Company: LGIH
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001580670-25-000016
Chunk: 123

Company: LGI Homes, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 123
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770 

See accompanying notes to the consolidated financial statements.

54

LGI HOMES, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(In thousands, except share data)

Common StockAdditional Paid-In CapitalRetained EarningsTreasury StockTotal EquitySharesAmountBALANCE—December 31, 202126,963,915 $269 $291,577 $1,363,922 $(259,920)$1,395,848 Net income— — — 326,567 — 326,567 Stock repurchase— — — — (95,102)(95,102)Restricted stock units granted for accrued annual bonuses— — 294 — — 294 Compensation expense for equity awards— — 9,188 — — 9,188 Stock issued under employee incentive plans281,363 3 5,614 — — 5,617 BALANCE—December 31, 202227,245,278 $272 $306,673 $1,690,489 $(355,022)$1,642,412 Net income— — — 199,227 — 199,227 Restricted stock units granted for accrued annual bonuses— — 206 — — 206 Compensation expense for equity awards— — 8,926 — — 8,926 Stock issued under employee incentive plans275,842 3 5,257 — — 5,260 BALANCE—December 31, 202327,521,120 $275 $321,062 $1,889,716 $(355,022)$1,856,031 Net income— — — 196,071 — 196,071 Stock repurchase including excise tax— — — — (30,974)(30,974)Restricted stock units granted for accrued annual bonuses— — 786 — — 786 Compensation expense for equity awards— — 10,483 — — 10,483 Stock issued under employee incentive plans123,293 1 4,830 — — 4,831 BALANCE—December 31, 202427,644,413 $276 $337,161 $2,085,787 $(385,996)$2,