2022 Q4 Form 10-Q Financial Statement

#000158067022000081 Filed on November 01, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $488.3M $547.1M
YoY Change -39.05% -27.21%
Cost Of Revenue $387.2M $391.3M
YoY Change -34.3% -28.77%
Gross Profit $101.0M $155.8M
YoY Change -52.28% -22.98%
Gross Profit Margin 20.69% 28.48%
Selling, General & Admin $60.23M $61.22M
YoY Change -14.45% -4.86%
% of Gross Profit 59.61% 39.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $442.0K $404.0K
YoY Change 37.27% 36.95%
% of Gross Profit 0.44% 0.26%
Operating Expenses $60.23M $61.22M
YoY Change -14.45% -4.86%
Operating Profit $40.80M $94.58M
YoY Change -71.12% -31.44%
Interest Expense $0.00
YoY Change
% of Operating Profit 0.0%
Other Income/Expense, Net $6.049M $14.12M
YoY Change 191.66% 495.95%
Pretax Income $46.85M $108.7M
YoY Change -67.32% -14.4%
Income Tax $12.74M $18.31M
% Of Pretax Income 27.19% 16.85%
Net Earnings $34.12M $90.39M
YoY Change -69.35% -10.1%
Net Earnings / Revenue 6.99% 16.52%
Basic Earnings Per Share $3.88
Diluted Earnings Per Share $1.45 $3.85
COMMON SHARES
Basic Shares Outstanding 23.29M shares 23.27M shares
Diluted Shares Outstanding 23.49M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.00M $52.66M
YoY Change -36.66% 12.72%
Cash & Equivalents $32.00M $52.66M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $2.757B $2.836B
Prepaid Expenses
Receivables $25.14M $37.45M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.814B $2.926B
YoY Change 28.22% 46.01%
LONG-TERM ASSETS
Property, Plant & Equipment $33.00M $26.05M
YoY Change 94.74% 94.93%
Goodwill $12.00M $12.02M
YoY Change -0.15% 0.0%
Intangibles
YoY Change
Long-Term Investments $141.8M $35.86M
YoY Change
Other Assets $31.22M $39.75M
YoY Change -33.44% -31.33%
Total Long-Term Assets $311.2M $186.6M
YoY Change 97.53% 24.82%
TOTAL ASSETS
Total Short-Term Assets $2.814B $2.926B
Total Long-Term Assets $311.2M $186.6M
Total Assets $3.125B $3.113B
YoY Change 32.87% 44.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.29M $55.24M
YoY Change 78.43% 55.81%
Accrued Expenses $126.5M $116.3M
YoY Change 22.79% 38.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $204.3M $219.1M
YoY Change 44.97% 53.05%
LONG-TERM LIABILITIES
Long-Term Debt $1.117B $1.230B
YoY Change 38.72% 84.67%
Other Long-Term Liabilities $161.1M $56.64M
YoY Change 1537.77% 562.25%
Total Long-Term Liabilities $1.278B $1.287B
YoY Change 56.81% 90.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $204.3M $219.1M
Total Long-Term Liabilities $1.278B $1.287B
Total Liabilities $1.482B $1.506B
YoY Change 55.06% 84.13%
SHAREHOLDERS EQUITY
Retained Earnings $1.690B $1.656B
YoY Change 23.94% 32.23%
Common Stock $272.0K $272.0K
YoY Change 1.12% 1.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $355.0M $355.0M
YoY Change 36.59% 74.18%
Treasury Stock Shares 3.939M shares 3.939M shares
Shareholders Equity $1.642B $1.607B
YoY Change
Total Liabilities & Shareholders Equity $3.125B $3.113B
YoY Change 32.87% 44.54%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $34.12M $90.39M
YoY Change -69.35% -10.1%
Depreciation, Depletion And Amortization $442.0K $404.0K
YoY Change 37.27% 36.95%
Cash From Operating Activities -$10.90M -$96.25M
YoY Change -86.27% 148.3%
INVESTING ACTIVITIES
Capital Expenditures $130.0K -$64.00K
YoY Change -247.73% -87.25%
Acquisitions
YoY Change
Other Investing Activities -$3.732M $413.0K
YoY Change 687.34% -101.04%
Cash From Investing Activities -$3.862M $349.0K
YoY Change 587.19% -100.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.901M 106.6M
YoY Change -107.05% 669.95%
NET CHANGE
Cash From Operating Activities -10.90M -96.25M
Cash From Investing Activities -3.862M 349.0K
Cash From Financing Activities -5.901M 106.6M
Net Change In Cash -20.66M 10.69M
YoY Change -644.17% -116.45%
FREE CASH FLOW
Cash From Operating Activities -$10.90M -$96.25M
Capital Expenditures $130.0K -$64.00K
Free Cash Flow -$11.03M -$96.19M
YoY Change -86.09% 151.39%

Facts In Submission

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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
286619000 usd
us-gaap Increase Decrease In Earnest Money Deposits Outstanding
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us-gaap Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
6328000 usd
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
20556000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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43824000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments For Proceeds From Productive Assets
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us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
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us-gaap Payments To Acquire Equity Method Investments
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us-gaap Payments To Acquire Equity Method Investments
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us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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235000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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2660000 usd
us-gaap Payments To Acquire Businesses Gross
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us-gaap Repayments Of Notes Payable
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us-gaap Repayments Of Notes Payable
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lgih Proceeds From Land Financing Arrangements
ProceedsFromLandFinancingArrangements
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CY2021 lgih Proceeds From Land Financing Arrangements
ProceedsFromLandFinancingArrangements
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2567000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10572000 usd
us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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95102000 usd
