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Note 16 - Results of Quarterly Operations (Unaudited)
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
16.
Results of Quarterly Operations (Unaudited)
 
 
 
First
Quarter
 
 
Second
Quarter
 
 
Third
Quarter
 
 
Fourth
Quarter
 
 
Total (1)
 
 
 
(Dollars in thousands, except per share amounts)
 
2016:
                                       
Revenues
  $
1,203,235
    $
1,598,901
    $
1,692,391
    $
1,982,208
    $
6,476,735
 
Homebuilding gross margin
  $
247,188
    $
341,357
    $
374,692
    $
427,393
    $
1,390,630
 
Net income
  $
72,661
    $
112,760
    $
132,348
    $
166,961
    $
484,730
 
Basic income per common share
  $
0.60
    $
0.95
    $
1.12
    $
1.44
    $
4.09
 
Diluted income per common share
  $
0.52
    $
0.83
    $
0.97
    $
1.25
    $
3.60
 
                                         
2015:
                                       
Revenues
  $
475,671
    $
707,044
    $
659,200
    $
1,698,198
    $
3,540,113
 
Homebuilding gross margin
  $
114,105
    $
171,941
    $
159,756
    $
330,669
    $
776,471
 
Net income
  $
31,605
    $
57,198
    $
47,177
    $
77,529
    $
213,509
 
Basic income per common share
  $
0.45
    $
0.80
    $
0.65
    $
0.64
    $
2.51
 
Diluted income per common share
  $
0.40
    $
0.70
    $
0.59
    $
0.56
    $
2.26
 
 
 
 

(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.