FORESTAR GROUP INC. FOR Income Statement

Forestar group inc. (FOR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
730,800	637,000	428,300	215,600	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
641,600	548,600	362,700	159,600	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate
-	-	-	-	-	-	-	-	-	-	157,442	169,591	184,617	190,273	166,103	139,187	124,469	120,022	117,564	122,262	138,086	171,672	190,545	204,479	183,713	152,684	118,033	99,342	95,333	81,459	88,237	82,334	75,788	79,348	49,414	53,152	0	0	0
Commercial and income producing properties
-	-	-	-	-	-	-	-	-	-	764	-	-	-	64,307	73,883	81,629	82,808	42,646	42,436	42,376	41,440	40,300	44,277	51,089	95,327	100,662	96,112	85,549	38,656	29,801	27,649	27,163	26,820	25,539	24,290	0	0	0
Real estate
-	-	-	-	-	-	-	-	-	-	144,377	-	-	-	230,410	213,070	206,098	202,830	160,210	164,698	180,462	213,112	230,845	248,756	234,802	248,011	218,695	195,454	180,882	120,115	118,038	109,983	102,951	106,168	74,953	77,442	0	0	0
Mineral resources
-	-	-	-	-	-	-	-	-	-	2,736	-	-	5,076	-5,111	-4,032	-3,009	9,094	-32,339	-10,696	11,321	15,690	84,959	82,909	74,363	72,313	70,597	58,981	50,298	44,220	33,717	29,109	26,541	24,448	24,438	23,173	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	2,342	2,829	3,080	1,965	2,479	3,718	5,300	6,652	7,450	7,974	9,581	9,362	9,042	9,448	9,014	10,721	11,942	12,302	10,790	8,256	6,266	4,560	4,333	4,957	6,188	6,860	0	0	0
Revenues
-	-	-	-	-	-	-	110,200	114,651	114,356	147,953	162,024	182,001	197,314	227,778	212,756	208,389	218,576	135,321	161,976	201,364	238,164	324,846	341,113	318,179	331,045	301,234	266,737	241,970	172,591	158,021	143,652	133,825	135,573	105,579	107,475	0	0	0
Cost of Real Estate Revenue
-	-	-	-	-	-	-	69,887	77,480	73,176	114,874	117,996	167,955	169,321	123,823	108,527	55,540	52,640	60,127	61,201	70,730	86,432	93,661	101,602	90,597	76,628	56,354	48,557	46,721	40,400	52,678	49,632	45,045	44,929	23,592	23,294	0	0	0
Selling, general and administrative expense
38,700	33,700	28,900	27,300	25,900	25,100	43,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GAIN ON SALE OF ASSETS
2,300	2,000	3,000	26,200	26,000	28,700	27,800	13,690	41,896	113,411	158,426	149,237	227,381	166,747	120,556	120,480	13,990	1,585	4,296	14,981	30,688	29,512	27,977	16,867	0	-	0	0	-	25,983	87,290	0	0	-	0	-	-	0	-
OPERATING INCOME
-	-	-	-	-	-	-	-	-	-	106,561	100,436	162,999	140,354	123,616	108,878	45,269	23,942	4,719	25,917	46,940	70,560	78,432	76,328	52,940	46,577	33,829	28,060	28,465	27,165	16,909	72,237	65,351	58,115	73,759	14,272	0	0	0
Equity in earnings of unconsolidated ventures
700	400	500	2,900	3,900	5,400	11,800	11,264	13,011	17,873	13,124	14,997	12,438	6,123	8,342	7,614	13,010	16,008	16,258	15,365	10,739	8,685	6,098	7,207	8,815	8,737	18,901	16,456	14,658	14,469	-28,669	-28,701	-29,067	-29,209	1,714	1,353	0	0	0
Cost of commercial and income producing properties
-	-	-	-	-	-	-	-	-	-	119	-	-	-	54,557	56,962	58,721	61,251	31,235	33,846	34,904	37,332	38,132	42,093	49,335	80,166	83,862	77,243	66,033	29,639	20,489	18,363	18,091	18,046	17,416	16,754	0	0	0
Cost of mineral resources
-	-	-	-	-	-	-	-	-	-	38,506	-	-	763	-10,358	-8,421	-8,314	2,998	-30,298	-13,947	2,712	3,790	63,321	54,941	46,853	42,067	34,487	25,789	17,763	10,842	3,350	2,555	2,181	2,062	2,052	1,762	0	0	0
Cost of other
-	-	-	-	-	-	-	-	-	-	43,041	43,295	43,306	5,075	1,349	1,805	2,546	3,081	3,317	3,209	3,150	3,006	2,659	2,402	2,117	2,033	2,488	3,077	3,097	2,995	3,216	2,522	2,271	1,928	1,347	1,389	0	0	0
