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Supplemental Guarantor Information (Tables) | 12 Months Ended
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Sep. 30, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Consolidating balance sheet information |
in thousands | Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 93,875 |  |  | $ | 45,355 |  |  | $ | 575 |  |  | $ | — |  |  | $ | 139,805 |
Restricted cash | 10,921 |  |  | 2,522 |  |  | — |  |  | — |  |  | 13,443 |
Accounts receivable (net of allowance of $378) | — |  |  | 24,647 |  |  | — |  |  | — |  |  | 24,647 |
Income tax receivable | — |  |  | — |  |  | — |  |  | — |  |  | — |
Owned inventory | — |  |  | 1,692,284 |  |  | — |  |  | — |  |  | 1,692,284 |
Investments in unconsolidated entities | 773 |  |  | 3,262 |  |  | — |  |  | — |  |  | 4,035 |
Deferred tax assets, net | 213,955 |  |  | — |  |  | — |  |  | — |  |  | 213,955 |
Property and equipment, net | — |  |  | 20,843 |  |  | — |  |  | — |  |  | 20,843 |
Investments in subsidiaries | 645,086 |  |  | — |  |  | — |  |  | (645,086 | ) |  | — |
Intercompany | 922,525 |  |  | — |  |  | 2,304 |  |  | (924,829 | ) |  | — |
Goodwill and other intangible assets, net | — |  |  | 9,751 |  |  | — |  |  | — |  |  | 9,751 |
Other assets | 694 |  |  | 8,626 |  |  | 19 |  |  | — |  |  | 9,339 |
Total assets | $ | 1,887,829 |  |  | $ | 1,807,290 |  |  | $ | 2,898 |  |  | $ | (1,569,915 | ) |  | $ | 2,128,102 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Trade accounts payable | $ | — |  |  | $ | 126,432 |  |  | $ | — |  |  | $ | — |  |  | $ | 126,432 |
Other liabilities | 14,357 |  |  | 111,906 |  |  | 126 |  |  | — |  |  | 126,389 |
Intercompany | 2,304 |  |  | 922,525 |  |  | — |  |  | (924,829 | ) |  | — |
Total debt (net of premium/discount and debt issuance costs) | 1,227,141 |  |  | 4,113 |  |  | — |  |  | — |  |  | 1,231,254 |
Total liabilities | 1,243,802 |  |  | 1,164,976 |  |  | 126 |  |  | (924,829 | ) |  | 1,484,075 |
Stockholders’ equity | 644,027 |  |  | 642,314 |  |  | 2,772 |  |  | (645,086 | ) |  | 644,027 |
Total liabilities and stockholders’ equity | $ | 1,887,829 |  |  | $ | 1,807,290 |  |  | $ | 2,898 |  |  | $ | (1,569,915 | ) |  | $ | 2,128,102 |
in thousands | Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 283,191 |  |  | $ | 15,393 |  |  | $ | 724 |  |  | $ | (7,161 | ) |  | $ | 292,147 |
Restricted cash | 11,001 |  |  | 1,461 |  |  | — |  |  | — |  |  | 12,462 |
Accounts receivable (net of allowance of $330) | — |  |  | 36,322 |  |  | 1 |  |  | — |  |  | 36,323 |
Income tax receivable | 88 |  |  | — |  |  | — |  |  | — |  |  | 88 |
Owned inventory | — |  |  | 1,542,807 |  |  | — |  |  | — |  |  | 1,542,807 |
Investments in unconsolidated entities | 773 |  |  | 3,221 |  |  | — |  |  | — |  |  | 3,994 |
Deferred tax assets, net | 307,896 |  |  | — |  |  | — |  |  | — |  |  | 307,896 |
Property and equipment, net | — |  |  | 17,566 |  |  | — |  |  | — |  |  | 17,566 |
