- Record quarterly earnings per share of $1.56 vs. $1.20 a year ago - Highest second quarter and first half net income in Company history - Record revenues, home closings and quarter-end backlog - Second quarter homebuilding profits of $70 million, up 34% - Record home gross margins of 23.7%, a 150 basis point increase - Net debt-to-capital ratio reduced to .34 from .37 - Interest coverage increased to 13.3 from 10.5
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced net income for the three months ended June 30, 2001 of $38.8 million, or $1.56 per share, the highest second quarter net income in...
The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance
Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are
owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of
RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service
from one company, you are not required to utilize the services of, or obtain products from, the other
company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect
your ability to obtain products and services from these companies. See licensing information.
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