Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2023

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


	Three Months Ended March 31,				Six Months Ended March 31,
	2023		2022		2023		2022
	(In millions, except share and per share amounts)
Numerator:
Net income attributable to Forestar Group Inc.	$	26.9	$	47.8	$	47.7	$	88.3
Denominator:
Weighted average common shares outstanding — basic	49,943,373		49,820,937		49,916,927		49,752,153
Dilutive effect of stock-based compensation	67,166		57,229		37,854		53,364
Total weighted average shares outstanding — diluted	50,010,539		49,878,166		49,954,781		49,805,517

Basic net income per common share attributable to Forestar Group Inc.	$	0.54	$	0.96	$	0.95	$	1.77
Diluted net income per common share attributable to Forestar Group Inc.	$	0.54	$	0.96	$	0.95	$	1.77