CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
OPERATING ACTIVITIES
Net income	$ 121.8	$ 94.5
Adjustments:
Depreciation and amortization	2.3	2.3
Deferred income taxes	2.1	(2.8)
Stock-based compensation expense	4.1	3.4
Impairments and land option charges	1.0	23.6
Gain on sale of assets	5.0	1.6
Changes in operating assets and liabilities:
(Increase) decrease in real estate	(439.4)	87.7
Increase in other assets	(12.6)	(6.7)
Decrease in accounts payable and other accrued liabilities	(2.7)	(19.6)
Increase (decrease) in accrued development costs	8.4	(31.2)
Increase (decrease) in earnest money deposits on sales contracts	42.4	(13.4)
Net cash (used in) provided by operating activities	(277.6)	136.2
INVESTING ACTIVITIES
Expenditures for property, equipment, software and other	(1.4)	(0.8)
Return of investment in unconsolidated ventures	0.1	0.0
Proceeds from sale of assets	5.0	1.6
Net cash provided by investing activities	3.7	0.8
FINANCING ACTIVITIES
Issuance of common stock	19.7	0.0
Cash paid for shares withheld for taxes	(2.6)	(0.8)
Net cash provided by (used in) financing activities	17.1	(0.8)
(Decrease) increase in cash and cash equivalents	(256.8)	136.2
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	616.0	264.8
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	359.2	401.0
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES
Notes Issued	$ 9.9	$ 0.0