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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363804000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2146000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10775000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50514000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35942000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52660000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Use Of Estimates
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates, and these differences could have a significant impact on the financial statements.</span></div>
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InventoryRealEstateLandAndLandDevelopmentCosts
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CY2022Q3 us-gaap Inventory Operative Builders Other
InventoryOperativeBuildersOther
33417000 usd
CY2021Q4 us-gaap Inventory Operative Builders Other
InventoryOperativeBuildersOther
28665000 usd
CY2022Q3 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
542741000 usd
CY2021Q4 us-gaap Inventory Homes Under Construction
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449742000 usd
CY2022Q3 us-gaap Inventory Finished Homes
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377549000 usd
CY2021Q4 us-gaap Inventory Finished Homes
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107736000 usd
CY2022Q3 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
2836042000 usd
CY2022Q3 lgih Inventory Real Estate Not Owned
InventoryRealEstateNotOwned
35858000 usd
CY2021Q4 lgih Inventory Real Estate Not Owned
InventoryRealEstateNotOwned
0 usd
CY2022Q3 us-gaap Inventory Real Estate
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2871900000 usd
CY2021Q4 us-gaap Inventory Real Estate
InventoryRealEstate
2085904000 usd
CY2022Q3 lgih Real Estate Inventory Development And Construction Payable
RealEstateInventoryDevelopmentAndConstructionPayable
68881000 usd
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RealEstateInventoryDevelopmentAndConstructionPayable
48656000 usd
CY2022Q3 lgih Land Financing Arrangements
LandFinancingArrangements
35858000 usd
CY2021Q4 lgih Land Financing Arrangements
LandFinancingArrangements
0 usd
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11792000 usd
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EmployeeRelatedLiabilitiesCurrentAndNoncurrent
24914000 usd
CY2022Q3 us-gaap Accrued Income Taxes
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35490000 usd
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11604000 usd
CY2022Q3 us-gaap Contract With Customer Liability
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12012000 usd
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12182000 usd
CY2022Q3 lgih Inventory Related Obligations
InventoryRelatedObligations
13283000 usd
CY2021Q4 lgih Inventory Related Obligations
InventoryRelatedObligations
8803000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10050000 usd
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ProductWarrantyAccrual
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CY2022Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6924000 usd
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
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CY2022Q3 us-gaap Operating Lease Liability
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5402000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5333000 usd
CY2022Q3 us-gaap Other Liabilities
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20784000 usd
CY2021Q4 us-gaap Other Liabilities
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9836000 usd
CY2022Q3 us-gaap Accrued Liabilities And Other Liabilities
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220476000 usd
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AccruedLiabilitiesAndOtherLiabilities
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lgih Inventory Related Obligation Term
InventoryRelatedObligationTerm
P30Y
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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CY2021Q2 us-gaap Product Warranty Accrual
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2985000 usd
CY2021Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2424000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8092000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8409000 usd
CY2022Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2285000 usd
CY2021Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1824000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5892000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6609000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10050000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10050000 usd
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7150000 usd
CY2022Q2 lgih Credit Agreement Gross Assets
CreditAgreementGrossAssets
500000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
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12215000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
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12203000 usd
CY2022Q3 us-gaap Notes Payable
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CY2021Q4 us-gaap Notes Payable
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CY2022Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
14583000 usd
CY2021Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
6091000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
31048000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
21863000 usd
CY2022Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
14583000 usd
CY2021Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
6091000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
31048000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21863000 usd
CY2022Q3 us-gaap Interest Expense
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CY2021Q3 us-gaap Interest Expense
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us-gaap Interest Expense
InterestExpense
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us-gaap Interest Expense
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CY2022Q3 us-gaap Interest Paid
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14874000 usd
CY2021Q3 us-gaap Interest Paid
InterestPaid
11772000 usd
