2021 Q2 Form 10-Q Financial Statement

#000156168021000093 Filed on July 22, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $1.018B $770.1M
YoY Change 32.2% 10.22%
Cost Of Revenue $766.1M $601.8M
YoY Change 27.31% 3.76%
Gross Profit $251.9M $167.7M
YoY Change 50.25% 42.29%
Gross Profit Margin 24.75% 21.77%
Selling, General & Admin $96.75M $82.75M
YoY Change 16.92% -1.4%
% of Gross Profit 38.4% 49.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.020M $6.700M
YoY Change 34.63% 3.08%
% of Gross Profit 3.58% 4.0%
Operating Expenses $96.75M $82.75M
YoY Change 16.92% -1.4%
Operating Profit $151.9M $77.08M
YoY Change 97.01% 132.41%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net $149.0K -$6.328M
YoY Change -102.35% -4235.95%
Pretax Income $157.1M $74.67M
YoY Change 110.44% 110.97%
Income Tax $39.30M $18.10M
% Of Pretax Income 25.01% 24.24%
Net Earnings $117.9M $56.53M
YoY Change 108.51% 115.25%
Net Earnings / Revenue 11.58% 7.34%
Basic Earnings Per Share $1.01 $0.43
Diluted Earnings Per Share $1.00 $0.43
COMMON SHARES
Basic Shares Outstanding 116.8M shares 130.3M shares
Diluted Shares Outstanding 117.8M shares 130.5M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $556.5M $474.5M
YoY Change 17.28% 176.68%
Cash & Equivalents $556.5M $474.5M
Short-Term Investments
Other Short-Term Assets $9.115M $21.30M
YoY Change -57.21% -27.55%
Inventory $3.086B $3.013B
Prepaid Expenses
Receivables $44.83M $47.80M
Other Receivables $60.21M $39.80M
Total Short-Term Assets $3.756B $3.596B
YoY Change 4.46% 2.37%
LONG-TERM ASSETS
Property, Plant & Equipment $49.49M $58.16M
YoY Change -14.9% 3.52%
Goodwill $139.3M $139.3M
YoY Change 0.0% 0.0%
Intangibles $17.30M $20.32M
YoY Change -14.87% -2.56%
Long-Term Investments $74.05M $36.00M
YoY Change 105.7% 757.14%
Other Assets $50.40M $43.50M
YoY Change 15.86% -37.59%
Total Long-Term Assets $403.9M $381.9M
YoY Change 5.77% 4.73%
TOTAL ASSETS
Total Short-Term Assets $3.756B $3.596B
Total Long-Term Assets $403.9M $381.9M
Total Assets $4.160B $3.978B
YoY Change 4.58% 2.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $141.1M $71.10M
YoY Change 98.51% 12.68%
Accrued Expenses $296.6M $251.8M
YoY Change 17.81% -1.53%
Deferred Revenue $61.10M $29.93M
YoY Change 104.16%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $516.5M $371.8M
YoY Change 38.92% 8.02%
LONG-TERM LIABILITIES
Long-Term Debt $1.345B $1.416B
YoY Change -5.06% -1.11%
Other Long-Term Liabilities $19.77M $14.20M
YoY Change 39.19% -2.74%
Total Long-Term Liabilities $1.364B $1.430B
YoY Change -4.62% -1.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $516.5M $371.8M
Total Long-Term Liabilities $1.364B $1.430B
Total Liabilities $1.881B $1.802B
YoY Change 4.37% 0.62%
SHAREHOLDERS EQUITY
Retained Earnings $2.075B $1.692B
YoY Change 22.6% 18.92%
Common Stock $204.4M $483.4M
YoY Change -57.71% -27.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.279B $2.176B
YoY Change
Total Liabilities & Shareholders Equity $4.160B $3.978B
YoY Change 4.58% 2.59%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $117.9M $56.53M
YoY Change 108.51% 115.25%
Depreciation, Depletion And Amortization $9.020M $6.700M
YoY Change 34.63% 3.08%
Cash From Operating Activities $67.10M $255.2M
YoY Change -73.71% 2220.0%
INVESTING ACTIVITIES
Capital Expenditures -$3.246M -$3.800M
YoY Change -14.58% -35.59%
Acquisitions
YoY Change
Other Investing Activities -$5.620M -$24.80M
YoY Change -77.34% 4860.0%
Cash From Investing Activities -$8.866M -$28.50M
YoY Change -68.89% 345.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -86.45M -376.2M
YoY Change -77.02% -2178.45%
NET CHANGE
Cash From Operating Activities 67.10M 255.2M
Cash From Investing Activities -8.866M -28.50M
Cash From Financing Activities -86.45M -376.2M
Net Change In Cash -28.21M -149.5M
YoY Change -81.13% -758.59%
FREE CASH FLOW
Cash From Operating Activities $67.10M $255.2M
Capital Expenditures -$3.246M -$3.800M
Free Cash Flow $70.35M $259.0M
YoY Change -72.84% 1432.54%

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3136000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
10160000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8162000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7411000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
445000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
1729000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
173740000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-53902000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27797000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18304000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7996000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3677000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
61453000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4966000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
28325000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-5784000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7135000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5475000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6858000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
97304000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166228000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8946000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12002000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
-480000 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
25715000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8466000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-37700000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
850000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
721673000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3570000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4768000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2834000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
921000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4636000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5473000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
148278000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
102001000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-153650000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17006000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64812000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
145534000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
621295000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
329011000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
556483000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
474545000 USD
CY2021Q1 tph Numberof Brands
NumberofBrands
6 brand
CY2021Q2 tph Numberof Brands
NumberofBrands
1 brand
CY2021Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
10 state
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 and the disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from our estimates.</span></div>
CY2020Q2 us-gaap Restructuring Costs
RestructuringCosts
5500000 USD
tph Number Of Principal Businesses
NumberOfPrincipalBusinesses
2 business_line
CY2021Q1 tph Numberof Brands
NumberofBrands
6 brand
CY2021Q2 tph Numberof Brands
NumberofBrands
1 brand
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 tph Numberof Brands
NumberofBrands
6 brand
CY2021Q2 tph Numberof Brands
NumberofBrands
1 brand
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2021Q2 us-gaap Revenues
Revenues
1018064000 USD
CY2020Q2 us-gaap Revenues
Revenues
770106000 USD
us-gaap Revenues
Revenues
1739030000 USD
us-gaap Revenues
Revenues
1367156000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157134000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74671000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
251537000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
116375000 USD
CY2021Q2 us-gaap Assets
Assets
4160157000 USD
CY2020Q4 us-gaap Assets
Assets
4021980000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
139300000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
139300000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
117869000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
56528000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
188671000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
88411000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116824108 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130292563 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118082691 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132326856 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
945976 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
214004 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
838649 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
436919 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117770084 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130506567 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118921340 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
132763775 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1805413 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3090298 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2101688 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2992479 shares
CY2021Q2 tph Escrow Proceeds And Other Accounts Receivable Net
EscrowProceedsAndOtherAccountsReceivableNet
44829000 USD
CY2020Q4 tph Escrow Proceeds And Other Accounts Receivable Net
EscrowProceedsAndOtherAccountsReceivableNet
16642000 USD
CY2021Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
46519000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
46909000 USD
CY2021Q2 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
91348000 USD
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
63551000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
476000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
39000 USD
CY2021Q2 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
1331086000 USD
CY2020Q4 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
1006980000 USD
CY2021Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1157181000 USD
CY2020Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1328481000 USD
CY2021Q2 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
200214000 USD
CY2020Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
212939000 USD
CY2021Q2 tph Real Estate Inventories Owned Model Homes
RealEstateInventoriesOwnedModelHomes
230429000 USD
CY2020Q4 tph Real Estate Inventories Owned Model Homes
RealEstateInventoriesOwnedModelHomes
241345000 USD
CY2021Q2 tph Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Inventory Real Estate Owned
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInventoryRealEstateOwned
2918910000 USD
CY2020Q4 tph Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Inventory Real Estate Owned
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInventoryRealEstateOwned
2789745000 USD
CY2021Q2 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
166672000 USD
CY2020Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
120397000 USD
CY2021Q2 tph Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Real Estate Not Owned
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateNotOwned
166672000 USD
CY2020Q4 tph Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Real Estate Not Owned
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRealEstateNotOwned
120397000 USD
CY2021Q2 us-gaap Inventory Real Estate
InventoryRealEstate
3085582000 USD
CY2020Q4 us-gaap Inventory Real Estate
InventoryRealEstate
2910142000 USD
CY2021Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
22558000 USD
CY2020Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
21828000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
43737000 USD
CY2021Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
31124000 USD
CY2020Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
21806000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
42607000 USD
CY2021Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
22558000 USD
CY2020Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21828000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
43737000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
42607000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
0 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
0 USD
CY2021Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
182729000 USD
CY2020Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
196313000 USD
CY2020Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
182228000 USD
CY2019Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
192356000 USD
CY2021Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
22558000 USD
CY2020Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
21828000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
43737000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
42607000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
51802000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
38628000 USD
CY2021Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
174163000 USD
CY2020Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
196335000 USD
CY2021Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
174163000 USD
CY2020Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
196335000 USD
CY2021Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2021Q2 tph Land Option Abandonments And Pre Acquisition Charges
LandOptionAbandonmentsAndPreAcquisitionCharges
232000 USD
CY2020Q2 tph Land Option Abandonments And Pre Acquisition Charges
LandOptionAbandonmentsAndPreAcquisitionCharges
1380000 USD
tph Land Option Abandonments And Pre Acquisition Charges
LandOptionAbandonmentsAndPreAcquisitionCharges
445000 USD
tph Land Option Abandonments And Pre Acquisition Charges
LandOptionAbandonmentsAndPreAcquisitionCharges
1729000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
139300000 USD
CY2021Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
232000 USD
CY2020Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
1380000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
445000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
1729000 USD
CY2021Q2 tph Variable Interest Entity Deposits At Risk
VariableInterestEntityDepositsAtRisk
166672000 USD
CY2021Q2 tph Variable Interest Entity Remaining Purchase Price
VariableInterestEntityRemainingPurchasePrice
1125822000 USD
CY2021Q2 tph Variable Interest Entity Consolidated Inventory Held
VariableInterestEntityConsolidatedInventoryHeld
0 USD
CY2020Q4 tph Variable Interest Entity Deposits At Risk
VariableInterestEntityDepositsAtRisk
120397000 USD
CY2020Q4 tph Variable Interest Entity Remaining Purchase Price
VariableInterestEntityRemainingPurchasePrice
935351000 USD
CY2020Q4 tph Variable Interest Entity Consolidated Inventory Held
