| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
-79,520 | -45,375 | 31,813 | 4,693 | 344,094 | 34,383 | -33,868 | -145,326 | -204,859 | -34,049 | -189,383 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
14,759 | 13,807 | 14,009 | 13,794 | 13,338 | 13,279 | 12,784 | 13,545 | 10,708 | 13,405 | 18,884 |
Stock-based compensation expense | ||||||||||
10,526 | 10,258 | 8,159 | 7,959 | 6,135 | 2,587 | 2,858 | 4,028 | 7,170 | 11,369 | 11,839 |
Inventory impairments and abandonments | ||||||||||
- | - | - | 15,282 | - | - | - | - | - | - | - |
Inventory impairments and abandonments | ||||||||||
148,618 | 6,949 | 2,445 | - | - | - | - | - | - | - | - |
Inventory impairments and abandonments | ||||||||||
- | - | - | - | 3,109 | 8,307 | - | - | - | - | - |
Inventory impairments and option contract abandonments | ||||||||||
- | - | - | - | - | - | 2,650 | 12,789 | 35,365 | 51,839 | 107,127 |
Impairment of future land purchase right | ||||||||||
- | - | - | - | - | - | - | - | 5,569 | 0 | - |
Goodwill impairment | ||||||||||
- | - | - | - | - | - | - | - | - | - | 16,143 |
Deferred and other income tax expense (benefit) | ||||||||||
-37,245 | 93,935 | 678 | 15,903 | -326,360 | -12,590 | -421 | -38,782 | 5,019 | -259 | 12,696 |
Write-off of deposit on legacy land investment | ||||||||||
0 | 0 | 2,700 | 0 | 0 | - | - | - | - | - | - |
Gain on sale of fixed assets | ||||||||||
232 | 351 | 294 | 957 | 0 | 0 | - | - | - | - | - |
Change in allowance for doubtful accounts | ||||||||||
-74 | 48 | -24 | - | - | - | - | -1,637 | 305 | -3,978 | -1,370 |
Change in allowance for doubtful accounts | ||||||||||
- | - | - | -698 | -193 | -406 | -584 | - | - | - | - |
Excess tax benefit from equity-based compensation | ||||||||||
- | - | - | - | - | - | - | - | - | - | -2,273 |
Equity in income of unconsolidated entities | ||||||||||
403 | 127 | 401 | 143 | -1,294 | 6,545 | -114 | 267 | 42 | -24,350 | - |
Equity in loss of unconsolidated joint ventures | ||||||||||
- | - | - | - | - | - | - | - | - | - | -14,275 |
Cash distributions of income from unconsolidated entities | ||||||||||
408 | 331 | 171 | 165 | 224 | 566 | 336 | 0 | 450 | 208 | 2,991 |
Non-cash loss on extinguishment of debt | ||||||||||
- | - | - | 4,978 | 0 | 2,670 | 4,636 | - | - | - | - |
Non-cash loss on extinguishment of debt | ||||||||||
- | - | - | - | - | - | - | 45,097 | 2,343 | -44,602 | -148,077 |
Loss on extinguishment of debt, net | ||||||||||
-24,920 | -27,839 | -12,630 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||
Decrease in accounts receivable | ||||||||||
1,674 | -11,875 | -16,927 | 149 | 17,757 | 11,681 | -2,841 | -9,751 | -4,039 | 264 | -19,520 |
Decrease in income tax receivable | ||||||||||
0 | -88 | -204 | -127 | 373 | -2,767 | -3,559 | 1,549 | -2,861 | -2,238 | -163,578 |
Increase in inventory | ||||||||||
-42,927 | 95,809 | -41,911 | -129,028 | 121,700 | 230,138 | 186,349 | -92,790 | 54,395 | -82,504 | -208,371 |
Decrease in other assets | ||||||||||
-323 | 1,300 | 168 | 471 | 165 | -1,292 | -1,906 | -6,907 | -5,291 | -3,835 | -25,072 |
Increase (decrease) in trade accounts payable | ||||||||||
4,720 | 17,492 | -690 | -9,365 | 7,302 | 22,437 | 14,532 | -3,427 | 19,277 | -16,867 | -20,086 |
Increase (decrease) in other liabilities | ||||||||||
-14,418 | 15,178 | -25,208 | -17,121 | 10,260 | 13,002 | 413 | -14,703 | -17,961 | -22,530 | -150,260 |
Other changes | ||||||||||
- | - | - | - | -257 | -399 | -49 | -61 | -76 | 2,486 | 232 |
Net cash used in operating activities | ||||||||||
113,635 | 54,838 | 104,862 | 163,025 | -81,049 | -160,469 | -174,642 | -20,845 | -178,936 | 69,685 | 93,825 |
Cash flows from investing activities: | ||||||||||
Capital expenditures | ||||||||||
21,356 | 17,020 | 12,440 | 12,219 | 15,964 | 14,553 | 10,761 | 17,363 | 20,514 | 10,849 | 7,034 |
