2017 Q1 Form 10-Q Financial Statement

#000082241617000021 Filed on April 25, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $1.630B $1.433B
YoY Change 13.77% 26.41%
Cost Of Revenue $1.249B $1.118B
YoY Change 11.79% 27.41%
Gross Profit $380.6M $315.1M
YoY Change 20.79% 22.99%
Gross Profit Margin 23.35% 22.0%
Selling, General & Admin $236.3M $242.3M
YoY Change -2.5% 50.22%
% of Gross Profit 62.08% 76.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.20M $13.10M
YoY Change 0.76% 18.02%
% of Gross Profit 3.47% 4.16%
Operating Expenses $236.3M $242.3M
YoY Change -2.5% 50.22%
Operating Profit $144.3M $72.78M
YoY Change 98.3% -23.29%
Interest Expense $1.900M $900.0K
YoY Change 111.11% 381.28%
% of Operating Profit 1.32% 1.24%
Other Income/Expense, Net -$5.072M -$5.874M
YoY Change -13.65% -765.23%
Pretax Income $139.3M $118.2M
YoY Change 17.81% 23.39%
Income Tax $47.75M $34.91M
% Of Pretax Income 34.28% 29.53%
Net Earnings $91.52M $83.30M
YoY Change 9.87% 51.53%
Net Earnings / Revenue 5.62% 5.81%
Basic Earnings Per Share $0.29 $0.24
Diluted Earnings Per Share $0.28 $0.24
COMMON SHARES
Basic Shares Outstanding 317.8M shares 347.8M shares
Diluted Shares Outstanding 320.1M shares 350.5M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $398.0M $996.0M
YoY Change -60.04% -5.5%
Cash & Equivalents $397.8M $1.018B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $7.028B $6.202B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $7.426B $7.198B
YoY Change 3.17% 26.57%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $151.3M $163.2M
YoY Change -7.26% 36.11%
Long-Term Investments $65.29M $53.09M
YoY Change 22.99% 28.01%
Other Assets $1.103B $1.452B
YoY Change -24.04% -18.66%
Total Long-Term Assets $2.495B $2.645B
YoY Change -5.7% -3.67%
TOTAL ASSETS
Total Short-Term Assets $7.426B $7.198B
Total Long-Term Assets $2.495B $2.645B
Total Assets $9.921B $9.843B
YoY Change 0.79% 16.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $367.0M $332.0M
YoY Change 10.54% 43.1%
Accrued Expenses $1.356B $1.291B
YoY Change 5.03% -1.07%
Deferred Revenue
YoY Change
Short-Term Debt $140.0M $119.0M
YoY Change 17.65% 75.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.146B $1.999B
YoY Change 7.35% 6.96%
LONG-TERM LIABILITIES
Long-Term Debt $3.110B $3.067B
YoY Change 1.4% 68.52%
Other Long-Term Liabilities $4.000M $4.000M
YoY Change 0.0% 100.0%
Total Long-Term Liabilities $3.114B $3.071B
YoY Change 1.4% 68.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.146B $1.999B
Total Long-Term Liabilities $3.114B $3.071B
Total Liabilities $5.261B $5.070B
YoY Change 3.76% 37.35%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.660B $4.774B
YoY Change
Total Liabilities & Shareholders Equity $9.921B $9.843B
YoY Change 0.79% 16.72%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $91.52M $83.30M
YoY Change 9.87% 51.53%
Depreciation, Depletion And Amortization $13.20M $13.10M
YoY Change 0.76% 18.02%
Cash From Operating Activities $39.80M -$62.92M
YoY Change -163.26% 147.73%
INVESTING ACTIVITIES
Capital Expenditures $9.996M $9.460M
YoY Change 5.67% -34.84%
Acquisitions
YoY Change
Other Investing Activities -$1.423M -$1.253M
YoY Change 13.57% -72.95%
Cash From Investing Activities -$23.38M -$451.8M
YoY Change -94.83% 4470.08%
FINANCING ACTIVITIES
Cash Dividend Paid $29.10M $31.57M
YoY Change -7.81% 6.59%
Common Stock Issuance & Retirement, Net $94.40M $52.69M
YoY Change 79.16% -48.01%
Debt Paid & Issued, Net $1.067M $702.0K
YoY Change 51.99%
Cash From Financing Activities -$315.8M $757.3M
YoY Change -141.7% -471.88%
NET CHANGE
Cash From Operating Activities $39.80M -$62.92M
Cash From Investing Activities -$23.38M -$451.8M
Cash From Financing Activities -$315.8M $757.3M
Net Change In Cash -$299.4M $242.7M
YoY Change -223.37% -201.57%
FREE CASH FLOW
Cash From Operating Activities $39.80M -$62.92M
Capital Expenditures $9.996M $9.460M
Free Cash Flow $29.81M -$72.38M
YoY Change -141.18% 81.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1018115000 USD
CY2016Q4 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
723248000 USD
CY2017Q1 dei Amendment Flag
AmendmentFlag
false
CY2017Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2017Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017Q1 dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
CY2017Q1 dei Document Type
DocumentType
10-Q
CY2017Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000822416
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
315503892 shares
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017Q1 dei Entity Registrant Name
EntityRegistrantName
PULTEGROUP INC/MI/
CY2016Q1 phm Additions To Self Insurance Reserves
AdditionsToSelfInsuranceReserves
19751000 USD
CY2017Q1 phm Additions To Self Insurance Reserves
AdditionsToSelfInsuranceReserves
17735000 USD
CY2015Q4 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
775435000 USD
CY2017Q1 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
423863000 USD
CY2016Q1 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
242680000 USD
CY2017Q1 phm Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-299385000 USD
CY2016Q1 phm Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
CY2017Q1 phm Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
CY2016Q1 phm Income Loss Before Equity In Income Loss Of Subsidiaries
IncomeLossBeforeEquityInIncomeLossOfSubsidiaries
83300000 USD
CY2017Q1 phm Income Loss Before Equity In Income Loss Of Subsidiaries
IncomeLossBeforeEquityInIncomeLossOfSubsidiaries
91518000 USD
CY2016Q1 phm Income Loss Before Income Taxes And Equity In Income Loss Of Subsidiaries
IncomeLossBeforeIncomeTaxesAndEquityInIncomeLossOfSubsidiaries
118213000 USD
CY2017Q1 phm Income Loss Before Income Taxes And Equity In Income Loss Of Subsidiaries
IncomeLossBeforeIncomeTaxesAndEquityInIncomeLossOfSubsidiaries
139265000 USD
CY2017Q1 phm Incomestatementimpact Asu201609adoption
IncomestatementimpactASU201609adoption
2.8
CY2017Q1 phm Incurred But Not Reported Percentage Of Liability Reserves
IncurredButNotReportedPercentageOfLiabilityReserves
