$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000083307917000066 Filed on August 03, 2017

Income Statement

Concept	2017 Q2	2016 Q2
Revenue	$802.0M	$797.9M
YoY Change	0.51%	33.47%
Cost Of Revenue	$717.3M	$717.7M
YoY Change	-0.06%	35.52%
Gross Profit	$140.9M	$138.1M
YoY Change	2.03%	20.35%
Gross Profit Margin	17.57%	17.31%
Selling, General & Admin	$84.29M	$85.28M
YoY Change	-1.16%	17.11%
% of Gross Profit	59.82%	61.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.200M	$4.200M
YoY Change	0.0%	20.0%
% of Gross Profit	2.98%	3.04%
Operating Expenses	$84.29M	$85.28M
YoY Change	-1.16%	17.11%
Operating Profit	$56.62M	$52.83M
YoY Change	7.18%	25.98%
Interest Expense	$1.620M	$1.672M
YoY Change	-3.11%	-63.82%
% of Operating Profit	2.86%	3.17%
Other Income/Expense, Net	$2.080M	$1.545M
YoY Change	34.63%	1036.03%
Pretax Income	$63.21M	$59.04M
YoY Change	7.06%	42.55%
Income Tax	$21.63M	$19.16M
% Of Pretax Income	34.21%	32.45%
Net Earnings	$41.58M	$39.88M
YoY Change	4.27%	36.88%
Net Earnings / Revenue	5.18%	5.0%
Basic Earnings Per Share	$1.03	$1.00
Diluted Earnings Per Share	$0.98	$0.95
COMMON SHARES
Basic Shares Outstanding	40.32M shares	40.01M shares
Diluted Shares Outstanding	42.78M shares	42.53M shares

Balance Sheet

Concept	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$216.7M	$128.2M
YoY Change	69.03%	-40.92%
Cash & Equivalents	$216.7M	$128.2M
Short-Term Investments
Other Short-Term Assets	$83.10M	$67.40M
YoY Change	23.29%	-11.43%
Inventory	$2.638B	$2.301B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$3.011B	$2.566B
YoY Change	17.37%	7.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$32.62M	$34.01M
YoY Change	-4.08%	0.79%
Goodwill	$32.96M	$33.00M
YoY Change	-0.12%	0.12%
Intangibles
YoY Change
Long-Term Investments	$16.70M	$11.20M
YoY Change	49.11%	8.74%
Other Assets	$55.30M	$58.80M
YoY Change	-5.95%	-10.5%
Total Long-Term Assets	$189.4M	$195.5M
YoY Change	-3.1%	-3.13%
TOTAL ASSETS
Total Short-Term Assets	$3.011B	$2.566B
Total Long-Term Assets	$189.4M	$195.5M
Total Assets	$3.201B	$2.761B
YoY Change	15.92%	6.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$140.0M	$126.0M
YoY Change	11.11%	22.21%
Accrued Expenses	$152.6M	$143.2M
YoY Change	6.56%	7.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$342.3M	$320.3M
YoY Change	6.87%	14.6%
LONG-TERM LIABILITIES
Long-Term Debt	$1.358B	$1.114B
YoY Change	21.86%	-2.19%
Other Long-Term Liabilities	$8.500M
YoY Change
Total Long-Term Liabilities	$1.366B	$1.114B
YoY Change	22.62%	-2.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$342.3M	$320.3M
Total Long-Term Liabilities	$1.366B	$1.114B
Total Liabilities	$1.708B	$1.434B
YoY Change	19.1%	1.13%
SHAREHOLDERS EQUITY
Retained Earnings	$913.7M	$759.9M
YoY Change	20.25%	23.39%
Common Stock	$578.7M	$566.9M
YoY Change	2.08%	2.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.492B	$1.327B
YoY Change
Total Liabilities & Shareholders Equity	$3.201B	$2.761B
YoY Change	15.92%	6.75%

Cashflow Statement

Concept	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$41.58M	$39.88M
YoY Change	4.27%	36.88%
Depreciation, Depletion And Amortization	$4.200M	$4.200M
YoY Change	0.0%	20.0%
Cash From Operating Activities	-$45.90M	-$28.80M
YoY Change	59.38%	-25.58%
INVESTING ACTIVITIES
Capital Expenditures	-$5.100M	-$3.700M
YoY Change	37.84%	15.62%
Acquisitions
YoY Change
Other Investing Activities	$900.0K	-$100.0K
YoY Change	-1000.0%	0.0%
Cash From Investing Activities	-$4.200M	-$3.600M
YoY Change	16.67%	5.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	181.2M	-11.60M
YoY Change	-1662.07%	-106.83%
NET CHANGE
Cash From Operating Activities	-45.90M	-28.80M
Cash From Investing Activities	-4.200M	-3.600M
Cash From Financing Activities	181.2M	-11.60M
Net Change In Cash	131.1M	-44.00M
YoY Change	-397.95%	-134.43%
FREE CASH FLOW
Cash From Operating Activities	-$45.90M	-$28.80M
Capital Expenditures	-$5.100M	-$3.700M
Free Cash Flow	-$40.80M	-$25.10M
YoY Change	62.55%	-29.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Type DocumentType	10-Q
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7313000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1250000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	40320282	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP
CY2016Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	53778000	USD
CY2017Q2	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	57691000	USD
CY2016Q2	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	4402000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	7038000	USD
CY2017Q2	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	4068000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	7250000	USD
CY2016Q2	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3795000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	6587000	USD
CY2017Q2	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3459000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	6184000	USD
CY2016Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	573000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	416000	USD
CY2017Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	570000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	943000	USD
CY2017Q2	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	region
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	7339000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	5679000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7446000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7807000	USD
CY2016Q2	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	4670000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	9646000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	6106000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	10586000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	23000000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	23887000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	6461000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	4572000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	54319000	USD
CY2017Q2	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	53172000	USD
CY2016Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5763000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	9809000	USD
CY2017Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5557000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	9847000	USD
CY2016Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	137746000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	241093000	USD
CY2017Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	140910000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	248178000	USD
CY2016Q2	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	358000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	807000	USD
CY2017Q2	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	0	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	2495000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	0	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	9987000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	11101000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	5786000	USD
CY2016Q4	mth	Inventory Model Homes InventoryModelHomes	147406000	USD
CY2017Q2	mth	Inventory Model Homes InventoryModelHomes	146602000	USD
CY2016Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	508927000	USD
CY2017Q2	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	662829000	USD
CY2016Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	431725000	USD
CY2017Q2	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	423887000	USD
CY2017Q2	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	74750000	USD
CY2017Q2	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	22434	lot
CY2017Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	324101000	USD
CY2017Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	43139000	USD
CY2017Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	4202	lot
CY2017Q2	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	1022274000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	76248000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	757557000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	71648000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	13176	lot
CY2017Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	264717000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	4600000	USD
CY2017Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	9323	lot
CY2017Q2	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	22499	lot
CY2017Q2	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	9987000	USD
CY2017Q2	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	1498000	USD
CY2017Q2	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	65	lot
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	354503000	USD
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	25645000	USD
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	6974	lot
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	68966000	USD
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	1366000	USD
CY2017Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	1935	lot
CY2016Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	0	USD
CY2017Q2	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	8489000	USD
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2017Q2	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	257	community
CY2016Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1147271	shares
CY2017Q2	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1328601	shares
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	us-gaap	Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet	-526000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.62
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5792000	USD
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	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5785000	USD
CY2016Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	289000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	19000	shares
CY2017Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	59000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2000	shares
CY2016Q4	us-gaap	Assets Assets	2888691000	USD
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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	-134037000	USD
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CY2016Q4	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2017Q2	us-gaap	Common Stock Value CommonStockValue	403000	USD
CY2016Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	659792000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1153762000	USD
CY2017Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	661068000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1224077000	USD
CY2016Q2	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	1693000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	3393000	USD
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	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	13858000	USD
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CY2017Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
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CY2016Q4	us-gaap	Deposit Assets DepositAssets	85556000	USD
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	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7600000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7872000	USD
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.52
