| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net Income (Loss) Attributable to Parent | |||||||||||
1,016,700 | 1,022,023 | 447,221 | 602,703 | 494,090 | 474,338 | 2,620,116 | 206,145 | -210,388 | -1,096,729 | -1,182,567 | -1,473,113 |
Adjustments to reconcile net income to net cash from operating activities: | |||||||||||
Deferred income tax expense | |||||||||||
-105,438 | -362,777 | -422,307 | -334,787 | -311,699 | -223,769 | 2,096,425 | 0 | 0 | - | 37,587 | 105,906 |
Land-related charges | |||||||||||
27,101 | 99,446 | 191,913 | 19,357 | 11,467 | 11,168 | 9,672 | 17,195 | 35,786 | 214,444 | 919,199 | 1,511,751 |
Goodwill, Impairment Loss | |||||||||||
- | - | - | - | - | - | - | - | 240,541 | 656,298 | 562,990 | 5,654 |
Depreciation and amortization | |||||||||||
53,999 | 49,429 | 50,998 | 54,007 | 46,222 | 39,864 | 31,587 | 30,027 | 32,098 | 45,660 | 54,246 | 73,980 |
Share-based compensation expense | |||||||||||
28,368 | 28,290 | 33,683 | 22,228 | 24,752 | 29,292 | 30,480 | 22,897 | 16,970 | 32,081 | 46,343 | 39,107 |
Equity in earnings of unconsolidated entities | |||||||||||
- | - | - | - | - | - | - | 4,059 | 3,296 | 2,911 | -49,652 | -12,813 |
Distributions of earnings from unconsolidated entities | |||||||||||
- | - | - | - | - | - | - | 7,488 | 7,083 | 5,512 | 911 | 4,421 |
Loss on debt retirements | |||||||||||
-4,900 | -76 | 0 | -700 | 0 | -8,584 | -26,930 | -32,071 | -5,638 | -38,920 | -31,594 | -1,594 |
Other, net | |||||||||||
-1,155 | 3,688 | 1,789 | -1,614 | 4,865 | 2,566 | -10,294 | -10,356 | -12,188 | -11,539 | -2,510 | 3,371 |
Increase (decrease) in cash due to: | |||||||||||
Restricted cash | |||||||||||
- | - | - | - | - | - | -3,387 | -1,257 | -5,940 | -7,775 | -8,339 | - |
Inventories | |||||||||||
237,741 | 50,362 | 569,030 | 897,092 | 917,298 | 337,939 | -265,064 | -455,223 | -54,891 | 28,754 | -494,026 | -1,114,686 |
Residential mortgage loans available-for-sale | |||||||||||
48,261 | -107,330 | 33,009 | 99,527 | 104,609 | 53,734 | -28,448 | 60,828 | 82,113 | 7,991 | -263,167 | -165,035 |
Other assets | |||||||||||
15,125 | 64,174 | -55,099 | 45,721 | 175,150 | 46,249 | 38,190 | -26,014 | -182,471 | -970,305 | -211,561 | -226,526 |
Accounts payable, accrued and other liabilities | |||||||||||
140,984 | -101,400 | 65,687 | 75,257 | -23,898 | -38,646 | -10,227 | 20,802 | -189,435 | -187,512 | -300,073 | -464,790 |
Income taxes receivable | |||||||||||
- | - | - | - | - | - | - | - | - | - | 552,794 | 110,406 |
Income tax liabilities | |||||||||||
- | - | - | - | - | - | - | -4,448 | -91,095 | -66,513 | 82,664 | 3,857 |
Net cash provided by (used in) operating activities | |||||||||||
1,077,545 | 1,449,747 | 663,080 | 68,270 | -337,590 | 307,881 | 881,136 | 760,140 | 17,279 | 592,124 | 729,355 | 1,220,392 |
Cash flows from investing activities: | |||||||||||
Net change in loans held for investment | |||||||||||
- | - | - | - | - | - | 12,265 | -836 | -325 | -12,603 | -8,802 | -5,462 |
Cash acquired with merger, net of cash used | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,748,742 | - |
Change in restricted cash related to letters of credit | |||||||||||
- | - | - | - | - | - | 4,152 | -28,653 | 83,199 | 0 | 0 | - |
Proceeds from the sale of property and equipment | |||||||||||
