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10-K Filing

PHH CORP CIK: 77776 FY 2013
Filing Information
Form Type 10-K
Accession Number 0001104659-14-013595
Period End Date 20131231
Filing Date 20140226
Fiscal Year 2013
Fiscal Period FY
XBRL Instance phh-20131231.xml
Balance Sheet 100 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Restricted cash, cash equivalents and investments (including $0 and $121 of available-for-sale securities at fair value) RestrictedCashAndInvestments $425.00M USD Point-in-time
Restricted cash, cash equivalents and investments (including $0 and $121 of available-for-sale securities at fair value) RestrictedCashAndInvestments $234.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $834.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.17B USD Point-in-time
Accounts receivable, net AccountsReceivableNet $981.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $797.00M USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.64B USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.65B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.21B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.02B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.44B USD Point-in-time
Mortgage servicing rights ServicingAssetAtFairValueAmount $1.28B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $75.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $79.00M USD Point-in-time
Restricted cash, cash equivalents and investments RestrictedCashAndInvestments $425.00M USD Point-in-time
Restricted cash, cash equivalents and investments RestrictedCashAndInvestments $234.00M USD Point-in-time
Goodwill Goodwill $25.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $834.00M USD Point-in-time
Goodwill Goodwill $25.00M USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $2.17B USD Point-in-time
Accounts receivable, net AccountsReceivableNet $981.00M USD Point-in-time
Other assets OtherAssets $522.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $797.00M USD Point-in-time
Other assets OtherAssets $616.00M USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.64B USD Point-in-time
Net investment in fleet leases NetInvestmentInFleetLeases $3.65B USD Point-in-time
Total assets Assets $9.60B USD Point-in-time
Total assets Assets $8.85B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $75.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $79.00M USD Point-in-time
Other assets OtherAssets $522.00M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $803.00M USD Point-in-time
Other assets OtherAssets $616.00M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $586.00M USD Point-in-time
Total assets Assets $9.60B USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.55B USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $5.50B USD Point-in-time
Total assets Assets $8.85B USD Point-in-time
Restricted investments, at fair value MarketableSecuritiesRestricted - USD Point-in-time
Deferred taxes DeferredTaxLiabilities $685.00M USD Point-in-time
Restricted investments, at fair value MarketableSecuritiesRestricted $121.00M USD Point-in-time
Deferred taxes DeferredTaxLiabilities $622.00M USD Point-in-time
Other liabilities OtherLiabilities $279.00M USD Point-in-time
Other liabilities OtherLiabilities $165.00M USD Point-in-time
Total liabilities Liabilities $7.16B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $803.00M USD Point-in-time
Total liabilities Liabilities $8.04B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $586.00M USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $6.55B USD Point-in-time
Debt DebtLongtermAndShorttermCombinedAmount $5.50B USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 16) CommitmentsAndContingencies - USD Point-in-time
Other liabilities OtherLiabilities $279.00M USD Point-in-time
Other liabilities OtherLiabilities $165.00M USD Point-in-time
Total liabilities Liabilities $7.16B USD Point-in-time
Total liabilities Liabilities $8.04B USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 1,090,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 57,265,517 shares issued and outstanding at December 31, 2013; 56,975,991 shares issued and outstanding at December 31, 2012 CommonStockValue $1.00M USD Point-in-time
Common stock, $0.01 par value; 273,910,000 shares authorized; 57,265,517 shares issued and outstanding at December 31, 2013; 56,975,991 shares issued and outstanding at December 31, 2012 CommonStockValue $1.00M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.13B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.14B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $507.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $372.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.09M shares Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $26.00M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $16.00M USD Point-in-time
Total PHH Corporation stockholders' equity StockholdersEquity $1.53B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Total PHH Corporation stockholders' equity StockholdersEquity $1.67B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Noncontrolling interest MinorityInterest $24.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Noncontrolling interest MinorityInterest $36.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 273.91M shares Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 57.27M shares Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.85B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.60B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 57.27M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.98M shares Point-in-time
Income Statement 135 line items
Line Item Tag Value Unit Period
Mortgage fees FeesAndCommissionsMortgageBanking $307.00M USD Annual
Mortgage fees FeesAndCommissionsMortgageBanking $346.00M USD Annual
Mortgage fees FeesAndCommissionsMortgageBanking $295.00M USD Annual
Fleet management fees FeesAndCommissionsOther $175.00M USD Annual
Fleet management fees FeesAndCommissionsOther $173.00M USD Annual