	us-gaap	Financial Services Revenue FinancialServicesRevenue	5976000	USD
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.45
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.54
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	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.308
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	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.348
CY2016Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	52941000	USD
CY2017Q2	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	38608000	USD
CY2016Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	18528000	USD
CY2017Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	24115000	USD
CY2016	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y6M22D
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P4Y1M24D
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	7343000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6712000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	68226000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	65551000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14245000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14430000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	68226000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	65551000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	23642000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	21555000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5760000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	11855000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	7324000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	10443000	USD
CY2016Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	10430000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	21501000	USD
CY2017Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	13430000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	21029000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-526000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	0	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-526000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	USD
CY2016Q2	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	16568000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	23109000	USD
CY2017Q2	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	19215000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	30788000	USD
CY2016Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1508000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2754000	USD
CY2017Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1551000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2930000	USD
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2016Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	3476000	USD
CY2017Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	3649000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	6593000	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	28898000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	58516000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29591000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	59213000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2017Q2	us-gaap	Goodwill Goodwill	33000000	USD
CY2017Q2	us-gaap	Goodwill Goodwill	32962000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	138104000	USD
	us-gaap	Gross Profit GrossProfit	241900000	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	140910000	USD
	us-gaap	Gross Profit GrossProfit	250673000	USD
CY2016Q2	us-gaap	Home Building Costs HomeBuildingCosts	658099000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1150369000	USD
CY2017Q2	us-gaap	Home Building Costs HomeBuildingCosts	656870000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1210219000	USD
CY2016Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	795845000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1391462000	USD
CY2017Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	797780000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1458397000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	59036000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	87921000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	63205000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	99974000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	7003000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	7127000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19158000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	27074000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	21625000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34822000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	24722000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	34426000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	12944000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5497000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	9368000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	9428000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	3449000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	7849000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	3551000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-9308000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	193981000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	211384000	USD
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	1991000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2083000	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	345000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	375000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	473000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	505000	shares
CY2016Q2	us-gaap	Interest Expense InterestExpense	1672000	USD
	us-gaap	Interest Expense InterestExpense	4960000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	1620000	USD
	us-gaap	Interest Expense InterestExpense	2445000	USD
CY2016Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	400000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	801000	USD
CY2017Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	354000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	739000	USD
	us-gaap	Interest Paid Net InterestPaidNet	2672000	USD
	us-gaap	Interest Paid Net InterestPaidNet	161000	USD
CY2016Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2422063000	USD
CY2017Q2	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2638407000	USD
CY2016Q4	us-gaap	Inventory Real Estate InventoryRealEstate	2422063000	USD
CY2017Q2	us-gaap	Inventory Real Estate InventoryRealEstate	2638407000	USD
CY2016Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1334005000	USD
CY2017Q2	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1405089000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	17100000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	17097000	USD
CY2017Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16678000	USD
CY2017Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16700000	USD
CY2016Q2	us-gaap	Land Sales LandSales	2051000	USD
	us-gaap	Land Sales LandSales	4200000	USD
CY2017Q2	us-gaap	Land Sales LandSales	4198000	USD
	us-gaap	Land Sales LandSales	16353000	USD
CY2017Q2	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	1012287000	USD
CY2016Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	0	USD
CY2017Q2	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	9987000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	1467196000	USD
CY2017Q2	us-gaap	Liabilities Liabilities	1708253000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2888691000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3200692000	USD
CY2016Q4	us-gaap	Litigation Reserve LitigationReserve	673000	USD
CY2017Q2	us-gaap	Litigation Reserve LitigationReserve	615000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15776000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	223179000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7642000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-110619000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7394000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-130748000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	39878000	USD
	us-gaap	Net Income Loss NetIncomeLoss	60847000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	41580000	USD
