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, 2021
Mar. 31, 2020
Earnings from financial services unconsolidated entities and other, net $ 750 $ 684
Commissions and other sales costs (67,744) (61,173)
General and administrative expenses (37,949) (34,170)
Interest expense (90) (16)
Other income, net 798 611
Earnings before income taxes 165,977 86,833
Provision for income taxes (34,134) (15,681)
Net earnings $ 131,843 $ 71,152
Earnings per common share:    
Basic (in dollars per share) $ 3.50 $ 1.87
Diluted (in dollars per share) $ 3.44 $ 1.83
Weighted average number of shares:    
Basic (in shares) 37,644 38,085
Diluted (in shares) 38,339 38,817
Real Estate [Member]    
Revenue $ 1,083,781 $ 901,013
Cost of closings (816,579) (722,270)
Gross profit 267,202 178,743
Home Building [Member]    
Revenue 1,079,982 890,417
Cost of closings (813,327) (712,057)
Gross profit 266,655 178,360
Land [Member]    
Revenue 3,799 10,596
Cost of closings (3,252) (10,213)
Gross profit 547 383
Financial Service [Member]    
Revenue 4,751 3,912
Expense (2,171) (1,735)
Gross profit 3,760 2,838
Earnings from financial services unconsolidated entities and other, net $ 1,180 $ 661