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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash, Cash Equivalents, and Restricted Cash $ 821,570 $ 732,804
Mortgage loans Held-for-sale 283,540 176,329
Inventory 3,091,862 2,797,151
Property and equipment - net 34,513 34,918
Investment in joint venture arrangements 65,334 44,011
Operating Lease, Right-of-Use Asset 53,895 56,364
Deferred Income Tax Assets, Net 13,451 16,094
Goodwill 16,400 16,400
Other assets 169,231 148,369
TOTAL ASSETS 4,549,796 4,022,440
LIABILITIES:    
Accounts payable 198,579 204,678
Customer deposits 69,327 85,128
Operating Lease, Liability 55,365 57,566
Other liabilities 281,019 252,303
Community Development District Obligation 12,839 19,339
Obligation for consolidated inventory not owned 11,809 26,899
Notes payable bank - homebuilding operations 0  
Notes payable bank - financial services operations 286,159 165,844
Senior Notes due 2028 - net 397,653 396,879
Senior Notes due 2030 - net 297,369 296,865
TOTAL LIABILITIES 1,610,119 1,505,501
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2024 and 2023; issued 30,137,141 shares at both December 31, 2024 and 2023 301 301
Additional paid-in capital 348,705 349,907
Retained earnings 2,865,073 2,301,348
Treasury shares - at cost - 3,074,118 and 2,375,842 shares at December 31, 2024 and 2023, respectively (274,402) (134,617)
TOTAL SHAREHOLDERS' EQUITY 2,939,677 2,516,939
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,549,796 $ 4,022,440