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Segment Information (Tables)
6 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following table presents capital expenditures by segment for the periods presented:
 
Six Months Ended
 
March 31,
in thousands
2020
 
2019
Capital Expenditures
 
 
 
West
$
2,667

 
$
5,338

East
1,136

 
1,286

Southeast
1,310

 
2,055

Corporate and unallocated
365

 
2,829

Total capital expenditures
$
5,478

 
$
11,508

The following table presents assets by segment as of March 31, 2020 and September 30, 2019:
in thousands
March 31, 2020
 
September 30, 2019
Assets
 
 
 
West
$
780,130

 
$
751,110

East
308,095

 
286,340

Southeast
371,731

 
359,431

Corporate and unallocated (a)
779,039

 
560,763

Total assets
$
2,238,995

 
$
1,957,644


(a) Primarily consists of cash and cash equivalents, restricted cash, deferred taxes, capitalized interest and indirect costs, and other items that are not allocated to the segments.
The following tables contain our revenue, operating income, and depreciation and amortization by segment for the periods presented:
 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2020
 
2019
 
2020
 
2019
Revenue
 
 
 
 
 
 
 
West
$
267,731

 
$
210,430

 
$
522,129

 
$
419,374

East
110,941

 
94,066

 
188,981

 
182,812

Southeast
110,741

 
116,764

 
196,107

 
221,114

Total revenue
$
489,413

 
$
421,260

 
$
907,217

 
$
823,300

 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2020
 
2019
 
2020
 
2019
Operating income (loss) (a)
 
 
 
 
 
 
 
West
$
33,223

 
$
(107,018
)
 
$
63,554

 
$
(82,757
)
East
11,513

 
6,929

 
16,834

 
12,324

Southeast
8,814

 
7,324

 
11,970

 
8,704

Segment total
53,550

 
(92,765
)
 
92,358

 
(61,729
)
Corporate and unallocated (b)
(37,126
)
 
(46,185
)
 
(71,988
)
 
(73,715
)
Total operating income (loss)
$
16,424

 
$
(138,950
)
 
$
20,370

 
$
(135,444
)
 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2020
 
2019
 
2020
 
2019
Depreciation and amortization
 
 
 
 
 
 
 
West
$
1,851

 
$
1,263

 
$
3,659

 
$
2,541

East
551

 
547

 
1,105

 
1,085

Southeast
700

 
731

 
1,240

 
1,341

Segment total
3,102

 
2,541

 
6,004

 
4,967

Corporate and unallocated (b)
525

 
359

 
1,050

 
703

Total depreciation and amortization
$
3,627

 
$
2,900

 
$
7,054

 
$
5,670

(a) Operating income (loss) is impacted by impairment and abandonment charges incurred during the periods presented (see Note 5). For the three and six months ended March 31, 2019, we recognized $92.9 million inventory impairment charge related to nine communities within our West segment. For the six months ended March 31, 2019, we recognized $0.9 million inventory impairment charge related to one community within our Southeast segment.
(b) Corporate and unallocated operating loss includes amortization of capitalized interest, movement in capitalized indirect costs, expenses related to numerous shared services functions that benefit all segments but are not allocated to the operating segments reported above, including information technology, treasury, corporate finance, legal, branding and national marketing, and other amounts that are not allocated to our operating segments. Corporate and unallocated depreciation and amortization represents depreciation and amortization related to assets held by our corporate functions that benefit all segments. For the three and six months ended March 31, 2019, we wrote off $16.1 million capitalized interest and capitalized indirect costs associated with the nine impaired communities within our West segment. An additional $0.1 million capitalized interest and capitalized indirect costs were written off during the six months ended March 31, 2019 relating to the one impaired community within our Southeast segment.