Earnings Per Share

12 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

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

	Year Ended September 30,
	2022		2021		2020
	(In millions, except share and per share amounts)
Numerator:
Net income attributable to Forestar Group Inc.	$	178.8	$	110.2	$	60.8
Denominator:
Weighted average common shares outstanding — basic	49,818,132		48,901,987		48,037,018
Dilutive effect of stock-based compensation	31,762		73,674		57,093
Total weighted average shares outstanding — diluted	49,849,894		48,975,661		48,094,111
Basic net income per common share attributable to Forestar Group Inc.	$	3.59	$	2.25	$	1.26
Diluted net income per common share attributable to Forestar Group Inc.	$	3.59	$	2.25	$	1.26