10-QPeriod: Q1 FY2003

HORTON D R INC /DE/ Quarterly Report for Q1 Ended Dec 31, 2002

Filed February 14, 2003For Securities:DHI

Summary

D.R. Horton, Inc. (DHI) filed its quarterly report for the period ended December 31, 2002, showcasing its financial performance and position. The report indicates a company operating with consistent filing requirements and an accelerated filer status, suggesting a mature and regularly scrutinized public entity. Investors would find it crucial to examine the detailed financial statements and management's discussion of operations to understand the company's revenue generation, cost management, and overall financial health during this period. Key areas of interest for investors include the company's balance sheet, income statement, and cash flow statement. These documents provide insights into DHI's assets, liabilities, equity, profitability, and how cash is being generated and utilized. The "Management's Discussion and Analysis" section is particularly vital as it offers management's perspective on the results of operations and financial condition, including any significant trends, risks, and uncertainties impacting the business.

Key Highlights

  • 1The report covers the first quarter of the fiscal year ended December 31, 2002.
  • 2D.R. Horton, Inc. has filed all required reports for the preceding 12 months and is subject to filing requirements for the past 90 days.
  • 3The company is classified as an accelerated filer, indicating a significant market capitalization and regular disclosure practices.
  • 4As of February 10, 2003, there were 146,579,465 shares of common stock outstanding.
  • 5The filing includes detailed Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows for the relevant periods.
  • 6Management's Discussion and Analysis of Results of Operations and Financial Condition provides crucial context for understanding the financial statements.

Frequently Asked Questions

This 10-Q filing provides a comprehensive update on D.R. Horton, Inc.'s financial performance and condition for the first quarterly period ended December 31, 2002. It includes unaudited financial statements, management's analysis of the results, and other relevant disclosures for investors and stakeholders.

Being an 'accelerated filer' means that D.R. Horton, Inc. meets certain criteria, typically related to its market capitalization, which requires it to file its quarterly and annual reports with the SEC more quickly than non-accelerated filers. This generally indicates a larger, more established company with significant public float.

Information about D.R. Horton, Inc.'s profitability for the quarter ended December 31, 2002, can be found in the 'Consolidated Statements of Income' on page 4 of the filing. This statement will detail revenues, cost of sales, operating expenses, and net income.

Part I of the filing contains the essential financial statements: Consolidated Balance Sheets (as of December 31, 2002, and September 30, 2002), Consolidated Statements of Income (for the three months ended December 31, 2002, and 2001), and Consolidated Statements of Cash Flows (for the three months ended December 31, 2002, and 2001).