XML 48 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
A summary of items impacted as the result of adopting ASC 606 follows:
 
As of September 30, 2019
 
As Reported
 
Impact of Adoption
 
As Adjusted
 
(In millions)
Real estate
$
1,028.9

 
$
2.1

 
$
1,026.8

Contract liabilities
2.5

 
2.5

 

Deferred income
9.3

 
(0.4
)
 
9.7

Inventory, Interest Capitalization Policy [Table Text Block]
The following table summarizes the Company’s interest costs incurred, capitalized and expensed for fiscal 2019 and the nine months ended September 30, 2018.
 
Year Ended 
 September 30, 2019
 
Nine Months Ended 
 September 30, 2018
 
(In millions)
Capitalized interest, beginning of period
$
3.2

 
$
0.5

Interest incurred
25.3

 
7.3

Interest expensed:
 
 
 
Directly to interest expense

 
(3.7
)
Charged to cost of sales
(4.8
)
 
(0.9
)
Capitalized interest, end of period
$
23.7

 
$
3.2

Schedule of Property, Plant and Equipment
 
Estimated Useful Lives
 
September 30,
 
 
2019
 
2018
 
 
 
(In millions)
Buildings and building improvements
10 to 40 years
 
$
0.9

 
$
0.3

Property and equipment
2 to 10 years
 
3.4

 
3.1

Total property and equipment
4.3

 
3.4

Accumulated depreciation
(1.9
)
 
(1.7
)
Property and equipment, net
$
2.4

 
$
1.7