XML 13 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Homebuilding Cost of Revenues:    
Selling, general, and administrative expenses $ (271,686) $ (263,669)
Loss on debt retirement (61,469) 0
Goodwill impairment 0 (20,190)
Other expense, net (2,639) (2,524)
Income before income taxes 394,052 263,769
Income tax expense (89,945) (60,058)
Net income $ 304,107 $ 203,711
Per share:    
Basic earnings (usd per share) $ 1.14 $ 0.75
Diluted earnings (usd per share) 1.13 0.74
Cash dividends declared (usd per share) $ 0.14 $ 0.12
Number of shares used in calculation:    
Basic shares outstanding (shares) 265,407 270,000
Effect of dilutive securities (shares) 605 1,218
Diluted shares outstanding (shares) 266,012 271,218
Home sale    
Revenues:    
Revenues $ 2,596,510 $ 2,221,503
Homebuilding Cost of Revenues:    
Cost of revenues (1,935,635) (1,694,865)
Land sale and other    
Revenues:    
Revenues 27,159 18,927
Homebuilding Cost of Revenues:    
Cost of revenues (24,636) (15,014)
Total Homebuilding    
Homebuilding Cost of Revenues:    
Financial services expenses (1,960,271) (1,709,879)
Financial Services    
Homebuilding Cost of Revenues:    
Financial services expenses $ (39,674) $ (34,949)