2019 Q3 Form 10-Q Financial Statement

#000079417019000048 Filed on September 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $1.766B $1.913B
YoY Change -7.72% 27.31%
Cost Of Revenue $1.408B $1.510B
YoY Change -6.73% 28.37%
Gross Profit $357.7M $403.7M
YoY Change -11.4% 23.51%
Gross Profit Margin 20.26% 21.1%
Selling, General & Admin $186.7M $174.1M
YoY Change 7.26% 12.56%
% of Gross Profit 52.2% 43.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.10M $6.200M
YoY Change 191.94% -1.59%
% of Gross Profit 5.06% 1.54%
Operating Expenses $186.7M $174.1M
YoY Change 7.26% 12.56%
Operating Profit $171.0M $229.7M
YoY Change -25.55% 33.35%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net $8.721M $10.97M
YoY Change -20.47% -3.97%
Pretax Income $186.9M $253.1M
YoY Change -26.15% 24.33%
Income Tax $40.60M $59.84M
% Of Pretax Income 21.72% 23.64%
Net Earnings $146.3M $193.3M
YoY Change -24.29% 30.08%
Net Earnings / Revenue 8.29% 10.1%
Basic Earnings Per Share $1.01 $1.28
Diluted Earnings Per Share $1.00 $1.26
COMMON SHARES
Basic Shares Outstanding 144.8M shares 151.3M shares
Diluted Shares Outstanding 146.3M shares 153.2M shares

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $836.0M $522.0M
YoY Change 60.15% -44.82%
Cash & Equivalents $836.3M $522.2M
Short-Term Investments
Other Short-Term Assets $22.00M $22.00M
YoY Change 0.0% 15.79%
Inventory $7.995B $7.958B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.445B $8.998B
YoY Change 4.97% -0.08%
LONG-TERM ASSETS
Property, Plant & Equipment $288.7M $195.7M
YoY Change 47.52% 9.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $355.0M $420.0M
YoY Change -15.48% -18.29%
Other Assets $122.0M $170.0M
YoY Change -28.24% -38.41%
Total Long-Term Assets $1.007B $951.2M
YoY Change 5.88% -15.37%
TOTAL ASSETS
Total Short-Term Assets $9.445B $8.998B
Total Long-Term Assets $1.007B $951.2M
Total Assets $10.45B $9.949B
YoY Change 5.05% -1.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $345.0M $328.0M
YoY Change 5.18% 18.41%
Accrued Expenses $854.0M $898.0M
YoY Change -4.9% -1.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.674B $1.736B
YoY Change -3.57% 0.7%
LONG-TERM LIABILITIES
Long-Term Debt $3.752B $3.637B
YoY Change 3.16% -4.94%
Other Long-Term Liabilities $42.00M $38.00M
YoY Change 10.53% -5.0%
Total Long-Term Liabilities $3.794B $3.675B
YoY Change 3.24% -4.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.674B $1.736B
Total Long-Term Liabilities $3.794B $3.675B
Total Liabilities $5.468B $5.412B
YoY Change 1.03% -3.19%
SHAREHOLDERS EQUITY
Retained Earnings $5.483B $4.867B
YoY Change 12.66% 13.32%
Common Stock $726.2M $724.2M
YoY Change 0.27% 1.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.271B $1.061B
YoY Change 19.81% 123.47%
Treasury Stock Shares 35.68M shares 29.71M shares
Shareholders Equity $4.939B $4.529B
YoY Change
Total Liabilities & Shareholders Equity $10.45B $9.949B
YoY Change 5.05% -1.77%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $146.3M $193.3M
YoY Change -24.29% 30.08%
Depreciation, Depletion And Amortization $18.10M $6.200M
YoY Change 191.94% -1.59%
Cash From Operating Activities $108.2M $252.3M
YoY Change -57.11% 70.93%
INVESTING ACTIVITIES
Capital Expenditures -$16.40M -$15.20M
YoY Change 7.89% 42.06%
Acquisitions
YoY Change
Other Investing Activities -$62.20M $35.50M
YoY Change -275.21% -41.71%
Cash From Investing Activities -$78.60M $20.30M
YoY Change -487.19% -59.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -117.4M -225.9M
YoY Change -48.03% -495.62%
NET CHANGE
Cash From Operating Activities 108.2M 252.3M
Cash From Investing Activities -78.60M 20.30M
Cash From Financing Activities -117.4M -225.9M
Net Change In Cash -87.80M 46.70M
YoY Change -288.01% -81.69%
FREE CASH FLOW
Cash From Operating Activities $108.2M $252.3M
Capital Expenditures -$16.40M -$15.20M
Free Cash Flow $124.6M $267.5M
YoY Change -53.42% 68.98%

Facts In Submission

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OtherComprehensiveIncomeLossNetOfTax
170000 USD
CY2018Q3 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
2823000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4537380000 USD
us-gaap Net Income Loss
NetIncomeLoss
387692000 USD
us-gaap Net Income Loss
NetIncomeLoss
437175000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51423000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18724000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19351000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
264965000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
541889000 USD
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1074392000 USD
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
941336000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
13331000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-536000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
208000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
92840000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
USD
us-gaap Share Based Compensation
ShareBasedCompensation
21879000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
17759000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
53913000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
25919000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
53166000 USD
tol Income From Non Performing Loan Portfolios And Foreclosed Real Estate
IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate
487000 USD
tol Income From Non Performing Loan Portfolios And Foreclosed Real Estate
IncomeFromNonPerformingLoanPortfoliosAndForeclosedRealEstate
1269000 USD
tol Change In Deferred Tax Asset
ChangeInDeferredTaxAsset
7045000 USD
tol Change In Deferred Tax Asset
ChangeInDeferredTaxAsset
-19747000 USD
us-gaap Inventory Write Down
InventoryWriteDown
31636000 USD
us-gaap Inventory Write Down
InventoryWriteDown
28746000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1078105000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
979715000 USD
tol Increase Decrease In Receivables Prepaid Expenses And Other Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssets
155843000 USD
tol Increase Decrease In Receivables Prepaid Expenses And Other Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssets
123521000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
44726000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
39900000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-109775000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24428000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
13652000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3698000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
22461000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-74036000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61278000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21701000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
43260000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
15189000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
112373000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
93669000 USD
tol Investment In Non Performing Loan Portfolios And Foreclosed Real Estate
InvestmentInNonPerformingLoanPortfoliosAndForeclosedRealEstate
602000 USD
tol Investment In Non Performing Loan Portfolios And Foreclosed Real Estate
InvestmentInNonPerformingLoanPortfoliosAndForeclosedRealEstate
519000 USD
tol Return Of Investments In Non Performing Loan Portfolios And Foreclosed Real Estate
ReturnOfInvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstate
1649000 USD
tol Return Of Investments In Non Performing Loan Portfolios And Foreclosed Real Estate
ReturnOfInvestmentsInNonPerformingLoanPortfoliosAndForeclosedRealEstate
3934000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
33539000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-50419000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
60194000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
400000000 USD
tol Paymentsof Debt Issuance Costs Senior Long Term Debt
PaymentsofDebtIssuanceCostsSeniorLongTermDebt
USD
tol Paymentsof Debt Issuance Costs Senior Long Term Debt
PaymentsofDebtIssuanceCostsSeniorLongTermDebt
3531000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1940998000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1908085000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1948000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1696827000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2020495000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
USD
tol Paymentsproceedsfromstockbasedbenefitplans
Paymentsproceedsfromstockbasedbenefitplans
5441000 USD
tol Paymentsproceedsfromstockbasedbenefitplans
Paymentsproceedsfromstockbasedbenefitplans
9731000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
167474000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
426895000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
48140000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
45519000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
49000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
22000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-317901000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-178602000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-345859000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-192444000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1182939000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
715311000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
837080000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
522867000 USD
CY2019Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
429700000 USD
CY2018Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
410900000 USD
CY2019Q3 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
7995076000 USD
CY2018Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
7598219000 USD
us-gaap Inventory Write Down
InventoryWriteDown
31636000 USD
us-gaap Inventory Write Down
InventoryWriteDown
28746000 USD
CY2019Q3 us-gaap Inventory Write Down
InventoryWriteDown
4679000 USD
CY2018Q3 us-gaap Inventory Write Down
InventoryWriteDown
11061000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
131830000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
123028000 USD
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
43968000 USD
CY2018Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
319364000 USD
CY2017Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
352049000 USD
CY2019Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
328583000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
349918000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
41760000 USD
tol Real Estate Inventory Capitalized Interest Other Income
RealEstateInventoryCapitalizedInterestOtherIncome
