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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Cost of sales:        
Inventory and land option charges     $ 14.5 $ 7.9
Gross profit:        
Income before income taxes $ 353.9 $ 300.5 672.1 541.8
Income tax expense 124.7 105.4 236.0 189.0
Net income 229.2 195.1 436.1 352.8
Other comprehensive income, net of income tax:        
Comprehensive income $ 229.2 $ 192.5 $ 436.1 $ 351.4
Basic net income per common share (in dollars per share) $ 0.61 $ 0.53 $ 1.17 $ 0.95
Net income per common share assuming dilution (in dollars per share) 0.60 0.52 1.15 0.94
Cash dividends declared per common share (in dollars per share) $ 0.10 $ 0.08 $ 0.20 $ 0.16
Debt Securities [Member]        
Other comprehensive income, net of income tax:        
Net change in unrealized gain $ 0.0 $ 0.0 $ 0.0 $ 1.2
Reclassification adjustment for net gain realized in net income 0.0 (2.6) 0.0 (2.6)
Homebuilding [Member]        
Revenues:        
Home sales 3,158.1 2,686.0 5,955.8 5,026.9
Land/lot sales and other 6.3 15.0 34.7 35.2
Total revenues 3,164.4 2,701.0 5,990.5 5,062.1
Cost of sales:        
Home sales 2,532.1 2,151.3 4,776.9 4,025.6
Land/lot sales and other 5.6 12.0 26.4 27.9
Inventory and land option charges 12.2 6.0 14.5 7.9
Total cost of sales 2,549.9 2,169.3 4,817.8 4,061.4
Gross profit:        
Home sales 626.0 534.7 1,178.9 1,001.3
Land/lot sales and other 0.7 3.0 8.3 7.3
Inventory and land option charges (12.2) (6.0) (14.5) (7.9)
Total gross profit 614.5 531.7 1,172.7 1,000.7
Selling, general and administrative expense 294.5 257.4 562.9 499.1
Other (income) expense (2.4) (7.6) (6.5) (9.3)
Income before income taxes 322.4 281.9 616.3 510.9
Financial Services and Other [Member]        
Gross profit:        
Revenues 86.9 66.9 165.0 122.2
General and administrative expense 60.7 51.8 118.1 99.6
Interest and other (income) expense (5.3) (3.5) (8.9) (8.3)
Income before income taxes $ 31.5 $ 18.6 $ 55.8 $ 30.9