Summary of Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Sep. 30, 2020

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results of Operations

Consolidated quarterly results of operations for fiscal year 2020 and 2019 were (in millions, except per share amounts):

2020	Three Months Ended December 31, 2019		Three Months Ended March 31, 2020		Three Months Ended June 30, 2020		Three Months Ended September 30, 2020
Total revenues	$	247.2	$	159.1	$	177.9	$	347.6
Income before income taxes	22.2		13.7		10.3		32.0
Income tax expense	5.4		3.3		0.2		7.5
Net income	16.8		10.4		10.1		24.5
Net (loss) income attributable to noncontrolling interests	(0.1)		0.8		—		0.3
Net income attributable to Forestar Group Inc.	16.9		9.6		10.1		24.2
Net income per share — basic	$	0.35	$	0.20	$	0.21	$	0.50
Net income per share — diluted	$	0.35	$	0.20	$	0.21	$	0.50
2019	Three Months Ended December 31, 2018		Three Months Ended March 31, 2019		Three Months Ended June 30, 2019		Three Months Ended September 30, 2019
Total revenues	$	38.5	$	65.3	$	88.2	$	236.3
Income before income taxes	4.9		16.4		8.4		16.0
Income tax expense	1.0		3.6		1.5		3.4
Net income	3.9		12.8		6.9		12.6
Net income (loss) attributable to noncontrolling interests	0.6		2.7		—		(0.1)
Net income attributable to Forestar Group Inc.	3.3		10.1		6.9		12.7
Net income per share — basic	$	0.08	$	0.24	$	0.16	$	0.30
Net income per share — diluted	$	0.08	$	0.24	$	0.16	$	0.30