Taylor morrison home corp (TMHC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Sep'12Jun'12Mar'12
Revenue

5,182

4,762

4,753

4,684

4,400

4,227

4,069

3,940

3,868

3,885

3,782

3,727

3,673

3,550

3,323

3,266

3,112

2,976

3,018

2,851

2,747

2,708

2,087

2,093

2,005

1,916

1,846

1,529

0

0

0

-

Financial services revenue

0

-

0

0

0

-

69

69

69

-

70

66

64

59

51

48

45

43

41

38

36

35

32

31

30

30

26

23

0

0

0

-

Financial services expenses

0

-

0

0

0

-

42

44

42

-

40

36

34

32

30

29

26

25

24

22

20

19

18

17

16

16

14

13

0

0

0

-

Total cost of revenue

4,332

3,937

3,919

3,862

3,633

3,489

3,293

3,193

3,128

3,146

3,075

3,012

2,970

2,869

2,678

2,651

2,520

2,408

2,434

2,284

2,189

2,142

1,630

1,633

1,567

1,500

1,451

1,207

0

0

0

-

Gross margin

849

824

834

822

767

738

775

747

740

738

707

714

703

680

644

615

591

567

584

566

557

566

457

460

437

415

394

322

0

0

0

-

Sales, commissions and other marketing costs

339

320

319

310

292

278

266

260

257

259

252

249

247

239

227

222

210

198

191

179

171

168

144

140

134

127

116

97

0

0

0

-

General and administrative expenses

183

169

157

148

141

138

132

132

130

130

131

128

125

122

116

111

103

95

93

87

82

81

66

69

76

77

81

69

0

0

0

-

Equity in income of unconsolidated entities

9

9

11

11

12

13

11

11

11

8

9

8

7

7

5

3

2

1

3

4

4

5

-14

-6

0

2

24

19

0

0

0

-

Interest income, net

2

2

2

2

1

1

1

1

0

0

0

0

0

0

0

0

0

0

0

-0

-0

-1

-3

-1

-2

-0

-0

-0

0

0

0

-

Other expense/(income), net

-14

-7

-5

-5

-9

-11

-6

-5

-3

-2

-4

-5

-8

-11

-8

-9

-9

-11

-19

-20

-21

-18

-10

-8

-5

-2

-1

0

0

0

0

-

Transaction expenses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Acquisition Costs

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-9

-6

-

0

0

0

0

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-

-

-

-

0

-

-

0

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Gain on foreign currency forward

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

0

0

-

0

-

-

-

-

-

-

-

-

-

Indemnification and transaction expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-195

-189

-202

0

0

0

-

Income/(loss) before income taxes

0

-

0

0

0

-

383

361

360

-

328

340

329

314

297

275

237

260

279

280

316

301

210

225

12

4

20

-45

0

0

0

-

Income tax provision

51

67

93

76

68

63

151

169

171

179

106

114

113

107

102

93

80

90

80

77

87

76

49

61

-28

-23

-20

-62

0

0

0

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Transaction expenses from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

0

0

-

0

-

-

-

-

-

-

-

-

-

Gain on sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

80

0

0

-

0

-

-

-

-

-

-

-

-

-

Income tax expense from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

20

28

32

19

0

0

0

-

-

-

-

-

-

-

Net income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

67

84

94

41

0

0

0

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

174

254

209

236

214

210

231

191

188

176

222

226

216

206

196

183

158

229

267

287

323

267

216

71

0

-

0

0

-

-

-

-

Net income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

0

0

0

-

Discontinued operations:
Net income attributable to non-controlling interests — joint ventures

1

0

0

0

0

0

0

0

0

0

1

1

1

1

1

0

1

1

2

2

1

1

0

0

-0

-0

-0

-0

0

0

0

-

Net income before allocation to non-controlling interests — Former Principal Equityholders

-

-

209

236

-

209

231

191

188

176

221

225

214

205

195

183

156

227

264

284

321

265

0

0

0

-

-

-

-

-

-

-

Net income attributable to non-controlling interests — Former Principal Equityholders

-

-

-0

0

-

3

14

35

63

85

130

152

157

152

143

133

113

123

143

146

165

163

0

0

0

-

-

-

-

-

-

-

Net income from discontinued operations attributable to non-controlling interests Principal Equityholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

49

61

68

30

0

0

0

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Net (income) loss attributable to non-controlling interests - Principal Equityholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

Net (loss)/income available to Taylor Morrison Home Corporation

172

254

209

235

212

206

216

155

124

91

91

72

57

52

51

48

41

61

71

76

86

71

57

45

0

-

0

0

-

0

0

0

(Loss)/earnings per common share
Earnings Per Share, Basic [Abstract]
Basic (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.53

0.37

0.15

0.33

0.76

0.40

0.37

0.30

-

-

-

-

-

-

-

Discontinued operations - net of tax (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

0.46

0.09

0.14

0.08

0.03

-

-

-

-

-

-

-

Basic (usd per share)

-0.26

-

0.64

0.77

0.46

-

0.84

0.53

0.42

-

0.45

0.46

0.30

0.62

0.49

0.37

0.21

0.54

0.37

0.15

0.79

0.85

0.54

0.45

0.33

-

0.43

0.16

-

-

-

-

Earnings per common share — diluted:
Diluted (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.53

0.37

0.15

0.33

0.76

0.40

0.37

0.30

-

-

-

-

-

-

-

Discontinued operations - net of tax (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

0.46

0.09

0.14

0.08

0.03

-

-

-

-

-

-

-

Diluted (usd per share)

-0.26

-

0.63

0.76

0.46

-

0.83

0.52

0.41

-

0.45

0.46

0.30

0.62

0.49

0.37

0.21

0.54

0.37

0.15

0.79

0.85

0.54

0.45

0.33

-

0.43

0.16

-

-

-

-

Weighted average number of shares of common stock:
Basic (in shares)

121

105

105

106

110

117

111

111

107

78

72

58

38

30

30

31

31

32

33

33

33

33

32

32

32

-

32

32

-

-

-

-

Diluted (in shares)

121

107

106

107

111

118

113

113

114

120

121

121

120

120

120

121

121

122

122

122

122

122

122

122

122

-

122

122

-

-

-

-

Home closings
Revenue

4,988

4,623

4,616

4,557

4,282

4,115

3,975

3,848

3,780

3,799

3,681

3,607

3,547

3,425

3,205

3,172

3,025

2,889

2,920

2,757

2,657

2,619

2,026

2,033

1,946

1,857

1,787

1,471

0

0

0

-

Cost of home/land closings

0

-

3,828

3,777

0

-

3,232

3,131

3,071

-

3,011

2,948

2,903

2,801

2,616

2,594

2,468

2,358

2,372

2,225

2,131

2,082

1,589

1,590

1,524

1,457

1,408

1,164

0

0

0

-

Land closings
Revenue

45

27

35

36

38

39

24

23

18

17

31

54

61

64

66

44

42

43

56

55

52

53

28

28

27

27

32

35

0

0

0

-

Cost of home/land closings

0

-

28

29

0

-

18

17

13

-

23

28

32

35

31

27

25

24

37

37

37

39

22

24

25

26

28

29

0

0

0

-

Amenity
Revenue

43

18

18

14

9

4

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of home/land closings

0

-

16

12

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TMM Holdings Limited Partnership [Member]
Home closing revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Land closing revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Mortgage operations revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cost of home closings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cost of land closings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Mortgage operations expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total cost of revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gross margin

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Sales, commissions and other marketing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

General and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Equity in net income of unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Interest income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Indemnification income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Income tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Income attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net income attributable to Owners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

623