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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and equivalents $ 1,779,088 $ 2,582,205
Restricted cash 54,477 50,030
Total cash, cash equivalents, and restricted cash 1,833,565 2,632,235
House and land inventory 9,047,569 7,721,798
Land held for sale 29,276 27,962
Residential mortgage loans available-for-sale 947,139 564,979
Investments in unconsolidated entities 98,155 35,562
Other assets 1,110,966 923,270
Intangible assets 146,923 163,425
Deferred tax assets 139,038 136,267
Total assets 13,352,631 12,205,498
Liabilities:    
Accounts payable, including book overdrafts of $87,462 and $84,505 at December 31, 2021 and 2020, respectively 621,168 511,321
Customer deposits 844,785 449,474
Deferred Income Tax Liabilities, Net 165,519 103,548
Accrued and other liabilities 1,576,478 1,407,043
Financial Services debt 626,123 411,821
Notes payable 2,029,043 2,752,302
Total liabilities 5,863,116 5,635,509
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, 249,325,873 and 266,464,063 shares issued and outstanding at December 31, 2021 and 2020, respectively 2,493 2,665
Additional paid-in capital 3,290,791 3,261,412
Accumulated other comprehensive loss (45) (145)
Retained earnings 4,196,276 3,306,057
Total shareholders’ equity 7,489,515 6,569,989
Total liabilities and shareholders' equity $ 13,352,631 $ 12,205,498