10-Q Filing

HORTON D R INC /DE/ CIK: 882184 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0000882184-16-000178`
Period End Date	20160630
Filing Date	20160726
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	dhi-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 29 Cash Flow Statement 70

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Valuation allowance for deferred income taxes	`DeferredTaxAssetsValuationAllowance`	$9.20M	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`	379.37M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	375.85M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$805.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	368.65M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$906.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	372.17M	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`	$531.90M	USD	Point-in-time
Other assets	`OtherAssets`	$530.20M	USD	Point-in-time
Total assets	`Assets`	$11.15B	USD	Point-in-time
Total assets	`Assets`	$11.33B	USD	Point-in-time
Notes payable	`NotesPayable`	$3.30B	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`	$4.82B	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, 379,371,827 shares issued and 372,171,756 shares outstanding at June 30, 2016 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, 379,371,827 shares issued and 372,171,756 shares outstanding at June 30, 2016 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`	$2.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.80B	USD	Point-in-time
Treasury stock, 7,200,071 shares at June 30, 2016 and September 30, 2015, at cost	`TreasuryStockValue`	$134.30M	USD	Point-in-time
Treasury stock, 7,200,071 shares at June 30, 2016 and September 30, 2015, at cost	`TreasuryStockValue`	$134.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.40M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$6.51B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$5.89B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$600.00K	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`	$6.51B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.33B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$784.60M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$920.40M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$378.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$333.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$112.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$128.80M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$317.80M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$272.80M	USD	3 Qtrs
Net income	`ProfitLoss`	$511.80M	USD	3 Qtrs
Net income	`ProfitLoss`	$249.80M	USD	1 Quarter
Net income	`ProfitLoss`	$221.40M	USD	1 Quarter
Net income	`ProfitLoss`	$602.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$249.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$601.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$221.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$511.80M	USD	3 Qtrs
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$1.40	USD	3 Qtrs
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$1.63	USD	3 Qtrs
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$1.61	USD	3 Qtrs
Net income per common share assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	3 Qtrs
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`	$0.19	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	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`	$0.24	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$511.80M	USD	3 Qtrs
Net income	`ProfitLoss`	$249.80M	USD	1 Quarter
Net income	`ProfitLoss`	$221.40M	USD	1 Quarter
Net income	`ProfitLoss`	$602.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$39.70M	USD	3 Qtrs
Amortization of discounts and fees	`AmortizationOfFinancingCostsAndDiscounts`	$4.10M	USD	3 Qtrs
Amortization of discounts and fees	`AmortizationOfFinancingCostsAndDiscounts`	$4.10M	USD	3 Qtrs
Stock based compensation expense	`StockOptionPlanExpense`	$36.80M	USD	3 Qtrs
Stock based compensation expense	`StockOptionPlanExpense`	$31.70M	USD	3 Qtrs
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.30M	USD	3 Qtrs
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.30M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-46.70M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-20.70M	USD	3 Qtrs
Inventory and land option charges	`ImpairmentOfRealEstate`	$34.00M	USD	3 Qtrs
Inventory and land option charges	`ImpairmentOfRealEstate`	$16.00M	USD	3 Qtrs
Gain on sale of debt securities collateralized by residential real estate	`GainLossOnSaleOfDebtInvestments`	-	USD	3 Qtrs
Gain on sale of debt securities collateralized by residential real estate	`GainLossOnSaleOfDebtInvestments`	$4.50M	USD	3 Qtrs
Increase in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$879.10M	USD	3 Qtrs
Increase in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$252.10M	USD	3 Qtrs
Decrease (increase) in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$-151.30M	USD	3 Qtrs
Decrease (increase) in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$120.70M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.60M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.20M	USD	3 Qtrs
Increase in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$3.50M	USD	3 Qtrs
Increase in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$91.50M	USD	3 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$87.70M	USD	3 Qtrs
Increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$21.40M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$88.60M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.30M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.20M	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$2.10M	USD	3 Qtrs
Increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.70M	USD	3 Qtrs
Net principal decrease (increase) of other mortgage loans and real estate owned	`PaymentsForProceedsFromLoansReceivable`	$6.30M	USD	3 Qtrs
Net principal decrease (increase) of other mortgage loans and real estate owned	`PaymentsForProceedsFromLoansReceivable`	$-4.30M	USD	3 Qtrs
Proceeds from sale (purchases) of debt securities collateralized by residential real estate	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$-14.80M	USD	3 Qtrs
Proceeds from sale (purchases) of debt securities collateralized by residential real estate	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$35.80M	USD	3 Qtrs
Payments related to acquisition of a business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$68.70M	USD	3 Qtrs
Payments related to acquisition of a business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-134.80M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.56B	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$26.30M	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$1.43B	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$543.90M	USD	3 Qtrs
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$61.80M	USD	3 Qtrs
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$24.00M	USD	3 Qtrs
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.30M	USD	3 Qtrs
Excess income tax benefit from employee stock awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.30M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$88.90M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$68.60M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-538.40M	USD	3 Qtrs
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$143.80M	USD	3 Qtrs
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-477.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$805.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$906.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$805.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$661.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$906.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Notes payable issued for inventory	`NotesIssued1`	$4.20M	USD	3 Qtrs
Notes payable issued for inventory	`NotesIssued1`	$8.10M	USD	3 Qtrs
Stock issued under employee incentive plans	`StockIssued1`	$19.90M	USD	3 Qtrs
Stock issued under employee incentive plans	`StockIssued1`	$8.30M	USD	3 Qtrs
Accrual for holdback payment related to acquisition	`PaymentsForPreviousAcquisition`	-	USD	3 Qtrs
Accrual for holdback payment related to acquisition	`PaymentsForPreviousAcquisition`	$2.00M	USD	3 Qtrs

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