USD
tol Real Estate Inventory Capitalized Interest Other Income
RealEstateInventoryCapitalizedInterestOtherIncome
2259000 USD
CY2019Q3 tol Real Estate Inventory Capitalized Interest Other Income
RealEstateInventoryCapitalizedInterestOtherIncome
USD
CY2018Q3 tol Real Estate Inventory Capitalized Interest Other Income
RealEstateInventoryCapitalizedInterestOtherIncome
1259000 USD
tol Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
-3936000 USD
tol Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
-5423000 USD
CY2019Q3 tol Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
-852000 USD
CY2018Q3 tol Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
-1821000 USD
tol Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
4802000 USD
tol Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
1687000 USD
CY2019Q3 tol Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
499000 USD
CY2018Q3 tol Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
1572000 USD
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
325253000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
340167000 USD
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
325253000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
340167000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
2543755000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Debt
EquityMethodInvestmentSummarizedFinancialInformationDebt
1217077000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Debt
EquityMethodInvestmentSummarizedFinancialInformationDebt
1145998000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
169554000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
158570000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
1072233000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
1235974000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
10440000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
3213000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
2469304000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
2543755000 USD
CY2019Q3 tol Numberof Joint Ventures
NumberofJointVentures
37 joint_ventures
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
354569000 USD
CY2019Q3 tol Numberofjointventurewithfundingcommitments
Numberofjointventurewithfundingcommitments
5 joint_ventures
CY2019Q3 us-gaap Other Commitment
OtherCommitment
32966000 USD
CY2019Q3 tol Numberofjointventureswithloancommitments
Numberofjointventureswithloancommitments
21 joint_ventures
CY2019Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1467783000 USD
CY2019Q3 us-gaap Line Of Credit
LineOfCredit
1224794000 USD
CY2019Q3 tol Number Of Entities That Are Considered Variable Interest Entities
NumberOfEntitiesThatAreConsideredVariableInterestEntities
18 joint_ventures
CY2018Q4 tol Number Of Entities That Are Considered Variable Interest Entities
NumberOfEntitiesThatAreConsideredVariableInterestEntities
11 joint_ventures
CY2019Q3 tol Equity Method Investment Summarized Financial Information Cash And Cash Equivalents
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents
101034000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Cash And Cash Equivalents
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents
102462000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Inventory
EquityMethodInvestmentSummarizedFinancialInformationInventory
729583000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Inventory
EquityMethodInvestmentSummarizedFinancialInformationInventory
973990000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Loans Receivable Net
EquityMethodInvestmentSummarizedFinancialInformationLoansReceivableNet
56954000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Loans Receivable Net
EquityMethodInvestmentSummarizedFinancialInformationLoansReceivableNet
40065000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Rental Properties
EquityMethodInvestmentSummarizedFinancialInformationRentalProperties
1022461000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Rental Properties
EquityMethodInvestmentSummarizedFinancialInformationRentalProperties
808785000 USD
CY2019Q3 tol Equitymethodinvestmentsummarizedfinancialinformationrentalpropertiesunderdevelopment
Equitymethodinvestmentsummarizedfinancialinformationrentalpropertiesunderdevelopment
377210000 USD
CY2018Q4 tol Equitymethodinvestmentsummarizedfinancialinformationrentalpropertiesunderdevelopment
Equitymethodinvestmentsummarizedfinancialinformationrentalpropertiesunderdevelopment
437586000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Real Estate Owned
EquityMethodInvestmentSummarizedFinancialInformationRealEstateOwned
12316000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Real Estate Owned
EquityMethodInvestmentSummarizedFinancialInformationRealEstateOwned
14838000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
169746000 USD
CY2018Q4 tol Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
166029000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
2469304000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
354569000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
431813000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
511226000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
393522000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
179608000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
117239000 USD
us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