us-gaap Interest Paid
InterestPaid
29080000 usd
us-gaap Interest Paid
InterestPaid
26264000 usd
CY2022Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
900000 usd
CY2021Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
800000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2200000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.168
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.212
CY2022Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
3800000 usd
CY2021Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
36000000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
56200000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
99700000 usd
CY2022Q1 lgih Stock Repurchase Program Additional Amount Authorized
StockRepurchaseProgramAdditionalAmountAuthorized
200000000 usd
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
550000000 usd
CY2022Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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CY2021Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
358817 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
910038 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2939472 shares
CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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211500000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
90390000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
100550000 usd
us-gaap Net Income Loss
NetIncomeLoss
292452000 usd
us-gaap Net Income Loss
NetIncomeLoss
318342000 usd
CY2022Q3 lgih Refundable Land Deposits Of Purchase Contractsof Finished Lots
RefundableLandDepositsOfPurchaseContractsofFinishedLots
16600000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23272811 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24508134 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23552211 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24766260 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
215514 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
316186 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
252875 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
263901 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23488325 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24824320 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23805086 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25030161 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.88
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.85
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.85
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.72
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2396 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
553 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10797 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3629 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
1
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5400000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5300000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
500000 usd
CY2022Q3 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
32266000 usd
CY2021Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
37499000 usd
CY2022Q3 lgih Commitment Under Land Purchase Option And Deposit Agreement
CommitmentUnderLandPurchaseOptionAndDepositAgreement
433934000 usd
CY2021Q4 lgih Commitment Under Land Purchase Option And Deposit Agreement
CommitmentUnderLandPurchaseOptionAndDepositAgreement
921345000 usd
CY2022Q3 lgih Lots Under Purchase Options Recorded
LotsUnderPurchaseOptionsRecorded
15826
CY2021Q4 lgih Lots Under Purchase Options Recorded
LotsUnderPurchaseOptionsRecorded
36978
CY2021Q4 lgih Refundable Land Deposits Of Purchase Contractsof Finished Lots
RefundableLandDepositsOfPurchaseContractsofFinishedLots
19300000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5000000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5100000 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
500000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1600000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1200000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
383000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1438000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1171000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
936000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
799000 usd
CY2022Q3 lgih Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1055000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5782000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
380000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5402000 usd
CY2022Q3 lgih Lettersof Credit Surety Bondsand Other Financial Guarantees
LettersofCreditSuretyBondsandOtherFinancialGuarantees
338700000 usd
CY2021Q4 lgih Lettersof Credit Surety Bondsand Other Financial Guarantees
LettersofCreditSuretyBondsandOtherFinancialGuarantees
206800000 usd
us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
6900000 usd
CY2022Q1 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
5600000 usd
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2200000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4000000 usd
CY2022Q3 us-gaap Revenues
Revenues
547074000 usd
CY2021Q3 us-gaap Revenues
Revenues
751608000 usd
us-gaap Revenues
Revenues
1816193000 usd
us-gaap Revenues
Revenues
2249073000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
7 business
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 home
CY2022Q3 us-gaap Revenues
Revenues
547074000 usd
CY2021Q3 us-gaap Revenues
Revenues
751608000 usd
us-gaap Revenues
Revenues
1816193000 usd
us-gaap Revenues
Revenues
2249073000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
108701000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
126994000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
371263000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
399391000 usd
CY2022Q3 us-gaap Assets
Assets
3112800000 usd
CY2021Q4 us-gaap Assets
Assets
2351865000 usd

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