$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000083307915000078 Filed on July 31, 2015

Income Statement

Concept	2015 Q2	2014 Q2
Revenue	$597.8M	$505.6M
YoY Change	18.24%	12.37%
Cost Of Revenue	$529.6M	$432.8M
YoY Change	22.37%	11.89%
Gross Profit	$114.7M	$110.0M
YoY Change	4.31%	15.73%
Gross Profit Margin	19.2%	21.76%
Selling, General & Admin	$72.82M	$60.68M
YoY Change	20.01%	13.14%
% of Gross Profit	63.46%	55.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.500M	$2.700M
YoY Change	29.63%	8.0%
% of Gross Profit	3.05%	2.45%
Operating Expenses	$72.82M	$60.68M
YoY Change	20.01%	13.14%
Operating Profit	$41.93M	$56.68M
YoY Change	-26.02%	15.86%
Interest Expense	$4.621M	$1.396M
YoY Change	231.02%	-69.14%
% of Operating Profit	11.02%	2.46%
Other Income/Expense, Net	$136.0K	$3.749M
YoY Change	-96.37%	447.3%
Pretax Income	$41.41M	$55.24M
YoY Change	-25.02%	43.35%
Income Tax	$12.28M	$20.16M
% Of Pretax Income	29.65%	36.49%
Net Earnings	$29.13M	$35.08M
YoY Change	-16.95%	24.65%
Net Earnings / Revenue	4.87%	6.94%
Basic Earnings Per Share	$0.73	$0.90
Diluted Earnings Per Share	$0.70	$0.85
COMMON SHARES
Basic Shares Outstanding	39.65M shares	39.12M shares
Diluted Shares Outstanding	42.15M shares	41.60M shares

Balance Sheet

Concept	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$217.0M	$230.6M
YoY Change	-5.9%	5.78%
Cash & Equivalents	$217.0M	$230.6M
Short-Term Investments
Other Short-Term Assets	$76.10M	$42.50M
YoY Change	79.06%	41.67%
Inventory	$2.027B	$1.638B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$2.385B	$1.962B
YoY Change	21.57%	30.32%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.74M	$28.83M
YoY Change	17.04%	69.45%
Goodwill	$32.96M
YoY Change
Intangibles
YoY Change
Long-Term Investments	$10.30M	$69.80M
YoY Change	-85.24%	-32.04%
Other Assets	$65.70M	$68.30M
YoY Change	-3.81%	-43.32%
Total Long-Term Assets	$201.8M	$230.9M
YoY Change	-12.61%	-11.9%
TOTAL ASSETS
Total Short-Term Assets	$2.385B	$1.962B
Total Long-Term Assets	$201.8M	$230.9M
Total Assets	$2.587B	$2.193B
YoY Change	17.97%	24.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$103.1M	$84.00M
YoY Change	22.74%	22.27%
Accrued Expenses	$133.0M	$151.8M
YoY Change	-12.38%	39.65%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$279.5M	$263.3M
YoY Change	6.15%	20.45%
LONG-TERM LIABILITIES
Long-Term Debt	$1.139B	$904.8M
YoY Change	25.87%	13.36%
Other Long-Term Liabilities	$0.00	$4.300M
YoY Change	-100.0%
Total Long-Term Liabilities	$1.139B	$909.1M
YoY Change	25.28%	13.89%
TOTAL LIABILITIES
Total Short-Term Liabilities	$279.5M	$263.3M
Total Long-Term Liabilities	$1.139B	$909.1M
Total Liabilities	$1.418B	$1.172B
YoY Change	20.98%	15.3%
SHAREHOLDERS EQUITY
Retained Earnings	$615.8M	$488.5M
YoY Change	26.06%	42.1%
Common Stock	$552.5M	$531.8M
YoY Change	3.89%	30.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.168B	$1.020B
YoY Change
Total Liabilities & Shareholders Equity	$2.587B	$2.193B
YoY Change	17.97%	24.06%

