Lgi homes, inc. (LGIH)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Home sales

-

-

-

-

-

-

160,067

73,820

49,269

Management and warranty fees

-

-

-

-

-

-

2,729

2,401

1,186

Home sales revenues

1,838,154

1,504,400

1,257,960

838,320

630,236

383,268

162,796

76,221

50,456

Cost of sales

1,401,675

1,124,484

937,540

616,707

463,304

280,481

121,326

54,531

36,699

Selling expenses

131,561

109,460

94,957

66,984

52,998

36,672

15,769

7,269

4,884

General and administrative

77,380

70,345

55,662

43,158

34,260

23,744

13,604

6,096

5,125

Income from unconsolidated LGI/GTIS Joint Ventures

-

-

-

-

-

-

4,287

1,526

714

Operating income

227,538

200,111

169,801

111,471

79,674

42,371

16,384

9,851

4,461

Loss on extinguishment of debt

-169

-3,599

0

0

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

51

1

28

Gain on remeasurement of interests in LGI/GTIS Joint Ventures

-

-

-

-

-

-

6,446

0

0

Other income, net

4,463

2,586

1,601

2,201

606

708

24

173

203

Net income before income taxes

231,832

199,098

171,402

113,672

80,280

43,079

22,803

10,023

4,637

Income tax provision

53,224

43,812

58,096

38,641

27,450

14,868

1,066

155

124

Net income

-

-

-

-

-

-

21,737

9,868

4,512

Loss attributable to non-controlling interests

-

-

-

-

-

-

-590

163

1,161

Net income

178,608

155,286

113,306

75,031

52,830

28,211

22,327

9,705

3,350

Earnings per share:
Basic (in dollars per share)

7.70

6.89

5.24

3.61

2.65

1.37

-

-

-

Diluted (in dollars per share)

7.02

6.24

4.73

3.41

2.44

1.33

-

-

-

Weighted average shares outstanding:
Basic (in shares)

23,191

22,551

21,604

20,798

19,939

20,666

-

-

-

Diluted (in shares)

25,430

24,892

23,933

22,024

21,740

21,202

-

-

-