Fleet management fees FeesAndCommissionsOther $180.00M USD Annual
Net fee income FeesAndCommissions $482.00M USD Annual
Net fee income FeesAndCommissions $526.00M USD Annual
Net fee income FeesAndCommissions $468.00M USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.36B USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.39B USD Annual
Fleet lease income OperatingLeasesIncomeStatementLeaseRevenue $1.40B USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $942.00M USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $575.00M USD Annual
Gain on mortgage loans, net GainLossOnSaleOfMortgageLoans $567.00M USD Annual
Mortgage interest income MortgageInterestIncome $91.00M USD Annual
Mortgage interest income MortgageInterestIncome $114.00M USD Annual
Mortgage interest income MortgageInterestIncome $70.00M USD Annual
Mortgage interest expense MortgageInterestExpense $185.00M USD Annual
Mortgage interest expense MortgageInterestExpense $212.00M USD Annual
Mortgage interest expense MortgageInterestExpense $202.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-121.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-115.00M USD Annual
Mortgage net finance expense MortgageNetFinanceExpense $-88.00M USD Annual
Loan servicing income ServicingFeesNet $456.00M USD Annual
Loan servicing income ServicingFeesNet $436.00M USD Annual
Loan servicing income ServicingFeesNet $449.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $733.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $497.00M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $-13.00M USD Annual
Net derivative loss related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-5.00M USD Annual
Net derivative loss related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-3.00M USD Annual
Net derivative loss related to mortgage servicing rights MSRRelatedDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-19.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $502.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $736.00M USD Annual
Valuation adjustments related to mortgage servicing rights, net ValuationAdjustmentsRelatedToMortgageServicingRightsNet $6.00M USD Annual
Net loan servicing income (loss) NetLoanServicingIncomeLoss $430.00M USD Annual
Net loan servicing income (loss) NetLoanServicingIncomeLoss $-280.00M USD Annual
Net loan servicing income (loss) NetLoanServicingIncomeLoss $-53.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $84.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $85.00M USD Annual
Other income NoninterestIncomeOtherOperatingIncome $147.00M USD Annual
Net revenues Revenues $624.00M USD 1 Quarter
Net revenues Revenues $777.00M USD 1 Quarter
Net revenues Revenues $615.00M USD 1 Quarter
Net revenues Revenues $675.00M USD 1 Quarter
Net revenues Revenues $2.84B USD Annual
Net revenues Revenues $559.00M USD 1 Quarter
Net revenues Revenues $730.00M USD 1 Quarter
Net revenues Revenues $822.00M USD 1 Quarter
Net revenues Revenues $783.00M USD 1 Quarter
Net revenues Revenues $2.74B USD Annual
Net revenues Revenues $2.21B USD Annual
Salaries and related expenses LaborAndRelatedExpense $595.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $623.00M USD Annual
Salaries and related expenses LaborAndRelatedExpense $507.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $65.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $59.00M USD Annual
Occupancy and other office expenses CommunicationsInformationTechnologyAndOccupancy $59.00M USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Depreciation on operating leases OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Fleet interest expense FleetInterestExpense $79.00M USD Annual
Fleet interest expense FleetInterestExpense $58.00M USD Annual
Fleet interest expense FleetInterestExpense $68.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $33.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $523.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $697.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $611.00M USD Annual
Total expenses OperatingExpenses $2.66B USD Annual
Total expenses OperatingExpenses $2.60B USD Annual
Total expenses OperatingExpenses $2.42B USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-56.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $241.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $87.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-74.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $99.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $61.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $124.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-80.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-202.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $96.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $158.00M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-6.00M USD Annual
Income tax expense (benefit) IncomeTaxExpenseBenefit $77.00M USD Annual
Income tax expense (benefit) IncomeTaxExpenseBenefit $-100.00M USD Annual
Net income (loss) ProfitLoss $164.00M USD Annual
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $44.00M USD 1 Quarter
Net income (loss) ProfitLoss $64.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $102.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $-46.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $29.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $25.00M USD Annual
Less: net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $59.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $90.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-42.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-57.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $45.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-127.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $75.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $52.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $34.00M USD Annual
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $-52.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $58.00M USD 1 Quarter
