HOVVB Financials 07/15/2014 20:48:04 Hovnanian En
Post# of 3
Hovnanian Enterprises, Inc.
Period Ending Oct 31, 2013 Oct 31, 2012 Oct 31, 2011 Oct 31, 2010
Total Revenue 1,851,253 1,485,353 1,134,907 1,371,842
Cost of Revenue 1,528,298 1,270,517 1,111,697 1,347,262
Gross Profit 322,955 214,836 23,210 24,580
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 220,956 194,524 216,199 247,946
Non-Recurring Items - - - -
Other - - - -
Operating Income 101,999 20,312 (192,989) (223,366)
Income From Continuing Operations
Add'l Income/Expense Items (760) (29,066) 7,528 25,047
Earnings Before Interest and Tax 113,279 (3,353) (194,419) (197,363)
Interest Expense 91,344 97,895 97,169 97,919
Earnings Before Tax 21,935 (101,248) (291,588) (295,282)
Income Tax (9,360) (35,051) (5,501) (297,870)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 12,040 5,401 (8,958) 956
Net Income Cont. Operations 42,575 (89,862) (287,517) 28,591
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 31,295 (66,197) (286,087) 2,588
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 31,295 (66,197) (286,087) 2,588