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Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Gross profit:        
Income (loss) before income taxes $ 230.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1] $ 201.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1] $ 450.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1] $ 391.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1]
Income tax expense (benefit) 82.2us-gaap_IncomeTaxExpenseBenefit 70.9us-gaap_IncomeTaxExpenseBenefit 160.4us-gaap_IncomeTaxExpenseBenefit 137.5us-gaap_IncomeTaxExpenseBenefit
Net income 147.9us-gaap_ProfitLoss 131.0us-gaap_ProfitLoss 290.4us-gaap_ProfitLoss 254.1us-gaap_ProfitLoss
Other comprehensive income (loss), net of income tax:        
Comprehensive income 147.9us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 131.3us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 290.4us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 254.4us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Basic net income per common share (in dollars per share) $ 0.40us-gaap_EarningsPerShareBasic $ 0.40us-gaap_EarningsPerShareBasic $ 0.79us-gaap_EarningsPerShareBasic $ 0.79us-gaap_EarningsPerShareBasic
Net income per common share assuming dilution (in dollars per share) $ 0.40us-gaap_EarningsPerShareDiluted $ 0.38us-gaap_EarningsPerShareDiluted $ 0.79us-gaap_EarningsPerShareDiluted $ 0.73us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share (in dollars per share) $ 0.0625us-gaap_CommonStockDividendsPerShareDeclared $ 0.0375us-gaap_CommonStockDividendsPerShareDeclared $ 0.125us-gaap_CommonStockDividendsPerShareDeclared $ 0.0375us-gaap_CommonStockDividendsPerShareDeclared
Homebuilding [Member]        
Revenues:        
Home sales 2,318.8us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,680.0us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4,559.4us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
3,310.8us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 19.7us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
16.6us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
32.1us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
21.5us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Total revenues 2,338.5us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,696.6us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4,591.5us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
3,332.3us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Cost of sales:        
Home sales 1,861.9us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,302.8us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
3,659.9us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
2,569.5us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 17.6us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
12.6us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
28.0us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
16.9us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Inventory impairments and land option cost write-offs 12.5us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.4us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
18.6us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
7.1us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Total cost of sales 1,892.0us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,319.8us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
3,706.5us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
2,593.5us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Gross profit:        
Home sales 456.9dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
377.2dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
899.5dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
741.3dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 2.1dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.0dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.1dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.6dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Inventory impairments and land option cost write-offs (12.5)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(4.4)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(18.6)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(7.1)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Gross profit 446.5us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
376.8us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
885.0us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
738.8us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Selling, general and administrative expense 242.4us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
187.9us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
480.4us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
371.3us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Other (income) (4.5)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(2.8)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(10.1)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(6.1)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Income (loss) before income taxes 208.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1] 191.7us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1] 414.7us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1] 373.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1]
Financial Services [Member]        
Gross profit:        
Financial Services Revenue 59.5us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
38.4us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
109.2us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
73.3us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
General and administrative expense 40.7us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
30.2us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
78.6us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
60.0us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
Interest and other (income) (2.7)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
(2.0)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
(5.5)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
(4.7)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
Income (loss) before income taxes 21.5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1] 10.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1] 36.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1] 18.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1]
Debt Securities [Member]        
Other comprehensive income (loss), net of income tax:        
Unrealized gain related to debt securities collateralized by residential real estate $ 0us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_DebtSecuritiesMember
$ 0.3us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_DebtSecuritiesMember
$ 0us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_DebtSecuritiesMember
$ 0.3us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_DebtSecuritiesMember
[1] Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s cost of sales, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.