2024 Q1 Form 10-K Financial Statement
#000158067024000012 Filed on February 20, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $390.9M | $608.4M | $2.359B |
YoY Change | -19.8% | 24.61% | 2.35% |
Cost Of Revenue | $299.5M | $465.8M | $1.816B |
YoY Change | -22.93% | 20.29% | 9.56% |
Gross Profit | $91.40M | $142.6M | $542.2M |
YoY Change | -7.5% | 41.17% | -16.15% |
Gross Profit Margin | 23.39% | 23.44% | 22.99% |
Selling, General & Admin | $72.67M | $82.79M | $308.9M |
YoY Change | -0.13% | 37.45% | 20.44% |
% of Gross Profit | 79.5% | 58.04% | 56.98% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $673.0K | $608.0K | $2.408M |
YoY Change | 39.63% | 37.56% | 52.79% |
% of Gross Profit | 0.74% | 0.43% | 0.44% |
Operating Expenses | $72.67M | $82.79M | $308.9M |
YoY Change | -0.13% | 37.45% | 20.44% |
Operating Profit | $18.73M | $59.84M | $233.3M |
YoY Change | -28.09% | 46.66% | -40.21% |
Interest Expense | $0.00 | $0.00 | |
YoY Change | |||
% of Operating Profit | 0.0% | 0.0% | |
Other Income/Expense, Net | $4.361M | $8.706M | $28.50M |
YoY Change | -30.74% | 43.92% | 1.75% |
Pretax Income | $23.09M | $68.55M | $261.8M |
YoY Change | -28.61% | 46.3% | -37.4% |
Income Tax | $6.041M | $16.46M | $62.53M |
% Of Pretax Income | 26.16% | 24.01% | 23.89% |
Net Earnings | $17.05M | $52.09M | $199.2M |
YoY Change | -36.75% | 52.69% | -38.99% |
Net Earnings / Revenue | 4.36% | 8.56% | 8.45% |
Basic Earnings Per Share | $0.72 | $8.48 | |
Diluted Earnings Per Share | $0.72 | $2.19 | $8.42 |
COMMON SHARES | |||
Basic Shares Outstanding | 23.58M shares | 23.56M shares | 23.51M shares |
Diluted Shares Outstanding | 23.68M shares | 23.65M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $49.00M | $48.98M | $48.98M |
YoY Change | 14.03% | 53.07% | 53.07% |
Cash & Equivalents | $49.00M | $48.98M | $48.98M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $3.151B | $3.108B | $3.108B |
Prepaid Expenses | |||
Receivables | $27.15M | $41.32M | $41.32M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.227B | $3.198B | $3.198B |
YoY Change | 15.62% | 13.66% | 13.66% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $49.78M | $45.52M | $45.52M |
YoY Change | 41.11% | 37.96% | 20.12% |
Goodwill | $12.02M | $12.00M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $77.81M | $104.5M | $104.5M |
YoY Change | -49.45% | -26.33% | -26.33% |
Other Assets | $39.03M | $38.52M | $38.52M |
YoY Change | 23.71% | 23.38% | 23.38% |
Total Long-Term Assets | $295.4M | $209.9M | $209.9M |
YoY Change | -4.54% | -32.55% | -32.55% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.227B | $3.198B | $3.198B |
Total Long-Term Assets | $295.4M | $209.9M | $209.9M |
Total Assets | $3.523B | $3.408B | $3.408B |
YoY Change | 13.61% | 9.06% | 9.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $46.16M | $31.62M | $31.62M |
YoY Change | 15.56% | 25.03% | 25.03% |
Accrued Expenses | $124.2M | $271.9M | $271.9M |
YoY Change | 8.52% | 115.0% | 115.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $178.0M | $303.5M | $303.5M |
YoY Change | -15.92% | 48.53% | 48.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.461B | $1.248B | $1.248B |
YoY Change | 21.78% | 11.76% | 11.76% |
Other Long-Term Liabilities | $14.65M | $12.07M | $12.07M |
YoY Change | -3.72% | -92.5% | -92.5% |
Total Long-Term Liabilities | $1.476B | $1.260B | $1.260B |
YoY Change | 21.46% | -1.38% | -1.38% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $178.0M | $303.5M | $303.5M |
Total Long-Term Liabilities | $1.476B | $1.260B | $1.260B |
Total Liabilities | $1.654B | $1.552B | $1.552B |
YoY Change | 15.91% | 4.68% | 4.68% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.907B | $1.890B | |
YoY Change | 11.02% | 11.79% | |
Common Stock | $276.0K | $275.0K | |
YoY Change | 0.36% | 1.1% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $365.0M | $355.0M | |
YoY Change | 2.82% | 0.0% | |
Treasury Stock Shares | |||
Shareholders Equity | $1.869B | $1.856B | $1.856B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.523B | $3.408B | $3.408B |
YoY Change | 13.61% | 9.06% | 9.06% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $17.05M | $52.09M | $199.2M |
YoY Change | -36.75% | 52.69% | -38.99% |
Depreciation, Depletion And Amortization | $673.0K | $608.0K | $2.408M |
YoY Change | 39.63% | 37.56% | 52.79% |
Cash From Operating Activities | -$99.49M | -$34.27M | -$56.97M |
YoY Change | -228.21% | 214.41% | -84.62% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.001M | $643.0K | $1.443M |
YoY Change | 1217.11% | 394.62% | 21.57% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.019M | -$5.505M | -$12.21M |
YoY Change | -163.17% | 47.51% | 155.28% |
Cash From Investing Activities | $2.018M | -$6.048M | -$13.65M |
YoY Change | -141.57% | 56.6% | 128.69% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$5.260M | ||
YoY Change | -105.88% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $97.49M | 42.30M | $87.60M |
YoY Change | -257.81% | -816.76% | -75.53% |
NET CHANGE | |||
Cash From Operating Activities | -$99.49M | -34.27M | -$56.97M |
Cash From Investing Activities | $2.018M | -6.048M | -$13.65M |
Cash From Financing Activities | $97.49M | 42.30M | $87.60M |
Net Change In Cash | $18.00K | 1.980M | $16.98M |
YoY Change | -99.84% | -109.58% | -191.7% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$99.49M | -$34.27M | -$56.97M |
Capital Expenditures | $1.001M | $643.0K | $1.443M |
Free Cash Flow | -$100.5M | -$34.91M | -$58.41M |
YoY Change | -229.63% | 216.54% | -84.28% |
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|
12834000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5507000 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | usd |
CY2023 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
14825000 | usd |
CY2022 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4593000 | usd |
CY2021 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
0 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2408000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1576000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1154000 | usd |
CY2023 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | usd |
CY2022 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | usd |
CY2021 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
13976000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
