10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000822416-22-000018 |
| Period End Date | 20220331 |
| Filing Date | 20220428 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | phm-20220331_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
|
$1.15B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.78B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$54.48M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$66.86M | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.21B | 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
|
$1.83B | USD | Point-in-time |
| Total cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.63B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$9.87B | USD | Point-in-time |
| House and land inventory |
InventoryOperativeBuilders
|
$9.05B | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$23.36M | USD | Point-in-time |
| Land held for sale |
InventoryRealEstateHeldForSale
|
$29.28M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$510.27M | USD | Point-in-time |
| Residential mortgage loans available-for-sale |
LoansHeldForSaleFairValueDisclosure
|
$947.14M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$98.16M | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$106.06M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.11B | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.17B | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$144.10M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$146.92M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$139.04M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$131.63M | USD | Point-in-time |
| Total assets |
Assets
|
$13.16B | USD | Point-in-time |
| Total assets |
Assets
|
$13.35B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$621.17M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$628.82M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$998.94M | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiability
|
$844.78M | USD | Point-in-time |
| Deferred tax liabilities |
AccruedIncomeTaxes
|
$171.53M | USD | Point-in-time |
| Deferred tax liabilities |
AccruedIncomeTaxes
|
$165.52M | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.53B | USD | Point-in-time |
| Accrued and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$1.58B | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$396.14M | USD | Point-in-time |
| Financial Services debt |
LineOfCredit
|
$626.12M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.03B | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.03B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.75B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.86B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$7.41B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$7.49B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.69B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$13.35B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$13.16B | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenues |
Revenues
|
$3.19B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$2.73B | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$329.02M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$271.69M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
$-61.47M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.14M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.64M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$394.05M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$599.89M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$89.94M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$145.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$454.72M | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$1.14 | USD | 1 Quarter |
| Basic earnings (usd per share) |
EarningsPerShareBasic
|
$1.84 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$1.83 | USD | 1 Quarter |
| Diluted earnings (usd per share) |
EarningsPerShareDiluted
|
$1.13 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.15 | USD | 1 Quarter |
| Cash dividends declared (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.14 | USD | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
265.41M | shares | 1 Quarter |
| Basic shares outstanding (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
245.80M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1.07M | shares | 1 Quarter |
| Effect of dilutive securities (shares) |
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
605,000.00 | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
266.01M | shares | 1 Quarter |
| Diluted shares outstanding (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
246.87M | shares | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$454.72M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$11.39M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$13.41M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$1.37M | USD | 1 Quarter |
| Land-related charges |
ProductionRelatedImpairmentsOrCharges
|
$3.51M | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt retirement |
GainsLossesOnExtinguishmentOfDebt
|
$-61.47M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.18M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.14M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$16.61M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$11.63M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$687.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$1.17M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$814.77M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$243.95M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-69.93M | USD | 1 Quarter |
| Residential mortgage loans available-for-sale |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-436.87M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$54.30M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$35.34M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.35M | USD | 1 Quarter |
| Accounts payable, accrued and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$117.65M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$176.75M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$207.67M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$30.69M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.75M | USD | 1 Quarter |
| Investments in unconsolidated entities |
PaymentsToAcquireEquityMethodInvestments
|
$6.68M | USD | 1 Quarter |
| Investments in unconsolidated entities |
PaymentsToAcquireEquityMethodInvestments
|
$8.17M | USD | 1 Quarter |
| Distributions of capital from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
- | USD | 1 Quarter |
| Distributions of capital from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$5.00M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$10.40M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$10.40M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-698.00K | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$199.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-27.62M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-47.97M | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfLongTermDebt
|
$794.43M | USD | 1 Quarter |
| Financial Services repayments, net |
ProceedsFromRepaymentsOfOtherDebt
|
$-141.00M | USD | 1 Quarter |
| Financial Services repayments, net |
ProceedsFromRepaymentsOfOtherDebt
|
$-229.99M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromIssuanceOfCommonStock
|
$11.00K | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$153.70M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$500.00M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$13.61M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.57M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$37.61M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$37.80M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-781.39M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.14B | USD | 1 Quarter |
| Net decrease in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-988.18M | USD | 1 Quarter |
| Net decrease in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-621.70M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.21B | USD | Point-in-time |
| 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
|
$1.83B | 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
|
$1.21B | 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
|
$1.83B | 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
|
$17.37M | USD | 1 Quarter |
| Interest paid (capitalized), net |
Interestpaidcapitalizednet
|
$5.16M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$1.92M | USD | 1 Quarter |
| Income taxes paid (refunded), net |
IncomeTaxesPaidNet
|
$15.57M | USD | 1 Quarter |
Stockholders Equity
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shareholders' equity |
StockholdersEquity
|
$7.41B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$7.49B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.69B | USD | Point-in-time |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$11.00K | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$6.03M | USD | 1 Quarter |
| Share issuances |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.18M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$37.33M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$36.51M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$500.00M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedDuringPeriodValue
|
$153.70M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$13.61M | USD | 1 Quarter |
| Cash paid for shares withheld for taxes |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$10.57M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.55M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$13.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$304.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$454.72M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$25.00K | USD | 1 Quarter |
| Shareholders' equity |
StockholdersEquity
|
$7.41B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$7.49B | 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
|
$454.72M | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$25.00K | USD | 1 Quarter |
| Change in value of derivatives |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$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
|
$454.75M | 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.