XML 15 R3.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]        
Revenues $ 374.3 $ 351.0 $ 647.3 $ 601.3
Cost of sales 294.1 271.8 512.1 467.2
Selling, general and administrative expense 37.9 38.4 74.3 74.3
Equity in earnings of unconsolidated ventures 0.0 0.0 0.0 (0.6)
Interest and other income (1.6) (1.0) (3.9) (3.3)
Loss on extinguishment of debt 0.0 1.1 0.0 1.1
Income before income taxes 43.9 40.7 64.8 62.6
Income tax expense 11.7 9.1 17.1 14.5
Net income 32.2 31.6 47.7 48.1
Net income attributable to noncontrolling interests 0.1 0.0 0.2 0.0
Net income attributable to Forestar Group Inc. $ 32.1 $ 31.6 $ 47.5 $ 48.1
Basic net income per common share $ 0.63 $ 0.62 $ 0.93 $ 0.95
Weighted average number of common shares 51,001,796 50,795,094 50,999,492 50,807,945
Diluted net income per common share $ 0.63 $ 0.62 $ 0.93 $ 0.94
Adjusted weighted average number of common shares 51,209,879 51,046,724 51,195,542 51,066,321