Cost of sales: | |
Inventory impairments and land option cost write-offs | |
Gross profit: | |
Interest expense | |
Loss on early retirement of debt, net | |
Income (loss) before income taxes | |
Provision for (Benefit from) income taxes | 128.8M |
Net income | 249.8M |
Basic net income per common share | 0.67 |
Net income per common share assuming dilution | 0.66 |
Cash dividends declared per common share | 0.08 |
Homebuilding [Member] | |
Revenues: | |
Home sales | 3.12B |
Land/lot sales | 30.1M |
Total revenues | 3.15B |
Cost of sales: | |
Home sales | 2.49B |
Land/lot sales | 28.4M |
Inventory impairments and land option cost write-offs | |
Total cost of sales | 2.52B |
Gross profit: | |
Home sales | 632.2M |
Land/lot sales | 1.7M |
Inventory impairments and land option cost write-offs | -8.1M |
Gross profit | 625.8M |
Selling, general and administrative expense | 280.4M |
Interest expense | |
Loss on early retirement of debt, net | |
Other (income) | -3.8M |
Income (loss) before income taxes | |
Financial Services [Member] | |
Gross profit: | |
Revenues, net of recourse and reinsurance expense | |
General and administrative expense | 56.4M |
Interest expense | |
Interest and other (income) | -2.7M |
Income (loss) before income taxes |