Annual report pursuant to Section 13 and 15(d)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results
Quarterly results for the years ended December 31, 2019 and 2018 follow (in thousands, except per share amounts):
 
First Second Third Fourth
2019
Total closing revenue $ 708,145    $ 864,610    $ 940,880    $ 1,136,848   
Total closing gross profit $ 116,828    $ 157,376    $ 186,091    $ 219,320   
Earnings before income taxes $ 32,370    $ 67,674    $ 92,366    $ 110,535   
Net earnings $ 25,412    $ 50,828    $ 69,809    $ 103,614   
Per Share Data:
Basic earnings per share (1) $ 0.66    $ 1.33    $ 1.82    $ 2.71   
Diluted earnings per share (1) $ 0.65    $ 1.31    $ 1.79    $ 2.65   
2018
Total closing revenue $ 742,564    $ 877,495    $ 884,581    $ 1,008,779   
Total closing gross profit $ 123,120    $ 158,828    $ 158,517    $ 188,688   
Earnings before income taxes $ 48,884    $ 71,185    $ 71,409    $ 91,776   
Net earnings $ 43,874    $ 53,838    $ 54,135    $ 75,485   
Per Share Data:
Basic earnings per share (1) $ 1.08    $ 1.32    $ 1.34    $ 1.93   
Diluted earnings per share (1) $ 1.07    $ 1.31    $ 1.33    $ 1.91   
 
(1)Due to the computation of earnings per share, the sum of the quarterly amounts may not equal the full-year results.