Bob. Thanks,
the on lots, our we fiscal X.X-year year or controlled At based the of supply active XXXX XX,XXX end the nearly of closings. fiscal land owned representing
the on slide for side and table we eight, our expectations openings future the of detail On right community closeouts.
in line our with and In land development, the quarter, spent we on $XXX fourth expectations. million
the each year based land deleveraging. prices mentioned QX debt, the likely expect last Bob on relative balance earlier, allows months and in over of of identified prices this already transactions nine favorable more and us reflects higher approved. As which growth This we our to and and to quarter spending in structure home land
component spend out footprint. our has allocated Gatherings growing roll across land a our Finally, of of been to
quarter As Gatherings of the Dallas Maryland. construction Dallas, land we buildings purchases in Huston, approved under XXXX, fourth Gatherings have In new in Nashville. Orlando and Orlando, were and
million million land For spent debt $XX land the development nearly buybacks. we and $XXX full-year, on and on retirement share approximately and
and higher per to leverage or capital accretion created as benefits well returning to book EPS it impacts increasing will with higher XXXX strategies our beyond. the in returns assets. reduce and objective The investors assets While our without and inefficiently balanced count, execution seen risk value ROE our in latency, share, growth EBITDA as our community both improving no be on by of to drive
over as of in allowed end balance On reduce previously by of since duration we’ve the deleveraging run interest activity focus in few slide to can from to grown we grow debt. believe drive XX, efficiency we strategy balance inactive. nearly as $XX EBITDA the cash the XXXX. you able we’ve And last growth combined and options years had executing substantially This sheet that our significantly the assets. additional has generating increase our we use and deals, of successes expense reduce annual the has without shorter any our can rate on fiscal see in us our By been million improving our our assets were with efficiency, refinancing cash buying
our assets improvement ROA, percentage our in revenue. actually increase of an While operations because a growing include generating shrinking assets not in EBITDA efficiently understates this large in success the has our total generated but
assets we improve further these the generating As active ROA our returns anticipate of improvements. and begin we profitability assets,
$XX XXXX, over the great balance fourth approximately $XXX million sheet deal debt, deleveraging million. bringing we $XX since our We million made quarter, retiring In of progress have total a full-year of retired our of debt. over
of addition, repurchasing transaction $XX our we $XXX million this senior notes will term activities cash year notes. interest annual unsecured retired This refinancing loan. In our total, using XX-year savings. and million XXXX and funded In an generate was of all
include to over years, restructured while repayments modest debt business. billion, supporting three $X term our we below growing our of goal Finally, our reducing loan
turn the that, call over back conclusion. Allan his me for With let to
