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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 602,703 $ 494,090 $ 474,338
Adjustments to reconcile net income to net cash from operating activities:      
Deferred income tax expense 334,787 311,699 223,769
Write-down of land and deposits and pre-acquisition costs 19,357 11,467 11,168
Depreciation and amortization 54,007 46,222 39,864
Share-based compensation expense 22,228 24,752 29,292
Loss on debt retirements 657 0 8,584
Other, net 1,614 (4,865) (2,566)
Increase (decrease) in cash due to:      
Inventories (897,092) (917,298) (337,939)
Residential mortgage loans available-for-sale (99,527) (104,609) (53,734)
Other assets (45,721) (175,150) (46,249)
Accounts payable, accrued and other liabilities 75,257 (23,898) (38,646)
Net cash provided by (used in) operating activities 68,270 (337,590) 307,881
Cash flows from investing activities:      
Capital expenditures (39,295) (45,440) (48,790)
Investment in unconsolidated subsidiaries (14,539) (454) (9)
Cash used for business acquisition (430,458) 0 (82,419)
Other investing activities, net 13,100 11,330 8,605
Net cash used in investing activities (471,192) (34,564) (122,613)
Cash flows from financing activities:      
Proceeds from debt issuance 1,995,937 498,087 0
Repayments of debt (986,919) (239,193) (250,631)
Borrowings under revolving credit facility 619,000 125,000 0
Repayments under revolving credit facility (619,000) (125,000) 0
Financial Services borrowings 63,744 127,636 34,577
Stock option exercises 5,845 10,535 15,627
Share repurchases (603,206) (442,738) (253,019)
Dividends paid (124,666) (115,958) (75,646)
Net cash provided by (used in) financing activities 350,735 (161,631) (529,092)
Net increase (decrease) (52,187) (533,785) (343,824)
Cash, cash equivalents, and restricted cash at beginning of period 775,435 1,309,220 1,653,044
Cash, cash equivalents, and restricted cash at end of period 723,248 775,435 1,309,220
Supplemental Cash Flow Information:      
Interest paid (capitalized), net (26,538) (4,193) (4,561)
Income taxes paid (refunded), net $ 2,743 $ (5,654) $ 1,030