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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 5,434,052 $ 4,642,866 $ 5,717,987
Inventory impairments (16,750) (29,700) (121,875)
Selling, general and administrative expenses (619,536) (429,894) (536,395)
Interest and other income 55,021 73,567 10,843
Transaction costs (39,361)    
Other income (expense), net 14,085 16,695 (25,000)
Expenses (74,767) (62,942) (71,327)
Income before income taxes 405,402 526,105 759,854
Provision for income taxes (82,172) (125,100) (197,715)
Net income 323,230 401,005 562,139
Other comprehensive income net of tax:      
Unrealized gain related to available-for-sale debt securities (51) 51 0
Other comprehensive income (51) 51 0
Comprehensive income 323,179 401,056 562,139
Homebuilding:      
Revenues 5,285,366 4,520,296 5,586,264
Home cost of sales (4,347,342) (3,684,487) (4,214,379)
Inventory impairments (16,750) (29,700) (121,875)
Total cost of sales (4,364,092) (3,714,187) (4,336,254)
Gross margin 921,274 806,109 1,250,010
Selling, general and administrative expenses (619,536) (429,894) (536,395)
Interest and other income 55,021 73,567 10,843
Transaction costs (39,361) 0 0
Other income (expense), net (5,872) 350 (32,991)
Other income (expense), net 55,021 73,567 10,843
Income before income taxes $ 311,526 $ 450,132 $ 691,467
Other comprehensive income net of tax:      
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Home Sales Home Sales Home Sales
Financial Services:      
Revenues $ 148,686 $ 122,570 $ 131,723
Expenses (74,767) (62,942) (71,327)
Other income (expense), net 19,957 16,345 7,991
Income before income taxes $ 93,876 $ 75,973 $ 68,387
Other comprehensive income net of tax:      
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Financial Revenue Financial Revenue Financial Revenue