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10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001628280-18-005732
Period End Date 20180331
Filing Date 20180502
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance tmhc-20180331.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $573.92M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $287.97M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.58M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.32M USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsAndShortTermInvestments $289.29M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 112.18M shares Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsAndShortTermInvestments $575.50M USD Point-in-time
Owned inventory InventoryRealEstateOwned $2.96B USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Owned inventory InventoryRealEstateOwned $3.06B USD Point-in-time
Real estate not owned under option agreements InventoryRealEstateNotOwned $2.53M USD Point-in-time
Real estate not owned under option agreements InventoryRealEstateNotOwned $2.01M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Total real estate inventory InventoryRealEstate $3.07B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total real estate inventory InventoryRealEstate $2.96B USD Point-in-time
Land deposits DepositsAssets $61.96M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Land deposits DepositsAssets $49.77M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Treasury stock, shares held (in shares) TreasuryStockShares 3.05M shares Point-in-time
Mortgage loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $187.04M USD Point-in-time
Mortgage loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $93.02M USD Point-in-time
Treasury stock, shares held (in shares) TreasuryStockShares 3.05M shares Point-in-time
Derivative assets DerivativeAssets $1.58M USD Point-in-time
Derivative assets DerivativeAssets $2.45M USD Point-in-time
Prepaid expenses and other assets, net PrepaidExpenseAndOtherAssets $72.33M USD Point-in-time
Prepaid expenses and other assets, net PrepaidExpenseAndOtherAssets $56.97M USD Point-in-time
Other receivables, net OtherReceivables $94.49M USD Point-in-time
Other receivables, net OtherReceivables $91.83M USD Point-in-time
Investments in unconsolidated entities InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $192.36M USD Point-in-time
Investments in unconsolidated entities InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $196.69M USD Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $118.03M USD Point-in-time
Deferred tax assets, net DeferredIncomeTaxAssetsNet $118.14M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $39.04M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $7.11M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.13M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.87M USD Point-in-time
Goodwill Goodwill $66.20M USD Point-in-time
Goodwill Goodwill $66.20M USD Point-in-time
Total assets Assets $4.08B USD Point-in-time
Total assets Assets $4.33B USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $142.79M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $140.16M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesAndOtherLiabilities $201.54M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesAndOtherLiabilities $154.53M USD Point-in-time
Income taxes payable TaxesPayableCurrentAndNoncurrent $14.06M USD Point-in-time
Income taxes payable TaxesPayableCurrentAndNoncurrent $4.53M USD Point-in-time
Customer deposits CustomerAdvancesAndDeposits $132.53M USD Point-in-time
Customer deposits CustomerAdvancesAndDeposits $169.82M USD Point-in-time
Senior notes, net SeniorNotes $1.24B USD Point-in-time
Senior notes, net SeniorNotes $1.24B USD Point-in-time
Loans payable and other borrowings LoansPayable $139.45M USD Point-in-time
Loans payable and other borrowings LoansPayable $123.16M USD Point-in-time
Revolving credit facility borrowings LineOfCredit - USD Point-in-time
Revolving credit facility borrowings LineOfCredit - USD Point-in-time
Mortgage warehouse borrowings WarehouseAgreementBorrowings $118.82M USD Point-in-time
Mortgage warehouse borrowings WarehouseAgreementBorrowings $41.52M USD Point-in-time
Liabilities attributable to real estate not owned under option agreements LiabilitiesAttributableToConsolidatedOptionAgreements $2.01M USD Point-in-time
Liabilities attributable to real estate not owned under option agreements LiabilitiesAttributableToConsolidatedOptionAgreements $2.53M USD Point-in-time
Total liabilities Liabilities $1.89B USD Point-in-time
Total liabilities Liabilities $1.98B USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2018 and December 31, 2017 PreferredStockValue - USD Point-in-time
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2018 and December 31, 2017 PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.87B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.34B USD Point-in-time
Treasury stock at cost, 3,049,257 shares as of March 31, 2018 and December 31, 2017 TreasuryStockValue $47.62M USD Point-in-time
Treasury stock at cost, 3,049,257 shares as of March 31, 2018 and December 31, 2017 TreasuryStockValue $47.62M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $366.75M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $319.83M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-17.97M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-17.97M USD Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation StockholdersEquity $2.18B USD Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation StockholdersEquity $1.60B USD Point-in-time
Non-controlling interests joint ventures MinorityInterestInJointVentures $1.35M USD Point-in-time
Non-controlling interests joint ventures MinorityInterestInJointVentures $1.66M USD Point-in-time
Non-controlling interests MinorityInterestInLimitedPartnerships $19.19M USD Point-in-time
Non-controlling interests MinorityInterestInLimitedPartnerships $748.76M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.35B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $4.08B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $4.33B USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Home closings revenue, net HomeBuildingRevenue $751.49M USD 1 Quarter
Home closings revenue, net HomeBuildingRevenue $732.96M USD 1 Quarter
Land closings revenue LandSales $5.17M USD 1 Quarter
Land closings revenue LandSales $3.36M USD 1 Quarter
Financial services revenue FinancialServicesRevenue $14.21M USD 1 Quarter
Financial services revenue FinancialServicesRevenue $14.25M USD 1 Quarter
Total revenues RealEstateRevenueNet $769.09M USD 1 Quarter
Total revenues RealEstateRevenueNet $752.33M USD 1 Quarter
Cost of home closings HomeBuildingCosts $616.29M USD 1 Quarter
Cost of home closings HomeBuildingCosts $594.91M USD 1 Quarter
Cost of land closings CostsOfRealEstateServicesAndLandSales $2.40M USD 1 Quarter
Cost of land closings CostsOfRealEstateServicesAndLandSales $4.28M USD 1 Quarter
Financial services expenses FinancialServicesCosts $8.70M USD 1 Quarter
Financial services expenses FinancialServicesCosts $10.04M USD 1 Quarter
Total cost of revenues CostOfRealEstateRevenue $609.23M USD 1 Quarter
Total cost of revenues CostOfRealEstateRevenue $627.40M USD 1 Quarter
Gross margin GrossProfit $141.69M USD 1 Quarter
Gross margin GrossProfit $143.10M USD 1 Quarter
Sales, commissions and other marketing costs SellingAndMarketingExpense $55.62M USD 1 Quarter
Sales, commissions and other marketing costs SellingAndMarketingExpense $53.70M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $33.32M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $33.13M USD 1 Quarter
Equity in income of unconsolidated entities EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems $3.25M USD 1 Quarter
Equity in income of unconsolidated entities EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems $1.08M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $90.00K USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $343.00K USD 1 Quarter
Other expense/(income), net OtherNonoperatingIncomeExpense $351.00K USD 1 Quarter
Other expense/(income), net OtherNonoperatingIncomeExpense $-437.00K USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $54.47M USD 1 Quarter
Income/(loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $59.24M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $18.87M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $11.71M USD 1 Quarter
Net income before allocation to non-controlling interests ProfitLoss $47.53M USD 1 Quarter
Net income before allocation to non-controlling interests ProfitLoss $35.60M USD 1 Quarter
Net (income)/loss attributable to non-controlling interests joint ventures NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable $-9.00K USD 1 Quarter
Net (income)/loss attributable to non-controlling interests joint ventures NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable $129.00K USD 1 Quarter
Net income before non-controlling interests Principal Equityholders NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders $35.61M USD 1 Quarter
Net income before non-controlling interests Principal Equityholders NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders $47.40M USD 1 Quarter
Net income attributable to non-controlling interests Principal Equityholders IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $24.13M USD 1 Quarter
Net income attributable to non-controlling interests Principal Equityholders IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $2.47M USD 1 Quarter
Net income available to Taylor Morrison Home Corporation NetIncomeLoss $44.93M USD 1 Quarter
Net income available to Taylor Morrison Home Corporation NetIncomeLoss $11.48M USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Basic (usd per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.41 USD 1 Quarter
Diluted (usd per share) EarningsPerShareDiluted $0.30 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 107.19M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 38.55M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 114.77M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 120.48M shares 1 Quarter
Cash Flow Statement 79 line items
Line Item Tag Value Unit Period
Net income before allocation to non-controlling interests ProfitLoss $47.53M USD 1 Quarter
Net income before allocation to non-controlling interests ProfitLoss $35.60M USD 1 Quarter
Equity in income of unconsolidated entities IncomeLossFromEquityMethodInvestments $1.08M USD 1 Quarter
Equity in income of unconsolidated entities IncomeLossFromEquityMethodInvestments $3.25M USD 1 Quarter
Stock compensation expense ShareBasedCompensation $3.54M USD 1 Quarter
Stock compensation expense ShareBasedCompensation $3.01M USD 1 Quarter
Distributions of earnings from unconsolidated entities EquityMethodInvestmentDividendsOrDistributions $541.00K USD 1 Quarter
Distributions of earnings from unconsolidated entities EquityMethodInvestmentDividendsOrDistributions $1.34M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.01M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $1.07M USD 1 Quarter
Debt issuance costs amortization AmortizationOfFinancingCosts $955.00K USD 1 Quarter
Debt issuance costs amortization AmortizationOfFinancingCosts $878.00K USD 1 Quarter
Contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $223.00K USD 1 Quarter
Contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $146.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $106.00K USD 1 Quarter
Real estate inventory and land deposits IncreaseDecreaseInInventories $120.00M USD 1 Quarter
Real estate inventory and land deposits IncreaseDecreaseInInventories $47.10M USD 1 Quarter
Mortgages held for sale, prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-78.86M USD 1 Quarter
Mortgages held for sale, prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-130.79M USD 1 Quarter
Customer deposits IncreaseDecreaseInCustomerDeposits $37.29M USD 1 Quarter
Customer deposits IncreaseDecreaseInCustomerDeposits $40.18M USD 1 Quarter
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-59.49M USD 1 Quarter
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-33.75M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $9.53M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $16.68M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $705.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $147.91M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $275.00K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.69M USD 1 Quarter
Distributions of capital from unconsolidated entities DistributionsOfCapitalFromUnconsolidatedEntities $492.00K USD 1 Quarter
Distributions of capital from unconsolidated entities DistributionsOfCapitalFromUnconsolidatedEntities $403.00K USD 1 Quarter
Investments of capital into unconsolidated entities PaymentsToAcquireInterestInJointVenture $14.56M USD 1 Quarter
Investments of capital into unconsolidated entities PaymentsToAcquireInterestInJointVenture $2.12M USD 1 Quarter
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-4.32M USD 1 Quarter
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-14.43M USD 1 Quarter
Increase in loans payable and other borrowings ProceedsFromBankDebt - USD 1 Quarter
Increase in loans payable and other borrowings ProceedsFromBankDebt $1.82M USD 1 Quarter
Repayments of loans payable and other borrowings RepaymentsOfBankDebt $2.62M USD 1 Quarter
Repayments of loans payable and other borrowings RepaymentsOfBankDebt $2.88M USD 1 Quarter
Borrowings on mortgage warehouse ProceedsFromLinesOfCredit $190.42M USD 1 Quarter
Borrowings on mortgage warehouse ProceedsFromLinesOfCredit $145.93M USD 1 Quarter
Repayment on mortgage warehouse RepaymentsOfLinesOfCredit $223.22M USD 1 Quarter
Repayment on mortgage warehouse RepaymentsOfLinesOfCredit $319.84M USD 1 Quarter
Payment of contingent consideration PaymentOfContingentConsideration $265.00K USD 1 Quarter
Payment of contingent consideration PaymentOfContingentConsideration - USD 1 Quarter
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $580.00K USD 1 Quarter
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $411.00K USD 1 Quarter
Proceeds from issuance of shares from secondary offerings ProceedsFromIssuanceOfCommonStock $767.12M USD 1 Quarter
Proceeds from issuance of shares from secondary offerings ProceedsFromIssuanceOfCommonStock $418.11M USD 1 Quarter
TMHC repurchase and cancellation of New TMM Units from principal equityholders PaymentsForRepurchaseOfCommonStock $201.78M USD 1 Quarter
