8-KOther EventsExhibits & Filings

HORTON D R INC /DE/ 8-K Report, Corporate Update (Aug 11, 2005)

Filed August 11, 2005For Securities:DHI

Summary

This Form 8-K filing for D. R. Horton, Inc. (DHI) on August 11, 2005, primarily serves to provide updated financial information and disclosures. It clarifies that the report does not supersede prior filings for the fiscal year ended September 30, 2004. However, it does incorporate adjustments related to EITF 04-8, which impacts the calculation of diluted net income per share, and reflects the company's March 2005 four-for-three stock split. The filing includes "Consolidated Financial Statements and Related Notes" (Exhibit 99.1) and the "Consent of Ernst & Young LLP" (Exhibit 23.1). Investors should review these attached financial statements for a detailed understanding of the company's financial position and performance, paying close attention to the impact of EITF 04-8 and the stock split on earnings per share metrics.

Key Highlights

  • 1Filing provides updated financial statements and related notes (Exhibit 99.1).
  • 2Includes the Consent of Ernst & Young LLP (Exhibit 23.1) to the use of their audit report.
  • 3Reflects adjustments for EITF 04-8, impacting diluted net income per share calculations.
  • 4Incorporates the effects of D. R. Horton's March 2005 four-for-three stock split.
  • 5This 8-K does not modify or update disclosures from the prior 10-K for the year ended September 30, 2004, except for the specific impacts mentioned.
  • 6The filing is signed by Bill W. Wheat, Executive Vice President and Chief Financial Officer.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide updated consolidated financial statements and related notes, and to disclose the impact of EITF 04-8 on diluted net income per share and the company's recent stock split.

No, this Form 8-K does not supersede or replace the Form 10-K for the year ended September 30, 2004. It only updates specific disclosures related to EITF 04-8 and the stock split.

EITF 04-8 is an accounting standard that affects how certain earnings per share are calculated. This filing indicates that its effects on D. R. Horton's diluted net income per share have been reflected in the updated financial statements.

The filing mentions a four-for-three stock split that occurred in March 2005. This means for every three shares held, shareholders received an additional share, increasing the total number of shares outstanding.