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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 24,164 $ 41,070
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,017 8,664
Share-based compensation expense 4,439 4,196
Other (256) (1,444)
Changes in operating assets and liabilities:    
Inventories 3,611 (22,022)
Customer deposits (2,380) (8,135)
Other assets and liabilities 11,637 (966)
Accounts payable and accrued liabilities (10,104) 4,942
Net cash provided by operating activities 40,128 26,305
Cash Flows from Investing Activities:    
Capital expenditures (40,482) (13,548)
Proceeds from sale of land, property and equipment 23 52
Net cash used in investing activities (40,459) (13,496)
Cash Flows from Financing Activities:    
Dividends paid (9,414) (8,819)
Common stock repurchased 0 (25,001)
Taxes on vested restricted shares (4,083) (1,675)
Net cash used in financing activities (13,497) (35,495)
Decrease in cash, cash equivalents and restricted cash equivalents during the period (13,828) (22,686)
Cash, cash equivalents and restricted cash equivalents at beginning of period 129,930 172,862
Cash, cash equivalents and restricted cash equivalents at end of period $ 116,102 $ 150,176