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Supplemental Guarantor Information (Tables) | 3 Months Ended
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Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Unaudited Condensed Consolidating Balance Sheet Information | Beazer Homes USA, Inc. Unaudited Condensed Consolidating Balance Sheet Information December 31, 2016 (In thousands)
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 159,886 |  |  | $ | 4,292 |  |  | $ | 853 |  |  | $ | (6,408 | ) |  | $ | 158,623 |
Restricted cash | 14,683 |  |  | 1,280 |  |  | — |  |  | — |  |  | 15,963 |
Accounts receivable (net of allowance of $350) | — |  |  | 51,797 |  |  | — |  |  | — |  |  | 51,797 |
Income tax receivable | 288 |  |  | — |  |  | — |  |  | — |  |  | 288 |
Owned inventory | — |  |  | 1,618,544 |  |  | — |  |  | — |  |  | 1,618,544 |
Investments in unconsolidated entities | 773 |  |  | 4,292 |  |  | — |  |  | — |  |  | 5,065 |
Deferred tax assets, net | 312,666 |  |  | — |  |  | — |  |  | — |  |  | 312,666 |
Property and equipment, net | — |  |  | 19,335 |  |  | — |  |  | — |  |  | 19,335 |
Investments in subsidiaries | 713,629 |  |  | — |  |  | — |  |  | (713,629 | ) |  | — |
Intercompany | 789,502 |  |  | — |  |  | 2,376 |  |  | (791,878 | ) |  | — |
Other assets | 822 |  |  | 5,040 |  |  | — |  |  | — |  |  | 5,862 |
Total assets | $ | 1,992,249 |  |  | $ | 1,704,580 |  |  | $ | 3,229 |  |  | $ | (1,511,915 | ) |  | $ | 2,188,143 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Trade accounts payable | $ | — |  |  | $ | 86,730 |  |  | $ | — |  |  | $ | — |  |  | $ | 86,730 |
Other liabilities | 25,014 |  |  | 96,345 |  |  | 352 |  |  | — |  |  | 121,711 |
Intercompany | 2,376 |  |  | 795,910 |  |  | — |  |  | (798,286 | ) |  | — |
Total debt (net of premium and debt issuance costs) | 1,321,640 |  |  | 14,843 |  |  | — |  |  | — |  |  | 1,336,483 |
Total liabilities | 1,349,030 |  |  | 993,828 |  |  | 352 |  |  | (798,286 | ) |  | 1,544,924 |
Stockholders’ equity | 643,219 |  |  | 710,752 |  |  | 2,877 |  |  | (713,629 | ) |  | 643,219 |
Total liabilities and stockholders’ equity | $ | 1,992,249 |  |  | $ | 1,704,580 |  |  | $ | 3,229 |  |  | $ | (1,511,915 | ) |  | $ | 2,188,143 |
Beazer Homes USA, Inc. Unaudited Condensed Consolidating Balance Sheet Information September 30, 2016 (In thousands)
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 215,646 |  |  | $ | 16,866 |  |  | $ | 859 |  |  | $ | (4,500 | ) |  | $ | 228,871 |
Restricted cash | 12,867 |  |  | 1,538 |  |  | — |  |  | — |  |  | 14,405 |
Accounts receivable (net of allowance of $354) | — |  |  | 53,225 |  |  | 1 |  |  | — |  |  | 53,226 |
Income tax receivable | 292 |  |  | — |  |  | — |  |  | — |  |  | 292 |
Owned inventory | — |  |  | 1,569,279 |  |  | — |  |  | — |  |  | 1,569,279 |
Investments in unconsolidated entities | 773 |  |  | 9,697 |  |  | — |  |  | — |  |  | 10,470 |
Deferred tax assets, net | 309,955 |  |  | — |  |  | — |  |  | — |  |  | 309,955 |
Property and equipment, net | — |  |  | 19,138 |  |  | — |  |  | — |  |  | 19,138 |
Investments in subsidiaries | 701,931 |  |  | — |  |  | — |  |  | (701,931 | ) |  | — |
Intercompany | 734,766 |  |  | — |  |  | 2,574 |  |  | (737,340 | ) |  | — |
Other assets | 577 |  |  | 6,930 |  |  | 15 |  |  | — |  |  | 7,522 |
Total assets | $ | 1,976,807 |  |  | $ | 1,676,673 |  |  | $ | 3,449 |  |  | $ | (1,443,771 | ) |  | $ | 2,213,158 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Trade accounts payable | $ | — |  |  | $ | 104,174 |  |  | $ | — |  |  | $ | — |  |  | $ | 104,174 |
Other liabilities | 11,315 |  |  | 122,561 |  |  | 377 |  |  | — |  |  | 134,253 |
Intercompany | 2,574 |  |  | 739,266 |  |  | — |  |  | (741,840 | ) |  | — |
Total debt (net of premium and debt issuance costs) | 1,320,065 |  |  | 11,813 |  |  | — |  |  | — |  |  | 1,331,878 |
Total liabilities | 1,333,954 |  |  | 977,814 |  |  | 377 |  |  | (741,840 | ) |  | 1,570,305 |