VariableInterestEntityConsolidatedInventoryHeld
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
139300000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
139304000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
139304000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
139304000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
139304000 USD
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10679000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17300000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8754000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19225000 USD
CY2021Q2 tph Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
167283000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10679000 USD
CY2021Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
156604000 USD
CY2020Q4 tph Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
167283000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8754000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
158529000 USD
CY2021Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9115000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
14984000 USD
CY2021Q2 us-gaap Deposit Assets
DepositAssets
20324000 USD
CY2020Q4 us-gaap Deposit Assets
DepositAssets
22029000 USD
CY2021Q2 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
1193000 USD
CY2020Q4 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
1528000 USD
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6013000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3073000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
49492000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52494000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48871000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
48798000 USD
CY2021Q2 us-gaap Income Tax Receivable
IncomeTaxReceivable
13693000 USD
CY2020Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
0 USD
CY2021Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2976000 USD
CY2021Q2 us-gaap Other Assets
OtherAssets
151701000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
145882000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
39246000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
48893000 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93522000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94475000 USD
CY2021Q2 tph Estimated Cost For Completion Of Real Estate Inventories
EstimatedCostForCompletionOfRealEstateInventories
102976000 USD
CY2020Q4 tph Estimated Cost For Completion Of Real Estate Inventories
EstimatedCostForCompletionOfRealEstateInventories
93292000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61096000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
43602000 USD
CY2021Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
307000 USD
CY2020Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
240000 USD
CY2021Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
17336000 USD
CY2020Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
13329000 USD
CY2021Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5512000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4655000 USD
CY2021Q2 tph Other Tax Liability
OtherTaxLiability
2478000 USD
CY2020Q4 tph Other Tax Liability
OtherTaxLiability
2180000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
52900000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
53239000 USD
CY2021Q2 us-gaap Other Liabilities
OtherLiabilities
19765000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
12835000 USD
CY2021Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
395138000 USD
CY2020Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
366740000 USD
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
14405000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15978000 USD
CY2021Q2 us-gaap Loans Payable
LoansPayable
258979000 USD
CY2020Q4 us-gaap Loans Payable
LoansPayable
258979000 USD
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
22600000 USD
CY2020Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
21800000 USD
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1100000 USD
CY2020Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1200000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
43700000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
42600000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2200000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2400000 USD
CY2021Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5500000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4700000 USD
CY2021Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1300000 USD
CY2021Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
46500000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
46900000 USD
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94793000 USD
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
76487000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94475000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
76607000 USD
CY2021Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5779000 USD
CY2020Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6988000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
12293000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
12144000 USD
CY2021Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7050000 USD
CY2020Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4285000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
13246000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
9561000 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93522000 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
79190000 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93522000 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
79190000 USD
CY2021Q2 us-gaap Lease Cost
LeaseCost
2433000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
2432000 USD
us-gaap Lease Cost
LeaseCost
4905000 USD
us-gaap Lease Cost
LeaseCost
4776000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1135000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3006000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1155000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4506000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3786000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8162000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7411000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
29600000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
44400000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
47500000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3400000 USD
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3400000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39300000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000.0 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3061000 USD
us-gaap Interest Paid Net
InterestPaidNet
1191000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69308000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-12000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
460000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
579000 USD
tph Amortization Of Deferred Loan Costs
AmortizationOfDeferredLoanCosts
1744000 USD
tph Amortization Of Deferred Loan Costs
AmortizationOfDeferredLoanCosts
1844000 USD

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