0 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
7055000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
0 | usd |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
1634000 | usd |
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
2206000 | usd |
CY2021 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
717000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8926000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9188000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13595000 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1977000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-12000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-788000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
16176000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-32766000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-58030000 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
255518000 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
823919000 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
463643000 | usd |
CY2023 | us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
5322000 | usd |
CY2022 | us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
-15671000 | usd |
CY2021 | us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
-3238000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-23033000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-8696000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
28689000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
6330000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
11115000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-760000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-18256000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
58052000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-56968000 | usd |
CY2023 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
1443000 | usd |
CY2022 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
5016000 | usd |
CY2021 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
1692000 | usd |
CY2022 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
235000 | usd |
CY2021 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
0 | usd |
CY2023 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | usd |
CY2021 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
66970000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13648000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5968000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-70391000 | usd |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
887283000 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
618910000 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1239818000 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
746000000 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
308000000 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
969000000 | usd |
CY2023 | lgih |
Proceeds From Land Financing Arrangements
ProceedsFromLandFinancingArrangements
|
50402000 | usd |
CY2022 | lgih |
Proceeds From Land Financing Arrangements
ProceedsFromLandFinancingArrangements
|
149526000 | usd |
CY2021 | lgih |
Proceeds From Land Financing Arrangements
ProceedsFromLandFinancingArrangements
|
0 | usd |
CY2023 | lgih |
Payments On Financing Arrangements
PaymentsOnFinancingArrangements
|
95027000 | usd |
CY2022 | lgih |
Payments On Financing Arrangements
PaymentsOnFinancingArrangements
|
8813000 | usd |
CY2021 | lgih |
Payments On Financing Arrangements
PaymentsOnFinancingArrangements
|
0 | usd |
CY2023 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | usd |
CY2022 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | usd |
CY2021 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
10314000 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
14322000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4235000 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
10572000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5260000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5617000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7114000 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
95102000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
193783000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
87596000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
357903000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
63263000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
16980000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18516000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
14572000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31998000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
50514000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35942000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
48978000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31998000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
50514000 | usd |
CY2021Q2 | lgih |
Business Combination Numberof Homesunder Construction
BusinessCombinationNumberofHomesunderConstruction
|
100 | home |
CY2021Q2 | lgih |
Business Combination Ownedand Controlled Lots
BusinessCombinationOwnedandControlledLots
|
3000 | home |
CY2021Q2 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
27300000 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
39100000 | usd |
CY2021Q3 | lgih |
Business Combination Numberof Homesunder Construction
BusinessCombinationNumberofHomesunderConstruction
|
100 | home |
CY2021Q3 | lgih |
Business Combination Ownedand Controlled Lots
BusinessCombinationOwnedandControlledLots
|
500 | home |
CY2021 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2023 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
6900000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
8300000 | usd |
CY2023 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
12000000 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
33100000 | usd |
CY2022 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
18700000 | usd |
CY2021 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
7700000 | usd |
CY2023Q4 | lgih |
Inventory Real Estate Not Owned
InventoryRealEstateNotOwned
|
104459000 | usd |
CY2022Q4 | lgih |
Inventory Real Estate Not Owned
InventoryRealEstateNotOwned
|
141792000 | usd |
CY2023Q4 | us-gaap |
Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
|
2099133000 | usd |
CY2022Q4 | us-gaap |
Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
|
1911307000 | usd |
CY2023Q4 | us-gaap |
Inventory Operative Builders Other
InventoryOperativeBuildersOther
|
47936000 | usd |
CY2022Q4 | us-gaap |
Inventory Operative Builders Other
InventoryOperativeBuildersOther
|
35074000 | usd |
CY2023Q4 | us-gaap |
Inventory Homes Under Construction
InventoryHomesUnderConstruction
|
313124000 | usd |
CY2022Q4 | us-gaap |
Inventory Homes Under Construction
InventoryHomesUnderConstruction
|
287069000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Homes
InventoryFinishedHomes
|
542996000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Homes
InventoryFinishedHomes
|
523054000 | usd |
CY2023Q4 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
3003189000 | usd |
CY2022Q4 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
2756504000 | usd |
CY2023Q4 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
3107648000 | usd |
CY2022Q4 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
2898296000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
51314000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
36380000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5792000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3383000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
45522000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
32997000 | usd |
CY2023 | us-gaap |
Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
|
13500000 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
2400000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
1600000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
1100000 | usd |
CY2023Q4 | lgih |
Land Financing Arrangements
LandFinancingArrangements
|
104459000 | usd |
CY2022Q4 | lgih |
Land Financing Arrangements
LandFinancingArrangements
|
141792000 | usd |
CY2023Q4 | us-gaap |
Retention Payable
RetentionPayable
|
71193000 | usd |
CY2022Q4 | us-gaap |
Retention Payable
RetentionPayable
|
73678000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
22550000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
12900000 | usd |
CY2023Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
14694000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
47037000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
13600000 | usd |
CY2023Q4 | lgih |
Inventory Related Obligations
InventoryRelatedObligations
|
11924000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
10750000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
13522000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
10906000 | usd |
CY2022Q4 | lgih |
Inventory Related Obligations
InventoryRelatedObligations
|
13039000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4947000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5182000 | usd |
CY2023Q4 | us-gaap |
Deposit Contracts Liabilities
DepositContractsLiabilities
|
2909000 | usd |
CY2022Q4 | us-gaap |
Deposit Contracts Liabilities
DepositContractsLiabilities
|
5545000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
12074000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
19299000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
271872000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
340128000 | usd |
CY2023 | lgih |
Inventory Related Obligation Term
InventoryRelatedObligationTerm
|
P30Y | |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
10750000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
7850000 | usd |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
5350000 | usd |
CY2023 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
8510000 | usd |
CY2022 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
11488000 | usd |
CY2021 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
11223000 | usd |
CY2023 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
5660000 | usd |
CY2022 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
8588000 | usd |
CY2021 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
8723000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
13600000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
10750000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
7850000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
-21301000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
-11349000 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1248332000 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1248332000 | usd |
CY2022Q4 | us-gaap |
Notes Payable
NotesPayable
|
1117001000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
115818000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
853815000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
|
300000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1269633000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
21301000 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1248332000 | usd |
CY2023 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
87604000 | usd |
CY2022 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
49281000 | usd |
CY2021 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
28360000 | usd |
CY2023 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
87604000 | usd |
CY2022 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
49281000 | usd |
CY2021 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
28360000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
CY2023 | us-gaap |
Interest Paid
InterestPaid
|
80963000 | usd |
CY2022 | us-gaap |
Interest Paid
InterestPaid
|
41593000 | usd |
CY2021 | us-gaap |
Interest Paid
InterestPaid
|
28850000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
4000000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
3500000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2900000 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
54013000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
77922000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
95343000 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
10492000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
13615000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
16999000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
64505000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
