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Net Income (Loss) per Share (Tables)
3 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding
The computations of basic and diluted earnings per share are as follows:
 
Three Months Ended December 31,
 
2019
 
2018
 
(In millions, except share data)
Numerator:
 
 
 
Net income attributable to Forestar Group Inc.
$
16.9

 
$
3.3

Denominator:
 
 
 
Weighted average common shares outstanding — basic
48,011,132

 
41,952,493

Dilutive effect of share based compensation
55,286

 
6,206

Total weighted average shares outstanding — diluted
48,066,418

 
41,958,699

Anti-dilutive awards excluded from diluted weighted average shares

 

 
 
 
 
Basic net income per common share attributable to Forestar Group Inc.
$
0.35

 
$
0.08

Diluted net income per common share attributable to Forestar Group Inc.
$
0.35

 
$
0.08