2022 Q1 Form 10-Q Financial Statement
#000079417022000015 Filed on March 03, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $1.791B | $1.563B |
YoY Change | 14.56% | 17.42% |
Cost Of Revenue | $1.389B | $1.234B |
YoY Change | 12.62% | 15.78% |
Gross Profit | $401.9M | $329.8M |
YoY Change | 21.85% | 23.99% |
Gross Profit Margin | 22.44% | 21.1% |
Selling, General & Admin | $226.9M | $210.7M |
YoY Change | 7.65% | -3.57% |
% of Gross Profit | 56.44% | 63.89% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $14.68M | $16.88M |
YoY Change | -13.02% | 15.06% |
% of Gross Profit | 3.65% | 5.12% |
Operating Expenses | $226.9M | $210.7M |
YoY Change | 7.65% | -3.57% |
Operating Profit | $175.1M | $119.1M |
YoY Change | 46.98% | 150.78% |
Interest Expense | $23.60M | $2.600M |
YoY Change | 807.69% | |
% of Operating Profit | 13.48% | 2.18% |
Other Income/Expense, Net | $3.712M | $7.101M |
YoY Change | -47.73% | 12.8% |
Pretax Income | $200.8M | $127.4M |
YoY Change | 57.62% | 93.24% |
Income Tax | $48.90M | $30.90M |
% Of Pretax Income | 24.35% | 24.25% |
Net Earnings | $151.9M | $96.50M |
YoY Change | 57.42% | 69.67% |
Net Earnings / Revenue | 8.48% | 6.17% |
Basic Earnings Per Share | $1.26 | $0.77 |
Diluted Earnings Per Share | $1.24 | $0.76 |
COMMON SHARES | ||
Basic Shares Outstanding | 121.0M shares | 126.1M shares |
Diluted Shares Outstanding | 122.9M shares | 127.6M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $671.0M | $950.0M |
YoY Change | -29.37% | 82.69% |
Cash & Equivalents | $671.4M | $949.7M |
Short-Term Investments | ||
Other Short-Term Assets | $39.00M | $29.00M |
YoY Change | 34.48% | 16.0% |
Inventory | $8.584B | $7.924B |
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $9.726B | $9.570B |
YoY Change | 1.63% | 1.15% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $315.1M | $277.7M |
YoY Change | 13.47% | -2.83% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $680.0M | $572.0M |
YoY Change | 18.88% | 57.14% |
Other Assets | $159.0M | $109.0M |
YoY Change | 45.87% | -0.91% |
Total Long-Term Assets | $1.558B | $1.294B |
YoY Change | 20.39% | 14.9% |
TOTAL ASSETS | ||
Total Short-Term Assets | $9.726B | $9.570B |
Total Long-Term Assets | $1.558B | $1.294B |
Total Assets | $11.28B | $10.86B |
YoY Change | 3.86% | 2.61% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $557.0M | $460.0M |
YoY Change | 21.09% | 46.5% |
Accrued Expenses | $1.198B | $1.029B |
YoY Change | 16.42% | 7.41% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $2.704B | $2.213B |
YoY Change | 22.19% | 23.42% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.239B | $3.736B |
YoY Change | -13.3% | -7.41% |
Other Long-Term Liabilities | $39.00M | $80.00M |
YoY Change | -51.25% | 50.94% |
Total Long-Term Liabilities | $3.278B | $3.816B |
YoY Change | -14.1% | -6.65% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.704B | $2.213B |
Total Long-Term Liabilities | $3.278B | $3.816B |
Total Liabilities | $5.982B | $6.030B |
YoY Change | -0.78% | 2.51% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $5.101B | $5.246B |
YoY Change | -2.77% | 8.92% |
Common Stock | $712.8M | $710.2M |
YoY Change | 0.37% | -1.99% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $563.6M | $1.163B |
YoY Change | -51.53% | 32.16% |
Treasury Stock Shares | 10.43M shares | 29.98M shares |
Shareholders Equity | $5.256B | $4.787B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $11.28B | $10.86B |
YoY Change | 3.86% | 2.61% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $151.9M | $96.50M |
YoY Change | 57.42% | 69.67% |
Depreciation, Depletion And Amortization | $14.68M | $16.88M |
YoY Change | -13.02% | 15.06% |
Cash From Operating Activities | -$280.7M | $55.32M |
YoY Change | -607.38% | -115.1% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $18.48M | $14.50M |
YoY Change | 27.45% | -45.99% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$194.0K | -$334.0K |
YoY Change | -41.92% | -101.35% |
Cash From Investing Activities | -$62.36M | -$9.781M |
YoY Change | 537.51% | 362.24% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $21.08M | $14.29M |
YoY Change | 47.55% | -4.49% |
Common Stock Issuance & Retirement, Net | $128.1M | $179.4M |
YoY Change | -28.61% | -62.31% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$617.0M | -$462.3M |
YoY Change | 33.48% | 17.79% |
NET CHANGE | ||
Cash From Operating Activities | -$280.7M | $55.32M |
Cash From Investing Activities | -$62.36M | -$9.781M |
Cash From Financing Activities | -$617.0M | -$462.3M |
Net Change In Cash | -$960.1M | -$416.7M |
YoY Change | 130.39% | 5.62% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$280.7M | $55.32M |
Capital Expenditures | $18.48M | $14.50M |
Free Cash Flow | -$299.2M | $40.83M |
YoY Change | -832.78% | -110.38% |
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CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4927476000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
96499000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13615000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
179395000 | USD |
CY2021Q1 | tol |
Exercise Of Stock Options Stock Based Compensation Issuances And Employee Stock Purchase Plan Issuances
ExerciseOfStockOptionsStockBasedCompensationIssuancesAndEmployeeStockPurchasePlanIssuances
|
-4400000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12834000 | USD |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
14055000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
712000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-21000 | USD |
CY2021Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4563000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4834492000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
