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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and equivalents $ 1,053,104 $ 1,779,088
Restricted cash 41,449 54,477
Total cash, cash equivalents, and restricted cash 1,094,553 1,833,565
House and land inventory 11,326,017 9,047,569
Land held for sale 42,254 29,276
Residential mortgage loans available-for-sale 677,207 947,139
Investments in unconsolidated entities 146,759 98,155
Other assets 1,291,572 1,110,966
Intangible assets 135,805 146,923
Deferred tax assets 82,348 139,038
Total assets 14,796,515 13,352,631
Liabilities:    
Accounts payable, including book overdrafts of $87,578 and $87,462 at December 31, 2022 and 2021, respectively 565,975 621,168
Customer deposits 783,556 844,785
Deferred Income Tax Liabilities, Net 215,446 165,519
Accrued and other liabilities 1,685,202 1,576,478
Notes payable 2,045,527 2,029,043
Total liabilities 5,882,417 5,863,116
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, 225,840,443 and 249,325,873 shares issued and outstanding at December 31, 2022 and 2021, respectively 2,258 2,493
Additional paid-in capital 3,330,138 3,290,791
Accumulated other comprehensive loss 0 (45)
Retained earnings 5,581,702 4,196,276
Total shareholders’ equity 8,914,098 7,489,515
Total liabilities and shareholders' equity 14,796,515 13,352,631
Financial Services Debt $ 586,711 $ 626,123