10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000822416-20-000014 |
| Period End Date | 20200331 |
| Filing Date | 20200423 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | phm331202010-q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.82B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$33.54M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$34.48M | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.08B | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.25B | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.13B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$7.68B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$7.86B | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$31.64M | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$24.01M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$508.97M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$363.85M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$54.49M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$59.77M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$895.69M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$935.53M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$178.55M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$124.99M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredIncomeTaxAssetsNet
|
$150.39M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredIncomeTaxAssetsNet
|
$170.11M | USD | Point-in-time |
| Total assets |
Assets
|
$11.42B | USD | Point-in-time |
| Total assets |
Assets
|
$10.72B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$435.92M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$429.72M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$344.97M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$294.43M | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.40B | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.32B | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$72.55M | USD | Point-in-time |
| Income tax liabilities |
AccruedIncomeTaxes
|
$36.09M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$270.00M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$326.57M | USD | Point-in-time |
| Revolving credit facility |
LineOfCreditFacilityFairValueOfAmountOutstanding
|
$700.00M | USD | Point-in-time |
| Revolving credit facility |
LineOfCreditFacilityFairValueOfAmountOutstanding
|
- | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.76B | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.77B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.26B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.89B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.93B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.82B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$10.72B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$11.42B | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenues |
Revenues
|
$2.00B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$2.29B | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$263.67M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$252.73M | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
- | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
$20.19M | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$-2.52M | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$-973.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$263.77M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$216.70M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$49.95M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$60.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$166.76M | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.75 | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.59 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.59 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.74 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
270.00M | shares | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
277.64M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1.22M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1.00M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
278.64M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
271.22M | shares | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$166.76M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$24.69M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$19.95M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$9.73M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$2.98M | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
- | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
$20.19M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.21M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.15M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$11.48M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$9.02M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$39.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$903.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$189.36M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$259.87M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-134.22M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-145.11M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.53M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-64.53M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$3.40M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-26.91M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$158.91M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$204.62M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.07M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.14M | USD | 1 Quarter |
| Investments in unconsolidated entities |
ProceedsFromSaleOfEquityMethodInvestments
|
$5.84M | USD | 1 Quarter |
| Investments in unconsolidated entities |
PaymentsToAcquireEquityMethodInvestments
|
$1.29M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$83.20M | USD | Point-in-time |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.71M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-291.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.07M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-95.80M | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
$9.24M | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
$3.60M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$700.00M | USD | 1 Quarter |
| Financial Services borrowings (repayments) |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-56.57M | USD | 1 Quarter |
| Financial Services borrowings (repayments) |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-126.27M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$1.45M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$50.00K | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$25.00M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$95.68M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$14.84M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.35M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$32.74M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$30.80M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$490.98M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-194.58M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-52.75M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$599.80M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.08B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.25B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.13B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.08B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.25B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.13B | USD | Point-in-time |
| Interest paid (capitalized), net |
Interestpaidcapitalizednet
|
$17.16M | USD | 1 Quarter |
| Interest paid (capitalized), net |
Interestpaidcapitalizednet
|
$14.02M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$5.54M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$-30.85M | USD | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shareholders' equity |
StockholdersEquity
|
$4.93B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.82B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Cumulative effect of accounting change |
CumulativeEffectOnRetainedEarningsNetOfTax1
|
$-735.00K | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$51.00K | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.45M | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$5.80M | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.09M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$30.83M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$32.61M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$95.68M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$25.00M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$14.84M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.35M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.19M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$7.81M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$166.76M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Shareholders' equity |
StockholdersEquity
|
$4.93B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$4.82B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$166.76M | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$25.00K | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$25.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$166.78M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$203.74M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.