v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Home sales revenues $ 547,074 $ 751,608 $ 1,816,193 $ 2,249,073
Cost of sales 391,275 549,319 1,270,628 1,642,756
Selling expenses 33,938 39,871 111,605 127,450
General and administrative 27,284 24,480 84,657 72,479
Operating income 94,577 137,938 349,303 406,388
Loss on extinguishment of debt 0 13,314 0 13,976
Other income, net (14,124) (2,370) (21,960) (6,979)
Net income before income taxes 108,701 126,994 371,263 399,391
Income tax provision 18,311 26,444 78,811 81,049
Net income $ 90,390 $ 100,550 $ 292,452 $ 318,342
Earnings per share:        
Basic (in dollars per share) $ 3.88 $ 4.10 $ 12.42 $ 12.85
Diluted (in dollars per share) $ 3.85 $ 4.05 $ 12.29 $ 12.72
Weighted average shares outstanding:        
Basic (in shares) 23,272,811 24,508,134 23,552,211 24,766,260
Diluted (in shares) 23,488,325 24,824,320 23,805,086 25,030,161