$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000083307915000093 Filed on October 30, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue	$781.6M	$670.0M	$556.8M
YoY Change	11.83%	20.33%	13.15%
Cost Of Revenue	$684.4M	$593.1M	$487.5M
YoY Change	12.29%	21.66%	17.95%
Gross Profit	$152.1M	$126.2M	$110.8M
YoY Change	8.41%	13.98%	-2.14%
Gross Profit Margin	19.46%	18.84%	19.89%
Selling, General & Admin	$26.80M	$76.87M	$69.43M
YoY Change	-7.9%	10.72%	19.96%
% of Gross Profit	17.62%	60.89%	62.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.900M	$3.600M	$3.000M
YoY Change	14.71%	20.0%	20.0%
% of Gross Profit	2.56%	2.85%	2.71%
Operating Expenses	$24.20M	$76.87M	$69.43M
YoY Change	-16.26%	10.72%	19.96%
Operating Profit	$127.9M	$49.37M	$50.82M
YoY Change	14.81%	-2.85%	-20.55%
Interest Expense	$0.00	$4.187M	$460.0K
YoY Change	-100.0%	810.22%	-86.71%
% of Operating Profit	0.0%	8.48%	0.91%
Other Income/Expense, Net		-$3.996M	$1.998M
YoY Change		-300.0%	230.25%
Pretax Income	$76.09M	$46.67M	$47.03M
YoY Change	14.6%	-0.77%	-17.18%
Income Tax	$23.20M	$16.36M	$14.45M
% Of Pretax Income	30.49%	35.06%	30.73%
Net Earnings	$52.90M	$30.31M	$32.58M
YoY Change	7.5%	-6.97%	-14.7%
Net Earnings / Revenue	6.77%	4.52%	5.85%
Basic Earnings Per Share	$1.33	$0.76	$0.83
Diluted Earnings Per Share	$1.26	$0.73	$0.79
COMMON SHARES
Basic Shares Outstanding	39.67M shares	39.66M shares	39.12M shares
Diluted Shares Outstanding		42.19M shares	41.66M shares

Balance Sheet

Concept	2015 Q4	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$262.2M	$235.4M	$84.10M
YoY Change	153.82%	179.9%	-52.65%
Cash & Equivalents	$262.2M	$235.4M	$84.11M
Short-Term Investments
Other Short-Term Assets	$69.60M	$77.00M	$64.90M
YoY Change	-2.11%	18.64%	76.84%
Inventory	$2.098B	$2.089B	$1.865B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$2.487B	$2.461B	$2.070B
YoY Change	17.95%	18.86%	29.78%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.97M	$34.40M	$31.98M
YoY Change	4.84%	7.58%	71.1%
Goodwill	$32.96M	$32.96M	$32.96M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$11.40M	$10.40M	$19.80M
YoY Change	5.56%	-47.47%	-80.87%
Other Assets	$59.10M	$66.90M	$65.50M
YoY Change	-7.8%	2.14%	-46.0%
Total Long-Term Assets	$192.4M	$203.2M	$202.5M
YoY Change	-7.17%	0.33%	-27.39%
TOTAL ASSETS
Total Short-Term Assets	$2.487B	$2.461B	$2.070B
Total Long-Term Assets	$192.4M	$203.2M	$202.5M
Total Assets	$2.680B	$2.664B	$2.273B
YoY Change	15.7%	17.21%	21.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$106.4M	$113.9M	$105.1M
YoY Change	27.27%	8.37%	37.21%
Accrued Expenses	$151.2M	$149.8M	$155.7M
YoY Change	5.73%	-3.79%	-12.63%
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	$303.7M	$315.3M	$307.2M
YoY Change	13.7%	2.64%	8.55%
LONG-TERM LIABILITIES
Long-Term Debt	$1.117B	$1.146B	$904.6M
YoY Change	19.44%	26.69%	13.32%
Other Long-Term Liabilities		$0.00	$4.300M
YoY Change		-100.0%	1333.33%
Total Long-Term Liabilities	$1.117B	$1.146B	$908.9M
YoY Change	18.89%	26.09%	13.81%
TOTAL LIABILITIES
Total Short-Term Liabilities	$303.7M	$315.3M	$307.2M
Total Long-Term Liabilities	$1.117B	$1.146B	$908.9M
Total Liabilities	$1.421B	$1.461B	$1.216B
YoY Change	17.75%	20.15%	12.42%
SHAREHOLDERS EQUITY
Retained Earnings	$699.0M	$646.2M	$521.1M
YoY Change	22.57%	24.0%	36.42%
Common Stock	$559.9M	$556.5M	$535.6M
YoY Change	3.84%	3.91%	30.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.259B	$1.203B	$1.057B
YoY Change
Total Liabilities & Shareholders Equity	$2.680B	$2.664B	$2.273B
YoY Change	15.7%	17.21%	21.28%

