| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 734,174 | 800,398 | ||
| Mortgage loans held for sale | 239,585 | 280,867 | ||
| Inventory | 3,412,830 | 3,286,606 | ||
| Property and equipment - net | 32,668 | 33,749 | ||
| Investment in joint venture arrangements | 81,514 | 67,466 | ||
| Operating lease right-of-use assets | 50,322 | 56,403 | ||
| Deferred income tax assets, net | 13,451 | 13,451 | ||
| Goodwill | 16,400 | 16,400 | ||
| Other assets | 188,600 | 184,699 | ||
| Total assets | 4,769,544 | 4,740,039 | ||
| Notes payable bank - homebuilding operations | - | 0 | ||
| Accounts payable | 257,981 | 252,476 | ||
| Customer deposits | 61,602 | 72,160 | ||
| Operating lease liabilities | 51,968 | 57,997 | ||
| Other liabilities | 293,716 | 281,230 | ||
| Community development district obligations | 8,747 | 9,867 | ||
| Obligation for consolidated inventory not owned | 18,122 | 12,586 | ||
| Notes payable bank - financial service operations | 231,979 | 275,926 | ||
| Senior notes due 2028 - net | 398,233 | 398,040 | ||
| Senior notes due 2030 - net | 297,747 | 297,621 | ||
| Total liabilities | 1,620,095 | 1,657,903 | ||
| Common shares - 0.01 par value authorized 58,000,000 shares at both september30, 2025 and december31, 2024 issued 30,137,141 shares at both september30, 2025 and december31, 2024 | 301 | 301 | ||
| Additional paid-in capital | 339,812 | 344,536 | ||
| Retained earnings | 3,204,043 | 3,097,553 | ||
| Treasury shares - at cost - 3,988,632 and 3,074,118 shares at september30, 2025 and december31, 2024, respectively | 394,707 | 360,254 | ||
| Total shareholders' equity | 3,149,449 | 3,082,136 | ||
| Total liabilities and shareholders' equity | 4,769,544 | 4,740,039 | ||
M I HOMES, INC. (MHO)
M I HOMES, INC. (MHO)