Investments in subsidiaries | 808,067 |  |  | — |  |  | — |  |  | (808,067 | ) |  | — |
Intercompany | 606,168 |  |  | — |  |  | 2,337 |  |  | (608,505 | ) |  | — |
Other assets | 599 |  |  | 7,098 |  |  | 15 |  |  | — |  |  | 7,712 |
Total assets | $ | 2,017,783 |  |  | $ | 1,623,868 |  |  | $ | 3,077 |  |  | $ | (1,423,733 | ) |  | $ | 2,220,995 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Trade accounts payable | $ | — |  |  | $ | 103,484 |  |  | $ | — |  |  | $ | — |  |  | $ | 103,484 |
Other liabilities | 11,229 |  |  | 96,189 |  |  | 241 |  |  | — |  |  | 107,659 |
Intercompany | 2,337 |  |  | 613,329 |  |  | — |  |  | (615,666 | ) |  | — |
Total debt (net of discount and debt issuance costs) | 1,321,777 |  |  | 5,635 |  |  | — |  |  | — |  |  | 1,327,412 |
Total liabilities | 1,335,343 |  |  | 818,637 |  |  | 241 |  |  | (615,666 | ) |  | 1,538,555 |
Stockholders’ equity | 682,440 |  |  | 805,231 |  |  | 2,836 |  |  | (808,067 | ) |  | 682,440 |
Total liabilities and stockholders’ equity | $ | 2,017,783 |  |  | $ | 1,623,868 |  |  | $ | 3,077 |  |  | $ | (1,423,733 | ) |  | $ | 2,220,995 |
Consolidating statement of operations information |
in thousands | Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Fiscal Year Ended September 30, 2018 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 2,107,133 |  |  | $ | 83 |  |  | $ | (83 | ) |  | $ | 2,107,133 |
Home construction and land sales expenses | 91,132 |  |  | 1,664,570 |  |  | — |  |  | (83 | ) |  | 1,755,619 |
Inventory impairments and abandonments | 1,961 |  |  | 4,538 |  |  | — |  |  | — |  |  | 6,499 |
Gross (loss) profit | (93,093 | ) |  | 438,025 |  |  | 83 |  |  | — |  |  | 345,015 |
Commissions | — |  |  | 81,002 |  |  | — |  |  | — |  |  | 81,002 |
General and administrative expenses | — |  |  | 168,536 |  |  | 122 |  |  | — |  |  | 168,658 |
Depreciation and amortization | — |  |  | 13,807 |  |  | — |  |  | — |  |  | 13,807 |
Operating (loss) income | (93,093 | ) |  | 174,680 |  |  | (39 | ) |  | — |  |  | 81,548 |
Equity in income of unconsolidated entities | — |  |  | 34 |  |  | — |  |  | — |  |  | 34 |
Loss on extinguishment of debt | (27,839 | ) |  | — |  |  | — |  |  | — |  |  | (27,839 | )
Other (expense) income, net | (5,323 | ) |  | 1,046 |  |  | (28 | ) |  | — |  |  | (4,305 | )
(Loss) income before income taxes | (126,255 | ) |  | 175,760 |  |  | (67 | ) |  | — |  |  | 49,438 |
(Benefit) expense from income taxes | (93,714 | ) |  | 188,217 |  |  | (19 | ) |  | — |  |  | 94,484 |
Equity in loss of subsidiaries | (12,505 | ) |  | — |  |  | — |  |  | 12,505 |  |  | — |
Loss from continuing operations | (45,046 | ) |  | (12,457 | ) |  | (48 | ) |  | 12,505 |  |  | (45,046 | )
Loss from discontinued operations, net of tax | — |  |  | (312 | ) |  | (17 | ) |  | — |  |  | (329 | )
Equity in loss of subsidiaries | (329 | ) |  | — |  |  | — |  |  | 329 |  |  | — |
Net loss | $ | (45,375 | ) |  | $ | (12,769 | ) |  | $ | (65 | ) |  | $ | 12,834 |  |  | $ | (45,375 | )
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Fiscal Year Ended September 30, 2017 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 1,916,278 |  |  | $ | 107 |  |  | $ | (107 | ) |  | $ | 1,916,278 |
Home construction and land sales expenses | 88,764 |  |  | 1,512,312 |  |  | — |  |  | (107 | ) |  | 1,600,969 |
Inventory impairments and abandonments | 56 |  |  | 2,389 |  |  | — |  |  | — |  |  | 2,445 |
Gross (loss) profit | (88,820 | ) |  | 401,577 |  |  | 107 |  |  | — |  |  | 312,864 |
Commissions | — |  |  | 74,811 |  |  | — |  |  | — |  |  | 74,811 |
General and administrative expenses | — |  |  | 161,804 |  |  | 102 |  |  | — |  |  | 161,906 |
Depreciation and amortization | — |  |  | 14,009 |  |  | — |  |  | — |  |  | 14,009 |
Operating (loss) income | (88,820 | ) |  | 150,953 |  |  | 5 |  |  | — |  |  | 62,138 |
Equity in income of unconsolidated entities | — |  |  | 371 |  |  | — |  |  | — |  |  | 371 |
Loss on extinguishment of debt | (12,630 | ) |  | — |  |  | — |  |  | — |  |  | (12,630 | )
Other (expense) income, net | (15,635 | ) |  | 429 |  |  | (24 | ) |  | — |  |  | (15,230 | )
(Loss) income before income taxes | (117,085 | ) |  | 151,753 |  |  | (19 | ) |  | — |  |  | 34,649 |
(Benefit) expense from income taxes | (42,564 | ) |  | 45,266 |  |  | (6 | ) |  | — |  |  | 2,696 |
Equity in income of subsidiaries | 106,474 |  |  | — |  |  | — |  |  | (106,474 | ) |  | — |
Income (loss) from continuing operations | 31,953 |  |  | 106,487 |  |  | (13 | ) |  | (106,474 | ) |  | 31,953 |
Loss from discontinued operations, net of tax | — |  |  | (115 | ) |  | (25 | ) |  | — |  |  | (140 | )
Equity in loss of subsidiaries | (140 | ) |  | — |  |  | — |  |  | 140 |  |  | — |
Net income (loss) | $ | 31,813 |  |  | $ | 106,372 |  |  | $ | (38 | ) |  | $ | (106,334 | ) |  | $ | 31,813 |
Beazer Homes USA, Inc. Consolidating Statements of Operations Information
in thousands | Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Fiscal Year Ended September 30, 2016 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 1,822,114 |  |  | $ | 156 |  |  | $ | (156 | ) |  | $ | 1,822,114 |
Home construction and land sales expenses | 77,941 |  |  | 1,431,840 |  |  | — |  |  | (156 | ) |  | 1,509,625 |
Inventory impairments and abandonments | 710 |  |  | 14,572 |  |  | — |  |  | — |  |  | 15,282 |
Gross (loss) profit | (78,651 | ) |  | 375,702 |  |  | 156 |  |  | — |  |  | 297,207 |
Commissions | — |  |  | 70,460 |  |  | — |  |  | — |  |  | 70,460 |
General and administrative expenses | — |  |  | 153,524 |  |  | 104 |  |  | — |  |  | 153,628 |
Depreciation and amortization | — |  |  | 13,794 |  |  | — |  |  | — |  |  | 13,794 |
Operating (loss) income | (78,651 | ) |  | 137,924 |  |  | 52 |  |  | — |  |  | 59,325 |
Equity in income of unconsolidated entities | — |  |  | 131 |  |  | — |  |  | — |  |  | 131 |
Loss on extinguishment of debt | (13,423 | ) |  | — |  |  | — |  |  | — |  |  | (13,423 | )
Other (expense) income, net | (25,388 | ) |  | 1,061 |  |  | (3 | ) |  | — |  |  | (24,330 | )
