2016 Q2 Form 10-Q Financial Statement

#000156168016000029 Filed on July 27, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $625.2M $495.5M
YoY Change 26.18% 44.65%
Cost Of Revenue $447.8M $353.9M
YoY Change 26.53% 32.05%
Gross Profit $177.4M $141.6M
YoY Change 25.28% 90.06%
Gross Profit Margin 28.38% 28.58%
Selling, General & Admin $62.93M $53.90M
YoY Change 16.77% 452.15%
% of Gross Profit 35.47% 38.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$300.0K $1.700M
YoY Change -117.65% -72.13%
% of Gross Profit -0.17% 1.2%
Operating Expenses $62.93M $53.90M
YoY Change 16.77% 452.15%
Operating Profit $114.1M $87.06M
YoY Change 31.09% 697.29%
Interest Expense $0.00 $0.00
YoY Change -100.0%
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net $151.0K -$31.00K
YoY Change -587.1% -153.45%
Pretax Income $116.1M $87.00M
YoY Change 33.45% 738.9%
Income Tax $41.90M $30.20M
% Of Pretax Income 36.09% 34.71%
Net Earnings $73.93M $54.93M
YoY Change 34.58% 126.75%
Net Earnings / Revenue 11.82% 11.09%
Basic Earnings Per Share $0.46 $0.34
Diluted Earnings Per Share $0.46 $0.34
COMMON SHARES
Basic Shares Outstanding 161.8M shares 161.7M shares
Diluted Shares Outstanding 162.3M shares 162.3M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $117.5M $121.9M
YoY Change -3.61% 367.05%
Cash & Equivalents $117.5M $121.9M
Short-Term Investments
Other Short-Term Assets $13.30M $22.80M
YoY Change -41.67% 74.05%
Inventory $2.840B $2.536B
Prepaid Expenses
Receivables $24.10M $23.40M
Other Receivables $10.60M $10.80M
Total Short-Term Assets $3.006B $2.715B
YoY Change 10.72% 363.89%
LONG-TERM ASSETS
Property, Plant & Equipment $7.531M $10.51M
YoY Change -28.35%
Goodwill $139.3M $139.3M
YoY Change 0.0%
Intangibles $22.46M $22.99M
YoY Change -2.33%
Long-Term Investments $17.50M $17.30M
YoY Change 1.16%
Other Assets $119.2M $173.0M
YoY Change -31.1% 1801.1%
Total Long-Term Assets $330.6M $392.5M
YoY Change -15.78% 2355.12%
TOTAL ASSETS
Total Short-Term Assets $3.006B $2.715B
Total Long-Term Assets $330.6M $392.5M
Total Assets $3.336B $3.107B
YoY Change 7.37% 416.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $79.80M $51.00M
YoY Change 56.47% 147.57%
Accrued Expenses $156.1M $117.3M
YoY Change 33.08% 501.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $17.80M $12.40M
YoY Change 43.55%
Total Short-Term Liabilities $281.8M $216.7M
YoY Change 30.04% 440.4%
LONG-TERM LIABILITIES
Long-Term Debt $1.265B $1.288B
YoY Change -1.76% 467.02%
Other Long-Term Liabilities $14.60M $52.10M
YoY Change -71.98%
Total Long-Term Liabilities $1.280B $1.340B
YoY Change -4.49% 489.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $281.8M $216.7M
Total Long-Term Liabilities $1.280B $1.340B
Total Liabilities $1.561B $1.578B
YoY Change -1.07% 490.64%
SHAREHOLDERS EQUITY
Retained Earnings $854.3M
YoY Change
Common Stock $903.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.757B $1.529B
YoY Change
Total Liabilities & Shareholders Equity $3.336B $3.107B
YoY Change 7.37% 416.84%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $73.93M $54.93M
YoY Change 34.58% 126.75%
Depreciation, Depletion And Amortization -$300.0K $1.700M
YoY Change -117.65% -72.13%
Cash From Operating Activities -$46.50M -$68.80M
YoY Change -32.41% -147.06%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$200.0K
YoY Change 250.0% -95.24%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$300.0K
YoY Change -100.0% -250.0%
Cash From Investing Activities -$800.0K -$500.0K
YoY Change 60.0% -87.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 20.80M 84.60M
YoY Change -75.41% -89.49%
NET CHANGE
Cash From Operating Activities -46.50M -68.80M
Cash From Investing Activities -800.0K -500.0K
Cash From Financing Activities 20.80M 84.60M
Net Change In Cash -26.50M 15.30M
YoY Change -273.2% -98.39%
FREE CASH FLOW
Cash From Operating Activities -$46.50M -$68.80M
Capital Expenditures -$700.0K -$200.0K
Free Cash Flow -$45.80M -$68.60M
YoY Change -33.24% -145.61%

Facts In Submission

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125810000 USD
CY2016Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
117646000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
92368000 USD
CY2016Q2 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
90006000 USD
CY2015Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-423000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-1081000 USD
CY2016Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
1685000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
2745000 USD
CY2015Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1377000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1453000 USD
CY2016Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
4688000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
7897000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
352000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
182000 USD
CY2015Q2 us-gaap Financial Services Costs
FinancialServicesCosts
58000 USD
us-gaap Financial Services Costs
FinancialServicesCosts
84000 USD
CY2016Q2 us-gaap Financial Services Costs
FinancialServicesCosts
53000 USD
us-gaap Financial Services Costs
FinancialServicesCosts
111000 USD
CY2015Q2 us-gaap Financial Services Revenue
FinancialServicesRevenue
182000 USD
us-gaap Financial Services Revenue
FinancialServicesRevenue
182000 USD
CY2016Q2 us-gaap Financial Services Revenue
FinancialServicesRevenue
379000 USD
us-gaap Financial Services Revenue
FinancialServicesRevenue
527000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5254000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5521000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2755000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
267000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
534000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
534000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
534000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
534000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5158000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28261000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56414000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30269000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58665000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
139304000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
139304000 USD
CY2015Q2 us-gaap Home Building Costs
HomeBuildingCosts
341742000 USD
us-gaap Home Building Costs
HomeBuildingCosts
641648000 USD
CY2016Q2 us-gaap Home Building Costs
HomeBuildingCosts
432738000 USD
us-gaap Home Building Costs
HomeBuildingCosts
757237000 USD
CY2015Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
427238000 USD
us-gaap Home Building Revenue
HomeBuildingRevenue
801503000 USD
CY2016Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
556925000 USD
us-gaap Home Building Revenue
HomeBuildingRevenue
979980000 USD
CY2015Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
878000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1044000 USD
CY2016Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
87002000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
110126000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
116106000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
160306000 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-155000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-81000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1499000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2200000 USD