Stockholders’ equity | 642,853 |  |  | 698,859 |  |  | 3,072 |  |  | (701,931 | ) |  | 642,853 |
Total liabilities and stockholders’ equity | $ | 1,976,807 |  |  | $ | 1,676,673 |  |  | $ | 3,449 |  |  | $ | (1,443,771 | ) |  | $ | 2,213,158 |
Unaudited Consolidating Statements of Income (Loss) and Unaudited Comprehensive Income (Loss) | Beazer Homes USA, Inc. Unaudited Consolidating Statements of Income (Loss) and Unaudited Comprehensive Income (Loss) (In thousands)
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Three Months Ended December 31, 2016 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 339,241 |  |  | $ | 36 |  |  | $ | (36 | ) |  | $ | 339,241 |
Home construction and land sales expenses | 15,644 |  |  | 269,970 |  |  | — |  |  | (36 | ) |  | 285,578 |
Gross profit (loss) | (15,644 | ) |  | 69,271 |  |  | 36 |  |  | — |  |  | 53,663 |
Commissions | — |  |  | 13,323 |  |  | — |  |  | — |  |  | 13,323 |
General and administrative expenses | — |  |  | 36,365 |  |  | 23 |  |  | — |  |  | 36,388 |
Depreciation and amortization | — |  |  | 2,677 |  |  | — |  |  | — |  |  | 2,677 |
Operating income (loss) | (15,644 | ) |  | 16,906 |  |  | 13 |  |  | — |  |  | 1,275 |
Equity in income of unconsolidated entities | — |  |  | 22 |  |  | — |  |  | — |  |  | 22 |
Other (expense) income, net | (5,252 | ) |  | 57 |  |  | (1 | ) |  | — |  |  | (5,196 | )
Income (loss) before income taxes | (20,896 | ) |  | 16,985 |  |  | 12 |  |  | — |  |  | (3,899 | )
Expense (benefit) from income taxes | (7,569 | ) |  | 5,025 |  |  | 4 |  |  | — |  |  | (2,540 | )
Equity in income of subsidiaries | 11,968 |  |  | — |  |  | — |  |  | (11,968 | ) |  | — |
Income (loss) from continuing operations | (1,359 | ) |  | 11,960 |  |  | 8 |  |  | (11,968 | ) |  | (1,359 | )
Loss from discontinued operations | (70 | ) |  | — |  |  | — |  |  | — |  |  | (70 | )
Equity in loss of subsidiaries from discontinued operations | — |  |  | (67 | ) |  | (3 | ) |  | 70 |  |  | — |
Net income (loss) and comprehensive income (loss) | $ | (1,429 | ) |  | $ | 11,893 |  |  | $ | 5 |  |  | $ | (11,898 | ) |  | $ | (1,429 | )
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Three Months Ended December 31, 2015 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 344,449 |  |  | $ | 73 |  |  | $ | (73 | ) |  | $ | 344,449 |
Home construction and land sales expenses | 13,367 |  |  | 272,217 |  |  | — |  |  | (73 | ) |  | 285,511 |
Inventory impairments and abandonments | — |  |  | 1,356 |  |  | — |  |  | — |  |  | 1,356 |
Gross profit (loss) | (13,367 | ) |  | 70,876 |  |  | 73 |  |  | — |  |  | 57,582 |
Commissions | — |  |  | 13,774 |  |  | — |  |  | — |  |  | 13,774 |
General and administrative expenses | — |  |  | 31,642 |  |  | 27 |  |  |  |  |  | 31,669 |
Depreciation and amortization | — |  |  | 2,991 |  |  | — |  |  | — |  |  | 2,991 |
Operating income (loss) | (13,367 | ) |  | 22,469 |  |  | 46 |  |  | — |  |  | 9,148 |
Equity in income of unconsolidated entities | — |  |  | 60 |  |  | — |  |  | — |  |  | 60 |
Loss on extinguishment of debt | (828 | ) |  | — |  |  | — |  |  | — |  |  | (828 | )
Other (expense) income, net | (7,432 | ) |  | 868 |  |  | (1 | ) |  | — |  |  | (6,565 | )
Income (loss) before income taxes | (21,627 | ) |  | 23,397 |  |  | 45 |  |  | — |  |  | 1,815 |
Expense (benefit) from income taxes | (10,143 | ) |  | 10,742 |  |  | 17 |  |  | — |  |  | 616 |
Equity in income of subsidiaries | 12,683 |  |  | — |  |  | — |  |  | (12,683 | ) |  | — |
Income from continuing operations | 1,199 |  |  | 12,655 |  |  | 28 |  |  | (12,683 | ) |  | 1,199 |
Loss from discontinued operations | — |  |  | (197 | ) |  | (3 | ) |  | — |  |  | (200 | )
Equity in loss of subsidiaries from discontinued operations | (200 | ) |  | — |  |  | — |  |  | 200 |  |  | — |
Net income and comprehensive income | $ | 999 |  |  | $ | 12,458 |  |  | $ | 25 |  |  | $ | (12,483 | ) |  | $ | 999 |
