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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 122,840 $ 226,150
Cash held in escrow 84,776 101,845
Accounts receivable 65,995 76,213
Inventories 3,107,133 3,016,641
Mortgage loans held for sale 217,702 251,852
Prepaid expenses and other assets 388,801 350,193
Property and equipment, net 74,647 69,075
Deferred tax assets, net 17,601 16,998
Goodwill 32,082 30,395
Total assets 4,111,577 4,139,362
Liabilities:    
Accounts payable 135,784 147,265
Accrued expenses and other liabilities 274,308 303,392
Notes payable 1,069,762 1,062,471
Revolving line of credit
Mortgage repurchase facilities 212,447 239,298
Total liabilities 1,692,301 1,752,426
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 31,790,585 and 31,774,615 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 318 318
Additional paid-in capital 569,581 592,989
Retained earnings 1,849,377 1,793,629
Total stockholders' equity 2,419,276 2,386,936
Total liabilities and stockholders' equity $ 4,111,577 $ 4,139,362