XML 29 R78.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Guarantor Information - Consolidating Statement of Operations (Details) (USD $)
3 Months Ended 12 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Condensed Financial Statements, Captions [Line Items]                      
Total revenue $ 545,905,000 $ 354,671,000 $ 270,021,000 $ 293,170,000 $ 438,334,000 $ 314,439,000 $ 287,902,000 $ 246,902,000 $ 1,463,767,000 $ 1,287,577,000 $ 1,005,677,000
Home construction and land sales expenses                 1,192,001,000 1,070,814,000 888,379,000
Inventory impairments and option contract abandonments 5,386,000 2,010,000 880,000 31,000 404,000 0 2,025,000 204,000 8,307,000 2,633,000 12,210,000
Gross profit 87,813,000 [1] 68,804,000 [1] 52,172,000 [1] 54,670,000 [1] 80,046,000 [1] 54,115,000 [1] 43,885,000 [1] 36,084,000 [1] 263,459,000 214,130,000 105,088,000
Commissions                 58,028,000 52,922,000 43,585,000
General and administrative expenses                 136,463,000 121,163,000 110,051,000
Depreciation and amortization                 13,279,000 12,784,000 13,510,000
Operating income (loss) 23,452,000 15,088,000 5,617,000 11,532,000 22,079,000 8,472,000 311,000 (3,601,000) 55,689,000 27,261,000 (62,058,000)
Equity in income (loss) of unconsolidated entities                 6,545,000 (113,000) 304,000
Loss on extinguishment of debt 0 (19,764,000) (153,000) 0 (998,000) 0 (3,638,000) 0 (19,917,000) (4,636,000) (45,097,000)
Other expense, net                 (49,191,000) (58,165,000) (69,119,000)
Loss from continuing operations before income taxes                 (6,874,000) (35,653,000) (175,970,000)
Benefit from income taxes                 (41,797,000) (3,489,000) (40,347,000)
Equity in income of subsidiaries                 0 0 0
Income (loss) from continuing operations 60,288,000 [2] (13,193,000) [2] (8,224,000) [2] (3,948,000) [2] 11,328,000 [2] (5,442,000) [2] (19,111,000) [2] (18,939,000) [2] 34,923,000 (32,164,000) (135,623,000)
Loss from discontinued operations, net of tax                 (540,000) (1,704,000) (9,703,000)
Equity in loss of subsidiaries                 0 0 0
Net income (loss)                 34,383,000 (33,868,000) (145,326,000)
Unrealized loss related to available-for-sale securities                 (1,276,000) 0 0
Comprehensive income (loss)                 33,107,000 (33,868,000) (145,326,000)
Beazer Homes USA, Inc.
                     
Condensed Financial Statements, Captions [Line Items]                      
Total revenue                 0 0 0
Home construction and land sales expenses                 39,255,000 41,246,000 60,952,000
Inventory impairments and option contract abandonments                 245,000 0 275,000
Gross profit                 (39,500,000) (41,246,000) (61,227,000)
Commissions                 0 0 0
General and administrative expenses                 0 0 0
Depreciation and amortization                 0 0 0
Operating income (loss)                 (39,500,000) (41,246,000) (61,227,000)
Equity in income (loss) of unconsolidated entities                 0 0 0
Loss on extinguishment of debt                 (19,917,000) (4,636,000) (45,097,000)
Other expense, net                 (50,786,000) (59,458,000) (71,474,000)
Loss from continuing operations before income taxes                 (110,203,000) (105,340,000) (177,798,000)
Benefit from income taxes                 (14,247,000) (10,765,000) (68,026,000)
Equity in income of subsidiaries                 130,879,000 62,411,000 (25,851,000)
Income (loss) from continuing operations                 34,923,000 (32,164,000) (135,623,000)
Loss from discontinued operations, net of tax                 0 0 0
Equity in loss of subsidiaries                 (540,000) (1,704,000) (9,703,000)
Net income (loss)                 34,383,000 (33,868,000) (145,326,000)
Unrealized loss related to available-for-sale securities                 (1,276,000)    
Comprehensive income (loss)                 33,107,000 (33,868,000) (145,326,000)
Guarantor Subsidiaries
                     
Condensed Financial Statements, Captions [Line Items]                      
Total revenue                 1,463,767,000 1,287,577,000 1,005,677,000
Home construction and land sales expenses                 1,153,125,000 1,030,304,000 828,368,000
Inventory impairments and option contract abandonments                 8,062,000 2,633,000 11,935,000
Gross profit                 302,580,000 254,640,000 165,374,000
Commissions                 58,028,000 52,922,000 43,585,000
General and administrative expenses                 136,349,000 121,035,000 109,937,000
Depreciation and amortization                 13,279,000 12,784,000 13,510,000
Operating income (loss)                 94,924,000 67,899,000 (1,658,000)
Equity in income (loss) of unconsolidated entities                 6,545,000 (113,000) 304,000
Loss on extinguishment of debt                 0 0 0
Other expense, net                 1,600,000 1,278,000 2,328,000
Loss from continuing operations before income taxes                 103,069,000 69,064,000 974,000
Benefit from income taxes                 (27,642,000) 7,058,000 27,380,000
Equity in income of subsidiaries                 0 0 0
Income (loss) from continuing operations                 130,711,000 62,006,000 (26,406,000)
Loss from discontinued operations, net of tax                 (532,000) (1,736,000) (9,695,000)
Equity in loss of subsidiaries                 0 0 0
Net income (loss)                 130,179,000 60,270,000 (36,101,000)
Unrealized loss related to available-for-sale securities                 0    
Comprehensive income (loss)                 130,179,000 60,270,000 (36,101,000)
Non-Guarantor Subsidiaries
                     
Condensed Financial Statements, Captions [Line Items]                      
Total revenue                 379,000 736,000 941,000
Home construction and land sales expenses                 0 0 0
Inventory impairments and option contract abandonments                 0 0 0
Gross profit                 379,000 736,000 941,000
Commissions                 0 0 0
General and administrative expenses                 114,000 128,000 114,000
Depreciation and amortization                 0 0 0
Operating income (loss)                 265,000 608,000 827,000
Equity in income (loss) of unconsolidated entities                 0 0 0
Loss on extinguishment of debt                 0 0 0
Other expense, net                 (5,000) 15,000 27,000
Loss from continuing operations before income taxes                 260,000 623,000 854,000
Benefit from income taxes                 92,000 218,000 299,000
Equity in income of subsidiaries                 0 0 0
Income (loss) from continuing operations                 168,000 405,000 555,000
Loss from discontinued operations, net of tax                 (8,000) 32,000 (8,000)
Equity in loss of subsidiaries                 0 0 0
Net income (loss)                 160,000 437,000 547,000
Unrealized loss related to available-for-sale securities                 0    
Comprehensive income (loss)                 160,000 437,000 547,000
Consolidating Adjustments
                     
Condensed Financial Statements, Captions [Line Items]                      
Total revenue                 (379,000) (736,000) (941,000)
Home construction and land sales expenses                 (379,000) (736,000) (941,000)
Inventory impairments and option contract abandonments                 0 0 0
Gross profit                 0 0 0
Commissions                 0 0 0
General and administrative expenses                 0 0 0
Depreciation and amortization                 0 0 0
Operating income (loss)                 0 0 0
Equity in income (loss) of unconsolidated entities                 0 0 0
Loss on extinguishment of debt                 0 0 0
Other expense, net                 0 0 0
Loss from continuing operations before income taxes                 0 0 0
Benefit from income taxes                 0 0 0
Equity in income of subsidiaries                 (130,879,000) (62,411,000) 25,851,000
Income (loss) from continuing operations                 (130,879,000) (62,411,000) 25,851,000
Loss from discontinued operations, net of tax                 0 0 0
Equity in loss of subsidiaries                 540,000 1,704,000 9,703,000
Net income (loss)                 (130,339,000) (60,707,000) 35,554,000
Unrealized loss related to available-for-sale securities                 0    
Comprehensive income (loss)                 $ (130,339,000) $ (60,707,000) $ 35,554,000
[1] (a)Gross profit in fiscal 2014 and 2013 includes inventory impairment and option contract abandonments as follows:(In thousands) Fiscal 2014 Fiscal 20131st Quarter $31 $2042nd Quarter 880 2,0253rd Quarter 2,010 —4th Quarter 5,386 404 $8,307 $2,633
[2] Net (loss) income from continuing operations in fiscal 2014 and 2013 includes loss on extinguishment of debt (as follows). (In thousands) Fiscal 2014 Fiscal 20131st Quarter $— $—2nd Quarter (153) (3,638)3rd Quarter (19,764) —4th Quarter — (998) $(19,917) $(4,636)