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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 3,293,253 $ 3,065,216 $ 2,577,614
Inventory impairments (935) (21,850) (10,010)
Pretax income 304,989 263,854 229,732
Provision for income taxes (66,677) (53,074) (87,897)
Net income 238,312 210,780 141,835
Other comprehensive loss related to available-for-sale securities, net of tax 0 0 (18,079)
Comprehensive income $ 238,312 $ 210,780 $ 123,756
Earnings per share:      
Basic (in dollars per share) $ 3.84 $ 3.46 $ 2.35
Diluted (in dollars per share) $ 3.72 $ 3.39 $ 2.30
Weighted average common shares outstanding      
Basic (in shares) 61,616,988 60,571,123 60,117,021
Diluted (in shares) 63,702,666 61,830,761 61,453,578
Homebuilding Segment [Member]      
Revenues $ 3,205,248 $ 2,981,811 $ 2,503,242
Cost of sales (2,601,131) (2,436,989) (2,088,283)
Inventory impairments (935) (21,850) (10,010)
Gross margin 604,117 544,822 414,959
Selling, general and administrative expenses (362,790) (329,801) (287,488)
Interest and other income 9,070 7,718 61,336
Other expense (5,635) (5,245) (2,868)
Pretax income 244,762 217,494 185,939
Other comprehensive loss related to available-for-sale securities, net of tax 0 0 (18,079)
Homebuilding Segment [Member] | Home Building [Member]      
Revenues 3,205,248 2,981,811 2,498,695
Cost of sales (2,600,196) (2,415,139) (2,073,833)
Homebuilding Segment [Member] | Land [Member]      
Revenues 0 0 4,547
Cost of sales 0 0 (4,440)
Financial Services Segment [Member]      
Revenues 88,005 83,405 74,372
Interest and other income 17,223 1,155 3,955
Pretax income 60,227 46,360 43,793
Expenses (45,001) (38,200) (34,534)
Other income (expense), net $ 17,223 $ 1,155 $ 3,955