2018 Q4 Form 10-K Financial Statement

#000162828019000598 Filed on January 28, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017 Q3
Revenue $6.459B $3.786B $3.261B
YoY Change 70.63% 12.11% 15.09%
Cost Of Revenue $5.477B $3.178B $2.744B
YoY Change 72.34% 13.51% 14.97%
Gross Profit $1.274B $747.5M $650.4M
YoY Change 70.47% 9.36% 17.9%
Gross Profit Margin 19.73% 19.75% 19.94%
Selling, General & Admin $94.90M $85.60M $72.90M
YoY Change 10.86% 26.07% 19.12%
% of Gross Profit 7.45% 11.45% 11.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.50M $19.40M $17.50M
YoY Change 26.29% 34.72% 34.62%
% of Gross Profit 1.92% 2.6% 2.69%
Operating Expenses $120.0M $100.3M $84.20M
YoY Change 19.64% 45.78% 122.75%
Operating Profit $1.154B $647.2M $441.2M
YoY Change 78.34% 5.28% 10.11%
Interest Expense $187.6M -$45.10M -$64.90M
YoY Change -515.96% -3.01% -6770.09%
% of Operating Profit 16.25% -6.97% -14.71%
Other Income/Expense, Net
YoY Change
Pretax Income $1.037B $462.0M $368.4M
YoY Change 124.36% 0.13% 8.49%
Income Tax $238.3M $164.2M $124.8M
% Of Pretax Income 22.99% 35.54% 33.88%
Net Earnings $796.1M $309.6M $249.2M
YoY Change 157.16% -1.23% 5.65%
Net Earnings / Revenue 12.33% 8.18% 7.64%
Basic Earnings Per Share $2.42 $1.29 $1.04
Diluted Earnings Per Share $2.42 $1.29 $1.04
COMMON SHARES
Basic Shares Outstanding 237.3M shares
Diluted Shares Outstanding 237.3M shares

Balance Sheet

Concept 2018 Q4 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.558B $2.651B $838.0M
YoY Change -41.23% 99.32% 2.7%
Cash & Equivalents $1.558B $2.651B $837.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $17.07B $10.86B $10.92B
Prepaid Expenses
Receivables $968.0M $451.0M $374.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $19.60B $13.96B $12.13B
YoY Change 40.34% 26.64% 11.06%
LONG-TERM ASSETS
Property, Plant & Equipment $319.9M $215.1M $180.0M
YoY Change 48.73% 23.88% 21.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.099B $1.907B $1.955B
YoY Change 10.07% 21.23% 27.11%
Other Assets $1.251B $981.0M $716.0M
YoY Change 27.52% 0.93% -13.32%
Total Long-Term Assets $8.971B $4.782B $4.805B
YoY Change 87.6% 10.29% 17.99%
TOTAL ASSETS
Total Short-Term Assets $19.60B $13.96B $12.13B
Total Long-Term Assets $8.971B $4.782B $4.805B
Total Assets $28.57B $18.75B $16.94B
YoY Change 52.39% 22.02% 12.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.325B $755.0M $653.0M
YoY Change 75.5% 26.47% 15.37%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.573B $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.898B $755.0M $653.0M
YoY Change 283.84% 26.47% 15.37%
LONG-TERM LIABILITIES
Long-Term Debt $8.544B $7.973B $6.861B
YoY Change 7.16% 27.04% 7.04%
Other Long-Term Liabilities $2.441B $2.032B $1.766B
YoY Change 20.13% 59.0% 40.27%
Total Long-Term Liabilities $10.99B $10.01B $8.627B
YoY Change 9.8% 32.45% 12.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.898B $755.0M $653.0M
Total Long-Term Liabilities $10.99B $10.01B $8.627B
Total Liabilities $13.88B $10.76B $9.280B
YoY Change 29.04% 32.01% 12.68%
SHAREHOLDERS EQUITY
Retained Earnings $6.488B $4.841B $4.779B
YoY Change 34.02% 12.42% 19.42%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $435.9M $136.0M $136.1M
YoY Change 220.44% 24.83% 24.92%
Treasury Stock Shares
Shareholders Equity $14.58B $7.872B $7.554B
YoY Change
Total Liabilities & Shareholders Equity $28.57B $18.75B $16.94B
YoY Change 52.39% 22.02% 12.94%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $796.1M $309.6M $249.2M
YoY Change 157.16% -1.23% 5.65%
Depreciation, Depletion And Amortization $24.50M $19.40M $17.50M
YoY Change 26.29% 34.72% 34.62%
Cash From Operating Activities $965.3M $669.2M $487.5M
YoY Change 44.25% 30.98% 182.94%
INVESTING ACTIVITIES
Capital Expenditures -$48.90M -$44.70M -$20.10M
YoY Change 9.4% 106.94% 28.85%
Acquisitions
YoY Change
Other Investing Activities $473.9M $132.4M -$63.90M
YoY Change 257.93% 152.67% -231.48%
Cash From Investing Activities $424.9M $87.80M -$84.10M
YoY Change 383.94% 184.14% -355.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -877.8M 1.056B -549.7M
YoY Change -183.1% -3832.51% 168.67%
NET CHANGE
Cash From Operating Activities 965.3M 669.2M 487.5M
Cash From Investing Activities 424.9M 87.80M -84.10M
Cash From Financing Activities -877.8M 1.056B -549.7M
Net Change In Cash 512.4M 1.813B -146.3M
YoY Change -71.74% 253.13% -24483.33%
FREE CASH FLOW
Cash From Operating Activities $965.3M $669.2M $487.5M
Capital Expenditures -$48.90M -$44.70M -$20.10M
Free Cash Flow $1.014B $713.9M $507.6M
YoY Change 42.06% 34.07% 170.14%

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PaymentsToAcquirePropertyPlantAndEquipment
111773000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76439000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
38633000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
60326000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
25288000 USD
CY2018 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
225267000 USD
CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2016 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
405547000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
430304000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
425761000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
362516000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
207327000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
323190000 USD
CY2018 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
32221000 USD
CY2017 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
86565000 USD
CY2016 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
97871000 USD
CY2018 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
0 USD
CY2017 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
11251000 USD
CY2016 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
0 USD
CY2018 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
4339000 USD
CY2017 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
165413000 USD
CY2016 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
84433000 USD
CY2018 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
0 USD
CY2017 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
98375000 USD
CY2016 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
56507000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
3610000 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2018 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
31068000 USD
CY2017 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
107262000 USD
CY2016 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
42436000 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
