News
/C O R R E C T I O N - M.D.C. Holdings, Inc./
PRNewswire
In the news release, M.D.C. Holdings Announces Third Quarter Earnings; Reports Quarterly Home Orders and Quarter-end Backlog, issued earlier today by M.D.C. Holdings, Inc.
M.D.C. HOLDINGS, INC.
Information on Segments
(Dollars in thousands)
(Unaudited)
Three Months Nine Months
Ended September 30, Ended September 30,
2006 2005 2006 2005
REVENUE
West $653,932 $631,171 $2,061,708 $1,734,412
Mountain 168,193 228,024 519,107 603,756
East 137,050 185,504 444,765 470,220
Other Homebuilding 105,553 105,558 374,299 293,266
Total
Homebuilding 1,064,728 1,150,257 3,399,879 3,101,654
Financial Services
and Other 18,105 17,318 57,969 44,955
Corporate 60 237 675 1,459
Consolidated $1,082,893 $1,167,812 $3,458,523 $3,148,068
INCOME BEFORE TAXES
West $53,762 $135,954 $274,642 $385,522
Mountain 9,320 19,161 25,183 49,496
East 23,911 54,467 85,691 123,009
Other Homebuilding (4,660) 1,732 237 1,099
Total
Homebuilding 82,333 211,314 385,753 559,126
Financial Services
and Other 12,989 9,600 35,161 18,897
Corporate (18,901) (27,588) (69,778) (84,791)
Consolidated $76,421 $193,326 $351,136 $493,232
September 30, December 31,
2006 2005
TOTAL ASSETS
West $2,185,038 $2,113,384
Mountain 552,551 466,362
East 395,879 368,848
Other Homebuilding 323,079 359,151
Total
Homebuilding 3,456,547 3,307,745
Financial Services
and Other 261,610 253,365
Corporate 237,886 298,740
Consolidated $3,956,043 $3,859,850
PRNewswire-FirstCall -- Oct. 24
SOURCE: M.D.C. Holdings, Inc.
