Net Income (Loss) per Share (Tables)

3 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding

The computations of basic and diluted earnings per share are as follows:

	Three Months Ended December 31,
	2018		2017
	(In millions, except share data)
Numerator:
Continuing operations
Net income (loss) from continuing operations	$	3.9	$	(22.8	)
Less: Net income attributable to noncontrolling interest	0.6		2.0
Net income (loss) attributable to Forestar Group Inc.	$	3.3	$	(24.8	)
Discontinued operations
Net income from discontinued operations available for diluted earnings per share	$	—	$	7.2
Denominator:
Weighted average common shares outstanding — basic	41,952,493		41,957,424
Dilutive effect of share based compensation	6,206		—
Total weighted average shares outstanding — diluted	41,958,699		41,957,424
Anti-dilutive awards excluded from diluted weighted average shares	—		30,868