| Cash Flow | 2025-07-31 |
|---|---|
| Gain on extinguishment of debt | 399 |
| Income from unconsolidated joint ventures | 33,759 |
| Net income | 64,532 |
| Depreciation | 8,513 |
| Stock-based compensation | 14,124 |
| Amortization of debt discounts, premiums and deferred financing costs | -1,777 |
| Gain on sale of property and assets | 951 |
| Gain on consolidation of joint venture | 0 |
| Gain on inventory contributed to joint venture | 22,683 |
| Distributions of earnings from unconsolidated joint ventures | 3,460 |
| Inventory impairments and land option write-offs | 20,141 |
| Inventories | 45,586 |
| Receivables, deposits and notes | 2,163 |
| Origination of mortgage loans | 1,279,416 |
| Sale of mortgage loans | 1,297,796 |
| Deferred tax assets | -20,244 |
| Accounts payable, accrued interest and other liabilities | -8,328 |
| Customers deposits | -6,159 |
| State income tax payable | -8,384 |
| Net cash provided by (used in) operating activities | 19,205 |
| Proceeds from sale of property and assets | 1,523 |
| Purchase of property, equipment, and other fixed assets | 17,011 |
| Investment in and advances to unconsolidated joint ventures, net of reimbursements | 49,572 |
| Distributions of capital from unconsolidated joint ventures | 4,425 |
| Net cash used in investing activities | -60,635 |
| Proceeds from mortgages and notes | 152,747 |
| Payments related to mortgages and notes | 191,384 |
| Proceeds from model sale leaseback financing programs | 36,978 |
| Payments related to model sale leaseback financing programs | 13,806 |
| Proceeds from land bank financing programs | 159,819 |
| Payments related to land bank financing programs | 85,117 |
| Net (payments) proceeds related to mortgage warehouse lines of credit | -21,504 |
| Payments related to senior notes, senior secured notes and senior unsecured term loan | 26,588 |
| Preferred dividends paid | 8,007 |
| Treasury stock purchases | 30,302 |
| Deferred financing costs from land banking financing programs and note issuances | 3,353 |
| Net cash used in financing activities | -30,517 |
| Net decrease in cash and cash equivalents, and restricted cash and cash equivalents | -71,947 |
HOVNANIAN ENTERPRISES INC (HOVNP)
HOVNANIAN ENTERPRISES INC (HOVNP)