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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and equivalents $ 2,582,205 $ 1,217,913
Restricted cash 50,030 33,543
Total cash, cash equivalents, and restricted cash 2,632,235 1,251,456
House and land inventory 7,721,798 7,680,614
Land held for sale 27,962 24,009
Residential mortgage loans available-for-sale 564,979 508,967
Investments in unconsolidated entities 35,562 59,766
Other assets 923,270 895,686
Intangible assets 163,425 124,992
Deferred tax assets 136,267 170,107
Total assets 12,205,498 10,715,597
Liabilities:    
Accounts payable, including book overdrafts of $84,505 and $51,827 at December 31, 2020 and 2019, respectively 511,321 435,916
Customer deposits 449,474 294,427
Deferred Income Tax Liabilities, Net 103,548 0
Accrued and other liabilities 1,407,043 1,435,461
Financial Services debt 411,821 326,573
Notes payable 2,752,302 2,765,040
Total liabilities 5,635,509 5,257,417
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, 266,464,063 and 270,235,297 shares issued and outstanding at December 31, 2020 and 2019, respectively 2,665 2,702
Additional paid-in capital 3,261,412 3,235,149
Accumulated other comprehensive loss (145) (245)
Retained earnings 3,306,057 2,220,574
Total shareholders’ equity 6,569,989 5,458,180
Total liabilities and shareholders' equity $ 12,205,498 $ 10,715,597
Preferred stock, par value (usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized 25,000,000 25,000,000
Preferred stock, shares issued 0 0
Common stock, par value (usd per share) $ 0.01 $ 0.01
Common stock, shares authorized 500,000,000 500,000,000
Common stock, shares outstanding 266,464,063 270,235,297