XML 106 R93.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 18 - Supplemental Guarantor Information (Details) - Condensed Consolidating Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Homebuilding:                      
Revenues                 $ 3,496,411 $ 2,411,178 $ 1,914,609
Cost of sales                 (2,719,940) (1,792,795) (1,445,413)
Gross margin $ 330,669 $ 159,756 $ 171,941 $ 114,105 $ 182,433 $ 159,060 $ 157,940 $ 118,950 776,471 [1] 618,383 [1] 469,196
Selling, general and administrative expenses                 (390,710) (275,861) (230,691)
Income (loss) from unconsolidated joint ventures                 1,966 (668) 949
Interest income (expense), net                 0 0 0
Other income (expense                 (62,177) (1,733) 6,815
Homebuilding pretax income                 325,550 340,121 246,269
Financial Services:                      
Financial services pretax income                 16,939 9,843 11,429
Income before taxes                 342,489 349,964 257,698
Provision for income taxes                 (128,980) (134,099) (68,983)
Net income $ 77,529 $ 47,177 $ 57,198 $ 31,605 $ 64,644 $ 56,599 $ 56,463 $ 38,159 213,509 [1] 215,865 [1] 188,715
Consolidation, Eliminations [Member]                      
Homebuilding:                      
Revenues                 (26,722)    
Cost of sales                 26,722    
Equity income of subsidiaries                 (201,261) (155,943) (81,140)
Homebuilding pretax income                 (201,261) (155,943) (81,140)
Financial Services:                      
Income before taxes                 (201,261) (155,943) (81,140)
Net income                 (201,261) (155,943) (81,140)
Parent Company [Member]                      
Homebuilding:                      
Revenues                 1,234,750 813,423 819,044
Cost of sales                 (989,834) (599,911) (609,858)
Gross margin                 244,916 213,512 209,186
Selling, general and administrative expenses                 (145,458) (101,020) (94,819)
Income (loss) from unconsolidated joint ventures                 540 (71) 1,369
Equity income of subsidiaries                 201,261 155,943 81,140
Interest income (expense), net                 12,388 13,718 16,419
Other income (expense                 (57,629) (3,954) 7,515
Homebuilding pretax income                 256,018 278,128 220,810
Financial Services:                      
Income before taxes                 256,018 278,128 220,810
Provision for income taxes                 (42,509) (62,263) (32,095)
Net income                 213,509 215,865 188,715
Guarantor Subsidiaries [Member]                      
Homebuilding:                      
Revenues                 1,500,676 1,025,404 826,245
Cost of sales                 (1,194,605) (779,578) (632,733)
Gross margin                 306,071 245,826 193,512
Selling, general and administrative expenses                 (185,779) (131,068) (111,746)
Income (loss) from unconsolidated joint ventures                 269 88 (137)
Interest income (expense), net                 (9,374) (11,497) (11,651)
Other income (expense                 (2,678) (469) (321)
Homebuilding pretax income                 108,509 102,880 69,657
Financial Services:                      
Income before taxes                 108,509 102,880 69,657
Provision for income taxes                 (49,512) (40,469) (23,676)
Net income                 58,997 62,411 45,981
Non-Guarantor Subsidiaries [Member]                      
Homebuilding:                      
Revenues                 787,707 572,351 269,320
Cost of sales                 (562,223) (413,306) (202,822)
Gross margin                 225,484 159,045 66,498
Selling, general and administrative expenses                 (59,473) (43,773) (24,126)
Income (loss) from unconsolidated joint ventures                 1,157 (685) (283)
Interest income (expense), net                 (3,014) (2,221) (4,768)
Other income (expense                 (1,870) 2,690 (379)
Homebuilding pretax income                 162,284 115,056 36,942
Financial Services:                      
Financial services pretax income                 16,939 9,843 11,429
Income before taxes                 179,223 124,899 48,371
Provision for income taxes                 (36,959) (31,367) (13,212)
Net income                 $ 142,264 $ 93,532 $ 35,159
[1] Per share amounts do not add across due to rounding differences in quarterly amounts and due to the impact of differences between the quarterly and annual weighted average share calculations.