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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Net income $ 89,358 $ 90,803 $ 59,148
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 16,926 16,304 18,207
Stock-based compensation 7,195 8,213 4,375
Deferred income taxes 584 234 (2,458)
Net (gain) loss on sale of land, property and equipment 128 (77) (34,746)
Other 960 869 595
Changes in operating assets and liabilities:      
Inventories (6,303) (22,123) 14,909
Customer deposits (50,928) 12,714 56,062
Other assets and liabilities (923) (3,244) (3,250)
Accounts payable and accrued liabilities (5,982) (6,451) 17,349
Net cash provided by operating activities 51,015 97,242 130,191
Cash Flows from Investing Activities      
Capital expenditures (28,411) (34,090) (10,927)
Proceeds from sale of property and equipment 86 88 76,285
Net cash (used in) provided by investing activities (28,325) (34,002) 65,358
Cash Flows from Financing Activities      
Proceeds from borrowings under revolving credit facilities 0 0 43,800
Payments of borrowings under revolving credit facilities 0 0 (43,800)
Net change in borrowings under revolving credit facilities 0 0 0
Dividends paid (33,948) (52,446) (50,521)
Common stock repurchased (29,998) (41,809) (19,708)
Taxes on vested restricted shares (1,676) (2,894) (951)
Net cash used in financing activities (65,622) (97,149) (71,180)
Cash Equivalents (42,932) (33,909) 124,369
Beginning of Year 172,862 206,771 82,402
End of Year 129,930 172,862 206,771
Supplemental Disclosures      
Cash paid during the period for income taxes, net of refunds 27,957 32,395 18,169
Cash paid for interest $ 127 $ 126 $ 365