Company: LGIH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001580670-25-000058
Chunk: 35

Company: LGI Homes, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 and allocate resources for all of our reportable segments based on net income before income taxes. For all of the segments, the CODMs use segment income before income tax expense in the annual budget and forecasting process. These operating results are reviewed against actual and forecasted figures, with income before income taxes being the key operating metric used to measure profit or loss.

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Financial information relating to our reportable segments was as follows (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues:Central$112,986 $173,434 $214,132 $277,170 Southeast150,110 135,418 251,792 251,863 Northwest53,487 68,125 87,724 104,192 West100,339 128,155 167,295 201,234 Florida66,563 97,365 113,962 158,889 Total home sales revenues$483,485 $602,497 $834,905 $993,348 Cost of sales:Central$86,661 $132,712 $167,176 $212,194 Southeast115,423 95,343 193,144 180,403 Northwest41,518 51,727 69,940 80,522 West75,533 95,742 127,328 153,460 Florida53,742 76,089 92,996 124,484 Total cost of sales$372,877 $451,613 $650,584 $751,063 Other segment items(1):Central$17,266 $19,265 $40,993 $40,164 Southeast16,518 16,007 32,359 31,777 Northwest9,772 8,720 14,381 16,482 West14,065 15,588 26,741 28,054 Florida10,890 13,657 21,497 24,731 Corporate(2)$57 $764 $586 $1,100 Total other segment items$68,568 $74,001 $136,557 $142,308 Net income (loss) before income taxes:Central$9,059 $21,457 $5,963 $24,812