2020 Q4 Form 10-Q Financial Statement
#000079929220000114 Filed on October 30, 2020
Income Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
Revenue | $906.4M | $847.9M | $653.3M |
YoY Change | 22.13% | 29.78% | 15.06% |
Cost Of Revenue | $689.2M | $653.4M | $519.2M |
YoY Change | 15.95% | 25.86% | 14.85% |
Gross Profit | $217.2M | $194.5M | $134.2M |
YoY Change | 52.13% | 44.96% | 15.86% |
Gross Profit Margin | 23.96% | 22.94% | 20.54% |
Selling, General & Admin | $105.8M | $98.42M | $79.53M |
YoY Change | 21.75% | 23.75% | 10.54% |
% of Gross Profit | 48.71% | 50.6% | 59.27% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.900M | $3.900M | $3.400M |
YoY Change | 14.71% | 14.71% | 13.33% |
% of Gross Profit | 1.8% | 2.0% | 2.53% |
Operating Expenses | $105.9M | $98.42M | $79.53M |
YoY Change | 21.86% | 23.75% | 10.54% |
Operating Profit | $111.3M | $96.10M | $54.65M |
YoY Change | 99.19% | 75.84% | 24.59% |
Interest Expense | -$1.100M | $1.239M | $4.637M |
YoY Change | -76.09% | -73.28% | 4.77% |
% of Operating Profit | -0.99% | 1.29% | 8.49% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $101.9M | $95.11M | $50.06M |
YoY Change | 98.64% | 89.97% | 26.81% |
Income Tax | $21.80M | $21.60M | $12.23M |
% Of Pretax Income | 21.39% | 22.71% | 24.42% |
Net Earnings | $80.10M | $73.54M | $37.84M |
YoY Change | 91.63% | 94.35% | 29.22% |
Net Earnings / Revenue | 8.84% | 8.67% | 5.79% |
Basic Earnings Per Share | $2.57 | $1.35 | |
Diluted Earnings Per Share | $2.715M | $2.51 | $1.32 |
COMMON SHARES | |||
Basic Shares Outstanding | 28.75M shares | 28.65M shares | 27.98M shares |
Diluted Shares Outstanding | 29.29M shares | 28.60M shares |
Balance Sheet
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $260.8M | $202.5M | $33.50M |
YoY Change | 4175.41% | 504.48% | -7.97% |
Cash & Equivalents | $260.8M | $202.5M | $33.45M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $1.917B | $1.843B | $1.827B |
Prepaid Expenses | |||
Receivables | $234.3M | $140.0M | $128.3M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $2.412B | $2.186B | $1.989B |
YoY Change | 24.91% | 9.9% | 4.51% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $26.61M | $25.70M | $27.62M |
YoY Change | 20.32% | -6.97% | -3.73% |
Goodwill | $16.40M | $16.40M | $16.40M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $34.67M | $34.04M | $47.56M |
YoY Change | -8.48% | -28.43% | 93.57% |
Other Assets | $6.200M | $9.200M | $12.00M |
YoY Change | -35.42% | -23.33% | -28.99% |
Total Long-Term Assets | $231.3M | $234.7M | $192.7M |
YoY Change | 32.35% | 21.77% | 24.14% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.412B | $2.186B | $1.989B |
Total Long-Term Assets | $231.3M | $234.7M | $192.7M |
Total Assets | $2.643B | $2.421B | $2.182B |
YoY Change | 25.52% | 10.95% | 5.99% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $185.7M | $176.6M | $169.5M |
YoY Change | 48.56% | 4.19% | 14.22% |
Accrued Expenses | $52.50M | $52.70M | $19.10M |
YoY Change | 185.33% | 175.92% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $310.8M | $295.9M | $224.9M |
YoY Change | 74.7% | 31.57% | 19.12% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $871.9M | $783.3M | $849.7M |
YoY Change | 15.51% | -7.81% | -3.4% |
Other Long-Term Liabilities | $201.7M | $166.6M | $152.4M |
YoY Change | 19.07% | 9.32% | -1.42% |
Total Long-Term Liabilities | $1.074B | $949.9M | $1.002B |
YoY Change | 16.17% | -5.21% | -3.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $310.8M | $295.9M | $224.9M |
Total Long-Term Liabilities | $1.074B | $949.9M | $1.002B |
Total Liabilities | $1.384B | $1.246B | $1.227B |
YoY Change | 25.61% | 1.54% | 0.31% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $948.5M | $868.4M | $666.8M |
YoY Change | 33.85% | 30.23% | 21.55% |
Common Stock | $339.3M | $336.9M | $331.4M |
YoY Change | 1.84% | 1.66% | 0.8% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $29.06M | $30.55M | $43.59M |
YoY Change | -24.06% | -29.9% | 3.3% |
Treasury Stock Shares | 1.323M shares | 1.391M shares | 1.994M shares |
Shareholders Equity | $1.259B | $1.175B | $954.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.643B | $2.421B | $2.182B |
YoY Change | 25.52% | 10.95% | 5.99% |
Cashflow Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $80.10M | $73.54M | $37.84M |
YoY Change | 91.63% | 94.35% | 29.22% |
Depreciation, Depletion And Amortization | $3.900M | $3.900M | $3.400M |
YoY Change | 14.71% | 14.71% | 13.33% |
Cash From Operating Activities | -$28.90M | $114.4M | -$9.600M |
YoY Change | -144.74% | -1291.67% | -82.29% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$3.200M | -$6.500M | -$1.000M |
YoY Change | 68.42% | 550.0% | -23.08% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $700.0K | -$4.200M | -$8.000M |
YoY Change | -47.5% | -50.62% | |
Cash From Investing Activities | -$2.600M | -$10.60M | -$9.000M |
YoY Change | 36.84% | 17.78% | -48.28% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 89.80M | 4.700M | 31.70M |
YoY Change | -199.56% | -85.17% | -21.14% |
NET CHANGE | |||
Cash From Operating Activities | -28.90M | 114.4M | -9.600M |
Cash From Investing Activities | -2.600M | -10.60M | -9.000M |
Cash From Financing Activities | 89.80M | 4.700M | 31.70M |
Net Change In Cash | 58.30M | 108.5M | 13.10M |
YoY Change | -312.0% | 728.24% | -141.72% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$28.90M | $114.4M | -$9.600M |
Capital Expenditures | -$3.200M | -$6.500M | -$1.000M |
Free Cash Flow | -$25.70M | $120.9M | -$8.600M |
YoY Change | -138.65% | -1505.81% | -83.74% |
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Selling Expense
SellingExpense
|
40147000 | USD |
us-gaap |
Selling Expense
SellingExpense
|
127494000 | USD | |
us-gaap |
Selling Expense
SellingExpense
|
109150000 | USD | |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
252000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
52000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
307000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
118000 | USD | |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
1239000 | USD |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
4637000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
8454000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
16626000 | USD | |
CY2020Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
752812000 | USD |
CY2019Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
603281000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
1931526000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
1643394000 | USD | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
95109000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
50064000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
208192000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
114746000 | USD | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21572000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12226000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48401000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28939000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73537000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
37838000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
159791000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
85807000 | USD | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.57 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.35 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.60 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.10 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.51 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.50 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.04 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28653000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27981000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28554000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27695000 | shares | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
29286000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28598000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
29030000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28238000 | shares | |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1094405000 | USD |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
73537000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4609000 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2189000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1174740000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1003477000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
159791000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
8254000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4915000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1912000 | USD | |
us-gaap |
Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
|
215000 | USD | |
us-gaap |
Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
|
0 | USD | |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1174740000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
904240000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
37838000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
11071000 | USD |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1492000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
954641000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
855303000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
85807000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
14348000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4086000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
5150000 | USD | |
us-gaap |
Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
|
247000 | USD | |
us-gaap |
Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
|
0 | USD | |
CY2019Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
954641000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
159791000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
85807000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
307000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
118000 | USD | |
us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1287426000 | USD | |
us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
959022000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
1301713000 | USD | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
997369000 | USD | |
mho |
Fair Value Adjustment Of Mortgage Loans Held For Sale
FairValueAdjustmentOfMortgageLoansHeldForSale
|
-911000 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
438000 | USD | |
mho |
Fair Value Adjustment Of Mortgage Loans Held For Sale
FairValueAdjustmentOfMortgageLoansHeldForSale
|
-2982000 | USD | |
us-gaap |
Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
507000 | USD | |
us-gaap |
Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
0 | USD | |
us-gaap |
Payments For Proceeds From Mortgage Servicing Rights
PaymentsForProceedsFromMortgageServicingRights
|
4119000 | USD | |
us-gaap |
Payments For Proceeds From Mortgage Servicing Rights
PaymentsForProceedsFromMortgageServicingRights
|
3366000 | USD | |
us-gaap |
Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
|
1847000 | USD | |
us-gaap |
Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
|
1112000 | USD | |
us-gaap |
Depreciation
Depreciation
|
9298000 | USD | |
us-gaap |
Depreciation
Depreciation
|
8655000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1869000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2029000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
950000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4915000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4086000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-426000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1494000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
62524000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
156073000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
18493000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3952000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
51555000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
38017000 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
32170000 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
4195000 | USD | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-4990000 | USD | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-11629000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
