Financial Information Relating to Company Reporting Segments |
The following tables present financial information relating to our segments (in thousands):
| | | | | | | | | | Three Months Ended February 28, | | 2015 | | 2014 | Revenues: | | | | West Coast | $ | 277,255 |
| | $ | 181,721 |
| Southwest | 65,137 |
| | 46,115 |
| Central | 159,148 |
| | 125,162 |
| Southeast | 76,348 |
| | 95,269 |
| Total homebuilding revenues | 577,888 |
| | 448,267 |
| Financial services | 2,233 |
| | 2,420 |
| Total | $ | 580,121 |
| | $ | 450,687 |
| | | | | Pretax income (loss): | | | | West Coast | $ | 21,854 |
| | $ | 18,365 |
| Southwest | 3,443 |
| | 1,285 |
| Central | 10,226 |
| | 2,776 |
| Southeast | (9,613 | ) | | 3,841 |
| Corporate and other | (17,094 | ) | | (17,066 | ) | Total homebuilding pretax income | 8,816 |
| | 9,201 |
| Financial services | 1,683 |
| | 1,562 |
| Total | $ | 10,499 |
| | $ | 10,763 |
|
| | | | | | | | | Equity in income (loss) of unconsolidated joint ventures: | | | | West Coast | $ | (220 | ) | | $ | (38 | ) | Southwest | (127 | ) | | (663 | ) | Central | — |
| | — |
| Southeast | — |
| | 3,291 |
| Total | $ | (347 | ) | | $ | 2,590 |
|
| | | | | | | | | Land option contract abandonments: | | | | West Coast | $ | — |
| | $ | — |
| Southwest | — |
| | — |
| Central | — |
| | 433 |
| Southeast | 448 |
| | — |
| Total | $ | 448 |
| | $ | 433 |
|
| | | | | | | | | | February 28, 2015 | | November 30, 2014 | Inventories: | | | | Homes under construction | | | | West Coast | $ | 542,508 |
| | $ | 536,843 |
| Southwest | 73,923 |
| | 65,647 |
| Central | 219,023 |
| | 201,164 |
| Southeast | 120,974 |
| | 124,618 |
| Subtotal | 956,428 |
| | 928,272 |
| | | | |
| | | | | | | | | | February 28, 2015 | | November 30, 2014 | Land under development | | | | West Coast | $ | 735,906 |
| | $ | 765,577 |
| Southwest | 354,578 |
| | 334,691 |
| Central | 380,992 |
| | 363,933 |
| Southeast | 261,128 |
| | 245,948 |
| Subtotal | 1,732,604 |
| | 1,710,149 |
| | | | | Land held for future development | | | | West Coast | 285,060 |
| | 294,060 |
| Southwest | 126,888 |
| | 138,367 |
| Central | 22,067 |
| | 22,957 |
| Southeast | 123,336 |
| | 124,582 |
| Subtotal | 557,351 |
| | 579,966 |
| Total | $ | 3,246,383 |
| | $ | 3,218,387 |
|
| | | | | | | | | Investments in unconsolidated joint ventures: | | | | West Coast | $ | 61,745 |
| | $ | 59,552 |
| Southwest | 9,256 |
| | 17,388 |
| Central | — |
| | — |
| Southeast | 2,501 |
| | 2,501 |
| Total | $ | 73,502 |
| | $ | 79,441 |
| | | | | Assets: | | | | West Coast | $ | 1,693,930 |
| | $ | 1,695,753 |
| Southwest | 594,416 |
| | 579,201 |
| Central | 722,388 |
| | 678,139 |
| Southeast | 539,813 |
| | 531,011 |
| Corporate and other | 1,429,165 |
| | 1,262,960 |
| Total homebuilding assets | 4,979,712 |
| | 4,747,064 |
| Financial services | 10,145 |
| | 10,486 |
| Total | $ | 4,989,857 |
| | $ | 4,757,550 |
|
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