CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
OPERATING ACTIVITIES
Net income	$ 15.4	$ 16.5
Adjustments:
Depreciation and amortization	0.9	0.8
Deferred income taxes	1.2	(0.9)
Equity in earnings of unconsolidated ventures	0.0	(0.6)
Stock-based compensation expense	3.1	2.6
Impairments and land option charges	0.8	1.1
Changes in operating assets and liabilities:
Increase in real estate	(206.2)	(471.6)
(Increase) decrease in other assets	(1.2)	0.1
Increase (decrease) in accounts payable and other accrued liabilities	12.5	(19.2)
Decrease in accrued development costs	(0.2)	(13.2)
Increase in earnest money deposits on sales contracts	16.7	34.4
Net cash used in operating activities	(157.0)	(450.0)
INVESTING ACTIVITIES
Expenditures for property, equipment, software and other	(0.1)	0.0
Return of investment in unconsolidated ventures	0.0	0.9
Net cash (used in) provided by investing activities	(0.1)	0.9
FINANCING ACTIVITIES
Borrowings under revolving credit facility	0.0	100.0
Repayment of debt	(9.9)	0.0
Cash paid for shares withheld for taxes	(0.5)	(0.1)
Net cash (used in) provided by financing activities	(10.4)	99.9
Decrease in cash and cash equivalents	(167.5)	(349.2)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	379.2	481.2
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	$ 211.7	$ 132.0