After thread 2 called pthread_cond_broadcast(&mymutex) you might think that thread 1's pthread_cond_wait() will immediately return. Not so! Instead, pthread_cond_wait() will perform one last operation: relock mymutex. Once pthread_cond_wait() has the lock, it will then return and allow thread 1 to continue execution.
Threads in C
pthreads library and threaded programming in C