Cashflow Statement

Concept	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	$29.13M	$35.08M
YoY Change	-16.95%	24.65%
Depreciation, Depletion And Amortization	$3.500M	$2.700M
YoY Change	29.63%	8.0%
Cash From Operating Activities	-$38.70M	-$41.10M
YoY Change	-5.84%	111.86%
INVESTING ACTIVITIES
Capital Expenditures	-$3.200M	-$4.900M
YoY Change	-34.69%	58.06%
Acquisitions
YoY Change
Other Investing Activities	-$100.0K	$17.60M
YoY Change	-100.57%	-331.58%
Cash From Investing Activities	-$3.400M	$12.70M
YoY Change	-126.77%	-220.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	169.9M	-2.000M
YoY Change	-8595.0%	-97.4%
NET CHANGE
Cash From Operating Activities	-38.70M	-41.10M
Cash From Investing Activities	-3.400M	12.70M
Cash From Financing Activities	169.9M	-2.000M
Net Change In Cash	127.8M	-30.40M
YoY Change	-520.39%	-71.56%
FREE CASH FLOW
Cash From Operating Activities	-$38.70M	-$41.10M
Capital Expenditures	-$3.200M	-$4.900M
Free Cash Flow	-$35.50M	-$36.20M
YoY Change	-1.93%	122.09%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39660997	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP
CY2014Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	34975000	USD
CY2015Q2	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	40187000	USD
CY2014Q4	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	59200000	USD
CY2015Q2	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	57500000	USD
CY2014Q2	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	2297000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	4498000	USD
CY2015Q2	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	2757000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	5301000	USD
CY2014Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-61000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-230000	USD
CY2015Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-169000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-292000	USD
CY2015Q2	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	Region
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	5994000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	5609000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	6471000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	5743000	USD
CY2014Q2	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	3112000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	5865000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	4213000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	7408000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	13346000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	13345000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	2990000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	6058000	USD
	us-gaap	Land Sales LandSales	8213000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3947000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	34435000	USD
CY2015Q2	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	33902000	USD
CY2014Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	3617000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	6642000	USD
CY2015Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	4136000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	7916000	USD
CY2012Q1	mth	Future Infrastructure Improvement Costs FutureInfrastructureImprovementCosts	9800000	USD
CY2014Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	109961000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	202560000	USD
CY2015Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	114237000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	209724000	USD
CY2014Q2	mth	Gross Profit Land Sales GrossProfitLandSales	42000	USD
	mth	Gross Profit Land Sales GrossProfitLandSales	-985000	USD
CY2015Q2	mth	Gross Profit Land Sales GrossProfitLandSales	512000	USD
	mth	Gross Profit Land Sales GrossProfitLandSales	666000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	4710000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	-4999000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	1043000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	7143000	USD
CY2014Q1	mth	Incremental Attorney Feesto Supersedeas Bond IncrementalAttorneyFeestoSupersedeasBond	877241	USD
CY2013Q2	mth	Initial Litigation Judgment Amount InitialLitigationJudgmentAmount	15053857	USD
CY2014Q4	mth	Inventory Model Homes InventoryModelHomes	109614000	USD
CY2015Q2	mth	Inventory Model Homes InventoryModelHomes	120981000	USD
CY2014Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	328931000	USD
CY2015Q2	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	506004000	USD
CY2014Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	302288000	USD
CY2015Q2	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	251067000	USD
CY2015Q2	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	92085000	USD
CY2015Q2	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	15705	Lot
CY2015Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	537038000	USD
CY2015Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	73925000	USD
CY2015Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	6706	Lot
CY2015Q2	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	976689000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	92085000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	694825000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	87994000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	10129	Lot
CY2015Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	281864000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	4091000	USD
CY2015Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	5576	Lot
CY2015Q2	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	15705	Lot
CY2015Q2	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	0	USD
CY2015Q2	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	0	USD
CY2015Q2	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	0	Lot
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	125952000	USD
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	13321000	USD
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	2516	Lot
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	31835000	USD
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	748000	USD
CY2015Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	907	Lot
CY2014Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	4299000	USD
CY2015Q2	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	0	USD
CY2013Q3	mth	Litigation Judgment Amount With Interest LitigationJudgmentAmountWithInterest	15753344	USD
CY2013Q3	mth	Litigation Judgment Interest LitigationJudgmentInterest	699487	USD
CY2010Q4	mth	Number Of Lenders Filing Petition For Involuntary Bankruptcy NumberOfLendersFilingPetitionForInvoluntaryBankruptcy	3	lender
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2015Q2	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	240	Community
CY2014Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1255714	shares
CY2015Q2	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1137554	shares
CY2015Q2	mth	Supersedeas Bond SupersedeasBond	16930477	USD
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	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5264000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	8465000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	2194000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	2012000	USD
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	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5264000	USD
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	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8465000	USD
CY2014Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	254000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	20000	shares
CY2015Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7000	shares
CY2014Q4	us-gaap	Assets Assets	2316138000	USD
CY2015Q2	us-gaap	Assets Assets	2586669000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	274136000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	230630000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-43506000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	113688000	USD
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39147153	shares
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2955000	USD
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39660997	shares
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CY2014Q4	us-gaap	Common Stock Value CommonStockValue	391000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	0	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	233000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	282000	USD
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	397000	USD
CY2014Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	395601000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	712374000	USD
CY2015Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	483052000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	906123000	USD