151904000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
96499000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14679000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
16876000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12834000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
22037000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1194000 | USD |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
38279000 | USD |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2372000 | USD |
CY2021Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-3617000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
565482000 | USD |
CY2022Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
23502000 | USD |
CY2021Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1080000 | USD |
CY2022Q1 | tol |
Change In Deferred Tax Asset
ChangeInDeferredTaxAsset
|
2408000 | USD |
CY2021Q1 | tol |
Change In Deferred Tax Asset
ChangeInDeferredTaxAsset
|
1277000 | USD |
CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
2233000 | USD |
CY2021Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1267000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
274327000 | USD |
CY2022Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
412955000 | USD |
CY2021Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
376036000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
520370000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
478982000 | USD |
CY2022Q1 | tol |
Increase Decrease In Receivables Prepaid Expenses And Other Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssets
|
6557000 | USD |
CY2021Q1 | tol |
Increase Decrease In Receivables Prepaid Expenses And Other Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssets
|
-34733000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
48074000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
3421000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
77618000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
60580000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-34294000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
40835000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-280698000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
55323000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18475000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14496000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
109866000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
112828000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
65792000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
37853000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
79356000 | USD |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-194000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-334000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-62355000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9781000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
766858000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
597973000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
822142000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
847415000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
409856000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
10020000 | USD |
CY2022Q1 | tol |
Paymentsproceedsfromstockbasedbenefitplans
Paymentsproceedsfromstockbasedbenefitplans
|
-2701000 | USD |
CY2021Q1 | tol |
Paymentsproceedsfromstockbasedbenefitplans
Paymentsproceedsfromstockbasedbenefitplans
|
-4397000 | USD |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
128069000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
179395000 | USD |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
21077000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
14285000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-61000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-4728000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-617048000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-462267000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-960101000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-416725000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1684412000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1396604000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
724311000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
979879000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
732300000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
636400000 | USD |
CY2022Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
ReclassificationCertain prior period amounts have been reclassified to conform to the fiscal 2022 presentation. | |
CY2022Q1 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
8584427000 | USD |
CY2021Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1267000 | USD |
CY2021Q4 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
7915884000 | USD |
CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
2233000 | USD |
CY2021Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
253938000 | USD |
CY2020Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
297975000 | USD |
CY2022Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
31005000 | USD |
CY2021Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
41268000 | USD |
CY2022Q1 | tol |
Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
|
-1290000 | USD |
CY2021Q1 | tol |
Real Estate Inventory Capitalized Interest Unconsolidated Entities
RealEstateInventoryCapitalizedInterestUnconsolidatedEntities
|
-1134000 | USD |
CY2022Q1 | tol |
Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
|
135000 | USD |
