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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Total revenue $ 533,112 $ 482,738 $ 1,440,329 $ 1,306,038
Home construction and land sales expenses 441,788 410,974 1,207,023 1,107,681
Inventory impairments and abandonments 2,266 0 2,266 148,618
Gross profit 89,058 71,764 231,040 49,739
Commissions 20,851 18,230 55,660 49,965
General and administrative expenses 41,276 40,749 121,025 116,763
Depreciation and amortization 3,780 3,242 10,834 8,912
Operating income (loss) 23,151 9,543 43,521 (125,901)
Equity in income of unconsolidated entities 4 299 138 316
Gain on extinguishment of debt 0 358 0 574
Other expense, net (2,904) (755) (6,030) (1,134)
Income (loss) from continuing operations before income taxes 20,251 9,445 37,629 (126,145)
Expense (benefit) from income taxes 4,981 (2,180) 8,940 (44,260)
Income (loss) from continuing operations 15,270 11,625 28,689 (81,885)
Loss from discontinued operations, net of tax (82) (23) (141) (64)
Net income (loss) $ 15,188 $ 11,602 $ 28,548 $ (81,949)
Weighted average number of shares:        
Basic (in shares) 29,597 30,250 29,738 30,926
Diluted (in shares) 29,674 30,489 30,014 30,926
Basic income (loss) per share:        
Continuing Operations (in dollars per share) $ 0.51 $ 0.38 $ 0.96 $ (2.65)
Discontinued operations (in dollars per share) 0 0 0 0
Total (in dollars per share) 0.51 0.38 0.96 (2.65)
Diluted income (loss) per share:        
Continuing operations (in dollars per share) 0.51 0.38 0.95 (2.65)
Discontinued operations (in dollars per share) 0 0 0 0
Total (in dollars per share) $ 0.51 $ 0.38 $ 0.95 $ (2.65)