443740000 USD
us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
303209000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
154787000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
93799000 USD
tol Equity Method Investment Summarized Financial Information Other Expenses
EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses
64027000 USD
tol Equity Method Investment Summarized Financial Information Other Expenses
EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses
64462000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Other Expenses
EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses
22674000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Other Expenses
EquityMethodInvestmentSummarizedFinancialInformationOtherExpenses
19880000 USD
tol Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
507767000 USD
tol Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
367671000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
177461000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
113679000 USD
tol Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate
4383000 USD
tol Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate
52444000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate
689000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnDispositionOfLoansAndOwnedRealEstate
25964000 USD
tol Equity Method Investment Summarized Financial Information Income Loss From Operations
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations
7842000 USD
tol Equity Method Investment Summarized Financial Information Income Loss From Operations
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations
78295000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Income Loss From Operations
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations
2836000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Income Loss From Operations
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromOperations
29524000 USD
tol Equity Method Investment Summarized Financial Information Other Income
EquityMethodInvestmentSummarizedFinancialInformationOtherIncome
31584000 USD
tol Equity Method Investment Summarized Financial Information Other Income
EquityMethodInvestmentSummarizedFinancialInformationOtherIncome
106141000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Other Income
EquityMethodInvestmentSummarizedFinancialInformationOtherIncome
29846000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Other Income
EquityMethodInvestmentSummarizedFinancialInformationOtherIncome
25275000 USD
tol Equity Method Investment Summarized Financial Information Income Before Income Taxes
EquityMethodInvestmentSummarizedFinancialInformationIncomeBeforeIncomeTaxes
39426000 USD
tol Equity Method Investment Summarized Financial Information Income Before Income Taxes
EquityMethodInvestmentSummarizedFinancialInformationIncomeBeforeIncomeTaxes
184436000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Income Before Income Taxes
EquityMethodInvestmentSummarizedFinancialInformationIncomeBeforeIncomeTaxes
32682000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Income Before Income Taxes
EquityMethodInvestmentSummarizedFinancialInformationIncomeBeforeIncomeTaxes
54799000 USD
tol Equity Method Investment Summarized Financial Information Income Tax Provision
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxProvision
596000 USD
tol Equity Method Investment Summarized Financial Information Income Tax Provision
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxProvision
587000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Income Tax Provision
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxProvision
201000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Income Tax Provision
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxProvision
238000 USD
tol Equity Method Investment Summarized Financial Information Net Income Including Earningsfrom Noncontrolling Interests
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeIncludingEarningsfromNoncontrollingInterests
38830000 USD
tol Equity Method Investment Summarized Financial Information Net Income Including Earningsfrom Noncontrolling Interests
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeIncludingEarningsfromNoncontrollingInterests
183849000 USD
CY2019Q3 tol Equity Method Investment Summarized Financial Information Net Income Including Earningsfrom Noncontrolling Interests
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeIncludingEarningsfromNoncontrollingInterests
32481000 USD
CY2018Q3 tol Equity Method Investment Summarized Financial Information Net Income Including Earningsfrom Noncontrolling Interests
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeIncludingEarningsfromNoncontrollingInterests
54561000 USD
tol Net Income Attributable To Noncontrolling Interest
NetIncomeAttributableToNoncontrollingInterest
9600000 USD
tol Net Income Attributable To Noncontrolling Interest
NetIncomeAttributableToNoncontrollingInterest
28017000 USD
CY2019Q3 tol Net Income Attributable To Noncontrolling Interest
NetIncomeAttributableToNoncontrollingInterest
7521000 USD
CY2018Q3 tol Net Income Attributable To Noncontrolling Interest
NetIncomeAttributableToNoncontrollingInterest
16079000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
29230000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
155832000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
