XML 47 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Information (Tables)
6 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following tables contain our revenue, operating (loss) income, and depreciation and amortization by segment for the periods presented:
 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2019
 
2018
 
2019
 
2018
Revenue
 
 
 
 
 
 
 
West
$
210,430

 
$
234,510

 
$
419,374

 
$
412,481

East
94,066

 
107,412

 
182,812

 
196,265

Southeast
116,764

 
113,256

 
221,114

 
218,921

Total revenue
$
421,260

 
$
455,178

 
$
823,300

 
$
827,667

 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2019
 
2018
 
2019
 
2018
Operating (loss) income (a)
 
 
 
 
 
 
 
West
$
(107,018
)
 
$
31,715

 
$
(82,757
)
 
$
52,825

East
6,929

 
8,926

 
12,324

 
16,322

Southeast
7,324

 
7,897

 
8,704

 
14,807

Segment total
(92,765
)
 
48,538

 
(61,729
)
 
83,954

Corporate and unallocated (b)
(46,185
)
 
(34,713
)
 
(73,715
)
 
(63,448
)
Total operating (loss) income
$
(138,950
)
 
$
13,825

 
$
(135,444
)
 
$
20,506

 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2019
 
2018
 
2019
 
2018
Depreciation and amortization
 
 
 
 
 
 
 
West
$
1,263

 
$
1,697

 
$
2,541

 
$
2,953

East
547

 
551

 
1,085

 
990

Southeast
731

 
542

 
1,341

 
1,121

Segment total
2,541

 
2,790

 
4,967

 
5,064

Corporate and unallocated (b)
359

 
276

 
703

 
509

Total depreciation and amortization
$
2,900

 
$
3,066

 
$
5,670

 
$
5,573

(a) Operating (loss) income is impacted by impairment and abandonment charges incurred during the periods presented (see Note 5).
(b) Corporate and unallocated operating loss includes amortization of capitalized interest; movement in capitalized indirects; 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. Corporate and unallocated depreciation and amortization 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:
 
Six Months Ended
 
March 31,
in thousands
2019
 
2018
Capital Expenditures
 
 
 
West
$
5,338

 
$
4,238

East
1,286

 
1,133

Southeast
2,055

 
1,185

Corporate and unallocated
2,829

 
1,636

Total capital expenditures
$
11,508

 
$
8,192

The following table presents assets by segment as of March 31, 2019 and September 30, 2018:
in thousands
March 31, 2019
 
September 30, 2018
Assets
 
 
 
West
$
758,627

 
$
835,230

East
315,728

 
335,474

Southeast
400,954

 
414,685

Corporate and unallocated (a)
580,032

 
542,713

Total assets
$
2,055,341

 
$
2,128,102


(a) Primarily consists of cash and cash equivalents, restricted cash, deferred taxes, capitalized interest and indirects, and other items that are not allocated to the segments.