CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income	$ 349,195	$ 582,409	$ 469,267
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	26,852	28,010	32,421
Equity in loss (income) of unconsolidated entities, net	97	(358)	(14,943)
Deferred income taxes, net	(3,145)	22,245	(9,571)
Amortization of stock-based compensation	19,919	18,780	20,941
Charges for impairments and lot option abandonments	14,157	8,747	20,838
Changes in assets and liabilities:
Real estate inventories	(172,726)	(123,147)	(161,010)
Receivables	(55,187)	(52,453)	(53,445)
Other assets	5,434	(6,510)	20,980
Accounts payable	2,509	(22,530)	5,164
Accrued expenses and other liabilities	8,156	(13,170)	74,344
Returns on investments in unconsolidated entities, net	0	2,253	14,547
Net cash provided by operating activities	195,261	444,276	419,533
Cash flows from investing activities:
Purchases of property and equipment	(25,376)	(43,623)	(29,489)
Proceeds from sale of property and equipment	0	0	2
Investments in unconsolidated entities, net	(1,042)	(14,500)	(42,644)
Net cash used in investing activities	(26,418)	(58,123)	(72,131)
Cash flows from financing activities:
Borrowings from debt	910	112,427	0
Repayment of debt	0	(75,504)	(8,475)
Debt issuance costs	(14)	(2,404)	(3,570)
Distributions to noncontrolling interests	(6,955)	(2,464)	0
Proceeds from issuance of common stock under share-based    awards	870	1,678	5,557
Tax withholding paid on behalf of employees for share-based awards	(9,806)	(9,112)	(4,636)
Share repurchases	(174,559)	(202,638)	(276,045)
Net cash used in financing activities	(189,554)	(178,017)	(287,169)
Net (decrease) increase in cash and cash equivalents	(20,711)	208,136	60,233
Cash and cash equivalents - beginning of year	889,664	681,528	621,295
Cash and cash equivalents - end of year	$ 868,953	$ 889,664	$ 681,528