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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 4,188,753 $ 3,879,752 $ 7,764,394 $ 7,029,271
Homebuilding Cost of Revenues:        
Cost of revenues (2,888,855) (2,616,578) (5,386,151) (4,791,557)
Financial Services expenses (46,778) (43,847) (90,813) (87,333)
Selling, general, and administrative expenses (314,637) (351,256) (651,156) (680,279)
Equity income from unconsolidated entities 944 723 3,456 1,944
Other income (expense), net 13,586 (4,221) 15,405 (7,580)
Income before income taxes 953,013 864,573 1,655,135 1,464,466
Income tax expense (232,668) (212,138) (402,531) (357,308)
Net income $ 720,345 $ 652,435 $ 1,252,604 $ 1,107,158
Per share:        
Basic earnings (usd per share) $ 3.23 $ 2.74 $ 5.58 $ 4.56
Diluted earnings (usd per share) 3.21 2.73 5.55 4.54
Cash dividends declared (usd per share) $ 0.16 $ 0.15 $ 0.32 $ 0.30
Number of shares used in calculation:        
Basic shares outstanding (shares) 222,160 236,328 223,635 241,036
Effect of dilutive securities (shares) 1,232 1,318 1,031 1,193
Diluted shares outstanding (shares) 223,392 237,646 224,666 242,229
Home sale revenues        
Homebuilding Cost of Revenues:        
Cost of revenues $ (2,856,361) $ (2,584,922) $ (5,328,690) $ (4,727,900)
Land sale and other revenues        
Homebuilding Cost of Revenues:        
Cost of revenues (32,494) (31,656) (57,461) (63,657)
Homebuilding        
Revenues:        
Revenues 4,096,534 3,796,977 7,614,238 6,862,353
Homebuilding Cost of Revenues:        
Income before income taxes 906,518 824,498 1,594,738 1,383,798
Homebuilding | Home sale revenues        
Revenues:        
Revenues 4,058,930 3,763,167 7,546,567 6,795,384
Homebuilding | Land sale and other revenues        
Revenues:        
Revenues 37,604 33,810 67,671 66,969
Financial Services        
Revenues:        
Revenues 92,219 82,775 150,156 166,918
Homebuilding Cost of Revenues:        
Income before income taxes $ 46,495 $ 40,075 $ 60,397 $ 80,668