9133000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-10609000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
197226000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
977000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8465000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2626000 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1213000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
24075000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
23522000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31327000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25710000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
300000000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
0 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
400000000 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
0 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
306800000 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
568900000 | USD | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
372800000 | USD | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
496400000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-785000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-44574000 | USD | |
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-503000 | USD | |
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-429000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1912000 | USD | |
mho |
Community Development District Infrastructure
CommunityDevelopmentDistrictInfrastructure
|
-3639000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5150000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
8524000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
40000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8254000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
14348000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30530000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
36655000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
196429000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
11922000 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6083000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21529000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
202512000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33451000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
15644000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
23034000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
39510000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
26578000 | USD | |
mho |
Community Development District Infrastructure
CommunityDevelopmentDistrictInfrastructure
|
1936000 | USD | |
mho |
Consolidated Inventory Not Owned Obligation
ConsolidatedInventoryNotOwnedObligation
|
-7570000 | USD | |
mho |
Consolidated Inventory Not Owned Obligation
ConsolidatedInventoryNotOwnedObligation
|
-12621000 | USD | |
mho |
Distribution Of Single Family Lots From Unconsolidated Llcs
DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs
|
27016000 | USD | |
mho |
Distribution Of Single Family Lots From Unconsolidated Llcs
DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs
|
11515000 | USD | |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
Basis of Presentation<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Unaudited Condensed Consolidated Financial Statements (the “financial statements”) of M/I Homes, Inc. and its subsidiaries (the “Company”) and notes thereto have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. The financial statements include the accounts of the Company. All intercompany transactions have been eliminated. Results for the interim period are not necessarily indicative of results for a full year, including as a result of the novel coronavirus (COVID-19) pandemic which has disrupted, and is expected to continue to disrupt, our business. In the opinion of management, the accompanying financial statements reflect all adjustments (all of which are normal and recurring in nature) necessary for a fair presentation of financial results for the interim periods presented. These financial statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”).</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during that period. Actual results could differ from these estimates and have a significant impact on the financial condition and results of operations and cash flows. With regard to the Company, estimates and assumptions are inherent in calculations relating to valuation of inventory and investment in unconsolidated joint ventures, property and equipment depreciation, valuation of derivative financial instruments, accounts payable on inventory, accruals for costs to complete inventory, accruals for warranty claims, accruals for self-insured general liability claims, litigation, accruals for health care and workers’ compensation, accruals for guaranteed or indemnified loans, stock-based compensation expense, income taxes, and contingencies. Items that could have a significant impact on these estimates and assumptions include the risks and uncertainties listed in “Item 1A. Risk Factors” in Part I of our 2019 Form 10-K and in “Item 1A. Risk Factors” in Part II of this Quarterly Report on Form 10-Q, as the same may be updated from time to time in our subsequent filings with the SEC. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recently Adopted Accounting Standards</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2016-13”). ASU 2016-13 replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to estimate credit losses. ASU 2016-13 is effective for our fiscal year beginning January 1, 2020. Subsequent to the issuance of ASU 2016-13, the FASB issued ASU No. 2018-19, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Codification Improvements to Topic 326, Financial Instruments-Credit Losses</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2018-19”) in November 2018, ASU No. 2019-04, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“ASU 2019-04”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in April 2019, and ASU No. 2019-05, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments-Credit Losses (Topic 326) Targeted Transition Relief </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“ASU 2019-05”) in May 2019. These ASUs do not change the core principle