2024 Q4 Form 10-K Financial Statement

#000140658724000118 Filed on November 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $551.4M $1.509B
YoY Change 0.29% 5.05%
Cost Of Revenue $419.5M $1.150B
YoY Change -3.36% 1.53%
Gross Profit $131.9M $359.3M
YoY Change 14.0% 18.15%
Gross Profit Margin 23.92% 23.8%
Selling, General & Admin $32.00M $118.5M
YoY Change 21.21% 21.29%
% of Gross Profit 24.26% 32.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $700.0K $3.000M
YoY Change 0.0% 0.0%
% of Gross Profit 0.53% 0.83%
Operating Expenses $32.00M $118.5M
YoY Change 21.21% 21.29%
Operating Profit $99.90M $240.8M
YoY Change 11.87% 16.67%
Interest Expense $4.100M $19.80M
YoY Change -32.79% 45.59%
% of Operating Profit 4.1% 8.22%
Other Income/Expense, Net
YoY Change
Pretax Income $108.5M $270.1M
YoY Change 13.73% 21.89%
Income Tax $26.90M $66.70M
% Of Pretax Income 24.79% 24.69%
Net Earnings $81.60M $203.4M
YoY Change 12.71% 21.87%
Net Earnings / Revenue 14.8% 13.48%
Basic Earnings Per Share $4.03
Diluted Earnings Per Share $1.60 $4.00
COMMON SHARES
Basic Shares Outstanding 50.67M shares 50.65M shares 50.43M shares
Diluted Shares Outstanding 50.79M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $481.2M $481.2M
YoY Change -21.88% -21.88%
Cash & Equivalents $481.2M $481.2M
Short-Term Investments
Other Short-Term Assets $13.20M $13.20M
YoY Change -15.92% -15.92%
Inventory
Prepaid Expenses
Receivables $37.30M $37.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $481.2M $481.2M
YoY Change -26.8% -26.8%
LONG-TERM ASSETS
Property, Plant & Equipment $2.273B $2.273B
YoY Change 38430.51% 26.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $300.0K $300.0K
YoY Change -40.0% -40.0%
Other Assets
YoY Change
Total Long-Term Assets $2.359B $2.359B
YoY Change 30.09% 30.09%
TOTAL ASSETS
Total Short-Term Assets $481.2M $481.2M
Total Long-Term Assets $2.359B $2.359B
Total Assets $2.840B $2.840B
YoY Change 14.95% 14.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $85.90M $85.90M
YoY Change 25.58% 25.58%
Accrued Expenses $212.9M $212.9M
YoY Change 48.78% 48.78%
Deferred Revenue $2.700M
YoY Change -73.0%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $471.1M $471.1M
YoY Change 39.67% 39.67%
LONG-TERM LIABILITIES
Long-Term Debt $706.4M $706.4M
YoY Change 1.64% 1.64%
Other Long-Term Liabilities $12.50M $12.50M
YoY Change -29.78% -29.78%
Total Long-Term Liabilities $706.4M $706.4M
YoY Change -0.9% -0.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $471.1M $471.1M
Total Long-Term Liabilities $706.4M $706.4M
Total Liabilities $1.246B $1.246B
YoY Change 13.19% 13.09%
SHAREHOLDERS EQUITY
Retained Earnings $878.2M
YoY Change 30.14%
Common Stock $715.9M
YoY Change 3.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.594B $1.594B
YoY Change
Total Liabilities & Shareholders Equity $2.840B $2.840B
YoY Change 14.95% 14.95%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income $81.60M $203.4M
YoY Change 12.71% 21.87%
Depreciation, Depletion And Amortization $700.0K $3.000M
YoY Change 0.0% 0.0%
Cash From Operating Activities $119.2M -$158.4M
YoY Change -47.7% -143.5%
INVESTING ACTIVITIES
Capital Expenditures $800.0K $2.200M
YoY Change 60.0% 69.23%
Acquisitions
YoY Change
Other Investing Activities $4.400M $9.500M
YoY Change 493.75%
Cash From Investing Activities $3.600M $7.300M
YoY Change -820.0% 2333.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -800.0K $16.30M
YoY Change -93.55% -223.48%
NET CHANGE
Cash From Operating Activities 119.2M -$158.4M
Cash From Investing Activities 3.600M $7.300M
Cash From Financing Activities -800.0K $16.30M
Net Change In Cash 122.0M -$134.8M
YoY Change -43.26% -138.38%
FREE CASH FLOW
Cash From Operating Activities $119.2M -$158.4M
Capital Expenditures $800.0K $2.200M
Free Cash Flow $118.4M -$160.6M
YoY Change -47.93% -144.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024 us-gaap Interest And Other Income
InterestAndOtherIncome
19800000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
270100000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
221600000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54700000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000000.0 usd
CY2024 dei Document Annual Report
DocumentAnnualReport
true
CY2024 dei Entity Small Business
EntitySmallBusiness
false
CY2024 dei Document Type
DocumentType
10-K
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66700000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.34
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49800000 shares
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264800000 usd
CY2022 us-gaap Notes Issued1
NotesIssued1
0 usd
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.03
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50400000 shares
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.00
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.33
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50800000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50100000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49800000 shares
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2024 dei Amendment Flag
AmendmentFlag
false
CY2024 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2024 dei Entity Central Index Key
EntityCentralIndexKey
0001406587
CY2024Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssets
CY2023Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssets
CY2024Q3 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2023Q3 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
CY2024 dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
CY2024 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2024 dei Document Transition Report
DocumentTransitionReport
false
CY2024 dei Entity File Number
EntityFileNumber
001-33662
CY2024 dei Entity Registrant Name
EntityRegistrantName
Forestar Group Inc.
CY2024 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2024 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-1336998
CY2024 dei Entity Address Address Line1
EntityAddressAddressLine1
2221 E. Lamar Blvd.
CY2024 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 790
CY2024 dei Entity Address City Or Town
EntityAddressCityOrTown
Arlington
CY2024 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2024 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
76006
CY2024 dei City Area Code
CityAreaCode
817
CY2024 dei Local Phone Number
LocalPhoneNumber
769-1860
CY2024 dei Security12b Title
Security12bTitle
Common Stock, par value $1.00 per share
CY2024 dei Trading Symbol
TradingSymbol
FOR
CY2024 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2024 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2024 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2024 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2024 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2024 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2024 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2024 dei Entity Shell Company
EntityShellCompany
false
CY2024Q1 dei Entity Public Float
EntityPublicFloat
761000000 usd
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
50669946 shares
CY2024 dei Auditor Firm
AuditorFirmId
42
CY2024 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2024 dei Auditor Location
AuditorLocation
Fort Worth, Texas
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
481200000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
616000000.0 usd
CY2024Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
2266200000 usd
CY2023Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1790300000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
300000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
500000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7100000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5900000 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
85300000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
58000000.0 usd
CY2024Q3 us-gaap Assets
Assets
2840100000 usd
CY2023Q3 us-gaap Assets
Assets
2470700000 usd
CY2024Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
85900000 usd
CY2023Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
68400000 usd
CY2024Q3 for Accrued Development Costs
AccruedDevelopmentCosts
144600000 usd
CY2023Q3 for Accrued Development Costs
AccruedDevelopmentCosts
104100000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
172300000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
121400000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
67500000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
50700000 usd
CY2024Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
68300000 usd
CY2023Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
61200000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
706400000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
695000000.0 usd
CY2024Q3 us-gaap Liabilities
Liabilities
1245000000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
1100800000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
50653637 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50653637 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
49903713 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
49903713 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
50700000 usd
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
49900000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
665200000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
644200000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
878200000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
674800000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
1594100000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1368900000 usd
CY2024Q3 us-gaap Minority Interest
MinorityInterest
1000000.0 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
1000000.0 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1595100000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1369900000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2840100000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2470700000 usd
CY2024 us-gaap Revenues
Revenues
1509400000 usd
CY2023 us-gaap Revenues
Revenues
1436900000 usd
CY2022 us-gaap Revenues
Revenues
1519100000 usd
CY2024 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1150100000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1132800000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1195100000 usd
CY2024 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
118500000 usd
CY2023 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
97700000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
93600000 usd
CY2024 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1200000 usd
CY2024 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
9500000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1600000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3200000 usd
CY2023 us-gaap Interest And Other Income
InterestAndOtherIncome
13600000 usd
CY2022 us-gaap Interest And Other Income
InterestAndOtherIncome
1000000.0 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
235800000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
203400000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178800000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50000000.0 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1015900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178800000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1700000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
100000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
500000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3300000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1199300000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166900000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
100000 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
700000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4300000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1369900000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
203400000 usd
CY2024 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
19700000 usd
CY2024 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
200000 usd
CY2024 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3400000 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5300000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1595100000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
203400000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178800000 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3000000.0 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3000000.0 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2700000 usd
CY2024 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-16800000 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-13800000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-12500000 usd
CY2024 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1200000 usd
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
5300000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4300000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3300000 usd
CY2024 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
4100000 usd
CY2023 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
24000000.0 usd
CY2022 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
12500000 usd
CY2024 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
9500000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1600000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3200000 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
469900000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-206300000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
142300000 usd
CY2024 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
27700000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7000000.0 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1600000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24700000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12700000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40900000 usd
CY2024 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
40500000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-18200000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
17800000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
50900000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-14700000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-11500000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-158400000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
364100000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
108700000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2200000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1300000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3500000 usd
CY2024 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1600000 usd
CY2024 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
9500000 usd
CY2023 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
1600000 usd
CY2022 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
3200000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7300000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
300000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1300000 usd
CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19700000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1700000 usd
CY2024 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
12500000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2024 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3400000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
700000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
500000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16300000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13200000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1200000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-134800000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
351200000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
111200000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
616000000.0 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
481200000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
616000000.0 usd
CY2024 us-gaap Notes Issued1
NotesIssued1
9900000 usd
CY2023 us-gaap Notes Issued1
NotesIssued1
0 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45700000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
44700000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42400000 usd
CY2024 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>
CY2024Q3 us-gaap Deposits Assets
DepositsAssets
23400000 usd
CY2023Q3 us-gaap Deposits Assets
DepositsAssets
7000000.0 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10900000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8600000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3800000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2700000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7100000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5900000 usd
CY2024 us-gaap Depreciation
Depreciation
1100000 usd
CY2023 us-gaap Depreciation
Depreciation
1000000.0 usd
CY2022 us-gaap Depreciation
Depreciation
700000 usd
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y6M
CY2024Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
2266200000 usd
CY2023Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1790300000 usd
CY2024 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
570000000.0 usd
CY2024 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1000000000.0 usd
CY2024 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
19400000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3800000 usd
CY2024 us-gaap Loss On Contract Termination
LossOnContractTermination
4100000 usd
CY2023 us-gaap Loss On Contract Termination
LossOnContractTermination
4600000 usd
CY2022 us-gaap Loss On Contract Termination
LossOnContractTermination
8700000 usd
CY2024 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1459300000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1275700000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1455500000 usd
CY2024 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8100000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
29000000.0 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26800000 usd
CY2024 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
42000000.0 usd
CY2023 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
132200000 usd
CY2022 us-gaap Other Revenue Expense From Real Estate Operations
OtherRevenueExpenseFromRealEstateOperations
36800000 usd
CY2024 us-gaap Revenues
Revenues
1509400000 usd
CY2023 us-gaap Revenues
Revenues
1436900000 usd
CY2022 us-gaap Revenues
Revenues
1519100000 usd
CY2024 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8100000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
29000000.0 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26800000 usd
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
58500000 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
CY2024 us-gaap Interest Costs Incurred
InterestCostsIncurred
32600000 usd
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
32800000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
32900000 usd
CY2024 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
28100000 usd
CY2023 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
26800000 usd
CY2022 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
34100000 usd
CY2024Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
63000000.0 usd
CY2023Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
58500000 usd
CY2022Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
52500000 usd
CY2024Q3 us-gaap Other Receivables
OtherReceivables
28400000 usd
CY2023Q3 us-gaap Other Receivables
OtherReceivables
25700000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9600000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7600000 usd
CY2024Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
13200000 usd
CY2023Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
15700000 usd
CY2024Q3 us-gaap Deposits Assets
DepositsAssets
23400000 usd
CY2023Q3 us-gaap Deposits Assets
DepositsAssets
7000000.0 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8900000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2024Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1800000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2000000.0 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
85300000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
58000000.0 usd
CY2024Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
13500000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
11200000 usd
CY2024Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
8200000 usd
CY2023Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
7900000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10200000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
8100000 usd
CY2024Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7300000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7000000.0 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2700000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10000000.0 usd
CY2024Q3 us-gaap Deferred Revenue
DeferredRevenue
4100000 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
4100000 usd
CY2024Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
8600000 usd
CY2023Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
4400000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
8000000.0 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
4800000 usd
CY2024Q3 us-gaap Other Liabilities
OtherLiabilities
5700000 usd
CY2023Q3 us-gaap Other Liabilities
OtherLiabilities
3700000 usd
CY2024Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
68300000 usd
CY2023Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
61200000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
706400000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
695000000.0 usd
CY2024Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
410000000 usd
CY2024Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
600000000 usd
CY2024Q3 for Letterof Credit Maximum Borrowing Capacity
LetterofCreditMaximumBorrowingCapacity
100000000 usd
CY2024Q3 for Letterof Credit Maximum Borrowing Capacity Percentageof Revolving Credit Commitment
LetterofCreditMaximumBorrowingCapacityPercentageofRevolvingCreditCommitment
0.50
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
32800000 usd
CY2024Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
377200000 usd
CY2020Q2 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 usd
CY2024Q3 for Debt Repurchase Program Authorized Amount
DebtRepurchaseProgramAuthorizedAmount
30000000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
203400000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166900000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
178800000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50426040 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49986526 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49818132 shares
CY2024 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
367914 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
137587 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
31762 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50793954 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50124113 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49849894 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.03
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.34
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.59
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.00
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.33
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
40800000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
33900000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
38300000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9100000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7000000.0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6200000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
49900000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40900000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
44500000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13400000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11500000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10200000 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3400000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2300000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2300000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
16800000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13800000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12500000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66700000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54700000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000000.0 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2024Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
11900000 usd
CY2023Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10500000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
3800000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2800000 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
900000 usd
CY2023Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1000000.0 usd
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
800000 usd
CY2023Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
800000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17400000 usd
CY2023Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15100000 usd
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
800000 usd
CY2023Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
900000 usd
CY2024Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
16600000 usd
CY2023Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14200000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
84100000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
64900000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
84100000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
64900000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
67500000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
50700000 usd
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
800000 usd
CY2023Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
900000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2021Q4 for Equity Securities Registered Value
EquitySecuritiesRegisteredValue
750000000 usd
CY2021Q4 for At The Market Equity Offering Program Common Stock Available For Issuance
AtTheMarketEquityOfferingProgramCommonStockAvailableForIssuance
300000000 usd
CY2024 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
19700000 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
400000 usd
CY2024Q3 for Common Stock Availablefor Issuance Value Remaining
CommonStockAvailableforIssuanceValueRemaining
728100000 usd
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1000000.0 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
800000 usd
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2024 for Employee Stock Purchase Plan Maximum Percent Of Annual Compensation
EmployeeStockPurchasePlanMaximumPercentOfAnnualCompensation
0.15
CY2024 for Fair Market Value Of Common Stock Available For Purchase To Eligible Employees Maximum
FairMarketValueOfCommonStockAvailableForPurchaseToEligibleEmployeesMaximum
25000 usd
CY2024 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
6941 shares
CY2024 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
200000 usd
CY2024 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
32800000 usd
CY2024Q3 us-gaap Special Assessment Bond
SpecialAssessmentBond
809000000.0 usd
CY2024Q3 us-gaap Deposits Assets
DepositsAssets
23400000 usd
CY2024Q3 us-gaap Purchase Obligation
PurchaseObligation
846900000 usd
CY2024 us-gaap Longterm Purchase Commitment Period
LongtermPurchaseCommitmentPeriod
P3Y
CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
3700000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
3100000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
2500000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3200000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2900000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2000000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1600000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
800000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
600000 usd
CY2024Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
57800 lot
CY2023Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
52400 lot
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
481200000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
706400000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
616000000.0 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
695000000.0 usd
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

Name View Source Status
0001406587-24-000118-index-headers.html Edgar Link pending
0001406587-24-000118-index.html Edgar Link pending
0001406587-24-000118.txt Edgar Link pending
0001406587-24-000118-xbrl.zip Edgar Link pending
a9302024ex191insidertradin.htm Edgar Link pending
a9302024ex211subsidiarylis.htm Edgar Link pending
a9302024ex231auditconsent.htm Edgar Link pending
a9302024exhibit311.htm Edgar Link pending
a9302024exhibit312.htm Edgar Link pending
a9302024exhibit321.htm Edgar Link pending
a9302024exhibit322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
for-20240930.htm Edgar Link pending
for-20240930.xsd Edgar Link pending
for-20240930_g1.jpg Edgar Link pending
for-20240930_g2.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
R33.htm Edgar Link pending
R34.htm Edgar Link pending
for-20240930_pre.xml Edgar Link unprocessable
for-20240930_lab.xml Edgar Link unprocessable
for-20240930_htm.xml Edgar Link completed
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
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
for-20240930_def.xml Edgar Link unprocessable
for-20240930_cal.xml Edgar Link unprocessable