(Loss) income before income taxes | (117,462 | ) |  | 139,116 |  |  | 49 |  |  | — |  |  | 21,703 |
(Benefit) expense from income taxes | (70,126 | ) |  | 86,605 |  |  | 19 |  |  | — |  |  | 16,498 |
Equity in income of subsidiaries | 52,541 |  |  | — |  |  | — |  |  | (52,541 | ) |  | — |
Income from continuing operations | 5,205 |  |  | 52,511 |  |  | 30 |  |  | (52,541 | ) |  | 5,205 |
Loss from discontinued operations, net of tax | — |  |  | (503 | ) |  | (9 | ) |  | — |  |  | (512 | )
Equity in loss of subsidiaries | (512 | ) |  | — |  |  | — |  |  | 512 |  |  | — |
Net income | $ | 4,693 |  |  | $ | 52,008 |  |  | $ | 21 |  |  | $ | (52,029 | ) |  | $ | 4,693 |
Consolidating statements of cash flow information |
in thousands | Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
Fiscal Year Ended September 30, 2018 |  |  |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (25,713 | ) |  | $ | 56,153 |  |  | $ | (152 | ) |  | $ | — |  |  | $ | 30,288 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (17,020 | ) |  | — |  |  | — |  |  | (17,020 | )
Proceeds from sale of fixed assets | — |  |  | 370 |  |  | — |  |  | — |  |  | 370 |
Cash used for business acquisition, net of cash acquired | — |  |  | (57,253 | ) |  | — |  |  | — |  |  | (57,253 | )
Investments in unconsolidated entities | — |  |  | (421 | ) |  | — |  |  | — |  |  | (421 | )
Return of capital from unconsolidated entities | — |  |  | 176 |  |  | — |  |  | — |  |  | 176 |
Advances to/from subsidiaries | (56,182 | ) |  | — |  |  | 3 |  |  | 56,179 |  |  | — |
Net cash (used in) provided by investing activities | (56,182 | ) |  | (74,148 | ) |  | 3 |  |  | 56,179 |  |  | (74,148 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | (497,915 | ) |  | — |  |  | — |  |  | — |  |  | (497,915 | )
Proceeds from issuance of new debt | 400,000 |  |  | — |  |  | — |  |  | — |  |  | 400,000 |
Repayment of borrowing from credit facility | (225,000 | ) |  | — |  |  | — |  |  | — |  |  | (225,000 | )
Borrowing from credit facility | 225,000 |  |  | — |  |  | — |  |  | — |  |  | 225,000 |
Debt issuance costs | (6,272 | ) |  | — |  |  | — |  |  | — |  |  | (6,272 | )
Other financing activities | (3,314 | ) |  | — |  |  | — |  |  | — |  |  | (3,314 | )
Advances to/from subsidiaries | — |  |  | 49,018 |  |  | — |  |  | (49,018 | ) |  | — |
Net cash (used in) provided by financing activities | (107,501 | ) |  | 49,018 |  |  | — |  |  | (49,018 | ) |  | (107,501 | )
(Decrease) increase in cash and cash equivalents | (189,396 | ) |  | 31,023 |  |  | (149 | ) |  | 7,161 |  |  | (151,361 | )
Cash, cash equivalents and restricted cash at beginning of period | 294,191 |  |  | 16,855 |  |  | 724 |  |  | (7,161 | ) |  | 304,609 |
Cash, cash equivalents and restricted cash at end of period | $ | 104,795 |  |  | $ | 47,878 |  |  | $ | 575 |  |  | $ | — |  |  | $ | 153,248 |
Beazer Homes USA, Inc. 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.
Fiscal Year Ended September 30, 2017 |  |  |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (74,046 | ) |  | $ | 170,129 |  |  | $ | (174 | ) |  | $ | — |  |  | $ | 95,909 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (12,440 | ) |  | — |  |  | — |  |  | (12,440 | )
Proceeds from sale of fixed assets | — |  |  | 297 |  |  | — |  |  | — |  |  | 297 |
Investments in unconsolidated entities | — |  |  | (3,261 | ) |  | — |  |  | — |  |  | (3,261 | )
Return of capital from unconsolidated entities | — |  |  | 1,621 |  |  | — |  |  | — |  |  | 1,621 |
Advances to/from subsidiaries | 148,081 |  |  | — |  |  | 39 |  |  | (148,120 | ) |  | — |
Net cash provided by (used in) investing activities | 148,081 |  |  | (13,783 | ) |  | 39 |  |  | (148,120 | ) |  | (13,783 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | (253,046 | ) |  | (12,437 | ) |  | — |  |  | — |  |  | (265,483 | )
Proceeds from issuance of new debt | 250,000 |  |  | — |  |  | — |  |  | — |  |  | 250,000 |
Repayment of borrowing from credit facility | (25,000 | ) |  | — |  |  | — |  |  | — |  |  | (25,000 | )
Borrowing from credit facility | 25,000 |  |  | — |  |  | — |  |  | — |  |  | 25,000 |
Debt issuance costs | (4,919 | ) |  | — |  |  | — |  |  | — |  |  | (4,919 | )
Other financing activities | (391 | ) |  | — |  |  | — |  |  | — |  |  | (391 | )
Advances to/from subsidiaries | — |  |  | (145,459 | ) |  |  |  | 145,459 |  |  | — |
Net cash used in financing activities | (8,356 | ) |  | (157,896 | ) |  | — |  |  | 145,459 |  |  | (20,793 | )
Increase (decrease) in cash and cash equivalents | 65,679 |  |  | (1,550 | ) |  | (135 | ) |  | (2,661 | ) |  | 61,333 |
Cash, cash equivalents and restricted cash at beginning of period | 228,512 |  |  | 18,405 |  |  | 859 |  |  | (4,500 | ) |  | 243,276 |
Cash, cash equivalents and restricted cash at end of period | $ | 294,191 |  |  | $ | 16,855 |  |  | $ | 724 |  |  | $ | (7,161 | ) |  | $ | 304,609 |
Fiscal Year Ended September 30, 2016 |  |  |  |  |  |  |  |  |
Net cash (used in) provided by operating activities | $ | (56,218 | ) |  | $ | 219,401 |  |  | $ | (158 | ) |  | $ | — |  |  | $ | 163,025 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (12,219 | ) |  | — |  |  | — |  |  | (12,219 | )
Proceeds from sale of fixed assets | — |  |  | 2,624 |  |  | — |  |  | — |  |  | 2,624 |
Investments in unconsolidated entities | — |  |  | (4,241 | ) |  | — |  |  | — |  |  | (4,241 | )
Return of capital from unconsolidated entities | — |  |  | 1,142 |  |  | — |  |  | — |  |  | 1,142 |
Advances to/from subsidiaries | 203,690 |  |  | — |  |  | 11 |  |  | (203,701 | ) |  | — |
Net cash provided by (used in) investing activities | 203,690 |  |  | (12,694 | ) |  | 11 |  |  | (203,701 | ) |  | (12,694 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | (819,044 | ) |  | (9,177 | ) |  | — |  |  | — |  |  | (828,221 | )
Proceeds from issuance of new debt | 642,150 |  |  | — |  |  | — |  |  | — |  |  | 642,150 |
Borrowing from credit facility | 90,000 |  |  | — |  |  | — |  |  | — |  |  | 90,000 |
Repayment of borrowing from credit facility | (90,000 | ) |  | — |  |  | — |  |  | — |  |  | (90,000 | )
Debt issuance costs | (11,246 | ) |  | — |  |  | — |  |  | — |  |  | (11,246 | )
Other financing activities | (222 | ) |  | — |  |  | — |  |  | — |  |  | (222 | )
Advances to/from subsidiaries | — |  |  | (202,393 | ) |  | — |  |  | 202,393 |  |  | — |
Net cash used in financing activities | (188,362 | ) |  | (211,570 | ) |  | — |  |  | 202,393 |  |  | (197,539 | )
Decrease in cash and cash equivalents | (40,890 | ) |  | (4,863 | ) |  | (147 | ) |  | (1,308 | ) |  | (47,208 | )
Cash, cash equivalents and restricted cash at beginning of period | 269,402 |  |  | 23,268 |  |  | 1,006 |  |  | (3,192 | ) |  | 290,484 |
Cash, cash equivalents and restricted cash at end of period | $ | 228,512 |  |  | $ | 18,405 |  |  | $ | 859 |  |  | $ | (4,500 | ) |  | $ | 243,276 |

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