of the guidance in ASU 2016-13. Instead these amendments are intended to clarify and improve operability of certain topics included within the credit losses standard. These ASUs will have the same effective date and transition requirements as ASU 2016-13. The adoption of ASU 2016-13 on January 1, 2020 did not have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2018, the FASB issued ASU No. 2018-13, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“ASU 2018-13”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> ASU 2018-13 modifies the disclosure requirements for fair value measurements and removes the requirement to disclose (1) the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, (2) the policy for timing of transfers between levels, and (3) the valuation processes for Level 3 fair value measurements. ASU 2018-13 requires disclosure of changes in unrealized gains and losses for the period included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. For all entities, ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Our adoption of ASU 2018-13 on January 1, 2020 did not have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, the FASB issued ASU No. 2020-04, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Facilitation of the Effects of Reference Rate Reform on Financial Reporting </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“ASU 2020-04”). ASU 2020-04 is intended to provide temporary optional expedients and exceptions to the US </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates. This guidance was effective beginning March 12, 2020 and can be applied prospectively through December 31, 2022. The adoption of this guidance did not have a material impact on our consolidated financial statements and disclosures.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Impact of New Accounting Standards and SEC Guidance</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, the FASB issued ASU No. 2020-03, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Codification Improvements to Financial Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016 (described above). ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. We are currently evaluating the effect of adopting this new accounting guidance, but we do not expect that adoption will have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In May 2020, the SEC adopted Release No.33-10786 “Amendments to Financial Disclosures about Acquired and Disposed Businesses” (the “Final Rule”). The Final Rule is effective on January 1, 2021. However, voluntary early adoption is permitted. We are currently evaluating the effect of adopting this new accounting guidance, but we do not expect that adoption will have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2020, the FASB issued ASU 2020-06, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Debt-Debt with Conversion and Other Options</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2020-06”), to address the complexity associated with applying GAAP to certain financial instruments with characteristics of liabilities and equity. The ASU includes amendments to the guidance on convertible instruments and the derivative scope exception for contracts in an entity’s own equity and simplifies the accounting for convertible instruments which include beneficial conversion features or cash conversion features by removing certain separation models in Subtopic 470-20. Additionally, the ASU will require entities to use the “if-converted” method when calculating diluted earnings per share for convertible instruments. ASU 2020-06 is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. We are currently evaluating the effect of adopting this new accounting guidance, but we do not expect that adoption will have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2020, the SEC adopted Release No. 33-10825 “Modernization of Regulation S-K Items 101, 103, and 105” (the “Final S-K Rule”). The Final S-K Rule is effective on November 9, 2020. We are currently evaluating the effect of the Final S-K Rule, but we do not expect it will have a material impact on our consolidated financial statements and disclosures.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Significant Accounting Policies</span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe that there have been no significant changes to our significant accounting policies during the quarter ended September 30, 2020 as compared to those disclosed in our 2019 Form 10-K.</span></div> | ||
CY2020Q3 | us-gaap |
Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
|
840637000 | USD |
CY2019Q4 | us-gaap |
Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
|
858065000 | USD |
CY2020Q3 | us-gaap |
Inventory Land Held For Sale
InventoryLandHeldForSale
|
4357000 | USD |
CY2019Q4 | us-gaap |
Inventory Land Held For Sale
InventoryLandHeldForSale
|
5670000 | USD |
CY2020Q3 | us-gaap |
Inventory Homes Under Construction
InventoryHomesUnderConstruction
|
863603000 | USD |
CY2019Q4 | us-gaap |
Inventory Homes Under Construction
InventoryHomesUnderConstruction
|
756998000 | USD |
CY2020Q3 | mho |
Model Home Accumulated Depreciation
ModelHomeAccumulatedDepreciation
|
14186000 | USD |
CY2019Q4 | mho |
Model Home Accumulated Depreciation
ModelHomeAccumulatedDepreciation
|
12723000 | USD |
CY2020Q3 | mho |
Inventory Model Homes And Furnishings
InventoryModelHomesAndFurnishings
|
87192000 | USD |
CY2019Q4 | mho |
Inventory Model Homes And Furnishings
InventoryModelHomesAndFurnishings
|
98777000 | USD |
CY2020Q3 | mho |
Community Development District
CommunityDevelopmentDistrict
|
9892000 | USD |
CY2019Q4 | mho |
Community Development District
CommunityDevelopmentDistrict
|
13531000 | USD |
CY2020Q3 | mho |
Land Purchase Deposits
LandPurchaseDeposits
|
37364000 | USD |
CY2019Q4 | mho |
Land Purchase Deposits
LandPurchaseDeposits
|
28532000 | USD |
CY2020Q3 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
364000 | USD |
CY2019Q4 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
7934000 | USD |
CY2020Q3 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
1843409000 | USD |
CY2019Q4 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
1769507000 | USD |
CY2020Q3 | mho |
Number Of Speculative Homes
NumberOfSpeculativeHomes
|
1113 | homes |
CY2020Q3 | mho |
Speculative Homes Carrying Value
SpeculativeHomesCarryingValue
|
188400000 | USD |
CY2019Q4 | mho |
Number Of Speculative Homes
NumberOfSpeculativeHomes
|
1459 | |
CY2019Q4 | mho |
Speculative Homes Carrying Value
SpeculativeHomesCarryingValue
|
304000000.0 | USD |
CY2020Q3 | mho |
Community Development District
CommunityDevelopmentDistrict
|
9900000 | USD |
CY2019Q4 | mho |
Community Development District
CommunityDevelopmentDistrict
|
13500000 | USD |
CY2020Q2 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22203000 | USD |
CY2019Q2 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22162000 | USD |
CY2019Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
21607000 | USD |
CY2018Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
20765000 | USD |
CY2020Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
8758000 | USD |
CY2019Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
8291000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
23678000 | USD | |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
22461000 | USD | |
CY2020Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
8803000 | USD |
CY2019Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
7836000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
23127000 | USD | |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
20609000 | USD | |
CY2020Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22158000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
300000 | USD | |
CY2019Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22617000 | USD |
CY2020Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22158000 | USD |
CY2019Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
22617000 | USD |
CY2020Q3 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
9997000 | USD |
CY2019Q3 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
12928000 | USD |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
32132000 | USD | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
39087000 | USD | |
CY2020Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
34000000.0 | USD |
CY2019Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
37900000 | USD |
mho |
Increasedecreaseininvestmentsinunconsolidatedjointventuresandothersimilararrangements
Increasedecreaseininvestmentsinunconsolidatedjointventuresandothersimilararrangements
|
-3900000 | USD | |
mho |
Distribution Of Single Family Lots From Unconsolidated Llcs
DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs
|
27000000.0 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
24100000 | USD | |
CY2020Q3 | mho |
Companysinvestmentinjointdevelopmentorsimilaragreements
Companysinvestmentinjointdevelopmentorsimilaragreements
|
32100000 | USD |
CY2019Q4 | mho |
Companysinvestmentinjointdevelopmentorsimilaragreements
Companysinvestmentinjointdevelopmentorsimilaragreements
|
35500000 | USD |
CY2020Q3 | mho |
Equityinvestedin Ll Cs
EquityinvestedinLLCs
|
1900000 | USD |
CY2019Q4 | mho |
Equityinvestedin Ll Cs
EquityinvestedinLLCs
|
2400000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
300000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
100000 | USD | |
CY2020Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
34000000.0 | USD |
us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
400000 | USD | |
CY2020Q3 | us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
100000 | USD |
us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
500000 | USD | |
us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
500000 | USD | |
CY2020Q3 | mho |
Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments
NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments
|
2924000 | USD |
CY2019Q4 | mho |
Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments
NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments
|
1445000 | USD |
CY2020Q3 | mho |
Notional Amount Of Uncommitted Interest Rate Lock Commitments
NotionalAmountOfUncommittedInterestRateLockCommitments
|
213146000 | USD |
CY2019Q4 | mho |
Notional Amount Of Uncommitted Interest Rate Lock Commitments
NotionalAmountOfUncommittedInterestRateLockCommitments
|
87340000 | USD |
CY2020Q3 | mho |
Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments
ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments
|
186000000 | USD |
CY2019Q4 | mho |
Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments
ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments
|
88000000 | USD |
CY2020Q3 | mho |
Best Effort Contracts And Related Mortgage Loans Held For Sale
BestEffortContractsAndRelatedMortgageLoansHeldForSale
|
13750000 | USD |
CY2019Q4 | mho |
Best Effort Contracts And Related Mortgage Loans Held For Sale
BestEffortContractsAndRelatedMortgageLoansHeldForSale
|
6125000 | USD |
CY2020Q3 | mho |
Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale
ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale
|
116000000 | USD |
CY2019Q4 | mho |
Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale
ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale
|
144000000 | USD |
CY2020Q3 | mho |
Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities
MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities
|
120257000 | USD |
CY2019Q4 | mho |
Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities
MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities
|
144411000 | USD |
CY2020Q3 | mho |
Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
|
-541000 | USD |
CY2019Q3 | mho |
Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
|
-230000 | USD |
mho |
Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
|
232000 | USD | |
mho |
Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
|
566000 | USD | |
CY2020Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | USD |
CY2020Q3 | us-gaap |
Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
|
0 | USD |
CY2020Q3 | mho |
Total Of Loans Covered By Guarantees
TotalOfLoansCoveredByGuarantees
|
5700000 | USD |
CY2019Q4 | mho |
Total Of Loans Covered By Guarantees
TotalOfLoansCoveredByGuarantees
|
48100000 | USD |
CY2020Q3 | mho |
Total Of Guaranteed Loans Inquired About
TotalOfGuaranteedLoansInquiredAbout
|
600000 | USD |
CY2020Q3 | mho |
Total Loans Indemnified
TotalLoansIndemnified
|
600000 | USD |
CY2019Q4 | mho |
Total Loans Indemnified
TotalLoansIndemnified
|
1000000.0 | USD |
CY2020Q3 | mho |
