$PHM
PULTEGROUP INC/MI/ Stock $phm

$phm Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000082241618000019 Filed on April 24, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$1.970B	$1.630B
YoY Change	20.87%	13.77%
Cost Of Revenue	$1.504B	$1.249B
YoY Change	20.36%	11.79%
Gross Profit	$466.4M	$380.6M
YoY Change	22.54%	20.79%
Gross Profit Margin	23.67%	23.35%
Selling, General & Admin	$240.9M	$236.3M
YoY Change	1.96%	-2.5%
% of Gross Profit	51.65%	62.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.90M	$13.20M
YoY Change	-9.85%	0.76%
% of Gross Profit	2.55%	3.47%
Operating Expenses	$240.9M	$236.3M
YoY Change	1.96%	-2.5%
Operating Profit	$225.5M	$144.3M
YoY Change	56.24%	98.3%
Interest Expense	$1.400M	$1.900M
YoY Change	-26.32%	111.11%
% of Operating Profit	0.62%	1.32%
Other Income/Expense, Net	-$1.308M	-$5.072M
YoY Change	-74.21%	-13.65%
Pretax Income	$224.2M	$139.3M
YoY Change	60.98%	17.81%
Income Tax	$53.44M	$47.75M
% Of Pretax Income	23.84%	34.28%
Net Earnings	$170.8M	$91.52M
YoY Change	86.58%	9.87%
Net Earnings / Revenue	8.67%	5.62%
Basic Earnings Per Share	$0.59	$0.29
Diluted Earnings Per Share	$0.59	$0.28
COMMON SHARES
Basic Shares Outstanding	286.7M shares	317.8M shares
Diluted Shares Outstanding	288.0M shares	320.1M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$151.0M	$398.0M
YoY Change	-62.06%	-60.04%
Cash & Equivalents	$150.8M	$397.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$7.465B	$7.028B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$7.616B	$7.426B
YoY Change	2.56%	3.17%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles	$137.5M	$151.3M
YoY Change	-9.12%	-7.26%
Long-Term Investments	$64.81M	$65.29M
YoY Change	-0.74%	22.99%
Other Assets	$718.0M	$1.103B
YoY Change	-34.9%	-24.04%
Total Long-Term Assets	$2.090B	$2.495B
YoY Change	-16.21%	-5.7%
TOTAL ASSETS
Total Short-Term Assets	$7.616B	$7.426B
Total Long-Term Assets	$2.090B	$2.495B
Total Assets	$9.706B	$9.921B
YoY Change	-2.16%	0.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$446.0M	$367.0M
YoY Change	21.53%	10.54%
Accrued Expenses	$1.224B	$1.356B
YoY Change	-9.73%	5.03%
Deferred Revenue
YoY Change
Short-Term Debt	$247.0M	$140.0M
YoY Change	76.43%	17.65%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.342B	$2.146B
YoY Change	9.13%	7.35%
LONG-TERM LIABILITIES
Long-Term Debt	$3.088B	$3.110B
YoY Change	-0.71%	1.4%
Other Long-Term Liabilities	$3.000M	$4.000M
YoY Change	-25.0%	0.0%
Total Long-Term Liabilities	$3.091B	$3.114B
YoY Change	-0.74%	1.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.342B	$2.146B
Total Long-Term Liabilities	$3.091B	$3.114B
Total Liabilities	$5.432B	$5.261B
YoY Change	3.25%	3.76%
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	$4.275B	$4.660B
YoY Change
Total Liabilities & Shareholders Equity	$9.706B	$9.921B
YoY Change	-2.16%	0.79%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$170.8M	$91.52M
YoY Change	86.58%	9.87%
Depreciation, Depletion And Amortization	$11.90M	$13.20M
YoY Change	-9.85%	0.76%
Cash From Operating Activities	$169.0M	$39.80M
YoY Change	324.62%	-163.26%
INVESTING ACTIVITIES
Capital Expenditures	$15.43M	$9.996M
YoY Change	54.34%	5.67%
Acquisitions
YoY Change
Other Investing Activities	-$452.0K	-$1.423M
YoY Change	-68.24%	13.57%
Cash From Investing Activities	-$15.98M	-$23.38M
YoY Change	-31.65%	-94.83%
FINANCING ACTIVITIES
Cash Dividend Paid	$26.35M	$29.10M
YoY Change	-9.47%	-7.81%
Common Stock Issuance & Retirement, Net	$56.77M	$94.40M
YoY Change	-39.87%	79.16%
Debt Paid & Issued, Net	$451.0K	$1.067M
YoY Change	-57.73%	51.99%
Cash From Financing Activities	-$274.4M	-$315.8M
YoY Change	-13.11%	-141.7%
NET CHANGE
Cash From Operating Activities	$169.0M	$39.80M
Cash From Investing Activities	-$15.98M	-$23.38M
Cash From Financing Activities	-$274.4M	-$315.8M
Net Change In Cash	-$121.4M	-$299.4M
YoY Change	-59.46%	-223.37%
FREE CASH FLOW
Cash From Operating Activities	$169.0M	$39.80M
Capital Expenditures	$15.43M	$9.996M
Free Cash Flow	$153.6M	$29.81M
YoY Change	415.26%	-141.18%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000822416
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	285524839	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	PULTEGROUP INC/MI/
CY2017Q1	phm	Additions To Self Insurance Reserves AdditionsToSelfInsuranceReserves	19715000	USD
CY2018Q1	phm	Additions To Self Insurance Reserves AdditionsToSelfInsuranceReserves	19660000	USD
CY2018Q1	phm	Contractassetinsurancerenewals Contractassetinsurancerenewals	28800000	USD
CY2018Q1	phm	Contractassetinsurancerenewals Contractassetinsurancerenewals	27700000	USD
CY2017Q1	phm	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
CY2018Q1	phm	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
CY2017Q1	phm	Income Loss Before Equity In Income Loss Of Subsidiaries IncomeLossBeforeEquityInIncomeLossOfSubsidiaries	91518000	USD
CY2018Q1	phm	Income Loss Before Equity In Income Loss Of Subsidiaries IncomeLossBeforeEquityInIncomeLossOfSubsidiaries	170751000	USD
CY2017Q1	phm	Income Loss Before Income Taxes And Equity In Income Loss Of Subsidiaries IncomeLossBeforeIncomeTaxesAndEquityInIncomeLossOfSubsidiaries	139265000	USD
CY2018Q1	phm	Income Loss Before Income Taxes And Equity In Income Loss Of Subsidiaries IncomeLossBeforeIncomeTaxesAndEquityInIncomeLossOfSubsidiaries	224191000	USD
CY2017Q4	phm	Incurred But Not Reported Percentage Of Liability Reserves IncurredButNotReportedPercentageOfLiabilityReserves	0.65
CY2018Q1	phm	Incurred But Not Reported Percentage Of Liability Reserves IncurredButNotReportedPercentageOfLiabilityReserves	0.64
CY2017Q1	phm	Intercompany Interest IntercompanyInterest	0	USD
CY2018Q1	phm	Intercompany Interest IntercompanyInterest	0	USD
CY2017Q1	phm	Interestpaidcapitalizednet Interestpaidcapitalizednet	12830000	USD
CY2018Q1	phm	Interestpaidcapitalizednet Interestpaidcapitalizednet	30109000	USD
CY2018Q1	phm	Joint Venture Debt Company Proportionate Share Total JointVentureDebtCompanyProportionateShareTotal	57000000	USD
CY2018Q1	phm	Joint Venture Debt Total JointVentureDebtTotal	57800000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	272683000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	150821000	USD
