$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000083307916000192 Filed on October 28, 2016

Income Statement

Concept	2016 Q4	2016 Q3	2015 Q3
Revenue	$880.7M	$752.9M	$670.0M
YoY Change	12.68%	12.37%	20.33%
Cost Of Revenue	$784.8M	$674.9M	$593.1M
YoY Change	14.67%	13.79%	21.66%
Gross Profit	$157.4M	$131.9M	$126.2M
YoY Change	3.53%	4.46%	13.98%
Gross Profit Margin	17.88%	17.52%	18.84%
Selling, General & Admin	$32.00M	$85.74M	$76.87M
YoY Change	19.4%	11.53%	10.72%
% of Gross Profit	20.33%	65.01%	60.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.500M	$3.900M	$3.600M
YoY Change	15.38%	8.33%	20.0%
% of Gross Profit	2.86%	2.96%	2.85%
Operating Expenses	$30.30M	$85.74M	$76.87M
YoY Change	25.21%	11.53%	10.72%
Operating Profit	$127.1M	$46.14M	$49.37M
YoY Change	-0.58%	-6.55%	-2.85%
Interest Expense	$7.300M	$167.0K	$4.187M
YoY Change		-96.01%	810.22%
% of Operating Profit	5.74%	0.36%	8.48%
Other Income/Expense, Net		$1.435M	-$3.996M
YoY Change		-135.91%	-300.0%
Pretax Income	$76.34M	$53.80M	$46.67M
YoY Change	0.33%	15.29%	-0.77%
Income Tax	$24.50M	$16.92M	$16.36M
% Of Pretax Income	32.09%	31.44%	35.06%
Net Earnings	$51.81M	$36.89M	$30.31M
YoY Change	-2.06%	21.71%	-6.97%
Net Earnings / Revenue	5.88%	4.9%	4.52%
Basic Earnings Per Share	$1.29	$0.92	$0.76
Diluted Earnings Per Share	$1.22	$0.88	$0.73
COMMON SHARES
Basic Shares Outstanding	40.02M shares	40.02M shares	39.66M shares
Diluted Shares Outstanding		42.61M shares	42.19M shares

Balance Sheet

Concept	2016 Q4	2016 Q3	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$131.7M	$107.9M	$235.4M
YoY Change	-49.77%	-54.16%	179.9%
Cash & Equivalents	$131.7M	$107.9M	$235.4M
Short-Term Investments
Other Short-Term Assets	$75.40M	$65.40M	$77.00M
YoY Change	8.33%	-15.06%	18.64%
Inventory	$2.422B	$2.429B	$2.089B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$2.700B	$2.679B	$2.461B
YoY Change	8.53%	8.86%	18.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.20M	$33.98M	$34.40M
YoY Change	-2.26%	-1.22%	7.58%
Goodwill	$32.96M	$33.00M	$32.96M
YoY Change	0.0%	0.12%	0.0%
Intangibles
YoY Change
Long-Term Investments	$17.10M	$11.80M	$10.40M
YoY Change	50.0%	13.46%	-47.47%
Other Assets	$53.30M	$57.60M	$66.90M
YoY Change	-9.81%	-13.9%	2.14%
Total Long-Term Assets	$189.1M	$194.5M	$203.2M
YoY Change	-1.71%	-4.3%	0.33%
TOTAL ASSETS
Total Short-Term Assets	$2.700B	$2.679B	$2.461B
Total Long-Term Assets	$189.1M	$194.5M	$203.2M
Total Assets	$2.889B	$2.873B	$2.664B
YoY Change	7.8%	7.86%	17.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$140.7M	$148.3M	$113.9M
YoY Change	32.24%	30.2%	8.37%
Accrued Expenses	$170.9M	$172.0M	$149.8M
YoY Change	13.03%	14.82%	-3.79%
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	$339.9M	$366.0M	$315.3M
YoY Change	11.92%	16.08%	2.64%
LONG-TERM LIABILITIES
Long-Term Debt	$1.127B	$1.140B	$1.146B
YoY Change	0.92%	-0.54%	26.69%
Other Long-Term Liabilities			$0.00
YoY Change			-100.0%
Total Long-Term Liabilities	$1.127B	$1.140B	$1.146B
YoY Change	0.92%	-0.54%	26.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$339.9M	$366.0M	$315.3M
Total Long-Term Liabilities	$1.127B	$1.140B	$1.146B
Total Liabilities	$1.467B	$1.506B	$1.461B
YoY Change	3.26%	3.05%	20.15%
SHAREHOLDERS EQUITY
Retained Earnings	$848.6M	$796.8M	$646.2M
YoY Change	21.39%	23.31%	24.0%
Common Stock	$572.9M	$570.6M	$556.5M
YoY Change	2.32%	2.53%	3.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.421B	$1.367B	$1.203B
YoY Change
Total Liabilities & Shareholders Equity	$2.889B	$2.873B	$2.664B
YoY Change	7.8%	7.86%	17.21%