CY2021Q1 | tol |
Real Estate Inventory Capitalized Interest Unconsolidated Entities Transferto Inventory
RealEstateInventoryCapitalizedInterestUnconsolidatedEntitiesTransfertoInventory
|
15000 | USD |
CY2022Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
247942000 | USD |
CY2021Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
302961000 | USD |
CY2022Q1 | tol |
Numberof Joint Ventures
NumberofJointVentures
|
55 | joint_ventures |
CY2022Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
679643000 | USD |
CY2022Q1 | tol |
Numberofjointventurewithfundingcommitments
Numberofjointventurewithfundingcommitments
|
26 | joint_ventures |
CY2022Q1 | us-gaap |
Other Commitment
OtherCommitment
|
188141000 | USD |
CY2022Q1 | tol |
Numberofjointventureswithloancommitments
Numberofjointventureswithloancommitments
|
34 | joint_ventures |
CY2022Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
2815981000 | USD |
CY2022Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
1768202000 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
1220235000 | USD |
CY2022Q1 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
21200000 | USD |
CY2021Q4 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
16500000 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Receivable
LossContingencyReceivable
|
15126000 | USD |
CY2021Q4 | us-gaap |
Loss Contingency Receivable
LossContingencyReceivable
|
16773000 | USD |
CY2022Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
68532000 | USD |
CY2021Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
67626000 | USD |
CY2022Q1 | us-gaap |
Escrow Deposit
EscrowDeposit
|
51683000 | USD |
CY2021Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
41429000 | USD |
CY2022Q1 | us-gaap |
Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
|
348624000 | USD |
CY2021Q4 | us-gaap |
Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
|
381401000 | USD |
CY2022Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
38574000 | USD |
CY2021Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
34960000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
98923000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
96276000 | USD |
CY2022Q1 | us-gaap |
Other Assets
OtherAssets
|
121906000 | USD |
CY2021Q4 | us-gaap |
Other Assets
OtherAssets
|
99613000 | USD |
CY2022Q1 | tol |
Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
|
743368000 | USD |
CY2021Q4 | tol |
Receivablesprepaidexpensesandotherassets
Receivablesprepaidexpensesandotherassets
|
738078000 | USD |
CY2022Q1 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
495624000 | USD |
CY2021Q4 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
364042000 | USD |
CY2022Q1 | us-gaap |
Loans Payable
LoansPayable
|
1143248000 | USD |
CY2021Q4 | us-gaap |
Loans Payable
LoansPayable
|
1011534000 | USD |
CY2022Q1 | tol |
Number Of Issuances Of Senior Debt
NumberOfIssuancesOfSeniorDebt
|
5 | debtissuances |
CY2022Q1 | tol |
Land Land Development And Construction Related Liabilities Current And Noncurrent
LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent
|
298390000 | USD |
CY2021Q4 | tol |
Land Land Development And Construction Related Liabilities Current And Noncurrent
LandLandDevelopmentAndConstructionRelatedLiabilitiesCurrentAndNoncurrent
|
310996000 | USD |
CY2022Q1 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
176256000 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
232161000 | USD |
CY2022Q1 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
46159000 | USD |
CY2021Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
36107000 | USD |
CY2022Q1 | tol |
Insurance And Litigation Liabilities Current And Noncurrent
InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent
|
239194000 | USD |
CY2021Q4 | tol |
Insurance And Litigation Liabilities Current And Noncurrent
InsuranceAndLitigationLiabilitiesCurrentAndNoncurrent
|
236369000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
143043000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
145062000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
119851000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
116248000 | USD |
CY2022Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
38515000 | USD |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
36638000 | USD |
CY2022Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
35762000 | USD |
CY2021Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
34033000 | USD |
CY2022Q1 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
29969000 | USD |
CY2021Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
22150000 | USD |
CY2022Q1 | tol |
Treasury Share Purchases Accrued
TreasurySharePurchasesAccrued
|
57699000 | USD |
CY2021Q4 | tol |
Treasury Share Purchases Accrued
TreasurySharePurchasesAccrued
|
0 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
51587000 | USD |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
50471000 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
1236425000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
145062000 | USD |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
157351000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
9455000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
7402000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
14431000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
15070000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
143043000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
150877000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48900000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30900000 | USD |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.243 | |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.052 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.058 | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