24960000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
38482000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
17759000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
53913000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7200000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12469000 USD
CY2019Q3 us-gaap Loss Contingency Receivable
LossContingencyReceivable
116729000 USD
CY2018Q4 us-gaap Loss Contingency Receivable
LossContingencyReceivable
126291000 USD
CY2019Q3 us-gaap Deposits Assets
DepositsAssets
109778000 USD
CY2018Q4 us-gaap Deposits Assets
DepositsAssets
96937000 USD
CY2019Q3 us-gaap Escrow Deposit
EscrowDeposit
34032000 USD
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
33471000 USD
CY2019Q3 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
365755000 USD
CY2018Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
193015000 USD
CY2019Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
22095000 USD
CY2018Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
23065000 USD
CY2019Q3 us-gaap Other Assets
OtherAssets
71789000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
77999000 USD
CY2019Q3 tol Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
720178000 USD
CY2018Q4 tol Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
550778000 USD
CY2019Q3 us-gaap Other Loans Payable
OtherLoansPayable
291884000 USD
CY2018Q4 us-gaap Other Loans Payable
OtherLoansPayable
188115000 USD
CY2019Q3 us-gaap Loans Payable
LoansPayable
1089137000 USD
CY2018Q4 us-gaap Loans Payable
LoansPayable
686801000 USD
CY2019Q3 tol Number Of Issuances Of Senior Debt
NumberOfIssuancesOfSeniorDebt
7 debtissuances
CY2019Q3 tol Land Land Development And Construction Related Liabilities Current And Noncurrent
LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent
167971000 USD
CY2018Q4 tol Land Land Development And Construction Related Liabilities Current And Noncurrent
LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent
213641000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
159083000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
159374000 USD
CY2019Q3 us-gaap Deposit Liability Current
DepositLiabilityCurrent
34031000 USD
CY2018Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
32543000 USD
CY2019Q3 tol Insurance And Litigation Liabilities Current And Noncurrent
InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent
184355000 USD
CY2018Q4 tol Insurance And Litigation Liabilities Current And Noncurrent
InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent
168012000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
208919000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
258831000 USD
CY2019Q3 us-gaap Deferred Revenue
DeferredRevenue
42284000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
42179000 USD
CY2019Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
45083000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
40325000 USD
CY2019Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
8478000 USD
CY2018Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
10553000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
45736000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
48123000 USD
CY2019Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
895940000 USD
CY2018Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
973581000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
258831000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
329278000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
223655000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
297343000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
23771000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
24588000 USD
CY2019Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8817000 USD
CY2018Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
9901000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
425000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
425000 USD
CY2018Q3 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
75942000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
80883000 USD
CY2019Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
25540000 USD
CY2018Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
31106000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
208919000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
277753000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
208919000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
277753000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
126800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100300000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.187
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40600000 USD
CY2018Q3 tol Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
19000 shares
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59800000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.236
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-36200000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-5000000.0 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.233
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7100000 USD
us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeNotPossible
During the next 12 months, it is reasonably possible that our unrecognized tax benefits will change, but we are not able to provide a range of such change.
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19351000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21879000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5435000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6532000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5047000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6236000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1395000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1877000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
24400000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
20900000 USD
CY2019Q3 tol Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
3536000 USD
CY2018Q3 tol Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
2753000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4767000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9874000 shares
CY2019Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3979000 shares
CY2018Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3653000 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
35.13
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
43.30
CY2019Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
35.74
CY2018Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
37.24
CY2019Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
15805000 shares
CY2018Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
13223000 shares
CY2019Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
15805000 shares
CY2018Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
13223000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Net Income Loss
NetIncomeLoss
387692000 USD
us-gaap Net Income Loss
NetIncomeLoss
437175000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
146318000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
193258000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146041000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153290000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144750000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151257000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1438000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2443000 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1525000 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1916000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147479000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155733000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146275000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153173000 shares
tol Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
860000 shares
tol Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
899000 shares
CY2019Q3 tol Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
205000 shares
us-gaap Investment Income Interest
InvestmentIncomeInterest
13980000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5259000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3770000 USD
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1967000 USD
tol Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
21622000 USD
tol Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
10209000 USD
tol Retained Customer Deposits
RetainedCustomerDeposits
USD
tol Retained Customer Deposits
RetainedCustomerDeposits
4951000 USD
CY2019Q3 tol Retained Customer Deposits
RetainedCustomerDeposits
USD
CY2018Q3 tol Retained Customer Deposits
RetainedCustomerDeposits
796000 USD
tol Landsalesearningsnet
Landsalesearningsnet
USD
tol Landsalesearningsnet
Landsalesearningsnet
4175000 USD
CY2019Q3 tol Landsalesearningsnet
Landsalesearningsnet
USD
CY2018Q3 tol Landsalesearningsnet
Landsalesearningsnet
888000 USD
tol Other Misc Income
OtherMiscIncome
-1109000 USD
tol Other Misc Income
OtherMiscIncome
1562000 USD
CY2019Q3 tol Other Misc Income
OtherMiscIncome
-232000 USD
CY2018Q3 tol Other Misc Income
OtherMiscIncome
2386000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
40867000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
35756000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8721000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10965000 USD
tol Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
102670000 USD
tol Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
103049000 USD
CY2019Q3 tol Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
37541000 USD
CY2018Q3 tol Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
37815000 USD
tol Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
94379000 USD
tol Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
92840000 USD
CY2019Q3 tol Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
34005000 USD
CY2018Q3 tol Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
35062000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
13331000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
USD
CY2019Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
USD
CY2018Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
USD
CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
18200000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
12200000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
253097000 USD
CY2019Q3 us-gaap Assets
Assets
10452117000 USD
CY2018Q4 us-gaap Assets
Assets
10244590000 USD
CY2019Q3 us-gaap Purchase Obligation
PurchaseObligation
2459184000 USD
CY2018Q4 us-gaap Purchase Obligation
PurchaseObligation
2532895000 USD
CY2019Q3 us-gaap Purchase Obligation
PurchaseObligation
2459184000 USD
CY2018Q4 us-gaap Purchase Obligation
PurchaseObligation
2532895000 USD
CY2019Q3 tol Number Of Homes To Be Delivered
NumberOfHomesToBeDelivered
6839 luxury_homes
CY2019Q3 tol Sales Value Of Outstanding Deliver Homes
SalesValueOfOutstandingDeliverHomes
5840000000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
836258000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
522181000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
822000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
tol Numberofgeographicsegments
Numberofgeographicsegments
5
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4844966000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4688020000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1765691000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1913353000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
514521000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
537443000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
186916000 USD
us-gaap Interest Paid Net
InterestPaidNet
13327000 USD
us-gaap Interest Paid Net
InterestPaidNet
7191000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
107059000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
