$TPH
Tri Pointe Homes, Inc.

2014 Q2 Form 10-Q Financial Statement

#000119312514300364 Filed on August 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $342.6M $51.09M
YoY Change 570.55% 554.29%
Cost Of Revenue $268.0M $348.3M
YoY Change -23.05% 4947.83%
Gross Profit $74.52M $56.50M
YoY Change 31.9% 5816.13%
Gross Profit Margin 21.75% 110.59%
Selling, General & Admin $9.761M $5.899M
YoY Change 65.47% 159.87%
% of Gross Profit 13.1% 10.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.100M $100.0K
YoY Change 6000.0% 0.0%
% of Gross Profit 8.19% 0.18%
Operating Expenses $9.761M $5.899M
YoY Change 65.47% 159.87%
Operating Profit $10.92M $3.475M
YoY Change 214.24% -364.26%
Interest Expense $2.212M $0.00
YoY Change
% of Operating Profit 20.26% 0.0%
Other Income/Expense, Net $58.00K $89.00K
YoY Change -34.83% -4550.0%
Pretax Income $10.37M $3.564M
YoY Change 190.99% -370.62%
Income Tax $4.247M $1.489M
% Of Pretax Income 40.95% 41.78%
Net Earnings $24.23M $8.418M
YoY Change 187.78% -739.18%
Net Earnings / Revenue 7.07% 16.48%
Basic Earnings Per Share $0.19 $0.06
Diluted Earnings Per Share $0.19 $0.06
COMMON SHARES
Basic Shares Outstanding 31.63M shares 31.60M shares
Diluted Shares Outstanding 31.75M shares 31.61M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.10M $77.37M
YoY Change -66.27%
Cash & Equivalents $26.12M $37.54M
Short-Term Investments $39.84M
Other Short-Term Assets $13.10M
YoY Change
Inventory $542.0M $301.8M
Prepaid Expenses
Receivables $4.000M $1.400M
Other Receivables $0.00 $0.00
Total Short-Term Assets $585.2M $340.7M
YoY Change 71.76%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $39.80M
YoY Change
Other Assets $9.100M
YoY Change
Total Long-Term Assets $15.99M $42.26M
YoY Change -62.17%
TOTAL ASSETS
Total Short-Term Assets $585.2M $340.7M
Total Long-Term Assets $15.99M $42.26M
Total Assets $601.2M $383.0M
YoY Change 56.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.60M $12.80M
YoY Change 60.94%
Accrued Expenses $19.50M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.10M $12.80M
YoY Change 213.28%
LONG-TERM LIABILITIES
Long-Term Debt $227.1M $62.60M
YoY Change 262.78%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $227.1M $62.60M
YoY Change 262.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.10M $12.80M
Total Long-Term Liabilities $227.1M $62.60M
Total Liabilities $267.2M $75.39M
YoY Change 254.46%
SHAREHOLDERS EQUITY
Retained Earnings $21.53M -$1.917M
YoY Change -1223.32%
Common Stock $316.0K $316.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $334.0M $307.6M
YoY Change
Total Liabilities & Shareholders Equity $601.2M $383.0M
YoY Change 56.98%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $24.23M $8.418M
YoY Change 187.78% -739.18%
Depreciation, Depletion And Amortization $6.100M $100.0K
YoY Change 6000.0% 0.0%
Cash From Operating Activities $146.2M -$55.20M
YoY Change -364.86% 94.37%
INVESTING ACTIVITIES
Capital Expenditures -$4.200M -$200.0K
YoY Change 2000.0% 100.0%
Acquisitions
YoY Change
Other Investing Activities $200.0K $20.00M
YoY Change -99.0%
Cash From Investing Activities -$3.900M $19.80M
YoY Change -119.7% -19900.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 805.3M 1.700M
YoY Change 47270.59% -92.54%
NET CHANGE
Cash From Operating Activities 146.2M -55.20M
Cash From Investing Activities -3.900M 19.80M
Cash From Financing Activities 805.3M 1.700M
Net Change In Cash 947.6M -33.70M
YoY Change -2911.87% 491.23%
FREE CASH FLOW
Cash From Operating Activities $146.2M -$55.20M
Capital Expenditures -$4.200M -$200.0K
Free Cash Flow $150.4M -$55.00M
YoY Change -373.45% 94.35%

