New home co inc. (NWHM)
Income statement / 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'13Jun'13Mar'13
Revenues:
Revenue

132,033

222,136

165,616

162,749

118,848

229,666

159,114

155,555

123,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales:
Cost of Sales

120,366

208,019

157,056

145,295

105,837

213,309

140,248

139,716

112,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales, impairments

-

-

3,600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Home sales

-

-

-

-

-

-

-

-

-

-

114,622

96,929

69,406

261,668

125,142

78,836

42,303

146,894

57,878

19,202

56,235

33,239

8,197

9,606

5,051

-2,544

11,515

8,552

18,139

Construction Revenue

-

-

-

-

-

-

-

-

-

-

43,309

47,181

55,617

60,781

52,761

30,028

42,937

47,732

29,099

26,429

46,630

39,745

20,408

12,897

20,512

-

9,655

10,561

-

Revenues

-

-

-

-

-

-

-

-

-

-

157,931

144,110

125,023

322,449

177,903

108,864

85,240

194,626

86,977

45,631

102,865

72,984

28,605

22,503

25,563

-

21,171

19,114

-

Home sales

-

-

-

-

-

-

-

-

-

-

95,992

82,488

60,065

221,700

105,799

69,390

36,670

122,485

48,741

16,598

47,408

28,021

6,922

7,917

3,982

-

9,561

7,094

-

Impairment of Real Estate Homes

-

-

-

-

-

-

-

-

-

-

0

1,300

-

2,350

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Real Estate Land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Fee building

-

-

-

-

-

-

-

-

-

-

41,808

45,899

53,926

58,040

50,832

28,317

40,914

43,663

27,028

25,209

43,777

37,193

19,389

13,023

19,451

-

7,876

9,848

-

Cost of Sales

-

-

-

-

-

-

-

-

-

-

137,800

129,687

113,991

283,240

156,631

97,707

77,584

-

-

-

-

-

-

-

-

-

-

-

-

Gross Margin:
Gross Profit Home Sales

-

-

-

16,939

-

-

-

14,782

9,743

-

18,630

13,141

9,341

37,618

19,343

9,446

5,633

-

-

-

-

-

-

-

-

-

-

-

-

Gross Profit Land Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Gross Profit Fee Building

-

-

-

515

-

-

-

1,057

1,095

-

1,501

1,282

1,691

2,741

1,929

1,711

2,023

-

-

-

-

-

-

-

-

-

-

-

-

Gross Margin

11,667

14,117

8,560

17,454

13,011

16,357

18,866

15,839

10,838

45,340

20,131

14,423

11,032

39,209

21,272

11,157

7,656

-

-

-

-

-

-

-

-

-

-

-

-

Abandoned project costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

13

86

-

166

163

159

Selling and marketing expenses

7,466

10,167

7,828

9,683

8,679

10,754

9,206

9,466

6,639

14,465

6,860

6,376

5,001

12,167

6,055

5,046

3,476

6,210

3,442

1,939

2,150

1,795

971

818

398

499

528

466

277

General and administrative expenses

6,023

7,130

5,361

5,841

7,391

7,784

6,184

5,979

6,019

9,180

6,465

5,595

5,090

8,406

6,468

5,833

5,175

7,200

5,105

4,313

3,660

4,391

3,149

2,601

2,278

2,984

1,858

1,181

1,081

Total expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,316

48,059

96,995

-

30,493

24,374

26,196

23,241

19,992

18,755

18,186

Equity in net income (loss) of unconsolidated joint ventures

-1,937

-3,809

-63

185

184

-19,902

34

-120

335

260

99

201

306

3,263

488

3,947

-7

4,587

4,056

3,256

1,868

7,448

50

171

773

3,045

1,037

380

271

Interest expense

718

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Project abandonment costs

14,036

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on early extinguishment of debt

-123

195

0

552

417

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guaranty fee income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