91537000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
112342000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-1638000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
33000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
751000 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-340000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-21000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
37000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1978000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
12000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
788000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
62527000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
91549000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
91549000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
113130000 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
96500000 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
56900000 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
127900000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
54968000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
87805000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
114081000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
8052000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.031 | |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
10749000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.026 | |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
13467000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.025 | |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-2230000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.009 | |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-2199000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.005 | |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-2243000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.004 | |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
3033000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.012 | |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
4313000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.010 | |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
4343000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
0.008 | |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-89000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0 | |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
23000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0 | |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-367000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.001 | |
CY2023 | lgih |
Federal Efficient Homes Tax Credits
FederalEfficientHomesTaxCredits
|
1207000 | usd |
CY2023 | lgih |
Federal Efficient Homes Tax Credits Percent
FederalEfficientHomesTaxCreditsPercent
|
0.005 | |
CY2022 | lgih |
Federal Efficient Homes Tax Credits
FederalEfficientHomesTaxCredits
|
9142000 | usd |
CY2022 | lgih |
Federal Efficient Homes Tax Credits Percent
FederalEfficientHomesTaxCreditsPercent
|
0.022 | |
CY2021 | lgih |
Federal Efficient Homes Tax Credits
FederalEfficientHomesTaxCredits
|
16151000 | usd |
CY2021 | lgih |
Federal Efficient Homes Tax Credits Percent
FederalEfficientHomesTaxCreditsPercent
|
0.030 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
62527000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.239 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.219 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
113130000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.208 | |
CY2023 | lgih |
Extension Of Federal Energy Efficient Homes Tax Credits
ExtensionOfFederalEnergyEfficientHomesTaxCredits
|
-1200000 | usd |
CY2022 | lgih |
Extension Of Federal Energy Efficient Homes Tax Credits
ExtensionOfFederalEnergyEfficientHomesTaxCredits
|
9100000 | usd |
CY2021 | lgih |
Extension Of Federal Energy Efficient Homes Tax Credits
ExtensionOfFederalEnergyEfficientHomesTaxCredits
|
16200000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
6222000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
3947000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
2271000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3210000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
1197000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
1060000 | usd |
CY2023Q4 | lgih |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
891000 | usd |
CY2022Q4 | lgih |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
926000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
2381000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1673000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12962000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
10816000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
1242000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
1550000 | usd |
CY2023Q4 | lgih |
Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
|
1076000 | usd |
CY2022Q4 | lgih |
Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
|
1103000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
1126000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
982000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
827000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
707000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
528000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
288000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
4799000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
4630000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
8163000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
6186000 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27521120 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23581648 | shares |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3939472 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27245278 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23305806 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
3939472 | shares |
CY2022Q1 | lgih |
Stock Repurchase Program Additional Amount Authorized
StockRepurchaseProgramAdditionalAmountAuthorized
|
200000000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
550000000 | usd |
CY2022 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
892916 | shares |
