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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenue $ 1,699,752 $ 1,661,857
Total cost of revenue 1,282,907 1,262,291
Gross margin 416,845 399,566 CloseClose
Sales, commissions and other marketing costs 102,600 92,760 Close
General and administrative expenses 67,564 66,261 Close
Net income from unconsolidated entities (2,751) (1,929) Close
Interest income, net (43) (1,111) Close
Other expense/(income), net 595 (4,834) CloseClose
Total Other Expenses 167965.0 151147.0 0 0 0 Close Close
Income/(loss) before income taxes 248,880 248,419 CloseCloseClose
Income tax provision 57,719 57,191 CloseCloseClose
Net income before allocation to non-controlling interests 191,161 191,228
Net income attributable to non-controlling interests (891) (177) Close
Net income $ 190,270 $ 191,051 Close
Earnings per common share:    
Basic (in dollars per share) $ 1.79 $ 1.76
Diluted (in dollars per share) $ 1.75 $ 1.74
Weighted average number of shares of common stock:    
Basic (in shares) 106,457 108,429
Diluted (in shares) 108,564 110,053
Home closings revenue, net    
Total revenue $ 1,636,255 $ 1,612,595
Total cost of revenue 1,243,209 1,227,513
Land closings revenue    
Total revenue 7,225 4,520
Total cost of revenue 5,202 4,345
Financial services revenue    
Total revenue 46,959 35,149
Total cost of revenue 25,143 22,148
Amenity and other revenue    
Total revenue 9,313 9,593
Total cost of revenue $ 9,353 $ 8,285