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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and equivalents $ 1,217,913 $ 1,110,088
Restricted cash 33,543 23,612
Total cash, cash equivalents, and restricted cash 1,251,456 1,133,700
House and land inventory 7,680,614 7,253,353
Land held for sale 24,009 36,849
Residential mortgage loans available-for-sale 508,967 461,354
Investments in unconsolidated entities 59,766 54,590
Other assets 895,686 830,359
Intangible assets 124,992 127,192
Deferred tax assets, net 170,107 275,579
Total assets 10,715,597 10,172,976
Liabilities:    
Accounts payable, including book overdrafts of $51,827 and $54,381 at December 31, 2019 and 2018, respectively 435,916 352,029
Customer deposits 294,427 254,624
Accrued and other liabilities 1,399,368 1,360,483
Income tax liabilities 36,093 11,580
Financial Services debt 326,573 348,412
Notes payable 2,765,040 3,028,066
Total liabilities 5,257,417 5,355,194
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, 270,235,297 and 277,109,507 shares issued and outstanding at December 31, 2019 and 2018, respectively 2,702 2,771
Additional paid-in capital 3,235,149 3,201,427
Accumulated other comprehensive loss (245) (345)
Retained earnings 2,220,574 1,613,929
Total shareholders’ equity 5,458,180 4,817,782
Total liabilities and shareholders' equity $ 10,715,597 $ 10,172,976