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Segment Information | 12 Months Ended
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Sep. 30, 2014
Segment Reporting [Abstract] |
Segment Information | Segment Information We have three homebuilding segments operating in 16 states. Beginning in the second quarter of fiscal 2011, through May 2, 2012, we operated our Pre-Owned business in Arizona and Nevada. The results below include operating results of our Pre-Owned segment through May 2, 2012. Effective May 3, 2012, we contributed our Pre-Owned business for an investment in an unconsolidated entity (see Note 3 for additional information). Revenues in our homebuilding segments are derived from the sale of homes which we construct and from land and lot sales. Revenues from our Pre-Owned segment were derived from the rental of previously owned homes purchased and improved by the Company. Our reportable segments have been determined on a basis that is used internally by management for evaluating segment performance and resource allocations. The reportable homebuilding segments and all other homebuilding operations, not required to be reported separately, include operations conducting business in the following states: West: Arizona, California, Nevada and Texas East: Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee (Nashville) and Virginia Southeast: Florida, Georgia, North Carolina (Raleigh) and South Carolina Management’s evaluation of segment performance is based on segment operating income. Operating income for our homebuilding segments is defined as homebuilding, land sale and other revenues less home construction, land development and land sales expense, commission expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to our homebuilding segments. Operating income for our Pre-Owned segment was defined as rental revenues less home repairs and operating expenses, home sales expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to the segment. The accounting policies of our segments are those described in Note 1 above.
| Fiscal Year Ended September 30,
(In thousands) | 2014 |  | 2013 |  | 2012
Revenue |  |  |  |  |
West | $ | 556,741 |  |  | $ | 547,636 |  |  | $ | 391,648 |
East | 552,082 |  |  | 483,685 |  |  | 402,466 |
Southeast | 354,944 |  |  | 256,256 |  |  | 210,449 |
Pre-Owned | — |  |  | — |  |  | 1,114 |
Continuing Operations | $ | 1,463,767 |  |  | $ | 1,287,577 |  |  | $ | 1,005,677 |
| Fiscal Year Ended September 30,
(In thousands) | 2014 |  | 2013 |  | 2012
Operating income (loss) |  |  |  |  |
West | $ | 65,442 |  |  | $ | 59,084 |  |  | $ | 15,147 |
East | 48,127 |  |  | 40,670 |  |  | 9,152 |
Southeast | 31,854 |  |  | 23,030 |  |  | 14,815 |
Pre-Owned | — |  |  | — |  |  | (229 | )
Segment total | 145,423 |  |  | 122,784 |  |  | 38,885 |
Corporate and unallocated (a) | (89,734 | ) |  | (95,523 | ) |  | (100,943 | )
Total operating income (loss) | $ | 55,689 |  |  | $ | 27,261 |  |  | $ | (62,058 | )
| Fiscal Year Ended September 30,
(In thousands) | 2014 |  | 2013 |  | 2012
Depreciation and amortization |  |  |  |  |
West | $ | 5,722 |  |  | $ | 5,305 |  |  | $ | 4,980 |
East | 3,447 |  |  | 3,479 |  |  | 3,536 |
Southeast | 2,075 |  |  | 1,683 |  |  | 1,710 |
Pre-Owned | — |  |  | — |  |  | 330 |
Segment total | 11,244 |  |  | 10,467 |  |  | 10,556 |
Corporate and unallocated (a) | 2,035 |  |  | 2,317 |  |  | 2,954 |
Continuing Operations | $ | 13,279 |  |  | $ | 12,784 |  |  | $ | 13,510 |
| Fiscal Year Ended September 30,
(In thousands) | 2014 |  | 2013 |  | 2012
Capital Expenditures |  |  |  |  |
West | $ | 6,660 |  |  | $ | 4,835 |  |  | $ | 3,031 |
East | 3,050 |  |  | 1,915 |  |  | 3,532 |
Southeast | 2,979 |  |  | 1,311 |  |  | 1,814 |
Pre-Owned (b) | — |  |  | — |  |  | 7,933 |
Corporate and unallocated | 1,864 |  |  | 2,700 |  |  | 1,053 |
Consolidated total | $ | 14,553 |  |  | $ | 10,761 |  |  | $ | 17,363 |
(In thousands) | September 30, 2014 |  | September 30, 2013
Assets |  |  |
West | $ | 756,575 |  |  | $ | 680,346 |
East | 433,032 |  |  | 369,937 |
Southeast | 299,215 |  |  | 228,814 |
Corporate and unallocated (c) | 577,398 |  |  | 707,692 |
Consolidated total | $ | 2,066,220 |  |  | $ | 1,986,789 |
(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, treasury, corporate finance, legal, branding and other national marketing costs. For the fiscal year ended September 30, 2012, corporate and unallocated also includes an $11 million recovery related to old water intrusion warranty and related legal expenditures.
(b) | Capital expenditures represent the purchase of previously owned homes through May 2, 2012.
(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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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