A Dark Vector Cognition product

Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

(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 are not necessarily indicative of results of future operations. The selected financial data should be read in conjunction with, and are qualified in their entirety by, the accompanying consolidated financial statements and related notes included herein.

Year Ended December 31,
20192018201720162015
Consolidated income statement data:
Homebuilding data:
Revenues$7,220,844$7,004,304$6,175,521$5,709,223$5,065,200
Gross profit$1,370,982$1,312,177$1,185,143$1,001,362$946,418
Homebuilding income$923,879$871,106$776,370$601,102$555,329
Mortgage Banking data:
Mortgage banking fees$167,820$159,370$130,319$113,321$93,808
Mortgage banking income$101,916$88,626$70,541$60,595$47,883
Consolidated data:
Net income$878,539$797,197$537,521$425,262$382,927
Earnings per share:
Basic$241.31$219.58$144.00$110.53$95.21
Diluted$221.13$194.80$126.77$103.61$89.99
Weighted average number of shares outstanding:
Basic3,6413,6313,7333,8474,022
Diluted3,9734,0924,2404,1044,255
December 31,
20192018201720162015
Consolidated balance sheet data:
Homebuilding inventory$1,347,288$1,253,110$1,246,199$1,092,100$1,006,526
Contract land deposits, net$413,851$396,177$370,429$379,844$343,295
Total assets$3,809,815$3,165,933$2,989,279$2,643,943$2,511,718
Senior notes$598,301$597,681$597,066$596,455$595,847
Shareholders’ equity$2,341,244$1,808,562$1,605,492$1,304,441$1,239,165
Cash dividends per share$—$—$—$—$—

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