Cashflow Statement

Concept	2015 Q4	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	$52.90M	$30.31M	$32.58M
YoY Change	7.5%	-6.97%	-14.7%
Depreciation, Depletion And Amortization	$3.900M	$3.600M	$3.000M
YoY Change	14.71%	20.0%	20.0%
Cash From Operating Activities	$49.90M	$23.70M	-$59.00M
YoY Change	171.2%	-140.17%	195.0%
INVESTING ACTIVITIES
Capital Expenditures	-$3.800M	-$4.500M	-$4.500M
YoY Change	-13.64%	0.0%	15.38%
Acquisitions
YoY Change
Other Investing Activities	-$200.0K	$0.00	-$80.60M
YoY Change	-102.27%	-100.0%	379.76%
Cash From Investing Activities	-$4.000M	-$4.500M	-$85.00M
YoY Change	-193.02%	-94.71%	308.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-19.20M	-800.0K	-2.500M
YoY Change	448.57%	-68.0%	-725.0%
NET CHANGE
Cash From Operating Activities	49.90M	23.70M	-59.00M
Cash From Investing Activities	-4.000M	-4.500M	-85.00M
Cash From Financing Activities	-19.20M	-800.0K	-2.500M
Net Change In Cash	26.70M	18.40M	-146.5M
YoY Change	39.06%	-112.56%	262.62%
FREE CASH FLOW
Cash From Operating Activities	$49.90M	$23.70M	-$59.00M
Capital Expenditures	-$3.800M	-$4.500M	-$4.500M
Free Cash Flow	$53.70M	$28.20M	-$54.50M
YoY Change	135.53%	-151.74%	238.51%

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	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2015Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39665797	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
CY2015Q3	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	34747000	USD
CY2014Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	2649000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	6917000	USD
CY2015Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	3754000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	8763000	USD
CY2014Q4	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	59200000	USD
CY2015Q3	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	58700000	USD
CY2014Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	2783000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	7281000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	9155000	USD
CY2015Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	6330	lot
CY2015Q3	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	959260000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-364000	USD
CY2015Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3854000	USD
CY2014Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-134000	USD
CY2015Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-123000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-415000	USD
CY2015Q3	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
CY2015Q3	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	5755000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	6471000	USD
CY2015Q3	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7320000	USD
CY2014Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	3744000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	9609000	USD
CY2015Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	4649000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	12057000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	13346000	USD
CY2015Q3	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
CY2015Q3	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3456000	USD
CY2014Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	34435000	USD
CY2015Q3	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	33338000	USD
CY2014Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	4294000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	10936000	USD
CY2015Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5601000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	13517000	USD
CY2012Q1	mth	Future Infrastructure Improvement Costs FutureInfrastructureImprovementCosts	9800000	USD
CY2014Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	111238000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	313798000	USD
CY2015Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	125617000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	335341000	USD
CY2014Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	-477000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	-1462000	USD
CY2015Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	627000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	1293000	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	581000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	15220000	USD
CY2014Q4	mth	Inventory Model Homes InventoryModelHomes	109614000	USD
CY2015Q3	mth	Inventory Model Homes InventoryModelHomes	135323000	USD
CY2014Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	328931000	USD
CY2015Q3	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	505527000	USD
CY2014Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	302288000	USD
CY2015Q3	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	301528000	USD
CY2015Q3	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	91526000	USD
CY2015Q3	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	14270	lot
CY2015Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	563413000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	8361000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1246000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	91526000	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	735896000	USD
CY2015Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	74315000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3013000	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	87880000	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	10057	lot
CY2015Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	223364000	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	3646000	USD
CY2015Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	4213	lot
CY2015Q3	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	14270	lot
CY2015Q3	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	0	USD
CY2015Q3	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	0	USD
CY2015Q3	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	0	lot
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	137876000	USD
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	12338000	USD
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	2717	lot
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	34607000	USD
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	1227000	USD
CY2015Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	1010	lot
CY2014Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	4299000	USD
CY2015Q3	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	0	USD
CY2013Q2	mth	Litigation Judgment Amount With Interest LitigationJudgmentAmountWithInterest	16630585	USD
CY2010Q4	mth	Number Of Lenders Filing Petition For Involuntary Bankruptcy NumberOfLendersFilingPetitionForInvoluntaryBankruptcy	3	lender
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2015Q3	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	250	community
CY2014Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1255714	shares
CY2015Q3	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1085944	shares
CY2013Q2	mth	Supersedeas Bond SupersedeasBond	16930477	USD
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CY2015Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	6900000	USD
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CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	538788000	USD
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	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9035000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	12418000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	2197000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	2040000	USD
CY2014Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3771000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9035000	USD
CY2015Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3953000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12418000	USD
CY2014Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	22000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	24000	shares
CY2015Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2014Q4	us-gaap	Assets Assets	2316138000	USD
CY2015Q3	us-gaap	Assets Assets	2663886000	USD
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	274136000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	84105000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	103333000	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	235409000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-190031000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	132076000	USD
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CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39147153	shares
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CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2530000	shares
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	391000	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	397000	USD
CY2014Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	446015000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1158389000	USD
CY2015Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	543712000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1449835000	USD
CY2014Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	11729000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	18084000	USD
CY2015Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	7445000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	14992000	USD
CY2014Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	29379000	USD
CY2015Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	39587000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	64137000	USD
CY2015Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	66850000	USD
CY2014Q4	us-gaap	Deposit Assets DepositAssets	94989000	USD
CY2015Q3	us-gaap	Deposit Assets DepositAssets	91526000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8154000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10294000	USD
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.39
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.76
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.92
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.79
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.27
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.83
CY2014Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.307
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.345
CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.351
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.331
CY2014Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	44107000	USD
CY2015Q3	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	36565000	USD
CY2014Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	20577000	USD
CY2015Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	21756000	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	P2Y4M24D
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	8784000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	9446000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	43896000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	44114000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	7735000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	7890000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	43896000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	44114000	USD
CY2014Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	16821000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	17124000	USD
CY2014Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	4238000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	10296000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5603000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	13349000	USD
CY2014Q3	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	7982000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	19905000	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	10252000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	25406000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2197000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2040000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2197000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2040000	USD
CY2014Q3	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	12622000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	43480000	USD
CY2015Q3	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	14251000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	33678000	USD
CY2014Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1238000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	3444000	USD
CY2015Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1253000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	3914000	USD
CY2014Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	2749000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	7099000	USD
CY2015Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	3000000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	8276000	USD
CY2014Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29218000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	75460000	USD
CY2015Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	28774000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	86074000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2015Q3	us-gaap	Goodwill Goodwill	32962000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2014Q3	us-gaap	Gross Profit GrossProfit	110761000	USD
	us-gaap	Gross Profit GrossProfit	312336000	USD
CY2015Q3	us-gaap	Gross Profit GrossProfit	126244000	USD
	us-gaap	Gross Profit GrossProfit	336634000	USD
CY2014Q3	us-gaap	Home Building Costs HomeBuildingCosts	434286000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1140305000	USD
CY2015Q3	us-gaap	Home Building Costs HomeBuildingCosts	536267000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1434843000	USD
CY2014Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	545524000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1454103000	USD
CY2015Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	661884000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1770184000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	47030000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	142024000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	46668000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	113379000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6917000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	8740000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14453000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	48991000	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16360000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	37538000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	51668000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	37984000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	33920000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	39949000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	19502000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	6067000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	9015000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	10208000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	27552000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-2719000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	343763000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	198520000	USD
CY2014Q3	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
CY2015Q3	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
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	357000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	411000	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	353000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	390000	shares
CY2014Q3	us-gaap	Interest Expense InterestExpense	460000	USD
	us-gaap	Interest Expense InterestExpense	4569000	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	4187000	USD
	us-gaap	Interest Expense InterestExpense	11962000	USD
CY2014Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	378000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1135000	USD
CY2015Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	385000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1189000	USD
	us-gaap	Interest Paid Net InterestPaidNet	3801000	USD
	us-gaap	Interest Paid Net InterestPaidNet	-3732000	USD
CY2014Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	1877682000	USD
CY2015Q3	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2088690000	USD
CY2014Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1877682000	USD
CY2015Q3	us-gaap	Inventory Real Estate InventoryRealEstate	2088690000	USD
CY2014Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1136849000	USD
CY2015Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1146312000	USD
CY2014Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10780000	USD
CY2015Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10374000	USD
CY2014Q3	us-gaap	Land Sales LandSales	11252000	USD
	us-gaap	Land Sales LandSales	16622000	USD
CY2015Q3	us-gaap	Land Sales LandSales	8072000	USD
	us-gaap	Land Sales LandSales	16285000	USD
CY2015Q3	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	959260000	USD
CY2014Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	4999000	USD
CY2015Q3	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	0	USD
CY2014Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	19489000	USD
CY2015Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	17195000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	1206649000	USD
CY2015Q3	us-gaap	Liabilities Liabilities	1461217000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2316138000	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2663886000	USD
	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	110000000	USD
CY2015Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	482800000	USD
CY2014Q4	us-gaap	Litigation Reserve LitigationReserve	16499000	USD
CY2015Q3	us-gaap	Litigation Reserve LitigationReserve	19829000	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	106827000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	197864000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-67229000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-12542000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-229629000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-53246000	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	32577000	USD
	us-gaap	Net Income Loss NetIncomeLoss	93033000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	30308000	USD
	us-gaap	Net Income Loss NetIncomeLoss	75841000	USD
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	32955000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	94168000	USD
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	30693000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	77030000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2015Q3	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	state
CY2014Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	25387000	USD
CY2015Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	37500000	USD
CY2014Q4	us-gaap	Other Assets OtherAssets	332687000	USD
CY2015Q3	us-gaap	Other Assets OtherAssets	473296000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1998000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6395000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3996000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3445000	USD
CY2014Q4	us-gaap	Other Notes Payable OtherNotesPayable	30722000	USD
CY2015Q3	us-gaap	Other Notes Payable OtherNotesPayable	41898000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	130677000	USD
CY2014Q4	us-gaap	Other Receivables OtherReceivables	56763000	USD
CY2015Q3	us-gaap	Other Receivables OtherReceivables	59617000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	35697000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	0	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	245000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	300000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	16367000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12334000	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	71052000	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	77017000	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 Lines Of Credit ProceedsFromLinesOfCredit	1000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	210000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-6524000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-4044000	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	115584000	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	173000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	92000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	734000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2881000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	32403000	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	34403000	USD
CY2013Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	32992000	USD
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	44355000	USD
CY2014Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	50455000	USD
CY2014Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	54060000	USD
CY2015Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	58870000	USD
CY2015Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	61396000	USD
CY2014Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	8135000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	21301000	USD
CY2015Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	11144000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	30367000	USD
CY2014Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	14695000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	43333000	USD
CY2015Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	17857000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	49665000	USD
CY2014Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	556776000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1470725000	USD
CY2015Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	669956000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1786469000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	210000000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	570310000	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	646151000	USD
CY2014Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	45.75
CY2014Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	40211000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	107250000	USD
CY2015Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	48097000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	134876000	USD
CY2014Q4	us-gaap	Senior Notes SeniorNotes	904486000	USD
CY2015Q3	us-gaap	Senior Notes SeniorNotes	1104060000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	9035000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	12418000	USD
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	10050000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1140721	shares
CY2013Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21971000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	20882000	USD
CY2014Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21454000	USD
CY2014Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22080000	USD
CY2015Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21993000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21140000	USD
CY2014Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2451000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	9075000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4229000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	10690000	USD
CY2014Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	500000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	750000	USD
CY2014Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	3023000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	8058000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	3376000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	9000000	USD
CY2014Q3	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	1831000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	5511000	USD
CY2015Q3	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2109000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	3860000	USD
CY2014Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	1200000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	41445000	shares
CY2015Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	3000000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	146640000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	110420000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	734000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2881000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	841392000	USD
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	1056697000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	1109489000	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	1202669000	USD
	us-gaap	Stockholders Equity Other StockholdersEquityOther	114000	USD
CY2014Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	11096000	USD
CY2015Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	12022000	USD
CY2014Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2015Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41656000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41564000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42192000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42134000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39123000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38977000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39663000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39568000	shares

Files In Submission

Name	View Source	Status
0000833079-15-000093-index-headers.html	Edgar Link	pending
0000833079-15-000093-index.html	Edgar Link	pending
0000833079-15-000093.txt	Edgar Link	pending
0000833079-15-000093-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
meritagehomeslogo2a01a03.jpg	Edgar Link	pending
mth-20150930.xml	Edgar Link	completed
mth-20150930.xsd	Edgar Link	pending
mth-20150930_cal.xml	Edgar Link	unprocessable
mth-20150930_def.xml	Edgar Link	unprocessable
mth-20150930_lab.xml	Edgar Link	unprocessable
mth-20150930_pre.xml	Edgar Link	unprocessable
mth2015-093010q.htm	Edgar Link	pending
mth2015-093010qexhibit311.htm	Edgar Link	pending
mth2015-093010qexhibit312.htm	Edgar Link	pending
mth2015-093010qexhibit321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
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 Q4 Form 10-Q Financial Statement

#000083307915000093 Filed on October 30, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2015 Q4 Form 10-Q Financial Statement

#000083307915000093 Filed on October 30, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth