{"schema_version":"secwatch.filing_event.v1","accession":"0001580670-23-000071","form_type":"8-K","ticker":"LGIH","cik":"0001580670","company_name":"LGI Homes, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.502368+00:00","generated_at":"2026-06-16T03:30:29.993046+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"medium","headline":"LGI Homes Q1 net income $27M, EPS $1.14; net orders +12.5% YoY","bullets":["Net income $27.0M, diluted EPS $1.14; home sales revenue $487.4M on 1,366 closings.","Average sales price $356,777 (+4.5% YoY); gross margin 20.3% (adj. 22.1%).","Net orders 2,219 (+12.5% YoY); ending backlog 1,555 homes valued at $561.4M.","Total liquidity $358.8M ($43M cash + $315.8M revolver); net debt/cap 37.5%.","Management cites demand returning to normal; raising prices, expanding margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001580670-23-000071","json":"https://secwatch.observer/filing/0001580670-23-000071.json","markdown":"https://secwatch.observer/filing/0001580670-23-000071.md","text":"https://secwatch.observer/filing/0001580670-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000071/0001580670-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000071/lgih-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:30:29.993046+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"84d04f6c667b7321328b916ac4454c30e5a27dc2","claim":"LGI Homes, Inc. reported first quarter ended March 31, 2023 results: revenue $487.4 million, net income $27.0 million, EPS $1.14 Diluted EPS.","evidence_excerpt":"First Quarter 2023 Highlights • Net Income of $27.0 million, or $1.15 Basic EPS and $1.14 Diluted EPS • Net Income Before Income Taxes of $32.3 million • Home Sales Revenues of $487.4 million • Home Closings of 1,366 homes • Average Sales Price per Home Closed increased 4.5% from the first quarter of 2022 to $356,777 • Gross Margin as a Percentage of Homes Sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067023000071/0001580670-23-000071-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$487.4 million"},{"label":"Net income","value":"$27.0 million"},{"label":"EPS","value":"$1.14 Diluted EPS"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}