Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
OPERATING ACTIVITIES:
Net income	$ 360,083	$ 360,267
Adjustments to reconcile net income to net cash used in operating activities:
Equity in loss (income) from joint venture arrangements	(34)	(17)
Mortgage loan originations	(1,588,199)	(1,482,628)
Proceeds from the sale of mortgage loans	1,622,683	1,567,685
Fair value adjustment of mortgage loans held for sale	874	7,271
Servicing Asset at Fair Value, Additions	(4,312)	(7,090)
Amortization of mortgage servicing rights	1,269	1,137
Depreciation	9,565	9,754
Amortization of debt issue costs	2,056	1,933
Gain on sale of mortgage servicing rights	(990)
Loss on sale of mortgage servicing rights		418
Stock-based compensation expense	7,006	6,613
Change in assets and liabilities:
Inventory	108,627	(533,036)
Other assets	2,149	(37,400)
Accounts payable	22,340	51,821
Customer deposits	1,557	18,504
Accrued compensation	(7,187)	(807)
Other liabilities	(40,257)	21,426
Net cash (used in) provided by operating activities	497,230	(14,149)
INVESTING ACTIVITIES:
Purchase of property and equipment	(4,613)	(3,878)
Return of capital from joint venture arrangements	0	2,046
Investment in joint venture arrangements	(19,726)	(17,366)
Net proceeds from sale of mortgage servicing rights	10,207	100
Net cash provided by (used in) investing activities	(14,132)	(19,098)
FINANCING ACTIVITIES:
Proceeds from bank borrowings - homebuilding operations	0	238,900
Principal repayments of bank borrowings - homebuilding operations	0	(238,900)
Net repayment of bank borrowings - financial services operations	(45,122)	(76,789)
Proceeds from (principal repayments of) notes payable-other and CDD bond obligations	0	(4,119)
Payments for repurchase of common stock	(40,259)	(55,334)
Debt issue costs	(159)	(120)
Proceeds from exercise of stock options	27,152	1,002
Net cash (used in) provided by financing activities	(58,388)	(135,360)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	424,710	(168,607)
Cash, cash equivalents and restricted cash-Period Start	311,542	236,368
Cash, cash equivalents and restricted cash-Period End	736,252	67,761
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest — net of amount capitalized	9,376	8,562
Income taxes	112,375	123,118
NON-CASH TRANSACTIONS DURING THE PERIOD
Community development district infrastructure	(8,551)	11,902
Consolidated inventory not owned	6,147	2,010
Distribution of single-family lots from joint venture arrangements	$ 26,448	$ 20,758