10-Q Filing

HORTON D R INC /DE/ CIK: 882184 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0000882184-16-000122`
Period End Date	20151231
Filing Date	20160128
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	dhi-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 15 Cash Flow Statement 60

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Valuation allowance for deferred income taxes	`DeferredTaxAssetsValuationAllowance`	$10.10M	USD	Point-in-time
Valuation allowance for deferred income taxes	`DeferredTaxAssetsValuationAllowance`	$10.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	375.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	376.93M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$541.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	368.65M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	369.73M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	7.20M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	7.20M	shares	Point-in-time
Other assets	`OtherAssets`	$530.20M	USD	Point-in-time
Other assets	`OtherAssets`	$511.50M	USD	Point-in-time
Total assets	`Assets`	$11.18B	USD	Point-in-time
Total assets	`Assets`	$11.15B	USD	Point-in-time
Notes payable	`NotesPayable`	$3.73B	USD	Point-in-time
Notes payable	`NotesPayable`	$3.81B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.12B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 1,000,000,000 shares authorized, 376,927,248 shares issued and 369,727,177 shares outstanding at December 31, 2015 and 375,847,442 shares issued and 368,647,371 shares outstanding at September 30, 2015	`CommonStockValue`	$3.80M	USD	Point-in-time
Common stock, $.01 par value, 1,000,000,000 shares authorized, 376,927,248 shares issued and 369,727,177 shares outstanding at December 31, 2015 and 375,847,442 shares issued and 368,647,371 shares outstanding at September 30, 2015	`CommonStockValue`	$3.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.73B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.77B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.42B	USD	Point-in-time
Treasury stock, 7,200,071 shares at December 31, 2015 and September 30, 2015, at cost	`TreasuryStockValue`	$134.30M	USD	Point-in-time
Treasury stock, 7,200,071 shares at December 31, 2015 and September 30, 2015, at cost	`TreasuryStockValue`	$134.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.40M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$5.89B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$6.06B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.10M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.18B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time

Income Statement 15 line items

Line Item	Tag	Value	Unit	Period
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$241.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$78.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$83.60M	USD	1 Quarter
Net income	`ProfitLoss`	$142.50M	USD	1 Quarter
Net income	`ProfitLoss`	$157.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$158.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$142.50M	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$142.50M	USD	1 Quarter
Net income	`ProfitLoss`	$157.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.30M	USD	1 Quarter
Amortization of discounts and fees	`AmortizationOfFinancingCostsAndDiscounts`	$1.40M	USD	1 Quarter
Amortization of discounts and fees	`AmortizationOfFinancingCostsAndDiscounts`	$1.30M	USD	1 Quarter
Stock based compensation expense	`StockOptionPlanExpense`	$10.40M	USD	1 Quarter
Stock based compensation expense	`StockOptionPlanExpense`	$11.40M	USD	1 Quarter
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.20M	USD	1 Quarter
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.20M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-13.40M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-12.30M	USD	1 Quarter
Inventory and land option charges	`ImpairmentOfRealEstate`	$6.00M	USD	1 Quarter
Inventory and land option charges	`ImpairmentOfRealEstate`	$2.00M	USD	1 Quarter
Increase in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$179.50M	USD	1 Quarter
Increase in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$290.30M	USD	1 Quarter
Decrease (increase) in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$-8.40M	USD	1 Quarter
Decrease (increase) in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$110.80M	USD	1 Quarter
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-30.20M	USD	1 Quarter
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.90M	USD	1 Quarter
Decrease in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$-106.60M	USD	1 Quarter
Decrease in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$-23.10M	USD	1 Quarter
Decrease in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-52.70M	USD	1 Quarter
Decrease in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-43.50M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-129.00M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.50M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.30M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.10M	USD	1 Quarter
Decrease in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	1 Quarter
Decrease in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-400.00K	USD	1 Quarter
Net principal increase of other mortgage loans and real estate owned	`PaymentsToAcquireLoansReceivable`	$2.10M	USD	1 Quarter
Net principal increase of other mortgage loans and real estate owned	`PaymentsToAcquireLoansReceivable`	$3.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.20M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$490.00M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$81.00M	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$450.90M	USD	1 Quarter
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.60M	USD	1 Quarter
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$17.00M	USD	1 Quarter
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.20M	USD	1 Quarter
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.20M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$22.80M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$29.60M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.10M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-91.40M	USD	1 Quarter
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-115.10M	USD	1 Quarter
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-120.80M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$541.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$541.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Notes payable issued for inventory	`NotesIssued1`	$2.90M	USD	1 Quarter
Notes payable issued for inventory	`NotesIssued1`	$5.50M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssued1`	$8.10M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssued1`	$8.30M	USD	1 Quarter

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