0.70
CY2016Q1 phm Intercompany Interest
IntercompanyInterest
0 USD
CY2017Q1 phm Intercompany Interest
IntercompanyInterest
0 USD
CY2017Q1 phm Joint Venture Debt With Limited Recourse Guaranties
JointVentureDebtWithLimitedRecourseGuaranties
52500000 USD
CY2017Q1 phm Litigationof Recorded Insurance Receivable
LitigationofRecordedInsuranceReceivable
99300000 USD
CY2017Q1 phm Maximum Product Warranty In Years
MaximumProductWarrantyInYears
P10Y
CY2016Q4 phm Remaining Purchase Price Of All Land Option Agreements
RemainingPurchasePriceOfAllLandOptionAgreements
2102563000 USD
CY2017Q1 phm Remaining Purchase Price Of All Land Option Agreements
RemainingPurchasePriceOfAllLandOptionAgreements
1992161000 USD
CY2016Q4 phm Surety Bonds Outstanding
SuretyBondsOutstanding
1100000000 USD
CY2017Q1 phm Surety Bonds Outstanding
SuretyBondsOutstanding
1100000000 USD
CY2016Q1 phm Write Off Of Deposits And Pre Acquisition Costs
WriteOffOfDepositsAndPreAcquisitionCosts
3041000 USD
CY2017Q1 phm Write Off Of Deposits And Pre Acquisition Costs
WriteOffOfDepositsAndPreAcquisitionCosts
1655000 USD
CY2017Q1 phm Writeoffofinsurancereceivables
Writeoffofinsurancereceivables
15.0
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2042340000 USD
CY2017Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1968343000 USD
CY2016Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
405455000 USD
CY2017Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
367180000 USD
CY2016Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
34860000 USD
CY2017Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
41941000 USD
CY2016Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1448994000 USD
CY2017Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1360418000 USD
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Income Tax Deficiency From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
458000 USD
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6635000 USD
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10682000 USD
CY2016Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3450000 USD
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3450000 USD
CY2016Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2300000 shares
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2016Q4 us-gaap Assets
Assets
10178200000 USD
CY2017Q1 us-gaap Assets
Assets
9920814000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1018115000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
698882000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
397758000 USD
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
83321000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
91539000 USD
CY2016Q1 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
1040056000 USD
CY2017Q1 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
1220906000 USD
CY2016Q1 us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
2028000 USD
CY2017Q1 us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
3228000 USD
CY2017Q1 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
18237000 USD
CY2016Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
187891000 USD
CY2017Q1 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
240745000 USD
CY2016Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3112297000 USD
CY2017Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3206575000 USD
CY2017Q1 us-gaap Debt Instrument Term
DebtInstrumentTerm
P4Y
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12984000 USD
CY2017Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12996000 USD
CY2016Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
50026000 USD
CY2017Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
39226000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1049408000 USD
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1028414000 USD
CY2016Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13113000 USD
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13209000 USD
CY2016Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
18414000 USD
CY2017Q1 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
13176000 USD
CY2016Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
2368000 USD
CY2017Q1 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
3921000 USD
CY2016Q1 us-gaap Dividends
Dividends
31459000 USD
CY2017Q1 us-gaap Dividends
Dividends
28838000 USD
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.295
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.343
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
51447000 USD
CY2017Q1 us-gaap Equity Method Investments
EquityMethodInvestments
65293000 USD
CY2016Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
1000000 USD
CY2017Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-2000000 USD
CY2016Q1 us-gaap Financial Services Costs
FinancialServicesCosts
26119000 USD
CY2017Q1 us-gaap Financial Services Costs
FinancialServicesCosts
28367000 USD
CY2016Q1 us-gaap Financial Services Revenue
FinancialServicesRevenue
35848000 USD
CY2017Q1 us-gaap Financial Services Revenue
FinancialServicesRevenue
41767000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
21500000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
25300000 USD
CY2016Q1 us-gaap Home Building Costs
HomeBuildingCosts
1038028000 USD
CY2017Q1 us-gaap Home Building Costs
HomeBuildingCosts
1217678000 USD
CY2016Q1 us-gaap Home Building Revenue
HomeBuildingRevenue
1394243000 USD
CY2017Q1 us-gaap Home Building Revenue
HomeBuildingRevenue
1585421000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
118213000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
139265000 USD
CY2016Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
170000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1193000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34913000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47747000 USD
CY2017Q1 us-gaap Liabilities
Liabilities
5260669000 USD
CY2017Q1 us-gaap Interest Paid Net
InterestPaidNet
