XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Total revenue $ 428,539 $ 417,804
Home construction and land sales expenses 352,781 354,667
Inventory impairments and abandonments 465 0
Gross profit 75,293 63,137
Commissions 16,507 16,065
General and administrative expenses 37,976 39,699
Depreciation and amortization 3,122 3,427
Operating income 17,688 3,946
Equity in loss of unconsolidated entities (75) (13)
Other expense, net (1,452) (1,340)
Income from continuing operations before income taxes 16,161 2,593
Expense (benefit) from income taxes 4,125 (211)
Income from continuing operations 12,036 2,804
Loss from discontinued operations, net of tax (39) (58)
Net income $ 11,997 $ 2,746
Weighted average number of shares:    
Basic (in shares) 29,771 29,746
Diluted (in shares) 30,086 30,138
Basic income (loss) per share:    
Continuing Operations (in dollars per share) $ 0.40 $ 0.09
Discontinued operations (in dollars per share) 0 0
Total (in dollars per share) 0.40 0.09
Diluted income (loss) per share:    
Continuing operations (in dollars per share) 0.40 0.09
Discontinued operations (in dollars per share) 0 0
Total (in dollars per share) $ 0.40 $ 0.09