$LSEA
Landsea Homes Corp Stock $lsea

$lsea Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000172138624000012 Filed on May 02, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$431.1M	$294.0M	$241.7M
YoY Change	47.03%	21.64%	-23.55%
Cost Of Revenue	$367.0M	$250.6M	$197.8M
YoY Change	51.27%	26.7%	-21.23%
Gross Profit	$64.18M	$43.46M	$43.97M
YoY Change	26.68%	-1.16%	-32.51%
Gross Profit Margin	14.89%	14.78%	18.19%
Selling, General & Admin	$54.22M	$44.57M	$39.19M
YoY Change	22.35%	13.73%	-6.1%
% of Gross Profit	84.48%	102.55%	89.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.850M	$1.320M	$1.418M
YoY Change	62.42%	-6.91%	-12.63%
% of Gross Profit	2.88%	3.04%	3.22%
Operating Expenses	$54.22M	$44.57M	$39.19M
YoY Change	22.35%	13.73%	-6.1%
Operating Profit	$9.958M	-$1.109M	$4.785M
YoY Change	56.89%	-123.18%	-79.57%
Interest Expense	$18.00M	$10.60M	$4.600M
YoY Change	146.58%	130.43%	-28.39%
% of Operating Profit	180.76%		96.13%
Other Income/Expense, Net	-$5.353M	$1.813M	$955.0K
YoY Change	-561.86%	89.84%	261.74%
Pretax Income	$4.605M	$704.0K	$5.740M
YoY Change	-38.65%	-87.74%	-68.34%
Income Tax	$1.400M	-$30.00K	$1.617M
% Of Pretax Income	30.4%	-4.26%	28.17%
Net Earnings	$2.885M	$190.0K	$3.218M
YoY Change	-41.68%	-94.1%	-75.37%
Net Earnings / Revenue	0.67%	0.06%	1.33%
Basic Earnings Per Share	$0.08	$0.01	$0.08
Diluted Earnings Per Share	$0.08	$0.01	$0.08
COMMON SHARES
Basic Shares Outstanding	36.18M shares	36.13M shares	39.98M shares
Diluted Shares Outstanding	36.37M shares	36.80M shares	40.12M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$82.15M	$121.5M	$136.8M
YoY Change	10.74%	-11.18%	77.97%
Cash & Equivalents	$82.15M	$121.5M	$136.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.350B	$1.197B	$1.081B
Prepaid Expenses
Receivables	$2.600M	$3.100M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.435B	$1.321B	$1.218B
YoY Change	19.65%	8.49%	0.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$24.90M	$13.80M
YoY Change	80.43%
Goodwill	$152.3M	$68.64M	$68.64M
YoY Change	121.92%	0.0%	-2.28%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$24.07M	$18.46M	$2.760M
YoY Change	1164.23%	568.84%	-82.63%
Total Long-Term Assets	$308.0M	$222.3M	$210.4M
YoY Change	48.59%	5.64%	74.16%
TOTAL ASSETS
Total Short-Term Assets	$1.435B	$1.321B	$1.218B
Total Long-Term Assets	$308.0M	$222.3M	$210.4M
Total Assets	$1.743B	$1.543B	$1.428B
YoY Change	23.91%	8.07%	7.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$95.47M	$88.71M	$62.47M
YoY Change	30.96%	41.99%	-16.94%
Accrued Expenses	$219.6M	$191.9M	$135.2M
YoY Change	58.6%	41.97%	37.79%
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	$315.9M	$281.5M	$198.5M
YoY Change	48.86%	41.79%	2.82%
LONG-TERM LIABILITIES
Long-Term Debt	$754.1M	$585.2M	$516.9M
YoY Change	56.22%	13.2%	4.56%
Other Long-Term Liabilities	$0.00	$200.0K
YoY Change	-100.0%
Total Long-Term Liabilities	$754.1M	$585.4M	$516.9M
YoY Change	56.22%	13.24%	1.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$315.9M	$281.5M	$198.5M
Total Long-Term Liabilities	$754.1M	$585.4M	$516.9M
Total Liabilities	$1.070B	$866.9M	$715.5M
YoY Change	42.8%	21.16%	1.73%
SHAREHOLDERS EQUITY
Retained Earnings	$190.7M	$187.8M	$161.6M
YoY Change	14.5%	16.22%	65.1%
Common Stock	$460.0M	$459.5M	$496.7M
YoY Change	-6.26%	-7.48%	-6.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$650.7M	$647.3M	$658.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.743B	$1.543B	$1.428B
YoY Change	23.91%	8.07%	7.07%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$2.885M	$190.0K	$3.218M
YoY Change	-41.68%	-94.1%	-75.37%
Depreciation, Depletion And Amortization	$1.850M	$1.320M	$1.418M
YoY Change	62.42%	-6.91%	-12.63%
Cash From Operating Activities	$33.64M	-$33.24M	$5.477M
YoY Change	-299.14%	-706.81%	-117.04%
INVESTING ACTIVITIES
Capital Expenditures	$1.712M	$1.907M	$1.563M
YoY Change	-14.74%	22.01%	-202.76%
Acquisitions			$0.00
YoY Change			-100.0%
Other Investing Activities	-$235.0M		$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$236.8M	-$1.907M	-$1.563M
YoY Change	11690.59%	22.01%	-99.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	163.8M	$37.08M	$9.237M
YoY Change	-474.78%	301.42%	-66.18%
NET CHANGE
Cash From Operating Activities	33.64M	-$33.24M	$5.477M
Cash From Investing Activities	-236.8M	-$1.907M	-$1.563M
Cash From Financing Activities	163.8M	$37.08M	$9.237M
Net Change In Cash	-39.34M	$1.937M	$13.15M
YoY Change	-37.15%	-85.27%	-104.94%
FREE CASH FLOW
Cash From Operating Activities	$33.64M	-$33.24M	$5.477M
Capital Expenditures	$1.712M	$1.907M	$1.563M
Free Cash Flow	$31.92M	-$35.14M	$3.914M
YoY Change	-268.92%	-997.85%	-112.78%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	294041000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	241740000	usd
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	250580000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	197767000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	43461000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	43973000	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	18488000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	16408000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	26082000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	22780000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	44570000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	39188000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1109000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	4785000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1813000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	955000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	704000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5740000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-30000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1617000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	734000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	4123000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	544000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	905000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	190000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	3218000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36279679	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39997699	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36798722	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40116873	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	688352000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	736000	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	674000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	678000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	6509000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6793000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	734000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	676524000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	710319000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	550000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	-361000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	913000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	4123000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	712618000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	734000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	4123000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1320000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1418000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	678000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	-361000	usd
CY2024Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	256000	usd
CY2023Q1	us-gaap	Noncash Project Abandonment Costs NoncashProjectAbandonmentCosts	115000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-183000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	580000	usd
CY2024Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-30631000	usd
CY2023Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-14341000	usd
CY2024Q1	lhi	Increase Decrease In Real Estate Inventories IncreaseDecreaseInRealEstateInventories	50929000	usd
CY2023Q1	lhi	Increase Decrease In Real Estate Inventories IncreaseDecreaseInRealEstateInventories	-13184000	usd
CY2024Q1	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	114000	usd
CY2023Q1	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	307000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	20298000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2232000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	10738000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-11972000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-6068000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-13412000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-33235000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5477000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	1907000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	1563000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1907000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1563000	usd
CY2024Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	117654000	usd
CY2023Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	175000000	usd
CY2024Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	65000000	usd
CY2023Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	164300000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	675000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	550000	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	736000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6452000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	6793000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	913000	usd
CY2024Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	2324000	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	67000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	37079000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	9237000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1937000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	13151000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	119555000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	123634000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	121492000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	136785000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	6	segment
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span>—The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ materially from these estimates.
CY2024Q1	lhi	Inventory Real Estate Deposits And Pre Acquisition Costs InventoryRealEstateDepositsAndPreAcquisitionCosts	122237000	usd
CY2023Q4	lhi	Inventory Real Estate Deposits And Pre Acquisition Costs InventoryRealEstateDepositsAndPreAcquisitionCosts	99702000	usd
CY2024Q1	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	268829000	usd
CY2023Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	272825000	usd
CY2024Q1	us-gaap	Inventory Real Estate Construction In Process InventoryRealEstateConstructionInProcess	744261000	usd
CY2023Q4	us-gaap	Inventory Real Estate Construction In Process InventoryRealEstateConstructionInProcess	692126000	usd
CY2024Q1	lhi	Inventory Real Estate Model Homes InventoryRealEstateModelHomes	61179000	usd
CY2023Q4	lhi	Inventory Real Estate Model Homes InventoryRealEstateModelHomes	57073000	usd
CY2024Q1	us-gaap	Inventory Real Estate InventoryRealEstate	1196506000	usd
