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Segment Information (Tables)
9 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following information is in thousands:

 
Three Months Ended
 
Nine Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Revenue
 
 
 
 
 
 
 
West
$
99,092

 
$
55,502

 
$
247,726

 
$
131,841

East
98,930

 
77,895

 
255,940

 
186,527

Southeast
56,328

 
39,288

 
129,966

 
88,985

Pre-Owned
205

 
144

 
1,114

 
144

Continuing Operations
$
254,555

 
$
172,829

 
$
634,746

 
$
407,497


 
Three Months Ended
 
Nine Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Operating income/(loss)
 
 
 
 
 
 
 
West
$
2,719

 
$
(2,542
)
 
$
5,505

 
$
(28,567
)
East
197

 
1,905

 
344

 
1,462

Southeast
3,339

 
(3,381
)
 
5,304

 
(4,194
)
Pre-Owned
(29
)
 
(75
)
 
(229
)
 
(318
)
Segment total
6,226

 
(4,093
)
 
10,924

 
(31,617
)
Corporate and unallocated (a)
(27,381
)
 
(31,146
)
 
(66,472
)
 
(76,465
)
Total operating loss
(21,155
)
 
(35,239
)
 
(55,548
)
 
(108,082
)
Equity in income (loss) of unconsolidated entities
48

 
63

 
(25
)
 
372

Gain (loss) on extinguishment of debt

 
95

 
(2,747
)
 
(2,909
)
Other expense, net (d)
(16,804
)
 
(17,085
)
 
(53,342
)
 
(46,616
)
Loss from continuing operations before income taxes
$
(37,911
)
 
$
(52,166
)
 
$
(111,662
)
 
$
(157,235
)

 
Three Months Ended
 
Nine Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Depreciation and amortization
 
 
 
 
 
 
 
West
$
1,685

 
$
1,160

 
$
3,555

 
$
2,282

East
728

 
544

 
2,038

 
1,517

Southeast
486

 
222

 
1,199

 
473

Pre-Owned
57

 
12

 
330

 
13

Segment total
2,956

 
1,938

 
7,122

 
4,285

Corporate and unallocated (a)
787

 
722

 
2,214

 
2,342

Continuing Operations
$
3,743

 
$
2,660

 
$
9,336

 
$
6,627


 
Nine Months Ended
 
June 30,
 
2012
 
2011
Capital Expenditures
 
 
 
West
$
2,131

 
$
3,197

East
2,890

 
1,720

Southeast
1,620

 
1,189

Pre-Owned (b)
7,932

 
4,801

Corporate and unallocated
544

 
1,227

Consolidated total
$
15,117

 
$
12,134


 
June 30, 2012
 
September 30, 2011
Assets
 
 
 
West
$
639,744

 
$
649,057

East
359,526

 
372,984

Southeast
180,240

 
162,135

Pre-Owned (b)

 
12,315

Corporate and unallocated (c)
647,238

 
780,986

Consolidated total
$
1,826,748

 
$
1,977,477


(a)
Corporate and unallocated includes amortization of capitalized interest and numerous shared services functions that benefit all segments, the costs of which are not allocated to the operating segments reported above including information technology, national sourcing and purchasing, treasury, corporate finance, legal, branding and other national marketing costs. For the nine months ended June 30, 2012, corporate and unallocated also includes an $11 million recovery related to old water intrusion warranty and related legal expenditures.
(b)
Pre-owned assets included the cost of previously owned homes, net of accumulated depreciation, totaling $11.3 million (120 homes) as of September 30, 2011. Capital expenditures represent the purchase of previously owned homes through May 2, 2012 and June 30, 2011, respectively.
(c)
Primarily consists of cash and cash equivalents, consolidated inventory not owned, deferred taxes, capitalized interest and other items that are not allocated to the segments.
(d)
The nine months ended June 30, 2011, includes a $6.8 million benefit related to the cash reimbursement from our former CEO in connection with his consent agreement with the Securities and Exchange Commission.