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Segment Information (Tables)
 6 Months Ended
Mar. 31, 2025
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:
Three Months EndedSix Months Ended
 March 31,March 31,
in thousands2025202420252024
Revenue
West$373,856 $347,338 $672,772 $584,431 
East120,856 111,844 230,738 186,621 
Southeast70,627 82,358 130,782 157,306 
Total revenue$565,339 $541,540 $1,034,292 $928,358 
Three Months EndedSix Months Ended
March 31,March 31,
in thousands2025202420252024
Operating income
West$39,475 $46,030 $66,889 $74,369 
East7,557 12,282 14,229 18,638 
Southeast3,737 10,953 6,358 20,093 
Segment total50,769 69,265 87,476 113,100 
Corporate and unallocated(a)
(37,400)(33,274)(71,969)(56,844)
Total operating income$13,369 $35,991 $15,507 $56,256 
(a) Includes amortization of capitalized interest, capitalization and amortization of indirect costs, impairment of capitalized interest and capitalized indirect costs, when applicable, 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 certain other amounts that are not allocated to our operating segments.
Three Months EndedSix Months Ended
 March 31,March 31,
in thousands2025202420252024
Depreciation and amortization
West$2,518 $2,452 $4,709 $3,763 
East548 406 1,004 615 
Southeast397 268 695 588 
Segment total3,463 3,126 6,408 4,966 
Corporate and unallocated(a)
1,184 447 2,294 840 
Total depreciation and amortization $4,647 $3,573 $8,702 $5,806 
(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:
Six Months Ended
 March 31,
in thousands20252024
Capital expenditures
West$5,012 $6,873 
East1,211 865 
Southeast2,558 462 
Corporate and unallocated4,280 3,301 
Total capital expenditures$13,061 $11,501 
The following table presents assets by segment as of March 31, 2025 and September 30, 2024:
in thousandsMarch 31, 2025September 30, 2024
Assets
West$1,185,797 $1,114,450 
East519,202 454,255 
Southeast447,114 389,058 
Corporate and unallocated(a)
502,632 633,764 
Total assets$2,654,745 $2,591,527 
(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.