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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and equivalents $ 1,613,327 $ 1,806,583
Restricted cash 40,353 42,594
Total cash, cash equivalents, and restricted cash 1,653,680 1,849,177
House and land inventory 12,665,813 11,795,370
Land held for sale 27,007 23,831
Residential mortgage loans available-for-sale 629,582 516,064
Investments in unconsolidated entities 215,416 166,913
Other assets 2,001,991 1,545,667
Goodwill 68,930 68,930
Intangible assets 46,303 56,338
Deferred tax assets 55,041 64,760
Total assets 17,363,763 16,087,050
Liabilities:    
Accounts payable, including book overdrafts of $112,639 and $117,212 at December 31, 2024 and 2023, respectively 727,995 619,012
Customer deposits 512,580 675,091
Deferred Income Tax Liabilities, Net 443,566 302,155
Accrued and other liabilities 1,412,166 1,645,690
Financial Services debt 526,906 499,627
Notes payable 1,618,586 1,962,218
Total liabilities 5,241,799 5,703,793
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, 202,912,881 and 212,557,522 shares issued and outstanding at December 31, 2024 and 2023, respectively 2,029 2,126
Additional paid-in capital 3,425,384 3,368,407
Retained earnings 8,694,551 7,012,724
Total shareholders’ equity 12,121,964 10,383,257
Total liabilities and shareholders' equity $ 17,363,763 $ 16,087,050