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  • Jul 18, 2000
    - Record quarterly earnings per share of $1.32 vs. $1.10 a year ago - Highest quarterly net income in Company history - Record homebuilding profits of $52.4 million, up 19% - Record home gross margins of 22.2%, a 240 basis point increase - Debt-to-capital ratio reduced to .39 - Six-month interest coverage increased to 10.4 from 8.8

    M.D.C. Holdings, Inc. (www.RichmondAmerican.com), whose subsidiaries build homes under the name "Richmond American Homes," today announced net income for the three months ended June 30, 2000 of...