10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000822416-16-000061 |
| Period End Date | 20160331 |
| Filing Date | 20160421 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | phm-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$754.16M | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.05B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$995.70M | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.29B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$21.27M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$22.42M | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$6.20B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$5.45B | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$81.49M | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$85.02M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$290.58M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$442.71M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$41.27M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$53.09M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$686.16M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$660.84M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$110.22M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$163.19M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredTaxAssetsLiabilitiesNet
|
$1.34B | USD | Point-in-time |
| Deferred tax assets, net |
DeferredTaxAssetsLiabilitiesNet
|
$1.39B | USD | Point-in-time |
| Total assets |
Assets
|
$9.84B | USD | Point-in-time |
| Total assets |
Assets
|
$8.96B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$331.93M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$327.73M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesAndDeposits
|
$186.14M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesAndDeposits
|
$223.69M | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.28B | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.29B | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$33.46M | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$57.05M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$267.88M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$118.61M | USD | Point-in-time |
| Term loan |
LoansPayable
|
$498.82M | USD | Point-in-time |
| Term loan |
LoansPayable
|
$498.42M | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$2.57B | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$1.58B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.07B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.20B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.80B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.74B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$9.84B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$8.96B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Home sale revenues |
HomeBuildingRevenue
|
$1.09B | USD | 1 Quarter |
| Home sale revenues |
HomeBuildingRevenue
|
$1.39B | USD | 1 Quarter |
| Land sale revenues |
LandSales
|
$2.49M | USD | 1 Quarter |
| Land sale revenues |
LandSales
|
$17.54M | USD | 1 Quarter |
| Total homebuilding revenues |
RealEstateRevenueNet
|
$1.11B | USD | 1 Quarter |
| Total homebuilding revenues |
RealEstateRevenueNet
|
$1.40B | USD | 1 Quarter |
| Financial Services |
FinancialServicesRevenue
|
$27.60M | USD | 1 Quarter |
| Financial Services |
FinancialServicesRevenue
|
$35.85M | USD | 1 Quarter |
| Consolidated revenues |
Revenues
|
$1.13B | USD | 1 Quarter |
| Consolidated revenues |
Revenues
|
$1.43B | USD | 1 Quarter |
| Home sale cost of revenues |
HomeBuildingCosts
|
$1.09B | USD | 1 Quarter |
| Home sale cost of revenues |
HomeBuildingCosts
|
$841.14M | USD | 1 Quarter |
| Land sale cost of revenues |
CostsOfRealEstateServicesAndLandSales
|
$2.03M | USD | 1 Quarter |
| Land sale cost of revenues |
CostsOfRealEstateServicesAndLandSales
|
$13.38M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRealEstateRevenue
|
$1.09B | USD | 1 Quarter |
| Total cost of revenues |
CostOfRealEstateRevenue
|
$854.52M | USD | 1 Quarter |
| Financial Services expenses |
FinancialServicesCosts
|
$26.12M | USD | 1 Quarter |
| Financial Services expenses |
FinancialServicesCosts
|
$22.54M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$191.01M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$161.31M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$883.00K | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-5.87M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$118.21M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$95.81M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$40.83M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$34.91M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$54.97M | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.15 | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.24 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.24 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.15 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.08 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
347.81M | shares | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
366.75M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3.36M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2.66M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
350.48M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
370.11M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$54.97M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$40.80M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$50.03M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.11M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$9.36M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$8.28M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-4.45M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-4.81M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$1.69M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$1.15M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$230.99M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$381.91M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-151.89M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-119.98M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$25.13M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.83M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$32.00M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-28.79M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-25.40M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-64.06M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$9.46M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.52M | USD | 1 Quarter |
| Cash used for business acquisition |
PaymentsToAcquireBusinessesGross
|
$430.01M | USD | 1 Quarter |
| Cash used for business acquisition |
PaymentsToAcquireBusinessesGross
|
- | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-4.63M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$12.28M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-9.88M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-451.75M | USD | 1 Quarter |
| Proceeds from debt issuance |
ProceedsFromRepaymentsOfDebt
|
$991.58M | USD | 1 Quarter |
| Proceeds from debt issuance |
ProceedsFromRepaymentsOfDebt
|
- | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$702.00K | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$220.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
$220.00M | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Financial Services borrowings (repayments) |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-72.68M | USD | 1 Quarter |
| Financial Services borrowings (repayments) |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-149.26M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$6.60M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$52.00K | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$52.74M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$107.95M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$31.57M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$29.62M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-203.65M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$757.35M | USD | 1 Quarter |
| Net increase (decrease) in cash and equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$241.53M | USD | 1 Quarter |
| Net increase (decrease) in cash and equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-238.94M | USD | 1 Quarter |
| Cash and equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$754.16M | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.05B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$995.70M | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.29B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$754.16M | USD | Point-in-time |
| Cash and equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.05B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$995.70M | USD | Point-in-time |
| Cash and equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.29B | USD | Point-in-time |
| Interest paid (capitalized), net |
InterestPaidCapitalized
|
$23.12M | USD | 1 Quarter |
| Interest paid (capitalized), net |
InterestPaidCapitalized
|
$21.41M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$1.21M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$-2.00M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.80B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.74B | USD | Point-in-time |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$52.00K | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$6.60M | USD | 1 Quarter |
| Stock issuances, net of cancellations |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$7.42M | USD | 1 Quarter |
| Stock issuances, net of cancellations |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$8.86M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$29.45M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$31.46M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$52.74M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$107.95M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.63M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.66M | USD | 1 Quarter |
| Excess tax benefits (deficiencies) from share-based awards |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$458.00K | USD | 1 Quarter |
| Excess tax benefits (deficiencies) from share-based awards |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$229.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$54.97M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$21.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$21.00K | USD | 1 Quarter |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.80B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.74B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$54.97M | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$21.00K | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$21.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$21.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$21.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$83.32M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$54.99M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.