Earnings Per Share

12 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share.

	Year Ended September 30,
	2020		2019		2018
	(In millions)
Numerator:
Net income attributable to D.R. Horton, Inc.	$	2,373.7	$	1,618.5	$	1,460.3
Denominator:
Denominator for basic earnings per share — weighted average common shares	365.5		372.6		376.6
Effect of dilutive securities:
Employee stock awards	4.7		4.8		6.8
Denominator for diluted earnings per share — adjusted weighted average common shares	370.2		377.4		383.4
Basic net income per common share attributable to D.R. Horton, Inc.	$	6.49	$	4.34	$	3.88
Diluted net income per common share attributable to D.R. Horton, Inc.	$	6.41	$	4.29	$	3.81