 COLUMBUS, Ohio, July 28, 2021 PRNewswire -- MI Homes, Inc. NYSE:MHO announced results for the three and six months ended June 30, 2021, and a 100 million share repurchase authorization. 2021 Second Quarter Highlights: New contracts were 2,267, a second quarter record Backlog units increased 49 to 5,488, an all-time record Backlog sales value reached 2.5 billion, an all-time record Homes delivered increased 23 to 2,258, an all-time quarterly record Revenue increased 35 to 961.0 million, an all-time quarterly record Pre-tax income increased 97 to 141.3 million, an all-time quarterly record Net income of 107.6 million 3.58 per diluted share, a 97 increase compared to 54.5 million 1.89 per diluted share in 2020 Shareholders equity reached an all-time record of 1.5 billion, a 34 increase from a year ago, with book value per share of 50 Homebuilding debt to capital of 31 compared to 37 at June 30, 2020 Return on equity improved to 27 For the second quarter, pre-tax income increased 97 to a record 141.3 million and net income increased 97 to 107.6 million, or 3.58 per diluted share. 