Cashflow Statement

Concept	2016 Q4	2016 Q3	2015 Q3
OPERATING ACTIVITIES
Net Income	$51.81M	$36.89M	$30.31M
YoY Change	-2.06%	21.71%	-6.97%
Depreciation, Depletion And Amortization	$4.500M	$3.900M	$3.600M
YoY Change	15.38%	8.33%	20.0%
Cash From Operating Activities	$44.90M	-$37.70M	$23.70M
YoY Change	-10.02%	-259.07%	-140.17%
INVESTING ACTIVITIES
Capital Expenditures	-$4.400M	-$4.700M	-$4.500M
YoY Change	15.79%	4.44%	0.0%
Acquisitions
YoY Change
Other Investing Activities	-$3.300M	$0.00	$0.00
YoY Change	1550.0%		-100.0%
Cash From Investing Activities	-$7.700M	-$4.800M	-$4.500M
YoY Change	92.5%	6.67%	-94.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.40M	22.20M	-800.0K
YoY Change	-30.21%	-2875.0%	-68.0%
NET CHANGE
Cash From Operating Activities	44.90M	-37.70M	23.70M
Cash From Investing Activities	-7.700M	-4.800M	-4.500M
Cash From Financing Activities	-13.40M	22.20M	-800.0K
Net Change In Cash	23.80M	-20.30M	18.40M
YoY Change	-10.86%	-210.33%	-112.56%
FREE CASH FLOW
Cash From Operating Activities	$44.90M	-$37.70M	$23.70M
Capital Expenditures	-$4.400M	-$4.700M	-$4.500M
Free Cash Flow	$49.30M	-$33.00M	$28.20M
YoY Change	-8.19%	-217.02%	-151.74%

