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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 447,221 $ 602,703 $ 494,090
Adjustments to reconcile net income to net cash from operating activities:      
Deferred income tax expense 422,307 334,787 311,699
Land-related charges 191,913 19,357 11,467
Depreciation and amortization 50,998 54,007 46,222
Share-based compensation expense 33,683 22,228 24,752
Loss on debt retirements 0 657 0
Other, net (1,789) 1,614 (4,865)
Increase (decrease) in cash due to:      
Inventories (569,030) (897,092) (917,298)
Residential mortgage loans available-for-sale (33,009) (99,527) (104,609)
Other assets 55,099 (45,721) (175,150)
Accounts payable, accrued and other liabilities 65,684 75,257 (23,898)
Net cash provided by (used in) operating activities 663,077 68,270 (337,590)
Cash flows from investing activities:      
Capital expenditures (32,051) (39,295) (45,440)
Investment in unconsolidated subsidiaries (23,037) (14,539) (454)
Cash used for business acquisition 0 (430,458) 0
Other investing activities, net 4,846 13,100 11,330
Net cash used in investing activities (50,242) (471,192) (34,564)
Cash flows from financing activities:      
Proceeds from debt issuance 0 1,995,937 498,087
Repayments of debt (134,747) (986,919) (239,193)
Borrowings under revolving credit facility 2,720,000 619,000 125,000
Repayments under revolving credit facility (2,720,000) (619,000) (125,000)
Financial Services borrowings, net 106,183 63,744 127,636
Stock option exercises 27,720 5,845 10,535
Share repurchases (916,323) (603,206) (442,738)
Dividends paid (112,748) (124,666) (115,958)
Net cash provided by (used in) financing activities (1,029,915) 350,735 (161,631)
Net increase (decrease) (417,080) (52,187) (533,785)
Cash, cash equivalents, and restricted cash at beginning of period 723,248 775,435 1,309,220
Cash, cash equivalents, and restricted cash at end of period 306,168 723,248 775,435
Supplemental Cash Flow Information:      
Interest paid (capitalized), net (942) (26,538) (4,193)
Income taxes paid (refunded), net $ 14,875 $ 2,743 $ (5,654)