v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS:    
Cash, cash equivalents and restricted cash $ 67,761 $ 236,368
Mortgage loans held for sale 183,327 275,655
Inventory 3,016,735 2,452,434
Property and equipment - net 35,217 37,648
Investment in joint venture arrangements 51,700 57,121
Operating lease right-of-use assets 55,388 50,950
Deferred Income Tax Assets, Net 10,251 10,251
Goodwill 16,400 16,400
Other assets 151,134 103,026
Total assets 3,587,913 3,239,853
LIABILITIES:    
Accounts payable 296,326 244,505
Customer deposits 126,368 107,864
Operating lease liabilities 56,199 51,497
Other liabilities 252,532 226,969
Community development district obligations 31,991 20,089
Obligation for consolidated inventory not owned 4,778 2,768
Notes payable bank - homebuilding operations 0  
Notes payable bank - financial service operations 189,371 266,160
Notes payable - other 429 4,549
Senior notes due 2028 - net 395,911 395,331
Senior notes due 2030 - net 296,235 295,937
TOTAL LIABILITIES 1,650,140 1,615,669
Commitments and contingencies (Note 6) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both September 30, 2022 and December 31, 2021; issued 30,137,141 shares at both September 30, 2022 and December 31, 2021 301 301
Additional paid-in capital 350,569 347,452
Retained earnings 1,705,588 1,345,321
Treasury shares - at cost - 2,708,158 and 1,637,511 shares at September 30, 2022 and December 31, 2021, respectively (118,685) (68,890)
TOTAL SHAREHOLDERS' EQUITY 1,937,773 1,624,184
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,587,913 $ 3,239,853