CY2018Q1	phm	Limitedrecoursenote Limitedrecoursenote	81200000	USD
CY2018Q1	phm	Litigationof Recorded Insurance Receivable LitigationofRecordedInsuranceReceivable	70100000	USD
CY2018Q1	phm	Maximum Product Warranty In Years MaximumProductWarrantyInYears	P10Y
CY2017Q4	phm	Remaining Purchase Price Of All Land Option Agreements RemainingPurchasePriceOfAllLandOptionAgreements	2462579000	USD
CY2018Q1	phm	Remaining Purchase Price Of All Land Option Agreements RemainingPurchasePriceOfAllLandOptionAgreements	2307814000	USD
CY2017Q4	phm	Surety Bonds Outstanding SuretyBondsOutstanding	1200000000	USD
CY2018Q1	phm	Surety Bonds Outstanding SuretyBondsOutstanding	1200000000	USD
CY2017Q1	phm	Write Off Of Deposits And Pre Acquisition Costs WriteOffOfDepositsAndPreAcquisitionCosts	1655000	USD
CY2018Q1	phm	Write Off Of Deposits And Pre Acquisition Costs WriteOffOfDepositsAndPreAcquisitionCosts	2609000	USD
CY2017Q1	phm	Writeoffofinsurancereceivables Writeoffofinsurancereceivables	15000000
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	2000927000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1981401000	USD
CY2017Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	393815000	USD
CY2018Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	446304000	USD
CY2017Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	86925000	USD
CY2018Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	115667000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1356333000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1226233000	USD
CY2017Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10682000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6782000	USD
CY2017Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3450000	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3450000	USD
CY2017Q4	us-gaap	Assets Assets	9686649000	USD
CY2018Q1	us-gaap	Assets Assets	9706395000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	723248000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	423863000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	306168000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	184787000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-299385000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-121381000	USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.09
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.09
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	91539000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	170772000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	133900000	USD
CY2017Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1220906000	USD
CY2018Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1471488000	USD
CY2017Q1	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	3228000	USD
CY2018Q1	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	11548000	USD
CY2017Q1	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	18237000	USD
CY2018Q1	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	22411000	USD
CY2017Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	250779000	USD
CY2017Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.343
CY2018Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.238
CY2017Q4	us-gaap	Equity Method Investments EquityMethodInvestments	62957000	USD
CY2018Q1	us-gaap	Equity Method Investments EquityMethodInvestments	64810000	USD
CY2017Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-2000000	USD
CY2018Q1	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	308864000	USD
CY2018Q1	us-gaap	Debt Instrument Term DebtInstrumentTerm	P3Y
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13057000	USD
CY2018Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13105000	USD
CY2017Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	39226000	USD
CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	23479000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	645295000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	614898000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13209000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	11890000	USD
CY2017Q4	us-gaap	Derivative Instruments In Hedges Assets At Fair Value DerivativeInstrumentsInHedgesAssetsAtFairValue	7216000	USD
CY2018Q1	us-gaap	Derivative Instruments In Hedges Assets At Fair Value DerivativeInstrumentsInHedgesAssetsAtFairValue	12865000	USD
CY2017Q4	us-gaap	Derivative Instruments In Hedges Liabilities At Fair Value DerivativeInstrumentsInHedgesLiabilitiesAtFairValue	2165000	USD
CY2018Q1	us-gaap	Derivative Instruments In Hedges Liabilities At Fair Value DerivativeInstrumentsInHedgesLiabilitiesAtFairValue	2508000	USD
CY2017Q1	us-gaap	Dividends Dividends	28838000	USD
CY2018Q1	us-gaap	Dividends Dividends	26051000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.59
CY2018Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-100000	USD
CY2017Q1	us-gaap	Financial Services Costs FinancialServicesCosts	28367000	USD
CY2018Q1	us-gaap	Financial Services Costs FinancialServicesCosts	32213000	USD
CY2017Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	41767000	USD
CY2018Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	45938000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	25300000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	27000000	USD
CY2017Q1	us-gaap	Home Building Costs HomeBuildingCosts	1217678000	USD
CY2018Q1	us-gaap	Home Building Costs HomeBuildingCosts	1459940000	USD
CY2017Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	1585421000	USD
CY2018Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	1911598000	USD
CY2017Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3535000	USD
CY2018Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3419000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	139265000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	224191000	USD
CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1193000	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	961000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	47747000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53440000	USD
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1043000	USD
