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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 166,757 $ 170,751
Adjustments to reconcile net income to net cash from operating activities:    
Deferred income tax expense 24,690 23,479
Land-related charges 2,979 3,419
Depreciation and amortization 13,210 11,890
Share-based compensation expense 9,019 8,451
Other, net (39) (793)
Increase (decrease) in cash due to:    
Inventories (259,865) (237,169)
Residential mortgage loans available-for-sale 134,217 185,147
Other assets 64,533 (9,246)
Accounts payable, accrued and other liabilities 3,408 13,084
Net cash provided by (used in) operating activities 158,909 169,013
Cash flows from investing activities:    
Capital expenditures (16,070) (15,428)
Investments in unconsolidated entities (1,289) (1,000)
Other investing activities, net 291 452
Net cash provided by (used in) investing activities (17,068) (15,976)
Cash flows from financing activities:    
Repayments of debt (3,605) (451)
Borrowings under revolving credit facility 0 768,000
Repayments under revolving credit facility 0 (768,000)
Financial Services borrowings (repayments) (126,273) (190,852)
Stock option exercises 1,445 2,723
Share repurchases (35,353) (59,491)
Dividends paid (30,802) (26,347)
Net cash provided by (used in) financing activities (194,588) (274,418)
Net increase (decrease) in cash, cash equivalents, and restricted cash (52,747) (121,381)
Cash, cash equivalents, and restricted cash at beginning of period 1,133,700 306,168
Cash, cash equivalents, and restricted cash at end of period 1,080,953 184,787
Supplemental Cash Flow Information:    
Interest paid (capitalized), net 17,164 30,109
Income taxes paid (refunded), net $ (30,850) $ 631