2021 Q3 Form 10-K Financial Statement

#000140658721000093 Filed on November 18, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 2020 Q3
Revenue $418.7M $1.326B $347.6M
YoY Change 20.45% 42.28% 47.1%
Cost Of Revenue $342.8M $1.097B $303.4M
YoY Change 12.99% 34.77% 42.37%
Gross Profit $75.90M $229.2M $44.10M
YoY Change 72.11% 94.07% 90.09%
Gross Profit Margin 18.13% 17.29% 12.69%
Selling, General & Admin $19.70M $68.40M $12.90M
YoY Change 52.71% 49.67% 41.76%
% of Gross Profit 25.96% 29.84% 29.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $600.0K $2.700M $700.0K
YoY Change -14.29% -44.9% -63.16%
% of Gross Profit 0.79% 1.18% 1.59%
Operating Expenses $19.70M $68.40M $12.90M
YoY Change 52.71% 49.67% 41.76%
Operating Profit $56.20M $160.8M $31.20M
YoY Change 80.13% 122.1% 121.28%
Interest Expense $0.00 $1.400M $800.0K
YoY Change -100.0% -42.86%
% of Operating Profit 0.0% 0.87% 2.56%
Other Income/Expense, Net
YoY Change
Pretax Income $58.80M $146.6M $32.00M
YoY Change 83.75% 87.71% 100.0%
Income Tax $14.70M $36.10M $7.500M
% Of Pretax Income 25.0% 24.62% 23.44%
Net Earnings $44.00M $110.2M $24.20M
YoY Change 81.82% 81.25% 90.55%
Net Earnings / Revenue 10.51% 8.31% 6.96%
Basic Earnings Per Share $0.89 $2.25 $0.50
Diluted Earnings Per Share $0.89 $2.25 $0.50
COMMON SHARES
Basic Shares Outstanding 49.53M shares 48.90M shares 48.06M shares
Diluted Shares Outstanding 48.98M shares

Balance Sheet

Concept 2021 Q3 2021 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.6M $153.6M $394.3M
YoY Change -61.04% -61.04% 3.0%
Cash & Equivalents $153.6M $153.6M $394.3M
Short-Term Investments
Other Short-Term Assets $15.40M $15.40M $4.900M
YoY Change 214.29% 214.29% 44.12%
Inventory
Prepaid Expenses
Receivables $400.0K $400.0K $400.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $169.4M $169.4M $399.6M
YoY Change -57.61% -57.61% 3.18%
LONG-TERM ASSETS
Property, Plant & Equipment $2.900M $1.915B $1.100M
YoY Change 163.64% 45.69% -54.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $900.0K $900.0K $3.600M
YoY Change -75.0% -75.0% -50.68%
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $1.932B $1.932B $1.340B
YoY Change 44.17% 44.17% 25.45%
TOTAL ASSETS
Total Short-Term Assets $169.4M $169.4M $399.6M
Total Long-Term Assets $1.932B $1.932B $1.340B
Total Assets $2.102B $2.102B $1.740B
YoY Change 20.79% 20.79% 19.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.40M $47.40M $29.20M
YoY Change 62.33% 62.33% 73.81%
Accrued Expenses $140.5M $140.5M $73.30M
YoY Change 91.68% 91.68% 12.77%
Deferred Revenue $5.800M $200.0K
YoY Change 2800.0% -92.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $343.0M $343.0M $201.3M
YoY Change 70.39% 70.39% 17.24%
LONG-TERM LIABILITIES
Long-Term Debt $704.5M $704.5M $641.1M
YoY Change 9.89% 9.89% 39.22%
Other Long-Term Liabilities $13.90M $13.90M $20.00M
YoY Change -30.5% -30.5% 277.36%
Total Long-Term Liabilities $718.4M $718.4M $661.1M
YoY Change 8.67% 8.67% 41.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $343.0M $343.0M $201.3M
Total Long-Term Liabilities $718.4M $718.4M $661.1M
Total Liabilities $1.086B $1.087B $868.1M
YoY Change 25.08% 25.06% 34.21%
SHAREHOLDERS EQUITY
Retained Earnings $329.1M $218.9M
YoY Change 50.34% 38.46%
Common Stock $685.8M $652.0M
YoY Change 5.18% 0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.015B $1.015B $870.9M
YoY Change
Total Liabilities & Shareholders Equity $2.102B $2.102B $1.740B
YoY Change 20.79% 20.79% 19.52%