Proceeds from sale of fixed assets | ||||||||||
251 | 370 | 297 | 2,624 | 0 | 0 | - | - | - | - | - |
Acquisition, net of cash acquired | ||||||||||
4,088 | 57,253 | 0 | 0 | - | - | - | - | - | - | - |
Investments in unconsolidated entities | ||||||||||
0 | 421 | 3,261 | 4,241 | 4,944 | 5,218 | 3,879 | 2,407 | 1,924 | 5,602 | 25,537 |
Proceeds from Equity Method Investment, Distribution, Return of Capital | ||||||||||
68 | 176 | 1,621 | 1,142 | 24,245 | 1,703 | 510 | -610 | - | - | - |
Increases in restricted cash | ||||||||||
- | - | - | - | - | 15,608 | 4,790 | - | - | - | - |
Decreases in restricted cash | ||||||||||
- | - | - | - | - | 1,645 | 209,072 | - | - | - | - |
Return of capital from unconsolidated entities | ||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | - |
Increases in restricted cash | ||||||||||
- | - | - | - | - | - | - | 3,260 | 250,839 | 37,439 | 72,168 |
Decreases in restricted cash | ||||||||||
- | - | - | - | - | - | - | 27,058 | 12,981 | 47,700 | 23,004 |
Distributions from unconsolidated joint ventures | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,054 |
Net cash used in investing activities | ||||||||||
-25,125 | -74,148 | -13,783 | -12,694 | 3,337 | -32,031 | 190,152 | 4,638 | -260,296 | -6,190 | -79,681 |
Cash flows from financing activities: | ||||||||||
Repayment of debt | ||||||||||
576,548 | 522,465 | 274,436 | 828,221 | 18,573 | 307,602 | 184,723 | 290,387 | 215,376 | 619,806 | 305,399 |
Proceeds from issuance of new debt | ||||||||||
500,000 | 400,000 | 250,000 | 642,150 | 0 | 325,000 | 397,082 | 300,000 | 246,387 | 358,700 | 223,750 |
Proceeds from issuance of new debt | ||||||||||
- | - | - | - | - | - | - | - | - | 15,738 | - |
Repayment of borrowings from credit facility | ||||||||||
425,000 | 225,000 | 25,000 | 90,000 | 75,000 | 0 | 0 | - | - | - | - |
Borrowings from credit facility | ||||||||||
425,000 | 225,000 | 25,000 | 90,000 | 75,000 | 0 | 0 | - | - | - | - |
Repayment of cash secured loans | ||||||||||
- | - | - | - | - | - | 205,000 | 20,000 | 0 | - | - |
Proceeds from issuance of cash secured loan | ||||||||||
- | - | - | - | - | - | - | - | 247,368 | 0 | - |
Debt issuance costs | ||||||||||
6,137 | 6,272 | 4,919 | 11,246 | 126 | 5,490 | 5,548 | 10,845 | 5,172 | 9,234 | 7,195 |
Repurchase of common stock | ||||||||||
34,624 | 0 | 0 | - | - | - | - | - | - | - | 22 |
Tax payments for stock-based compensation awards | ||||||||||
1,969 | 3,378 | 415 | - | - | - | - | - | - | - | - |
Stock option exercises | ||||||||||
314 | 64 | 24 | - | - | - | - | - | - | - | - |
Proceeds from issuance of common stock, net | ||||||||||
- | - | - | - | - | - | - | 60,340 | 0 | 166,718 | - |
Proceeds from issuance of TEU prepaid stock purchase contracts, net | ||||||||||
- | - | - | - | - | - | - | 88,361 | 0 | 57,429 | - |
Proceeds from issuance of TEU amortizing notes | ||||||||||
- | - | - | - | - | - | - | 23,500 | 0 | 15,738 | - |
Settlement of unconsolidated entity debt obligation | ||||||||||
- | - | - | - | - | - | 500 | 15,862 | 0 | 0 | - |
Stock option exercises and other financing activities | ||||||||||
- | - | - | -222 | -200 | 287 | -157 | -1,508 | -693 | -3,258 | - |
Excess tax benefit from equity-based compensation | ||||||||||
- | - | - | - | - | - | - | - | - | - | -2,273 |
Net cash provided by financing activities | ||||||||||
-118,964 | -132,051 | -29,746 | -197,539 | -18,899 | 12,195 | 1,154 | 133,599 | 272,514 | -33,713 | -91,139 |
Increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||
-30,454 | -151,361 | 61,333 | -47,208 | - | - | - | - | - | - | - |
Decrease in cash, cash equivalents, and restricted cash | ||||||||||
- | - | - | - | -96,611 | -180,305 | 16,664 | 117,392 | -166,718 | 29,782 | -76,995 |