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Segment Information (Tables)
 9 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The accounting policies of the reporting segments are described throughout Note A included in the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2015. Financial information relating to the Company’s reporting segments is as follows:
 
 
Three Months Ended 
 June 30,
 
Nine Months Ended 
 June 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Revenues
 
 
 
 
 
 
 
 
Homebuilding revenues:
 
 
 
 
 
 
 
 
East
 
$
391.2

 
$
367.4

 
$
998.3

 
$
946.9

Midwest
 
179.9

 
205.4

 
465.2

 
480.3

Southeast
 
913.3

 
775.5

 
2,436.9

 
2,041.0

South Central
 
816.1

 
715.1

 
2,123.4

 
1,923.1

Southwest
 
93.0

 
96.7

 
246.8

 
243.0

West
 
755.3

 
716.3

 
1,940.2

 
1,833.7

Homebuilding revenues
 
3,148.8

 
2,876.4

 
8,210.8

 
7,468.0

Financial services revenues
 
83.1

 
74.4

 
205.4

 
183.6

Total revenues
 
$
3,231.9

 
$
2,950.8

 
$
8,416.2

 
$
7,651.6

Inventory Impairments
 
 
 
 
 
 
 
 
East
 
$
4.2

 
$
2.1

 
$
7.4

 
$
2.1

Midwest
 
—

 
—

 
—

 
—

Southeast
 
—

 
1.4

 
0.2

 
8.7

South Central
 
1.0

 
0.8

 
1.0

 
1.4

Southwest
 
—

 
—

 
—

 
—

West
 
—

 
7.4

 
0.3

 
11.4

Total inventory impairments
 
$
5.2

 
$
11.7

 
$
8.9

 
$
23.6

Income Before Income Taxes (1)
 
 
 
 
 
 
 
 
Homebuilding pre-tax income:
 
 
 
 
 
 
 
 
East
 
$
40.4

 
$
30.3

 
$
90.9

 
$
69.7

Midwest
 
13.5

 
21.5

 
29.5

 
36.5

Southeast
 
107.8

 
80.7

 
279.5

 
197.4

South Central
 
109.5

 
78.9

 
263.1

 
205.1

Southwest
 
0.9

 
5.2

 
5.6

 
8.3

West
 
77.1

 
85.5

 
192.7

 
199.8

Homebuilding pre-tax income
 
349.2

 
302.1

 
861.3

 
716.8

Financial services pre-tax income
 
29.4

 
31.7

 
59.1

 
67.8

Income before income taxes
 
$
378.6

 
$
333.8

 
$
920.4

 
$
784.6

________________
(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.

 
 
June 30,
2016
 
September 30,
2015
 
 
(In millions)
Homebuilding Inventories (1)
 
 
 
 
East
 
$
879.6

 
$
817.3

Midwest
 
457.4

 
474.5

Southeast
 
2,046.9

 
1,876.7

South Central
 
2,125.8

 
1,909.0

Southwest
 
363.9

 
312.4

West
 
2,372.3

 
2,165.3

Corporate and unallocated (2)
 
258.3

 
251.8

Total homebuilding inventories
 
$
8,504.2

 
$
7,807.0

________________

(1)
Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.
(2)
Corporate and unallocated consists primarily of capitalized interest and property taxes.