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Supplemental Guarantor Information (Tables) | 3 Months Ended
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Dec. 31, 2017
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, 2017 (In thousands)
| Beazer Homes USA, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated Beazer Homes USA, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 180,282 |  |  | $ | 3,047 |  |  | $ | 730 |  |  | $ | (6,247 | ) |  | $ | 177,812 |
Restricted cash | 10,941 |  |  | 1,141 |  |  | — |  |  | — |  |  | 12,082 |
Accounts receivable (net of allowance of $329) | — |  |  | 31,804 |  |  | — |  |  | — |  |  | 31,804 |
Income tax receivable | 88 |  |  | — |  |  | — |  |  | — |  |  | 88 |
Owned inventory | — |  |  | 1,626,721 |  |  | — |  |  | — |  |  | 1,626,721 |
Investments in unconsolidated entities | 773 |  |  | 3,504 |  |  | — |  |  | — |  |  | 4,277 |
Deferred tax assets, net | 200,101 |  |  | — |  |  | — |  |  | — |  |  | 200,101 |
Property and equipment, net | — |  |  | 18,742 |  |  | — |  |  | — |  |  | 18,742 |
Investments in subsidiaries | 710,741 |  |  | — |  |  | — |  |  | (710,741 | ) |  | — |
Intercompany | 796,658 |  |  | — |  |  | 2,331 |  |  | (798,989 | ) |  | — |
Other assets | 908 |  |  | 5,447 |  |  | — |  |  | — |  |  | 6,355 |
Total assets | $ | 1,900,492 |  |  | $ | 1,690,406 |  |  | $ | 3,061 |  |  | $ | (1,515,977 | ) |  | $ | 2,077,982 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Trade accounts payable | $ | — |  |  | $ | 97,535 |  |  | $ | — |  |  | $ | — |  |  | $ | 97,535 |
Other liabilities | 25,025 |  |  | 77,882 |  |  | 250 |  |  | — |  |  | 103,157 |
Intercompany | 2,331 |  |  | 802,905 |  |  | — |  |  | (805,236 | ) |  | — |
Total debt (net of premium and debt issuance costs) | 1,320,355 |  |  | 4,154 |  |  | — |  |  | — |  |  | 1,324,509 |
Total liabilities | 1,347,711 |  |  | 982,476 |  |  | 250 |  |  | (805,236 | ) |  | 1,525,201 |
Stockholders’ equity | 552,781 |  |  | 707,930 |  |  | 2,811 |  |  | (710,741 | ) |  | 552,781 |
Total liabilities and stockholders’ equity | $ | 1,900,492 |  |  | $ | 1,690,406 |  |  | $ | 3,061 |  |  | $ | (1,515,977 | ) |  | $ | 2,077,982 |
Beazer Homes USA, Inc. Unaudited Condensed Consolidating Balance Sheet Information September 30, 2017 (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 premium 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 |
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, 2017 |  |  |  |  |  |  |  |  |
Total revenue | $ | — |  |  | $ | 372,489 |  |  | $ | 14 |  |  | $ | (14 | ) |  | $ | 372,489 |
Home construction and land sales expenses | 16,468 |  |  | 295,206 |  |  | — |  |  | (14 | ) |  | 311,660 |
Gross (loss) profit | (16,468 | ) |  | 77,283 |  |  | 14 |  |  | — |  |  | 60,829 |
Commissions | — |  |  | 14,356 |  |  | — |  |  | — |  |  | 14,356 |
General and administrative expenses | — |  |  | 37,244 |  |  | 41 |  |  | — |  |  | 37,285 |
Depreciation and amortization | — |  |  | 2,507 |  |  | — |  |  | — |  |  | 2,507 |
Operating (loss) income | (16,468 | ) |  | 23,176 |  |  | (27 | ) |  | — |  |  | 6,681 |
Equity in loss of unconsolidated entities | — |  |  | (101 | ) |  | — |  |  | — |  |  | (101 | )
Loss on extinguishment of debt | (25,904 | ) |  | — |  |  | — |  |  | — |  |  | (25,904 | )
Other (expense) income, net | (3,435 | ) |  | 296 |  |  | (6 | ) |  | — |  |  | (3,145 | )
(Loss) income before income taxes | (45,807 | ) |  | 23,371 |  |  | (33 | ) |  | — |  |  | (22,469 | )
(Benefit) expense from income taxes | (12,185 | ) |  | 120,303 |  |  | (12 | ) |  | — |  |  | 108,106 |
Equity in income of subsidiaries | (96,953 | ) |  | — |  |  | — |  |  | 96,953 |  |  | — |
Loss from continuing operations | (130,575 | ) |  | (96,932 | ) |  | (21 | ) |  | 96,953 |  |  | (130,575 | )
Loss from discontinued operations | — |  |  | (369 | ) |  | (3 | ) |  | — |  |  | (372 | )
Equity in loss of subsidiaries from discontinued operations | (372 | ) |  | — |  |  | — |  |  | 372 |  |  | — |
Net loss and comprehensive loss | $ | (130,947 | ) |  | $ | (97,301 | ) |  | $ | (24 | ) |  | $ | 97,325 |  |  | $ | (130,947 | )
| 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 (loss) profit | (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 (loss) income | (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 | )
(Loss) income before income taxes | (20,896 | ) |  | 16,985 |  |  | 12 |  |  | — |  |  | (3,899 | )
(Benefit) expense from income taxes | (7,569 | ) |  | 5,025 |  |  | 4 |  |  | — |  |  | (2,540 | )
Equity in income of subsidiaries | 11,968 |  |  | — |  |  | — |  |  | (11,968 | ) |  | — |
(Loss) income 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 (loss) income and comprehensive (loss) income | $ | (1,429 | ) |  | $ | 11,893 |  |  | $ | 5 |  |  | $ | (11,898 | ) |  | $ | (1,429 | )
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, 2017 |  |  |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 91,465 |  |  | $ | (193,721 | ) |  | $ | 32 |  |  | $ | — |  |  | $ | (102,224 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (3,702 | ) |  | — |  |  | — |  |  | (3,702 | )
Proceeds from sale of fixed assets | — |  |  | 84 |  |  | — |  |  | — |  |  | 84 |
Investments in unconsolidated entities | — |  |  | (421 | ) |  | — |  |  | — |  |  | (421 | )
Advances to/from subsidiaries | (187,451 | ) |  | — |  |  | (26 | ) |  | 187,477 |  |  | — |
Net cash used in investing activities | (187,451 | ) |  | (4,039 | ) |  | (26 | ) |  | 187,477 |  |  | (4,039 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of debt | (400,012 | ) |  | (1,469 | ) |  | — |  |  | — |  |  | (401,481 | )
Proceeds from issuance of new debt | 400,000 |  |  | — |  |  | — |  |  | — |  |  | 400,000 |
Debt issuance costs | (5,649 | ) |  | — |  |  | — |  |  | — |  |  | (5,649 | )
Advances to/from subsidiaries | — |  |  | 186,563 |  |  | — |  |  | (186,563 | ) |  | — |
Other financing activities | (1,322 | ) |  | — |  |  | — |  |  | — |  |  | (1,322 | )
Net cash (used in) provided by financing activities | (6,983 | ) |  | 185,094 |  |  | — |  |  | (186,563 | ) |  | (8,452 | )
(Decrease) increase in cash, cash equivalents and restricted cash | (102,969 | ) |  | (12,666 | ) |  | 6 |  |  | 914 |  |  | (114,715 | )
Cash, cash equivalents and restricted cash at beginning of period | 294,192 |  |  | 16,854 |  |  | 724 |  |  | (7,161 | ) |  | 304,609 |
Cash, cash equivalents and restricted cash at end of period | $ | 191,223 |  |  | $ | 4,188 |  |  | $ | 730 |  |  | $ | (6,247 | ) |  | $ | 189,894 |
| 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 |
Advances to/from subsidiaries | (50,314 | ) |  | — |  |  | — |  |  | 50,314 |  |  | — |
Net cash used in investing activities | (50,314 | ) |  | (2,604 | ) |  | — |  |  | 50,314 |  |  | (2,604 | )
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, cash equivalents and restricted cash | (53,943 | ) |  | (12,833 | ) |  | (6 | ) |  | (1,908 | ) |  | (68,690 | )
Cash, cash equivalents and restricted cash at beginning of period | 228,513 |  |  | 18,404 |  |  | 859 |  |  | (4,500 | ) |  | 243,276 |
Cash, cash equivalents and restricted cash at end of period | $ | 174,570 |  |  | $ | 5,571 |  |  | $ | 853 |  |  | $ | (6,408 | ) |  | $ | 174,586 |

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