2023 Q1 Form 10-Q Financial Statement

#000182116023000052 Filed on May 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $103.9M $481.8M
YoY Change -78.44% -8.44%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $149.4M $228.9M
YoY Change -34.71% -24.15%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.800M $1.900M
YoY Change -5.26% 11.76%
% of Gross Profit
Operating Expenses $154.7M $203.6M
YoY Change -24.03% -34.86%
Operating Profit
YoY Change
Interest Expense $12.26M $14.14M
YoY Change -13.27% -14.37%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$50.80M $278.2M
YoY Change -118.26% 30.22%
Income Tax -$13.61M $70.19M
% Of Pretax Income 25.23%
Net Earnings -$37.19M $208.0M
YoY Change -117.88% 29.48%
Net Earnings / Revenue -35.8% 43.17%
Basic Earnings Per Share -$0.61 $3.41
Diluted Earnings Per Share -$0.61 $3.38
COMMON SHARES
Basic Shares Outstanding 60.90M shares 61.06M shares
Diluted Shares Outstanding 60.90M shares 61.49M shares

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $147.8M $244.0M
YoY Change -39.43% -22.66%
Cash & Equivalents $147.8M $244.0M
Short-Term Investments
Other Short-Term Assets $27.03M $32.82M
YoY Change -17.63% 107.72%
Inventory
Prepaid Expenses
Receivables $62.17M $34.51M
Other Receivables $0.00 $0.00
Total Short-Term Assets $237.0M $311.3M
YoY Change -23.88% -15.74%
LONG-TERM ASSETS
Property, Plant & Equipment $11.58M $15.11M
YoY Change -23.37% 9.57%
Goodwill $182.2M $173.4M
YoY Change 5.03% 176.02%
Intangibles
YoY Change
Long-Term Investments $858.4M $1.282B
YoY Change -33.04% -45.36%
Other Assets $6.237M $6.312M
YoY Change -1.19% 40.27%
Total Long-Term Assets $2.945B $3.322B
YoY Change -11.37% -26.31%
TOTAL ASSETS
Total Short-Term Assets $237.0M $311.3M
Total Long-Term Assets $2.945B $3.322B
Total Assets $3.182B $3.634B
YoY Change -12.44% -25.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.58M $51.29M
YoY Change -28.69% 17.38%
Accrued Expenses $107.8M $143.7M
YoY Change -24.99% -13.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $144.4M $195.0M
YoY Change -25.97% -18.5%
LONG-TERM LIABILITIES
Long-Term Debt $1.484B $1.946B
YoY Change -23.72% -44.06%
Other Long-Term Liabilities $119.8M $152.5M
YoY Change -21.45% 17.67%
Total Long-Term Liabilities $1.604B $2.098B
YoY Change -23.55% -41.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $144.4M $195.0M
Total Long-Term Liabilities $1.604B $2.098B
Total Liabilities $1.968B $2.504B
YoY Change -21.4% -37.07%
SHAREHOLDERS EQUITY
Retained Earnings $1.169B $1.085B
YoY Change 7.69% 23.6%
Common Stock $43.92M $43.41M
YoY Change 1.17% 120.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.213B $1.129B
YoY Change
Total Liabilities & Shareholders Equity $3.182B $3.634B
YoY Change -12.44% -25.51%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$37.19M $208.0M
YoY Change -117.88% 29.48%
Depreciation, Depletion And Amortization $1.800M $1.900M
YoY Change -5.26% 11.76%
Cash From Operating Activities -$29.55M $871.7M
YoY Change -103.39% 2437.91%
INVESTING ACTIVITIES
Capital Expenditures $1.072M $1.218M
YoY Change -11.99% 82.61%
Acquisitions $2.920M $0.00
YoY Change
Other Investing Activities -$14.17M $168.0K
YoY Change -8533.93%
Cash From Investing Activities -$15.24M -$1.050M
YoY Change 1351.52% 57.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $568.0K
YoY Change
Debt Paid & Issued, Net $26.25M $90.00M
YoY Change -70.83% 2017.65%
Cash From Financing Activities $52.06M -$868.5M
YoY Change -105.99% 1527.82%
NET CHANGE
Cash From Operating Activities -$29.55M $871.7M
Cash From Investing Activities -$15.24M -$1.050M
Cash From Financing Activities $52.06M -$868.5M
Net Change In Cash $7.266M $2.191M
YoY Change 231.63% -111.14%
FREE CASH FLOW
Cash From Operating Activities -$29.55M $871.7M
Capital Expenditures $1.072M $1.218M
Free Cash Flow -$30.63M $870.5M
YoY Change -103.52% 2484.55%

