $ 1,363,266 $ 1,192,288
Home sales        
Home sales and Land and lot sales revenue 766,942 692,138 1,361,780 1,184,841
Cost of sales and expenses 601,434 574,684 1,074,316 996,220
Land and lots        
Home sales and Land and lot sales revenue 220 5,183 220 6,212
Cost of sales and expenses 374 5,562 576 7,057
Financial Services        
Home sales and Land and lot sales revenue 2,296 756 3,890 1,058
Total revenues 2,296 756 3,890 1,058
Cost of sales and expenses $ 1,285 $ 627 $ 2,364 $ 948