- | - | - | - | - | - | - | 7,586 | 10,555 | 1,780 | 2,051 | 5,314 |
Capital expenditures | |||||||||||
58,119 | 59,039 | 32,051 | 39,295 | 45,440 | 48,790 | 28,899 | 13,942 | 21,238 | 15,179 | 39,252 | 18,878 |
Investments in unconsolidated entities | |||||||||||
9,515 | 1,000 | 23,037 | 14,539 | 454 | 9 | - | 16,456 | 4,603 | 22,890 | 35,144 | 54,619 |
Distributions from unconsolidated entities | |||||||||||
- | - | - | - | - | - | - | 3,029 | 4,531 | 4,231 | 8,612 | 6,777 |
Business acquisition | |||||||||||
163,724 | 0 | 0 | 430,458 | 0 | 82,419 | 0 | 0 | - | - | - | - |
Other investing activities, net | |||||||||||
-5,129 | -18,097 | -4,846 | -13,100 | -11,330 | -8,605 | 661 | - | - | - | - | - |
Net cash provided by (used in) investing activities | |||||||||||
-226,229 | -41,942 | -50,242 | -471,192 | -34,564 | -122,613 | -45,977 | 9,706 | -93,629 | -19,455 | 1,693,811 | -55,944 |
Cash flows from financing activities: | |||||||||||
Payments of Debt Issuance Costs | |||||||||||
0 | 8,164 | 0 | - | - | - | - | - | - | - | 3,058 | 5,687 |
Debt issuance costs | |||||||||||
- | - | 0 | 1,995,937 | 498,087 | 0 | 0 | -618,800 | - | - | - | - |
Repayments of notes payable | |||||||||||
309,985 | 82,775 | 134,747 | 986,919 | 239,193 | 250,631 | 479,827 | - | - | - | - | - |
Borrowings under revolving credit facility | |||||||||||
0 | 1,566,000 | 2,720,000 | 619,000 | 125,000 | 0 | 0 | - | - | - | - | - |
Repayments under revolving credit facility | |||||||||||
0 | 1,566,000 | 2,720,000 | 619,000 | 125,000 | 0 | 0 | - | - | - | - | - |
Financial Services borrowings (repayments) | |||||||||||
-21,841 | -89,393 | 106,183 | 63,744 | 127,636 | 34,577 | -33,131 | 138,795 | 0 | -18,394 | -219,166 | -203,051 |
Other borrowings (repayments) | |||||||||||
- | - | - | - | - | - | - | - | 321,133 | 935,917 | 2,005,205 | 317,080 |
Stock option exercises | |||||||||||
6,399 | 6,555 | 27,720 | 5,845 | 10,535 | 15,627 | 19,411 | 32,809 | 0 | 8,668 | 4,782 | 4,543 |
Payments for Repurchase of Common Stock | |||||||||||
274,333 | 294,566 | 910,331 | 603,206 | 442,738 | 253,019 | 127,661 | 961 | 2,836 | 4,023 | 7,384 | 5,260 |
Cash paid for shares withheld for taxes | |||||||||||
11,450 | 7,910 | 5,995 | - | - | - | - | - | - | - | - | - |
Dividends paid | |||||||||||
122,350 | 104,020 | 112,748 | 124,666 | 115,958 | 75,646 | 38,382 | 0 | 0 | - | - | 41,119 |
Net cash provided by (used in) financing activities | |||||||||||
-733,560 | -580,273 | -1,029,918 | 350,735 | -161,631 | -529,092 | -659,590 | -448,157 | -323,969 | -949,666 | -2,230,031 | -567,654 |
Net increase (decrease) in cash, cash equivalents, and restricted cash | |||||||||||
117,756 | 827,532 | -417,080 | -52,187 | -533,785 | -343,824 | 175,569 | 321,689 | -400,319 | -376,997 | 193,135 | 594,953 |
Effect of exchange rate changes on cash and equivalents | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -1,841 |
Supplemental Cash Flow Information: | |||||||||||
Interest paid (capitalized), net | |||||||||||
5,605 | 557 | -942 | -26,538 | -4,193 | -4,561 | -171 | -1,470 | -9,623 | 18,367 | 42,362 | 10,002 |
Income taxes paid (refunded), net | |||||||||||
137,119 | 89,204 | 14,875 | 2,743 | -5,654 | 1,030 | 373 | -13,322 | -62,167 | -941,283 | -357,190 | -194,666 |