8-K/AOther Events

HORTON D R INC /DE/ 8-K/A Report (Mar 25, 2002)

Filed March 25, 2002For Securities:DHI

Summary

This 8-K/A filing by D.R. Horton, Inc. (DHI) on March 25, 2002, serves as an amendment to a previous filing and primarily relates to the incorporation of financial information concerning the acquisition of Schuler Homes, Inc. The filing references Schuler Homes' previously filed financial statements, including balance sheets and income statements for various periods, and quarterly reports. Additionally, it includes unaudited pro forma combined condensed financial statements that reflect the merger of D.R. Horton and Schuler Homes as of December 31, 2001, and for subsequent reporting periods. For investors, this filing is significant as it consolidates and presents the financial impact of the Schuler Homes acquisition. The pro forma statements offer a look at how the combined entity would have performed financially, providing a clearer picture of the company's scale and financial position post-merger. Investors should review these pro forma statements to assess the financial integration and expected synergies from the acquisition.

Key Highlights

  • 1Amendment to a previous filing, focusing on the acquisition of Schuler Homes, Inc.
  • 2Incorporates previously filed financial statements of Schuler Homes, Inc. for periods ending March 31, 2001, and quarterly data up to December 31, 2001.
  • 3Includes unaudited pro forma combined condensed financial statements reflecting the merger of D.R. Horton and Schuler Homes.
  • 4Pro forma statements are presented as of December 31, 2001, and for the quarter ended December 31, 2001, and the fiscal year ended September 30, 2001.
  • 5Provides investors with a consolidated view of the financial impact of the Schuler Homes acquisition.
  • 6Exhibit 99.2 contains the unaudited pro forma combined condensed balance sheet and statements of income.

Frequently Asked Questions

This filing serves as an amendment to a previous report and is primarily focused on incorporating and presenting the financial information related to D.R. Horton's acquisition of Schuler Homes, Inc. It includes references to Schuler Homes' historical financial statements and presents pro forma combined financial statements that reflect the merger.

Pro forma financial statements show how the combined company (D.R. Horton and Schuler Homes) would have performed financially as if the merger had occurred at an earlier point in time. They are important for investors as they provide a clearer picture of the financial scale and performance of the merged entity, allowing for better assessment of the acquisition's impact.

The unaudited pro forma combined condensed balance sheet and statements of income, reflecting the merger of D.R. Horton, Inc. and Schuler Homes, Inc., are attached as Exhibit 99.2 to this filing. This exhibit provides the key financial data for the combined entity.

No, this filing primarily references previously filed financial statements of the acquired company and presents 'unaudited' pro forma financial information. Audited financial statements for the combined entity would typically be presented in subsequent SEC filings, such as the company's annual report (10-K).