Loan Repurchase Guarantee Liability
LoanRepurchaseGuaranteeLiability
|
500000 | USD |
CY2020Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26175000 | USD |
CY2019Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
25474000 | USD |
CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26420000 | USD |
CY2018Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26459000 | USD |
CY2020Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
4961000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
3851000 | USD |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
12624000 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
10332000 | USD | |
CY2020Q3 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
416000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
255000 | USD |
us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
-228000 | USD | |
us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
990000 | USD | |
CY2020Q3 | us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
0 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
0 | USD |
us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
0 | USD | |
us-gaap |
Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
|
0 | USD | |
CY2020Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
4578000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
4044000 | USD |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
11842000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
12245000 | USD | |
CY2020Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26974000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
25536000 | USD |
CY2020Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26974000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
25536000 | USD |
mho |
Stucco Repair Cost
StuccoRepairCost
|
500000 | USD | |
us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
500000 | USD | |
CY2020Q3 | mho |
Estimated Repair Costsfor Affected Homes
EstimatedRepairCostsforAffectedHomes
|
3700000 | USD |
CY2020Q3 | mho |
Letters Of Credit And Bonds
LettersOfCreditAndBonds
|
267700000 | USD |
CY2020Q3 | mho |
Outstanding Performance Bonds
OutstandingPerformanceBonds
|
194100000 | USD |
CY2020Q3 | mho |
Performance Letters Of Credit Outstanding
PerformanceLettersOfCreditOutstanding
|
55100000 | USD |
CY2020Q3 | mho |
Financial Letters Of Credit
FinancialLettersOfCredit
|
11500000 | USD |
CY2020Q3 | mho |
Outstanding Letters Of Credit In Lieu Of Cash Deposits Under Certain Land Option Contracts
OutstandingLettersOfCreditInLieuOfCashDepositsUnderCertainLandOptionContracts
|
11000000.0 | USD |
CY2020Q3 | mho |
Financial Bonds
FinancialBonds
|
7000000.0 | USD |
CY2020Q3 | us-gaap |
Purchase Options Land
PurchaseOptionsLand
|
801400000 | USD |
CY2020Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
900000 | USD |
CY2019Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
700000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
829600000 | USD |
CY2020Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2020Q3 | mho |
Letters Of Credit Outstanding Under Credit Facility
LettersOfCreditOutstandingUnderCreditFacility
|
66600000 | USD |
CY2020Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
433400000 | USD |
CY2020Q3 | mho |
Maximum Borrowing Availability Under All Credit Lines
MaximumBorrowingAvailabilityUnderAllCreditLines
|
225000000.0 | USD |
CY2020Q3 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
136100000 | USD |
CY2019Q4 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
136900000 | USD |
CY2020Q3 | us-gaap |
Equity Restrictions
EquityRestrictions
|
328600000 | USD |
CY2019Q4 | us-gaap |
Equity Restrictions
EquityRestrictions
|
264500000 | USD |
CY2020Q3 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
5300000 | USD |
CY2019Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
5800000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73537000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
37838000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
159791000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
85807000 | USD | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28653000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27981000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28554000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27695000 | shares | |
CY2020Q3 | mho |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
376000 | shares |
CY2019Q3 | mho |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
403000 | shares |
mho |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
253000 | shares | |
mho |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
338000 | shares | |
CY2020Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
257000 | shares |
CY2019Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
214000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
223000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
205000 | shares | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
29286000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28598000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
29030000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28238000 | shares | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.57 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.35 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.60 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.10 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.51 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.50 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.04 | ||
CY2020Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
435000 | shares |
CY2019Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
360000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
412000 | shares | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21600000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12200000 | USD |
CY2020Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.227 | Rate |
CY2019Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | Rate |
CY2020Q3 | us-gaap |
Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
|
2500000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48400000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28900000 | USD | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.232 | Rate | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.252 | Rate | |
us-gaap |
Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
|
3700000 | USD | |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
400000 | USD | |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
847921000 | USD |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
653345000 | USD |
us-gaap |
Revenues
Revenues
|
2139718000 | USD | |
us-gaap |
Revenues
Revenues
|
1758140000 | USD | |
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
96096000 | USD |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
54649000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
216339000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
131254000 | USD | |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
1239000 | USD |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
4637000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
8454000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
16626000 | USD | |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
252000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
52000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
307000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
118000 | USD | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
95109000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
50064000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
208192000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
114746000 | USD | |
CY2020Q3 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
37364000 | USD |
CY2020Q3 | mho |
Inventory Segments
InventorySegments
|
1806045000 | USD |
CY2020Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
34038000 | USD |
CY2020Q3 | mho |
Other Combined Assets
OtherCombinedAssets
|
543108000 | USD |
CY2020Q3 | us-gaap |
Assets
Assets
|
2420555000 | USD |
CY2019Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
28532000 | USD |
CY2019Q4 | mho |
Inventory Segments
InventorySegments
|
1740975000 | USD |
CY2019Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
37885000 | USD |
CY2019Q4 | mho |
Other Combined Assets
OtherCombinedAssets
|
298202000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
2105594000 | USD |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
34200000 | USD | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
34200000 | USD | |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
847921000 | USD |
CY2020Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
653407000 | USD |
CY2020Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
48879000 | USD |
CY2020Q3 | us-gaap |
Selling Expense
SellingExpense
|
49539000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
252000 | USD |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
1239000 | USD |
CY2020Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
752812000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
95109000 | USD |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21572000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73537000 | USD |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
653345000 | USD |
CY2019Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
519164000 | USD |
CY2019Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
39385000 | USD |
CY2019Q3 | us-gaap |
Selling Expense
SellingExpense
|
40147000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
52000 | USD |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
4637000 | USD |
CY2019Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
603281000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
50064000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12226000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
37838000 | USD |
us-gaap |
Revenues
Revenues
|
2139718000 | USD | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1672122000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
123763000 | USD | |
us-gaap |
Selling Expense
SellingExpense
|
127494000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
307000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
8454000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
1931526000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
208192000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48401000 | USD | |
us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
159791000 | USD | |
us-gaap |
Revenues
Revenues
|
1758140000 | USD | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1411488000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
106248000 | USD | |
us-gaap |
Selling Expense
SellingExpense
|
109150000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
118000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
16626000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
1643394000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
114746000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28939000 | USD | |
us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
85807000 | USD | |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
202512000 | USD |
CY2020Q3 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
140046000 | USD |
CY2020Q3 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
1843409000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
25696000 | USD |
CY2020Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
34038000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
52574000 | USD |
CY2020Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
9205000 | USD |
CY2019Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
125026000 | USD |
CY2020Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2020Q3 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
0 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
16400000 | USD |
CY2020Q3 | us-gaap |
Other Assets
OtherAssets
|
96675000 | USD |
CY2020Q3 | us-gaap |
Assets
Assets
|
2420555000 | USD |
CY2020Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
176581000 | USD |
CY2020Q3 | us-gaap |
Customer Advances And Deposits
CustomerAdvancesAndDeposits
|
66632000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
52666000 | USD |
CY2020Q3 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
0 | USD |
CY2020Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
156390000 | USD |
CY2020Q3 | us-gaap |
Special Assessment Bond Noncurrent
SpecialAssessmentBondNoncurrent
|
9892000 | USD |
CY2020Q3 | mho |
Obligation For Consolidated Inventory Not Owned
ObligationForConsolidatedInventoryNotOwned
|
364000 | USD |
CY2020Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2020Q3 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
136119000 | USD |
CY2020Q3 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
5325000 | USD |
CY2020Q3 | mho |
Seniornotesdue2025
Seniornotesdue2025
|
247483000 | USD |
CY2020Q3 | mho |
Seniornotesdue2028
Seniornotesdue2028
|
394363000 | USD |
CY2020Q3 | us-gaap |
Liabilities
Liabilities
|
1245815000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1174740000 | USD |
CY2020Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2420555000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6083000 | USD |
CY2019Q4 | us-gaap |
Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
|
155244000 | USD |
CY2019Q4 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
1769507000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
22118000 | USD |
CY2019Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
37885000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
18415000 | USD |
CY2019Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
9631000 | USD |
CY2019Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2019Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
0 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
16400000 | USD |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
70311000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
2105594000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
196429000 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6083000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
202512000 | USD |
CY2019Q4 | us-gaap |
Customer Advances And Deposits
CustomerAdvancesAndDeposits
|
34462000 | USD |
CY2019Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
0 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
18415000 | USD |
CY2019Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
147937000 | USD |
CY2019Q4 | us-gaap |
Special Assessment Bond Noncurrent
SpecialAssessmentBondNoncurrent
|
13531000 | USD |
CY2019Q4 | mho |
Obligation For Consolidated Inventory Not Owned
ObligationForConsolidatedInventoryNotOwned
|
7934000 | USD |
CY2019Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
66000000 | USD |
CY2019Q4 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
136904000 | USD |
CY2019Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
5828000 | USD |
CY2019Q4 | mho |
Seniornotesdue2021
Seniornotesdue2021
|
298988000 | USD |
CY2019Q4 | mho |
Seniornotesdue2025
Seniornotesdue2025
|
247092000 | USD |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
1102117000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1003477000 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2105594000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
197226000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8465000 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1213000 | USD | |
mho |
Intercompany Investing
IntercompanyInvesting
|
0 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
24075000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31327000 | USD | |
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
300000000 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
400000000 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
306800000 | USD | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
372800000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-785000 | USD | |
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-503000 | USD | |
mho |
Intercompany Financing
IntercompanyFinancing
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1912000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
8524000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8254000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30530000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
977000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2626000 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
438000 | USD | |
mho |
Intercompany Investing
IntercompanyInvesting
|
0 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
23522000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25710000 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
568900000 | USD | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
496400000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-44574000 | USD | |
us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-429000 | USD | |
mho |
Intercompany Financing
IntercompanyFinancing
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5150000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
40000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
14348000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
36655000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
11922000 | USD | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21529000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33451000 | USD |
CY2020Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
50000000 | USD |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
100000 | shares | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1900000 | USD | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1400000 | shares | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
32800000 | USD | |
CY2020Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
17200000 | USD |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
847921000 | USD |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
653345000 | USD |
us-gaap |
Revenues
Revenues
|
2139718000 | USD | |
us-gaap |
Revenues
Revenues
|
1758140000 | USD | |
CY2020Q3 | us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
-5700000 | USD |
CY2019Q3 | us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
-4700000 | USD |
us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
-16300000 | USD | |
us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
-10700000 | USD | |
CY2020Q3 | us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
100000 | USD |
us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
500000 | USD |