CCS — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-07-23

• availability, terms and deployment of our capital and possible challenges to our capital allocation;

• Market conditions in the homebuilding industry have continued to be impacted by elevated mortgage rates, macro-economic and geopolitical uncertainty, cautious homebuyer sentiment, and ongoing affordability pressures for homebuyers. Against this backdrop, there remains an underlying need for affordab…

• During the three and six months ended June 30, 2026, we generated $49.1 million and $82.4 million in income before income tax expense, as compared to $47.1 million and $99.6 million in the respective prior year periods. During the three and six months ended June 30, 2026, we generated net income of …

• For the three and six months ended June 30, 2026, our Financial Services segment generated income before income tax expense of $9.9 million and $17.5 million, respectively, as compared to $6.2 million and $8.6 million in the respective prior year periods. During the three months ended June 30, 2026,…

• During the three and six months ended June 30, 2026, our Mountain segment generated income before income tax expense of $13.5 million and $22.2 million, respectively, representing decreases of 11.0% and 42.4%, respectively, as compared to the respective prior

Text removed vs the prior filing · source: 10-Q · 2026-04-23

• Market conditions in the homebuilding industry have continued to be impacted by elevated mortgage rates, macro-economic and geopolitical uncertainty, and ongoing affordability pressures for homebuyers. Against this backdrop, including volatility in fuel and transportation prices related to the globa…

• During the three months ended March 31, 2026, we generated $33.3 million in income before income tax expense, as compared to $52.5 million in the prior year period. During the three months ended March 31, 2026, we generated net income of $24.4 million, or $0.84 per diluted share, as compared to $39.…

• For the three months ended March 31, 2026, our Financial Services segment generated income before income tax expense of $7.6 million as compared to $2.4 million in the prior year period, primarily driven by favorable fair value adjustments during the period. During the three months ended March 31, 2…

• During the three months ended March 31, 2026, our Mountain segment generated income before income tax expense of $8.8 million, representing a decrease of 62.6% compared to the prior year period, which was primarily driven by a decrease in revenue and homebuilding gross margin. During the three month…

• per home decrease was driven by increased use of incentives. During the three months ended March 31, 2026, homebuilding gross margin decreased from the prior year period, due primarily to increased use of incentives as compared to the prior year period.