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, 2022
Mar. 31, 2021
Commissions and other sales costs $ (65,540) $ (67,744)
General and administrative expenses (39,995) (37,949)
Interest expense (41) (90)
Other (expense)/ income, net (317) 798
Earnings before income taxes 285,883 165,977
Provision for income taxes (68,629) (34,134)
Net earnings $ 217,254 $ 131,843
Earnings per common share:    
Basic (in dollars per share) $ 5.87 $ 3.50
Diluted (in dollars per share) $ 5.79 $ 3.44
Weighted average number of shares:    
Basic (in shares) 36,996 37,644
Diluted (in shares) 37,527 38,339
Real Estate [Member]    
Revenue $ 1,286,934 $ 1,083,781
Cost of closings (898,492) (816,579)
Gross profit 388,442 267,202
Home Building [Member]    
Revenue 1,245,456 1,079,982
Cost of closings (867,807) (813,327)
Gross profit 377,649 266,655
Land [Member]    
Revenue 41,478 3,799
Cost of closings (30,685) (3,252)
Gross profit 10,793 547
Financial Service [Member]    
Revenue 4,672 4,751
Expense (2,512) (2,171)
Earnings from financial services unconsolidated entities and other, net 1,174 1,180
Gross profit $ 3,334 $ 3,760