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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]      
Total revenue $ 1,916,278 $ 1,822,114 $ 1,627,413
Home construction and land sales expenses 1,600,969 1,509,625 1,351,860
Inventory impairments and abandonments 2,445 15,282 3,109
Gross profit 312,864 297,207 272,444
Commissions 74,811 70,460 65,023
General and administrative expenses 161,906 153,628 142,496
Depreciation and amortization 14,009 13,794 13,338
Operating income 62,138 59,325 51,587
Equity in income of unconsolidated entities 371 131 536
Loss on extinguishment of debt (12,630) (13,423) (80)
Other expense, net (15,230) (24,330) (30,013)
Income from continuing operations before income taxes 34,649 21,703 22,030
Expense (benefit) from income taxes 2,696 16,498 (324,569)
Income from continuing operations 31,953 5,205 346,599
Loss from discontinued operations, net of tax (140) (512) (2,505)
Net income $ 31,813 $ 4,693 $ 344,094
Weighted average number of shares:      
Basic (in shares) 31,952 31,798 27,628
Diluted (in shares) 32,426 31,803 31,772
Basic income (loss) per share:      
Continuing operations (in dollars per share) $ 1.00 $ 0.16 $ 12.54
Discontinued operations (in dollars per share) 0.00 (0.01) (0.09)
Total (in dollars per share) 1.00 0.15 12.45
Continuing operations (in dollars per share) 0.99 0.16 10.91
Discontinued operations (in dollars per share) 0.00 (0.01) (0.08)
Total (in dollars per share) $ 0.99 $ 0.15 $ 10.83
Net income $ 31,813 $ 4,693 $ 344,094
Other comprehensive income (loss), net of income tax:      
Change in unrealized loss related to available-for-sale securities 0 0 1,276
Total Comprehensive Income $ 31,813 $ 4,693 $ 345,370