Facts In Submission

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dei Trading Symbol
TradingSymbol
TPH
dei Entity Registrant Name
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TRI Pointe Homes, Inc.
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dei Document Type
DocumentType
10-Q
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2014-06-30
dei Entity Central Index Key
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P8Y7M6D
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31697057 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
18.30
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
154598 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
17.81
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
16.17
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-93159000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
74101 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.17
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
1600000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31622956 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0274 pure
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
us-gaap Debt Instrument Offering Date1
DebtInstrumentOfferingDate1
2013-11-03
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Our financial statements have been prepared in accordance with GAAP. The preparation of these financial statements requires our management to make estimates and judgments that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of costs and expenses during the reporting period. On an ongoing basis, our management evaluates its estimates and judgments. Our management bases its estimates and judgments on historical experience and on various other factors that we believe to be reasonable under the circumstances. Actual results may differ from our estimates under different assumptions or conditions.</p> </div>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
51598 shares
us-gaap Interest Paid Net
InterestPaidNet
us-gaap Home Building Revenue
HomeBuildingRevenue
160148000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10422000
us-gaap Gross Profit
GrossProfit
37061000
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2268000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17816000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17564000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
4447000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
342173000
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
3304000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
49000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11084000
us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
0
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
us-gaap Operating Income Loss
OperatingIncomeLoss
18922000
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
979000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
303000
us-gaap Net Income Loss
NetIncomeLoss
10422000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
86395000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
248000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
160148000
us-gaap Interest Costs Incurred
InterestCostsIncurred
3304000
us-gaap Costs And Expenses
CostsAndExpenses
141226000
us-gaap Home Building Costs
HomeBuildingCosts
123087000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12767000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
84266000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
431189000
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
3304000
us-gaap Share Based Compensation
ShareBasedCompensation
1528000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9141000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5372000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
303000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-248000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2754000
us-gaap Interest Expense
InterestExpense
0
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2757000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
909000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
149000
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
1155000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7394000
tph Transaction Related Expenses
TransactionRelatedExpenses
1200000
tph Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2Granted
P9Y9M18D
tph Number Of Revolving Credit Facility
NumberOfRevolvingCreditFacility
2 Facility
tph Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedAggregateIntrinsicValue
25000
tph Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Grant In Period Aggregate Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantInPeriodAggregateIntrinsicValue
3424000
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y1M6D
CY2013 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
0
CY2013 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31614646 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
16739 shares
CY2013Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
621000
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31597907 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2013Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
47457000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1832000
CY2013Q2 us-gaap Gross Profit
GrossProfit
9374000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3564000
CY2013Q2 us-gaap Construction Revenue
ConstructionRevenue
3630000
CY2013Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
579000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
89000
CY2013Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-243000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3475000
CY2013Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
502000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
2075000
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-264000
CY2013Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
51087000
CY2013Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
579000
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
47612000
CY2013Q2 us-gaap Home Building Costs
HomeBuildingCosts
38318000
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4108000
CY2013Q2 us-gaap Construction And Development Costs
ConstructionAndDevelopmentCosts
3395000
CY2013Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
579000
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
517000
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1791000
CY2013Q2 us-gaap Interest Expense
InterestExpense
0
CY2013Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
257000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-21000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1489000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31750938 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
118405 shares
CY2014Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
873000
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31632533 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
87336000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6124000
CY2014Q2 us-gaap Gross Profit
GrossProfit
20681000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10371000
CY2014Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
2068000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
58000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
10920000
CY2014Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
557000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
6124000
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
CY2014Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
87336000
CY2014Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
2068000
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
76416000
CY2014Q2 us-gaap Home Building Costs
HomeBuildingCosts
66655000
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6875000
CY2014Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
2068000
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
962000
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2886000
CY2014Q2 us-gaap Interest Expense
InterestExpense
0
CY2014Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
480000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
CY2014Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
607000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4247000
CY2014Q2 tph Transaction Related Expenses
TransactionRelatedExpenses
607000

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