18

28

28

28

28

Other income (expense), net

223

-163

-86

-102

-188

-293

-110

-92

-26

-263

69

-148

113

181

-195

-286

-109

-183

-123

-413

-308

-822

17

12

-0

-871

-7

-25

0

Pretax loss

-18,413

-6,952

-4,778

2,565

-2,651

-22,376

3,400

182

-1,511

21,692

6,974

2,505

1,360

22,080

9,042

3,939

-1,111

19,472

6,594

415

7,430

8,351

-1,821

-1,686

158

3,764

2,236

742

252

Benefit for income taxes

-9,937

-3,953

-172

974

-664

-6,226

944

67

-860

11,222

2,656

988

524

8,306

3,465

1,495

-242

7,259

2,249

140

2,885

2,821

-556

-607

-1,412

-25

133

117

64

Net loss

-8,476

-2,999

-4,606

1,591

-1,987

-16,150

2,456

115

-651

10,470

4,318

1,517

836

13,774

5,577

2,444

-869

12,213

4,345

275

4,545

5,530

-1,265

-1,079

1,570

-

2,103

625

187

Net loss attributable to non-controlling interest

0

-1

18

19

0

0

-3

0

-11

-1

0

0

-10

-6

30

-65

-55

-13

-99

-174

-24

210

-206

-33

-0

0

0

0

0

Net loss attributable to The New Home Company Inc.

-8,476

-2,998

-4,624

1,572

-1,987

-16,150

2,459

115

-640

10,471

4,318

1,517

846

13,780

5,547

2,509

-814

12,226

4,444

449

4,569

5,320

-1,059

-1,045

1,571

3,789

2,103

625

187

Loss per share attributable to The New Home Company Inc.:
Basic (in dollars per share)

-0.42

-0.15

-0.23

0.08

-0.10

-0.79

0.12

0.01

-0.03

0.50

0.21

0.07

0.04

0.67

0.27

0.12

-0.04

0.71

0.27

0.03

0.28

0.31

-0.06

-0.06

0.11

0.51

0.24

0.07

0.03

Diluted (in dollars per share)

-0.42

-0.15

-0.23

0.08

-0.10

-0.79

0.12

0.01

-0.03

0.50

0.21

0.07

0.04

0.66

0.27

0.12

-0.04

0.70

0.27

0.03

0.28

0.31

-0.06

-0.06

0.11

0.51

0.24

0.07

0.03

Weighted average shares outstanding:
Basic (in shares)

19,951

20,098

20,096

20,070

19,986

20,238

20,693

20,958

20,924

20,885

20,876

20,869

20,767

20,721

20,711

20,709

20,599

17,549

16,516

16,516

16,487

16,882

16,448

16,448

13,931

8,660

8,636

8,412

5,913

Diluted (in shares)

19,951

20,073

20,096

20,095

19,986

20,103

20,762

21,024

20,924

21,126

20,999

20,956

20,899

21,008

20,797

20,760

20,599

17,783

16,733

16,672

16,574

17,034

16,448

16,448

13,944

8,660

8,636

8,412

5,913

Home Building [Member]
Revenue

95,659

173,921

118,781

140,464

99,186

187,258

119,874

117,460

79,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales

84,722

153,700

105,763

123,525

86,569

162,034

102,124

102,678

69,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales, impairments

-

6,600

1,700

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross Margin

10,937

13,621

11,318

-

12,617

-

17,750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pretax loss

-19,143

-

-

-

-3,045

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land [Member]
Revenue

147

17,091

24,573

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales

147

17,091

26,078

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales, impairments

-

0

1,900

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross Margin

0

0

-3,405

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Construction [Member]
Revenue

36,227

31,124

22,262

22,285

19,662

42,408

39,240

38,095

43,794

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales

35,497

30,628

21,615

21,770

19,268

41,275

38,124

37,038

42,699

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross Margin

730

496

647

-

394

-

1,116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pretax loss

730

-

-

-

394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-