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Horton D R Inc/DE – ‘10-Q’ for 3/31/18 – ‘EX-12.1’

On:  Monday, 4/30/18, at 5:22pm ET   ·   For:  3/31/18   ·   Accession #:  882184-18-75   ·   File #:  1-14122

Previous ‘10-Q’:  ‘10-Q’ on 2/8/18 for 12/31/17   ·   Next:  ‘10-Q’ on 7/27/18 for 6/30/18   ·   Latest:  ‘10-Q’ on 4/23/24 for 3/31/24   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 4/30/18  Horton D R Inc/DE                 10-Q        3/31/18   74:14M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.19M 
 2: EX-12.1     Ratio Computation                                   HTML     37K 
 3: EX-31.1     Certification of Chief Executive Officer Pursuant   HTML     30K 
                to Section 302(A)                                                
 4: EX-31.2     Certification of Chief Financial Officer Pursuant   HTML     30K 
                to Section 302(A)                                                
 5: EX-32.1     Certification of Chief Executive Officer Pursuant   HTML     23K 
                to 18 U.S.C.                                                     
 6: EX-32.2     Certification of Chief Financial Officer Pursuant   HTML     23K 
                to 18 U.S.C.                                                     
13: R1          Document and Entity Information                     HTML     39K 
14: R2          Consolidated Balance Sheets (Unaudited)             HTML    104K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     43K 
                (Unaudited)                                                      
16: R4          Consolidated Statements of Operations (Unaudited)   HTML     72K 
17: R5          Consolidated Statements of Cash Flows (Unaudited)   HTML    131K 
18: R6          Basis of Presentation                               HTML     77K 
19: R7          Segment Information                                 HTML    583K 
20: R8          Inventory                                           HTML     29K 
21: R9          Notes Payable                                       HTML     77K 
22: R10         Capitalized Interest                                HTML     45K 
23: R11         Mortgage Loans                                      HTML     56K 
24: R12         Income Taxes                                        HTML     36K 
25: R13         Earnings Per Share                                  HTML     55K 
26: R14         Stockholders' Equity                                HTML     27K 
27: R15         Employee Benefit Plans                              HTML     30K 
28: R16         Commitments and Contingencies                       HTML     77K 
29: R17         Other Assets, Accrued Expenses and Other            HTML     58K 
                Liabilities                                                      
30: R18         Investment in Unconsolidated Entities               HTML     48K 
31: R19         Fair Value Measurements                             HTML    173K 
32: R20         Supplemental Guarantor Information                  HTML    539K 
33: R21         Basis of Presentation (Policies)                    HTML     49K 
34: R22         Basis of Presentation Basis of Presentation         HTML     51K 
                (Tables)                                                         
35: R23         Segment Information (Tables)                        HTML    571K 
36: R24         Notes Payable (Tables)                              HTML     53K 
37: R25         Capitalized Interest (Tables)                       HTML     43K 
38: R26         Mortgage Loans (Tables)                             HTML     43K 
39: R27         Earnings Per Share (Tables)                         HTML     56K 
40: R28         Commitments and Contingencies (Tables)              HTML     59K 
41: R29         Other Assets, Accrued Expenses and Other            HTML     59K 
                Liabilities (Tables)                                             
42: R30         Investment in Unconsolidated Entities (Tables)      HTML     45K 
43: R31         Fair Value Measurements (Tables)                    HTML    171K 
44: R32         Supplemental Guarantor Information (Tables)         HTML    530K 
45: R33         Basis of Presentation (Details)                     HTML    117K 
46: R34         Segment Information - Narrative (Details)           HTML     40K 
47: R35         Segment Information (Details)                       HTML    275K 
48: R36         Inventory (Details)                                 HTML     41K 
49: R37         Notes Payable (Details)                             HTML     65K 
50: R38         Notes Payable - Narrative (Details)                 HTML    115K 
51: R39         Capitalized Interest (Details)                      HTML     33K 
52: R40         Mortgage Loans - Mortgage Loans Held for Sale       HTML     47K 
                (Details)                                                        
53: R41         Mortgage Loans - Other Mortgage Loans (Details)     HTML     39K 
54: R42         Mortgage Loans - Loan Commitments and Related       HTML     28K 
                Derivatives (Details)                                            
55: R43         Income Taxes (Details)                              HTML     58K 
56: R44         Earnings Per Share (Details)                        HTML     44K 
57: R45         Stockholders' Equity (Details)                      HTML     41K 
58: R46         Employee Benefit Plans (Details)                    HTML     52K 
59: R47         Commitments and Contingencies - Warranty Claims     HTML     33K 
                (Details)                                                        
60: R48         Commitments and Contingencies - Narrative           HTML     58K 
                (Details)                                                        
61: R49         Commitments and Contingencies - Legal Claims and    HTML     27K 
                Insurance (Details)                                              
62: R50         Other Assets, Accrued Expenses and Other            HTML     66K 
                Liabilities (Details)                                            
63: R51         Investment in Unconsolidated Entities - Narrative   HTML     37K 
                (Details)                                                        
64: R52         Investment in Unconsolidated Entities - Condensed   HTML     67K 
                Financial Information of Unconsolidated Entities                 
                (Details)                                                        
65: R53         Fair Value Measurements - Recurring (Details)       HTML     68K 
66: R54         Fair Value Measurements - Level 3 Rollforward       HTML     52K 
                (Details)                                                        
67: R55         Fair Value Measurements - Nonrecurring (Details)    HTML     50K 
68: R56         Fair Value Measurements - Assets and Liabilities    HTML     54K 
                Not Reflected at Fair Value (Details)                            
69: R57         Supplemental Guarantor Information - Balance Sheet  HTML    123K 
                (Details)                                                        
70: R58         Supplemental Guarantor Information - Statement of   HTML     88K 
                Operations (Details)                                             
71: R59         Supplemental Guarantor Information - Statement of   HTML    130K 
                Cash Flows (Details)                                             
73: XML         IDEA XML File -- Filing Summary                      XML    128K 
72: EXCEL       IDEA Workbook of Financial Reports                  XLSX    101K 
 7: EX-101.INS  XBRL Instance -- dhi-20180331                        XML   5.15M 
 9: EX-101.CAL  XBRL Calculations -- dhi-20180331_cal                XML    211K 
10: EX-101.DEF  XBRL Definitions -- dhi-20180331_def                 XML    953K 
11: EX-101.LAB  XBRL Labels -- dhi-20180331_lab                      XML   1.50M 
12: EX-101.PRE  XBRL Presentations -- dhi-20180331_pre               XML   1.11M 
 8: EX-101.SCH  XBRL Schema -- dhi-20180331                          XSD    129K 
74: ZIP         XBRL Zipped Folder -- 0000882184-18-000075-xbrl      Zip    312K 


‘EX-12.1’   —   Ratio Computation


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 <!   C:   C: 
  Exhibit  


Exhibit 12.1
D.R. HORTON, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
Six Months Ended 
 March 31, 2018
 
For the Fiscal Year Ended September 30,
 
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
 
($ in millions)
Consolidated income before income taxes
 
$
836.1

 
$
1,602.1

 
$
1,353.5

 
$
1,123.4

 
$
814.2

 
$
657.8

Distributions in excess of earnings of equity method investees
 
12.7

 

 

 

 

 

Amortization of capitalized interest
 
60.6

 
152.6

 
169.1

 
159.7

 
124.4

 
110.9

Interest expensed
 
3.1

 
6.6

 
6.2

 
5.6

 
4.8

 
11.7

Earnings
 
$
912.5

 
$
1,761.3

 
$
1,528.8

 
$
1,288.7

 
$
943.4

 
$
780.4

Interest incurred
 
$
66.0

 
$
135.9

 
$
158.5

 
$
174.8

 
$
190.6

 
$
177.3

Fixed charges
 
$
66.0

 
$
135.9

 
$
158.5

 
$
174.8

 
$
190.6

 
$
177.3

Ratio of earnings to fixed charges
 
13.83

 
12.96

 
9.65

 
7.37

 
4.95

 
4.40

 



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:4/30/18
For Period end:3/31/18
9/30/1710-K
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/01/20  D.R. Horton, Inc.                 424B2                  1:845K                                   Donnelley … Solutions/FA
 9/29/20  D.R. Horton, Inc.                 424B5                  1:834K                                   Donnelley … Solutions/FA
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Filing Submission 0000882184-18-000075   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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