Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment financial information relating to the Company’s operations was as follows (in thousands):



	Three Months Ended June 30, 2019			Three Months Ended June 30, 2018			Six Months Ended June 30, 2019			Six Months Ended June 30, 2018
Operating revenue (1):
California	$	167,811		$	174,453		$	353,929		$	309,265
Arizona	35,012			38,764			64,606			70,803
Nevada	34,576			46,213			72,281			95,389
Colorado	66,907			62,437			122,943			102,500
Washington (2)	59,120			85,490			103,060			141,141
Oregon	34,409			66,221			85,496			113,074
Texas	67,634			45,874			119,018			60,648
Total operating revenue	$	465,469		$	519,452		$	921,333		$	892,820

(1) Operating revenue excludes revenues generated from Financial services.
(2) Operating revenue in the Washington segment includes construction services revenue in the periods ended June 30, 2019 and 2018.


	Three Months Ended June 30, 2019			Three Months Ended June 30, 2018			Six Months Ended June 30, 2019			Six Months Ended June 30, 2018
Income before provision for income taxes (1) :
California	$	10,134		$	13,773		$	26,239		$	25,192
Arizona	3,750			4,873			6,243			7,360
Nevada	2,044			6,402			6,236			11,241
Colorado	8,210			5,617			14,234			8,781
Washington	4,693			11,030			5,755			15,342
Oregon	2,300			7,090			4,252			10,683
Texas	4,639			325			5,820			759
Corporate	(16,649		)	(14,631		)	(30,923		)	(30,409		)
Financial services, net	(834		)	533			78			1,465
Income before gain on extinguishment of debt	$	18,287		$	35,012		$	37,934		$	50,414
Corporate - Gain on extinguishment of debt	—			—			383			—
Income before provision for income taxes	$	18,287		$	35,012		$	38,317		$	50,414

(1) Balances for the periods ended June 30, 2018 were retroactively adjusted to reflect the presentation of Financial services, net per the Condensed Consolidated Statement of Operations.

(1)

Comprised primarily of cash and cash equivalents, receivables, deferred income taxes, and other assets.