A Dark Vector Cognition product

Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

(dollars in thousands, except per share amounts)

The following tables set forth selected consolidated financial data. The selected income statement and balance sheet data have been derived from our consolidated financial statements for each of the periods presented and is not necessarily indicative of results of future operations. The selected financial data should be read in conjunction with, and is qualified in its entirety by, the consolidated financial statements and related notes included elsewhere in this report.

Year Ended December 31,
20102009200820072006
Consolidated Income Statement Data:
Homebuilding data:
Revenues$2,980,758$2,683,467$3,638,702$5,048,187$6,036,236
Gross profit542,466497,734457,692821,1281,334,971
Mortgage Banking data:
Mortgage banking fees61,13460,38154,33781,15597,888
Interest income5,4112,9793,9554,9007,704
Interest expense1,1261,1847546812,805
Consolidated data:
Income from continuing operations$206,005$192,180$100,892$333,955$587,412
Income from continuing operations per diluted share (1)$33.42$31.26$17.04$54.14$88.05
December 31,
20102009200820072006
Consolidated Balance Sheet Data:
Homebuilding inventory$431,329$418,718$400,570$688,854$733,616
Contract land deposits, net100,78649,90629,073188,528402,170
Total assets2,260,0612,395,7702,103,2362,194,4162,473,808
Notes and loans payable92,089147,880210,389286,283356,632
Shareholders’ equity1,740,3741,757,2621,373,7891,129,3751,152,074
Cash dividends per share—————
(1)For the years ended December 31, 2010, 2009, 2008, 2007 and 2006, income from continuing operations per diluted share was computed based on 6,164,617; 6,148,769; 5,920,285; 6,167,795 and 6,671,571 shares, respectively, which represents the weighted average number of shares and share equivalents outstanding for each year.

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