Schedule of Segment Reporting Information, by Segment |
Financial information relating to our reportable segments is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2024 | | 2023 | | 2024 | | 2023 | Revenues: | | | | | | | | | Central | | $ | 164,439 | | | $ | 183,615 | | | $ | 441,609 | | | $ | 564,580 | | Southeast | | 155,205 | | | 149,593 | | | 407,068 | | | 397,618 | | Northwest | | 83,061 | | | 67,666 | | | 187,253 | | | 212,885 | | West | | 150,646 | | | 94,950 | | | 351,880 | | | 256,575 | | Florida | | 98,503 | | | 121,715 | | | 257,392 | | | 318,508 | | Total home sales revenues | | $ | 651,854 | | | $ | 617,539 | | | $ | 1,645,202 | | | $ | 1,750,166 | | | | | | | | | | | Net income (loss) before income taxes: | | | | | | | | | Central | | $ | 21,828 | | | $ | 32,172 | | | $ | 46,985 | | | $ | 69,521 | | Southeast | | 27,565 | | | 26,786 | | | 67,552 | | | 54,166 | | Northwest | | 12,338 | | | 9,432 | | | 19,606 | | | 23,194 | | West | | 20,966 | | | 9,368 | | | 40,882 | | | 15,162 | | Florida | | 9,738 | | | 15,579 | | | 19,588 | | | 37,077 | | Corporate (1) | | (583) | | | (3,888) | | | (2,784) | | | (5,914) | | Total net income before income taxes | | $ | 91,852 | | | $ | 89,449 | | | $ | 191,829 | | | $ | 193,206 | |
(1)The Corporate balance consists of general and administration unallocated costs for various shared service functions offset by non-strategic other income, as well as our warranty reserve. Actual warranty expenses are reflected within the reportable segments.
| | | | | | | | | | | | | | | | | September 30, 2024 | | December 31, 2023 | Assets: | | | | | Central | | $ | 1,110,352 | | | $ | 1,026,303 | | Southeast | | 735,104 | | | 664,877 | | Northwest | | 577,968 | | | 528,319 | | West | | 769,167 | | | 671,558 | | Florida | | 508,058 | | | 420,286 | | Corporate (1) | | 125,184 | | | 96,508 | | Total assets | | $ | 3,825,833 | | | $ | 3,407,851 | |
(1)The Corporate balance consists primarily of forward commitments and investments in unconsolidated entities.
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