Mdc holdings inc (MDC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues

3,293,253

3,065,216

2,577,614

2,326,844

-

-

-

-

-

-

-

-

Home sale revenues

-

-

-

-

-

-

-

-

-

-

837,054

1,358,148

Land sale revenues

-

-

-

-

-

-

-

-

-

-

30,730

60,050

Home cost of sales

-

-

-

-

-

-

-

-

-

-

686,854

1,184,865

Land cost of sales

-

-

-

-

-

-

-

-

-

-

25,038

53,847

Inventory impairments

935

21,850

10,010

10,173

9,993

1,760

919

1,100

12,965

-

30,986

298,155

Other revenue

-

-

-

-

-

-

-

-

-

-

30,519

39,910

Home sale revenues

-

-

-

-

-

-

-

-

-

-

898,303

1,458,108

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

162,485

191,574

Interest and other income

-

-

-

-

-

-

-

-

-

-

-

35,788

Realized gain from the sale of metropolitan district bond securities (related party)

-

-

-

-

0

-

-

-

-

-

-

-

Other expense

-

-

-

-

-

-

-

-

-

-

-

38

Other-than-temporary impairment of marketable securities

-

-

-

1,400

3,969

4,293

-

-

-

-

-

-

Losses on early extinguishments of debt

-

-

-

-

-

-18,153

-

-

-

-

-

-

Pretax income

304,989

263,854

229,732

151,781

101,424

100,475

129,825

61,115

-107,472

-70,601

-107,335

-382,135

Marketing expenses

-

-

-

-

-

-

-

-

-

-

36,371

71,882

Commission expenses

-

-

-

-

-

-

-

-

-

-

31,002

50,295

Interest expense

-

-

-

-

-

685

1,726

808

20,842

38,157

38,582

18,318

Other operating expenses

-

-

-

-

-

-

-

-

-

-

6,661

7,115

Related party expenses

-

-

-

-

-

-

-

-

-

-

-

18

Total operating costs and expenses

-

-

-

-

-

-

-

-

-

-

979,397

1,857,751

Loss from operations

-

-

-

-

-

-

-

-

-

-

-81,094

-399,643

Other income (expense), net

-

-

-

-

-

-

-

-

-

-

12,341

-

Net gain on marketable equity securities

-

-

-

1,074

-911

-

-

-

-

-

-

-

Income before income taxes

304,989

263,854

229,732

151,781

101,424

100,475

129,825

61,115

-107,472

-70,601

-107,335

-382,135

Provision for income taxes

66,677

53,074

87,897

48,570

35,633

37,332

-184,560

-1,584

-9,082

5,831

-132,014

-1,590

Net income

238,312

210,780

141,835

103,211

65,791

63,143

314,385

62,699

-98,390

-64,770

24,679

-380,545

Other comprehensive loss related to available-for-sale securities, net of tax

0

0

-18,079

6,356

5,260

-1,120

6,737

12,078

-12,124

4,884

-

-

Comprehensive income

238,312

210,780

123,756

109,567

71,051

62,023

321,122

74,777

-110,514

-59,886

-

-

Earnings per share:
Basic (in dollars per share)

3.84

3.46

2.35

1.86

1.19

1.23

6.39

1.29

-2.12

-1.40

0.52

-8.25

Diluted (in dollars per share)

3.72

3.39

2.30

1.85

1.18

1.23

6.34

1.29

-2.12

-1.40

0.52

-8.25

Weighted average common shares outstanding:
Basic (in shares)

61,616

60,571

60,117

55,389

55,298

51,046

48,453

47,660

46,796

46,627

-

-

Diluted (in shares)

63,702

61,830

61,453

55,562

55,528

51,258

48,831

47,834

46,796

46,627

-

-

Dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

1.00

1.00

1.00

1.00

Homebuilding Segment [Member]
Revenues

3,205,248

2,981,811

2,503,242

2,262,853

-

-

-

-

-

-

-

-

Cost of sales

2,601,131

2,436,989

2,088,283

1,899,430

-

-

-

-

-

-

-

-

Inventory impairments

935

21,850

10,010

10,173

-

-

-

-

-

-

-

-

Gross margin

604,117

544,822

414,959

363,423

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

362,790

329,801

287,488

250,540

-

-

-

-

-

-

-

-

Interest and other income

9,070

7,718

61,336

6,033

-

-

-

-

-

-

-

-

Other expense

5,635

5,245

2,868

3,447

-

-

-

-

-

-

-

-

Other-than-temporary impairment of marketable securities

-

-

-

1,070

-

-

-

-

-

-

-

-

Pretax income

244,762

217,494

185,939

115,378

-

-

-

-

-

-

-

-

Net realized gains (losses) from the sales of marketable securities

-

-

-

979

-

-

-

-

-

-

-

-

Income before income taxes

244,762

217,494

185,939

-

-

-

-

-

-

-

-

-

Other comprehensive loss related to available-for-sale securities, net of tax

0

0

-18,079

-

-

-

-

-

-

-

-

-

Financial Services Segment [Member]
Revenues

88,005

83,405

74,372

63,991

-

-

-

-

-

-

-

-

Interest and other income

17,223

1,155

3,955

-

-

-

-

-

-

-

-

-

Other-than-temporary impairment of marketable securities

-

-

-

373

-

-

-

-

-

-

-

-

Pretax income

60,227

46,360

43,793

36,403

-

-

-

-

-

-

-

-

Expenses

45,001

38,200

34,534

30,920

-

-

-

-

-

-

-

-

Other income (expense), net

17,223

1,155

3,955

3,705

-

-

-

-

-

-

-

-

Income before income taxes

60,227

46,360

43,793

-

-

-

-

-

-

-

-

-