CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES
Net income	$ 167.9	$ 203.4	$ 166.9
Adjustments:
Depreciation and amortization	3.5	3.0	3.0
Deferred income taxes	18.7	16.8	13.8
Equity in earnings of unconsolidated ventures	(0.6)	0.0	0.0
Stock-based compensation expense	7.3	5.3	4.3
Impairments and land option charges	7.2	4.1	24.0
Gain on sale of assets	(4.5)	(9.5)	(1.6)
Loss on extinguishment of debt	(1.2)	0.0	0.0
Changes in operating assets and liabilities:
(Increase) decrease in real estate	(384.8)	(469.9)	206.3
Increase in other assets	(7.4)	(27.7)	(7.0)
(Decrease) increase in accounts payable and other accrued liabilities	(14.4)	24.7	(12.7)
(Decrease) increase in accrued development costs	(12.8)	40.5	(18.2)
Increase (decrease) in earnest money deposits on sales contracts	21.0	50.9	(14.7)
Net cash (used in) provided by operating activities	(197.7)	(158.4)	364.1
INVESTING ACTIVITIES
Expenditures for property, equipment, software and other	(2.2)	(2.2)	(1.3)
Return of investment in unconsolidated ventures	0.9	0.0	0.0
Proceeds from sale of assets	4.5	9.5	1.6
Net cash provided by investing activities	3.2	7.3	0.3
FINANCING ACTIVITIES
Issuance of common stock	0.0	19.7	0.0
Additions to debt	780.0	0.0	0.0
Repayment of debt	680.0	0.0	12.5
Deferred financing fees	(6.2)	0.0	0.0
Cash paid for shares withheld for taxes	(1.8)	(3.4)	(0.7)
Stock issued under employee benefit plans	0.5	0.0	0.0
Net cash provided by (used in) financing activities	92.5	16.3	(13.2)
(Decrease) increase in cash and cash equivalents	(102.0)	(134.8)	351.2
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	481.2	616.0	264.8
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	379.2	481.2	616.0
Note payable issued for real estate	0.0	9.9	0.0
Income taxes paid, net	$ 30.8	$ 45.7	$ 44.7