XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Commitments and Contingencies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract] |
Summary of Changes in Loan Origination Liability | Our mortgage operations may be responsible for losses associated with mortgage loans originated and sold to investors in the event of errors or omissions relating to representations and warranties made by us that the loans met certain requirements, including representations as to underwriting standards, the existence of primary mortgage insurance, and the validity of certain borrower representations in connection with the loan. In addition, certain trustees and investors continue to attempt to collect damages based on losses from loans that originated prior to 2009. Some of our mortgage subsidiaries are currently defendants in litigation related to such claims. Our recorded liabilities for all such claims totaled $34.4 million and $34.6 million at September 30, 2018 and December 31, 2017, respectively. Determining the liabilities for anticipated losses requires a significant level of management judgment. Given the nature of these claims and the uncertainty regarding their ultimate resolution, actual costs could differ from our current estimates.
Summary of Changes in Warranty Liability | Changes to warranty liabilities were as follows ($000’s omitted):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Warranty liabilities, beginning of period | $ | 72,169 |  |  | $ | 73,353 |  |  | $ | 72,709 |  |  | $ | 66,134 |
Reserves provided | 18,376 |  |  | 12,286 |  |  | 46,022 |  |  | 35,374 |
Payments | (15,993 | ) |  | (14,679 | ) |  | (47,403 | ) |  | (43,594 | )
Other adjustments (a) | 638 |  |  | 265 |  |  | 3,862 |  |  | 13,311 |
Warranty liabilities, end of period | $ | 75,190 |  |  | $ | 71,225 |  |  | $ | 75,190 |  |  | $ | 71,225 |
(a) | During the nine months ended September 30, 2017, we recognized a charge of $12.3 million related to estimated costs to complete repairs in a closed-out community in Florida.
Summary of Changes in Self-Insurance Liability | Changes in these liabilities were as follows ($000's omitted):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Balance, beginning of period | $ | 725,482 |  |  | $ | 814,756 |  |  | $ | 758,812 |  |  | $ | 831,058 |
Reserves provided, net | 24,106 |  |  | 24,361 |  |  | 67,001 |  |  | 62,970 |
Adjustments to previously recorded reserves (a) | (5,065 | ) |  | (511 | ) |  | (40,133 | ) |  | (22,304 | )
Payments, net (b) | (18,026 | ) |  | (13,981 | ) |  | (59,183 | ) |  | (47,099 | )
Balance, end of period | $ | 726,497 |  |  | $ | 824,625 |  |  | $ | 726,497 |  |  | $ | 824,625 |
(a) | Includes general liability reserve reversals of $37.9 million and $19.8 million for the nine months ended September 30, 2018 and September 30, 2017, respectively.
(b) Includes net changes in amounts expected to be recovered from our insurance carriers, which are recorded in other assets (see below).

X
- Definition Self-insurance liability rollforward + References No definition available. + Details
Name: | phm_SelfInsuranceLiabilityRollforwardTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of changes in loan origination liability [Table Text Block] + References No definition available. + Details
Name: | phm_SummaryOfChangesInLoanOriginationLiabilityTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration