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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]          
Total revenue $ 482,738   $ 511,521 $ 1,306,038 $ 1,339,188
Home construction and land sales expenses 410,974   428,109 1,107,681 1,119,870
Inventory impairments and abandonments 0 $ 147,600 168 148,618 168
Gross profit 71,764   83,244 49,739 219,150
Commissions 18,230   19,535 49,965 51,225
General and administrative expenses 40,749   42,473 116,763 120,610
Depreciation and amortization 3,242   3,656 8,912 9,229
Operating income (loss) 9,543   17,580 (125,901) 38,086
Equity in income of unconsolidated entities 299   147 316 302
Gain (loss) on extinguishment of debt 358   0 574 (25,904)
Other expense, net (755)   (30) (1,134) (4,628)
Income (loss) from continuing operations before income taxes 9,445   17,697 (126,145) 7,856
(Benefit) expense from income taxes (2,180)   4,268 (44,260) 113,386
Income (loss) from continuing operations 11,625   13,429 (81,885) (105,530)
Loss from discontinued operations, net of tax (23)   (20) (64) (450)
Net income (loss) $ 11,602   $ 13,409 $ (81,949) $ (105,980)
Weighted average number of shares:          
Basic (in shares) 30,250   32,147 30,926 32,113
Diluted (in shares) 30,489   32,726 30,926 32,113
Basic income (loss) per share:          
Continuing Operations (in dollars per share) $ 0.38   $ 0.42 $ (2.65) $ (3.29)
Discontinued Operations (in dollars per share) 0.00   0.00 0.00 (0.01)
Total (in dollars per share) 0.38   0.42 (2.65) (3.30)
Diluted income (loss) per share:          
Continuing operations (in dollars per share) 0.38   0.41 (2.65) (3.29)
Discontinued operations (in dollars per share) 0.00   0.00 0.00 (0.01)
Total (in dollars per share) $ 0.38   $ 0.41 $ (2.65) $ (3.30)