Dream Finders Homes Inc
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
DFH$11.87-7.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
Three and nine months ended September 30, 2024
(In thousands, except share amounts) (Unaudited)
| Dream Finders Homes, Inc. Stockholders' Equity | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock - Class A · Common Stock - Class B · AdditionalPaid-in Capital · RetainedEarnings · Treasury Stock · TotalNon-ControllingInterests · Total Equity · Redeemable PreferredStock · Redeemable Noncontrolling Interest | |||||||||||||||||||
| Shares Outstanding · Amount · Shares Outstanding · Amount · Shares · Amount | |||||||||||||||||||
| Balance as of June 30, 2024 | 34,430,244 | $345 | 59,226,153 | $592 | $271,296 | $777,099 | $(1,846) | $4,095 | $1,051,581 | 150,000 | $148,500 | $21,451 | |||||||
| Stock-based compensation | — | — | — | — | 5,135 | — | — | — | 5,135 | — | — | — | |||||||
| Vesting of stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Withholding of common stock for taxes | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Repurchases of common stock | (180,164) | — | — | — | — | — | (4,824) | — | (4,824) | — | — | — | |||||||
| Distributions | — | — | — | — | — | — | — | (400) | (400) | — | — | — | |||||||
| Preferred stock dividends declared | — | — | — | — | — | (3,375) | — | — | (3,375) | — | — | — | |||||||
| Noncontrolling interest issued in business combination | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Net and comprehensive income | — | — | — | — | — | 70,651 | — | 993 | 71,644 | — | — | — | |||||||
| Balance as of September 30, 2024 | 34,250,080 | $345 | 59,226,153 | $592 | $276,431 | $844,375 | $(6,670) | $4,688 | $1,119,761 | 150,000 | $148,500 | $21,451 | |||||||
| Dream Finders Homes, Inc. Stockholders' Equity | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock - Class A · Common Stock - Class B · AdditionalPaid-in Capital · RetainedEarnings · Treasury Stock · TotalNon-ControllingInterests · Total Equity · Redeemable PreferredStock · Redeemable Noncontrolling Interest | |||||||||||||||||||||||
| Shares Outstanding · Amount · Shares Outstanding · Amount · Shares · Amount | |||||||||||||||||||||||
| Balance as of December 31, 2023 | 32,882,124 | $329 | 60,226,153 | $602 | $275,241 | $648,412 | $— | $13,066 | $937,650 | 150,000 | $148,500 | $— | |||||||||||
| Stock-based compensation | — | — | — | — | 13,660 | — | — | — | 13,660 | — | — | — | |||||||||||
| Vesting of stock-based compensation | 952,669 | 9 | — | — | (9) | — | — | — | — | — | — | — | |||||||||||
| Withholding of common stock for taxes | (332,716) | (3) | — | — | (12,461) | — | — | — | (12,464) | — | — | — | |||||||||||
| Class B common stock exchanged for Class A common stock | 1,000,000 | 10 | (1,000,000) | (10) | — | — | — | — | — | — | — | — | |||||||||||
| Repurchases of common stock | (251,997) | — | — | — | — | — | (6,670) | — | (6,670) | — | — | — | |||||||||||
| Distributions | — | — | — | — | — | — | — | (12,380) | (12,380) | — | — | — | |||||||||||
| Preferred stock dividends declared | — | — | — | — | — | (10,125) | — | — | (10,125) | — | — | — | |||||||||||
| Noncontrolling interest issued in business combination | — | — | — | — | — | — | — | — | — | — | — | 21,451 | |||||||||||
| Net and comprehensive income | — | — | — | — | — | 206,088 | — | 4,002 | 210,090 | — | — | — | |||||||||||
| Balance as of September 30, 2024 | 34,250,080 | $345 | 59,226,153 | $592 | $276,431 | $844,375 | $(6,670) | $4,688 | $1,119,761 | 150,000 | $148,500 | $21,451 | |||||||||||
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Continued)
Three and nine months ended September 30, 2023
(In thousands, except share amounts) (Unaudited)
| Dream Finders Homes, Inc. Stockholders' Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock - Class A · Common Stock - Class B · AdditionalPaid-in Capital · RetainedEarnings · TotalNon-ControllingInterests · Total Equity · Redeemable Preferred Stock | ||||||||||
| Shares Outstanding · Amount · Shares Outstanding · Amount · Shares · Amount | ||||||||||
| Balance as of June 30, 2023 | 32,882,124 | $329 | 60,226,153 | $602 | $270,529 | $476,663 | $14,501 | $762,624 | 157,143 | $156,855 |
| Stock-based compensation | — | — | — | — | 3,812 | — | — | 3,812 | — | — |
| Vesting of stock-based compensation | — | — | — | — | — | — | — | — | — | — |
| Withholding of common stock for taxes | — | — | — | — | — | — | — | — | — | — |
| Distributions | — | — | — | — | — | — | (2,629) | (2,629) | — | — |
| Redemption of Series B preferred units | — | — | — | — | (2,912) | 343 | — | (2,569) | (7,143) | (8,508) |
| Preferred stock dividends declared | — | — | — | — | — | (3,113) | — | (3,113) | — | — |
| Net and comprehensive income | — | — | — | — | — | 75,944 | 3,503 | 79,447 | — | 153 |
| Balance as of September 30, 2023 | 32,882,124 | $329 | 60,226,153 | $602 | $271,429 | $549,837 | $15,375 | $837,572 | 150,000 | $148,500 |
| Dream Finders Homes, Inc. Stockholders' Equity | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock - Class A · Common Stock - Class B · AdditionalPaid-in Capital · RetainedEarnings · TotalNon-ControllingInterests · Total Equity · Redeemable Preferred Stock | ||||||||||||||||||
| Shares Outstanding · Amount · Shares Outstanding · Amount · Shares · Amount | ||||||||||||||||||
| Balance as of December 31, 2022 | 32,533,883 | $325 | 60,226,153 | $602 | $264,381 | $365,994 | $12,970 | $644,272 | 157,143 | $156,421 | ||||||||
| Stock-based compensation | — | — | — | — | 10,286 | — | — | 10,286 | — | — | ||||||||
| Vesting of stock-based compensation | 371,841 | 4 | — | — | (4) | — | — | — | — | — | ||||||||
| Withholding of common stock for taxes | (23,600) | — | — | — | (322) | — | — | (322) | — | — | ||||||||
| Distributions | — | — | — | — | — | — | (6,638) | (6,638) | — | — | ||||||||
| Redemption of Series B preferred units | — | — | — | — | (2,912) | 343 | — | (2,569) | (7,143) | (8,508) | ||||||||
| Preferred stock dividends declared | — | — | — | — | — | (9,863) | — | (9,863) | — | — | ||||||||
| Net and comprehensive income | — | — | — | — | — | 193,363 | 9,043 | 202,406 | — | 587 | ||||||||
| Balance as of September 30, 2023 | 32,882,124 | $329 | 60,226,153 | $602 | $271,429 | $549,837 | $15,375 | $837,572 | 150,000 | $148,500 | ||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.