M.D.C. Holdings, Inc. (MDC) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments474470505283181154199
Cash and cash equivalents474470505283181154199
Inventory, net of allowances, customer advances and progress billings    1,7641,6681,412
Inventory    1,7641,6681,412
Deferred costs    6136
Disposal group, including discontinued operation     14 
Other current assets    421
Total current assets:4744705052831,9551,8501,617
Noncurrent Assets
Inventory, real estate55555868781,747
Property, plant and equipment60582628283031
Intangible assets, net (including goodwill)    666
Goodwill    666
Total noncurrent assets:11611384961121,78437
Other undisclosed assets2,7482,4182,1912,150349(1,275)941
TOTAL ASSETS:3,3383,0012,7802,5292,4162,3582,595
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Liability for uncertainty in income taxes91010010
Total current liabilities:91010010
Noncurrent Liabilities
Other undisclosed liabilities1,5471,4151,3731,2081,1591,1291,382
Total liabilities:1,5561,4251,3731,2091,1601,1301,382
Stockholders' equity
Stockholders' equity attributable to parent1,7821,5761,4071,3201,2561,2281,213
Common stock1111000
Additional paid in capital1,3491,1681,145984916910908
Accumulated other comprehensive income  422161012
Retained earnings433407258314324307293
Total stockholders' equity:1,7821,5761,4071,3201,2561,2281,213
TOTAL LIABILITIES AND EQUITY:3,3383,0012,7802,5292,4162,3582,595

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3,2933,0652,5782,3271,9091,695 
Cost of revenue(14)(33)(10)(10)(16)(8)7
Cost of goods and services sold(1)(22)(10)(10)(10)(2) 
Liability for future policy benefits, period expense (income)(13)(11)  (6)(6)7
Gross profit:3,2803,0322,5682,3171,8931,6867
Operating expenses(39)(36)  (20)(12)(11)
Operating income (loss):3,2412,9962,5682,3171,8721,674(4)
Nonoperating income (expense)
(Investment Income, Nonoperating)
  18(1)(3)4 
Interest and debt expense     (19)(2)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(2,936)(2,732)(2,356)(2,163)(1,767)(1,559)136
Income from continuing operations before income taxes:305264230152101100130
Income tax expense (benefit)(67)(53)(88)(49)(36)(37)185
Net income attributable to parent:2382111421036663314
Undistributed earnings (loss) allocated to participating securities, basic(1)(1)(0)
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)   
Net income available to common stockholders, diluted:2372101411036663314

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:2382111421036663314
Other undisclosed comprehensive income (loss)  (18)65(1)7
Comprehensive income, net of tax, attributable to parent:2382111241107162321

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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