12830000 USD
CY2016Q4 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
1921259000 USD
CY2017Q1 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
2149799000 USD
CY2016Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
6770655000 USD
CY2017Q1 us-gaap Land Available For Development
LandAvailableForDevelopment
4181691000 USD
CY2016Q1 us-gaap Land Sales
LandSales
2487000 USD
CY2017Q1 us-gaap Land Sales
LandSales
1640000 USD
CY2016Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
219100000 USD
CY2017Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
226900000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
5518837000 USD
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1212000 USD
CY2017Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1043000 USD
CY2016Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
31999000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-71362000 USD
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
381910000 USD
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
267014000 USD
CY2016Q1 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-151886000 USD
CY2017Q1 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-194117000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
25133000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-21858000 USD
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2662000 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2329000 shares
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
154792000 USD
CY2017Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
151342000 USD
CY2016Q1 us-gaap Interest Expense Other
InterestExpenseOther
174000 USD
CY2017Q1 us-gaap Interest Expense Other
InterestExpenseOther
137000 USD
CY2016Q1 us-gaap Interest Income Other
InterestIncomeOther
923000 USD
CY2017Q1 us-gaap Interest Income Other
InterestIncomeOther
833000 USD
CY2016Q1 us-gaap Interest Paid Net
InterestPaidNet
-23124000 USD
CY2017Q1 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
7028335000 USD
CY2016Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
31728000 USD
CY2017Q1 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
48563000 USD
CY2016Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
777287000 USD
CY2017Q1 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
696845000 USD
CY2016Q4 us-gaap Inventory Real Estate Mortgage Loans Held In Inventory
InventoryRealEstateMortgageLoansHeldInInventory
529700000 USD
CY2017Q1 us-gaap Inventory Real Estate Mortgage Loans Held In Inventory
InventoryRealEstateMortgageLoansHeldInInventory
332900000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
4072109000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10178200000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9920814000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
331621000 USD
CY2017Q1 us-gaap Line Of Credit
LineOfCredit
140381000 USD
CY2016Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
539496000 USD
CY2017Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
345379000 USD
CY2015Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
46381000 USD
CY2016Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
47093000 USD
CY2016Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
35114000 USD
CY2017Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
35116000 USD
CY2016Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
154000 USD
CY2017Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
0 USD
CY2016Q1 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
866000 USD
CY2017Q1 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
2000 USD
CY2017Q1 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
MaximumLengthOfTimeHedgedInCashFlowHedge1
P90D
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
757349000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-315813000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-451752000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23375000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-62917000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39803000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
83300000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
91518000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
82611000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90595000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
82614000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
90600000 USD
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5874000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4022000 USD
CY2016Q4 us-gaap Notes Payable
NotesPayable
19300000 USD
CY2017Q1 us-gaap Notes Payable
NotesPayable
20000000 USD
CY2017Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2016Q4 us-gaap Other Assets
OtherAssets
857426000 USD
CY2017Q1 us-gaap Other Assets
OtherAssets
829625000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
21000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
21000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21000 USD
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4447000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4090000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-302000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-806000 USD
CY2016Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
285000 USD
CY2017Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
305000 USD
CY2016Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
21929000 USD
CY2017Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
13467000 USD
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1253000 USD
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1423000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
52745000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
105522000 USD
CY2016Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
31568000 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
29102000 USD
CY2016Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
