AV Homes 8-K AV Homes Reports Results for First Quarter 2015

Exhibit 99.2

The following table provides a comparison of certain financial data related to our operations for the quarterly periods in 2014 and 2013 ($’s in thousands):

	2014															2013
	Q4			Q3			Q2			Q1			FY			Q4			Q3			Q2			Q1			FY
Operating Income (Loss)
Florida
Revenues:
Homebuilding	$	78,617		$	53,669		$	39,584		$	21,348		$	193,217		$	37,534		$	23,492		$	10,385		$	12,480		$	83,891
Amenity and Other		2,510			2,572			2,502			2,556			10,140			1,911			1,797			1,823			1,805			7,336
Land Sales		2,858			12,942			520			1,838			18,158			1,235			582			5,151			2,288			9,256
Total Revenue		83,985			69,183			42,606			25,742			221,515			40,680			25,871			17,359			16,573			100,483
Expenses:
Homebuilding		63,321			43,891			32,196			17,031			156,439			29,428			18,661			7,556			9,082			64,726
Homebuilding Selling, General and Administrative		8,465			6,613			5,383			3,927			24,388			5,198			2,972			2,958			2,876			14,004
Amenity and Other		2,636			2,537			2,635			2,715			10,523			2,584			3,105			3,012			2,962			11,663
Land Expenses		927			8,688			293			407			10,316			417			50			4,044			858			5,369
Net Operating Income (Loss)	$	8,636		$	7,454		$	2,099		$	1,662		$	19,849		$	3,053		$	1,083		$	(211	)	$	795		$	4,721
Arizona
Revenues:
Homebuilding	$	18,110		$	17,458		$	8,842		$	4,255		$	48,665		$	5,819		$	8,882		$	10,548		$	8,284		$	33,533
Amenity and Other		6			—			—			—			6			—			53			131			236			420
Land Sales		570			—			—			13,868			14,438			5,512			92			1,425			17			7,046
Total Revenue		18,686			17,458			8,842			18,123			63,109			11,331			9,027			12,104			8,537			40,999
Expenses:
Homebuilding		15,622			14,660			7,433			3,547			41,261			4,732			7,133			8,344			6,864			27,073
Homebuilding Selling, General and Administrative		2,598			2,209			1,483			1,457			7,747			1,488			1,352			1,428			1,293			5,561
Amenity and Other		98			66			84			177			425			507			744			463			396			2,110
Land Expenses		166			(16	)		—			11,538			11,688			2,343			46			349			6			2,744
Net Operating Income (Loss)	$	202		$	539		$	(158	)	$	1,404		$	1,988		$	2,261		$	(248	)	$	1,520		$	(22	)	$	3,511
Carolinas
Revenues:
Homebuilding	$	1,288		$	—		$	—		$	—		$	1,288		$	—		$	—		$	—		$	—		$	—
Expenses:
Homebuilding		1,183			—			—			—			1,183			—			—			—			—			—
Homebuilding Selling, General and Administrative		991			538			406			293			2,228			97			—			—			—			97
Net Operating Loss:	$	(886	)	$	(538	)	$	(406	)	$	(293	)	$	(2,125	)	$	(97	)	$	—		$	—		$	—		$	(97	)
Operating Income	$	7,952		$	7,455		$	1,535		$	2,773		$	19,712		$	5,217		$	835		$	1,309		$	773		$	8,135
Unallocated Income (Expenses):
Interest Income and Other	$	189		$	85		$	70		$	103		$	447		$	2,015		$	101		$	93		$	9		$	2,218
Equity loss from unconsolidated entities		(6	)		(5	)		(6	)		1			(16	)		(17	)		(7	)		(15	)		(63	)		(101	)
General and administrative expenses		(3,677	)		(4,016	)		(3,852	)		(4,396	)		(15,941	)		(4,093	)		(3,885	)		(4,292	)		(3,705	)		(15,975	)
Interest expense		(2,853	)		(2,841	)		—			(114	)		(5,805	)		(315	)		1,020			(1,763	)		(1,773	)		(2,830	)
Impairment of land developed of held for future development		—			—			—			—			—			(677	)		958			—			—			281
Income (Loss) From Operations		1,605			678			(2,253	)		(1,633	)		(1,603	)		2,130			(978	)		(4,668	)		(4,759	)		(8,272	)
Income tax benefit (expense)		—			—			—			—			—			—			—			—			—			—
Net loss attributable to non-controlling interests		—			—			(36	)		(293	)		(329	)		(306	)		(899	)		—			—			(1,205	)
Net Loss Attributable to AV Homes	$	1,605		$	678		$	(2,289	)	$	(1,926	)	$	(1,932	)	$	1,824		$	(1,877	)	$	(4,668	)	$	(4,759	)	$	(9,477	)