CY2015Q2 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2016Q2 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30240000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38067000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41913000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57403000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11354000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
55270000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-17851000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
14978000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14071000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-9199000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-5085000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-14871000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
255416000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
323305000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-23483000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1599000 USD
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
621529 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
675845 shares
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
433008 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
363021 shares
CY2015Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
10493000 USD
CY2016Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
10256000 USD
CY2016Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
10300000 USD
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2016Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
22725000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
22458000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
162029000 USD
CY2016Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
161762000 USD
CY2015Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
15149000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
30325000 USD
CY2016Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
16280000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
31429000 USD
CY2015Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
15149000 USD
CY2015Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
15100000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
30325000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
30300000 USD
CY2016Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
16280000 USD
CY2016Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
16300000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
31429000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
31400000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
0 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2400000 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2417000 USD
CY2016Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3600000 USD
CY2016Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3646000 USD
CY2015Q4 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
575076000 USD
CY2016Q2 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
788672000 USD
CY2015Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
295241000 USD
CY2016Q2 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
295792000 USD
CY2015Q4 us-gaap Inventory Real Estate
InventoryRealEstate
2519273000 USD
CY2016Q2 us-gaap Inventory Real Estate
InventoryRealEstate
2840213000 USD
CY2015Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1443461000 USD
CY2016Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1568273000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
18999000 USD
CY2016Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
17549000 USD
CY2015Q2 us-gaap Land Sales
LandSales
67490000 USD
us-gaap Land Sales
LandSales
69490000 USD
CY2016Q2 us-gaap Land Sales
LandSales
67314000 USD
us-gaap Land Sales
LandSales
67669000 USD
CY2015Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
39055000 USD
CY2016Q2 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
24489000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1451608000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
1561483000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3138071000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3336264000 USD
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
307000 USD
CY2016Q2 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
299392000 USD
CY2016Q2 us-gaap Line Of Credit
LineOfCredit
100000000 USD
CY2015Q4 us-gaap Loans Payable
LoansPayable
2434000 USD
CY2016Q2 us-gaap Loans Payable
LoansPayable
17758000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
21780000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
17480000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2076000 USD
CY2016Q2 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
4179000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
130243000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
90375000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1870000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1155000 USD
CY2015Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
607000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1600000 USD
CY2016Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
604000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1184000 USD
CY2015Q4 us-gaap Other Receivables
OtherReceivables
300000 USD
CY2016Q2 us-gaap Other Receivables
OtherReceivables
300000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-177095000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-186196000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
54930000 USD
us-gaap Net Income Loss
NetIncomeLoss
70227000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
73926000 USD
us-gaap Net Income Loss
NetIncomeLoss
102476000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1832000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1832000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
267000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
427000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
54930000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70227000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
73926000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
102476000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
87064000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
109884000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
114130000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
157424000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
48918000 USD
CY2016Q2 us-gaap Other Assets
OtherAssets
47860000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3157000 USD
CY2016Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2700000 USD
CY2015Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
572000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1134000 USD
CY2016Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
583000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1149000 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
20590000 USD
CY2016Q2 us-gaap Other Liabilities
OtherLiabilities
14407000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-31000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
225000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
151000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
266000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14698000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2688000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5110000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2190000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1359000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