Facts In Submission

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PaymentsForOriginationOfMortgageLoansHeldForSale
2700053000 usd
CY2022Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
6134863000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
2745778000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
7182242000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-8905000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-33929000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4477000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2593000 usd
CY2023Q1 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-27493000 usd
CY2022Q1 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-77615000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
622000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5540000 usd
CY2023Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-4212000 usd
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-25291000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
1827000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
1507000 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
0 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
2871000 usd
CY2023Q1 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-5822000 usd
CY2022Q1 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-5557000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-5387000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
2669000 usd
CY2023Q1 ghld Increase Decrease In Real Estate Owned Net
IncreaseDecreaseInRealEstateOwnedNet
615000 usd
CY2022Q1 ghld Increase Decrease In Real Estate Owned Net
IncreaseDecreaseInRealEstateOwnedNet
-108000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-29554000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
871746000 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2920000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
11250000 usd
CY2022Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
168000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1072000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1218000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15241000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1050000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2631998000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6191467000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2582588000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
6962097000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
30000000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
26250000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
90000000 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
7300000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-530000 usd
CY2022Q1 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-575000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
568000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
52061000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-868505000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7266000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2191000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146754000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248120000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154020000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250311000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
147783000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
243999000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6237000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6312000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154020000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250311000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3002000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
12008000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2233000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
760000 usd
CY2022Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-1710000 usd
CY2023Q1 ghld Variable Interest Entities Number Of Consolidated Entities
VariableInterestEntitiesNumberOfConsolidatedEntities
1 entity
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#0e32e1;font-family:'Verdana',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Although management is not currently aware of any factors that would significantly change its estimates and assumptions, actual results could materially differ from those estimates.</span></div>
CY2023Q1 us-gaap Escrow Deposit
EscrowDeposit
735100000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
580200000 usd
CY2023Q1 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
874064000 usd
CY2023Q1 ghld Gain Loss On Mortgage Loans Held For Sale At Fair Value
GainLossOnMortgageLoansHeldForSaleAtFairValue
-15750000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
845775000 usd
CY2023Q1 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
858314000 usd
CY2022Q4 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
868833000 usd
CY2022 ghld Gain Loss On Mortgage Loans Held For Sale At Fair Value
GainLossOnMortgageLoansHeldForSaleAtFairValue
-23058000 usd
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
32629000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
44164000 usd
CY2023Q1 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
15090000 usd
CY2022Q4 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
12320000 usd
CY2023Q1 us-gaap Trade Receivables Held For Sale Net Not Part Of Disposal Group
TradeReceivablesHeldForSaleNetNotPartOfDisposalGroup
767000 usd
CY2022Q4 us-gaap Trade Receivables Held For Sale Net Not Part Of Disposal Group
TradeReceivablesHeldForSaleNetNotPartOfDisposalGroup
562000 usd
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
11250000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
0 usd
CY2023Q1 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
29000 usd
CY2022Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
0 usd
CY2023Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2401000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1258000 usd
CY2023Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
62166000 usd
CY2022Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
58304000 usd
CY2022Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
8698000 usd
CY2021Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
10355000 usd
CY2023Q1 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
1547000 usd
CY2022Q1 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
-237000 usd
CY2023Q1 ghld Provision For Reversal Of Foreclosure Losses
ProvisionForReversalOfForeclosureLosses
1514000 usd
CY2022Q1 ghld Provision For Reversal Of Foreclosure Losses
ProvisionForReversalOfForeclosureLosses
-321000 usd
CY2023Q1 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
8665000 usd
CY2022Q1 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
10271000 usd
CY2023Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
27034000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
31499000 usd
CY2023Q1 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
38941000 usd
CY2022Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
37871000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11575000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12118000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70931000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74660000 usd
CY2023Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
24704000 usd
CY2022Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
26531000 usd
CY2023Q1 ghld Real Estate Owned
RealEstateOwned
1162000 usd
CY2022Q4 ghld Real Estate Owned
RealEstateOwned
306000 usd
CY2023Q1 us-gaap Land
Land
2034000 usd
CY2022Q4 us-gaap Land
Land
2034000 usd
CY2023Q1 us-gaap Trading Securities
TradingSecurities
80000 usd
CY2022Q4 us-gaap Trading Securities
TradingSecurities
96000 usd
CY2023Q1 us-gaap Financial Instruments Owned Corporate Equities At Fair Value
FinancialInstrumentsOwnedCorporateEquitiesAtFairValue
961000 usd
CY2022Q4 us-gaap Financial Instruments Owned Corporate Equities At Fair Value
FinancialInstrumentsOwnedCorporateEquitiesAtFairValue
961000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
177422000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
186076000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
85519000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
84361000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
73944000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
72243000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11575000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12118000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1800000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1900000 usd
CY2023Q1 ghld Outstanding Forward Contracts And Mandatory Sell Commitments
OutstandingForwardContractsAndMandatorySellCommitments
206400000 usd
CY2022Q4 ghld Outstanding Forward Contracts And Mandatory Sell Commitments
OutstandingForwardContractsAndMandatorySellCommitments
256300000 usd
CY2023Q1 ghld Closed Hedge Instruments Not Yet Settled
ClosedHedgeInstrumentsNotYetSettled
281500000 usd
CY2022Q4 ghld Closed Hedge Instruments Not Yet Settled
ClosedHedgeInstrumentsNotYetSettled
470800000 usd
CY2023Q1 ghld Credit Losses Due To Nonperformance Of Counterparties
CreditLossesDueToNonperformanceOfCounterparties
0 usd
CY2022Q1 ghld Credit Losses Due To Nonperformance Of Counterparties
CreditLossesDueToNonperformanceOfCounterparties
0 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1139539000 usd
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
675340000 usd
CY2023Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
27493000 usd
CY2022Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
77615000 usd
CY2023Q1 ghld Servicing Asset At Fair Value Changes In Fair Value Resulting From Collection Or Realization Of Cash Flows
ServicingAssetAtFairValueChangesInFairValueResultingFromCollectionOrRealizationOfCashFlows
11170000 usd
CY2022Q1 ghld Servicing Asset At Fair Value Changes In Fair Value Resulting From Collection Or Realization Of Cash Flows
ServicingAssetAtFairValueChangesInFairValueResultingFromCollectionOrRealizationOfCashFlows
24894000 usd
CY2023Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-43701000 usd
CY2022Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
209495000 usd
CY2023Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1112161000 usd
CY2022Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
937556000 usd
CY2023Q1 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P8Y1M6D
CY2022 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P8Y6M
CY2023Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
58980000 usd
CY2022Q1 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
51564000 usd
CY2023Q1 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
1668000 usd
CY2022Q1 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
1515000 usd
CY2023Q1 ghld Ancillary Fee Expense Generated By Servicing Financial Assets Amount
AncillaryFeeExpenseGeneratedByServicingFinancialAssetsAmount
561000 usd
CY2022Q1 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
98000 usd
CY2023Q1 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
60087000 usd
CY2022Q1 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
53177000 usd
CY2023Q1 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
79900000000 usd
CY2022Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
78900000000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
40761000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
75713000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
51606000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
95678000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
15573000 usd
CY2023Q1 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
27645000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
36298000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
70878000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
50392000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
96848000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
11880000 usd
CY2022Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
24162000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
845775000 usd
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2204216000 usd
CY2023Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
2700053000 usd
CY2022Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
6134863000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
2745778000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
7182242000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
50882000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
165918000 usd
CY2023Q1 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
7382000 usd
CY2022Q1 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-40956000 usd
CY2023Q1 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
858314000 usd
CY2022Q1 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1281799000 usd
CY2023Q1 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
874100000 usd
CY2023Q1 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
858300000 usd
CY2022Q4 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
868800000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
845800000 usd
CY2022Q4 ghld Investor Reserves
InvestorReserves
16094000 usd
CY2021Q4 ghld Investor Reserves
InvestorReserves
18437000 usd
CY2023Q1 ghld Provisions Benefits For Investor Reserves
ProvisionsBenefitsForInvestorReserves
1325000 usd
CY2022Q1 ghld Provisions Benefits For Investor Reserves
ProvisionsBenefitsForInvestorReserves
-1570000 usd
CY2023Q1 ghld Provision Relief For Investor Reserves
ProvisionReliefForInvestorReserves
1902000 usd
CY2022Q1 ghld Provision Relief For Investor Reserves
ProvisionReliefForInvestorReserves
-2627000 usd
CY2023Q1 ghld Investor Reserves
InvestorReserves
16671000 usd
CY2022Q1 ghld Investor Reserves
InvestorReserves
17380000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
176769000 usd
CY2023Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
760000 usd
CY2023Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4621000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
182150000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
45000000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13912000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31088000 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P4Y1M6D
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-37190000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
207958000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60900000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61057000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60900000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61494000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.41
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.38
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q1 ghld Number Of Classes Of Stock
NumberOfClassesOfStock
2 class
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000 usd
CY2022Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P24M
CY2023Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.26
CY2023Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
13900000 usd
CY2022Q4 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
86951000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 ghld Loan Origination Fees And Gain On Sale Of Loans Net
LoanOriginationFeesAndGainOnSaleOfLoansNet
92651000 usd
CY2023Q1 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
60087000 usd
CY2023Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
54871000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5983000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
35000 usd
CY2023Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
103885000 usd
CY2023Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
111120000 usd
CY2023Q1 ghld General And Administrative Expense Recoveries
GeneralAndAdministrativeExpenseRecoveries
20883000 usd
CY2023Q1 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
17430000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3738000 usd
CY2023Q1 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
1514000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13605000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-37195000 usd
CY2022Q1 ghld Loan Origination Fees And Gain On Sale Of Loans Net
LoanOriginationFeesAndGainOnSaleOfLoansNet
242639000 usd
CY2022Q1 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
53177000 usd
CY2022Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-184601000 usd
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1125000 usd
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
220000 usd
CY2022Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
481762000 usd
CY2022Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
187329000 usd
CY2022Q1 ghld General And Administrative Expense Recoveries
GeneralAndAdministrativeExpenseRecoveries
-5630000 usd
CY2022Q1 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
18312000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3913000 usd
CY2022Q1 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
-321000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70186000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
207973000 usd

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