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	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2016Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	40024984	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	92000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	144000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2881000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	232000	USD
CY2015Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	37509000	USD
CY2016Q3	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	65929000	USD
CY2015Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	3754000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	8763000	USD
CY2016Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	4681000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	11719000	USD
CY2015Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3854000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	9155000	USD
CY2016Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	4215000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	10802000	USD
CY2015Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-123000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-415000	USD
CY2016Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	440000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	856000	USD
CY2016Q3	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	region
CY2015Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	7331000	USD
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	5858000	USD
CY2015Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7888000	USD
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	10311000	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
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	5762000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	15408000	USD
CY2015Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	13345000	USD
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	12594000	USD
CY2015Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	4514000	USD
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	5129000	USD
CY2015Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	33366000	USD
CY2016Q3	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	31233000	USD
CY2015Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5601000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	13517000	USD
CY2016Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5956000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	15765000	USD
CY2015Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	125617000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	335341000	USD
CY2016Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	130979000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	372072000	USD
CY2015Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	627000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	1293000	USD
CY2016Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	895000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	1702000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	-4999000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	0	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	15220000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	14199000	USD
CY2015Q4	mth	Inventory Model Homes InventoryModelHomes	138546000	USD
CY2016Q3	mth	Inventory Model Homes InventoryModelHomes	150662000	USD
CY2015Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	456138000	USD
CY2015Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	307425000	USD
CY2016Q3	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	377490000	USD
CY2016Q3	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	632454000	USD
CY2016Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	63645000	USD
CY2016Q3	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	16888	lot
CY2016Q3	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	91053000	USD
CY2016Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	437644000	USD
CY2016Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	4395	lot
CY2016Q3	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	1096382000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	91053000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	735144000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	85579000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	9545	lot
CY2016Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	361238000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	5474000	USD
CY2016Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	7343	lot
CY2016Q3	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	16888	lot
CY2016Q3	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	0	USD
CY2016Q3	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	0	USD
CY2016Q3	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	0	lot
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	266086000	USD
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	20079000	USD
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	4330	lot
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	31414000	USD
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	1855000	USD
CY2016Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	820	lot
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2016Q3	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	237	community
CY2015Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1078877	shares
CY2016Q3	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1169625	shares
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CY2015Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	161163000	USD
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CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	559492000	USD
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	us-gaap	Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet	2040000	USD
	us-gaap	Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet	-540000	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 Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11042000	USD
CY2015Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3953000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12418000	USD
CY2016Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3729000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11042000	USD
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
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	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5000	shares
CY2015Q4	us-gaap	Assets Assets	2679777000	USD
CY2016Q3	us-gaap	Assets Assets	2873155000	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
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	262208000	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	132076000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-154293000	USD
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CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39669094	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40024984	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	397000	USD
CY2016Q3	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2015Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	543712000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1449835000	USD
CY2016Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	620983000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1774745000	USD
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	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	14992000	USD
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	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	19485000	USD
CY2015Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	36197000	USD
CY2016Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	36988000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	59147000	USD
CY2016Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	57552000	USD
CY2016Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
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CY2015Q4	us-gaap	Deposit Assets DepositAssets	87800000	USD
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CY2016Q3	us-gaap	Deposit Assets DepositAssets	91100000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10294000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11470000	USD
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.76
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.92
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.45
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.83
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.33
CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.351
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.331
CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.314
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.310
CY2015Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	41240000	USD
CY2016Q3	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	42112000	USD
CY2015Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	18545000	USD
CY2016Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	21678000	USD
CY2015	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y4M1D
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y9M26D
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	9446000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	11439000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	45768000	USD
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	46673000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	8194000	USD
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	9136000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	45768000	USD
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	46673000	USD
CY2015Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	16898000	USD
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	19085000	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
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	7612000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	19467000	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
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	13374000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	34875000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2040000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-540000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2040000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-540000	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
CY2016Q3	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	15032000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	38141000	USD
CY2015Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1253000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	3914000	USD
CY2016Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1398000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	4152000	USD
CY2015Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	3000000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	8276000	USD
CY2016Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	3139000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	9115000	USD
CY2015Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	28774000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	86074000	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	33258000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	91774000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2016Q3	us-gaap	Goodwill Goodwill	32962000	USD
CY2016Q3	us-gaap	Goodwill Goodwill	33000000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2015Q3	us-gaap	Gross Profit GrossProfit	126244000	USD
	us-gaap	Gross Profit GrossProfit	336634000	USD
CY2016Q3	us-gaap	Gross Profit GrossProfit	131874000	USD
	us-gaap	Gross Profit GrossProfit	373774000	USD
CY2015Q3	us-gaap	Home Building Costs HomeBuildingCosts	536267000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1434843000	USD
CY2016Q3	us-gaap	Home Building Costs HomeBuildingCosts	604891000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1755260000	USD
