TRI Pointe Homes, Inc. designs, constructs, and sells single-family homes in the United States. Segments The company’s operations are organized into six segments: Maracay, consisting of operations in Arizona; Pardee, consisting of operations in California and Nevada; Quadrant, consisting of operations in Washington; Trendmaker, consisting of operations in Texas; TRI Pointe, consisting of operations in California and Colorado; and Winchester, consisting of operations in Maryland and Virginia. Owned and Controlled Lots As of December 31, 2014, the company’s operations consisted of 108 active selling communities and 29,718 lots owned or controlled. Business Strategy The company’s business strategy is focused on the design, construction and sale of premium single-family homes. The company’s business strategy is driven by the following: acquire attractive land positions while reducing risk; increase market position in growth markets; provide superior design and homeowner experience and service; offer a diverse range of products; focus on efficient cost structure and target attractive returns; and utilize prudent leverage. Seasonality The company experiences seasonal variations in its quarterly operating results and capital requirements. The company typically takes orders for more homes in the first half of the year than in the second half, which creates additional working capital requirements in the second and third quarters to build its inventories to satisfy the deliveries in the second half of the year.
tri pointe homes inc (TPH:New York)
19540 Jamboree Road
Irvine, CA 92612
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