Segment Information (Tables)

9 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information

The following tables contain our revenue, operating income, and depreciation and amortization by segment for the periods presented:

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
in thousands	2022		2021		2022		2021
Revenue
West	$	324,679	$	297,073	$	885,837	$	812,673
East	112,519		162,156		359,623		413,691
Southeast	89,468		111,703		243,861		322,996
Total revenue	$	526,666	$	570,932	$	1,489,321	$	1,549,360

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
in thousands	2022		2021		2022		2021
Operating income
West	$	65,106	$	52,295	$	165,933	$	128,086
East	20,935		27,437		64,866		61,254
Southeast	14,476		14,981		32,683		40,363
Segment total	100,517		94,713		263,482		229,703
Corporate and unallocated (a)	(33,278)		(46,020)		(100,693)		(129,704)
Total operating income	$	67,239	$	48,693	$	162,789	$	99,999

(a) 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.

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
in thousands	2022		2021		2022		2021
Depreciation and amortization
West	$	2,067	$	1,924	$	5,476	$	5,397
East	311		602		1,113		1,648
Southeast	371		628		1,144		1,899
Segment total	2,749		3,154		7,733		8,944
Corporate and unallocated (a)	440		535		1,368		1,550
Total depreciation and amortization	$	3,189	$	3,689	$	9,101	$	10,494

(a) Corporate and unallocated depreciation and amortization represents depreciation and amortization related to assets held by our corporate functions that benefit all segments.

The following table presents capital expenditures by segment for the periods presented:

	Nine Months Ended
	June 30,
in thousands	2022		2021
Capital expenditures
West	$	6,353	$	4,359
East	723		1,334
Southeast	843		987
Corporate and unallocated	3,273		3,639
Total capital expenditures	$	11,192	$	10,319

The following table presents assets by segment as of June 30, 2022 and September 30, 2021:

in thousands	June 30, 2022		September 30, 2021
Assets
West	$	1,026,635	$	819,317
East	361,148		286,133
Southeast	347,640		296,581
Corporate and unallocated (a)	482,977		676,779
Total assets	$	2,218,400	$	2,078,810

(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.