LegacyTexas Financial Group, Inc. (LTXB) [Rocket]

Overview

LegacyTexas Financial Group, Inc. (LTXB)

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Recent News + Filings (All items)

Date Filed	Type	Description
11/18/2019	EFFECT	Form EFFECT - Notice of Effectiveness:
11/12/2019	15-12B	Form 15-12B - Securities registration termination [Section 12(b)]:
11/08/2019	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments:
11/08/2019	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments:
11/08/2019	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments:
11/08/2019	POS AM	Form POS AM - Post-Effective amendments for registration statement:
11/06/2019	SC 13G	ICS OPPORTUNITIES, LTD. reports a 0% stake in LEGACYTEXAS FINANCIAL GROUP, INC.

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
Revenues	346.0	315.6	307.3	260.4	153.8	140.1	145.4	117.1
Revenue growth	9.6%	2.7%	18.0%	69.4%	9.8%	-3.7%	24.1%	17.6%
Cost of goods sold	115.8	109.5	107.6	107.4	62.4	61.0	59.1	53.3
Gross profit	230.1	206.0	199.7	153.0	91.3	79.1	86.3	63.8
Gross margin	66.5%	65.3%	65.0%	58.8%	59.4%	56.4%	59.4%	54.5%
Sales and marketing	4.4	4.4	3.9	3.8	1.5	2.7	1.8	1.5
General and administrative	27.2	21.7	18.8	14.6	2.3	9.5	8.4	7.3
EBITA	198.7	180.2	177.0	134.7	80.6	66.9	76.1	55.0
EBITA margin	57.4%	57.1%	57.6%	51.7%	52.4%	47.7%	52.4%	46.9%
Amortization of intangibles	0.2	0.3
EBIT	198.6	180.0	177.0	134.7	80.6	66.9	76.1	55.0
EBIT margin	57.4%	57.0%	57.6%	51.7%	52.4%	47.7%	52.4%	46.9%
Pre-tax income	174.8	155.2	150.9	108.9	48.9	48.0	54.6	37.9
Income taxes	20.6	65.7	53.1	38.0	17.7	16.3	19.3	11.6
Tax rate	11.8%	42.3%	35.2%	34.9%	36.1%	34.0%	35.4%	30.6%
Net income	154.2	89.5	97.8	70.9	31.3	31.7	35.2	26.3
Net margin	44.6%	28.4%	31.8%	27.2%	20.3%	22.6%	24.2%	22.5%

Diluted EPS	$3.24	$1.90	$2.10	$1.54	$0.82	$0.84	$0.98	$0.82
Shares outstanding (diluted)	47.7	47.1	46.5	46.1	38.2	37.7	36.0	32.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.