340000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2018 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
14222000 USD
CY2017 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 USD
CY2016 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1103275000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
611103000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
725000 USD
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
541000 USD
CY2018 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
3603000 USD
CY2017 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
14257000 USD
CY2016 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-963000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
47305000 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
53558000 USD
CY2016 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
37764000 USD
CY2018 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
85237000 USD
CY2017 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
41765000 USD
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
23963000 USD
CY2018 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
145000 USD
CY2017 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
1442000 USD
CY2016 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
2454000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-608122000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-869817000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-85837000 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
2450000000 USD
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
499024000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
14661000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
28590000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4740000 USD
CY2018 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1100000000 USD
CY2017 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1058595000 USD
CY2016 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
250000000 USD
CY2018 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
59145000 USD
CY2017 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2016 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
234028000 USD
CY2018 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
44374000 USD
CY2017 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
31230000 USD
CY2016 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
37163000 USD
CY2018 len Proceedsfrom Other Liabilities
ProceedsfromOtherLiabilities
-3542000 USD
CY2017 len Proceedsfrom Other Liabilities
ProceedsfromOtherLiabilities
195541000 USD
CY2016 len Proceedsfrom Other Liabilities
ProceedsfromOtherLiabilities
0 USD
CY2018 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
138475000 USD
CY2017 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
139725000 USD
CY2016 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
210968000 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
18126000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5786000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
353000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
89575000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
74372000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
127410000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1981000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
7039000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3061000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
720000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19471000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
299833000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
27054000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19902000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49159000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
37608000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
35324000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2195901000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1194296000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-250883000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1092414000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1321343000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
171084000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2650872000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1329529000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1158445000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1558458000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2650872000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1329529000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1558458000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2650872000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1329529000 USD
CY2018 us-gaap Interest Paid
InterestPaid
128877000 USD
CY2017 us-gaap Interest Paid
InterestPaid
89485000 USD
CY2016 us-gaap Interest Paid
InterestPaid
66570000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
376609000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
199557000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
374731000 USD
CY2018 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
35430000 USD
CY2017 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
48656000 USD
CY2016 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
111347000 USD
CY2018 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
7198000 USD
CY2017 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
0 USD
CY2016 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
0 USD
CY2018 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
0 USD
CY2017 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
-1716000 USD
CY2016 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
0 USD
CY2018 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
-25614000 USD
CY2017 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
-9692000 USD
CY2016 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
-2445000 USD
CY2018 len Noncash Consolidation Deconsolidation Liabilities Relatedto Consolidated Inventory Not Owned
NoncashConsolidationDeconsolidationLiabilitiesRelatedtoConsolidatedInventoryNotOwned
0 USD
CY2017 len Noncash Consolidation Deconsolidation Liabilities Relatedto Consolidated Inventory Not Owned
NoncashConsolidationDeconsolidationLiabilitiesRelatedtoConsolidatedInventoryNotOwned
0 USD
CY2016 len Noncash Consolidation Deconsolidation Liabilities Relatedto Consolidated Inventory Not Owned
NoncashConsolidationDeconsolidationLiabilitiesRelatedtoConsolidatedInventoryNotOwned
