Company: LGIH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001580670-25-000058
Chunk: 82

Company: LGI Homes, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 82
---
 shares of our common stock at a total cost, including commissions and excise taxes, of $20.6 million and 409,253 shares of our common stock at a total cost, including commissions and excise taxes, of $23.6 million, respectively, to be held as treasury stock. During the three and six months ended June 30, 2024, we repurchased 83,763 shares of our common stock at a total cost, including commissions and excise taxes, of $8.0 million and 172,990 shares of our common stock at a total cost, including commissions and excise taxes, of $18.0 million, respectively, to be held as treasury stock.  A total of 3,656,592 shares of our common stock has been repurchased since our stock repurchase program commenced in 2022. As of June 30, 2025, we may purchase up to $157.3 million of shares of our common stock under our stock repurchase program. 

13

7.     EARNINGS PER SHARE 

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024: Three Months Ended June 30,Six Months Ended June 30,2025202420252024Numerator (in thousands):Net income (Numerator for basic and dilutive earnings per share)$31,533 $58,573 $35,527 $75,626 Denominator:       Basic weighted average shares outstanding23,221,565 23,543,378 23,308,534 23,560,977        Effect of dilutive securities:         Stock-based compensation units43,497 59,933 56,423 74,139        Diluted weighted average shares outstanding23,265,062 23,603,311 23,364,957 23,635,116 Basic earnings per share$1.36 $2.49 $1.52 $3.21 Diluted earnings per share$1.36 $2.48 $1.52 $3.20 Antidilutive non-vested restricted stock units excluded from calculation of diluted earnings per share 39,700 3,399 16,340 16,972 

8.    STOCK-BASED COMPENSATION

Non