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Quarterly Results (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
UNAUDITED QUARTERLY INFORMATION
(000’s omitted, except per share data)
1st
Quarter		2nd
Quarter		3rd
Quarter		4th
Quarter
Total (a)
2020
Homebuilding:
Revenues$2,240,430 $2,498,979 $2,848,086 $3,086,418 $10,673,913 
Cost of revenues(1,709,879)(1,900,250)(2,152,243)(2,320,077)(8,082,449)
Income before income taxes (b)
244,218 396,585 420,103 481,151 1,542,057 
Financial Services:
Revenues$54,550 $94,802 $106,871 $105,945 $362,169 
Income before income taxes (c)
19,551 60,424 64,064 42,599 186,637 
Consolidated results:
Revenues$2,294,980 $2,593,781 $2,954,957 $3,192,363 $11,036,082 
Income before income taxes263,769 457,009 484,167 523,750 1,728,694 
Income tax expense (d)
(60,058)(108,389)(67,769)(85,639)(321,855)
Net income$203,711 $348,620 $416,398 $438,111 $1,406,839 
Net income per share:
Basic$0.75 $1.29 $1.54 $1.62 $5.19 
Diluted$0.74 $1.29 $1.54 $1.62 $5.18 
Number of shares used in calculation:
Basic270,000 268,324 268,363 267,561 268,553 
Effect of dilutive securities1,218 701 598 666 861 
Diluted271,218 269,025 268,961 268,227 269,414 

(a)Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently.
(b)Homebuilding income before income taxes includes a goodwill impairment charge of $20.2 million during the 1st Quarter (see Note 1); insurance reserve reversals of $93.4 million, of which $60.7 million and $34.1 million occurred during the 2nd and 4th Quarter, respectively (see Note 11); and reserves against insurance receivables of $17.8 million during the 4th Quarter.
(c)Financial Services income before income taxes includes $26.4 million of mortgage repurchase reserve charges, of which $22.0 million occurred during the 4th Quarter (see Note 11).
(d)Income tax expense includes energy efficient homes tax credits of $82.0 million, of which $53.2 million and $24.0 million occurred during the 3rd and 4th Quarter, respectively (see Note 8).
UNAUDITED QUARTERLY INFORMATION
(000’s omitted, except per share data)
1st
Quarter		2nd
Quarter		3rd
Quarter		4th
Quarter
Total (a)
2019
Homebuilding:
Revenues$1,952,831 $2,433,028 $2,645,550 $2,947,116 $9,978,526 
Cost of revenues (b)
(1,494,841)(1,874,369)(2,035,972)(2,279,615)(7,684,798)
Income before income taxes (c)
204,294 295,698 333,862 402,407 1,236,261 
Financial Services:
Revenues$43,862 $55,957 $64,815 $69,797 $234,431 
Income before income taxes12,409 25,078 32,284 33,544 103,315 
Consolidated results:
Revenues$1,996,693 $2,488,985 $2,710,365 $3,016,913 $10,212,957 
Income before income taxes216,703 320,776 366,146 435,951 1,339,576 
Income tax expense(49,946)(79,735)(93,042)(100,153)(322,876)
Net income$166,757 $241,041 $273,104 $335,798 $1,016,700 
Net income per share:
Basic$0.59 $0.86 $0.99 $1.23 $3.67 
Diluted$0.59 $0.86 $0.99 $1.22 $3.66 
Number of shares used in calculation:
Basic277,637 276,652 272,992 270,843 274,495 
Effect of dilutive securities1,003 932 640 632 802 
Diluted278,640 277,584 273,632 271,475 275,297 

(a)Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently.
(b)Cost of revenues includes a warranty charge related to a close-out community of $14.8 million, of which $9.0 million occurred during the 3rd Quarter (see Note 11).
(c)Homebuilding income before income taxes includes an insurance reserve reversal of $12.8 million and $31.1 million during the 2nd and 4th Quarters, respectively; and write-offs of insurance receivables of $11.6 million and $12.6 million in the 1st and 2nd Quarters, respectively (see Note 11).