| Reportable Segment Information |
The following table summarizes our information for reportable segments for the three and six months ended June 30, 2018 and 2017 (in thousands):
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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2018
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2017
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2018
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2017
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Operating income:
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Florida
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Revenues:
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Homebuilding
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$
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74,140
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$
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79,112
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$
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132,243
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$
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149,599
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Amenity and other
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4,289
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4,125
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9,107
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8,762
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Land sales
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615
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—
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2,660
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1,469
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Total revenues
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79,044
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83,237
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144,010
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159,830
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Expenses:
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Homebuilding cost of revenue
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58,540
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62,640
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103,617
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118,634
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Homebuilding selling, general and administrative
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9,313
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9,106
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18,415
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18,404
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Amenity and other
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4,088
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3,548
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9,310
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7,855
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Land sales
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207
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—
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438
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196
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Segment operating income
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$
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6,896
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$
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7,943
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$
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12,230
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$
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14,741
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Carolinas
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Revenues:
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Homebuilding
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$
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76,119
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$
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82,517
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$
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130,023
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$
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129,362
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Land sales
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—
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—
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—
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782
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Total revenues
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76,119
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82,517
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130,023
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130,144
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Expenses:
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Homebuilding cost of revenue
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65,470
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70,048
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113,633
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110,181
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Homebuilding selling, general and administrative
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8,173
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9,140
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15,130
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14,163
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Land sales
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—
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—
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—
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786
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Segment operating income
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$
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2,476
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$
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3,329
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$
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1,260
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$
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5,014
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Arizona
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Revenues:
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Homebuilding
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$
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39,736
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$
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35,255
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$
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64,982
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$
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66,583
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Land sales
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—
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185
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—
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185
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Total revenue
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39,736
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35,440
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64,982
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66,768
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Expenses:
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Homebuilding cost of revenue
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32,698
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29,912
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53,832
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56,650
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Homebuilding selling, general and administrative
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4,269
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3,782
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7,394
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7,153
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Amenity and other
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18
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18
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40
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41
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Land sales
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—
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180
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—
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180
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Segment operating income
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$
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2,751
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$
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1,548
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$
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3,716
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$
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2,744
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Texas
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Revenues:
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Homebuilding
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$
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8,661
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$
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—
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$
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16,553
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$
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—
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Total revenue
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8,661
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—
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16,553
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—
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Expenses:
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Homebuilding cost of revenue
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7,347
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—
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13,950
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—
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Homebuilding selling, general and administrative
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1,954
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—
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3,541
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—
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Segment operating loss
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$
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(640)
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$
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—
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$
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(938)
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$
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—
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Operating income
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$
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11,483
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$
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12,820
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$
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16,268
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$
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22,499
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Unallocated income (expenses):
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Interest income and other
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581
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253
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850
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258
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Corporate general and administrative expenses
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(5,009)
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(4,986)
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(9,753)
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(9,665)
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Loss on extinguishment of debt
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—
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(2,933)
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—
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(2,933)
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Interest expense
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(3,012)
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(3,685)
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(6,403)
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(4,522)
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Income before income taxes
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4,043
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1,469
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962
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5,637
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Income tax expense
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1,044
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822
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306
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2,551
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Net income
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$
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2,999
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$
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647
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$
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656
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$
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3,086
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