-96424000 USD
CY2018 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
-17014000 USD
CY2017 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
44000 USD
CY2016 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
0 USD
CY2018 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
0 USD
CY2017 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
-37292000 USD
CY2016 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
-12478000 USD
CY2017 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
CY2018 us-gaap Advertising Expense
AdvertisingExpense
72100000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
47000000.0 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
40900000 USD
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
926100000 USD
CY2017Q4 us-gaap Escrow Deposit
EscrowDeposit
569800000 USD
CY2018 len Escrow Deposit Period
EscrowDepositPeriod
P3D
CY2018Q4 len Numberof Active Communities
NumberofActiveCommunities
1324
CY2017Q4 len Numberof Active Communities
NumberofActiveCommunities
761
CY2018 len Numberof Communities Assessedfor Impairment
NumberofCommunitiesAssessedforImpairment
25
CY2018 len Numberof Homesites Assessedfor Impairment
NumberofHomesitesAssessedforImpairment
1121
CY2018Q4 len Inventory Operative Builders With Potential Indicators Of Impairment
InventoryOperativeBuildersWithPotentialIndicatorsOfImpairment
211300000 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
31300000 USD
CY2018 len Numberof Homesites Impaired
NumberofHomesitesImpaired
733
CY2018 len Numberof Communities Impaired
NumberofCommunitiesImpaired
6 community
CY2017 len Numberof Communities Assessedfor Impairment
NumberofCommunitiesAssessedforImpairment
10
CY2017 len Numberof Homesites Assessedfor Impairment
NumberofHomesitesAssessedforImpairment
630
CY2017Q4 len Inventory Operative Builders With Potential Indicators Of Impairment
InventoryOperativeBuildersWithPotentialIndicatorsOfImpairment
100400000 USD
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
7900000 USD
CY2017 len Numberof Homesites Impaired
NumberofHomesitesImpaired
473
CY2017 len Numberof Communities Impaired
NumberofCommunitiesImpaired
7 community
CY2018Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7200000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6400000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
164619000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
135403000 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
175410000 USD
CY2017 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
109359000 USD
CY2018 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
3116000 USD
CY2017 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
16027000 USD
CY2018 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
140959000 USD
CY2017 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
6345000 USD
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
164995000 USD
CY2017 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
102515000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
319109000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
164619000 USD
CY2018Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
101400000 USD
CY2017Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
90200000 USD
CY2018Q4 us-gaap Assets
Assets
28566181000 USD
CY2017Q4 us-gaap Assets
Assets
18745034000 USD
CY2016Q4 us-gaap Assets
Assets
15361781000 USD
CY2018 us-gaap Revenues
Revenues
20571631000 USD
CY2017 us-gaap Revenues
Revenues
12646365000 USD
CY2016 us-gaap Revenues
Revenues
10949999000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
2463191000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
1475500000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
1563031000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
152980000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2016 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
343934000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
285889000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
232562000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2262684000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1189611000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1330469000 USD
CY2018 len Sales Incentives
SalesIncentives
1100000000 USD
CY2018 len Sales Incentives Per Home Delivered
SalesIncentivesPerHomeDelivered
23500
CY2017 len Sales Incentives
SalesIncentives
665700000 USD
CY2017 len Sales Incentives Per Home Delivered
SalesIncentivesPerHomeDelivered
22700
CY2016 len Sales Incentives
SalesIncentives
596300000 USD
CY2016 len Sales Incentives Per Home Delivered
SalesIncentivesPerHomeDelivered
22500
CY2018 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
161753000 USD
CY2017 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
127680000 USD
CY2016 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
105735000 USD
CY2018 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
170394000 USD
CY2017 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
111773000 USD
CY2016 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
65608000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
40641000 USD
CY2018Q4 len Numberof Unconsolidated Entities Debt Repayment Guarantee
NumberofUnconsolidatedEntitiesDebtRepaymentGuarantee
4 joint_venture
CY2017Q4 len Numberof Unconsolidated Entities Debt Repayment Guarantee
NumberofUnconsolidatedEntitiesDebtRepaymentGuarantee
3 joint_venture
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
458659000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
319340000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17572000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
19777000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
277134000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
326807000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
319893000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
189096000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138798000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
104272000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
319861000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
215068000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
246604000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
309235000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
300116000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30530000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
43775000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
78941000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
50409000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
53710000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
268037000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
91050000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
97485000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
545171000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
417857000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
417378000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2222
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0381
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0329
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0321
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0171
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0277
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0278
CY2018 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
-0.0039
CY2017 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
0.0027
CY2016 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
-0.0089
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0003
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0017
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0001
CY2018 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
-0.0147
CY2017 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
0
CY2016 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
0
CY2018 len Effective Income Tax Rate Reconciliation Net Operating Loss Adjustment Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossAdjustmentPercent
0.0306
CY2017 len Effective Income Tax Rate Reconciliation Net Operating Loss Adjustment Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossAdjustmentPercent
0
CY2016 len Effective Income Tax Rate Reconciliation Net Operating Loss Adjustment Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossAdjustmentPercent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0160
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0203
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0346
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0044
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0009
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0033
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2433
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3402
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3140
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DeferredTaxAssetImpairment
68600000 USD
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DeferredTaxAssetsInventory
315006000 USD
CY2017Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
54511000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
175626000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
164868000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
138094000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
100338000 USD
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DeferredTaxAssetsCapitalizedExpenses
51477000 USD
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DeferredTaxAssetsCapitalizedExpenses
197204000 USD
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DeferredTaxAssetsOther
115266000 USD
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DeferredTaxAssetsOther
68857000 USD
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DeferredTaxAssetsGross
864746000 USD
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DeferredTaxAssetsGross
640110000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7219000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6423000 USD
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DeferredTaxAssetsNet
857527000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
633687000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
153392000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
79440000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
156376000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
244969000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
32271000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
11583000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
342039000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
335992000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
515488000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
297695000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
515488000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
297695000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7200000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6400000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
222000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2805000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2052000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6493000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
13510000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14667000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11600000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
49723000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
45973000 USD
CY2018 len Unrecognized Tax Benefits Increasein Income Tax Penaltiesand Interest Resultingfrom Acquisition
UnrecognizedTaxBenefitsIncreaseinIncomeTaxPenaltiesandInterestResultingfromAcquisition
1515000 USD
CY2017 len Unrecognized Tax Benefits Increasein Income Tax Penaltiesand Interest Resultingfrom Acquisition
UnrecognizedTaxBenefitsIncreaseinIncomeTaxPenaltiesandInterestResultingfromAcquisition
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1894000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
4184000 USD
CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-190000 USD
CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-434000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
52942000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
49723000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
1695831000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
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CY2016 us-gaap Net Income Loss
NetIncomeLoss
911844000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
429000 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
377000 USD
CY2016 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
337000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
14438000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7447000 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
8852000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1680964000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
802656000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
902655000 USD
CY2018 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
3320000 USD
CY2017 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
1009000 USD
CY2016 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
1028000 USD
CY2018 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
2904000 USD
CY2017 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
0 USD
CY2016 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
8852000 USD
CY2018 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
2899000 USD
CY2017 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
0 USD
CY2016 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
8438000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1677729000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
801647000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
907569000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307968000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237155000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
223079000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
48000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
549000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
12288000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
308565000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237156000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235370000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.46
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.38
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.05
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.44
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.38
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.86
CY2018Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
20000000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6000000.0 shares
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
249900000 USD
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
41.63
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6000000.0 shares
CY2017Q4 len Dividends Maximum Rateasa Percentageof Net Incomeinthe Eventof Default
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0.50
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25300000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17200000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
15700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72655000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
61356000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55516000 USD
CY2018 len Excess Tax Benefitfrom Sharebased Compensation
ExcessTaxBenefitfromSharebasedCompensation
2500000 USD
CY2017 len Excess Tax Benefitfrom Sharebased Compensation
ExcessTaxBenefitfromSharebasedCompensation
2000000.0 USD
CY2016 len Excess Tax Benefitfrom Sharebased Compensation
ExcessTaxBenefitfromSharebasedCompensation
7000000.0 USD
CY2018 len Variable Interest Entity Consolidated Assets Consolidated During Period
VariableInterestEntityConsolidatedAssetsConsolidatedDuringPeriod
57300000 USD
CY2018 len Variable Interest Entity Consolidated Assets Deconsolidated During Period
VariableInterestEntityConsolidatedAssetsDeconsolidatedDuringPeriod
48100000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
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666200000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
242500000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
799400000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
389700000 USD
CY2018Q4 len Inventory Real Estate Landand Land Development Costs Option Contracts
InventoryRealEstateLandandLandDevelopmentCostsOptionContracts
209500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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50433000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
47764000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
38878000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
27148000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
19743000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
42068000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
98400000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
74600000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
63200000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
763800000 USD
CY2018Q4 us-gaap Assets
Assets
28566181000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
13883224000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
14581535000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
101422000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14682957000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28566181000 USD
CY2017Q4 us-gaap Assets
Assets
18745034000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
10758902000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
7872317000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
113815000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7986132000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18745034000 USD
CY2018 us-gaap Revenues
Revenues
20571631000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
152980000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
343934000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
18734360000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2262684000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
545171000 USD
CY2018 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2018 us-gaap Profit Loss
ProfitLoss
1717513000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
21682000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
1695831000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1634000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-234000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1400000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1694431000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
21682000 USD
CY2017 us-gaap Revenues
Revenues
12646365000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
285889000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
11307370000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1189611000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
417857000 USD
CY2017 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2017 us-gaap Profit Loss
ProfitLoss
771754000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38726000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
810480000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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