M.D.C. Holdings, Inc. (MDC) financial statements (2021 and earlier)

Company profile

Business Address 4350 S MONACO STREET
DENVER, CO 80237
State of Incorp. DE
Fiscal Year End December 31
SIC 1531 - Operative Builders (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 474470505283181154
Cash and cash equivalents 474470505283181154
Inventory, net of allowances, customer advances and progress billings     1,7641,668
Inventory     1,7641,668
Deferred costs     613
Disposal group, including discontinued operation      14
Other current assets     42
Total current assets: 4744705052831,9551,850
Noncurrent Assets
Inventory, real estate5355555868781,747
Property, plant and equipment62605826282830
Intangible assets, net (including goodwill)     66
Goodwill     66
Total noncurrent assets:11511611384961121,784
Other undisclosed assets3,7502,7482,4182,1912,150349(1,275)
TOTAL ASSETS:3,8653,3383,0012,7802,5292,4162,358
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Liability for uncertainty in income taxes99101001
Total current liabilities:99101001
Noncurrent Liabilities
Other undisclosed liabilities1,7361,5471,4151,3731,2081,1591,129
Total liabilities:1,7451,5561,4251,3731,2091,1601,130
Stockholders' equity
Stockholders' equity attributable to parent2,1201,7821,5761,4071,3201,2561,228
Common stock1111100
Additional paid in capital1,4081,3491,1681,145984916910
Accumulated other comprehensive income   4221610
Retained earnings712433407258314324307
Total stockholders' equity:2,1201,7821,5761,4071,3201,2561,228
TOTAL LIABILITIES AND EQUITY:3,8653,3383,0012,7802,5292,4162,358

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,9013,2933,0652,5782,3271,9091,695
Cost of revenue(15)(14)(33)(10)(10)(16)(8)
Cost of goods and services sold (1)(22)(10)(10)(10)(2)
Liability for future policy benefits, period expense (income)(15)(13)(11)  (6)(6)
Gross profit:3,8863,2803,0322,5682,3171,8931,686
Operating expenses(44)(39)(36)  (20)(12)
Operating income:3,8423,2412,9962,5682,3171,8721,674
Nonoperating income (expense)
(Investment Income, Nonoperating)
   18(1)(3)4
Interest and debt expense      (19)
Other undisclosed loss from continuing operations before equity method investments, income taxes(3,384)(2,936)(2,732)(2,356)(2,163)(1,767)(1,559)
Income from continuing operations before income taxes:458305264230152101100
Income tax expense(90)(67)(53)(88)(49)(36)(37)
Net income attributable to parent:3682382111421036663
Undistributed earnings (loss) allocated to participating securities, basic(2)(1)(1)(0)
Other undisclosed net loss available to common stockholders, basic(1)(0)(0)(0)(0)  
Net income available to common stockholders, diluted:3652372101411036663

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:3682382111421036663
Other undisclosed comprehensive income (loss)   (18)65(1)
Comprehensive income, net of tax, attributable to parent:3682382111241107162

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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