1257000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
32000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
613000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1123000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4155000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3921000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
14523000 USD
CY2016Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
13303000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
140000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
392758000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
660000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
18000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2034000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1810000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33270000 USD
CY2015Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33965000 USD
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35375000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
45948000 USD
CY2016Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
45419000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
45272000 USD
CY2015Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2943000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5421000 USD
CY2016Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3378000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5980000 USD
CY2015Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
999000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1300000 USD
CY2016Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
260000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
260000 USD
CY2015Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3354000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6226000 USD
CY2016Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2971000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5044000 USD
CY2015Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
1178000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
1538000 USD
CY2016Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
107000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
289000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
56762000 USD
us-gaap Profit Loss
ProfitLoss
72059000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
207181000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
74193000 USD
us-gaap Profit Loss
ProfitLoss
102903000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7643000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7531000 USD
CY2015Q4 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
4360000 USD
CY2016Q2 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
4360000 USD
CY2014Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
124461000 USD
CY2015Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
132872000 USD
CY2015Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
140106000 USD
CY2015Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
140311000 USD
CY2016Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
146630000 USD
CY2016Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
151347000 USD
CY2015Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
7915000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
14680000 USD
CY2016Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
11563000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
20393000 USD
CY2015Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
15149000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
30325000 USD
CY2016Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
16280000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
31429000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3135995000 USD
CY2016Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3332085000 USD
CY2015Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
495335000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
872593000 USD
CY2016Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
624843000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
1048833000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
2895000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
276826000 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
498000 USD
us-gaap Restructuring Charges
RestructuringCharges
720000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
215000 USD
us-gaap Restructuring Charges
RestructuringCharges
350000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
751868000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
854344000 USD
CY2015Q2 us-gaap Revenues
Revenues
495517000 USD
us-gaap Revenues
Revenues
872775000 USD
CY2016Q2 us-gaap Revenues
Revenues
625222000 USD
us-gaap Revenues
Revenues
1049360000 USD
CY2015Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
25634000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
48920000 USD
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
32448000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
58769000 USD
CY2015Q4 us-gaap Senior Notes
SeniorNotes
868679000 USD
CY2016Q2 us-gaap Senior Notes
SeniorNotes
1165114000 USD
CY2015Q2 us-gaap Severance Costs1
SeveranceCosts1
23000 USD
us-gaap Severance Costs1
SeveranceCosts1
135000 USD
CY2016Q2 us-gaap Severance Costs1
SeveranceCosts1
12000 USD
us-gaap Severance Costs1
SeveranceCosts1
25000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5542000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6363000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1616000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
18000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1253021 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
14700000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
14698000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1664683000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
1757301000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1472476000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1686463000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1774781000 USD
CY2015Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
8900000 USD
CY2016Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
8975000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.73
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
307000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162308099 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162265155 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162259283 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162245399 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161686570 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161589310 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161826275 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161882378 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in our consolidated financial statements for prior years have been reclassified to conform to the current period presentation.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our financial statements have been prepared in accordance with GAAP. The preparation of these financial statements requires our management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from our estimates.</font></div></div>

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