filings.toolsItem 6. Selected Financial Data.
5K characters. Original on sec.gov · Markdown
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, | ||||||||||||||||||||||||||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||||||||||||||||||||
| Consolidated income statement data: | ||||||||||||||||||||||||||||||||
| Homebuilding data: | ||||||||||||||||||||||||||||||||
| Revenues | $ | 7,328,889 | $ | 7,220,844 | $ | 7,004,304 | $ | 6,175,521 | $ | 5,709,223 | ||||||||||||||||||||||
| Gross profit | $ | 1,391,488 | $ | 1,370,982 | $ | 1,312,177 | $ | 1,185,143 | $ | 1,001,362 | ||||||||||||||||||||||
| Homebuilding income | $ | 937,960 | $ | 923,879 | $ | 871,106 | $ | 776,370 | $ | 601,102 | ||||||||||||||||||||||
| Mortgage Banking data: | ||||||||||||||||||||||||||||||||
| Mortgage banking fees | $ | 208,034 | $ | 167,820 | $ | 159,370 | $ | 130,319 | $ | 113,321 | ||||||||||||||||||||||
| Mortgage banking income | $ | 140,073 | $ | 101,916 | $ | 88,626 | $ | 70,541 | $ | 60,595 | ||||||||||||||||||||||
| Consolidated data: | ||||||||||||||||||||||||||||||||
| Net income | $ | 901,248 | $ | 878,539 | $ | 797,197 | $ | 537,521 | $ | 425,262 | ||||||||||||||||||||||
| Earnings per share: | ||||||||||||||||||||||||||||||||
| Basic | $ | 244.11 | $ | 241.31 | $ | 219.58 | $ | 144.00 | $ | 110.53 | ||||||||||||||||||||||
| Diluted | $ | 230.11 | $ | 221.13 | $ | 194.80 | $ | 126.77 | $ | 103.61 | ||||||||||||||||||||||
| Weighted average number of shares outstanding: | ||||||||||||||||||||||||||||||||
| Basic | 3,692 | 3,641 | 3,631 | 3,733 | 3,847 | |||||||||||||||||||||||||||
| Diluted | 3,917 | 3,973 | 4,092 | 4,240 | 4,104 | |||||||||||||||||||||||||||
| December 31, | ||||||||||||||||||||||||||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||||||||||||||||||||
| Consolidated balance sheet data: | ||||||||||||||||||||||||||||||||
| Homebuilding inventory | $ | 1,709,082 | $ | 1,347,288 | $ | 1,253,110 | $ | 1,246,199 | $ | 1,092,100 | ||||||||||||||||||||||
| Contract land deposits, net | $ | 387,628 | $ | 413,851 | $ | 396,177 | $ | 370,429 | $ | 379,844 | ||||||||||||||||||||||
| Total assets | $ | 5,777,141 | $ | 3,809,815 | $ | 3,165,933 | $ | 2,989,279 | $ | 2,643,943 | ||||||||||||||||||||||
| Senior notes | $ | 1,517,395 | $ | 598,301 | $ | 597,681 | $ | 597,066 | $ | 596,455 | ||||||||||||||||||||||
| Shareholders’ equity | $ | 3,103,074 | $ | 2,341,244 | $ | 1,808,562 | $ | 1,605,492 | $ | 1,304,441 | ||||||||||||||||||||||
| Cash dividends per share | $ | — | $ | — | $ | — | $ | — | $ | — |
Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.