0001193125-16-657300.txt : 20160726 0001193125-16-657300.hdr.sgml : 20160726 20160726074057 ACCESSION NUMBER: 0001193125-16-657300 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160726 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160726 DATE AS OF CHANGE: 20160726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PULTEGROUP INC/MI/ CENTRAL INDEX KEY: 0000822416 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 382766606 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09804 FILM NUMBER: 161783125 BUSINESS ADDRESS: STREET 1: 3350 PEACHTREE ROAD NORTHEAST STREET 2: SUITE 1600 CITY: ATLANTA STATE: 2Q ZIP: 30326 BUSINESS PHONE: 2486472750 MAIL ADDRESS: STREET 1: 3350 PEACHTREE ROAD NORTHEAST STREET 2: SUITE 1600 CITY: ATLANTA STATE: 2Q ZIP: 30326 FORMER COMPANY: FORMER CONFORMED NAME: PULTE HOMES INC/MI/ DATE OF NAME CHANGE: 20011023 FORMER COMPANY: FORMER CONFORMED NAME: PULTE CORP DATE OF NAME CHANGE: 19931118 FORMER COMPANY: FORMER CONFORMED NAME: PHM CORP DATE OF NAME CHANGE: 19920703 8-K 1 d231262d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 26, 2016

 

 

PulteGroup, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Michigan   001-09804   38-2766606

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

3350 Peachtree Road NE, Suite 150, Atlanta, Georgia 30326

(Address of principal executive offices)

(404) 978-6400

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01 Other Events

PulteGroup, Inc. is filing as Exhibit 12.1 to this Current Report on Form 8-K a Statement Regarding Computation of Ratio of Earnings to Fixed Charges, which includes the calculation of its historical ratio of earnings to fixed charges for the six months ended June 30, 2016 and 2015.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit
No.

   

Description

12.1    Ratio of Earnings to Fixed Charges for the six months ended June 30, 2016 and 2015

 

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    PulteGroup, Inc.
Date: July 26, 2016     By:  

/s/ Steven M. Cook

    Name:   Steven M. Cook
    Title:   Executive Vice President, Chief Legal Officer,
      and Corporate Secretary

 

3

EXHIBIT INDEX

 

Exhibit
No.

   

Description

12.1    Ratio of Earnings to Fixed Charges for the six months ended June 30, 2016 and 2015

 

4

EX-12.1 2 d231262dex121.htm EX-12.1 EX-12.1

EXHIBIT 12.1

PULTEGROUP, INC.

RATIO OF EARNINGS TO FIXED CHARGES

($000’s omitted)

(Unaudited)

 

     For the Six Months Ended June 30,  
     2016     2015  

Earnings:

     

Income from continuing operations before income taxes

    $ 307,793      $ 263,431   

Fixed charges

      79,845        67,483   

Amortization of capitalized interest

      55,525        65,353   

Capitalized interest

      (73,515 )      (62,099 ) 

Distributions in excess (less than) earnings of affiliates

      (1,385 )      (772 ) 
  

 

 

    

 

 

  

Income as adjusted

    $ 368,263      $ 333,396   
  

 

 

    

 

 

  

Fixed charges:

     

Interest expensed and capitalized

    $ 74,508      $ 62,711   

Portion of rents representative of interest factor

      5,337        4,772   
  

 

 

    

 

 

  

Fixed charges

    $ 79,845      $ 67,483   
  

 

 

    

 

 

  

Ratio of earnings to fixed charges

      4.6        4.9   
  

 

 

    

 

 

  

Note: The ratios of earnings to fixed charges set forth above are computed on a consolidated basis. Fixed charges are comprised of interest incurred, which includes imputed interest associated with the guaranteed debt of our 50% or less owned affiliates, as well as a portion of rent expense, which represents the estimated interest factor and amortization of debt expense.