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Segment Information (Tables)
9 Months Ended
Jun. 30, 2023
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 EndedNine Months Ended
 June 30,June 30,
in thousands2023202220232022
Revenue
West$328,347 $324,679 $933,575 $885,837 
East133,096 112,519 339,357 359,623 
Southeast111,101 89,468 288,448 243,861 
Total revenue$572,544 $526,666 $1,561,380 $1,489,321 
Three Months EndedNine Months Ended
June 30,June 30,
in thousands2023202220232022
Operating income
West$55,629 $65,106 $138,499 $165,933 
East16,415 20,935 41,921 64,866 
Southeast16,930 14,476 39,126 32,683 
Segment total88,974 100,517 219,546 263,482 
Corporate and unallocated(a)
(41,074)(33,278)(104,352)(100,693)
Total operating income$47,900 $67,239 $115,194 $162,789 
(a) 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 EndedNine Months Ended
 June 30,June 30,
in thousands2023202220232022
Depreciation and amortization
West$1,750 $2,067 $5,294 $5,476 
East402 311 1,063 1,113 
Southeast421 371 1,149 1,144 
Segment total2,573 2,749 7,506 7,733 
Corporate and unallocated(a)
334 440 934 1,368 
Total depreciation and amortization $2,907 $3,189 $8,440 $9,101 
(a) 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 thousands20232022
Capital expenditures
West$6,840 $6,353 
East1,975 723 
Southeast1,273 843 
Corporate and unallocated4,034 3,273 
Total capital expenditures$14,122 $11,192 
The following table presents assets by segment as of June 30, 2023 and September 30, 2022:
in thousandsJune 30, 2023September 30, 2022
Assets
West$961,637 $995,339 
East364,157 334,323 
Southeast315,993 305,443 
Corporate and unallocated(a)
676,811 616,858 
Total assets$2,318,598 $2,251,963 
(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.