Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED INCOME STATEMENTS

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UNAUDITED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Earnings from financial services unconsolidated entities and other, net $ 2,174 $ 2,610
Commissions and other sales costs (52,555) (52,752)
General and administrative expenses (33,566) (30,893)
Interest expense (4,085) (136)
Other income, net 1,046 5,325
Earnings before income taxes 32,370 48,884
Provision for income taxes (6,958) (5,010)
Net earnings $ 25,412 $ 43,874
Earnings per common share:    
Basic (in dollars per share) $ 0.66 $ 1.08
Diluted (in dollars per share) $ 0.65 $ 1.07
Weighted average number of shares:    
Basic (in shares) 38,215 40,488
Diluted (in shares) 38,849 41,140
Real Estate [Member]    
Revenue $ 708,145 $ 742,564
Cost of closings (591,317) (619,444)
Gross profit 116,828 123,120
Home Building [Member]    
Revenue 698,650 728,532
Cost of closings (582,188) (604,202)
Gross profit 116,462 124,330
Land [Member]    
Revenue 9,495 14,032
Cost of closings (9,129) (15,242)
Gross profit 366 (1,210)
Financial Service [Member]    
Revenue 3,228 3,048
Expense (1,504) (1,484)
Gross profit 4,702 4,220
Earnings from financial services unconsolidated entities and other, net $ 2,978 $ 2,656