XML 54 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2
Supplementary Financial Data Supplementary Financial Data (Tables)
 12 Months Ended
Dec. 31, 2016
Supplementary Financial Data [Abstract]  
Supplemental Financial Data [Table Text Block]
The following tables set forth our selected consolidated financial and operating data for the quarterly periods indicated.
 
December 31, 2016
September 30, 2016
June 30,
2016
March 31, 2016
 
(In thousands, except per share amounts)
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
Revenue
$
523,246

$
442,464

$
401,247

$
324,370

Gross margin
$
104,586

$
78,829

$
81,539

$
64,198

Net income to common shareholders (a)
$
19,343

$
9,724

$
14,697

$
7,970

Earnings per common share: (c)
 

 

 

 

Basic
$
0.78

$
0.39

$
0.60

$
0.32

Diluted
$
0.67

$
0.35

$
0.52

$
0.30

Weighted average common shares outstanding:
 

 

 

 

Basic
24,671

24,669

24,669

24,657

Diluted
30,166

30,139

30,077

30,032

 
 
 
 
 
 
December 31, 2015
September 30, 2015
June 30,
2015
March 31,
2015
 
(In thousands, except per share amounts)
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
Revenue
$
468,923

$
363,457

$
322,856

$
263,159

Gross margin
$
94,816

$
78,041

$
70,261

$
56,976

Net income to common shareholders (b)
$
12,056

$
14,352

$
12,131

$
8,349

Earnings per common share: (c)
 

 

 

 

Basic
$
0.49

$
0.58

$
0.49

$
0.34

Diluted
$
0.43

$
0.51

$
0.43

$
0.31

Weighted average common shares outstanding:
 

 

 

 

Basic
24,649

24,605

24,531

24,514

Diluted
30,107

30,067

30,023

29,975


(a)
Net income to common shareholders includes a $14.5 million charge for known and estimated future stucco-related repair costs in certain of our Florida communities (as more fully discussed in Note 8) taken during the third quarter of 2016 and $4.0 million of impairment charges taken during the fourth quarter of 2016.
(b)
Net income to common shareholders includes $7.8 million of early debt extinguishment charges and $3.6 million of impairment charges taken during the fourth quarter of 2015.
(c)
Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently.