$LGIH
LGI Homes, Inc. Stock $lgih

$lgih Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000158067019000057 Filed on May 07, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$287.6M	$279.0M
YoY Change	3.07%	71.27%
Cost Of Revenue	$221.3M	$209.8M
YoY Change	5.49%	75.66%
Gross Profit	$66.30M	$69.26M
YoY Change	-4.27%	59.22%
Gross Profit Margin	23.05%	24.82%
Selling, General & Admin	$45.23M	$38.39M
YoY Change	17.82%	40.25%
% of Gross Profit	68.21%	55.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$165.0K	$180.0K
YoY Change	-8.33%	-14.69%
% of Gross Profit	0.25%	0.26%
Operating Expenses	$45.23M	$38.39M
YoY Change	17.82%	40.25%
Operating Profit	$21.08M	$30.87M
YoY Change	-31.73%	91.42%
Interest Expense	$0.00	$0.00
YoY Change
% of Operating Profit	0.0%	0.0%
Other Income/Expense, Net	$600.0K	$400.0K
YoY Change	50.0%	-42.86%
Pretax Income	$21.69M	$31.23M
YoY Change	-30.53%	85.41%
Income Tax	$3.360M	$3.925M
% Of Pretax Income	15.49%	12.57%
Net Earnings	$18.33M	$27.30M
YoY Change	-32.85%	131.77%
Net Earnings / Revenue	6.37%	9.78%
Basic Earnings Per Share	$0.81	$1.23
Diluted Earnings Per Share	$0.73	$1.10
COMMON SHARES
Basic Shares Outstanding	22.74M shares	22.19M shares
Diluted Shares Outstanding	25.09M shares	24.77M shares

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$35.10M	$52.00M
YoY Change	-32.5%	64.56%
Cash & Equivalents	$35.08M	$52.02M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.291B	$1.040B
Prepaid Expenses
Receivables	$32.00M	$21.70M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.358B	$1.114B
YoY Change	21.89%	33.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.478M	$1.647M
YoY Change	-10.26%	-15.41%
Goodwill	$12.02M	$12.02M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$44.80M	$25.80M
YoY Change	73.64%	122.41%
Total Long-Term Assets	$78.20M	$56.75M
YoY Change	37.79%	89.02%
TOTAL ASSETS
Total Short-Term Assets	$1.358B	$1.114B
Total Long-Term Assets	$78.20M	$56.75M
Total Assets	$1.436B	$1.171B
YoY Change	22.66%	34.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.70M	$25.70M
YoY Change	-42.8%	29.15%
Accrued Expenses	$49.20M	$37.20M
YoY Change	32.26%	14.81%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$76.10M	$71.60M
YoY Change	6.28%	16.61%
LONG-TERM LIABILITIES
Long-Term Debt	$676.1M	$571.7M
YoY Change	18.26%	34.14%
Other Long-Term Liabilities	$7.100M	$8.600M
YoY Change	-17.44%	50.88%
Total Long-Term Liabilities	$683.2M	$580.3M
YoY Change	17.73%	34.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$76.10M	$71.60M
Total Long-Term Liabilities	$683.2M	$580.3M
Total Liabilities	$759.3M	$651.9M
YoY Change	16.46%	31.87%
SHAREHOLDERS EQUITY
Retained Earnings	$450.1M	$303.8M
YoY Change	48.16%	73.63%
Common Stock	$239.0K	$236.0K
YoY Change	1.27%	4.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$18.06M	$16.55M
YoY Change	9.1%	0.0%
Treasury Stock Shares	1.039M shares	1.000M shares
Shareholders Equity	$676.9M	$518.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.436B	$1.171B
YoY Change	22.66%	34.95%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	$18.33M	$27.30M
YoY Change	-32.85%	131.77%
Depreciation, Depletion And Amortization	$165.0K	$180.0K
YoY Change	-8.33%	-14.69%
Cash From Operating Activities	-$33.18M	-$110.9M
YoY Change	-70.09%	135.09%
INVESTING ACTIVITIES
Capital Expenditures	-$200.0K	-$200.0K
YoY Change	0.0%	0.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$211.0K	-$153.0K
YoY Change	37.91%	-10.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$649.0K	$700.0K
YoY Change	-192.71%	-85.8%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$21.85M	$95.53M
YoY Change	-77.13%	224.0%
NET CHANGE
Cash From Operating Activities	-$33.18M	-$110.9M
Cash From Investing Activities	-$211.0K	-$153.0K
Cash From Financing Activities	$21.85M	$95.53M
Net Change In Cash	-$11.54M	-$15.55M
YoY Change	-25.77%	-13.0%
FREE CASH FLOW
Cash From Operating Activities	-$33.18M	-$110.9M
Capital Expenditures	-$200.0K	-$200.0K
Free Cash Flow	-$32.98M	-$110.7M
YoY Change	-70.22%	135.66%

Facts In Submission

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CY2018Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	153000	USD
CY2019Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	211000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	700000	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	649000	USD
CY2018Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	110000000	USD
CY2019Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	45000000	USD
CY2018Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-132000	USD
CY2019Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	USD
CY2017Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	2450000	USD
CY2018Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	2600000	USD
CY2018Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	2950000	USD
CY2019Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	3000000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	838000	USD
CY2019Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1045000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	988000	USD
CY2019Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	1095000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1432000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1478000	USD
CY2018Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	15038000	USD
CY2019Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	23800000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	431774000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	450108000	USD
CY2018Q4	us-gaap	Retention Payable RetentionPayable	18899000	USD
CY2019Q1	us-gaap	Retention Payable RetentionPayable	17610000	USD
CY2018Q1	us-gaap	Revenues Revenues	279024000	USD
CY2019Q1	us-gaap	Revenues Revenues	287594000	USD
CY2018Q1	us-gaap	Selling Expense SellingExpense	22949000	USD
CY2019Q1	us-gaap	Selling Expense SellingExpense	26791000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1351000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1783000	USD
CY2018	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage	1.00
CY2018Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	-470000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	700000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	649000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	489846000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	518910000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	655943000	USD
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	676926000	USD
CY2018Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1039000	shares
CY2019Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1039000	shares
CY2018Q4	us-gaap	Treasury Stock Value TreasuryStockValue	18056000	USD
CY2019Q1	us-gaap	Treasury Stock Value TreasuryStockValue	18056000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24772027	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25086183	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22188121	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22744726	shares
CY2018Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	164000	USD
CY2019Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0	USD

Files In Submission

Name	View Source	Status
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0001580670-19-000057-index.html	Edgar Link	pending
0001580670-19-000057.txt	Edgar Link	pending
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a033119ex322.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lgih-20190331.xml	Edgar Link	completed
lgih-20190331.xsd	Edgar Link	pending
lgih-20190331_cal.xml	Edgar Link	unprocessable
lgih-20190331_def.xml	Edgar Link	unprocessable
lgih-20190331_lab.xml	Edgar Link	unprocessable
lgih-20190331_pre.xml	Edgar Link	unprocessable
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
wflogoa02.jpg	Edgar Link	pending

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$LGIH
LGI Homes, Inc. Stock $lgih

2019 Q1 Form 10-Q Financial Statement

#000158067019000057 Filed on May 07, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LGIH LGI Homes, Inc. Stock $lgih

2019 Q1 Form 10-Q Financial Statement

#000158067019000057 Filed on May 07, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LGIH
LGI Homes, Inc. Stock $lgih