XML 44 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Property and equipment
The Company’s property and equipment balances and the related accumulated depreciation at September 30, 2017 and 2016 were as follows:
 
September 30,
 
2017
 
2016
 
(In millions)
Buildings and improvements (1)
$
219.0

 
$
158.4

Multi-family rental properties under construction (2)
59.2

 
8.3

Model home furniture
120.4

 
101.0

Office furniture and equipment
99.7

 
85.4

Land
52.9

 
37.8

 Total property and equipment
551.2

 
390.9

Accumulated depreciation
(226.2
)
 
(195.5
)
 Property and equipment, net
$
325.0

 
$
195.4


_____________
(1)
The current year balance includes $15.3 million related to the Company’s multi-family rental properties at September 30, 2017.
(2)
The prior year balance of $8.3 million, previously included in buildings and improvements, has been reclassified to conform to the current year presentation.
Goodwill by reporting segment
The Company’s goodwill balances by reporting segment were as follows:
 
September 30,
 
2017
 
2016
 
(In millions)
East
$
21.8

 
$
21.8

Midwest
—

 
—

Southeast
40.1

 
40.1

South Central
15.9

 
15.9

Southwest
—

 
—

West
2.2

 
2.2

Total goodwill
$
80.0

 
$
80.0