10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000822416-21-000018 |
| Period End Date | 20210331 |
| Filing Date | 20210427 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | phm-20210331_htm.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
|
$2.58B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.58B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$64.47M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$50.03M | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | 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
|
$1.25B | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.63B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$7.72B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$7.98B | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$27.96M | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$31.80M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$495.05M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$564.98M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$39.56M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$35.56M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$969.44M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$923.27M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$163.43M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$158.43M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredIncomeTaxAssetsNet
|
$132.20M | USD | Point-in-time |
| Deferred tax assets, net |
DeferredIncomeTaxAssetsNet
|
$136.27M | USD | Point-in-time |
| Total assets |
Assets
|
$11.45B | USD | Point-in-time |
| Total assets |
Assets
|
$12.21B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$404.56M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$511.32M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$589.63M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$449.47M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$110.88M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$103.55M | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.41B | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.35B | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$411.82M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$270.82M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.03B | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.75B | USD | Point-in-time |
| Liabilities, Total |
Liabilities
|
$5.64B | USD | Point-in-time |
| Liabilities, Total |
Liabilities
|
$4.76B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.69B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$12.21B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$11.45B | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$263.67M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$271.69M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
$-61.47M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
$20.19M | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
- | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.64M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.52M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$263.77M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$394.05M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$89.94M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$60.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$1.14 | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$0.75 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$0.74 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$1.13 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.14 | 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
|
265.41M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
605,000.00 | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1.22M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
266.01M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
271.22M | shares | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$19.95M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$11.39M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$9.73M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$1.37M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
$-61.47M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
$20.19M | USD | 1 Quarter |
| Goodwill impairment |
GoodwillImpairmentLoss
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.15M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.14M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$11.48M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$11.63M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$903.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$687.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$243.95M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$189.36M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-69.93M | 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
|
$54.30M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.35M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-26.91M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$204.62M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$176.75M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.75M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.14M | USD | 1 Quarter |
| Investments in unconsolidated entities |
PaymentsToAcquireEquityMethodInvestments
|
$8.17M | USD | 1 Quarter |
| Investments in unconsolidated entities |
PaymentsToAcquireEquityMethodInvestments
|
$663.00K | USD | 1 Quarter |
| Distributions of capital from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$6.50M | USD | 1 Quarter |
| Distributions of capital from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$5.00M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$83.20M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$10.40M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.71M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-698.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-27.62M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-95.80M | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
$794.43M | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
$9.24M | 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), net |
ProceedsFromOtherShortTermDebt
|
$-56.57M | USD | 1 Quarter |
| Financial Services borrowings (repayments), net |
ProceedsFromOtherShortTermDebt
|
$-141.00M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$50.00K | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$11.00K | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$153.70M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$95.68M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.57M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$14.84M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$32.74M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$37.61M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.14B | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$490.98M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$599.80M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-988.18M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | 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
|
$1.25B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.63B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | 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
|
$1.25B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.63B | USD | Point-in-time |
| Interest paid (capitalized), net |
Interestpaidcapitalizednet
|
$14.02M | USD | 1 Quarter |
| Interest paid (capitalized), net |
Interestpaidcapitalizednet
|
$17.37M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$15.57M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$5.54M | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.69B | USD | Point-in-time |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$11.00K | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$51.00K | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.18M | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.09M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$37.33M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$32.61M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$95.68M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$153.70M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.57M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$14.84M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.55M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.19M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.53B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.69B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$203.71M | 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 |
ComprehensiveIncomeNetOfTax
|
$203.74M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$304.13M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.