XML 19 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS:    
Total Cash, Cash Equivalents and Restricted Cash $ 21,529 $ 151,703
Mortgage loans held for sale 169,651 171,580
Inventory 1,674,460 1,414,574
Property and equipment - net 29,395 26,816
Investment in joint venture arrangements 35,870 20,525
Deferred income tax asset 13,482 18,438
Goodwill 16,400 0
Other assets 60,794 61,135
TOTAL ASSETS 2,021,581 1,864,771
LIABILITIES:    
Accounts payable 131,511 117,233
Customer deposits 32,055 26,378
Other liabilities 150,051 131,534
Community development district obligations 12,392 13,049
Obligation for consolidated inventory not owned 19,308 21,545
Notes payable bank - homebuilding operations 117,400 0
Notes payable bank - financial services operations 153,168 168,195
Notes payable - other 5,938 10,576
Convertible senior subordinated notes due 2018 - net 0 86,132
Senior notes due 2021 - net 297,884 296,780
Senior notes due 2025 - net 246,571 246,051
TOTAL LIABILITIES 1,166,278 1,117,473
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $.01 par value; authorized 58,000,000 shares at both December 31, 2018 and 2017; issued 30,137,141 and 29,508,626 shares at December 31, 2018 and 2017 301 295
Additional paid-in capital 330,517 306,483
Retained earnings 580,992 473,329
Treasury shares - at cost - 2,620,923 and 1,651,874 shares at December 31, 2018 and 2017, respectively (56,507) (32,809)
TOTAL SHAREHOLDERS' EQUITY 855,303 747,298
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,021,581 $ 1,864,771