8-KEarnings & ResultsExhibits & Filings

HORTON D R INC /DE/ 8-K Report, Financial Results (Jan 11, 2018)

Filed January 11, 2018For Securities:DHI

Summary

This 8-K filing by D.R. Horton, Inc. (DHI) on January 11, 2018, primarily reports on the company's guidance regarding the financial impact of the recently enacted Tax Cuts and Jobs Act. The press release, attached as an exhibit, details the expected effects of this new tax legislation on DHI's operations and financial condition. Investors should note that this information is furnished, not filed, under Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same liabilities as formally filed information unless specifically incorporated into other filings. The core of this filing revolves around the company's proactive communication regarding tax reform. While the filing itself is brief and doesn't contain unaudited financial results or a substantial business update beyond the tax law implications, it signals the company's attention to significant regulatory changes and their potential financial consequences. Investors are directed to the attached press release (Exhibit 99.1) for the specific details of the tax law's guidance.

Key Highlights

  • 1D.R. Horton, Inc. (DHI) filed an 8-K on January 11, 2018, to disclose guidance on the Tax Cuts and Jobs Act.
  • 2The filing includes a press release (Exhibit 99.1) detailing the expected impact of the new tax law.
  • 3The company is providing advance information to investors regarding tax reform effects.
  • 4The information is furnished under Item 2.02 and is not considered 'filed' for Section 18 liabilities.
  • 5The Chief Financial Officer, Bill W. Wheat, signed the filing.
  • 6No specific financial results or operational updates beyond the tax law impact are presented in this filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide D.R. Horton, Inc. (DHI) with an outlet to communicate guidance to investors regarding the expected impact of the recently enacted Tax Cuts and Jobs Act on the company's financial condition and operations.

The detailed guidance and expected impact of the Tax Cuts and Jobs Act are provided in the press release dated January 9, 2018, which is attached as Exhibit 99.1 to this 8-K filing and incorporated by reference.

No, this specific 8-K filing does not include unaudited financial results or a comprehensive update on the company's operational performance. Its sole focus, as indicated by Item 2.02, is the company's guidance concerning the Tax Cuts and Jobs Act.

When information is 'furnished' under Item 2.02, it means it's being disclosed to the public but does not carry the same legal implications as 'filed' information under Section 18 of the Securities Exchange Act of 1934. This means the company generally cannot be held liable for misstatements or omissions in furnished information under that specific section, although it can still be considered in other contexts.