Unaudited Condensed Consolidating Statements of Cash Flow Information | Beazer Homes USA, Inc. Unaudited Condensed Consolidating Statements of Cash Flow Information (In thousands)
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Three Months Ended December 31, 2016 |  |  |  |  |  |  |  |  |
Net cash used in operating activities | $ | (2,902 | ) |  | $ | (59,928 | ) |  | $ | (4 | ) |  | $ | — |  |  | $ | (62,834 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (2,874 | ) |  | — |  |  | — |  |  | (2,874 | )
Proceeds from sale of fixed assets | — |  |  | 46 |  |  | — |  |  | — |  |  | 46 |
Investments in unconsolidated entities | — |  |  | (1,397 | ) |  | — |  |  | — |  |  | (1,397 | )
Return of capital from unconsolidated entities | — |  |  | 1,621 |  |  | — |  |  | — |  |  | 1,621 |
Increases in restricted cash | (1,817 | ) |  | (1,829 | ) |  | — |  |  | — |  |  | (3,646 | )
Decreases in restricted cash | — |  |  | 2,088 |  |  | — |  |  | — |  |  | 2,088 |
Advances to/from subsidiaries | (50,314 | ) |  | — |  |  | — |  |  | 50,314 |  |  | — |
Net cash used in investing activities | (52,131 | ) |  | (2,345 | ) |  | — |  |  | 50,314 |  |  | (4,162 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | — |  |  | (2,525 | ) |  | — |  |  | — |  |  | (2,525 | )
Debt issuance costs | (340 | ) |  | — |  |  | — |  |  | — |  |  | (340 | )
Advances to/from subsidiaries | — |  |  | 52,224 |  |  | (2 | ) |  | (52,222 | ) |  | — |
Other financing activities | (387 | ) |  | — |  |  | — |  |  | — |  |  | (387 | )
Net cash (used in) provided by financing activities | (727 | ) |  | 49,699 |  |  | (2 | ) |  | (52,222 | ) |  | (3,252 | )
Decrease in cash and cash equivalents | (55,760 | ) |  | (12,574 | ) |  | (6 | ) |  | (1,908 | ) |  | (70,248 | )
Cash and cash equivalents at beginning of period | 215,646 |  |  | 16,866 |  |  | 859 |  |  | (4,500 | ) |  | 228,871 |
Cash and cash equivalents at end of period | $ | 159,886 |  |  | $ | 4,292 |  |  | $ | 853 |  |  | $ | (6,408 | ) |  | $ | 158,623 |
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Three Months Ended December 31, 2015 |  |  |  |  |  |  |  |  |
Net cash used in operating activities | $ | (22,794 | ) |  | $ | (55,038 | ) |  | $ | (17 | ) |  | $ | — |  |  | $ | (77,849 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (2,663 | ) |  | — |  |  | — |  |  | (2,663 | )
Proceeds from sale of fixed assets | — |  |  | 2,437 |  |  | — |  |  | — |  |  | 2,437 |
Investments in unconsolidated entities | — |  |  | (1,779 | ) |  | — |  |  | — |  |  | (1,779 | )
Return of capital from unconsolidated entities | — |  |  | 1,142 |  |  | — |  |  | — |  |  | 1,142 |
Increases in restricted cash | — |  |  | (1,119 | ) |  | — |  |  | — |  |  | (1,119 | )
Decreases in restricted cash | — |  |  | 669 |  |  | — |  |  | — |  |  | 669 |
Advances to/from subsidiaries | (33,119 | ) |  | — |  |  | — |  |  | 33,119 |  |  | — |
Net cash used in investing activities | (33,119 | ) |  | (1,313 | ) |  | — |  |  | 33,119 |  |  | (1,313 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | (22,875 | ) |  | (4,051 | ) |  | — |  |  | — |  |  | (26,926 | )
Debt issuance costs | (413 | ) |  | — |  |  | — |  |  | — |  |  | (413 | )
Advances to/from subsidiaries | — |  |  | 38,312 |  |  | (1 | ) |  | (38,311 | ) |  | — |
Other financing activities | (201 | ) |  | — |  |  | — |  |  | — |  |  | (201 | )
Net cash (used in) provided by financing activities | (23,489 | ) |  | 34,261 |  |  | (1 | ) |  | (38,311 | ) |  | (27,540 | )
Decrease in cash and cash equivalents | (79,402 | ) |  | (22,090 | ) |  | (18 | ) |  | (5,192 | ) |  | (106,702 | )
Cash and cash equivalents at beginning of period | 232,226 |  |  | 21,543 |  |  | 1,006 |  |  | (3,192 | ) |  | 251,583 |
Cash and cash equivalents at end of period | $ | 152,824 |  |  | $ | (547 | ) |  | $ | 988 |  |  | $ | (8,384 | ) |  | $ | 144,881 |

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