Forestar Group Inc (FOR) financial statements (2022 and earlier)
Company profile
| Business Address |
2221 E. LAMAR BLVD. ARLINGTON, TX 76006 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 65 - Real Estate (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 237 | 394 | 383 | 322 | 266 | 96 | 170 | ||
| Cash and cash equivalents | 237 | 394 | 383 | 322 | 266 | 96 | 170 | ||
| Receivables | (0) | (0) | (0) | (0) | |||||
| Disposal group, including discontinued operation | 0 | ||||||||
| Total current assets: | 237 | 394 | 383 | 322 | 266 | 96 | 170 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5 | ✕ | ✕ | ✕ | ✕ | ||||
| Inventory, real estate | 1,541 | 1,310 | 1,053 | 130 | 293 | 587 | 576 | ||
| Property, plant and equipment | 2 | 1 | 2 | 2 | 3 | 11 | 12 | ||
| Oil and gas property, successful effort method | 81 | 263 | |||||||
| Long-term investments and receivables | 1 | 4 | 7 | 65 | 78 | 82 | 65 | ||
| Long-term investments | 1 | 4 | 7 | 65 | 78 | 82 | 65 | ||
| Intangible assets, net (including goodwill) | 0 | 38 | 63 | 66 | |||||
| Goodwill | 38 | 61 | 63 | ||||||
| Intangible assets, net (excluding goodwill) | 0 | 2 | 3 | ||||||
| Total noncurrent assets: | 1,548 | 1,314 | 1,062 | 197 | 412 | 824 | 982 | ||
| Other undisclosed assets | 23 | 31 | 11 | 243 | 56 | 61 | 106 | ||
| TOTAL ASSETS: | 1,809 | 1,740 | 1,456 | 762 | 733 | 981 | 1,258 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Deferred revenue | 0 | ✕ | ✕ | ✕ | ✕ | ||||
| Due to related parties | 8 | 2 | |||||||
| Total current liabilities: | 9 | 2 | |||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 8 | 6 | |||||||
| Deferred income tax liabilities | 8 | 6 | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 8 | 6 | |||||||
| Other undisclosed liabilities | 907 | 854 | 645 | 156 | 171 | 476 | 548 | ||
| Total liabilities: | 915 | 868 | 647 | 156 | 171 | 476 | 548 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 893 | 871 | 808 | 604 | 561 | 502 | 707 | ||
| Common stock | 48 | 48 | 48 | 42 | 45 | 37 | 37 | ||
| Treasury stock, value | (50) | (51) | (56) | ||||||
| Additional paid in capital | 604 | 604 | 602 | 506 | 553 | 562 | 559 | ||
| Retained earnings (accumulated deficit) | 241 | 219 | 158 | 56 | 13 | (46) | 167 | ||
| Stockholders' equity attributable to noncontrolling interest | 1 | 1 | 1 | 1 | 1 | 3 | 3 | ||
| Total stockholders' equity: | 894 | 872 | 809 | 606 | 562 | 504 | 710 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,809 | 1,740 | 1,456 | 762 | 733 | 981 | 1,258 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 992 | 932 | 428 | 114 | 197 | 262 | 307 | |
| Revenue, net | ✕ | ✕ | ✕ | 114 | 197 | 262 | 307 | |
| Cost of revenue | (860) | (814) | (363) | (223) | (336) | (342) | (259) | |
| Cost of goods and services sold | (860) | (814) | (363) | (103) | (148) | (277) | (256) | |
| Gross profit: | 132 | 118 | 66 | (109) | (138) | (80) | 48 | |
| Operating expenses | (51) | (46) | (26) | 35 | 112 | (86) | (59) | |
| Other undisclosed operating income | 113 | 167 | 1 | 50 | ||||
| Operating income (loss): | 81 | 73 | 40 | 40 | 140 | (165) | 39 | |
| Nonoperating income (Other Nonoperating income) | 4 | 5 | 6 | 4 | 2 | 3 | 9 | |
| Interest and debt expense | (9) | (56) | (34) | (30) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 85 | 77 | 45 | 34 | 86 | (196) | 17 | |
| Income from equity method investments | 1 | 1 | 1 | 18 | 6 | 16 | 9 | |
| Income (loss) from continuing operations before income taxes: | 85 | 78 | 46 | 52 | 92 | (180) | 26 | |
| Income tax expense | (18) | (16) | (9) | (46) | (15) | (33) | (9) | |
| Income (loss) from continuing operations: | 67 | 62 | 36 | 6 | 77 | (212) | 17 | |
| Income (loss) from discontinued operations | 46 | (3) | ||||||
| Income (loss) before gain (loss) on sale of properties: | 67 | 62 | 36 | 53 | 74 | (212) | 17 | |
| Other undisclosed net loss | (0) | (14) | ||||||
| Net income (loss): | 67 | 62 | 36 | 52 | 60 | (212) | 17 | |
| Net loss attributable to noncontrolling interest | (1) | (1) | (3) | (2) | (2) | (1) | (1) | |
| Net income (loss) attributable to parent: | 66 | 61 | 33 | 50 | 59 | (213) | 17 | |
| Other undisclosed net income (loss) available to common stockholders, basic | (46) | 3 | (3) | |||||
| Net income (loss) available to common stockholders, basic: | 66 | 61 | 33 | 4 | 62 | (213) | 14 | |
| Other undisclosed net income available to common stockholders, diluted | 13 | 3 | ||||||
| Net income (loss) available to common stockholders, diluted: | 66 | 61 | 33 | 4 | 76 | (213) | 17 | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 67 | 62 | 36 | 52 | 60 | (212) | 17 | |
| Comprehensive income (loss): | 67 | 62 | 36 | 52 | 60 | (212) | 17 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (1) | (3) | (2) | (2) | (1) | (1) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 66 | 61 | 33 | 50 | 59 | (213) | 17 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.