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Parent Company Information - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flow from operating activities                      
Net income $ 152,661 $ 121,473 $ 72,696 $ 46,135 $ 52,960 $ 56,152 $ 68,405 $ 66,926 $ 392,965 $ 244,443 $ 311,522
Net cash (used in) provided by operating activities                 (2,245,123) 572,396 (883,412)
Cash flow from investing activities                      
Net cash provided by (used in) investing activities                 148,782 (322,611) (339,231)
Cash flow from financing activities                      
Issuance of common stock pursuant to exercise of stock options                 5,145 5,317 1,254
Repurchase of common stock and Class A common stock                 (1,056) (5,293) (8,599)
Payment of withholding taxes relating to stock-based compensation                 (4,634)    
Net cash provided by (used in) financing activities                 2,128,995 (132,034) 1,161,174
Net change in cash and restricted cash                 32,654 117,751 (61,469)
Cash and restricted cash at beginning of year       $ 155,924       38,173 155,924 38,173 99,642
Cash and restricted cash at end of year 188,578       $ 155,924       188,578 155,924 38,173
PennyMac Financial Services, Inc.                      
Cash flow from investing activities                      
Increase in investments in subsidiaries                   (77)  
Net cash provided by (used in) investing activities                   (77)  
Cash flow from financing activities                      
Payment of dividend to common stock and Class A common stockholders                 (9,708) (10,054)  
Repurchase of common stock and Class A common stock                 (1,056) (1,554) (8,599)
Payment of withholding taxes relating to stock-based compensation                 (4,634)    
PennyMac Financial Services, Inc. | Parent Company                      
Cash flow from operating activities                      
Net income                 392,965 87,694 100,757
Equity in undistributed earnings of subsidiaries                 (448,033) (98,569) (92,204)
Repricing of payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement                     (32,940)
Decrease (increase) in intercompany receivable                 8,962 (3,737) 5,646
Payments to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement                     (6,726)
Increase in income taxes payable                 58,609 22,889 29,912
Net cash (used in) provided by operating activities                 12,503 8,277 4,445
Cash flow from financing activities                      
Issuance of common stock pursuant to exercise of stock options                 5,145 803 1,254
Net cash provided by (used in) financing activities                 (10,253) (10,805) (7,345)
Net change in cash and restricted cash                 2,250 (2,605) (2,900)
Cash and restricted cash at beginning of year               $ 2,605   $ 2,605 5,505
Cash and restricted cash at end of year $ 2,250               $ 2,250   $ 2,605