430011000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2016Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
13534000 USD
CY2017Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
14802000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9460000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9996000 USD
CY2016Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2017Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
52000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11118000 USD
CY2016Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
220000000 USD
CY2017Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2016Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
991575000 USD
CY2017Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
0 USD
CY2016Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-149263000 USD
CY2017Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-191240000 USD
CY2016Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2017Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
3000 USD
CY2016Q4 us-gaap Purchase Options Land
PurchaseOptionsLand
195436000 USD
CY2017Q1 us-gaap Purchase Options Land
PurchaseOptionsLand
195717000 USD
CY2015Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
149498000 USD
CY2016Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
158653000 USD
CY2016Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
186097000 USD
CY2017Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
203828000 USD
CY2016Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
26129000 USD
CY2017Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
27192000 USD
CY2016Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
35284000 USD
CY2017Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
44923000 USD
CY2016Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
1396730000 USD
CY2017Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
1587061000 USD
CY2016Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
220000000 USD
CY2017Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
702000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1067000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
24366000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
26105000 USD
CY2016Q1 us-gaap Revenues
Revenues
1432578000 USD
CY2017Q1 us-gaap Revenues
Revenues
1628828000 USD
CY2015Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
924563000 USD
CY2016Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
922385000 USD
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
831058000 USD
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
831100000 USD
CY2017Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
835300000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
242316000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
236268000 USD
CY2016Q4 us-gaap Senior Notes
SeniorNotes
3110016000 USD
CY2017Q1 us-gaap Senior Notes
SeniorNotes
3110004000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9355000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
14161000 USD
CY2017Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
17300000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
61179000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
60936000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
66134000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
64681000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12562000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12099000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
12319000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
10643000 USD
CY2016Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8856000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3566000 USD
CY2016Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
52000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11118000 USD
CY2016Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
52745000 USD
CY2017Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
105522000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
4759325000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
4773527000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
4659363000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
4660145000 USD
CY2016Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
404000 USD
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
618000 USD
CY2016Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
401000 USD
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
613000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21502000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20700000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
12200000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11800000 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
350477000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320085000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
347815000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
317756000 shares
CY2017Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current year presentation</font></div></div>
CY2017Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0000822416-17-000021-index-headers.html Edgar Link pending
0000822416-17-000021-index.html Edgar Link pending
0000822416-17-000021.txt Edgar Link pending
0000822416-17-000021-xbrl.zip Edgar Link pending
exhibit10a-amendmentstocki.htm Edgar Link pending
exhibit31aceocertification.htm Edgar Link pending
exhibit31bcfocertification.htm Edgar Link pending
exhibit32-certification331.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
phm-20170331.xml Edgar Link completed
phm-20170331.xsd Edgar Link pending
phm-20170331_cal.xml Edgar Link unprocessable
phm-20170331_def.xml Edgar Link unprocessable
phm-20170331_lab.xml Edgar Link unprocessable
phm-20170331_pre.xml Edgar Link unprocessable
phm331201710-q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending