$DHI
HORTON D R INC /DE/

2018 Q3 Form 10-Q Financial Statement

#000088218418000083 Filed on July 27, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $4.505B $4.435B $3.776B
YoY Change 8.32% 17.45% 16.85%
Cost Of Revenue $3.452B $3.397B $2.961B
YoY Change 6.41% 14.73% 17.74%
Gross Profit $1.054B $1.038B $815.3M
YoY Change 15.08% 27.33% 13.71%
Gross Profit Margin 23.39% 23.41% 21.59%
Selling, General & Admin $456.9M $434.9M $374.5M
YoY Change 9.81% 16.13% 11.19%
% of Gross Profit 43.37% 41.89% 45.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.80M $13.50M $13.10M
YoY Change 10.49% 3.05% -5.07%
% of Gross Profit 1.5% 1.3% 1.61%
Operating Expenses $438.1M $434.9M $374.5M
YoY Change 7.64% 16.13% 13.28%
Operating Profit $615.5M $603.2M $440.8M
YoY Change 21.04% 36.84% 14.08%
Interest Expense -$4.500M $0.00 $0.00
YoY Change 73.08% -100.0%
% of Operating Profit -0.73% 0.0% 0.0%
Other Income/Expense, Net $13.00M $3.700M
YoY Change 251.35%
Pretax Income $607.7M $616.2M $444.5M
YoY Change 25.17% 38.63% 17.41%
Income Tax $138.8M $162.5M $155.5M
% Of Pretax Income 22.84% 26.37% 34.98%
Net Earnings $466.1M $453.8M $289.0M
YoY Change 48.82% 57.02% 15.69%
Net Earnings / Revenue 10.35% 10.23% 7.65%
Basic Earnings Per Share $1.24 $1.20 $0.77
Diluted Earnings Per Share $1.22 $1.18 $0.76
COMMON SHARES
Basic Shares Outstanding 377.1M shares 377.4M shares 374.8M shares
Diluted Shares Outstanding 383.4M shares 379.4M shares

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.473B $1.178B $512.0M
YoY Change 46.13% 130.08% -43.55%
Cash & Equivalents $1.473B $1.178B $512.4M
Short-Term Investments
Other Short-Term Assets $37.00M $19.00M $12.00M
YoY Change 19.35% 58.33% -53.85%
Inventory $10.40B $10.30B $9.554B
Prepaid Expenses
Receivables $39.00M
Other Receivables $0.00
Total Short-Term Assets $12.04B $11.64B $10.12B
YoY Change 15.67% 15.05% 6.82%
LONG-TERM ASSETS
Property, Plant & Equipment $401.1M $385.2M $282.8M
YoY Change 23.42% 36.21% 86.05%
Goodwill $109.2M $109.2M
YoY Change 36.5%
Intangibles
YoY Change
Long-Term Investments $11.00M $32.00M
YoY Change
Other Assets $227.0M $263.0M $395.0M
YoY Change -40.58% -33.42% -23.6%
Total Long-Term Assets $2.074B $1.953B $1.860B
YoY Change 16.85% 5.02% -0.11%
TOTAL ASSETS
Total Short-Term Assets $12.04B $11.64B $10.12B
Total Long-Term Assets $2.074B $1.953B $1.860B
Total Assets $14.11B $13.59B $11.98B
YoY Change 15.84% 13.49% 5.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $625.0M $655.0M $656.0M
YoY Change 7.76% -0.15% 7.72%
Accrued Expenses $961.0M $885.0M $886.0M
YoY Change 9.45% -0.11% 5.6%
Deferred Revenue
YoY Change
Short-Term Debt $638.0M $526.0M $473.0M
YoY Change 51.9% 11.21% -6.15%
Long-Term Debt Due $505.0M $506.0M
YoY Change
Total Short-Term Liabilities $2.822B $2.673B $2.051B
YoY Change 48.68% 30.33% 3.17%
LONG-TERM LIABILITIES
Long-Term Debt $2.061B $2.061B $2.453B
YoY Change -15.95% -15.98% -12.3%
Other Long-Term Liabilities $73.00M $88.00M $36.00M
YoY Change -16.09% 144.44% 2.86%
Total Long-Term Liabilities $2.134B $2.149B $2.489B
YoY Change -15.95% -13.66% -12.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.822B $2.673B $2.051B
Total Long-Term Liabilities $2.134B $2.149B $2.489B
Total Liabilities $4.956B $4.824B $4.540B
YoY Change 11.69% 6.24% -5.81%
SHAREHOLDERS EQUITY
Retained Earnings $6.218B $5.799B $4.670B
YoY Change 25.72% 24.17% 22.79%
Common Stock $3.089B $3.068B $2.961B
YoY Change 3.1% 3.62% 4.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $322.4M $269.8M $194.9M
YoY Change 65.42% 38.43% 45.12%
Treasury Stock Shares 11.86M shares 10.66M shares 9.050M shares
Shareholders Equity $8.984B $8.597B $7.436B
YoY Change
Total Liabilities & Shareholders Equity $14.11B $13.59B $11.98B
YoY Change 15.84% 13.49% 5.68%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $466.1M $453.8M $289.0M
YoY Change 48.82% 57.02% 15.69%
Depreciation, Depletion And Amortization $15.80M $13.50M $13.10M
YoY Change 10.49% 3.05% -5.07%
Cash From Operating Activities $238.7M $405.3M -$55.10M
YoY Change -62.17% -835.57% -189.3%
INVESTING ACTIVITIES
Capital Expenditures -$28.20M -$31.10M -$46.00M
YoY Change -47.58% -32.39% 85.48%
Acquisitions
YoY Change
Other Investing Activities $39.70M $7.200M -$1.600M
YoY Change 944.74% -550.0% -137.21%
Cash From Investing Activities $11.50M -$23.90M -$47.60M
YoY Change -123.0% -49.79% 132.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $24.50M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.90M -210.7M -378.1M
YoY Change -122.08% -44.27% 5.47%
NET CHANGE
Cash From Operating Activities 238.7M 405.3M -55.10M
Cash From Investing Activities 11.50M -23.90M -47.60M
Cash From Financing Activities 18.90M -210.7M -378.1M
Net Change In Cash 269.1M 170.7M -480.8M
YoY Change -45.68% -135.5% 51.53%
FREE CASH FLOW
Cash From Operating Activities $238.7M $405.3M -$55.10M
Capital Expenditures -$28.20M -$31.10M -$46.00M
Free Cash Flow $266.9M $436.4M -$9.100M
YoY Change -61.03% -4895.6% -110.52%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000882184
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
377068508 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
HORTON D R INC /DE/
CY2017Q3 dhi Construction Defect Portion Of Loss Contingency Accrual
ConstructionDefectPortionOfLossContingencyAccrual
0.98
CY2018Q2 dhi Construction Defect Portion Of Loss Contingency Accrual
ConstructionDefectPortionOfLossContingencyAccrual
0.99
CY2017Q3 dhi Deferred Tax Assets Net Of Deferred Tax Liabilities
DeferredTaxAssetsNetOfDeferredTaxLiabilities
376200000 USD
CY2018Q2 dhi Deferred Tax Assets Net Of Deferred Tax Liabilities
DeferredTaxAssetsNetOfDeferredTaxLiabilities
233900000 USD
CY2017Q3 dhi Investments In Subsidiaries
InvestmentsInSubsidiaries
0 USD
CY2018Q2 dhi Investments In Subsidiaries
InvestmentsInSubsidiaries
0 USD
dhi Percentage Of Mortgage Loans Sold To Major Purchasers
PercentageOfMortgageLoansSoldToMajorPurchasers
0.38
CY2017Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
60000000 USD
CY2018Q2 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
83800000 USD
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1565400000 USD
CY2018Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1729900000 USD
CY2017Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
580400000 USD
CY2018Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
655300000 USD
CY2017Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
33900000 USD
CY2018Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
25700000 USD
CY2017Q3 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
20300000 USD
CY2018Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
40000000 USD
CY2017Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
985000000 USD
CY2018Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1074600000 USD
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2992200000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3064400000 USD
CY2017Q3 us-gaap Advances To Affiliate
AdvancesToAffiliate
0 USD
CY2018Q2 us-gaap Advances To Affiliate
AdvancesToAffiliate
0 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3900000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6300000 USD
CY2017Q3 us-gaap Assets
Assets
12184600000 USD
CY2018Q2 us-gaap Assets
Assets
13593400000 USD
CY2017Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
7200000 USD
CY2017Q4 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
0.75
CY2017Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.76
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.05
CY2018Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.18
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.60
CY2017Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
288500000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
775700000 USD
CY2018Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
453800000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
997500000 USD
CY2017Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3804400000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
10046700000 USD
CY2018Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
4435300000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11562900000 USD
CY2017Q4 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
175200000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5300000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
915800000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
401900000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
2800000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
49400000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
98500000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
334600000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
182300000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt
130100000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
51600000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
558300000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1303200000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
512400000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1007800000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1178200000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-790800000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
170400000 USD
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.125
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
384036150 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
387651773 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
374986079 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
376993165 shares
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
3800000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
3900000 USD
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.93
CY2017Q3 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
24800000 USD
CY2018Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
28700000 USD
CY2017Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
2961100000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
7778900000 USD
CY2018Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
3397200000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
8939000000 USD
CY2017Q2 us-gaap Cost Of Revenue
CostOfRevenue
2961100000 USD
us-gaap Cost Of Revenue
CostOfRevenue
7778900000 USD
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
3397200000 USD
us-gaap Cost Of Revenue
CostOfRevenue
8939000000 USD
CY2017Q2 us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
18800000 USD
us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
45200000 USD
CY2018Q2 us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
55500000 USD
us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
134500000 USD
CY2017Q3 us-gaap Customer Deposits Current
CustomerDepositsCurrent
44900000 USD
CY2018Q2 us-gaap Customer Deposits Current
CustomerDepositsCurrent
61000000 USD
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
365000000 USD
CY2018Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
204600000 USD
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11200000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
29300000 USD
CY2017Q3 us-gaap Deposits Assets
DepositsAssets
312200000 USD
CY2018Q2 us-gaap Deposits Assets
DepositsAssets
386800000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46600000 USD
CY2017Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2018Q2 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2018Q2 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
345500000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.64
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.92
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.59
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.350
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.351
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.264
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.316
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21
CY2017Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
197900000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
211900000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