Cashflow Statement

Concept 2021 Q3 2021 2020 Q3
OPERATING ACTIVITIES
Net Income $44.00M $110.2M $24.20M
YoY Change 81.82% 81.25% 90.55%
Depreciation, Depletion And Amortization $600.0K $2.700M $700.0K
YoY Change -14.29% -44.9% -63.16%
Cash From Operating Activities $37.50M -$303.1M $37.30M
YoY Change 0.54% 79.99% -36.67%
INVESTING ACTIVITIES
Capital Expenditures -$1.100M $1.600M $0.00
YoY Change 166.67%
Acquisitions
YoY Change
Other Investing Activities $400.0K $2.600M $1.900M
YoY Change -78.95% -53.57%
Cash From Investing Activities -$700.0K $1.000M $1.900M
YoY Change -136.84% -80.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $33.40M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 800.0K $61.40M -500.0K
YoY Change -260.0% -64.89% -100.5%
NET CHANGE
Cash From Operating Activities 37.50M -$303.1M 37.30M
Cash From Investing Activities -700.0K $1.000M 1.900M
Cash From Financing Activities 800.0K $61.40M -500.0K
Net Change In Cash 37.60M -$240.7M 38.70M
YoY Change -2.84% -2193.04% -75.75%
FREE CASH FLOW
Cash From Operating Activities $37.50M -$303.1M $37.30M
Capital Expenditures -$1.100M $1.600M $0.00
Free Cash Flow $38.60M -$304.7M $37.30M
YoY Change 3.49% 80.3% -36.67%

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CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
100000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3000000.0 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
585900000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
281700000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
531700000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
14800000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3400000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-300000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
28000000.0 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15000000.0 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24400000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
60100000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
9000000.0 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
17500000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
49700000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3900000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
40500000 USD
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-6300000 USD
CY2020 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
3100000 USD
CY2019 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1200000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-303100000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-168400000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-391200000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1600000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
600000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
900000 USD
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2600000 USD
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4300000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
100000 USD
CY2021 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
0 USD
CY2020 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
1300000 USD
CY2019 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1000000.0 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
5000000.0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-800000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33400000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
100700000 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
458000000.0 USD
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
300000000.0 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
435000000.0 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
422000000.0 USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
118900000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
85000000.0 USD
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4900000 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5300000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6900000 USD
CY2021 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-2400000 USD
CY2020 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2019 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
100000 USD
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
600000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3900000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
600000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
300000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
100000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
61400000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
174900000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
439800000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-240700000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11500000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
47800000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
394300000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382800000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
335000000.0 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
153600000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
394300000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382800000 USD
CY2021 us-gaap Notes Issued1
NotesIssued1
12500000 USD
CY2020 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2019 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4300000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-3100000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1700000 USD
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Changes in Presentation and Reclassifications</span></div><div style="text-indent:9pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain items have been reclassified in the prior year financial statements to conform to the presentation and classifications used in the current year. Accrued development costs have been reclassified from accrued expenses and other liabilities to accrued development costs in the prior year consolidated balance sheet. The Company has reclassified the change in accrued development costs from the change in accounts payable and other liabilities to the change in accrued development costs in the prior year statement of cash flows. These reclassifications had no net effect on the Company's consolidated operating results, financial position or cash flows.</span></div>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:22.5pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</span></div>
CY2021Q3 us-gaap Deposits Assets
DepositsAssets
10400000 USD
CY2020Q3 us-gaap Deposits Assets
DepositsAssets
5500000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3800000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2300000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
900000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1200000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2900000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1100000 USD
CY2021 us-gaap Depreciation
Depreciation
400000 USD
CY2019 us-gaap Depreciation
Depreciation
300000 USD
CY2020 us-gaap Depreciation
Depreciation
300000 USD
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y6M
CY2021Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1905200000 USD
CY2020Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1309700000 USD
CY2021 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
779700000 USD
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
850700000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
800000 USD
CY2021 for Due Diligence Write Offs
DueDiligenceWriteOffs
3000000 USD
CY2020 for Due Diligence Write Offs
DueDiligenceWriteOffs
900000 USD
CY2019 for Due Diligence Write Offs
DueDiligenceWriteOffs
200000 USD
CY2021 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
32700000 USD
CY2020 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
51500000 USD
CY2019 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
76600000 USD
CY2021 us-gaap Revenues
Revenues
1325800000 USD
CY2020 us-gaap Revenues
Revenues
931800000 USD
CY2019 us-gaap Revenues
Revenues
428300000 USD
CY2020Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
48700000 USD
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
23700000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
3200000 USD
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
41500000 USD
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
43300000 USD
CY2019 us-gaap Interest Costs Incurred
InterestCostsIncurred
25300000 USD
CY2021 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
36500000 USD
CY2020 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
18300000 USD
CY2019 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
4800000 USD
CY2021Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
53700000 USD
CY2020Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
48700000 USD
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
23700000 USD
CY2021Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
400000 USD
CY2020Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
400000 USD
CY2021Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
700000 USD
CY2020Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
4800000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6900000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3600000 USD
CY2021Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
15400000 USD
CY2020Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4900000 USD
CY2021Q3 us-gaap Deposits Assets
DepositsAssets
10400000 USD
CY2020Q3 us-gaap Deposits Assets
DepositsAssets
5500000 USD
CY2021Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5300000 USD
CY2020Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5700000 USD
CY2021Q3 us-gaap Other Assets
OtherAssets
39100000 USD
CY2020Q3 us-gaap Other Assets
OtherAssets
24900000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
7900000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
6200000 USD
CY2021Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3400000 USD
CY2020Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3800000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7300000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
3800000 USD
CY2021Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8500000 USD
CY2020Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
14000000.0 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5800000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
200000 USD
CY2021Q3 us-gaap Deferred Revenue
DeferredRevenue
6800000 USD
CY2020Q3 us-gaap Deferred Revenue
DeferredRevenue
9300000 USD
CY2021Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
6800000 USD
CY2020Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
500000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
8900000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
10200000 USD
CY2021Q3 us-gaap Other Liabilities
OtherLiabilities
1300000 USD
CY2020Q3 us-gaap Other Liabilities
OtherLiabilities
1400000 USD
CY2021Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
56700000 USD
CY2020Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
49400000 USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
704500000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
641100000 USD
CY2021Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
410000000 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
600000000 USD
CY2021Q3 for Letterof Credit Maximum Borrowing Capacity
LetterofCreditMaximumBorrowingCapacity
100000000 USD
CY2021Q3 for Letterof Credit Maximum Borrowing Capacity Percentageof Revolving Credit Commitment
LetterofCreditMaximumBorrowingCapacityPercentageofRevolvingCreditCommitment
0.50
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
58000000 USD
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
58000000 USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
60300000 USD
CY2021Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
349700000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18100000 USD
CY2020Q2 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 USD
CY2021Q3 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
110200000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
60800000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
33000000.0 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48901987 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48037018 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41974429 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
73674 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
57093 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30712 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48975661 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48094111 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42005141 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.25
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
14300000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-7600000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-300000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2600000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
900000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
300000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16900000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-6700000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
15800000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21200000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9100000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3400000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1900000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
300000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
19200000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23100000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9400000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36100000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16400000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9400000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.033
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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