Repurchase of shares from principal equityholders PaymentsToMinorityShareholders $767.97M USD 1 Quarter
Repurchase of shares from principal equityholders PaymentsToMinorityShareholders $418.94M USD 1 Quarter
Payment of taxes related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $282.00K USD 1 Quarter
Payment of taxes related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.48M USD 1 Quarter
Distributions to non-controlling interests of consolidated joint ventures, net ProceedsFromPaymentsToMinorityShareholders $-390.00K USD 1 Quarter
Distributions to non-controlling interests of consolidated joint ventures, net ProceedsFromPaymentsToMinorityShareholders $-445.00K USD 1 Quarter
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-282.60M USD 1 Quarter
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-133.13M USD 1 Quarter
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-286.21M USD 1 Quarter
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $347.00K USD 1 Quarter
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $575.50M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $289.29M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.16M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $301.81M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $575.50M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $289.29M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.16M USD Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $301.81M USD Point-in-time
Income taxes paid, net IncomeTaxesPaidNet $2.07M USD 1 Quarter
Income taxes paid, net IncomeTaxesPaidNet $2.19M USD 1 Quarter
Change in loans payable issued to sellers in connection with land purchase contracts IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts $7.83M USD 1 Quarter
Change in loans payable issued to sellers in connection with land purchase contracts IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts $20.38M USD 1 Quarter
Change in inventory not owned NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned $-517.00K USD 1 Quarter
Change in inventory not owned NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned $-1.57M USD 1 Quarter
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09 ChangeInPrepaidExpensesAndOtherAssetsAdoptionOfAccountingPrinciple - USD 1 Quarter
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09 ChangeInPrepaidExpensesAndOtherAssetsAdoptionOfAccountingPrinciple $-32.00M USD 1 Quarter
Change in Property and equipment, net due to adoption of ASU 2014-09 ChangeInPropertyAndEquipmentAdoptionOfAccountingPrinciple - USD 1 Quarter
Change in Property and equipment, net due to adoption of ASU 2014-09 ChangeInPropertyAndEquipmentAdoptionOfAccountingPrinciple $32.00M USD 1 Quarter
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.35B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Cumulative-effect adjustment to Retained Earnings related to adoption of ASU No. 2014-09 CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $1.98M USD Point-in-time
Net income ProfitLoss $47.53M USD 1 Quarter
Net income ProfitLoss $35.60M USD 1 Quarter
Exchange of New TMM Units and corresponding number of Class B Common Stock ConversionOfStockAmountIssued1 - USD 1 Quarter
TMHC repurchase and cancellation of New TMM Units from Principal Equityholders StockRepurchasedAndRetiredDuringPeriodValue $201.78M USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueShareBasedCompensation $580.00K USD 1 Quarter
Issuance of restricted stock units, net of shares withheld for tax RestrictedStockValueSharesIssuedNetOfTaxWithholdings $-1.48M USD 1 Quarter
Exchange of B shares from secondary offerings StockIssuedDuringPeriodValueNewIssues $730.11M USD 1 Quarter
Repurchase of New TMM Units from Principal Equityholders MinorityInterestDecreaseFromRedemptions $730.96M USD 1 Quarter
Share based compensation AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition $3.54M USD 1 Quarter
Changes in non-controlling interests of consolidated joint ventures NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders $-445.00K USD 1 Quarter
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.35B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.20B USD Point-in-time
Principal equityholders' ownership interest (as a percent) MinorityInterestOwnershipPercentageByNoncontrollingOwners 0.00 pure Point-in-time
Comprehensive Income 4 line items
Line Item Tag Value Unit Period
Income before non-controlling interests, net of tax ProfitLoss $47.53M USD 1 Quarter
Income before non-controlling interests, net of tax ProfitLoss $35.60M USD 1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation ComprehensiveIncomeNetOfTax $44.93M USD 1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation ComprehensiveIncomeNetOfTax $11.48M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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