CY2022 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
95100000 | usd |
CY2021 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1288563 | shares |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
193800000 | usd |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
2939472 | shares | |
CY2023Q4 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
211500000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
199227000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
326567000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
429645000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23507136 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23486465 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24607231 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
141412 | shares |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
244305 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
301760 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23648548 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23730770 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24908991 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.48 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
13.90 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
17.46 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.42 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
13.76 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
17.25 | |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11412 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
50003 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5970 | shares |
CY2023Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
2680172 | shares |
CY2023 | lgih |
Minimum Service Period For Employees To Be Covered Under Profit Sharing Plan
MinimumServicePeriodForEmployeesToBeCoveredUnderProfitSharingPlan
|
P30D | |
CY2023 | lgih |
Employees Eligibility Age For Participating In Profit Sharing Plan
EmployeesEligibilityAgeForParticipatingInProfitSharingPlan
|
P21Y | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
1 | |
CY2023 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.04 | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
4400000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
4500000 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
4600000 | usd |
CY2023Q4 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
26955000 | usd |
CY2022Q4 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
22406000 | usd |
CY2023Q4 | lgih |
Commitment Under Land Purchase Option And Deposit Agreement
CommitmentUnderLandPurchaseOptionAndDepositAgreement
|
513941000 | usd |
CY2022Q4 | lgih |
Commitment Under Land Purchase Option And Deposit Agreement
CommitmentUnderLandPurchaseOptionAndDepositAgreement
|
411776000 | usd |
CY2023Q4 | lgih |
Lots Under Purchase Options Recorded
LotsUnderPurchaseOptionsRecorded
|
15750 | lot |
CY2022Q4 | lgih |
Lots Under Purchase Options Recorded
LotsUnderPurchaseOptionsRecorded
|
13184 | lot |
CY2023Q4 | lgih |
Refundable Land Deposits Of Purchase Contractsof Finished Lots
RefundableLandDepositsOfPurchaseContractsofFinishedLots
|
11400000 | usd |
CY2022Q4 | lgih |
Refundable Land Deposits Of Purchase Contractsof Finished Lots
RefundableLandDepositsOfPurchaseContractsofFinishedLots
|
12800000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4600000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4900000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4900000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5200000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2500000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2100000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1700000 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1900000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1800000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.059 | rate |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y7M6D | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1535000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1307000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1145000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1022000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
582000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
13000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
5604000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
657000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4947000 | usd |
CY2023Q4 | lgih |
Lettersof Creditand Performanceand Surety Bonds
LettersofCreditandPerformanceandSuretyBonds
|
357000000 | usd |
CY2022Q4 | lgih |
Lettersof Creditand Performanceand Surety Bonds
LettersofCreditandPerformanceandSuretyBonds
|
368100000 | usd |
CY2023 | us-gaap |
Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
|
21500000 | usd |
CY2022 | us-gaap |
Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
|
11200000 | usd |
CY2023 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
12800000 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5500000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
2358580000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
2304455000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
3050149000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
2358580000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
2304455000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
3050149000 | usd |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
7 | segment |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | segment |
CY2023 | us-gaap |
Revenues
Revenues
|
2358580000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
2304455000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
3050149000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
261754000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
418116000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
542775000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
7100000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-14000000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
3407851000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
3124828000 | usd |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023 | dei |
Auditor Firm
AuditorFirmId
|
42 |