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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
Dec. 31, 2014
Dec. 31, 2013
Gross profit:    
Income (loss) before income taxes $ 220.7us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1] $ 189.7us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1]
Income tax expense (benefit) 78.2us-gaap_IncomeTaxExpenseBenefit 66.5us-gaap_IncomeTaxExpenseBenefit
Net income 142.5us-gaap_ProfitLoss 123.2us-gaap_ProfitLoss
Other comprehensive income (loss), net of income tax:    
Comprehensive income 142.5us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 123.2us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Basic net income per common share (in dollars per share) $ 0.39us-gaap_EarningsPerShareBasic $ 0.38us-gaap_EarningsPerShareBasic
Net income per common share assuming dilution (in dollars per share) $ 0.39us-gaap_EarningsPerShareDiluted $ 0.36us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share (in dollars per share) $ 0.0625us-gaap_CommonStockDividendsPerShareDeclared $ 0.0000us-gaap_CommonStockDividendsPerShareDeclared
Homebuilding [Member]    
Revenues:    
Home sales 2,240.7us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,630.8us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 12.3us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.8us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Total revenues 2,253.0us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,635.6us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Cost of sales:    
Home sales 1,798.1us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,266.7us-gaap_HomeBuildingCosts
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 10.3us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
4.3us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Inventory impairments and land option cost write-offs 6.0us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
2.6us-gaap_ProductionRelatedImpairmentsOrCharges
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Total cost of sales 1,814.4us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
1,273.6us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Gross profit:    
Home sales 442.6dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
364.1dhi_HomeSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Land/lot sales 2.0dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
0.5dhi_LandLotSalesGrossProfitLoss
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Inventory impairments and land option cost write-offs (6.0)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(2.6)dhi_InventoryImpairmentsAndLandOptionCostWriteOffsGrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Gross profit 438.6us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
362.0us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Selling, general and administrative expense 238.0us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
183.4us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Other (income) (5.5)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
(3.3)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
Income (loss) before income taxes 206.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1] 181.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_HomebuildingMember
[1]
Financial Services [Member]    
Gross profit:    
Financial Services Revenue 49.6us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
35.0us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
General and administrative expense 37.8us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
29.8us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
Interest and other (income) (2.8)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
(2.6)us-gaap_OtherOperatingIncome
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
Income (loss) before income taxes $ 14.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1] $ 7.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= dhi_FinancialServicesMember
[1]
[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 revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.