CY2018Q1	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	553895000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	631000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-71362000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	13084000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	267014000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	237169000	USD
CY2017Q1	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	-1980000	USD
CY2018Q1	us-gaap	Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve	2461000	USD
CY2017Q1	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	-194117000	USD
CY2018Q1	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	-185147000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-21858000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	9246000	USD
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2329000	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1343000	shares
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	140992000	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	137542000	USD
CY2017Q1	us-gaap	Interest Expense Other InterestExpenseOther	137000	USD
CY2018Q1	us-gaap	Interest Expense Other InterestExpenseOther	143000	USD
CY2017Q1	us-gaap	Interest Income Other InterestIncomeOther	833000	USD
CY2018Q1	us-gaap	Interest Income Other InterestIncomeOther	564000	USD
CY2017Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	2421405000	USD
CY2018Q1	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	2716264000	USD
CY2017Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	7147130000	USD
CY2018Q1	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	7465028000	USD
CY2017Q4	us-gaap	Inventory Real Estate Held For Sale InventoryRealEstateHeldForSale	68384000	USD
CY2018Q1	us-gaap	Inventory Real Estate Held For Sale InventoryRealEstateHeldForSale	69522000	USD
CY2017Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	589911000	USD
CY2017Q4	us-gaap	Inventory Real Estate Mortgage Loans Held In Inventory InventoryRealEstateMortgageLoansHeldInInventory	553500000	USD
CY2018Q1	us-gaap	Inventory Real Estate Mortgage Loans Held In Inventory InventoryRealEstateMortgageLoansHeldInInventory	374400000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2018Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2017Q4	us-gaap	Land Available For Development LandAvailableForDevelopment	4135814000	USD
CY2018Q1	us-gaap	Land Available For Development LandAvailableForDevelopment	4194869000	USD
CY2017Q1	us-gaap	Land Sales LandSales	2690000	USD
CY2018Q1	us-gaap	Land Sales LandSales	12557000	USD
CY2017Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	235500000	USD
CY2018Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	226300000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	5532623000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	5431738000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	9686649000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	9706395000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	437804000	USD
CY2018Q1	us-gaap	Line Of Credit LineOfCredit	246952000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	105522000	USD
CY2017Q4	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	764500000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	773700000	USD
CY2017Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	570600000	USD
CY2018Q1	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	385453000	USD
CY2017Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	34600000	USD
CY2018Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	34600000	USD
CY2018Q1	us-gaap	Maximum Length Of Time Hedged In Cash Flow Hedge1 MaximumLengthOfTimeHedgedInCashFlowHedge1	P60D
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-315813000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-274418000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-23375000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15976000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	39803000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	169013000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	91518000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	170751000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	90595000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	168833000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	90600000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	168841000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5072000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1308000	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	3006967000	USD
CY2018Q1	us-gaap	Notes Payable NotesPayable	3087718000	USD
CY2017Q4	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	3263774000	USD
CY2018Q1	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	3076140000	USD
CY2018Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	6	segment
CY2017Q4	us-gaap	Other Assets OtherAssets	745123000	USD
CY2018Q1	us-gaap	Other Assets OtherAssets	784355000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	21000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	21000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	21000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	21000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-555000	USD
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	793000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1856000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3369000	USD
CY2017Q4	us-gaap	Other Notes Payable OtherNotesPayable	20024000	USD
CY2018Q1	us-gaap	Other Notes Payable OtherNotesPayable	100823000	USD
CY2017Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	305000	USD
CY2018Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	296000	USD
CY2017Q1	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	13467000	USD
CY2018Q1	us-gaap	Payments For Losses And Loss Adjustment Expense PaymentsForLossesAndLossAdjustmentExpense	9829000	USD
CY2017Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1423000	USD
CY2018Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-452000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	59491000	USD
CY2017Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	29102000	USD
CY2018Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	26347000	USD
CY2017Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0	USD
CY2017Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	14802000	USD
CY2018Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1000000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9996000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	15428000	USD
CY2017Q1	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
CY2018Q1	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	0	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	11118000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2723000	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	768000000	USD
CY2017Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-191240000	USD
CY2018Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-190852000	USD
CY2017Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	3000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	643000	USD
CY2017Q4	us-gaap	Purchase Options Land PurchaseOptionsLand	207987000	USD
CY2018Q1	us-gaap	Purchase Options Land PurchaseOptionsLand	210877000	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
CY2017Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	226611000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	240013000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	27192000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	30558000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	44923000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	43960000	USD
CY2017Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1588111000	USD
CY2018Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1924155000	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	768000000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1067000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	451000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	33485000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	33966000	USD
CY2017Q1	us-gaap	Revenues Revenues	1629878000	USD
CY2018Q1	us-gaap	Revenues Revenues	1970093000	USD
CY2016Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	831058000	USD
CY2017Q1	us-gaap	Self Insurance Reserve SelfInsuranceReserve	835326000	USD
CY2017Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	758812000	USD
CY2017Q4	us-gaap	Self Insurance Reserve SelfInsuranceReserve	758800000	USD
CY2018Q1	us-gaap	Self Insurance Reserve SelfInsuranceReserve	771100000	USD
CY2018Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1614000	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	236268000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	240893000	USD
CY2017Q4	us-gaap	Senior Notes SeniorNotes	2986943000	USD
CY2018Q1	us-gaap	Senior Notes SeniorNotes	2986895000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	14161000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	8451000	USD
CY2018Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	39900000	USD
CY2016Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	66134000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	64681000	USD
CY2017Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	72709000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	70986000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	12099000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	14282000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	10643000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	11916000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3566000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3485000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	11118000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2723000	USD
CY2017Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	105522000	USD
CY2018Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	59491000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	4659363000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	4660145000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	4154026000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	4274657000	USD
CY2017Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	618000	USD
CY2018Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	1622000	USD
CY2017Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	613000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	48600000	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	4900000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	5100000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	320085000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	288026000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	317756000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	286683000	shares
CY2018Q1	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>
CY2018Q1	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
0000822416-18-000019-index-headers.html	Edgar Link	pending
0000822416-18-000019-index.html	Edgar Link	pending
0000822416-18-000019.txt	Edgar Link	pending
0000822416-18-000019-xbrl.zip	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-20180331.xml	Edgar Link	completed
phm-20180331.xsd	Edgar Link	pending
phm-20180331_cal.xml	Edgar Link	unprocessable
phm-20180331_def.xml	Edgar Link	unprocessable
phm-20180331_lab.xml	Edgar Link	unprocessable
phm-20180331_pre.xml	Edgar Link	unprocessable
phm331201810-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
R47.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

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PHM
PULTEGROUP INC/MI/ Stock $phm

2018 Q1 Form 10-Q Financial Statement

#000082241618000019 Filed on April 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PHM PULTEGROUP INC/MI/ Stock $phm

2018 Q1 Form 10-Q Financial Statement

#000082241618000019 Filed on April 24, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PHM
PULTEGROUP INC/MI/ Stock $phm