CY2014Q2	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	2762000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	6355000	USD
CY2015Q2	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	6262000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	7547000	USD
CY2014Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	29379000	USD
CY2015Q2	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	38728000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	64137000	USD
CY2015Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	65651000	USD
CY2014Q4	us-gaap	Deposit Assets DepositAssets	94989000	USD
CY2015Q2	us-gaap	Deposit Assets DepositAssets	92085000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5182000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6729000	USD
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.90
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.55
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.15
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.85
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.48
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.70
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.10
CY2014Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.365
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.364
CY2015Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.297
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.317
CY2014Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	44107000	USD
CY2015Q2	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	29592000	USD
CY2014Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	20577000	USD
CY2015Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	25868000	USD
CY2014	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y1M10D
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y8M5D
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6119000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	5769000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	43896000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	43592000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	7735000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	7980000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	43896000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	43592000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	16821000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	16658000	USD
CY2014Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	3502000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8465000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	4200000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	7746000	USD
CY2014Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	6614000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	11923000	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	8413000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	15154000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2194000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2012000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2194000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2012000	USD
CY2014Q2	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	17976000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	30858000	USD
CY2015Q2	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	11767000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	19427000	USD
CY2014Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1131000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2206000	USD
CY2015Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1362000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2661000	USD
CY2014Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	2451000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	4350000	USD
CY2015Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	2741000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	5276000	USD
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24571000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	46242000	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	27650000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	57300000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2015Q2	us-gaap	Goodwill Goodwill	32962000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	110003000	USD
	us-gaap	Gross Profit GrossProfit	201575000	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	114749000	USD
	us-gaap	Gross Profit GrossProfit	210390000	USD
CY2014Q2	us-gaap	Home Building Costs HomeBuildingCosts	392839000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	706019000	USD
CY2015Q2	us-gaap	Home Building Costs HomeBuildingCosts	476790000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	898576000	USD
CY2014Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	502800000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	908579000	USD
CY2015Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	591027000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1108300000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	55236000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	94994000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	41414000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	66711000	USD
CY2014Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2236000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4268000	USD
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2588000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5009000	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20157000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34538000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12281000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	21178000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	41519000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	27227000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2247000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	4996000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	15121000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	10346000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	5537000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	9349000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	7986000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-3604000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	229805000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	144450000	USD
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2015Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	304000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	407000	shares
CY2015Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	321000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	383000	shares
CY2014Q2	us-gaap	Interest Expense InterestExpense	1396000	USD
	us-gaap	Interest Expense InterestExpense	4109000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	4621000	USD
	us-gaap	Interest Expense InterestExpense	7775000	USD
CY2014Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	378000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	757000	USD
CY2015Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	386000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	771000	USD
	us-gaap	Interest Paid Net InterestPaidNet	2413000	USD
	us-gaap	Interest Paid Net InterestPaidNet	4061000	USD
CY2014Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	1877682000	USD
CY2015Q2	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2027064000	USD
CY2014Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1877682000	USD
CY2015Q2	us-gaap	Inventory Real Estate InventoryRealEstate	2027064000	USD
CY2014Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1136849000	USD
CY2015Q2	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1149012000	USD
CY2014Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10780000	USD
CY2015Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10303000	USD
CY2014Q2	us-gaap	Land Sales LandSales	2804000	USD
	us-gaap	Land Sales LandSales	5370000	USD
CY2015Q2	us-gaap	Land Sales LandSales	6774000	USD
CY2015Q2	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	976689000	USD
CY2014Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	4999000	USD
CY2015Q2	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	0	USD
CY2014Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	19489000	USD
CY2015Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	17591000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	1206649000	USD
CY2015Q2	us-gaap	Liabilities Liabilities	1418331000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2316138000	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2586669000	USD
CY2015Q2	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	110000000	USD
CY2015Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	482400000	USD
CY2014Q4	us-gaap	Litigation Reserve LitigationReserve	16499000	USD
CY2015Q2	us-gaap	Litigation Reserve LitigationReserve	15484000	USD
CY2012Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	13500000	USD
CY2012Q1	us-gaap	Loss Contingency Pending Claims Number LossContingencyPendingClaimsNumber	2	claim
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	109285000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	198685000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	17823000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-8049000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-170614000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-76948000	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	35079000	USD
	us-gaap	Net Income Loss NetIncomeLoss	60456000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	29133000	USD
	us-gaap	Net Income Loss NetIncomeLoss	45533000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	35457000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	61213000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	29519000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	46304000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2015Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	State
CY2014Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	25387000	USD
CY2015Q2	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	25709000	USD
CY2014Q4	us-gaap	Other Assets OtherAssets	332687000	USD
CY2015Q2	us-gaap	Other Assets OtherAssets	457217000	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3749000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4397000	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	136000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	551000	USD
CY2014Q4	us-gaap	Other Notes Payable OtherNotesPayable	30722000	USD
CY2015Q2	us-gaap	Other Notes Payable OtherNotesPayable	34654000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3955000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	424000	USD
CY2014Q4	us-gaap	Other Receivables OtherReceivables	56763000	USD
CY2015Q2	us-gaap	Other Receivables OtherReceivables	64659000	USD
CY2015Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	35614000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11864000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7829000	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	71052000	USD
CY2015Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	76145000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	110420000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	200000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-4036000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-3211000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	65388000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	0	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	146000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	62000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	707000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2839000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	32403000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33741000	USD
CY2013Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	32992000	USD
CY2014Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	38701000	USD
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	44355000	USD
CY2014Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	54060000	USD
CY2015Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	56843000	USD
CY2015Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	58870000	USD
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	7332000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	13166000	USD
CY2015Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	9878000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	19223000	USD
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	14382000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	28638000	USD
CY2015Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	16526000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	31808000	USD
CY2014Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	505604000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	913949000	USD
CY2015Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	597801000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1116513000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	570310000	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	615843000	USD
CY2014Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	45.75
CY2014Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	36105000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	67039000	USD
CY2015Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	45167000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	86779000	USD
CY2014Q4	us-gaap	Senior Notes SeniorNotes	904486000	USD
CY2015Q2	us-gaap	Senior Notes SeniorNotes	1104202000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5264000	USD
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	10050000	shares
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1076123	shares
CY2013Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21971000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21482000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	20882000	USD
CY2014Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22080000	USD
CY2015Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21839000	USD
CY2015Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21993000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3859000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	6624000	USD
CY2015Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3592000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	6461000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	500000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	500000	USD
CY2015Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	750000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	750000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2759000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	5035000	USD
CY2015Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2996000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	5624000	USD
CY2014Q2	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2181000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	3680000	USD
CY2015Q2	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	514000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	1751000	USD
CY2014Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	40245000	shares
CY2015Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	200000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	143640000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	110420000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	707000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2839000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	841392000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	1020319000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	1109489000	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	1168338000	USD
	us-gaap	Stockholders Equity Other StockholdersEquityOther	114000	USD
CY2014Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	11096000	USD
CY2015Q2	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	4637000	USD
CY2014Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2015Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41598000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41487000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42145000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42079000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39118000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39520000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38904000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39648000	shares

Files In Submission

Name	View Source	Status
0000833079-15-000078-index-headers.html	Edgar Link	pending
0000833079-15-000078-index.html	Edgar Link	pending
0000833079-15-000078.txt	Edgar Link	pending
0000833079-15-000078-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
meritagehomeslogo2a01a02.jpg	Edgar Link	pending
mth-20150630.xml	Edgar Link	completed
mth-20150630.xsd	Edgar Link	pending
mth-20150630_cal.xml	Edgar Link	unprocessable
mth-20150630_def.xml	Edgar Link	unprocessable
mth-20150630_lab.xml	Edgar Link	unprocessable
mth-20150630_pre.xml	Edgar Link	unprocessable
mth2015-063010q.htm	Edgar Link	pending
mth2015063010qexhibit311.htm	Edgar Link	pending
mth2015063010qexhibit312.htm	Edgar Link	pending
mth2015063010qexhibit321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MTH
Meritage Homes CORP Stock $mth

2015 Q2 Form 10-Q Financial Statement

#000083307915000078 Filed on July 31, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2015 Q2 Form 10-Q Financial Statement

#000083307915000078 Filed on July 31, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth