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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Total revenue $ 526,666 $ 570,932 $ 1,489,321 $ 1,549,360
Home construction and land sales expenses 394,201 455,178 1,138,771 1,259,922
Inventory impairments and abandonments 0 231 935 696
Gross profit 132,465 115,523 349,615 288,742
Commissions 16,277 20,955 48,668 58,346
General and administrative expenses 45,760 42,186 129,057 119,903
Depreciation and amortization 3,189 3,689 9,101 10,494
Operating income 67,239 48,693 162,789 99,999
Equity in income of unconsolidated entities 3 313 454 424
Gain (loss) on extinguishment of debt, net 86 (1,050) (78) (1,613)
Other income (expense), net 134 (10) 405 (2,356)
Income from continuing operations before income taxes 67,462 47,946 163,570 96,454
Expense from income taxes 13,150 10,804 29,685 22,633
Income from continuing operations 54,312 37,142 133,885 73,821
Income (loss) from discontinued operations, net of tax 12 (7) (4) (161)
Net income $ 54,324 $ 37,135 $ 133,881 $ 73,660
Weighted-average number of shares:        
Basic (in shares) 30,512 30,022 30,480 29,915
Diluted (in shares) 30,872 30,562 30,806 30,292
Basic income (loss) per share:        
Continuing operations (in USD per share) $ 1.78 $ 1.24 $ 4.39 $ 2.47
Discontinued operations (in USD per share) 0 0 0 (0.01)
Total (in USD per share) 1.78 1.24 4.39 2.46
Diluted income (loss) per share:        
Continuing operations (in USD per share) 1.76 1.22 4.35 2.44
Discontinued operations (in USD per share) 0 0 0 (0.01)
Total (in USD per share) $ 1.76 $ 1.22 $ 4.35 $ 2.43