Forestar (FOR) 8-K Results of Operations and Financial Condition

Exhibit 99.1

Unaudited Selected Preliminary Forestar Financial Information

as presented in the Segment Information tables

in D.R. Horton’s Q1 FY 2018 press release issued 1/31/18

	December 31, 2017
Assets
Cash and cash equivalents	$	321.8
Restricted cash		40.0
Residential land and lot inventories - developed, under development, held for development and held for sale		315.0
Investment in unconsolidated entities		65.1
Deferred income taxes		2.5
Property and equipment, net		2.0
Other assets		18.4
	$	764.8
Liabilities
Accounts payable	$	2.4
Accrued expenses and other liabilities		45.5
Notes payable		108.4
	$	156.3

	For the Period from October 5, 2017 to December 31, 2017
Revenues	$	30.8
Cost of sales		19.3
Selling, general and administrative expense		13.6
Equity in earnings of unconsolidated entities		(7.6	)
Interest expense		2.1
Other (income) expense		(0.6	)
Income before income taxes	$	4.0
Summary Cash Flow Information:
Cash used in operating activities	$	(36.2	)