CY2015Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	661884000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1770184000	USD
CY2016Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	735870000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	2127332000	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
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	53802000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	141723000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	8740000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	11658000	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16360000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	37538000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16915000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43989000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	37984000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	43860000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	39949000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	61206000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	6067000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	14201000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	10208000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	791000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-2719000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	3160000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	198520000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	318490000	USD
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
CY2016Q3	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 Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	353000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	390000	shares
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	410000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	407000	shares
CY2015Q3	us-gaap	Interest Expense InterestExpense	4187000	USD
	us-gaap	Interest Expense InterestExpense	11962000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	167000	USD
	us-gaap	Interest Expense InterestExpense	5127000	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
CY2016Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	403000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1210000	USD
	us-gaap	Interest Paid Net InterestPaidNet	-3732000	USD
	us-gaap	Interest Paid Net InterestPaidNet	-9053000	USD
CY2015Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2098302000	USD
CY2016Q3	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2429014000	USD
CY2015Q4	us-gaap	Inventory Real Estate InventoryRealEstate	2098302000	USD
CY2016Q3	us-gaap	Inventory Real Estate InventoryRealEstate	2429014000	USD
CY2015Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1196193000	USD
CY2016Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1268408000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	11370000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	11400000	USD
CY2016Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	11800000	USD
CY2016Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	11831000	USD
CY2015Q3	us-gaap	Land Sales LandSales	8072000	USD
	us-gaap	Land Sales LandSales	16285000	USD
CY2016Q3	us-gaap	Land Sales LandSales	16987000	USD
	us-gaap	Land Sales LandSales	21187000	USD
CY2016Q3	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	1096382000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	1420840000	USD
CY2016Q3	us-gaap	Liabilities Liabilities	1505750000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2679777000	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2873155000	USD
CY2015Q4	us-gaap	Litigation Reserve LitigationReserve	18812000	USD
CY2016Q3	us-gaap	Litigation Reserve LitigationReserve	1602000	USD
CY2015Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	20000000	USD
CY2016Q3	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	100000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	197864000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6406000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12542000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12354000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-53246000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-148345000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	30308000	USD
	us-gaap	Net Income Loss NetIncomeLoss	75841000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	36887000	USD
	us-gaap	Net Income Loss NetIncomeLoss	97734000	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
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	37290000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	98944000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2016Q3	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	state
CY2016Q3	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	0	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	32037000	USD
CY2016Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	40391000	USD
CY2015Q4	us-gaap	Other Assets OtherAssets	482266000	USD
CY2016Q3	us-gaap	Other Assets OtherAssets	341257000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3996000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3445000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1435000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3263000	USD
CY2015Q4	us-gaap	Other Notes Payable OtherNotesPayable	23867000	USD
CY2016Q3	us-gaap	Other Notes Payable OtherNotesPayable	45183000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1246000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4942000	USD
CY2015Q4	us-gaap	Other Receivables OtherReceivables	57296000	USD
CY2016Q3	us-gaap	Other Receivables OtherReceivables	76371000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3013000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	0	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	645000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	300000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	242000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12334000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12256000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	69645000	USD
CY2016Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	65436000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	200000000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
CY2015Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	210000000	USD
CY2016Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	50000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	106000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-4044000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-18286000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	25000000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	0	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	645000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33970000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33983000	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
CY2015Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	61202000	USD
CY2016Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	64682000	USD
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	67631000	USD
CY2015Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	11144000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	30367000	USD
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	14256000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	41088000	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
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	17372000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	52644000	USD
CY2015Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	669956000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1786469000	USD
CY2016Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	752857000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	2148519000	USD
CY2015Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	210000000	USD
CY2016Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	25000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	81000000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	699048000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	796782000	USD
CY2015Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	48097000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	134876000	USD
CY2016Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	52478000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	155034000	USD
CY2015Q4	us-gaap	Senior Notes SeniorNotes	1093173000	USD
CY2016Q3	us-gaap	Senior Notes SeniorNotes	1094632000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	12418000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11042000	USD
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	5350000	shares
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1729563	shares
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
CY2015Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21615000	USD
CY2016Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22699000	USD
CY2016Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21966000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4229000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	10690000	USD
CY2016Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	-275000	USD
CY2015Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	3376000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	12068000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	9000000	USD
CY2016Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4843000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	11442000	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
CY2016Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4110000	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
CY2016Q3	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	1883000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	5848000	USD
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
CY2016Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	14400000	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2881000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	232000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	1109489000	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	1202669000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1258937000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	1367405000	USD
CY2015Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	9950000	USD
CY2016Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	8687000	USD
CY2015Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2016Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
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
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42608000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42541000	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
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40022000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39958000	shares

Files In Submission

Name	View Source	Status
0000833079-16-000192-index-headers.html	Edgar Link	pending
0000833079-16-000192-index.html	Edgar Link	pending
0000833079-16-000192.txt	Edgar Link	pending
0000833079-16-000192-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
meritagehomeslogo2a01a03.jpg	Edgar Link	pending
mth-20160930.xml	Edgar Link	completed
mth-20160930.xsd	Edgar Link	pending
mth-20160930_cal.xml	Edgar Link	unprocessable
mth-20160930_def.xml	Edgar Link	unprocessable
mth-20160930_lab.xml	Edgar Link	unprocessable
mth-20160930_pre.xml	Edgar Link	unprocessable
mth2016-093010q.htm	Edgar Link	pending
mth2016-093010qexhibit311.htm	Edgar Link	pending
mth2016-093010qexhibit312.htm	Edgar Link	pending
mth2016-093010qexhibit321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R65.htm	Edgar Link	pending
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

2016 Q4 Form 10-Q Financial Statement

#000083307916000192 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2016 Q4 Form 10-Q Financial Statement

#000083307916000192 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth