Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
OPERATING ACTIVITIES:
Net income	$ 138,061	$ 103,066
Adjustments to reconcile net income to net cash used in operating activities:
Equity in loss (income) from joint venture arrangements	0	(7)
Mortgage loan originations	(600,946)	(494,461)
Proceeds from the sale of mortgage loans	539,379	514,346
Fair value adjustment of mortgage loans held for sale	2,849	(3,975)
Servicing Asset at Fair Value, Additions	(1,127)	(1,390)
Amortization of mortgage servicing rights	355	523
Depreciation	3,304	3,214
Amortization of debt issue costs	808	660
Gain on sale of mortgage servicing rights	(2,613)	0
Stock-based compensation expense	3,539	2,023
Change in assets and liabilities:
Inventory	15,775	175,316
Other assets	(3,808)	(4,564)
Accounts payable	20,294	(20,171)
Customer deposits	7,388	4,682
Accrued compensation	(40,047)	(38,969)
Other liabilities	32,561	11,206
Net cash (used in) provided by operating activities	115,772	251,499
INVESTING ACTIVITIES:
Purchase of property and equipment	(276)	(2,079)
Investment in joint venture arrangements	(23,685)	(2,714)
Net proceeds from sale of mortgage servicing rights	6,853	0
Net cash provided by (used in) investing activities	(17,108)	(4,793)
FINANCING ACTIVITIES:
Net proceeds from (repayment of) bank borrowings - financial services operations	58,477	(22,123)
Payments for repurchase of common stock	(25,278)	0
Proceeds from exercise of stock options	5,495	6,439
Net cash (used in) provided by financing activities	38,694	(15,684)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	137,358	231,022
Cash, cash equivalents and restricted cash-Period Start	732,804	311,542
Cash, cash equivalents and restricted cash-Period End	870,162	542,564
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest — net of amount capitalized	7,788	8,458
Income taxes	683	838
NON-CASH TRANSACTIONS DURING THE PERIOD
Community development district infrastructure	(2,215)	(2,641)
Consolidated inventory not owned	(12,291)	2,600
Distribution of single-family lots from joint venture arrangements	$ 8,550	$ 5,244