Net income (loss) attributable to PHH Corporation NetIncomeLossAvailableToCommonStockholdersBasic $135.00M USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-2.26 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $1.58 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.90 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $1.32 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-1.00 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $2.36 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $1.01 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-0.74 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.60 USD Annual
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $-0.90 USD 1 Quarter
Basic earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareBasic $0.78 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.79 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.89 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-0.74 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.56 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $1.30 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-1.00 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-0.90 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $2.06 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $1.40 USD 1 Quarter
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $-2.26 USD Annual
Diluted earnings (loss) per share attributable to PHH Corporation (in dollars per share) EarningsPerShareDiluted $0.67 USD 1 Quarter
Cash Flow Statement 115 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $164.00M USD Annual
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $44.00M USD 1 Quarter
Net income (loss) ProfitLoss $64.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $102.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $-46.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $-244.00M USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $-310.00M USD Annual
Capitalization of originated mortgage servicing rights ServicingAssetAtFairValueAdditionsOriginatedMSRs $-499.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $502.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $736.00M USD Annual
Net loss on mortgage servicing rights and related derivatives ValuationAdjustmentsRelatedToMortgageServicingRightsNet $6.00M USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.22B USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Vehicle depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $1.21B USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $25.00M USD Annual
Other depreciation and amortization OtherDepreciationAndAmortization $33.00M USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $38.93B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $37.16B USD Annual
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $25.91B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $41.26B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $38.71B USD Annual
Proceeds on sale of and payments from mortgage loans held for sale ProceedsFromSaleAndCollectionOfLoansHeldforsale $27.84B USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $1.11B USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $527.00M USD Annual
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives NetGainLossOnInterestRateLockCommitmentsMortgageLoansHeldForSaleAndRelatedDerivatives $516.00M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxNoncashExpenseBenefit $64.00M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxNoncashExpenseBenefit $-23.00M USD Annual
Deferred income tax expense (benefit) DeferredIncomeTaxNoncashExpenseBenefit $-100.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $315.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-79.00M USD Annual
Other adjustments and changes in other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-117.00M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.79B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.06B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.71B USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease $1.70B USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease $1.70B USD Annual
Investment in vehicles PaymentsToAcquireVehiclesOnLease $1.72B USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles $345.00M USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles $409.00M USD Annual
Proceeds on sale of investment vehicles ProceedsFromSaleOfVehicles $407.00M USD Annual
Net cash paid on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $23.00M USD Annual
Net cash paid on derivatives related to mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $3.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $32.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $25.00M USD Annual
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $31.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $178.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $85.00M USD Annual
Purchases of restricted investments PaymentsToAcquireRestrictedInvestments $250.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $219.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $279.00M USD Annual
Proceeds from sales and maturities of restricted investments ProceedsFromSaleOfRestrictedInvestments $205.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $-109.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $-67.00M USD Annual
Decrease (increase) in restricted cash and cash equivalents IncreaseDecreaseInRestrictedCash $71.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-23.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-27.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $-4.00M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.22B USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.33B USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.18B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $63.00B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $43.34B USD Annual
