v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 86,086 $ 109,443
Cash held in escrow 33,740 48,571
Accounts receivable 58,907 57,242
Inventories 3,744,023 3,361,158
Mortgage loans held for sale 186,506 299,145
Prepaid expenses and other assets 527,581 435,683
Property and equipment, net 75,232 69,368
Deferred tax assets, net 36,841 38,176
Goodwill 41,109 41,109
Total assets 4,790,025 4,459,895
Liabilities:    
Accounts payable 142,568 114,416
Accrued expenses and other liabilities 273,872 310,602
Notes payable 1,165,321 1,102,376
Revolving line of credit 456,000 51,500
Mortgage repurchase facilities 191,266 289,269
Total liabilities 2,229,027 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, 28,264,817 and 29,050,515 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 283 291
Additional paid-in capital 310,161 385,962
Retained earnings 2,250,554 2,205,479
Total stockholders' equity 2,560,998 2,591,732
Total liabilities and stockholders' equity $ 4,790,025 $ 4,459,895