200000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
94800000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
47200000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
2700000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
400000 USD
us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
24400000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
94800000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
45600000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
2800000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
14900000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
10500000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
10500000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2017Q2 us-gaap Financial Services Revenue
FinancialServicesRevenue
91900000 USD
us-gaap Financial Services Revenue
FinancialServicesRevenue
256900000 USD
CY2018Q2 us-gaap Financial Services Revenue
FinancialServicesRevenue
97100000 USD
us-gaap Financial Services Revenue
FinancialServicesRevenue
273100000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
14500000 USD
CY2017Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
65000000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
185900000 USD
CY2018Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
68000000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
193700000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
80000000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
109200000 USD
CY2017Q2 us-gaap Home Building Costs
HomeBuildingCosts
2936900000 USD
us-gaap Home Building Costs
HomeBuildingCosts
7713800000 USD
CY2018Q2 us-gaap Home Building Costs
HomeBuildingCosts
3332800000 USD
us-gaap Home Building Costs
HomeBuildingCosts
8761700000 USD
CY2017Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
3662300000 USD
us-gaap Home Building Revenue
HomeBuildingRevenue
9618100000 USD
CY2018Q2 us-gaap Home Building Revenue
HomeBuildingRevenue
4265500000 USD
us-gaap Home Building Revenue
HomeBuildingRevenue
11122100000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
444500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1116500000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
616200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1452300000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
400000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3100000 USD
CY2017Q2 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2018Q2 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
155500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
391400000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
162500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
458900000 USD
CY2017Q4 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
108700000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
129500000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
105600000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-92000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-160300000 USD
us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
870900000 USD
us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
590600000 USD
us-gaap Increase Decrease In Inventory For Long Term Contracts Or Programs
IncreaseDecreaseInInventoryForLongTermContractsOrPrograms
352200000 USD
us-gaap Increase Decrease In Inventory For Long Term Contracts Or Programs
IncreaseDecreaseInInventoryForLongTermContractsOrPrograms
359800000 USD
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-26200000 USD
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
92400000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
29500000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
34600000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
9900000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
42200000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4600000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4400000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
CY2017Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
82600000 USD
CY2017Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
74400000 USD
CY2018Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
56000000 USD
CY2017Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
32400000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
99400000 USD
CY2018Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
31000000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
93800000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
0 USD
CY2017Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
11900000 USD
CY2018Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
34900000 USD
CY2017Q3 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
4606000000 USD
CY2018Q2 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
5194800000 USD
CY2017Q3 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
101000000 USD
CY2018Q2 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
117000000 USD
CY2017Q3 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
10400000 USD
CY2018Q2 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
43300000 USD
CY2017Q3 us-gaap Inventory Real Estate
InventoryRealEstate
9237100000 USD
CY2018Q2 us-gaap Inventory Real Estate
InventoryRealEstate
10303300000 USD
CY2017Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
4519700000 USD
CY2018Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
4948200000 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2018Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
32200000 USD
CY2017Q2 us-gaap Land Sales
LandSales
22200000 USD
us-gaap Land Sales
LandSales
56900000 USD
CY2018Q2 us-gaap Land Sales
LandSales
72700000 USD
us-gaap Land Sales
LandSales
167700000 USD
CY2018Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
110000000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
4437000000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
4823500000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12184600000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13593400000 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
80600000 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
47500000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8700000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7900000 USD
CY2017Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
587300000 USD
CY2018Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
679900000 USD
CY2016Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
423500000 USD
CY2017Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
453500000 USD
CY2017Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
420600000 USD
CY2018Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
407800000 USD
us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
86200000 USD
us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
47200000 USD
us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
56200000 USD
us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
60000000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
500000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
172600000 USD
CY2017Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.25
CY2017Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
8300000 USD
CY2018Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
8600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-484100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-101400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-185700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
306500000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
289000000 USD
us-gaap Net Income Loss
NetIncomeLoss
725100000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
453800000 USD
us-gaap Net Income Loss
NetIncomeLoss
994100000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-700000 USD
us-gaap Notes Issued1
NotesIssued1
4500000 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
CY2017Q3 us-gaap Notes Payable
NotesPayable
2871600000 USD
CY2018Q2 us-gaap Notes Payable
NotesPayable
3093600000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
87000000 USD
CY2018Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
88200000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
565900000 USD
CY2018Q2 us-gaap Other Assets
OtherAssets
642100000 USD
CY2017Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
36500000 USD
CY2018Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
58000000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3700000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19000000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12600000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30700000 USD
CY2017Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
8300000 USD
CY2018Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
8600000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
4800000000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
5500000000 USD
us-gaap Payments For Proceeds From Availableforsale Securities Shortterm
PaymentsForProceedsFromAvailableforsaleSecuritiesShortterm
8800000 USD
us-gaap Payments For Proceeds From Availableforsale Securities Shortterm
PaymentsForProceedsFromAvailableforsaleSecuritiesShortterm
0 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-5300000 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
800000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60600000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74900000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
112200000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
141300000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5100000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10300000 USD
CY2017Q4 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
558300000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4100000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
158100000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
103500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
110100000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2200000 USD
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.1
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.1
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
30800000 USD
CY2018Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
19000000 USD
CY2017Q3 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
570800000 USD
CY2018Q2 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
659200000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
15500000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
34300000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
36200000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
700000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2164300000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
106300000 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
0 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
261100000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
4800000000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
5400000000 USD
CY2017Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
5400000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
19900000 USD
CY2018Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
8900000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
42800000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
289000000 USD
us-gaap Profit Loss
ProfitLoss
725100000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
453700000 USD
us-gaap Profit Loss
ProfitLoss
993400000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
325000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
385200000 USD
CY2018Q2 us-gaap Purchase Obligation
PurchaseObligation
5800000000 USD
CY2017Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0 USD
CY2018Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0 USD
CY2016Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
191200000 USD
CY2017Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
