$SPF..•995 new home deliveries, up 5%.. Net i
Post# of 63696
Net income of $38.2 million, or $0.09 per diluted share, vs. $21.8 million, or $0.05 per diluted share
•Pretax income of $61.6 million, up 74%
•Net new orders of 1,311, down 6%; Dollar value of net new orders up 16%
•Backlog of 2,016 homes, up 9%; Dollar value of backlog up 39%
•174 average active selling communities, up 10%
•Home sale revenues of $446.9 million, up 26%
•Average selling price of $449 thousand, up 20%
•995 new home deliveries, up 5%
•Gross margin from home sales of 26.6%, compared to 21.0%
•Operating margin from home sales of $60.1 million, or 13.4%, compared to $28.2 million, or 7.9%
•$224.1 million of land purchases and development costs, compared to $124.4 million
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