116638000 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
927000 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
322000 USD
us-gaap Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
175266000 USD
us-gaap Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
142003000 USD
tol Increasedecreaseininventoryforcapitalizedinterestourshareofequityearningsandallocationofbasisdifferenceinlandpurchasefrom J Vs
IncreasedecreaseininventoryforcapitalizedinterestourshareofequityearningsandallocationofbasisdifferenceinlandpurchasefromJVs
-4774000 USD
tol Increasedecreaseininventoryforcapitalizedinterestourshareofequityearningsandallocationofbasisdifferenceinlandpurchasefrom J Vs
IncreasedecreaseininventoryforcapitalizedinterestourshareofequityearningsandallocationofbasisdifferenceinlandpurchasefromJVs
-253000 USD
tol Noncashtransferofotherassetstoinventory
Noncashtransferofotherassetstoinventory
7100000 USD
tol Noncashtransferofotherassetstoinventory
Noncashtransferofotherassetstoinventory
20763000 USD
tol Non Cash Transfer Of Other Assets To Investment In Unconsolidated Entities
NonCashTransferOfOtherAssetsToInvestmentInUnconsolidatedEntities
11656000 USD
tol Non Cash Transfer Of Other Assets To Investment In Unconsolidated Entities
NonCashTransferOfOtherAssetsToInvestmentInUnconsolidatedEntities
21546000 USD
tol Reclassificationdeferredincomefromaccruedexpensestoinvestmentinunconsolidatedentities
Reclassificationdeferredincomefromaccruedexpensestoinvestmentinunconsolidatedentities
USD
tol Reclassificationdeferredincomefromaccruedexpensestoinvestmentinunconsolidatedentities
Reclassificationdeferredincomefromaccruedexpensestoinvestmentinunconsolidatedentities
5995000 USD
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
97061000 USD
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
4221000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
92840000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
686000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
837080000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
522867000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
836258000 USD
CY2019Q3 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
7995076000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288742000 USD
CY2019Q3 tol Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
720178000 USD
CY2019Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
169251000 USD
CY2019Q3 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
88043000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
354569000 USD
CY2019Q3 us-gaap Investments In And Advances To Affiliates Amount Of Equity
InvestmentsInAndAdvancesToAffiliatesAmountOfEquity
0 USD
CY2019Q3 us-gaap Assets
Assets
10452117000 USD
CY2019Q3 us-gaap Loans Payable
LoansPayable
1089137000 USD
CY2019Q3 us-gaap Senior Notes
SeniorNotes
2512877000 USD
CY2019Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
150000000 USD
CY2019Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
429665000 USD
CY2019Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
344665000 USD
CY2019Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
895940000 USD
CY2019Q3 tol Advances From Affiliiate
AdvancesFromAffiliiate
0 USD
CY2019Q3 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
45376000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
5467660000 USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
1779000 USD
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
724411000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5482955000 USD
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1270922000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
862000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
4939085000 USD
CY2019Q3 us-gaap Minority Interest
MinorityInterest
45372000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4984457000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10452117000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1182195000 USD
CY2018Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
7598219000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
193281000 USD
CY2018Q4 tol Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
550778000 USD
CY2018Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
170731000 USD
CY2018Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
117573000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
431813000 USD
CY2018Q4 us-gaap Investments In And Advances To Affiliates Amount Of Equity
InvestmentsInAndAdvancesToAffiliatesAmountOfEquity
0 USD
CY2018Q4 us-gaap Assets
Assets
10244590000 USD
CY2018Q4 us-gaap Loans Payable
LoansPayable
686801000 USD
CY2018Q4 us-gaap Senior Notes
SeniorNotes
2861375000 USD
CY2018Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
150000000 USD
CY2018Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
410864000 USD
CY2018Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
362098000 USD
CY2018Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
973581000 USD
CY2018Q4 tol Advances From Affiliiate
AdvancesFromAffiliiate
0 USD
CY2018Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
30959000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
5475678000 USD
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Payments To Acquire Property Plant And Equipment
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112373000 USD
tol Investment In Non Performing Loan Portfolios And Foreclosed Real Estate
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tol Return Of Investments In Non Performing Loan Portfolios And Foreclosed Real Estate
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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tol Investmentspaidintercompany
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tol Intercompany Investing Activites To From Consolidated Entities
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us-gaap Net Cash Provided By Used In Investing Activities
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tol Investmentreceivedintercompany
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us-gaap Net Cash Provided By Used In Financing Activities
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tol Intercompany Investing Activites To From Consolidated Entities
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us-gaap Proceeds From Issuance Of Senior Long Term Debt
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tol Paymentsof Debt Issuance Costs Senior Long Term Debt
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us-gaap Proceeds From Notes Payable
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tol Intercompany Financing Advances To From Consolidated Entities
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