2022 Q4 Form 10-K Financial Statement

#000140658722000128 Filed on November 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $216.7M $381.4M $1.519B
YoY Change -46.84% -8.91% 14.58%
Cost Of Revenue $169.2M $292.2M $1.195B
YoY Change -49.37% -14.76% 8.98%
Gross Profit $47.50M $89.20M $324.0M
YoY Change -35.29% 17.52% 41.36%
Gross Profit Margin 21.92% 23.39% 21.33%
Selling, General & Admin $22.90M $23.70M $93.60M
YoY Change 6.51% 20.3% 36.84%
% of Gross Profit 48.21% 26.57% 28.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $700.0K $700.0K $2.700M
YoY Change -12.5% 16.67% 0.0%
% of Gross Profit 1.47% 0.78% 0.83%
Operating Expenses $22.90M $23.70M $93.60M
YoY Change 6.51% 20.3% 36.84%
Operating Profit $24.60M $65.50M $230.4M
YoY Change -52.6% 16.55% 43.28%
Interest Expense $1.700M $900.0K $2.200M
YoY Change 54.55% 57.14%
% of Operating Profit 6.91% 1.37% 0.95%
Other Income/Expense, Net
YoY Change
Pretax Income $27.90M $66.40M $235.8M
YoY Change -47.85% 12.93% 60.85%
Income Tax $7.100M $15.60M $57.00M
% Of Pretax Income 25.45% 23.49% 24.17%
Net Earnings $20.80M $50.80M $178.8M
YoY Change -48.64% 15.45% 62.25%
Net Earnings / Revenue 9.6% 13.32% 11.77%
Basic Earnings Per Share $0.42 $3.59
Diluted Earnings Per Share $0.42 $1.020M $3.59
COMMON SHARES
Basic Shares Outstanding 49.77M shares 49.76M shares 49.82M shares
Diluted Shares Outstanding 49.90M shares 49.85M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $216.4M $264.8M $264.8M
YoY Change 33.17% 72.4% 72.4%
Cash & Equivalents $216.4M $264.8M $264.8M
Short-Term Investments
Other Short-Term Assets $18.10M $18.90M $18.90M
YoY Change 44.8% 22.73% 22.73%
Inventory
Prepaid Expenses
Receivables $13.90M $11.40M $11.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $248.4M $295.1M $295.1M
YoY Change 40.26% 74.2% 74.2%
LONG-TERM ASSETS
Property, Plant & Equipment $5.600M $5.700M $2.036B
YoY Change 33.33% 96.55% 6.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $500.0K $500.0K $500.0K
YoY Change 0.0% -44.44% -44.44%
Other Assets
YoY Change
Total Long-Term Assets $2.093B $2.048B $2.048B
YoY Change 5.4% 5.98% 5.98%
TOTAL ASSETS
Total Short-Term Assets $248.4M $295.1M $295.1M
Total Long-Term Assets $2.093B $2.048B $2.048B
Total Assets $2.341B $2.343B $2.343B
YoY Change 8.26% 11.48% 11.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.00M $72.20M $72.20M
YoY Change 36.45% 52.32% 52.32%
Accrued Expenses $121.9M $163.0M $163.0M
YoY Change -17.64% 16.01% 16.01%
Deferred Revenue $14.10M $16.10M
YoY Change 281.08% 177.59%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $359.8M $379.6M $379.6M
YoY Change -0.96% 10.67% 10.67%
LONG-TERM LIABILITIES
Long-Term Debt $706.4M $706.0M $706.0M
YoY Change 0.21% 0.21% 0.21%
Other Long-Term Liabilities $19.60M $21.20M $21.20M
YoY Change 67.52% 52.52% 52.52%
Total Long-Term Liabilities $726.0M $727.2M $727.2M
YoY Change 1.31% 1.22% 1.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $359.8M $379.6M $379.6M
Total Long-Term Liabilities $726.0M $727.2M $727.2M
Total Liabilities $1.121B $1.144B $1.145B
YoY Change 1.49% 5.33% 5.33%
SHAREHOLDERS EQUITY
Retained Earnings $528.7M $507.9M
YoY Change 43.05% 54.33%
Common Stock $690.9M $690.4M
YoY Change 0.45% 0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.220B $1.198B $1.198B
YoY Change
Total Liabilities & Shareholders Equity $2.341B $2.343B $2.343B
YoY Change 8.26% 11.48% 11.48%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $20.80M $50.80M $178.8M
YoY Change -48.64% 15.45% 62.25%
Depreciation, Depletion And Amortization $700.0K $700.0K $2.700M
YoY Change -12.5% 16.67% 0.0%
Cash From Operating Activities -$49.80M $118.9M $108.7M
YoY Change -958.62% 217.07% -135.86%
INVESTING ACTIVITIES
Capital Expenditures $100.0K -$300.0K $3.500M
YoY Change -93.33% -72.73% 118.75%
Acquisitions
YoY Change
Other Investing Activities $1.600M $0.00 $4.800M
YoY Change -65.96% -100.0% 84.62%
Cash From Investing Activities $1.500M -$300.0K $1.300M
YoY Change -53.13% -57.14% 30.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.700M
YoY Change -94.91%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$100.0K -100.0K $1.200M
YoY Change 0.0% -112.5% -98.05%
NET CHANGE
Cash From Operating Activities -$49.80M 118.9M $108.7M
Cash From Investing Activities $1.500M -300.0K $1.300M
Cash From Financing Activities -$100.0K -100.0K $1.200M
Net Change In Cash -$48.40M 118.5M $111.2M
YoY Change -643.82% 215.16% -146.2%
FREE CASH FLOW
Cash From Operating Activities -$49.80M $118.9M $108.7M
Capital Expenditures $100.0K -$300.0K $3.500M
Free Cash Flow -$49.90M $119.2M $105.2M
YoY Change -1260.47% 208.81% -134.53%

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GainsLossesOnExtinguishmentOfDebt
-18100000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3200000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2500000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
100000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
142300000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
585900000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
281700000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1600000 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
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40900000 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
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
17800000 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
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-11500000 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
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0 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
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
108700000 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
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3500000 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
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1600000 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
CY2022 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
3200000 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
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1300000 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
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1700000 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
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
458000000.0 usd
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
300000000.0 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
422000000.0 usd
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
118900000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4900000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5300000 usd
CY2022 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 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
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
100000 usd
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
600000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
500000 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
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1200000 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
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
111200000 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
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
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264800000 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
CY2022 us-gaap Notes Issued1
NotesIssued1
0 usd
CY2021 us-gaap Notes Issued1
NotesIssued1
12500000 usd
CY2020 us-gaap Notes Issued1
NotesIssued1
