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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Other operations expense $ 704 $ 686 $ 1,350 $ 1,310
Sales and marketing 38,523 45,489 70,762 85,949
General and administrative 56,829 51,263 105,285 92,612
Homebuilding income from operations 177,709 151,856 292,725 242,775
Equity in income (loss) of unconsolidated entities 143 (16) 88 (29)
Other income, net 116 149 389 257
Homebuilding income before income taxes 177,968 151,989 293,202 243,003
Equity in income of unconsolidated entities 0 3,949 46 6,640
Financial services income before income taxes 5,906 5,145 9,396 8,534
Income before income taxes 183,874 157,134 302,598 251,537
Provision for income taxes (45,936) (39,265) (76,161) (62,866)
Net income 137,938 117,869 226,437 188,671
Net income attributable to noncontrolling interests (1,555) 0 (2,576) 0
Net income available to common stockholders $ 136,383 $ 117,869 $ 223,861 $ 188,671
Earnings per share        
Basic (in dollars per share) $ 1.33 $ 1.01 $ 2.14 $ 1.60
Diluted (in dollars per share) $ 1.33 $ 1.00 $ 2.12 $ 1.59
Weighted average shares outstanding        
Basic (in shares) 102,164,377 116,824,108 104,731,388 118,082,691
Diluted (in shares) 102,787,919 117,770,084 105,478,446 118,921,340
Revenue $ 1,017,689 $ 1,018,064 $ 1,753,933 $ 1,739,030
Homebuilding        
Revenue 1,005,461 1,015,383 1,732,953 1,734,244
Home sales        
Revenue 1,004,644 1,009,307 1,729,895 1,725,982
Cost of sales and expenses 731,352 761,215 1,262,012 1,306,571
Land and lots sales        
Revenue 114 5,416 1,711 6,939
Cost of sales and expenses 344 4,874 819 5,027
Other operating        
Revenue 703 660 1,347 1,323
Financial services        
Income Statement [Abstract]        
Income before income taxes 5,906 5,145 9,396 8,534
Revenue 12,228 2,681 20,980 4,786
Expenses $ 6,322 $ 1,485 $ 11,630 $ 2,892