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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 4,476,342 $ 4,003,533 $ 13,025,156 $ 11,767,926 Close
Homebuilding Cost of Revenues:         Close
Cost of revenues (3,116,554) (2,774,603) (8,999,039) (8,160,754) Close
Financial Services expenses (58,905) (46,431) (159,615) (137,244) Close
Selling, general, and administrative expenses (406,897) (353,167) (1,125,637) (1,004,323) Close
Equity income from unconsolidated entities 2,508 891 42,577 4,348 Close
Loss on debt retirement 0 362 (222) 362 Close
Other income, net 9,702 17,091 39,709 32,496 Close
Total Other Expenses -3570146.0 -3155857.0 -10202227.0 -9265115.0 0 Close
Income before income taxes 906,196 847,314 2,823,151 2,502,449 CloseClose
Income tax expense (208,282) (208,539) (653,128) (611,070) Close
Net income $ 697,914 $ 638,775 $ 2,170,023 $ 1,891,379 Close
Per share:        
Basic earnings (usd per share) $ 3.38 $ 2.92 $ 10.36 $ 8.49
Diluted earnings (usd per share) 3.35 2.90 10.28 8.45
Cash dividends declared (usd per share) $ 0.20 $ 0.16 $ 0.60 $ 0.48
Number of shares used in calculation:        
Basic shares outstanding (shares) 206,774 218,288 209,374 221,832
Effect of dilutive securities (shares) 1,686 1,394 1,683 1,152
Diluted shares outstanding (shares) 208,460 219,682 211,057 222,984
Home sale revenues        
Homebuilding Cost of Revenues:        
Cost of revenues $ (3,091,267) $ (2,739,596) $ (8,897,835) $ (8,068,287)
Land sale and other revenues        
Homebuilding Cost of Revenues:        
Cost of revenues (25,287) (35,007) (101,204) (92,467)
Homebuilding        
Revenues:        
Revenues 4,362,511 3,926,813 12,707,308 11,541,051
Homebuilding Cost of Revenues:        
Income before income taxes 851,270 818,365 2,663,868 2,413,103
Homebuilding | Home sale revenues        
Revenues:        
Revenues 4,343,227 3,886,908 12,610,981 11,433,476
Homebuilding | Land sale and other revenues        
Revenues:        
Revenues 19,284 39,905 96,327 107,575
Financial Services        
Revenues:        
Revenues 113,831 76,720 317,848 226,875
Homebuilding Cost of Revenues:        
Income before income taxes $ 54,926 $ 28,949 $ 159,283 $ 89,346