	us-gaap	Net Income Loss NetIncomeLoss	65152000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	40278000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	61648000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	41934000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	65891000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2017Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	state
CY2017Q2	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	0	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	31163000	USD
CY2017Q2	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	32021000	USD
CY2016Q4	us-gaap	Other Assets OtherAssets	363975000	USD
CY2017Q2	us-gaap	Other Assets OtherAssets	470857000	USD
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1545000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1828000	USD
CY2017Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2080000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3190000	USD
CY2016Q4	us-gaap	Other Notes Payable OtherNotesPayable	32195000	USD
CY2017Q2	us-gaap	Other Notes Payable OtherNotesPayable	17256000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3262000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	10000	USD
CY2016Q4	us-gaap	Other Receivables OtherReceivables	70355000	USD
CY2017Q2	us-gaap	Other Receivables OtherReceivables	73109000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3998000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	645000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1258000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	159000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	408000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7570000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8322000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	75396000	USD
CY2017Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	83112000	USD
CY2016Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	56000000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	300000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	56000000	USD
CY2017Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	85000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	245000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-15482000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-5725000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-15000000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	645000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	1258000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	87000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	86000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	232000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33202000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	32620000	USD
CY2015Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	61202000	USD
CY2016Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	64126000	USD
CY2016Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	64682000	USD
CY2016Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	68196000	USD
CY2017Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	70885000	USD
CY2017Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	72327000	USD
CY2016Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	15485000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	26832000	USD
CY2017Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	16218000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	30599000	USD
CY2016Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	17713000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	35272000	USD
CY2017Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	19280000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	37175000	USD
CY2016Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	797896000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1395662000	USD
CY2017Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	801978000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1474750000	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	52098000	USD
CY2016Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	56000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	56000000	USD
CY2017Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	145000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	260000000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	848589000	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	913741000	USD
CY2016Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	56379000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	102556000	USD
CY2017Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	54701000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	103021000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1102665	shares
CY2016Q4	us-gaap	Senior Notes SeniorNotes	1095119000	USD
CY2017Q2	us-gaap	Senior Notes SeniorNotes	1340274000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	7313000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5785000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	5350000	shares
CY2015Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21615000	USD
CY2016Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22308000	USD
CY2016Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22699000	USD
CY2016Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22660000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22477000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23620000	USD
CY2016Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3757000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	6599000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3167000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	7165000	USD
CY2016Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	-275000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	-275000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2016Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4423000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	7958000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4310000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	8125000	USD
CY2016Q2	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2590000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	3965000	USD
CY2017Q2	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2410000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	4034000	USD
CY2016Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	3200	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	14400	shares
CY2017Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	232000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1258937000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	1326803000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1421495000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	1492439000	USD
CY2016Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	9637000	USD
CY2017Q2	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	13525000	USD
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2017Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42533000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42477000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42781000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42836000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40012000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39926000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40317000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40248000	shares

Files In Submission

Name	View Source	Status
0000833079-17-000066-index-headers.html	Edgar Link	pending
0000833079-17-000066-index.html	Edgar Link	pending
0000833079-17-000066.txt	Edgar Link	pending
0000833079-17-000066-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mhlogo1linetaga03.jpg	Edgar Link	pending
mth-20170630.xml	Edgar Link	completed
mth-20170630.xsd	Edgar Link	pending
mth-20170630_cal.xml	Edgar Link	unprocessable
mth-20170630_def.xml	Edgar Link	unprocessable
mth-20170630_lab.xml	Edgar Link	unprocessable
mth-20170630_pre.xml	Edgar Link	unprocessable
mth2017-063010q.htm	Edgar Link	pending
mth2017-063010qexhibit311.htm	Edgar Link	pending
mth2017-063010qexhibit312.htm	Edgar Link	pending
mth2017-063010qexhibit321.htm	Edgar Link	pending
R1.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

2017 Q2 Form 10-Q Financial Statement

#000083307917000066 Filed on August 03, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2017 Q2 Form 10-Q Financial Statement

#000083307917000066 Filed on August 03, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth