Forestar group inc. (FOR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues

159,100

247,200

236,300

88,200

65,300

38,500

-

23,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

136,600

216,600

213,100

75,300

43,600

30,700

-

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate

-

-

-

-

-

-

-

-

-

-

33,136

27,992

20,752

75,562

45,285

43,018

26,408

51,392

18,369

28,300

21,961

48,934

23,067

44,124

55,547

67,807

37,001

23,358

24,518

33,156

18,310

19,349

10,644

39,934

12,407

12,803

14,204

10,000

16,145

Commercial and income producing properties

-

-

-

-

-

-

-

-

-

-

0

-

-

-

12

3,363

9,690

51,242

9,588

11,109

10,869

11,080

9,378

11,049

9,933

9,940

13,355

17,861

54,171

15,275

8,805

7,298

7,278

6,420

6,653

6,812

6,935

5,139

5,404

Real estate

-

-

-

-

-

-

-

-

-

-

33,136

-

-

-

45,297

46,381

36,098

102,634

27,957

39,409

32,830

60,014

32,445

55,173

65,480

77,747

50,356

41,219

78,689

48,431

27,115

26,647

17,922

46,354

19,060

19,615

21,139

15,139

21,549

Mineral resources

-

-

-

-

-

-

-

-

-

-

0

-

-

1,234

1,423

1,337

1,082

-8,953

2,502

2,360

13,185

-50,386

24,145

24,377

17,554

18,883

22,095

15,831

15,504

17,167

10,479

7,148

9,426

6,664

5,871

4,580

7,333

6,654

4,606

Other

-

-

-

-

-

-

-

-

-

-

0

23

1,553

766

487

274

438

1,280

1,726

1,856

1,790

2,078

2,250

3,463

1,571

1,758

2,656

3,029

3,278

2,979

3,016

1,517

744

989

1,310

1,290

1,368

2,220

1,982

Revenues

-

-

-

-

-

-

-

23,564

22,600

30,900

33,136

28,015

22,305

64,497

47,207

47,992

37,618

94,961

32,185

43,625

47,805

11,706

58,840

83,013

84,605

98,388

75,107

60,079

97,471

68,577

40,610

35,312

28,092

54,007

26,241

25,485

29,840

24,013

28,137

Cost of Real Estate Revenue

-

-

-

-

-

-

-

9,325

16,200

22,600

21,762

16,918

11,896

64,298

24,884

66,877

13,262

18,800

9,588

13,890

10,362

26,287

10,662

23,419

26,064

33,516

18,603

12,414

12,095

13,242

10,806

10,578

5,774

25,520

7,760

5,991

5,658

4,183

7,462

Selling, general and administrative expense

11,200

10,500

9,100

7,900

6,200

5,700

7,500

6,500

5,400

24,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

GAIN ON SALE OF ASSETS

300

-100

600

1,500

0

900

23,800

1,300

2,700

0

9,690

29,506

74,215

45,015

501

107,650

13,581

-1,176

425

1,160

1,176

1,535

11,110

16,867

0

-

0

0

-

477

10,196

3,401

11,909

-

61,784

-

-

15,441

-

OPERATING INCOME

-

-

-

-

-

-

-

-

-

-

12,381

6,965

36,235

50,980

6,256

69,528

13,590

34,242

-8,482

5,919

-7,737

15,019

12,716

26,942

15,883

22,891

10,612

3,554

9,520

10,143

4,843

3,959

8,220

-113

60,171

-2,927

984

15,531

684

Equity in earnings of unconsolidated ventures

300

500

-100

0

0

600

2,300

1,000

1,500

7,000

1,764

2,747

6,362

2,251

3,637

188

47

4,470

2,909

5,584

3,045

4,720

2,016

958

991

2,133

3,125

2,566

913

12,297

680

768

724

-30,841

648

402

582

82

287

Cost of commercial and income producing properties

-

-

-

-

-

-

-

-

-

-

14

-

-

-

4,375

5,789

5,162

39,231

6,780

7,548

7,692

9,215

9,391

8,606

10,120

10,015

13,352

15,848

40,951

13,711

6,733

4,638

4,557

4,561

4,607

4,366

4,512

3,931

3,945

Cost of mineral resources

-

-

-

-

-

-

-

-

-

-

0

-

-

191

182

160

230

-10,930

2,119

267

11,542

-44,226

18,470

16,926

12,620

15,305

10,090

8,838

7,834

7,725

1,392

812

913

233

597

438

794

223

307

Cost of other

-

-

-

-

-

-

-

-

-

-

109

108

38,616

4,208

363

119

385

482

819

860

920

718

711

801

776

371

454

516

692

826

1,043

536

590

1,047

349

285

247

466

391

Other operating expense

-

-

-

-

-

-

-

-

-

-

3,220

5,158

5,082

72

6,471

8,317

12,091

7,217

12,319

11,400

18,060

1,139

12,860

16,330

13,997

15,320

16,051

13,079

15,909

16,097

14,691

11,441

12,984

15,204

11,771

10,483

11,674

10,323

9,228

General and administrative expense

-

-

-

-

-

-

-

-

-

-

5,340

28,372

4,691

5,089

5,177

4,852

6,479

4,743

9,467

4,901

8,142

5,089

5,140

6,856

5,145

6,131

5,945

5,830

10,470

7,310

11,298

6,749

6,963

7,736

2,770

6,849

5,971

4,797

6,120

Total cost and expenses

-

-

-

-

-

-

-

-

-

-

30,445

50,556

60,285

58,532

41,452

86,114

37,609

59,543

41,092

38,866

56,718

-1,778

57,234

72,938

68,722

80,658

64,495

56,525

87,951

58,911

45,963

34,754

31,781

54,301

27,854

28,412

28,856

8,482

27,453

Interest Expense

-

-

-

0

-

-

0

1,600

2,100

2,100

2,038

2,166

2,235

2,059

3,369

6,918

7,639

8,215

8,315

8,715

8,821

8,779

8,634

7,370

5,503

5,112

5,231

5,122

4,539

3,714

8,094

3,664

3,891

4,079

4,271

4,653

4,009

3,913

4,103

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-35,766

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

1,800

1,700

1,400

1,900

900

1,300

2,200

2,600

1,600

600

1,140

622

676

196

1,249

199

74

1,244

62

783

917

2,129

1,896

2,269

2,294

3,248

1,459

1,111

1,141

1,304

1,113

1,140

64

291

26

24

27

246

246

Income before income taxes

13,700

22,200

16,000

8,400

16,400

4,900

29,600

10,400

4,700

-10,300

13,247

8,168

41,038

51,270

7,773

27,231

6,072

31,741

-13,826

3,571

-12,596

13,089

7,994

22,799

13,665

23,160

9,965

2,109

7,035

-

-1,458

-

5,117

-34,742

56,574

-7,154

-2,416

11,946

-2,886

Income tax expense

3,300

5,400

3,300

1,500

3,600

1,000

-25,500

100

100

12,500

5,214

11,928

16,211

7,887

-9,666

14,929

2,152

-4,975

43,568

897

-4,359

5,386

2,755

8,051

4,658

7,236

-2,932

911

1,993

6,742

-1,078

732

1,620

-13,048

19,609

-2,828

-712

2,860

162

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

6,900

-

-

55,100

10,300

4,600

-22,800

8,033

-3,760

24,827

43,383

17,439

12,302

3,920

-

-57,394

2,674

-

-

-

-

-

-

-

-

-

-

-

2,203

-

-

-

-

-

-

-

Income (loss) discontinued operations, net of taxes

-

-

-

0

-

-

0

0

0

7,200

37,193

1,229

418

563

-7,164

-2,048

-8,216

-

-106,937

-36,992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

10,400

16,800

12,700

6,900

12,800

3,900

55,100

10,300

4,600

-15,600

45,226

-2,531

25,245

43,946

10,275

10,254

-4,296

-5,485

-164,331

-34,318

-8,237

-11,906

5,239

14,748

9,007

15,924

12,897

1,198

5,042

13,288

-380

1,471

3,497

-21,694

36,965

-4,326

-1,704

9,086

-3,048

Net income attributable to noncontrolling interests

800

-100

0

0

2,700

600

200

900

100

2,000

24

48

40

201

610

640

80

681

-115

189

-79

-106

12

-74

673

2,925

1,067

657

1,091

3,256

323

660

695

1,186

537

-405

769

164

225

Net income attributable to Forestar Group Inc.

9,600

16,900

12,700

6,900

10,100

3,300

54,900

9,400

4,500

-17,600

45,202

-2,579

25,205

43,745

9,665

9,614

-4,376

-6,166

-164,216

-34,507

-8,158

-11,800

5,227

14,822

8,334

12,999

11,830

541

3,951

10,032

-703

811

2,802

-22,880

36,428

-3,921

-2,473

8,922

-3,273

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic (in shares)

48,025

48,011

42,025

41,959

41,959

41,952

41,939

41,938

41,938

41,957

42,270

42,259

42,097

35,481

34,099

34,302

34,302

34,319

34,299

34,278

34,168

34,736

35,498

35,458

35,576

35,440

35,410

35,351

35,259

35,533

35,233

35,235

34,855

35,208

35,514

35,524

35,406

35,934

36,155

Diluted (in shares)

48,082

48,066

42,085

42,010

41,966

41,958

42,067

41,966

41,966

41,957

42,626

42,259

42,406

42,333

42,260

42,423

42,320

26,269

34,299

42,328

34,168

42,915

43,868

43,688

43,913

39,406

36,072

36,052

35,722

36,101

35,233

35,425

35,169

36,398

35,796

35,524

35,406

36,379

-

Earnings Per Share [Abstract]
Continuing operations, basic (usd per share)

-

-

-

0.16

-

-

1.31

0.22

0.11

-0.59

0.19

-0.09

0.59

1.01

0.40

0.28

0.11

-

-1.67

0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations, basic (usd per share)

-

-

-

0.00

-

-

0.00

0.00

0.00

0.17

0.88

0.03

0.01

0.06

-0.17

-0.05

-0.24

-

-3.12

-1.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Basic

0.20

0.35

0.31

0.16

0.24

0.08

1.31

0.22

0.11

-0.42

1.07

-0.06

0.60

1.07

0.23

0.23

-0.13

-0.18

-4.79

-1.01

-0.24

-0.28

0.12

0.34

0.20

0.35

0.33

0.02

0.11

0.29

-0.02

0.02

0.08

-0.65

1.03

-0.11

-0.07

0.25

-0.09

NET INCOME (LOSS) PER DILUTED SHARE
Continuing operations, diluted (usd per share)

-

-

-

0.16

-

-

1.31

0.22

0.11

-0.59

0.19

-0.09

0.58

1.01

0.40

0.28

0.09

-

-1.67

0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

0.00

-

-

0.00

0.00

0.00

0.17

0.87

0.03

0.01

0.01

-0.17

-0.05

-0.19

-

-3.12

-0.87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

0.20

0.35

0.31

0.16

0.24

0.08

1.31

0.22

0.11

-0.42

1.06

-0.06

0.59

1.02

0.23

0.23

-0.10

-0.38

-4.79

-0.81

-0.24

-0.27

0.12

0.34

0.19

0.34

0.33

0.02

0.11

0.28

-0.02

0.02

0.08

-0.64

1.02

-0.11

-0.07

0.25

-

COMPREHENSIVE INCOME
Consolidated net income

10,400

16,800

12,700

6,900

12,800

3,900

55,100

10,300

4,600

-15,600

45,226

-2,531

25,245

-

10,275

10,254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-380

1,471

3,497

-

36,965

-4,326

-1,704

9,086

-3,048

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,802

-

36,428

-3,921

-2,473

-

-

TOTAL COMPREHENSIVE INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

45,202

-

-

-

9,665

9,614

-4,376

-

-164,216

-34,507

-8,158

-11,800

5,227

14,822

8,334

12,999

11,830

541

3,951

-

-703

811

-

-

-

-

-

-

-