186200000 USD
CY2017Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
179900000 USD
CY2017Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
167900000 USD
CY2018Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
170100000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
165700000 USD
CY2017Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
38700000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
110700000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
35400000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
96000000 USD
CY2017Q3 us-gaap Rental Properties
RentalProperties
52000000 USD
CY2018Q2 us-gaap Rental Properties
RentalProperties
38500000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1051400000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2179500000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16500000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
58700000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4946000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5798800000 USD
CY2017Q2 us-gaap Revenues
Revenues
3776400000 USD
us-gaap Revenues
Revenues
9931900000 USD
CY2018Q2 us-gaap Revenues
Revenues
4435300000 USD
us-gaap Revenues
Revenues
11562900000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
374500000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1055500000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
434900000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1219900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
40400000 USD
CY2017Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
143700000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
176400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
46300000 USD
CY2018Q2 us-gaap Special Assessment Bond Noncurrent
SpecialAssessmentBondNoncurrent
1300000000 USD
us-gaap Stock Issued1
StockIssued1
31800000 USD
us-gaap Stock Issued1
StockIssued1
63700000 USD
CY2017Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 USD
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
125100000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
7747100000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
8597300000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7747600000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8769900000 USD
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
9050071 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
10658608 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1608537 shares
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
194900000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
269800000 USD
CY2017Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9500000 USD
CY2018Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9300000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
379400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
378500000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
383400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
383600000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
374800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
374100000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
377400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
376600000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Change in Presentation and Reclassifications</font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to conform to the current year&#8217;s presentation. The Company has changed the presentation of the consolidated balance sheets and statements of operations to present its homebuilding, land development, financial services and other operations on a combined basis. Prior year amounts have also been combined to reflect this presentation. Of the </font><font style="font-family:inherit;font-size:10pt;">$56.7 million</font><font style="font-family:inherit;font-size:10pt;"> accounts payable and other liabilities in financial services and other operations at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$4.8 million</font><font style="font-family:inherit;font-size:10pt;"> is classified as accounts payable and </font><font style="font-family:inherit;font-size:10pt;">$51.9 million</font><font style="font-family:inherit;font-size:10pt;"> is classified as accrued expenses and other liabilities under the new presentation. See Note </font><font style="font-family:inherit;font-size:10pt;">B</font><font style="font-family:inherit;font-size:10pt;"> for detailed financial information for the Company&#8217;s reporting segments.</font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, as a result of the adoption of ASU 2016-09 on October 1, 2017, </font><font style="font-family:inherit;font-size:10pt;">$5.1 million</font><font style="font-family:inherit;font-size:10pt;"> of cash paid for shares withheld for taxes on stock-based awards was reclassified from operating cash flows to financing cash flows in the consolidated statement of cash flows for the </font><font style="font-family:inherit;font-size:10pt;">nine months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">. These reclassifications had no effect on the Company&#8217;s consolidated financial position or results of operations.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-indent:30px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0000882184-18-000083-index-headers.html Edgar Link pending
0000882184-18-000083-index.html Edgar Link pending
0000882184-18-000083.txt Edgar Link pending
0000882184-18-000083-xbrl.zip Edgar Link pending
a630201810q.htm Edgar Link pending
a6302018exhibit121.htm Edgar Link pending
a6302018exhibit311.htm Edgar Link pending
a6302018exhibit312.htm Edgar Link pending
a6302018exhibit321.htm Edgar Link pending
a6302018exhibit322.htm Edgar Link pending
dhi-20180630.xml Edgar Link completed
dhi-20180630.xsd Edgar Link pending
dhi-20180630_cal.xml Edgar Link unprocessable
dhi-20180630_def.xml Edgar Link unprocessable
dhi-20180630_lab.xml Edgar Link unprocessable
dhi-20180630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending