What are William Lyon Homes's Business Segments?
The Company is currently operating in six reportable operating segments: California,
Arizona, Nevada, Colorado, Washington and Oregon. Each of the segments has responsibility
for the management of the Company’s homebuilding and development operations
within its geographic boundaries. The current six reportable operating segments
represent a change as compared to previous reporting periods, and reflects the
Polygon Acquisition, which added our Washington and Oregon divisions as two new
reportable operating segments, and the establishment of a distinct operating division
in the Inland Empire market, which together with the Southern California and Northern
California operating divisions constitutes the California reportable operating
segment. The results below reflect the Company's current segment structure, and
prior periods have been recast to reflect this change. See Note 5 to the financial
statements for further information.
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