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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Cost of sales:        
Inventory and land option charges     $ 19.9 $ 16.0
Gross profit:        
Income before income taxes $ 444.5 $ 378.6 1,116.5 920.4
Income tax expense 155.5 128.8 391.4 317.8
Net income 289.0 249.8 725.1 602.6
Other comprehensive income, net of income tax:        
Comprehensive income $ 289.0 $ 249.8 $ 725.1 $ 601.2
Basic net income per common share (in dollars per share) $ 0.77 $ 0.67 $ 1.94 $ 1.63
Net income per common share assuming dilution (in dollars per share) 0.76 0.66 1.92 1.61
Cash dividends declared per common share (in dollars per share) $ 0.10 $ 0.08 $ 0.30 $ 0.24
Debt Securities [Member]        
Other comprehensive income, net of income tax:        
Net change in unrealized gain $ 0.0 $ 0.0 $ 0.0 $ 1.2
Reclassification adjustment for net gain realized in net income 0.0 0.0 0.0 (2.6)
Homebuilding [Member]        
Revenues:        
Home sales 3,662.3 3,118.7 9,618.1 8,145.6
Land/lot sales and other 22.2 30.1 56.9 65.2
Total revenues 3,684.5 3,148.8 9,675.0 8,210.8
Cost of sales:        
Home sales 2,936.9 2,486.5 7,713.8 6,512.1
Land/lot sales and other 18.8 28.4 45.2 56.2
Inventory and land option charges 5.4 8.1 19.9 16.0
Total cost of sales 2,961.1 2,523.0 7,778.9 6,584.3
Gross profit:        
Home sales 725.4 632.2 1,904.3 1,633.5
Land/lot sales and other 3.4 1.7 11.7 9.0
Inventory and land option charges (5.4) (8.1) (19.9) (16.0)
Total gross profit 723.4 625.8 1,896.1 1,626.5
Selling, general and administrative expense 309.5 279.3 872.4 778.4
Other (income) expense (1.3) (1.9) (7.8) (11.2)
Income before income taxes 415.2 348.4 1,031.5 859.3
Financial Services and Other [Member]        
Gross profit:        
Revenues 91.9 83.1 256.9 205.4
General and administrative expense 65.0 57.5 183.1 157.1
Interest and other (income) expense (2.4) (4.6) (11.2) (12.8)
Income before income taxes $ 29.3 $ 30.2 $ 85.0 $ 61.1