Quarterly data for closings for the Florida, Arizona and the Carolinas segments for 2014 and 2013 is summarized as follows ($’s in thousands):

2013-FY	Number of Units		Revenues		Average Price per unit
Florida		349	$	82,103	$	235
Arizona		132	$	32,349	$	245
North Carolina		0	$	—	$	—
Total		481	$	114,452	$	238
2013-Q1	Number of Units		Revenues		Average Price per unit
Florida		49	$	11,871	$	242
Arizona		32	$	8,284	$	259
North Carolina		0	$	—	$	—
Total		81	$	20,155	$	249
2013-Q2	Number of Units		Revenues		Average Price per unit
Florida		43	$	10,550	$	245
Arizona		39	$	9,574	$	245
North Carolina		0	$	—	$	—
Total		82	$	20,124	$	245
2013-Q3	Number of Units		Revenues		Average Price per unit
Florida		107	$	23,080	$	216
Arizona		40	$	8,882	$	222
North Carolina		0	$	—	$	—
Total		147	$	31,962	$	217
2013-Q4	Number of Units		Revenues		Average Price per unit
Florida		150	$	36,602	$	244
Arizona		21	$	5,609	$	267
North Carolina		0	$	—	$	—
Total		171	$	42,211	$	247
2014-FY	Number of Units		Revenues		Average Price per unit
Florida		755	$	193,215	$	256
Arizona		193	$	48,668	$	252
North Carolina		5	$	1,288	$	258
Total		953	$	243,171	$	255

2014-Q1	Number of Units		Revenues		Average Price per unit
Florida		84	$	21,303	$	254
Arizona		16	$	4,247	$	265
North Carolina		0	$	—	$	—
Total		100	$	25,550	$	256
2014-Q2	Number of Units		Revenues		Average Price per unit
Florida		155	$	39,544	$	255
Arizona		36	$	8,833	$	245
North Carolina		0	$	—	$	—
Total		191	$	48,377	$	253
2014-Q3	Number of Units		Revenues		Average Price per unit
Florida		212	$	53,670	$	253
Arizona		68	$	17,458	$	257
North Carolina		0	$	—	$	—
Total		280	$	71,128	$	254
2014-Q4	Number of Units		Revenues		Average Price per unit
Florida		304	$	78,698	$	259
Arizona		73	$	18,130	$	248
North Carolina		5	$	1,288	$	258
Total		382	$	98,116	$	257

Quarterly data for contracts signed for the Florida, Arizona and the Carolinas segments for 2014 and 2013 is summarized as follows ($’s in thousands):

2013-FY	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		412		(97	)		315	$	75,895	$	241
Arizona		178		(30	)		148	$	34,471	$	233
North Carolina		0		—			—	$	—	$	—
Total		590		(127	)		463	$	110,366	$	238
2013-Q1	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		121		(28	)		93	$	20,575	$	221
Arizona		48		(6	)		42	$	8,816	$	210
North Carolina		—		—			—	$	—	$	—
Total		169		(34	)		135	$	29,391	$	218
2013-Q2	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		106		(28	)		78	$	19,150	$	246
Arizona		48		(7	)		41	$	9,991	$	244
North Carolina		—		—			—	$	—	$	—
Total		154		(35	)		119	$	29,141	$	245
2013-Q3	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		100		(29	)		71	$	18,519	$	261
Arizona		42		(9	)		33	$	7,687	$	233
North Carolina		—		—			—	$	—	$	—
Total		142		(38	)		104	$	26,206	$	252
2013-Q4	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		85		(12	)		73	$	17,651	$	242
Arizona		40		(8	)		32	$	7,977	$	249
North Carolina		—		—			—	$	—	$	—
Total		125		(20	)		105	$	25,628	$	244

