XML 55 R45.htm IDEA: XBRL DOCUMENT v3.5.0.2
Supplemental Guarantor Information (Statement of Operations and Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Homebuilding        
Home sale revenues $ 1,881,718 $ 1,464,131 $ 5,027,843 $ 3,795,366
Land sale revenues 13,167 3,649 20,604 27,651
Total homebuilding revenues 1,894,885 1,467,780 5,048,447 3,823,017
Financial Services 48,020 38,967 126,950 97,319
Consolidated revenues 1,942,905 1,506,747 5,175,397 3,920,336
Homebuilding Cost of Revenues:        
Home sale cost of revenues 1,485,611 1,118,874 3,949,449 2,913,299
Land sale cost of revenues 11,428 3,301 17,859 21,992
Total cost of revenues 1,497,039 1,122,175 3,967,308 2,935,291
Financial Services expenses 26,906 24,602 79,204 67,909
Selling, general, and administrative expenses 183,008 159,361 566,355 450,793
Other expense (income), net 23,617 21,333 42,402 23,638
Intercompany interest 0 0 0 0
Income (loss) before income taxes and equity in income (loss) of subsidiaries 212,335 179,276 520,128 442,705
Income tax expense (benefit) 83,865 71,507 190,598 176,643
Income (loss) before equity in income (loss) of subsidiaries 128,470 107,769 329,530 266,062
Equity in income (loss) of subsidiaries 0 0 0 0
Net income 128,470 107,769 329,530 266,062
Other comprehensive income 20 21 61 63
Comprehensive income (loss) 128,490 107,790 329,591 266,125
PulteGroup, Inc.        
Homebuilding        
Home sale revenues 0 0 0 0
Land sale revenues 0 0 0 0
Total homebuilding revenues 0 0 0 0
Financial Services 0 0 0 0
Consolidated revenues 0 0 0 0
Homebuilding Cost of Revenues:        
Home sale cost of revenues 0 0 0 0
Land sale cost of revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Financial Services expenses 0 13 0 300
Selling, general, and administrative expenses 0 0 0 0
Other expense (income), net 823 202 1,164 572
Intercompany interest 487 594 1,487 1,537
Income (loss) before income taxes and equity in income (loss) of subsidiaries (1,310) (809) (2,651) (2,409)
Income tax expense (benefit) (498) (307) (1,008) (917)
Income (loss) before equity in income (loss) of subsidiaries (812) (502) (1,643) (1,492)
Equity in income (loss) of subsidiaries 129,282 108,271 331,173 267,554
Net income 128,470 107,769 329,530 266,062
Other comprehensive income 20 21 61 63
Comprehensive income (loss) 128,490 107,790 329,591 266,125
Guarantor Subsidiaries        
Homebuilding        
Home sale revenues 1,871,284 1,464,131 5,011,027 3,795,366
Land sale revenues 13,167 3,649 19,069 27,651
Total homebuilding revenues 1,884,451 1,467,780 5,030,096 3,823,017
Financial Services 0 0 0 0
Consolidated revenues 1,884,451 1,467,780 5,030,096 3,823,017
Homebuilding Cost of Revenues:        
Home sale cost of revenues 1,474,377 1,118,874 3,930,546 2,913,299
Land sale cost of revenues 11,428 3,301 16,577 21,992
Total cost of revenues 1,485,805 1,122,175 3,947,123 2,935,291
Financial Services expenses 145 (13) 405 (274)
Selling, general, and administrative expenses 176,998 158,975 549,094 449,261
Other expense (income), net 26,166 21,267 56,599 23,702
Intercompany interest 2,072 2,039 6,290 5,886
Income (loss) before income taxes and equity in income (loss) of subsidiaries 193,265 163,337 470,585 409,151
Income tax expense (benefit) 76,552 65,347 171,535 163,713
Income (loss) before equity in income (loss) of subsidiaries 116,713 97,990 299,050 245,438
Equity in income (loss) of subsidiaries 21,948 9,913 31,827 21,586
Net income 138,661 107,903 330,877 267,024
Other comprehensive income 0 0 0 0
Comprehensive income (loss) 138,661 107,903 330,877 267,024
Non-Guarantor Subsidiaries        
Homebuilding        
Home sale revenues 10,434 0 16,816 0
Land sale revenues 0 0 1,535 0
Total homebuilding revenues 10,434 0 18,351 0
Financial Services 48,020 38,967 126,950 97,319
Consolidated revenues 58,454 38,967 145,301 97,319
Homebuilding Cost of Revenues:        
Home sale cost of revenues 11,234 0 18,903 0
Land sale cost of revenues 0 0 1,282 0
Total cost of revenues 11,234 0 20,185 0
Financial Services expenses 26,761 24,602 78,799 67,883
Selling, general, and administrative expenses 6,010 386 17,261 1,532
Other expense (income), net (3,372) (136) (15,361) (636)
Intercompany interest (2,559) (2,633) (7,777) (7,423)
Income (loss) before income taxes and equity in income (loss) of subsidiaries 20,380 16,748 52,194 35,963
Income tax expense (benefit) 7,811 6,467 20,071 13,847
Income (loss) before equity in income (loss) of subsidiaries 12,569 10,281 32,123 22,116
Equity in income (loss) of subsidiaries 75,884 82,484 261,777 227,143
Net income 88,453 92,765 293,900 249,259
Other comprehensive income 0 0 0 0
Comprehensive income (loss) 88,453 92,765 293,900 249,259
Eliminating Entries        
Homebuilding        
Home sale revenues 0 0 0 0
Land sale revenues 0 0 0 0
Total homebuilding revenues 0 0 0 0
Financial Services 0 0 0 0
Consolidated revenues 0 0 0 0
Homebuilding Cost of Revenues:        
Home sale cost of revenues 0 0 0 0
Land sale cost of revenues 0 0 0 0
Total cost of revenues 0 0 0 0
Financial Services expenses 0 0 0 0
Selling, general, and administrative expenses 0 0 0 0
Other expense (income), net 0 0 0 0
Intercompany interest 0 0 0 0
Income (loss) before income taxes and equity in income (loss) of subsidiaries 0 0 0 0
Income tax expense (benefit) 0 0 0 0
Income (loss) before equity in income (loss) of subsidiaries 0 0 0 0
Equity in income (loss) of subsidiaries (227,114) (200,668) (624,777) (516,283)
Net income (227,114) (200,668) (624,777) (516,283)
Other comprehensive income 0 0 0 0
Comprehensive income (loss) $ (227,114) $ (200,668) $ (624,777) $ (516,283)