$LEGH
Legacy Housing Corp Stock $legh

$legh Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-K Financial Statement

#000155837022011928 Filed on August 03, 2022

Income Statement

Concept	2022 Q1	2021 Q4	2021
Revenue	$59.93M	$52.51M	$197.5M
YoY Change	50.05%	7.82%	11.76%
Cost Of Revenue	$33.73M	$28.03M	$114.1M
YoY Change	40.39%	-10.57%	3.94%
Gross Profit	$26.20M	$24.48M	$83.46M
YoY Change	64.62%	40.94%	24.56%
Gross Profit Margin	43.72%	46.63%	42.26%
Selling, General & Admin	$7.659M	$8.301M	$23.31M
YoY Change	59.8%	70.45%	22.23%
% of Gross Profit	29.23%	33.91%	27.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$430.0K	$430.0K	$1.587M
YoY Change	18.78%	26.47%	30.94%
% of Gross Profit	1.64%	1.76%	1.9%
Operating Expenses	$7.659M	$8.538M	$23.31M
YoY Change	59.8%	99.95%	22.23%
Operating Profit	$18.27M	$15.94M	$58.92M
YoY Change	71.36%	21.71%	23.78%
Interest Expense	$56.00K	$770.0K	$887.0K
YoY Change	-75.22%	-3950.0%	-15.76%
% of Operating Profit	0.31%	4.83%	1.51%
Other Income/Expense, Net	$1.383M	$149.0K	$1.711M
YoY Change	511.95%	6.43%	39.67%
Pretax Income	$19.65M	$16.86M	$60.63M
YoY Change	80.51%	27.56%	24.18%
Income Tax	$3.558M	$3.175M	$10.76M
% Of Pretax Income	18.11%	18.83%	17.74%
Net Earnings	$16.09M	$13.69M	$49.87M
YoY Change	78.34%	30.49%	31.26%
Net Earnings / Revenue	26.85%	26.07%	25.25%
Basic Earnings Per Share	$0.66		$2.06
Diluted Earnings Per Share	$0.65	$564.1K	$2.05
COMMON SHARES
Basic Shares Outstanding	24.41M	24.21M	24.20M
Diluted Shares Outstanding	24.66M		24.28M

Balance Sheet

Concept	2022 Q1	2021 Q4	2021
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.528M	$1.042M	$1.042M
YoY Change	5.33%	30.25%	30.25%
Cash & Equivalents	$2.528M	$1.042M	$1.042M
Short-Term Investments
Other Short-Term Assets	$4.067M	$4.456M	$4.456M
YoY Change	12.97%	39.25%	39.25%
Inventory	$47.78M	$41.23M	$41.23M
Prepaid Expenses
Receivables	$6.928M	$8.614M	$8.614M
Other Receivables	$47.79M	$37.20M	$37.20M
Total Short-Term Assets	$109.1M	$92.54M	$92.54M
YoY Change	79.29%	69.39%	68.26%
LONG-TERM ASSETS
Property, Plant & Equipment	$28.02M	$27.52M	$27.52M
YoY Change	16.39%	21.67%	21.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.480M	$10.52M	$13.19M
YoY Change	-83.17%	14.08%	-24.61%
Total Long-Term Assets	$281.6M	$274.1M	$274.1M
YoY Change	-4.9%	-3.47%	-3.34%
TOTAL ASSETS
Total Short-Term Assets	$109.1M	$92.54M	$92.54M
Total Long-Term Assets	$281.6M	$274.1M	$274.1M
Total Assets	$390.7M	$366.7M	$366.7M
YoY Change	9.46%	8.28%	8.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.381M	$4.155M	$4.155M
YoY Change	-21.66%	-59.25%	-59.26%
Accrued Expenses	$20.00M	$20.69M	$10.48M
YoY Change	46.22%	39.21%	24.73%
Deferred Revenue	$8.617M	$7.749M
YoY Change	67.32%	114.06%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$45.79M	$41.94M	$41.94M
YoY Change	26.27%	15.2%	15.22%
LONG-TERM LIABILITIES
Long-Term Debt	$5.077M	$7.993M	$7.993M
YoY Change	-88.79%	-77.92%	-77.92%
Other Long-Term Liabilities	$7.303M	$4.336M	$4.336M
YoY Change	43.2%	-11.51%	-11.51%
Total Long-Term Liabilities	$12.38M	$12.33M	$12.33M
YoY Change	-75.44%	-70.0%	-70.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$45.79M	$41.94M	$41.94M
Total Long-Term Liabilities	$12.38M	$12.33M	$12.33M
Total Liabilities	$61.17M	$57.27M	$57.27M
YoY Change	-31.0%	-27.89%	-27.87%
SHAREHOLDERS EQUITY
Retained Earnings	$154.3M	$138.2M
YoY Change	58.47%	56.45%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.477M	$4.477M
YoY Change	0.0%	0.0%
Treasury Stock Shares	$445.1K	$445.1K
Shareholders Equity	$329.5M	$309.4M	$309.4M
YoY Change
Total Liabilities & Shareholders Equity	$390.7M	$366.7M	$366.7M
YoY Change	9.46%	8.28%	8.29%

Cashflow Statement

Concept	2022 Q1	2021 Q4	2021
OPERATING ACTIVITIES
Net Income	$16.09M	$13.69M	$49.87M
YoY Change	78.34%	30.49%	31.26%
Depreciation, Depletion And Amortization	$430.0K	$430.0K	$1.587M
YoY Change	18.78%	26.47%	30.94%
Cash From Operating Activities	-$1.057M	$10.07M	$60.30M
YoY Change	-37.53%	59.59%	-3380.52%
INVESTING ACTIVITIES
Capital Expenditures	$863.0K	-$1.356M	$5.952M
YoY Change	-49.74%	96.52%	109.21%
Acquisitions
YoY Change
Other Investing Activities	$3.617M	-$8.238M	-$25.99M
YoY Change	-182.02%	-576.18%	-20092.31%
Cash From Investing Activities	$2.754M	-$9.594M	-$31.94M
YoY Change	-144.95%	-1031.46%	1075.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-211.0K	-287.0K	-28.08M
YoY Change	-102.23%	-96.51%	-880.0%
NET CHANGE
Cash From Operating Activities	-1.057M	10.07M	60.30M
Cash From Investing Activities	2.754M	-9.594M	-31.94M
Cash From Financing Activities	-211.0K	-287.0K	-28.08M
Net Change In Cash	1.486M	189.0K	274.0K
YoY Change	-9.39%	-121.48%	-128.66%
FREE CASH FLOW
Cash From Operating Activities	-$1.057M	$10.07M	$60.30M
Capital Expenditures	$863.0K	-$1.356M	$5.952M
Free Cash Flow	-$1.920M	$11.43M	$54.34M
YoY Change	-43.68%	63.23%	-1260.45%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2020Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2021	dei	Entity Central Index Key EntityCentralIndexKey	0001436208
CY2021	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021	dei	Entity Address Address Line2 EntityAddressAddressLine2	#100
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	7749000
CY2021	dei	Entity Address City Or Town EntityAddressCityOrTown	Bedford
CY2021	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2021	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	76022
CY2021	dei	City Area Code CityAreaCode	817
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4155000
CY2021	legh	Provision For Long Term Inventory ProvisionForLongTermInventory	-188000
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3536000
CY2020	legh	Provision For Long Term Inventory ProvisionForLongTermInventory	620000
CY2021Q4	legh	Consumer Loans Current ConsumerLoansCurrent	6080000
CY2021	legh	Gain Loss On Sale Of Leased Property GainLossOnSaleOfLeasedProperty	98000
CY2020Q4	legh	Consumer Loans Current ConsumerLoansCurrent	5348000
CY2021	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	725000
CY2020	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	819000
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1033000
CY2020Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3620000
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	205000
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	230000
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	226000
CY2021Q4	legh	Escrow Liability Current EscrowLiabilityCurrent	9350000
CY2020	legh	Gain On Sale Of Land GainOnSaleOfLand	66000
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5325000
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1481000
CY2020Q4	legh	Escrow Liability Current EscrowLiabilityCurrent	7729000
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	7840000
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	6728000
CY2020	legh	Noncash Note Receivable Exchanged Of Asset NoncashNoteReceivableExchangedOfAsset	290000
CY2021Q4	us-gaap	Inventory Net InventoryNet	41230000
CY2020	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	1308000
CY2020Q4	us-gaap	Inventory Net InventoryNet	27224000
CY2021	dei	Local Phone Number LocalPhoneNumber	799-4900
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4456000
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3234000
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	41940000
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	36406000
CY2021Q4	us-gaap	Assets Current AssetsCurrent	92541000
CY2021	dei	Security12b Title Security12bTitle	Common Stock ($0.001 par value)
CY2020Q4	us-gaap	Assets Current AssetsCurrent	54632000
CY2021	dei	Trading Symbol TradingSymbol	LEGH
CY2021	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2021	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2021	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2021	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q4	legh	Escrow Liability Noncurrent EscrowLiabilityNoncurrent	9350000
CY2021	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2021	dei	Entity Small Business EntitySmallBusiness	true
CY2021	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2021	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2021	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2021	dei	Entity Shell Company EntityShellCompany	false
CY2021Q2	dei	Entity Public Float EntityPublicFloat	133405746
CY2022Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	24406020
CY2021	dei	Auditor Firm AuditorFirmId	410
CY2021	dei	Auditor Name AuditorName	Weaver, LLP
CY2021	dei	Auditor Location AuditorLocation	Dallas, Texas
CY2020	dei	Auditor Firm AuditorFirmId	686
CY2020	dei	Auditor Name AuditorName	BKD, LLP
CY2020	dei	Auditor Location AuditorLocation	Dallas, Texas
CY2021Q4	legh	Consumer Loans Noncurrent ConsumerLoansNoncurrent	119543000
CY2020Q4	legh	Consumer Loans Noncurrent ConsumerLoansNoncurrent	106572000
CY2021Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	7993000
CY2020Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	36174000
CY2021Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	3004000
CY2021Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	92943000
CY2020Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	123872000
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1042000
CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1971000
CY2021	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2021	dei	Amendment Flag AmendmentFlag	false
CY2020Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2020Q4	legh	Escrow Liability Noncurrent EscrowLiabilityNoncurrent	7729000
CY2021Q4	legh	Other Notes Loans And Financing Receivable Net Noncurrent OtherNotesLoansAndFinancingReceivableNetNoncurrent	20930000
CY2021	legh	Components Of Allowance For Loan Losses ComponentsOfAllowanceForLoanLosses	2
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Noncurrent AccountsPayableAndAccruedLiabilitiesNoncurrent	630000
CY2020Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	445065
CY2020Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	legh	Dealer Incentive Liability Noncurrent DealerIncentiveLiabilityNoncurrent	4336000
CY2020Q4	legh	Dealer Incentive Liability Noncurrent DealerIncentiveLiabilityNoncurrent	4242000
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2020Q4	legh	Other Notes Loans And Financing Receivable Net Noncurrent OtherNotesLoansAndFinancingReceivableNetNoncurrent	13050000
CY2021Q4	us-gaap	Liabilities Liabilities	57273000
CY2020Q4	us-gaap	Liabilities Liabilities	79423000
CY2021	dei	Document Type DocumentType	10-K
CY2021	dei	Document Annual Report DocumentAnnualReport	true
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	768000
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8614000
CY2021	dei	Document Period End Date DocumentPeriodEndDate	2021-12-31
CY2021	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021	dei	Document Transition Report DocumentTransitionReport	false
CY2021	dei	Entity File Number EntityFileNumber	001-38761
CY2021	dei	Entity Registrant Name EntityRegistrantName	Legacy Housing Corporation
CY2021	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	TX
CY2021Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	2678000
CY2021	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	20-2897516
CY2021	dei	Entity Address Address Line1 EntityAddressAddressLine1	1600 Airport Freeway
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	88352000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	309394000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	259193000
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	366667000
CY2020Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	8656000
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	338616000
CY2020Q4	us-gaap	Litigation Reserve Current LitigationReserveCurrent	899000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	165995000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	147502000
CY2021	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	27195000
CY2020	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	25360000
CY2021	us-gaap	Other Income OtherIncome	4317000
CY2020	us-gaap	Other Income OtherIncome	3862000
CY2021	us-gaap	Revenues Revenues	197507000
CY2020	us-gaap	Revenues Revenues	176724000
CY2021	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	114050000
CY2020	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	109723000
CY2021	legh	General Reserve Calculation Period Of Historical Loss Rate Considered GeneralReserveCalculationPeriodOfHistoricalLossRateConsidered	P3Y
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	23306000
CY2020	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	19068000
CY2021	legh	Dealer Incentive Expense DealerIncentiveExpense	1235000
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10516000
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9218000
CY2020Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2020	legh	Dealer Incentive Expense DealerIncentiveExpense	336000
CY2021Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	1239000
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	58916000
CY2020	us-gaap	Operating Income Loss OperatingIncomeLoss	47597000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	27516000
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	22616000
CY2021	us-gaap	Investment Income Interest InvestmentIncomeInterest	2095000
CY2020	us-gaap	Investment Income Interest InvestmentIncomeInterest	915000
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	503000
CY2020	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	288000
CY2020	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	1075000
CY2021	us-gaap	Interest Expense InterestExpense	887000
CY2020	us-gaap	Interest Expense InterestExpense	1053000
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1711000
CY2020	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1225000
CY2021Q4	legh	Accrued Payroll Liability Current AccruedPayrollLiabilityCurrent	1685000
CY2021Q4	us-gaap	Assets Assets	366667000
CY2020Q4	us-gaap	Assets Assets	338616000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	60627000
CY2020Q4	legh	Accrued Payroll Liability Current AccruedPayrollLiabilityCurrent	2428000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	48822000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10756000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10827000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	49871000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	37995000
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24204437
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24226128
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24275989
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24236395
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000
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CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24654621
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24639125
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24209556
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24194060
CY2020Q4	legh	Other Notes Loans And Financing Receivable Net Current OtherNotesLoansAndFinancingReceivableNetCurrent	2054000
CY2021Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	25000
CY2020Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	25000
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	445065
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4477000
CY2020Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4477000
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	175623000
CY2021Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	10049000
CY2020Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	12468000
CY2021Q4	legh	Other Notes Loans And Financing Receivable Net Current OtherNotesLoansAndFinancingReceivableNetCurrent	21070000
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	10197000
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	20686000
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14860000
CY2021	legh	Increase Decrease In Consumer Loans Originations IncreaseDecreaseInConsumerLoansOriginations	25998000
CY2020	legh	Increase Decrease In Consumer Loans Originations IncreaseDecreaseInConsumerLoansOriginations	19247000
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	175293000
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	138223000
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.06
CY2020Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	1603000
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.57
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.05
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.57
CY2021	legh	Increase Decrease In Consumer Loans Principal Collections IncreaseDecreaseInConsumerLoansPrincipalCollections	10473000
CY2020	legh	Increase Decrease In Consumer Loans Principal Collections IncreaseDecreaseInConsumerLoansPrincipalCollections	11196000
CY2021	legh	Increase Decrease In Notes Receivable Originations IncreaseDecreaseInNotesReceivableOriginations	46230000
CY2020	legh	Increase Decrease In Notes Receivable Originations IncreaseDecreaseInNotesReceivableOriginations	68349000
CY2020	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	2053000
CY2021	legh	Increase Decrease In Notes Receivable Principal Collections IncreaseDecreaseInNotesReceivablePrincipalCollections	78957000
CY2020	legh	Increase Decrease In Notes Receivable Principal Collections IncreaseDecreaseInNotesReceivablePrincipalCollections	23529000
CY2021	legh	Net Increase Decrease Of Escrow Liability NetIncreaseDecreaseOfEscrowLiability	1621000
CY2020	legh	Net Increase Decrease Of Escrow Liability NetIncreaseDecreaseOfEscrowLiability	199000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	222389000
CY2020	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	226000
CY2020	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1417000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	37995000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	259193000
CY2021	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	230000
CY2021	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	100000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	49871000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	309394000
CY2021	us-gaap	Profit Loss ProfitLoss	49871000
