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Supplementary Financial Data Supplementary Financial Data (Tables)
 12 Months Ended
Dec. 31, 2017
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, 2017
September 30, 2017
June 30,
2017
March 31, 2017
 
(In thousands, except per share amounts)
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
Revenue
$
621,702

$
476,423

$
456,866

$
406,980

Gross margin (a)
$
115,551

$
101,750

$
89,268

$
86,699

Net income to common shareholders (a)
$
15,882

$
18,852

$
15,770

$
15,664

Earnings per common share: (c)
 

 

 

 

Basic
$
0.57

$
0.74

$
0.63

$
0.63

Diluted
$
0.53

$
0.64

$
0.55

$
0.55

Weighted average common shares outstanding:
 

 

 

 

Basic
27,736

25,581

24,990

24,738

Diluted
31,172

30,675

30,619

30,329

 
 
 
 
 
 
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 (b)
$
104,586

$
78,829

$
81,539

$
64,198

Net income to common shareholders (b)
$
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


(a)
Gross margin and net income to common shareholders includes an $8.5 million pre-tax charge for stucco-related repair costs in certain of our Florida communities (as more fully discussed in Note 8 to our Consolidated Financial Statements) taken during the second quarter of 2017, and $7.7 million of impairment charges taken during the fourth quarter of 2017.
(b)
Gross margin and net income to common shareholders includes $2.2 million, $2.8 million and $14.5 million of pre-tax charges for stucco-related repair costs in certain of our Florida communities (as more fully discussed in Note 8 to our Consolidated Financial Statements) taken during the first, second and third quarter of 2016, respectively, and $4.0 million of impairment charges taken during the fourth quarter of 2016.
(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.