Proceeds from secured borrowings ProceedsFromIssuanceOfSecuredDebt $62.80B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $44.44B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $62.98B USD Annual
Principal payments on secured borrowings RepaymentsOfSecuredDebt $64.28B USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $350.00M USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $1.30B USD Annual
Proceeds from unsecured borrowings ProceedsFromIssuanceOfUnsecuredDebt $518.00M USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $671.00M USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $1.21B USD Annual
Principal payments on unsecured borrowings RepaymentsOfUnsecuredDebt $288.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $3.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $8.00M USD Annual
Issuances of common stock ProceedsFromIssuanceOfCommonStock $5.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $35.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $57.00M USD Annual
Cash paid for debt issuance costs PaymentsOfDebtIssuanceCosts $29.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $20.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $42.00M USD Annual
Distributions to noncontrolling interest PaymentsOfDividendsMinorityInterest $41.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-4.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-4.00M USD Annual
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.23B USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.11B USD Annual
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-427.00M USD Annual
Effect of changes in exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-2.00M USD Annual
Effect of changes in exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-4.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $416.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $415.00M USD Annual
Net increase in Cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $219.00M USD Annual
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $414.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $195.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $829.00M USD Point-in-time
Payments for debt tender premium and costs PaymentsOfDebtExtinguishmentCosts $14.00M USD Annual
Payments for debt tender premium and costs PaymentsOfDebtExtinguishmentCosts $50.00M USD Annual
Interest payments InterestPaid $177.00M USD Annual
Interest payments InterestPaid $204.00M USD Annual
Interest payments InterestPaid $213.00M USD Annual
Income tax payments, net IncomeTaxesPaidNet $13.00M USD Annual
Income tax payments, net IncomeTaxesPaidNet $12.00M USD Annual
Income tax payments, net IncomeTaxesPaidNet $11.00M USD Annual
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 57.27M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-110.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $154.00M USD Annual
Total comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $20.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $42.00M USD Annual
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $41.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.00M USD Annual
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $3.00M USD Annual
Stock issued under share-based payment plans StockIssuedDuringPeriodValueShareBasedCompensation $2.00M USD Annual
Conversion option related to Convertible note issuance, net (Note 12) AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $33.00M USD Annual
Recognition of deferred taxes related to Convertible notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $4.00M USD Annual
Recognition of deferred taxes related to Convertible notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $3.00M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.69B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.56B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.46B USD Point-in-time
Balance (in shares) CommonStockSharesIssued 57.27M shares Point-in-time
Balance (in shares) CommonStockSharesIssued 56.98M shares Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $164.00M USD Annual
Net income (loss) ProfitLoss $93.00M USD Annual
Net income (loss) ProfitLoss $44.00M USD 1 Quarter
Net income (loss) ProfitLoss $64.00M USD 1 Quarter
Net income (loss) ProfitLoss $-23.00M USD 1 Quarter
Net income (loss) ProfitLoss $85.00M USD 1 Quarter
Net income (loss) ProfitLoss $73.00M USD 1 Quarter
Net income (loss) ProfitLoss $102.00M USD 1 Quarter
Net income (loss) ProfitLoss $-42.00M USD 1 Quarter
Net income (loss) ProfitLoss $-46.00M USD 1 Quarter
Net income (loss) ProfitLoss $-102.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-5.00M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-14.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.00M USD Annual
Change in unrealized gains on available-for-sale securities, net OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $4.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD Annual
Change in unfunded pension liability, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.00M USD Annual
Total other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $-8.00M USD Annual
Total other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $5.00M USD Annual
Total other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $-10.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-110.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $154.00M USD Annual
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $25.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $59.00M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $29.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $-135.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $125.00M USD Annual
Comprehensive income (loss) attributable to PHH Corporation ComprehensiveIncomeNetOfTax $39.00M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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