LGI HOMES, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.50B | $1.26B | $838.3M | $630.2M | $383.3M | $162.8M | $76.2M | $50.5M |
| Cost of Revenue | $1.12B | $937.5M | $616.7M | $463.3M | $280.5M | $121.3M | $54.5M | $36.7M |
| Gross Profit | $379.9M | $320.4M | $221.6M | $166.9M | $102.8M | $41.5M | $21.7M | $13.8M |
| Gross Margin | 25.3% | 25.5% | 26.4% | 26.5% | 26.8% | 25.5% | 28.5% | 27.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $70.3M | $55.7M | $43.2M | $34.3M | $23.7M | $13.6M | $6.1M | $5.1M |
| Operating Income | $200.1M | $169.8M | $111.5M | $79.7M | $42.4M | $16.4M | $9.9M | $4.5M |
| Operating Margin | 13.3% | 13.5% | 13.3% | 12.6% | 11.1% | 10.1% | 12.9% | 8.8% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $51.0K | $1.0K | $28.2K |
| Pretax Income | $199.1M | $171.4M | $113.7M | $80.3M | $43.1M | $22.8M | $10.0M | $4.6M |
| Income Tax Expense | $43.8M | $58.1M | $38.6M | $27.5M | $14.9M | $1.1M | $155.0K | $124.9K |
| Net Income | $155.3M | $113.3M | $75.0M | $52.8M | $28.2M | $22.3M | $9.7M | $3.4M |
| Net Margin | 10.3% | 9.0% | 9.0% | 8.4% | 7.4% | 13.7% | 12.7% | 6.6% |
| EPS (Basic) | $6.89 | $5.24 | $3.61 | $2.65 | $1.37 | — | — | — |
| EPS (Diluted) | $6.24 | $4.73 | $3.41 | $2.44 | $1.33 | — | — | — |
| Shares Outstanding (Basic) | 22.6M | 21.6M | 20.8M | 19.9M | 20.7M | 20.8M | — | — |
| Shares Outstanding (Diluted) | 24.9M | 23.9M | 22.0M | 21.7M | 21.2M | 20.8M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |