LGIH: the cashflow

MyFinsight

For the year ending 2025-12-31, LGIH had $8,050K increase in cash & cash equivalents over the period. -$140,897K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income	72,552
Equity in income of unconsolidated entities	1,928
Distributions of earnings from unconsolidated entities	4,801
Depreciation and amortization	4,322
Gain on disposal of assets	2,598
Compensation expense for equity awards	6,001
Inventory impairment	6,717
Deferred income taxes	633
Accounts receivable	3,750
Real estate inventory	257,041
Pre-acquisition costs and deposits	-7,099
Other assets	-60,420
Accounts payable	-17,092
Accrued expenses and other liabilities	-18,843
Net cash used in operating activities	-139,973
Purchases of property and equipment	924
Proceeds from sale of property and equipment	24,700
Investment in unconsolidated entities	4,451
Return of capital from unconsolidated entities	8,613
Net cash provided by (used in) investing activities	27,938
Proceeds from notes payable	668,695
Payments on notes payable	493,000
Proceeds from financing arrangements	0
Payments on financing arrangements	29,937
Loan issuance costs	5,641
Proceeds from sale of stock, net of offering expenses	3,607
Stock repurchase	23,639
Net cash provided by financing activities	120,085
Net increase in cash and cash equivalents	8,050
Cash and cash equivalents, beginning of period	53,197
Cash and cash equivalents, end of period	61,247

Unit: Thousand (K) dollars