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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Additional paid-in capital
As previously reported
Additional paid-in capital
Retained earnings
As previously reported
Retained earnings
Noncontrolling interest
As previously reported
Noncontrolling interest
As previously reported
Class A Common Stock
As previously reported
Class A Common Stock
Total
Balance at Dec. 31, 2016   $ 182,772   $ 164,549   $ 1,052,033     $ 2 $ 1,399,356
Balance (in shares) at Dec. 31, 2016                 22,427  
Changes in stockholders' equity                    
Net income       38,439   149,185       187,624
Stock and unit-based compensation   4,861       10,200       15,061
Issuance of Class A common stock in settlement of director fees   133       120       253
Repurchase of Class A common stock   (8,599)             $ (8,599) (8,599)
Shares of Class A common stock repurchased                 (505)  
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   20,583       (20,583)       $ 20,583
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares)                 1,297 1,297
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   (3,404)               $ (3,404)
Balance at Sep. 30, 2017   196,346   202,988   1,190,955     $ 2 1,590,291
Balance (in shares) at Sep. 30, 2017                 23,219  
Balance at Jun. 30, 2017   199,146   185,907   1,126,197     $ 2 1,511,252
Balance (in shares) at Jun. 30, 2017                 23,473  
Changes in stockholders' equity                    
Net income       17,081   65,411       82,492
Stock and unit-based compensation   1,411       2,944       4,355
Issuance of Class A common stock in settlement of director fees   25       59       84
Repurchase of Class A common stock   (8,599)             $ (8,599) (8,599)
Shares of Class A common stock repurchased                 (505)  
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   3,656       (3,656)       $ 3,656
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares)                 251 251
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   707               $ 707
Balance at Sep. 30, 2017   196,346   202,988   1,190,955     $ 2 1,590,291
Balance (in shares) at Sep. 30, 2017                 23,219  
Changes in stockholders' equity                    
Cumulative effect of change in accounting principle for all existing classes of mortgage servicing rights at fair value | Accounting Standards Codification 250 Mortgage Servicing Rights Fair Value       189   587       776
Balance after adjustment   204,103   265,495   1,250,850     $ 2 1,720,450
Balance at Dec. 31, 2017 $ 204,103   $ 265,306   $ 1,250,263   $ 2 $ 1,719,674   1,719,674
Balance (in shares) at Dec. 31, 2017             23,530   23,530  
Changes in stockholders' equity                    
Net income       48,945   142,538       191,483
Class A common stock dividends       (10,054)           (10,054)
Stock and unit-based compensation   7,400       18,084       25,484
Stock and unit-based compensation (in shares)                 285  
Issuance of Class A common stock in settlement of director fees   79       166       245
Repurchase of Class A common stock   (1,554)       (3,272)     $ (4,826) (4,826)
Shares of Class A common stock repurchased                 (236)  
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   32,501       (32,502)     $ 1 $ 32,501
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares)                 1,616 1,616
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   (6,072)               $ (6,072)
Balance at Sep. 30, 2018   236,457   304,386   1,375,864     $ 3 1,916,710
Balance (in shares) at Sep. 30, 2018                 25,195  
Balance at Jun. 30, 2018   229,941   299,951   1,332,049     $ 3 1,861,944
Balance (in shares) at Jun. 30, 2018                 25,009  
Changes in stockholders' equity                    
Net income       14,489   41,663       56,152
Stock and unit-based compensation   2,944       6,472     $ 55 9,416
Class A common stock dividends       (10,054)           (10,054)
Issuance of Class A common stock in settlement of director fees   28       57       85
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   4,377       (4,377)       $ 4,377
Exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc. (in shares)                 131 131
Tax effect of exchange of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.   (833)               $ (833)
Balance at Sep. 30, 2018   $ 236,457   $ 304,386   $ 1,375,864     $ 3 $ 1,916,710
Balance (in shares) at Sep. 30, 2018                 25,195