CY2020	us-gaap	Profit Loss ProfitLoss	37995000
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1587000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1212000
CY2021	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	814000
CY2020	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-637000
CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	246000
CY2020	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	97000
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2658000
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1221000
CY2020	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1918000
CY2021	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1739000
CY2020	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5205000
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-6042000
CY2020	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	5027000
CY2021	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	4589000
CY2020	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	6682000
CY2021	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	4737000
CY2021	us-gaap	Nature Of Operations NatureOfOperations	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt;">1. NATURE OF OPERATIONS</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Legacy Housing Corporation (the “Company”) was formed on January 1, 2018 as a Delaware corporation through a corporate conversion of Legacy Housing, Ltd., (the “Partnership”) a Texas limited partnership formed in May 2005. Effective December 31, 2019, the Company reincorporated from a Delaware corporation to a Texas corporation. The Company is headquartered in Bedford, Texas.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company (1) manufactures and provides for the transport of mobile homes, (2) provides wholesale financing to dealers and mobile home parks and (3) provides retail financing to consumers and (4) is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants located in Fort Worth, Texas, Commerce, Texas and Eatonton, Georgia. The Company relies on a network of dealers to market and sell its mobile homes. The Company also sells homes directly to dealers and mobile home parks. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">In December 2018, the Company sold 4,000,000 shares of its common stock through an initial public offering (“IPO”) at $12.00 per share. Proceeds from the IPO, net of $4,504 of underwriting discounts and offering expenses paid by the Company, were $43,492. In January 2019, the Company sold an additional 600,000 shares of its common stock as part of the IPO at $12.00 per share. Proceeds from the January 2019 issuance, net of $505 of underwriting discounts and offering expenses paid by the Company, were $6,695.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">On April 17, 2019, the Company purchased 300,000 shares of its common stock at the price of $10.20 per share, pursuant to the Company’s repurchase program. During the year ended December 31, 2020, the Company purchased 145,065 shares of its common stock at an average price of $9.77 per share, pursuant to the Company’s repurchase program. Under the repurchase program, the Company may purchase up to $10,000 of its common stock. Share purchases may be made from time to time in the open market or through privately negotiated transactions depending on market conditions, share price, trading volume and other factors. Such purchases, if any, will be made in accordance with applicable insider trading and other securities laws and regulations. These repurchases may be commenced or suspended at any time or from time to time without prior notice.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">Corporate Conversion</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Effective January 1, 2018, the Partnership converted into a Delaware corporation pursuant to a statutory conversion and changed its name to Legacy Housing Corporation. In order to consummate the corporate conversion completed on January 1, 2018, a certificate of conversion was filed with the Secretary of State of the State of Delaware and with the Secretary of State of the State of Texas. Holders of partnership interests in Legacy Housing, Ltd. received an initial allocation, on a proportional basis, of 20,000,000 shares of common stock of Legacy Housing Corporation. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Following the corporate conversion, Legacy Housing Corporation continues to hold all property and assets of Legacy Housing, Ltd. and all of the debts and obligations of Legacy Housing, Ltd. On the effective date of the corporate conversion, the officers of Legacy Housing, Ltd. became the officers of Legacy Housing Corporation. As a result of the corporate conversion, The Company is now a federal corporate taxpayer.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;text-align:justify;margin:0pt 0pt 10pt 0pt;"><b style="font-style:normal;font-weight:bold;">Basis of Presentation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain amounts in the prior period financial statements have been reclassified to conform to the presentation of the current period financial statements. These reclassifications had no effect on the previously reported net income.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;text-align:justify;margin:0pt 0pt 10pt 0pt;"><b style="font-style:normal;font-weight:bold;">Use of Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The preparation of our financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of income and expenses during the reporting period. Material estimates that are susceptible to significant change in the near term primarily relate to the determination of accounts receivable, loans to mobile home parks, consumer loans and notes receivable, inventory obsolescence, income taxes, fair value of financial instruments and contingent liabilities. Actual results could differ from these estimates.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">Segment Reporting</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company has one reportable segment. All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, the sale of manufactured homes is done through wholesale and retail operations that include providing transportation and consignment arrangements with dealers. The Company also provides financing options to the customers to facilitate such sale of homes. In addition, the sale of homes is directly related to financing provided by the Company. Accordingly, all significant operating and strategic decisions by the chief operating decision-maker, the Executive Chairman of the Board, are based upon analyses of the Company as one segment or unit. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="font-size:1pt;margin-bottom:12pt;visibility:hidden;"></span></p>
CY2021	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	1790000
CY2019Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	300000
CY2019Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	10.20
CY2021	legh	Increase Decrease In Dealer Incentive Liabilities IncreaseDecreaseInDealerIncentiveLiabilities	94000
CY2020	legh	Increase Decrease In Dealer Incentive Liabilities IncreaseDecreaseInDealerIncentiveLiabilities	-1289000
CY2020	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	145065
CY2020	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	9.77
CY2021Q4	legh	Portfolio Taxes And Title PortfolioTaxesAndTitle	2467000
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	60296000
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1838000
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5952000
CY2020	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2845000
CY2020	us-gaap	Proceeds From Sale Of Land Held For Use ProceedsFromSaleOfLandHeldForUse	30000
CY2021	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	36806000
CY2020	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	5082000
CY2021	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	9026000
CY2020	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	4358000
CY2020	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	487000
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-31942000
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2718000
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	100000
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1417000
CY2020	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	6546000
CY2020	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	6546000
CY2021	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	96088000
CY2020	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	67698000
CY2021	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	124268000
CY2020	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	62681000
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-28080000
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3600000
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	274000
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-956000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	768000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1724000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1042000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	768000
CY2021	us-gaap	Interest Paid Net InterestPaidNet	873000
CY2020	us-gaap	Interest Paid Net InterestPaidNet	985000
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	8195000
CY2020Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000
CY2018Q1	legh	Stock Issued Upon Incorporation Shares StockIssuedUponIncorporationShares	20000000
CY2020Q4	legh	Portfolio Taxes And Title PortfolioTaxesAndTitle	2060000
CY2021Q4	legh	Consumer Loans Receivable Average Contractual Interest Rate ConsumerLoansReceivableAverageContractualInterestRate	0.135
CY2021Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	546000
CY2020Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	401000
CY2020Q4	legh	Consumer Loans Receivable Average Contractual Interest Rate ConsumerLoansReceivableAverageContractualInterestRate	0.138
CY2021Q4	legh	Accrued Dealer Debates Current AccruedDealerDebatesCurrent	1160000
CY2020Q4	legh	Accrued Dealer Debates Current AccruedDealerDebatesCurrent	215000
CY2021	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;text-align:justify;margin:0pt 0pt 10pt 0pt;"><b style="font-style:normal;font-weight:bold;">Use of Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The preparation of our financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of income and expenses during the reporting period. Material estimates that are susceptible to significant change in the near term primarily relate to the determination of accounts receivable, loans to mobile home parks, consumer loans and notes receivable, inventory obsolescence, income taxes, fair value of financial instruments and contingent liabilities. Actual results could differ from these estimates.</span></p>
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1
CY2021Q4	legh	Number Of Banks Holding Cash In Excess Of Fdic Limit NumberOfBanksHoldingCashInExcessOfFdicLimit	1
CY2021Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	490000
CY2021	legh	Accounts Receivables Credit Period AccountsReceivablesCreditPeriod	P30D
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	343000
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	97000
CY2021Q4	us-gaap	Foreclosed Assets ForeclosedAssets	517000
CY2020Q4	us-gaap	Foreclosed Assets ForeclosedAssets	1395000
CY2021Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	310000
CY2021Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	2876000
CY2020Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	2594000
CY2020Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	683000
CY2021Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	7445000
CY2021Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	2678000
CY2020Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	8656000
CY2021	us-gaap	Advertising Expense AdvertisingExpense	367000
CY2020	us-gaap	Advertising Expense AdvertisingExpense	1193000
CY2020	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0
CY2020Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	5603000
CY2021Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1433000
CY2021Q4	legh	Dealer Incentive Liability Noncurrent DealerIncentiveLiabilityNoncurrent	4336000
CY2020Q4	legh	Dealer Incentive Liability Noncurrent DealerIncentiveLiabilityNoncurrent	4242000
CY2021	legh	Dealer Incentive Expense DealerIncentiveExpense	1235000
CY2020	legh	Dealer Incentive Expense DealerIncentiveExpense	336000
CY2021	us-gaap	Guarantees Indemnifications And Warranties Policies GuaranteesIndemnificationsAndWarrantiesPolicies	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Product Warranties</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company provides retail home buyers with a one-year warranty from the date of purchase on manufactured inventory. Product warranty costs are accrued when the covered homes are sold to customers. Product warranty expense is recognized based on the terms of the product warranty and the related estimated costs. Factors used to determine the warranty liability include the number of homes under warranty and the historical costs incurred in servicing the warranties. The accrued warranty liability is reduced as costs are incurred and warranty liability balance is included as part of accrued liabilities in the Company’s balance sheet.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">A tabular presentation of the activity within the warranty liability account for the years ended December 31, 2021 and 2020 is presented below:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;"></span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:75.19%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:75.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;"> </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:10.01%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;"> </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:10.01%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2020</b></p></td></tr><tr><td style="vertical-align:bottom;width:75.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Warranty liability, beginning of period</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 2,594</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 3,078</p></td></tr><tr><td style="vertical-align:bottom;width:75.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Product warranty accrued</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 2,152</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 1,834</p></td></tr><tr><td style="vertical-align:bottom;width:75.19%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Warranty costs incurred</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"> (1,870)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"> (2,318)</p></td></tr><tr><td style="vertical-align:bottom;width:75.19%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Warranty liability, end of period</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 2,876</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.49%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:8.52%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 2,594</p></td></tr></table>
CY2021	legh	Term Of Product Warranty TermOfProductWarranty	P1Y
CY2020Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	2594000
CY2019Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	3078000
CY2021	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2152000
CY2020	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1834000
CY2021	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1870000
CY2020	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2318000
CY2021Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	1239000
CY2020Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	1603000
CY2020Q4	legh	Deferred Tax Liabilities Accrued Interest Receivable DeferredTaxLiabilitiesAccruedInterestReceivable	526000
CY2021Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	16000
CY2020Q4	legh	Loans And Leases Receivable Allowance General LoansAndLeasesReceivableAllowanceGeneral	347000
CY2020Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	607000
CY2021Q4	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	533000
CY2020Q4	us-gaap	Impaired Financing Receivable Related Allowance ImpairedFinancingReceivableRelatedAllowance	558000
CY2021	us-gaap	Revenue Practical Expedient Incremental Cost Of Obtaining Contract RevenuePracticalExpedientIncrementalCostOfObtainingContract	true
CY2021	legh	Term Of Product Warranty TermOfProductWarranty	P1Y
CY2021	legh	Dealer Commission Reimbursed Dealer Expenses And Other Similar Costs DealerCommissionReimbursedDealerExpensesAndOtherSimilarCosts	11303000
CY2020	legh	Dealer Commission Reimbursed Dealer Expenses And Other Similar Costs DealerCommissionReimbursedDealerExpensesAndOtherSimilarCosts	24165000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	165995000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	147502000
CY2021	us-gaap	Interest And Fee Income Loans Consumer InterestAndFeeIncomeLoansConsumer	16658000
CY2020	us-gaap	Interest And Fee Income Loans Consumer InterestAndFeeIncomeLoansConsumer	15979000
CY2021	us-gaap	Interest And Fee Income Loans Commercial InterestAndFeeIncomeLoansCommercial	10537000
CY2020	us-gaap	Interest And Fee Income Loans Commercial InterestAndFeeIncomeLoansCommercial	9381000
CY2021	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	27195000
CY2020	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	25360000
CY2021	us-gaap	Other Income OtherIncome	4317000
CY2020	us-gaap	Other Income OtherIncome	3862000
CY2021	us-gaap	Revenues Revenues	197507000
CY2020	us-gaap	Revenues Revenues	176724000
CY2020Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	37000
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	4385000
CY2020Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	3309000
CY2021Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	20686000
CY2020Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	15490000
CY2021Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	127880000
CY2020Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	114036000
CY2021Q4	legh	Loans And Leases Receivable Allowance General LoansAndLeasesReceivableAllowanceGeneral	351000
CY2021	legh	Shipping And Handling Costs ShippingAndHandlingCosts	1981000
CY2020	legh	Shipping And Handling Costs ShippingAndHandlingCosts	706000
CY2018Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2019Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2020Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2021Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	3004000
CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1971000
CY2021	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentrations</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject the Company to concentrations of credit risk are accounts receivable, consumer loans, MHP Notes and other notes receivable. Management believes that its credit policies are adequate to minimize potential credit risk related to accounts receivable and other notes receivable. The consumer loans are secured by the mobile homes that were financed through the loans. The MHP Notes are secured by mobile homes, other assets, and are personally guaranteed. The MHP Notes personal guarantor may cover multiple parks and each park is treated as a customer. As of December 31, 2021, the Company had concentrations of MHP Notes with two<span style="white-space:pre-wrap;"> independent third-parties and their respective affiliates that equaled </span>10.4% and 30.1% of the principal balance outstanding, all of which was secured by the mobile homes. As of December 31, 2020, the Company had concentrations of MHP Notes with one independent third-party and its affiliates that equaled 52.9% of the principal balance outstanding, all of which was secured by the mobile homes.</p>
CY2020Q4	legh	Accrued Liabilities Noncurrent AccruedLiabilitiesNoncurrent	630000
CY2021Q4	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	129119000
CY2020Q4	us-gaap	Loans And Leases Receivable Before Fees Gross LoansAndLeasesReceivableBeforeFeesGross	115639000
CY2021Q4	us-gaap	Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums	-2612000
CY2020Q4	us-gaap	Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums	-2814000
CY2021Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	884000
CY2020Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	905000
CY2021Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	125623000
CY2020Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	111920000
CY2020Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	905000
CY2019Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	913000
CY2021	legh	Provision For Loan Losses ProvisionForLoanLosses	725000
CY2020	legh	Provision For Loan Losses ProvisionForLoanLosses	819000
CY2021	us-gaap	Allowance For Loan And Lease Losses Write Offs AllowanceForLoanAndLeaseLossesWriteOffs	746000
CY2020	us-gaap	Allowance For Loan And Lease Losses Write Offs AllowanceForLoanAndLeaseLossesWriteOffs	827000
CY2021Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	884000
CY2020Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	905000
CY2021Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	129119000
CY2020Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	115639000
CY2021Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	884000
CY2020Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	905000
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	20686000
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14860000
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	10000000.0
CY2021Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	129119000
CY2021Q4	legh	Loans And Leases Receivable Gross Percent LoansAndLeasesReceivableGrossPercent	1.000
CY2020Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	115639000
CY2020Q4	legh	Loans And Leases Receivable Gross Percent LoansAndLeasesReceivableGrossPercent	1.000
CY2021	us-gaap	Depreciation Depreciation	1145000
CY2020	us-gaap	Depreciation Depreciation	1013000
CY2020Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	2594000
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	9700000
CY2021Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	15431000
CY2020Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	12713000
CY2021Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	714000
CY2020Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	412000
CY2021Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	28195000
CY2020Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	23375000
CY2021Q4	legh	Inventory Allowance For Obsolescence InventoryAllowanceForObsolescence	432000
CY2020Q4	legh	Inventory Allowance For Obsolescence InventoryAllowanceForObsolescence	620000
CY2021Q4	legh	Inventory Net Current And Noncurrent InventoryNetCurrentAndNoncurrent	43908000
CY2020Q4	legh	Inventory Net Current And Noncurrent InventoryNetCurrentAndNoncurrent	35880000
CY2021Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	2678000
CY2020Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	8656000
CY2021Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	2764000
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	35709000
CY2020Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	29757000
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	8193000
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7141000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	27516000
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	22616000
CY2020Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	899000
CY2021Q4	us-gaap	Litigation Reserve Current LitigationReserveCurrent	2764000
CY2021Q4	us-gaap	Capital Leases Balance Sheet Assets By Major Class Net CapitalLeasesBalanceSheetAssetsByMajorClassNet	9419000
CY2020Q4	us-gaap	Capital Leases Balance Sheet Assets By Major Class Net CapitalLeasesBalanceSheetAssetsByMajorClassNet	7218000
CY2021Q4	us-gaap	Prepaid Rent PrepaidRent	248000
CY2020Q4	us-gaap	Prepaid Rent PrepaidRent	274000
CY2021Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	332000
CY2020Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	331000
CY2021Q4	us-gaap	Foreclosed Assets ForeclosedAssets	517000
CY2020Q4	us-gaap	Foreclosed Assets ForeclosedAssets	1395000
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10516000
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9218000
CY2021	legh	Depreciation Leased Property DepreciationLeasedProperty	442000
CY2020	legh	Depreciation Leased Property DepreciationLeasedProperty	199000
CY2021Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	2876000
CY2020Q4	legh	Deferred Tax Assets Uniform Capitalization DeferredTaxAssetsUniformCapitalization	45000
CY2021Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	1381000
CY2020Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	1338000
CY2021Q4	legh	Deferred Tax Liabilities Installment Sale Revenue DeferredTaxLiabilitiesInstallmentSaleRevenue	853000
CY2020Q4	legh	Deferred Tax Liabilities Installment Sale Revenue DeferredTaxLiabilitiesInstallmentSaleRevenue	1006000
CY2021	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	8443000
CY2020	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	8885000
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1280000
CY2020	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1737000
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	9723000
CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	10622000
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	934000
CY2020	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	189000
CY2021	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	99000
CY2020	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	16000
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1033000
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	205000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10756000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10827000
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.019
CY2020	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.028
CY2021	legh	Effective Income Tax Rate Reconciliation Energy Efficient Credit Percent EffectiveIncomeTaxRateReconciliationEnergyEfficientCreditPercent	0.052
CY2020	legh	Effective Income Tax Rate Reconciliation Energy Efficient Credit Percent EffectiveIncomeTaxRateReconciliationEnergyEfficientCreditPercent	0.023
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.007
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.177
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.222
CY2021Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	2998000
CY2020Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	1740000
CY2021Q4	legh	Deferred Tax Liabilities Accrued Interest Receivable DeferredTaxLiabilitiesAccruedInterestReceivable	518000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	486000
CY2020Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	599000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	636000
CY2020Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	134000
CY2021Q4	us-gaap	Deferred Tax Assets State Taxes DeferredTaxAssetsStateTaxes	44000
CY2020Q4	us-gaap	Deferred Tax Assets State Taxes DeferredTaxAssetsStateTaxes	263000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	157000
CY2020Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	297000
CY2021Q4	legh	Deferred Tax Assets Uniform Capitalization DeferredTaxAssetsUniformCapitalization	58000
CY2021Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	373000
CY2020Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	110000
CY2021Q4	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P10Y
CY2021	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	698000
CY2020	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	602000
CY2021	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	394000
CY2020	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	343000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	632000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	583000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	483000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	447000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	384000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	385000
CY2021Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	2914000
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	49871000
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	37995000
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24204437
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24226128
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24275989
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24236395
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.06
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.57
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.05
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.57
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0
CY2020	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	35935

Files In Submission

Name	View Source	Status
0001558370-22-011928-index-headers.html	Edgar Link	pending
0001558370-22-011928-index.html	Edgar Link	pending
0001558370-22-011928.txt	Edgar Link	pending
0001558370-22-011928-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
legh-20211231.xsd	Edgar Link	pending
legh-20211231x10k.htm	Edgar Link	pending
legh-20211231x10k001.jpg	Edgar Link	pending
legh-20211231x10k003.jpg	Edgar Link	pending
legh-20211231x10k005.jpg	Edgar Link	pending
legh-20211231x10k007.jpg	Edgar Link	pending
legh-20211231x10k_htm.xml	Edgar Link	completed
legh-20211231xex31d1.htm	Edgar Link	pending
legh-20211231xex31d2.htm	Edgar Link	pending
legh-20211231xex32d1.htm	Edgar Link	pending
legh-20211231xex32d2.htm	Edgar Link	pending
legh-20211231xex4d2.htm	Edgar Link	pending
legh-20211231_cal.xml	Edgar Link	unprocessable
legh-20211231_def.xml	Edgar Link	unprocessable
legh-20211231_lab.xml	Edgar Link	unprocessable
legh-20211231_pre.xml	Edgar Link	unprocessable
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LEGH
Legacy Housing Corp Stock $legh

2022 Q1 Form 10-K Financial Statement

#000155837022011928 Filed on August 03, 2022

Income Statement

Balance Sheet

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Facts In Submission

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$LEGH Legacy Housing Corp Stock $legh

2022 Q1 Form 10-K Financial Statement

#000155837022011928 Filed on August 03, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LEGH
Legacy Housing Corp Stock $legh