10-QPeriod: Q3 FY2006

HORTON D R INC /DE/ Quarterly Report for Q3 Ended Jun 30, 2006

Filed August 8, 2006For Securities:DHI

Summary

D.R. Horton, Inc. (DHI) reported its financial results for the third quarter and nine months ended June 30, 2006. The company's performance indicates a continued focus on operational efficiency and market positioning within the homebuilding industry. Investors should note the company's balance sheet, which provides a snapshot of its assets, liabilities, and equity as of June 30, 2006, compared to the prior year's comparable period. The accompanying statements of income and cash flows detail the revenue generation, cost management, and cash-generating activities over the three and nine-month periods, offering insights into the company's profitability and liquidity.

Key Highlights

  • 1Consolidated Balance Sheets as of June 30, 2006, and September 30, 2005, providing a view of the company's financial position.
  • 2Consolidated Statements of Income for the three and nine months ended June 30, 2006, and 2005, detailing revenue and profitability trends.
  • 3Consolidated Statements of Cash Flows for the nine months ended June 30, 2006, and 2005, showing cash inflows and outflows from operating, investing, and financing activities.
  • 4The report includes Notes to Consolidated Financial Statements, which offer crucial details and explanations for the reported figures.
  • 5Management's Discussion and Analysis of Financial Condition and Results of Operations provides management's perspective on the company's performance and outlook.
  • 6Quantitative and Qualitative Disclosures about Market Risk offer insights into the company's exposure to various market risks.
  • 7Information on Controls and Procedures is included, addressing the effectiveness of internal controls over financial reporting.

Frequently Asked Questions

This 10-Q filing includes the Consolidated Balance Sheets as of June 30, 2006, and September 30, 2005. It also presents the Consolidated Statements of Income for the three and nine months ended June 30, 2006, and 2005, and the Consolidated Statements of Cash Flows for the nine months ended June 30, 2006, and 2005.

Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A), found under Item 2, provides management's detailed explanation of the company's financial performance, condition, and outlook.

Item 3, Quantitative and Qualitative Disclosures about Market Risk, details the company's exposure to various market risks and how it manages those risks.

Yes, Item 4, Controls and Procedures, addresses the company's internal controls over financial reporting.