{"schema_version":"secwatch.filing_event.v1","accession":"0001580670-24-000026","form_type":"8-K","ticker":"LGIH","cik":"0001580670","company_name":"LGI Homes, Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.061656+00:00","generated_at":"2026-06-03T04:24:48.715748+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":"high","headline":"LGI Homes Q1 net income $17.1M ($0.72 EPS); gross margin up 310 bps to 23.4%","bullets":["Home sales revenues $390.9M; closings 1,083 homes; average price $360,897.","Net income $17.1M ($0.72 diluted EPS); gross margin 23.4% (up 310 bps YoY).","Adjusted gross margin (non-GAAP) 25.3% (up 320 bps YoY).","Active selling communities at quarter-end: 120 (record, +21.2% YoY); owned/controlled lots 70,145.","Repurchased 89,227 shares for $10M in Q1; total liquidity $491.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001580670-24-000026","json":"https://secwatch.observer/filing/0001580670-24-000026.json","markdown":"https://secwatch.observer/filing/0001580670-24-000026.md","text":"https://secwatch.observer/filing/0001580670-24-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580670/000158067024000026/0001580670-24-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580670/000158067024000026/lgih-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:24:48.715748+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":"3f788951f76c67ed221ac44da63c7ed7e7f1ff62","claim":"LGI Homes, Inc. reported three months ended March 31, 2024 results: revenue Home sales revenues of $390.9 million, net income Net income of $17.1 million, or $0.72 basic EPS and $0.72 diluted EPS.","evidence_excerpt":"NEWSWIRE) - LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Home sales revenues of $390.9 million • Home closings of 1,083 • Average sales price per home closed of $360,897 • Gross margin as a percentage of home sales revenues of 23.4% • Adjusted gross margin (non-GAAP) as a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580670/000158067024000026/0001580670-24-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"Home sales revenues of $390.9 million"},{"label":"Net income","value":"Net income of $17.1 million, or $0.72 basic EPS and $0.72 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"}