Other operating expense
-	-	-	-	-	-	-	-	-	-	13,532	16,783	19,942	26,951	34,096	39,944	43,027	48,996	42,918	43,459	48,389	44,326	58,507	61,698	58,447	60,359	61,136	59,776	58,138	55,213	54,320	51,400	50,442	49,132	44,251	41,708	0	0	0
General and administrative expense
-	-	-	-	-	-	-	-	-	-	43,492	43,329	19,809	21,597	21,251	25,541	25,590	27,253	27,599	23,272	25,227	22,230	23,272	24,077	23,051	28,376	29,555	34,908	35,827	32,320	32,746	24,218	24,318	23,326	20,387	23,737	0	0	0
Total cost and expenses
-	-	-	-	-	-	-	-	-	-	199,818	210,825	246,383	223,707	224,718	224,358	177,110	196,219	134,898	151,040	185,112	197,116	279,552	286,813	270,400	289,629	267,882	249,350	227,579	171,409	166,799	148,690	142,348	139,423	93,604	93,203	0	0	0
Interest Expense
-	-	-	0	-	-	5,800	7,838	8,404	8,539	8,498	9,829	14,581	19,985	26,141	31,087	32,884	34,066	34,630	34,949	33,604	30,286	26,619	23,216	20,968	20,004	18,606	21,469	20,011	19,363	19,728	15,905	16,894	17,012	16,846	16,678	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
6,800	5,900	5,500	6,300	7,000	7,700	7,000	5,940	3,962	3,038	2,634	2,743	2,320	1,718	2,766	1,579	2,163	3,006	3,891	5,725	7,211	8,588	9,707	9,270	8,112	6,959	5,015	4,669	4,698	3,621	2,608	1,521	405	368	323	543	0	0	0
Income before income taxes
60,300	63,000	45,700	59,300	61,300	49,600	34,400	18,047	15,815	52,153	113,723	108,249	127,312	92,346	72,817	51,218	27,558	8,890	-9,762	12,058	31,286	57,547	67,618	69,589	48,899	42,269	17,651	0	0	-	0	-	19,795	12,262	58,950	-510	0	0	0
Income tax expense
13,500	13,800	9,400	-19,400	-20,800	-24,300	-12,800	17,914	29,742	45,853	41,240	26,360	29,361	15,302	2,440	55,674	41,642	35,131	45,492	4,679	11,833	20,850	22,700	17,013	9,873	7,208	6,714	8,568	8,389	8,016	-11,774	8,913	5,353	3,021	18,929	-518	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	78,700	-	-	47,200	133	-13,927	6,300	72,483	81,889	97,951	77,044	-23,733	-38,498	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Income (loss) discontinued operations, net of taxes
-	-	-	0	-	-	7,200	44,393	45,622	46,040	39,403	-4,954	-8,231	-16,865	-124,365	-154,193	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
46,800	49,200	36,300	78,700	82,100	73,900	54,400	44,526	31,695	52,340	111,886	76,935	89,720	60,179	10,748	-163,858	-208,430	-212,371	-218,792	-49,222	-156	17,088	44,918	52,576	39,026	35,061	32,425	19,148	19,421	17,876	-17,106	20,239	14,442	9,241	40,021	8	0	0	0
Net income attributable to noncontrolling interests
700	2,600	3,300	3,500	4,400	1,800	3,200	3,024	2,172	2,112	313	899	1,491	1,531	2,011	1,286	835	676	-111	16	-247	505	3,536	4,591	5,322	5,740	6,071	5,327	5,330	4,934	2,864	3,078	2,013	2,087	1,065	753	0	0	0
Net income attributable to Forestar Group Inc.
46,100	46,600	33,000	75,200	77,700	72,100	51,200	41,502	29,523	50,228	111,573	76,036	88,229	58,648	8,737	-165,144	-209,265	-213,047	-218,681	-49,238	91	16,583	41,382	47,985	33,704	29,321	26,354	13,821	14,091	12,942	-19,970	17,161	12,429	7,154	38,956	-745	0	0	0
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
46,800	49,200	36,300	78,700	82,100	73,900	54,400	44,526	31,695	52,340	78,215	43,243	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	40,021	8	0	0	0
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-
TOTAL COMPREHENSIVE INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	111,573	-	-	-	8,737	-165,144	-209,265	-	-218,681	-49,238	91	16,583	41,382	47,985	33,704	29,321	15,619	4,600	0	-	0	0	-	-	-	-	-	-	-