10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000822416-17-000021 |
| Period End Date | 20170331 |
| Filing Date | 20170425 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | phm-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.02B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$397.76M | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$698.88M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$26.11M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$24.37M | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$775.43M | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.02B | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$723.25M | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$423.86M | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$6.77B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$7.03B | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$31.73M | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$48.56M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$345.38M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$539.50M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$65.29M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$51.45M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$829.62M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$857.43M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$154.79M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$151.34M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredTaxAssetsLiabilitiesNet
|
$1.05B | USD | Point-in-time |
| Deferred tax assets, net |
DeferredTaxAssetsLiabilitiesNet
|
$1.03B | USD | Point-in-time |
| Total assets |
Assets
|
$10.18B | USD | Point-in-time |
| Total assets |
Assets
|
$9.92B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$367.18M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$405.45M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesAndDeposits
|
$240.75M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesAndDeposits
|
$187.89M | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.36B | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.45B | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$41.94M | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$34.86M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$331.62M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$140.38M | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$3.11B | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$3.11B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.26B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.52B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.66B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.66B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$9.92B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$10.18B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Home sale revenues |
HomeBuildingRevenue
|
$1.59B | 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
|
$1.64M | USD | 1 Quarter |
| Total homebuilding revenues |
RealEstateRevenueNet
|
$1.40B | USD | 1 Quarter |
| Total homebuilding revenues |
RealEstateRevenueNet
|
$1.59B | USD | 1 Quarter |
| Financial Services |
FinancialServicesRevenue
|
$41.77M | USD | 1 Quarter |
| Financial Services |
FinancialServicesRevenue
|
$35.85M | USD | 1 Quarter |
| Consolidated revenues |
Revenues
|
$1.43B | USD | 1 Quarter |
| Consolidated revenues |
Revenues
|
$1.63B | USD | 1 Quarter |
| Home sale cost of revenues |
HomeBuildingCosts
|
$1.22B | USD | 1 Quarter |
| Home sale cost of revenues |
HomeBuildingCosts
|
$1.04B | USD | 1 Quarter |
| Land sale cost of revenues |
CostsOfRealEstateServicesAndLandSales
|
$2.03M | USD | 1 Quarter |
| Land sale cost of revenues |
CostsOfRealEstateServicesAndLandSales
|
$3.23M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRealEstateRevenue
|
$1.22B | USD | 1 Quarter |
| Total cost of revenues |
CostOfRealEstateRevenue
|
$1.04B | USD | 1 Quarter |
| Financial Services expenses |
FinancialServicesCosts
|
$26.12M | USD | 1 Quarter |
| Financial Services expenses |
FinancialServicesCosts
|
$28.37M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$236.27M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$242.32M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-5.87M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-4.02M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$118.21M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$139.26M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$34.91M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$47.75M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$91.52M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.24 | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.29 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.24 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.28 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
317.76M | shares | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
347.81M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2.33M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2.66M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
320.08M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
350.48M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$91.52M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$50.03M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$39.23M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.21M | 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
|
$14.16M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-4.09M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-4.45M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$381.91M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$267.01M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-194.12M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-151.89M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-21.86M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$25.13M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-71.36M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$32.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$39.80M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-62.92M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$10.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$9.46M | USD | 1 Quarter |
| Investment in unconsolidated subsidiaries |
PaymentsToAcquireEquityMethodInvestments
|
$14.80M | USD | 1 Quarter |
| Investment in unconsolidated subsidiaries |
PaymentsToAcquireEquityMethodInvestments
|
$13.53M | 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
|
$-1.25M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.42M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.38M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-451.75M | USD | 1 Quarter |
| Proceeds from debt issuance |
ProceedsFromRepaymentsOfDebt
|
- | USD | 1 Quarter |
| Proceeds from debt issuance |
ProceedsFromRepaymentsOfDebt
|
$991.58M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$1.07M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$702.00K | 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
|
$-191.24M | USD | 1 Quarter |
| Financial Services borrowings (repayments) |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-149.26M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$11.12M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$52.00K | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$105.52M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$52.74M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$31.57M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$29.10M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-315.81M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$757.35M | USD | 1 Quarter |
| Net increase (decrease) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-299.38M | USD | 1 Quarter |
| Net increase (decrease) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$242.68M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$775.43M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.02B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$723.25M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$423.86M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$775.43M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.02B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$723.25M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$423.86M | USD | Point-in-time |
| Interest paid (capitalized), net |
InterestPaidNet
|
$-23.12M | USD | 1 Quarter |
| Interest paid (capitalized), net |
InterestPaidNet
|
$12.83M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$1.04M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$1.21M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cumulative Effect on Retained Earnings, Net of Tax |
CumulativeEffectOnRetainedEarningsNetOfTax1
|
$18.24M | USD | 1 Quarter |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.66B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.66B | USD | Point-in-time |
| Shareholders' Equity beginning of period |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$52.00K | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$11.12M | USD | 1 Quarter |
| Stock issuances, net of cancellations |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$3.57M | USD | 1 Quarter |
| Stock issuances, net of cancellations |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$8.86M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$31.46M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$28.84M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$52.74M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$105.52M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.63M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$10.68M | USD | 1 Quarter |
| Excess tax benefits (deficiencies) from share-based awards |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$458.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$91.52M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | 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
|
$4.66B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.76B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.66B | USD | Point-in-time |
| Shareholders' Equity end of period |
StockholdersEquity
|
$4.77B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$91.52M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$83.30M | 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
|
$91.54M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.