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Segment Information (Tables)
12 Months Ended
Sep. 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:
Fiscal Year Ended September 30,
in thousands202320222021
Revenue
West$1,297,005 $1,331,553 $1,118,578 
East505,844 560,747 569,835 
Southeast403,936 424,688 451,890 
Total revenue$2,206,785 $2,316,988 $2,140,303 
Fiscal Year Ended September 30,
in thousands202320222021
Operating income
West$205,850 $253,961 $181,303 
East65,021 102,146 84,630 
Southeast57,326 68,726 57,581 
Segment total328,197 424,833 323,514 
Corporate and unallocated(a)
(150,944)(152,342)(176,645)
Total operating income$177,253 $272,491 $146,869 
(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.
Fiscal Year Ended September 30,
in thousands202320222021
Depreciation and amortization
West$7,550 $8,178 $7,250 
East1,662 1,649 2,207 
Southeast1,655 1,843 2,552 
Segment total10,867 11,670 12,009 
Corporate and unallocated(a)
1,331 1,690 1,967 
Total depreciation and amortization$12,198 $13,360 $13,976 
(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:
 Fiscal Year Ended September 30,
in thousands202320222021
Capital expenditures
West$9,909 $7,755 $6,924 
East2,578 1,208 1,549 
Southeast1,452 1,215 1,447 
Corporate and unallocated6,395 4,870 4,725 
Total capital expenditures$20,334 $15,048 $14,645 
The following table presents assets by segment as of September 30, 2023 and 2022:
in thousandsSeptember 30, 2023September 30, 2022
Assets
West$994,597 $995,339 
East356,020 334,323 
Southeast320,430 305,443 
Corporate and unallocated(a)
739,986 616,858 
Total assets$2,411,033 $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.