$FOR
Forestar Group Inc. Stock $for

$for Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000140658723000010 Filed on January 25, 2023

Income Statement

Concept	2023 Q1	2022 Q4
Revenue	$301.5M	$216.7M
YoY Change	-28.49%	-46.84%
Cost Of Revenue	$245.6M	$169.2M
YoY Change	-26.49%	-49.37%
Gross Profit	$55.90M	$47.50M
YoY Change	-36.11%	-35.29%
Gross Profit Margin	18.54%	21.92%
Selling, General & Admin	$22.00M	$22.90M
YoY Change	-9.47%	6.51%
% of Gross Profit	39.36%	48.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$800.0K	$700.0K
YoY Change	60.0%	-12.5%
% of Gross Profit	1.43%	1.47%
Operating Expenses	$22.00M	$22.90M
YoY Change	-9.47%	6.51%
Operating Profit	$33.90M	$24.60M
YoY Change	-46.36%	-52.6%
Interest Expense	$2.000M	$1.700M
YoY Change		54.55%
% of Operating Profit	5.9%	6.91%
Other Income/Expense, Net
YoY Change
Pretax Income	$35.90M	$27.90M
YoY Change	-43.2%	-47.85%
Income Tax	$9.000M	$7.100M
% Of Pretax Income	25.07%	25.45%
Net Earnings	$26.90M	$20.80M
YoY Change	-43.72%	-48.64%
Net Earnings / Revenue	8.92%	9.6%
Basic Earnings Per Share	$0.54	$0.42
Diluted Earnings Per Share	$0.54	$0.42
COMMON SHARES
Basic Shares Outstanding	49.77M shares	49.77M shares
Diluted Shares Outstanding	50.01M shares	49.90M shares

Balance Sheet

Concept	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$286.7M	$216.4M
YoY Change	22.68%	33.17%
Cash & Equivalents	$286.7M	$216.4M
Short-Term Investments
Other Short-Term Assets	$16.80M	$18.10M
YoY Change	64.71%	44.8%
Inventory
Prepaid Expenses
Receivables	$19.10M	$13.90M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$286.7M	$248.4M
YoY Change	17.4%	40.26%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.994B	$5.600M
YoY Change	39772.0%	33.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$500.0K	$500.0K
YoY Change	0.0%	0.0%
Other Assets
YoY Change
Total Long-Term Assets	$2.050B	$2.093B
YoY Change	3.13%	5.4%
TOTAL ASSETS
Total Short-Term Assets	$286.7M	$248.4M
Total Long-Term Assets	$2.050B	$2.093B
Total Assets	$2.336B	$2.341B
YoY Change	4.69%	8.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$67.70M	$73.00M
YoY Change	21.76%	36.45%
Accrued Expenses	$147.2M	$121.9M
YoY Change	-6.84%	-17.64%
Deferred Revenue	$11.40M	$14.10M
YoY Change	-35.59%	281.08%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$345.0M	$359.8M
YoY Change	-6.81%	-0.96%
LONG-TERM LIABILITIES
Long-Term Debt	$706.8M	$706.4M
YoY Change	0.21%	0.21%
Other Long-Term Liabilities	$18.40M	$19.60M
YoY Change	-28.4%	67.52%
Total Long-Term Liabilities	$706.8M	$726.0M
YoY Change	-3.31%	1.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$345.0M	$359.8M
Total Long-Term Liabilities	$706.8M	$726.0M
Total Liabilities	$1.089B	$1.121B
YoY Change	-3.18%	1.49%
SHAREHOLDERS EQUITY
Retained Earnings	$555.6M	$528.7M
YoY Change	33.11%	43.05%
Common Stock	$692.2M	$690.9M
YoY Change	0.46%	0.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.248B	$1.220B
YoY Change
Total Liabilities & Shareholders Equity	$2.336B	$2.341B
YoY Change	4.69%	8.26%

Cashflow Statement

Concept	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$26.90M	$20.80M
YoY Change	-43.72%	-48.64%
Depreciation, Depletion And Amortization	$800.0K	$700.0K
YoY Change	60.0%	-12.5%
Cash From Operating Activities	$71.10M	-$49.80M
YoY Change	0.42%	-958.62%
INVESTING ACTIVITIES
Capital Expenditures	$200.0K	$100.0K
YoY Change	-120.0%	-93.33%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$1.600M
YoY Change		-65.96%
Cash From Investing Activities	-$200.0K	$1.500M
YoY Change	-80.0%	-53.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-600.0K	-$100.0K
YoY Change	-142.86%	0.0%
NET CHANGE
Cash From Operating Activities	71.10M	-$49.80M
Cash From Investing Activities	-200.0K	$1.500M
Cash From Financing Activities	-600.0K	-$100.0K
Net Change In Cash	70.30M	-$48.40M
YoY Change	-1.26%	-643.82%
FREE CASH FLOW
Cash From Operating Activities	$71.10M	-$49.80M
Capital Expenditures	$200.0K	$100.0K
Free Cash Flow	$70.90M	-$49.90M
YoY Change	-1.25%	-1260.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2022Q4	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001406587
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2022Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2022Q3	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2022Q4	dei	Document Type DocumentType	10-Q
CY2022Q4	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q4	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022Q4	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q4	dei	Entity File Number EntityFileNumber	001-33662
CY2022Q4	dei	Entity Registrant Name EntityRegistrantName	FORESTAR GROUP INC.
CY2022Q4	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2022Q4	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	26-1336998
CY2022Q4	dei	Entity Address Address Line1 EntityAddressAddressLine1	2221 E. Lamar Blvd.
CY2022Q4	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 790
CY2022Q4	dei	Entity Address City Or Town EntityAddressCityOrTown	Arlington
CY2022Q4	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2022Q4	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	76006
CY2022Q4	dei	City Area Code CityAreaCode	817
CY2022Q4	dei	Local Phone Number LocalPhoneNumber	769-1860
CY2022Q4	dei	Security12b Title Security12bTitle	Common Stock, par value $1.00 per share
CY2022Q4	dei	Trading Symbol TradingSymbol	FOR
CY2022Q4	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q4	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q4	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2022Q4	dei	Entity Small Business EntitySmallBusiness	false
CY2022Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q4	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	49772555	shares
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	216400000	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	264800000	usd
CY2022Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	2067700000	usd
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
CY2022Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	2022400000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	500000	usd
CY2022Q3	us-gaap	Equity Method Investments EquityMethodInvestments	500000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5600000	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5700000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	50900000	usd
CY2022Q3	us-gaap	Other Assets OtherAssets	49600000	usd
CY2022Q4	us-gaap	Assets Assets	2341100000	usd
CY2022Q3	us-gaap	Assets Assets	2343000000	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	73000000.0	usd
CY2022Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	72200000	usd
CY2022Q4	for	Accrued Development Costs AccruedDevelopmentCosts	98000000.0	usd
CY2022Q3	for	Accrued Development Costs AccruedDevelopmentCosts	122300000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	147800000	usd
CY2022Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	136200000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	34700000	usd
CY2022Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	36900000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	60600000	usd
CY2022Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	70100000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	706400000	usd
CY2022Q3	us-gaap	Long Term Debt LongTermDebt	706000000.0	usd
CY2022Q4	us-gaap	Liabilities Liabilities	1120500000	usd
CY2022Q3	us-gaap	Liabilities Liabilities	1143700000	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	49772555	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	49761480	shares
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	49800000	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	49800000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	641100000	usd
CY2022Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	640600000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	528700000	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	507900000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1219600000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	1198300000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	1000000.0	usd
CY2022Q3	us-gaap	Minority Interest MinorityInterest	1000000.0	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1220600000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1199300000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2341100000	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2343000000	usd
CY2022Q4	us-gaap	Revenues Revenues	216700000	usd
CY2021Q4	us-gaap	Revenues Revenues	407600000	usd
CY2022Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	169200000	usd
CY2021Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	334200000	usd
CY2022Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	22900000	usd
CY2021Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	21500000	usd
CY2022Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2021Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1100000	usd
CY2022Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1600000	usd
CY2021Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	500000	usd
CY2022Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	1700000	usd
CY2021Q4	us-gaap	Interest And Other Income InterestAndOtherIncome	0	usd
CY2022Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27900000	usd
CY2021Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	53500000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7100000	usd
CY2021Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13000000.0	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	20800000	usd
CY2021Q4	us-gaap	Profit Loss ProfitLoss	40500000	usd
CY2022Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2021Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	20800000	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	40500000	usd
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49900000	shares
CY2021Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49700000	shares
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49900000	shares
CY2021Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49700000	shares
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1199300000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	20800000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2022Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2022Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	600000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1220600000	usd
CY2021Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1015900000	usd
CY2021Q4	us-gaap	Profit Loss ProfitLoss	40500000	usd
CY2021Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	84547	shares
CY2021Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1700000	usd
CY2021Q4	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2021Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2021Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	400000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1058400000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	20800000	usd
CY2021Q4	us-gaap	Profit Loss ProfitLoss	40500000	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	700000	usd
CY2021Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	800000	usd
CY2022Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	2200000	usd
CY2021Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	200000	usd
CY2022Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	usd
CY2021Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1100000	usd
CY2022Q4	us-gaap	Share Based Compensation ShareBasedCompensation	600000	usd
CY2021Q4	us-gaap	Share Based Compensation ShareBasedCompensation	400000	usd
CY2022Q4	us-gaap	Production Related Impairments Or Charges ProductionRelatedImpairmentsOrCharges	2400000	usd
CY2021Q4	us-gaap	Production Related Impairments Or Charges ProductionRelatedImpairmentsOrCharges	600000	usd
CY2022Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1600000	usd
CY2021Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	500000	usd
CY2022Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	49900000	usd
CY2021Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	55500000	usd
CY2022Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1800000	usd
CY2021Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2600000	usd
CY2022Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-8600000	usd
CY2021Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	12200000	usd
CY2022Q4	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-24300000	usd
CY2021Q4	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	12200000	usd
CY2022Q4	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	10500000	usd
CY2021Q4	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-6200000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-49800000	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5800000	usd
CY2022Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	100000	usd
CY2021Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1500000	usd
CY2022Q4	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	usd
CY2021Q4	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1500000	usd
CY2022Q4	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	1600000	usd
CY2021Q4	us-gaap	Proceeds From Sales Of Assets Investing Activities ProceedsFromSalesOfAssetsInvestingActivities	3200000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1500000	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	3200000	usd
CY2022Q4	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2021Q4	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-100000	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-100000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-48400000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8900000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	264800000	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	153600000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	216400000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	162500000	usd
CY2022Q4	us-gaap	Stock Issued1 StockIssued1	0	usd
CY2021Q4	us-gaap	Stock Issued1 StockIssued1	1700000	usd
CY2022Q4	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:22.5pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</span></div>
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2022Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	2067700000	usd
CY2022Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	2022400000	usd
CY2022Q4	us-gaap	Payments To Acquire Residential Real Estate PaymentsToAcquireResidentialRealEstate	31800000	usd
CY2022Q4	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	205600000	usd
CY2022Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2021Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q4	for	Due Diligence Write Offs DueDiligenceWriteOffs	2400000	usd
CY2021Q4	for	Due Diligence Write Offs DueDiligenceWriteOffs	600000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	6700000	usd
CY2021Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	0	usd
CY2022Q4	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	3300000	usd
CY2021Q4	us-gaap	Other Revenue Expense From Real Estate Operations OtherRevenueExpenseFromRealEstateOperations	3500000	usd
CY2022Q4	us-gaap	Revenues Revenues	216700000	usd
CY2021Q4	us-gaap	Revenues Revenues	407600000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	6700000	usd
CY2022Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	52500000	usd
CY2021Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	53700000	usd
CY2022Q4	us-gaap	Interest Costs Incurred InterestCostsIncurred	8200000	usd
CY2021Q4	us-gaap	Interest Costs Incurred InterestCostsIncurred	8200000	usd
CY2022Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	5000000.0	usd
CY2021Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	9000000.0	usd
CY2022Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	55700000	usd
CY2021Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	52900000	usd
CY2022Q4	us-gaap	Notes Receivable Related Parties NotesReceivableRelatedParties	13900000	usd
CY2022Q3	us-gaap	Notes Receivable Related Parties NotesReceivableRelatedParties	11400000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7300000	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7500000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18100000	usd
CY2022Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18900000	usd
CY2022Q4	us-gaap	Deposits Assets DepositsAssets	8200000	usd
CY2022Q3	us-gaap	Deposits Assets DepositsAssets	10000000.0	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	3400000	usd
CY2022Q3	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1800000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	50900000	usd
CY2022Q3	us-gaap	Other Assets OtherAssets	49600000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	3900000	usd
CY2022Q3	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	11600000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	800000	usd
CY2022Q3	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	6200000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	7900000	usd
CY2022Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	8100000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	6500000	usd
CY2022Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	8000000.0	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	14100000	usd
CY2022Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	16100000	usd
CY2022Q4	us-gaap	Deferred Revenue DeferredRevenue	4100000	usd
CY2022Q3	us-gaap	Deferred Revenue DeferredRevenue	4100000	usd
CY2022Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	17100000	usd
CY2022Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	8200000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	4800000	usd
CY2022Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	6800000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	1400000	usd
CY2022Q3	us-gaap	Other Liabilities OtherLiabilities	1000000.0	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	60600000	usd
CY2022Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	70100000	usd
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2022Q4	for	At The Market Equity Offering Program Common Stock Issued AtTheMarketEquityOfferingProgramCommonStockIssued	0	shares
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q3	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	706400000	usd
CY2022Q3	us-gaap	Long Term Debt LongTermDebt	706000000.0	usd
CY2022Q4	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	410000000	usd
CY2022Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	600000000	usd
CY2022Q4	for	Letterof Credit Maximum Borrowing Capacity LetterofCreditMaximumBorrowingCapacity	100000000	usd
CY2022Q4	for	Letterof Credit Maximum Borrowing Capacity Percentageof Revolving Credit Commitment LetterofCreditMaximumBorrowingCapacityPercentageofRevolvingCreditCommitment	0.50
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	43800000	usd
CY2022Q4	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	366200000	usd
CY2020Q2	for	Debt Repurchase Program Authorized Amount DebtRepurchaseProgramAuthorizedAmount	30000000	usd
CY2022Q4	for	Debt Repurchase Program Authorized Amount DebtRepurchaseProgramAuthorizedAmount	30000000	usd
CY2021Q4	for	At The Market Equity Offering Program Common Stock Available For Issuance AtTheMarketEquityOfferingProgramCommonStockAvailableForIssuance	300000000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	20800000	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	40500000	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49890481	shares
CY2021Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49683369	shares
CY2022Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	8541	shares
CY2021Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	49500	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49899022	shares
CY2021Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49732869	shares
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7100000	usd
CY2021Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13000000	usd
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.254
CY2021Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.243
CY2022Q4	for	Deferred Income Tax Liabilities Net Of Deferred Income Tax Assets DeferredIncomeTaxLiabilitiesNetOfDeferredIncomeTaxAssets	-33700000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1000000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	34700000	usd
CY2022Q3	for	Deferred Income Tax Liabilities Net Of Deferred Income Tax Assets DeferredIncomeTaxLiabilitiesNetOfDeferredIncomeTaxAssets	-35900000	usd
CY2022Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1000000	usd
CY2022Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	36900000	usd
CY2021Q4	for	Equity Securities Registered Value EquitySecuritiesRegisteredValue	750000000	usd
CY2022Q4	for	Common Stock Availablefor Issuance Value Remaining CommonStockAvailableforIssuanceValueRemaining	748200000	usd
CY2022Q4	for	At The Market Equity Offering Program Common Stock Available For Issuance AtTheMarketEquityOfferingProgramCommonStockAvailableForIssuance	298200000	usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	0	shares
CY2022Q4	us-gaap	Share Based Compensation ShareBasedCompensation	600000	usd
CY2021Q4	us-gaap	Share Based Compensation ShareBasedCompensation	400000	usd
CY2022Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	43800000	usd
CY2022Q4	us-gaap	Special Assessment Bond SpecialAssessmentBond	645100000	usd
CY2022Q4	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	61500	lot
CY2022Q3	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	61800	lot
CY2022Q4	for	Numberof Lots Sold NumberofLotsSold	2263	lot
CY2021Q4	for	Numberof Lots Sold NumberofLotsSold	4516	lot
CY2022Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	2200000	usd
CY2022Q3	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	3200000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	216400000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	706400000	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	264800000	usd
CY2022Q3	us-gaap	Long Term Debt LongTermDebt	706000000.0	usd

Files In Submission

Name	View Source	Status
0001406587-23-000010-index-headers.html	Edgar Link	pending
0001406587-23-000010-index.html	Edgar Link	pending
0001406587-23-000010.txt	Edgar Link	pending
0001406587-23-000010-xbrl.zip	Edgar Link	pending
exhibit311.htm	Edgar Link	pending
exhibit312.htm	Edgar Link	pending
exhibit321.htm	Edgar Link	pending
exhibit322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
for-20221231.htm	Edgar Link	pending
for-20221231.xsd	Edgar Link	pending
for-20221231_g1.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
for-20221231_def.xml	Edgar Link	unprocessable
for-20221231_cal.xml	Edgar Link	unprocessable
for-20221231_pre.xml	Edgar Link	unprocessable
for-20221231_htm.xml	Edgar Link	completed
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
for-20221231_lab.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$FOR
Forestar Group Inc. Stock $for

2023 Q1 Form 10-Q Financial Statement

#000140658723000010 Filed on January 25, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FOR Forestar Group Inc. Stock $for

2023 Q1 Form 10-Q Financial Statement

#000140658723000010 Filed on January 25, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FOR
Forestar Group Inc. Stock $for