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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and equivalents $ 1,110,088 $ 272,683
Restricted cash 23,612 33,485
Total cash, cash equivalents, and restricted cash 1,133,700 306,168
House and land inventory 7,253,353 7,147,130
Land held for sale 36,849 68,384
Residential mortgage loans available-for-sale 461,354 570,600
Investments in unconsolidated entities 54,590 62,957
Other assets 830,359 745,123
Intangible assets 127,192 140,992
Deferred tax assets, net 275,579 645,295
Total assets 10,172,976 9,686,649
Liabilities:    
Accounts payable, including book overdrafts of $54,381 and $72,800 in 2018 and 2017, respectively 352,029 393,815
Customer deposits 254,624 250,779
Accrued and other liabilities 1,360,483 1,356,333
Income tax liabilities 11,580 86,925
Financial Services debt 348,412 437,804
Notes payable 3,028,066 3,006,967
Total liabilities 5,355,194 5,532,623
Shareholders’ equity:    
Preferred shares, $0.01 par value; 25,000,000 shares authorized, none issued 0 0
Common shares, $0.01 par value; 500,000,000 shares authorized, 277,109,507 and 286,752,436 shares issued and outstanding at December 31, 2018 and 2017, respectively 2,771 2,868
Additional paid-in capital 3,201,427 3,171,542
Accumulated other comprehensive loss (345) (445)
Retained earnings 1,613,929 980,061
Total shareholders’ equity 4,817,782 4,154,026
Total liabilities and shareholders' equity $ 10,172,976 $ 9,686,649