Investor Relations

Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD

Assets

Cash and cash equivalents 274,136 103,333 262,208 131,702 115,167
Investments and securities 89,529 NA NA NA NA
Other receivables 38,983 56,763 57,296 70,355 78,933
Real estate 1,405,299 1,877,682 2,098,302 2,422,063 2,762,269
Real estate not owned 289 4,999 NA 0 39,793
Deposits on real estate under option or contract 51,595 94,989 87,839 85,556 67,547
Investments in unconsolidated entities 11,638 10,780 11,370 17,097 16,378
Property and equipment, net 22,099 32,403 33,970 33,202 32,080
Deferred tax asset 70,404 64,137 59,147 53,320 56,870
Prepaids, other assets and goodwill 39,389 71,052 69,645 75,396 83,121
Total assets 2,003,361 2,316,138 2,679,777 2,888,691 3,252,158

Liabilities

Accounts payable 68,018 83,619 106,440 140,682 140,492
Accrued liabilities 150,618 154,144 161,163 170,852 193,102
Home sale deposits 21,996 29,379 36,197 28,348 39,446
Liabilities related to real estate not owned 289 4,299 NA 0 35,768
Loans payable and other borrowings 15,993 30,722 23,867 32,195 38,082
Senior and convertible senior notes, net 905,055 904,486 1,093,173 1,095,119 1,266,160
Total liabilities 1,161,969 1,206,649 1,420,840 1,467,196 1,713,050

Stockholders' Equity

Preferred stock 0 0 0 0 0
Common stock 362 391 397 400 403
Additional paid-in capital 412,961 538,788 559,492 572,506 582,414
Retained earnings 428,069 570,310 699,048 848,589 956,291
Total stockholders' equity 841,392 1,109,489 1,258,937 1,421,495 1,539,108
Total liabilities and stockholders' equity 2,003,361 2,316,138 2,679,777 2,888,691 3,252,158
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.