2014-FY	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		929		(121	)		808	$	206,503	$	256
Arizona		216		(41	)		175	$	45,012	$	257
North Carolina		13		(2	)		11	$	3,212	$	292
Total		1,158		(164	)		994	$	254,727	$	256
2014-Q1	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		162		(17	)		145	$	36,108	$	249
Arizona		61		(6	)		55	$	13,791	$	251
North Carolina		—		—			—	$	—	$	—
Total		223		(23	)		200	$	49,899	$	249
2014-Q2	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		250		(17	)		233	$	60,394	$	259
Arizona		59		(11	)		48	$	12,143	$	253
North Carolina		—		—			—	$	—	$	—
Total		309		(28	)		281	$	72,537	$	258
2014-Q3	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		261		(36	)		225	$	55,760	$	248
Arizona		57		(15	)		42	$	10,605	$	253
North Carolina		3		—			3	$	774	$	258
Total		321		(51	)		270	$	67,139	$	249
2014-Q4	Gross Number of Contracts Signed		Cancellations			Contracts Signed, Net of Cancellations		Dollar Value		Average Price Per Unit
Florida		256		(51	)		205	$	54,241	$	265
Arizona		39		(9	)		30	$	8,473	$	282
North Carolina		10		(2	)		8	$	2,438	$	305
Total		305		(62	)		243	$	65,152	$	268

Quarterly data for backlog for the Florida, Arizona and the Carolinas segments for 2014 and 2013 is summarized as follows ($’s in thousands):

2013-FY	Number of Units		Dollar Volume		Average Price per unit
Florida		97	$	23,113	$	238
Arizona		70	$	16,749	$	239
North Carolina		0	$	—	$	—
Total		167	$	39,862	$	239
2013-Q1	Number of Units		Dollar Volume		Average Price per unit
Florida		175	$	38,024	$	217
Arizona		64	$	15,129	$	236
North Carolina		0	$	—	$	—
Total		239	$	53,153	$	222
2013-Q2	Number of Units		Dollar Volume		Average Price per unit
Florida		210	$	48,332	$	230
Arizona		66	$	14,837	$	225
North Carolina		0	$	—	$	—
Total		276	$	63,169	$	229
2013-Q3	Number of Units		Dollar Volume		Average Price per unit
Florida		174	$	44,265	$	254
Arizona		59	$	13,973	$	237
North Carolina		0	$	—	$	—
Total		233	$	58,238	$	250
2013-Q4	Number of Units		Dollar Volume		Average Price per unit		��
Florida		97	$	23,113	$	238
Arizona		70	$	16,749	$	239
North Carolina		0	$	—	$	—
Total		167	$	39,862	$	239
2014-FY	Number of Units		Dollar Volume		Average Price per unit
Florida		273	$	70,194	$	257
Arizona		52	$	13,635	$	262
North Carolina		6	$	1,924	$	321
Total		331	$	85,753	$	259

2014-Q1	Number of Units		Dollar Volume		Average Price per unit
Florida		279	$	70,465	$	253
Arizona		109	$	26,771	$	246
North Carolina		0	$	—	$	—
Total		388	$	97,236	$	251
2014-Q2	Number of Units		Dollar Volume		Average Price per unit
Florida		359	$	92,762	$	258
Arizona		121	$	30,888	$	255
North Carolina		0	$	—	$	—
Total		480	$	123,650	$	258
2014-Q3	Number of Units		Dollar Volume		Average Price per unit
Florida		372	$	95,815	$	258
Arizona		95	$	24,347	$	256
North Carolina		3	$	774	$	258
Total		470	$	120,936	$	257
2014-Q4	Number of Units		Dollar Volume		Average Price per unit
Florida		273	$	70,194	$	257
Arizona		52	$	13,635	$	262
North Carolina		6	$	1,924	$	321
Total		331	$	85,753	$	259