CY2023Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1121726000	usd
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	15300000	usd
CY2023Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	11900000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	10600000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	4600000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	3100000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	6000000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	400000	usd
CY2023Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1100000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	200000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	200000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.282
CY2023Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	48949000	usd
CY2022Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	46657000	usd
CY2024Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1736000	usd
CY2023Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	911000	usd
CY2024Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1584000	usd
CY2023Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1338000	usd
CY2024Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	49101000	usd
CY2023Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	46230000	usd
CY2024Q1	lhi	Lessee Operating Lease Option To Extend Number LesseeOperatingLeaseOptionToExtendNumber	1	extension
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y7M6D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y8M12D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.064
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13800000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	14900000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	11900000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	13100000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	800000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	1000000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2492000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2710000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2554000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2768000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2384000	usd
CY2024Q1	lhi	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	4958000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	17866000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2973000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	14893000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1600000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.043
CY2024Q1	lhi	Number Of Geographic Regions NumberOfGeographicRegions	6	segment
CY2024Q1	lhi	Number Of Geographic Regions NumberOfGeographicRegions	6	segment
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	6	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	294041000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	241740000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	704000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5740000	usd
CY2024Q1	us-gaap	Assets Assets	1543377000	usd
CY2023Q4	us-gaap	Assets Assets	1471232000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	39997699	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	236703	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	119174	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36798722	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41500000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	36100000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	15525000	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	190000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	3218000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	36279679	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40116873	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2400000	shares
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	378000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2024Q1	lhi	Change In Right Of Use Assets For New Modified Or Terminated Operating Leases ChangeInRightOfUseAssetsForNewModifiedOrTerminatedOperatingLeases	2553000	usd
CY2023Q1	lhi	Change In Right Of Use Assets For New Modified Or Terminated Operating Leases ChangeInRightOfUseAssetsForNewModifiedOrTerminatedOperatingLeases	-837000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001721386-24-000012-index-headers.html	Edgar Link	pending
0001721386-24-000012-index.html	Edgar Link	pending
0001721386-24-000012.txt	Edgar Link	pending
0001721386-24-000012-xbrl.zip	Edgar Link	pending
exhibit311-certificationx2.htm	Edgar Link	pending
exhibit312-certificationx2.htm	Edgar Link	pending
exhibit321-certificationx2.htm	Edgar Link	pending
exhibit322-certificationx2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
indemnificationagreement-h.htm	Edgar Link	pending
lhi-20240331.htm	Edgar Link	pending
lhi-20240331.xsd	Edgar Link	pending
lsea-fourthamendedandresta.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
lhi-20240331_cal.xml	Edgar Link	unprocessable
lhi-20240331_def.xml	Edgar Link	unprocessable
lhi-20240331_lab.xml	Edgar Link	unprocessable
lhi-20240331_pre.xml	Edgar Link	unprocessable
lhi-20240331_htm.xml	Edgar Link	completed
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.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

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$LSEA
Landsea Homes Corp Stock $lsea

2024 Q2 Form 10-Q Financial Statement

#000172138624000012 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LSEA Landsea Homes Corp Stock $lsea

2024 Q2 Form 10-Q Financial Statement

#000172138624000012 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LSEA
Landsea Homes Corp Stock $lsea