Net Income per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding

Earnings available to common shareholders and weighted average common shares outstanding used to compute earnings per share were:

	For the Year
	2012			2011			2010
	(In thousands)
Earnings available to common shareholders:
Consolidated net income	$	17,876		$	9,241		$	5,834
Less: Net income attributable to noncontrolling interest		(4,934	)		(2,087	)		(709	)
Net income attributable to Forestar Group Inc.	$	12,942		$	7,154		$	5,125
Weighted average common shares outstanding — basic		35,214			35,413			35,893
Dilutive effect of stock options, restricted stock and equity-settled awards		268			368			484
Weighted average common shares outstanding — diluted		35,482			35,781			36,377
Anti-dilutive awards excluded from diluted weighted average shares outstanding		2,713			2,008			1,574