Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
OPERATING ACTIVITIES:
Net income	$ 284,807	$ 221,067
Adjustments to reconcile net income to net cash used in operating activities:
Equity in loss (income) from joint venture arrangements	0	(35)
Mortgage loan originations	(1,240,101)	(1,009,994)
Proceeds from the sale of mortgage loans	1,185,705	1,062,524
Fair value adjustment of mortgage loans held for sale	3,471	(836)
Servicing Asset at Fair Value, Additions	(2,456)	(2,880)
Amortization of mortgage servicing rights	612	988
Depreciation	6,846	6,346
Amortization of debt issue costs	1,616	1,329
Gain on sale of mortgage servicing rights	(2,613)	(1,119)
Stock-based compensation expense	7,349	4,324
Excess tax benefits on equity compensation	(2,408)	(1,788)
Change in assets and liabilities:
Inventory	(143,868)	157,048
Other assets	(16,824)	(71)
Accounts payable	74,181	36,059
Customer deposits	8,131	4,973
Accrued compensation	(25,420)	(26,865)
Other liabilities	4,255	(33,381)
Net cash (used in) provided by operating activities	143,283	417,689
INVESTING ACTIVITIES:
Purchase of property and equipment	(5,770)	(2,122)
Investment in joint venture arrangements	(29,004)	(10,472)
Net proceeds from sale of mortgage servicing rights	7,233	9,792
Net cash provided by (used in) investing activities	(27,541)	(2,802)
FINANCING ACTIVITIES:
Net proceeds from (repayment of) bank borrowings - financial services operations	56,948	(59,345)
Payments for repurchase of common stock	(75,585)	(15,207)
Debt issue costs	0	(159)
Proceeds from exercise of stock options	7,549	16,569
Net cash (used in) provided by financing activities	(11,088)	(58,142)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	104,654	356,745
Cash, cash equivalents and restricted cash-Period Start	732,804	311,542
Cash, cash equivalents and restricted cash-Period End	837,458	668,287
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest — net of amount capitalized	320	1,451
Income taxes	82,786	76,672
NON-CASH TRANSACTIONS DURING THE PERIOD
Community development district infrastructure	(1,822)	(5,969)
Consolidated inventory not owned	(25,365)	3,606
Distribution of single-family lots from joint venture arrangements	$ 27,234	$ 20,073