| Business Summary | | KB
Home
is
a
homebuilder
with
domestic
operating
divisions
in
California,
Arizona,
Nevada,
New
Mexico,
Colorado
and
Texas.
Kaufman
&
Broad
S.A.,
the
Company's
majority-owned
subsidiary,
is
a
homebuilder
in
France.
In
fiscal
2000,
the
Company
delivered
homes
to
22,847
families
in
the
United
States
and
France.
It
also
operates
a
full-service
mortgage
company,
Kaufman
and
Broad
Mortgage
Company,
for
the
convenience
of
its
buyers.
The
Company
builds
homes
that
cater
primarily
to
first-time
and
first
move-up
homebuyers,
generally
in
medium-sized
developments
close
to
major
metropolitan
areas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KB
Home
is
a
builder
of
single-family
homes
with
domestic
operations
in
six
western
states,
and
international
operations
in
France.
For
the
six
months
ended
5/31/01,
total
revenues
increased
11%
to
$1.89
billion.
Net
income
fell
29%
to
$65.3
million.
Revenues
benefitted
from
increased
housing
and
commercial
revenues.
Net
earnings
were
offset
by
the
absence
of
a
$39.6
million
gain
on
the
issuance
of
French
subsidiary
stock. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bruce Karatz, 55 Chairman,
Pres, CEO | $8.0M | -- | Jeffrey Mezger, 45 COO,
Exec. VP | 2.8M | -- | Guy Nafilyan, 56 Exec.
VP and Director, Chairman, Pres and CEO, Kaufman & B | 1.4M | $578K | William Hollinger, 42 Sr.
VP, Controller | -- | -- | Barton Pachino, 41 Sr.
VP, Gen. Counsel | -- | -- | Dollar
amounts are as of 30-Nov-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|