| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 167,900 |
| Depreciation and amortization | 3,500 |
| Deferred income taxes | -18,700 |
| Equity in earnings of unconsolidated ventures | 600 |
| Stock-based compensation expense | 7,300 |
| Impairments and land option charges | 7,200 |
| Gain on sale of assets | 4,500 |
| Loss on extinguishment of debt | -1,200 |
| (increase) decrease in real estate | 384,800 |
| Increase in other assets | 7,400 |
| (decrease) increase in accounts payable and other accrued liabilities | -14,400 |
| (decrease) increase in accrued development costs | -12,800 |
| Increase (decrease) in earnest money deposits on sales contracts | 21,000 |
| Net cash (used in) provided by operating activities | -197,700 |
| Expenditures for property, equipment, software and other | 2,200 |
| Return of investment in unconsolidated ventures | 900 |
| Proceeds from sale of assets | 4,500 |
| Net cash provided by investing activities | 3,200 |
| Issuance of common stock | 0 |
| Additions to debt | 780,000 |
| Repayment of debt | 680,000 |
| Deferred financing fees | 6,200 |
| Cash paid for shares withheld for taxes | 1,800 |
| Stock issued under employee benefit plans | 500 |
| Net cash provided by (used in) financing activities | 92,500 |
| (decrease) increase in cash and cash equivalents | -102,000 |
| Cash and cash equivalents at beginning of period | 481,200 |
| Cash and cash equivalents at end of period | 379,200 |
Forestar Group Inc. (FOR)
Forestar Group Inc. (FOR)