Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosures of Cash Flow Information (Tables)

v3.22.4
Supplemental Disclosures of Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2022
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
The following table presents certain supplemental cash flow information:
Year Ended December 31,
2022 2021 2020
(dollars in thousands)
Supplemental disclosures of cash flow information
Interest paid, net of amounts capitalized $ —  $ 32  $ 15 
Income taxes paid $ 40,367  $ 7,575  $ 7,309 
 
Supplemental disclosures of non-cash investing and financing activities
Transfer of deferred tax asset to Landsea Holdings $ —  $ 11,785  $ — 
Conversion of deferred offering costs to additional paid-in-capital $ —  $ 9,229  $ — 
Right-of-use assets obtained in exchange for operating lease liabilities for new or modified operating leases $ 7,380  $ 6,688  $ 1,053 
Distribution of real estate joint venture to Landsea Holdings, net of cash provided $ —  $ —  $ 27,294 
Business acquisition holdback $ —  $ —  $ 2,000 
 
Cash, cash equivalents, and restricted cash reconciliation
Cash and cash equivalents $ 123,634  $ 342,810  $ 105,778 
Restricted cash —  443  4,270 
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 123,634  $ 343,253  $ 110,048