5900000 | USD |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
13615000 | USD |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12834000 | USD |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3413000 | USD |
CY2021Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3289000 | USD |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
24400000 | USD |
CY2021Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
14700000 | USD |
CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3013000 | shares |
CY2021Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4027000 | shares |
CY2022Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
61.65 | |
CY2021Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
44.54 | |
CY2022Q1 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
9550000 | shares |
CY2021Q1 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
15957000 | shares |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.17 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.11 | |
CY2022Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5811000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-6486000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
151904000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
96499000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
120996000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
126060000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1862000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1502000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
122858000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127562000 | shares |
CY2022Q1 | tol |
Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
|
408000 | shares |
CY2021Q1 | tol |
Shares Issued Under Stock Incentive And Employee Stock Purchase Plans
SharesIssuedUnderStockIncentiveAndEmployeeStockPurchasePlans
|
456000 | shares |
CY2022Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1558000 | USD |
CY2021Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1455000 | USD |
CY2022Q1 | tol |
Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
|
1960000 | USD |
CY2021Q1 | tol |
Incomefrom Ancillary Businesses
IncomefromAncillaryBusinesses
|
6859000 | USD |
CY2022Q1 | tol |
Other Misc Income
OtherMiscIncome
|
-1144000 | USD |
CY2021Q1 | tol |
Other Misc Income
OtherMiscIncome
|
-1330000 | USD |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3712000 | USD |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
7101000 | USD |
CY2022Q1 | tol |
Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
|
27697000 | USD |
CY2021Q1 | tol |
Revenuefrom Ancillary Business
RevenuefromAncillaryBusiness
|
29101000 | USD |
CY2022Q1 | tol |
Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
|
25737000 | USD |
CY2021Q1 | tol |
Expensesfrom Ancillary Businesses
ExpensesfromAncillaryBusinesses
|
22242000 | USD |
CY2022Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
4653967000 | USD |
CY2021Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
4452757000 | USD |
CY2022Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
4653967000 | USD |
CY2021Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
4452757000 | USD |
CY2022Q1 | tol |
Number Of Homes To Be Delivered
NumberOfHomesToBeDelivered
|
11302 | luxury_homes |
CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
2233000 | USD |
CY2022Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
94577000 | USD |
CY2022Q1 | tol |
Sales Value Of Outstanding Deliver Homes
SalesValueOfOutstandingDeliverHomes
|
10800000000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
33050000 | USD |
CY2022Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | joint_ventures |
CY2022Q1 | tol |
Numberofgeographicsegments
Numberofgeographicsegments
|
5 | joint_ventures |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1791081000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1563376000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
200816000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
127405000 | USD |
CY2022Q1 | us-gaap |
Assets
Assets
|
11283879000 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
11537850000 | USD |
CY2021Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1267000 | USD |
CY2022Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
|
123176000 | USD |
CY2021Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
|
40511000 | USD |
CY2022Q1 | tol |
Accrued Treasury Share Purchases
AccruedTreasurySharePurchases
|
57699000 | USD |
CY2021Q1 | tol |
Accrued Treasury Share Purchases
AccruedTreasurySharePurchases
|
0 | USD |
CY2022Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
556000 | USD |
CY2021Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
49979000 | USD |
CY2022Q1 | tol |
Non Cash Transfer Of Other Assets To Investment In Unconsolidated Entities
NonCashTransferOfOtherAssetsToInvestmentInUnconsolidatedEntities
|
36154000 | USD |
CY2021Q1 | tol |
Non Cash Transfer Of Other Assets To Investment In Unconsolidated Entities
NonCashTransferOfOtherAssetsToInvestmentInUnconsolidatedEntities
|
13228000 | USD |
CY2022Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
6022000 | USD |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
522000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
671365000 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
949696000 | USD |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
52946000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
30183000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
724311000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
979879000 | USD |