v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 92,334 $ 109,443
Cash held in escrow 39,709 48,571
Accounts receivable 64,824 57,242
Inventories 3,598,982 3,361,158
Mortgage loans held for sale 233,347 299,145
Prepaid expenses and other assets 511,559 435,683
Property and equipment, net 73,090 69,368
Deferred tax assets, net 36,317 38,176
Goodwill 41,109 41,109
Total assets 4,691,271 4,459,895
Liabilities:    
Accounts payable 151,298 114,416
Accrued expenses and other liabilities 290,348 310,602
Notes payable 1,121,745 1,102,376
Revolving line of credit 329,600 51,500
Mortgage repurchase facilities 232,529 289,269
Total liabilities 2,125,520 1,868,163
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 28,432,620 and 29,050,515 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 284 291
Additional paid-in capital 318,276 385,962
Retained earnings 2,247,191 2,205,479
Total stockholders' equity 2,565,751 2,591,732
Total liabilities and stockholders' equity $ 4,691,271 $ 4,459,895