Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

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(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 accompanying consolidated financial statements and related notes included herein.


	Year Ended December 31,
	2013		2012		2011		2010		2009
Consolidated Income Statement Data:
*Homebuilding data:*
Revenues	$	4,134,481	$	3,121,244	$	2,611,195	$	2,980,758	$	2,683,467
Gross profit		710,277		545,605		445,570		542,466		497,734

*Mortgage Banking data:*
Mortgage banking fees		76,786		63,406		47,954		61,134		60,381
Interest income		4,983		4,504		5,702		5,411		2,979
Interest expense		545		546		875		1,126		1,184

*Consolidated data:*
Income from continuing operations	$	266,477	$	180,588	$	129,420	$	206,005	$	192,180
Income from continuing operations per diluted share (1)	$	54.81	$	35.12	$	23.01	$	33.42	$	31.26


	December 31,
	2013		2012		2011		2010		2009
Consolidated Balance Sheet Data:
Homebuilding inventory	$	738,565	$	678,131	$	533,150	$	431,329	$	418,718
Contract land deposits, net		236,885		191,538		131,930		100,786		49,906
Total assets		2,486,148		2,604,842		1,779,485		2,260,061		2,395,770
Notes and loans payable (2)		599,190		599,745		1,613		92,089		147,880
Shareholders’ equity		1,261,352		1,480,477		1,374,799		1,740,374		1,757,262
Cash dividends per share		—		—		—		—		—

(1)	For the years ended December 31, 2013, 2012, 2011, 2010, and 2009, income from continuing operations per diluted share was computed based on 4,861,702; 5,141,529; 5,623,817; 6,164,617 and 6,148,769 shares, respectively, which represents the weighted average number of shares and share equivalents outstanding for each year.

(2)	Balance does not include non-recourse debt related to the consolidated variable interest entity.

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