Lgi homes, inc. (LGIH)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Dec'12
ASSETS
Cash and cash equivalents

118,232

38,345

37,030

37,555

35,084

46,624

37,969

48,886

52,024

67,571

47,968

27,300

31,648

49,518

45,915

49,666

47,574

37,568

36,465

49,747

39,008

31,370

46,161

42,851

25,658

54,069

-

7,069

Accounts receivable

45,006

56,390

45,431

43,207

31,987

42,836

31,379

31,746

21,660

44,706

32,716

34,137

17,150

17,055

15,641

15,073

13,769

17,325

15,822

14,773

12,983

7,365

9,713

9,225

5,541

5,402

-

922

Accounts receivable, related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,026

Real estate inventory

1,481,833

1,499,624

1,480,629

1,328,699

1,290,855

1,228,256

1,187,994

1,062,696

1,040,351

918,933

902,568

835,985

788,758

717,681

676,917

609,925

561,010

531,228

460,475

407,072

387,059

367,908

291,988

220,637

177,538

141,983

-

28,489

Pre-acquisition costs and deposits

37,448

37,244

40,137

45,991

43,698

45,752

40,055

29,562

24,609

18,866

14,159

13,444

11,562

10,651

11,450

12,718

9,262

7,001

7,879

7,936

7,070

9,878

12,729

13,318

14,056

3,703

-

997

Property and equipment, net

1,888

1,632

1,631

1,429

1,478

1,432

1,520

1,675

1,647

1,674

1,862

1,877

1,947

1,960

2,037

1,950

1,991

2,108

2,052

2,076

1,663

1,610

1,373

1,195

1,049

845

-

719

Other assets

20,318

16,241

16,528

15,146

19,943

15,765

11,033

11,168

17,403

14,196

9,452

6,453

4,543

5,631

4,603

6,005

7,278

11,238

11,977

9,187

6,257

7,515

4,730

3,829

2,674

1,992

-

1,884

Deferred tax assets, net

2,301

4,621

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in unconsolidated LGI/GTIS Joint Ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,446

Deferred Tax Assets, Net

-

-

2,789

2,015

1,140

2,790

3,858

2,168

1,142

1,928

2,189

466

-

0

-

-

-

-

-

-

-

-

467

446

386

288

-

0

Goodwill and intangible assets, net

12,018

12,018

12,018

12,018

12,018

-

19,979

12,018

12,018

-

12,018

12,018

12,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

12,018

-

-

-

12,018

-

-

-

12,018

12,049

12,111

12,173

12,234

12,296

12,358

12,419

12,481

12,543

12,604

12,666

12,728

-

0

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

Total assets

1,719,044

1,666,115

1,636,193

1,486,060

1,436,203

1,395,473

1,333,787

1,199,919

1,170,854

1,079,892

1,022,932

931,680

867,626

814,514

768,612

707,448

653,057

618,702

546,966

503,149

466,459

438,127

379,704

304,105

239,568

221,010

1

45,556

LIABILITIES AND EQUITY
Accounts payable

19,066

12,495

29,004

22,562

14,690

9,241

17,891

19,893

25,737

12,020

26,071

19,007

19,948

12,277

18,572

21,993

20,480

24,020

28,865

24,685

17,556

15,479

15,449

19,352

13,369

14,001

0

3,090

Accounts payable, related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

Accrued expenses and other liabilities

95,980

117,868

78,778

73,340

68,512

76,555

75,782

56,805

54,489

102,831

86,149

63,366

47,142

46,389

62,779

47,956

42,866

40,006

44,591

31,491

25,216

21,365

17,747

11,800

7,644

7,100

-

2,176

Deferred tax liabilities, net

-

-

-

-

-

-

-

-

-

-

0

0

1,141

164

1,774

2,393

3,120

2,726

1,478

1,980

2,930

2,685

-

-

-

0

-

-

Notes payable

744,393

690,559

751,364

664,923

676,075

653,734

627,695

554,539

571,718

475,195

464,058

442,946

426,155

400,483

354,932

334,174

323,102

304,561

247,809

239,931

229,983

216,099

160,188

93,926

48,820

35,535

-

14,968

Total liabilities

859,439

820,922

859,146

760,825

759,277

739,530

721,368

631,237

651,944

590,046

576,278

525,319

494,386

459,313

438,057

406,516

389,568

371,313

322,743

298,087

275,685

255,628

193,384

125,078

69,833

56,636

0

20,345

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

0

0

0

0

0

-

0

EQUITY
Common stock, par value $0.01, 250,000,000 shares authorized, 26,680,474 shares issued and 25,074,446 shares outstanding as of March 31, 2020 and 26,398,409 shares issued and 25,359,409 shares outstanding as of December 31, 2019

266

264

240

240

239

237

237

236

236

228

227

226

226

223

223

220

214

213

210

209

209

208

208

208

208

208

0

-

Additional paid-in capital

255,509

252,603

249,351

246,888

244,635

241,988

239,611

233,598

231,434

229,680

222,129

215,524

214,602

208,346

206,905

196,752

179,974

175,575

168,143

164,403

164,092

163,520

158,325

158,078

157,823

157,056

0

-

Retained earnings

653,221

610,382

545,512

496,163

450,108

431,774

389,121

351,398

303,790

276,488

240,848

207,161

174,962

163,182

139,977

120,510

99,851

88,151

72,420

57,000

43,023

35,321

27,787

20,741

11,704

7,110

-

-

Treasury stock, at cost, 1,606,028 shares and 1,039,000 shares, respectively

49,391

18,056

18,056

18,056

18,056

18,056

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

16,550

-

-

-

0

-

-

Owners equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,210

Non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total equity

859,605

845,193

777,047

725,235

676,926

655,943

612,419

568,682

518,910

489,846

446,654

406,361

373,240

355,201

330,555

300,932

263,489

247,389

224,223

205,062

190,774

182,499

186,320

179,027

169,735

164,374

1

25,210

Total liabilities and equity

1,719,044

1,666,115

1,636,193

1,486,060

1,436,203

1,395,473

1,333,787

1,199,919

1,170,854

1,079,892

1,022,932

931,680

867,626

814,514

768,612

707,448

653,057

618,702

546,966

503,149

466,459

438,127

379,704

304,105

239,568

221,010

1

45,556