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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Homebuilding $ 196,884 $ 184,605 $ 345,544 $ 305,838
Amenity and other 4,125 2,737 8,762 5,519
Land sales 185 754 2,436 829
Total revenues 201,194 188,096 356,742 312,186
Expenses        
Homebuilding cost of revenues 162,600 151,382 285,465 250,379
Amenity and other 3,566 2,370 7,896 4,956
Land sales 180 374 1,162 390
Total real estate expenses 166,346 154,126 294,523 255,725
Selling, general and administrative expenses 27,014 25,771 49,385 46,155
Interest income and other (253) 23 (258) (1)
Interest expense 3,685 880 4,522 2,152
Loss on extinguishment of debt 2,933   2,933 0
Total expenses 199,725 180,800 351,105 304,031
Income before income taxes 1,469 7,296 5,637 8,155
Income tax expense (benefit) 822 (110,065) 2,551 (109,997)
Net income and comprehensive income $ 647 $ 117,361 $ 3,086 $ 118,152
Basic earnings per share (in dollars per share) $ 0.03 $ 5.24 $ 0.14 $ 5.28
Basic weighted average shares outstanding (in shares) 22,487 22,403 22,479 22,396
Diluted earnings per share (in dollars per share) $ 0.03 $ 4.45 $ 0.14 $ 4.53
Diluted weighted average shares outstanding (in shares) 22,800 26,648 22,785 26,615