XML 57 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Unaudited Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]    
Total revenue $ 246,902 $ 188,548
Home construction and land sales expenses 210,614 162,776
Inventory impairments and option contract abandonments 204 3,503
Gross profit 36,084 22,269
Commissions 10,642 8,371
General and administrative expenses 26,328 28,194
Depreciation and amortization 2,715 2,403
Operating loss (3,601) (16,699)
Equity in income (loss) of unconsolidated entities 36 (77)
Other expense, net (15,627) (18,273)
Loss from continuing operations before income taxes (19,192) (35,049)
Benefit from income taxes (253) (35,747)
(Loss) income from continuing operations (18,939) 698
(Loss) income from discontinued operations, net of tax (1,449) 41
Net (loss) income $ (20,388) $ 739
Weighted average number of shares:    
Basic (shares) 24,294 14,833
Diluted (shares) 24,294 17,421
(Loss) earnings per share:    
Basic (loss) earnings per share from continuing operations (US$ per share) $ (0.78) $ 0.05
Basic (loss) earnings per share from discontinued operations (US$ per share) $ (0.06) $ 0.00
Basic (loss) earnings per share (US$ per share) $ (0.84) $ 0.05
Diluted (loss) earnings per share from continuing operations (US$ per share) $ (0.78) $ 0.04
Diluted (loss) earnings per share from discontinued operations (US$ per share) $ (0.06) $ 0.00
Diluted (loss) earnings per share (US$ per share) $ (0.84) $ 0.04