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42400000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4300000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-3100000 usd
CY2022 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>
CY2022Q3 us-gaap Deposits Assets
DepositsAssets
10000000 usd
CY2021Q3 us-gaap Deposits Assets
DepositsAssets
10400000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y6M
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7300000 usd
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3800000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1600000 usd
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
900000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5700000 usd
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2900000 usd
CY2022 us-gaap Depreciation
Depreciation
700000 usd
CY2021 us-gaap Depreciation
Depreciation
400000 usd
CY2020 us-gaap Depreciation
Depreciation
300000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
3800000 usd
CY2022Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
2022400000 usd
CY2021Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1905200000 usd
CY2022 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
320700000 usd
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1100000000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
3800000 usd
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2022 for Due Diligence Write Offs
DueDiligenceWriteOffs
8700000 usd
CY2021 for Due Diligence Write Offs
DueDiligenceWriteOffs
3000000 usd
CY2020 for Due Diligence Write Offs
DueDiligenceWriteOffs
900000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26800000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 usd
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 usd
CY2022 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
36800000 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
CY2022 us-gaap Revenues
Revenues
1519100000 usd
CY2021 us-gaap Revenues
Revenues
1325800000 usd
CY2020 us-gaap Revenues
Revenues
931800000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26800000 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
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
32900000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
41500000 usd
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
43300000 usd
CY2022 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
34100000 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
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
52500000 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
CY2022Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
0 usd
CY2021Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
700000 usd
CY2022Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
11400000 usd
CY2021Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
400000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7500000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6900000 usd
CY2022Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
18900000 usd
CY2021Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
15400000 usd
CY2022Q3 us-gaap Deposits Assets
DepositsAssets
10000000.0 usd
CY2021Q3 us-gaap Deposits Assets
DepositsAssets
10400000 usd
CY2022Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1800000 usd
CY2021Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5300000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
49600000 usd
CY2021Q3 us-gaap Other Assets
OtherAssets
39100000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
11600000 usd
CY2021Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
7900000 usd
CY2022Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
6200000 usd
CY2021Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3400000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
8100000 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7300000 usd
CY2022Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8000000.0 usd
CY2021Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8500000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16100000 usd
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5800000 usd
CY2022Q3 us-gaap Deferred Revenue
DeferredRevenue
4100000 usd
CY2021Q3 us-gaap Deferred Revenue
DeferredRevenue
6800000 usd
CY2022Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
8200000 usd
CY2021Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
6800000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
6800000 usd
CY2021Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
8900000 usd
CY2022Q3 us-gaap Other Liabilities
OtherLiabilities
1000000.0 usd
CY2021Q3 us-gaap Other Liabilities
OtherLiabilities
1300000 usd
CY2022Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
70100000 usd
CY2021Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
56700000 usd
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
706000000.0 usd
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
704500000 usd
CY2022Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
410000000 usd
CY2022Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
600000000 usd
CY2022Q3 for Letterof Credit Maximum Borrowing Capacity
LetterofCreditMaximumBorrowingCapacity
100000000 usd
CY2022Q3 for Letterof Credit Maximum Borrowing Capacity Percentageof Revolving Credit Commitment
LetterofCreditMaximumBorrowingCapacityPercentageofRevolvingCreditCommitment
0.50
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
53300000 usd
CY2022Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
356700000 usd
CY2020Q2 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 usd
CY2022Q3 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178800000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
110200000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
60800000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49818132 shares
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
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
31762 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
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49849894 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
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
400000 usd
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.25
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
38300000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
14300000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-7600000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6200000 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
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
44500000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16900000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-6700000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10200000 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
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2300000 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
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12500000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
19200000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23100000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000000.0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36100000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16400000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
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
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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