$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-Q Financial Statement

#000083307917000080 Filed on October 30, 2017

Income Statement

Concept	2017 Q4	2017 Q3	2016 Q3
Revenue	$946.4M	$805.6M	$752.9M
YoY Change	7.46%	7.01%	12.37%
Cost Of Revenue	$839.5M	$718.4M	$674.9M
YoY Change	6.97%	6.45%	13.79%
Gross Profit	$171.2M	$144.6M	$131.9M
YoY Change	8.76%	9.65%	4.46%
Gross Profit Margin	18.09%	17.95%	17.52%
Selling, General & Admin	$33.20M	$87.48M	$85.74M
YoY Change	3.75%	2.04%	11.53%
% of Gross Profit	19.39%	60.5%	65.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.600M	$4.200M	$3.900M
YoY Change	2.22%	7.69%	8.33%
% of Gross Profit	2.69%	2.9%	2.96%
Operating Expenses	$32.00M	$87.48M	$85.74M
YoY Change	5.61%	2.04%	11.53%
Operating Profit	$139.2M	$57.12M	$46.14M
YoY Change	9.51%	23.8%	-6.55%
Interest Expense	$5.100M	$1.116M	$167.0K
YoY Change	-30.14%	568.26%	-96.01%
% of Operating Profit	3.66%	1.95%	0.36%
Other Income/Expense, Net		$2.028M	$1.435M
YoY Change		41.32%	-135.91%
Pretax Income	$84.09M	$63.46M	$53.80M
YoY Change	10.16%	17.94%	15.29%
Income Tax	$28.90M	$20.91M	$16.92M
% Of Pretax Income	34.37%	32.94%	31.44%
Net Earnings	$35.55M	$42.55M	$36.89M
YoY Change	-31.37%	15.35%	21.71%
Net Earnings / Revenue	3.76%	5.28%	4.9%
Basic Earnings Per Share	$0.88	$1.06	$0.92
Diluted Earnings Per Share	$0.87	$1.02	$0.88
COMMON SHARES
Basic Shares Outstanding	40.33M shares	40.32M shares	40.02M shares
Diluted Shares Outstanding		42.01M shares	42.61M shares

Balance Sheet

Concept	2017 Q4	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$170.7M	$115.2M	$107.9M
YoY Change	29.61%	6.77%	-54.16%
Cash & Equivalents	$170.7M	$115.2M	$107.9M
Short-Term Investments
Other Short-Term Assets	$85.10M	$83.10M	$65.40M
YoY Change	12.86%	27.06%	-15.06%
Inventory	$2.731B	$2.762B	$2.429B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$3.067B	$3.040B	$2.679B
YoY Change	13.59%	13.47%	8.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.63M	$32.08M	$33.98M
YoY Change	1.29%	-5.6%	-1.22%
Goodwill	$32.96M	$33.00M	$33.00M
YoY Change	0.0%	0.0%	0.12%
Intangibles
YoY Change
Long-Term Investments	$17.10M	$16.40M	$11.80M
YoY Change	0.0%	38.98%	13.46%
Other Assets	$35.20M	$56.90M	$57.60M
YoY Change	-33.96%	-1.22%	-13.9%
Total Long-Term Assets	$184.8M	$212.7M	$194.5M
YoY Change	-2.29%	9.36%	-4.3%
TOTAL ASSETS
Total Short-Term Assets	$3.067B	$3.040B	$2.679B
Total Long-Term Assets	$184.8M	$212.7M	$194.5M
Total Assets	$3.251B	$3.252B	$2.873B
YoY Change	12.55%	13.19%	7.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$140.5M	$140.5M	$148.3M
YoY Change	-0.14%	-5.26%	30.2%
Accrued Expenses	$167.0M	$181.3M	$172.0M
YoY Change	-2.28%	5.41%	14.82%
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	$355.6M	$373.1M	$366.0M
YoY Change	4.62%	1.94%	16.08%
LONG-TERM LIABILITIES
Long-Term Debt	$1.284B	$1.304B	$1.140B
YoY Change	13.88%	14.42%	-0.54%
Other Long-Term Liabilities	$35.00M	$35.80M
YoY Change
Total Long-Term Liabilities	$1.319B	$1.340B	$1.140B
YoY Change	16.99%	17.56%	-0.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$355.6M	$373.1M	$366.0M
Total Long-Term Liabilities	$1.319B	$1.340B	$1.140B
Total Liabilities	$1.674B	$1.713B	$1.506B
YoY Change	14.12%	13.77%	3.05%
SHAREHOLDERS EQUITY
Retained Earnings	$991.8M	$956.3M	$796.8M
YoY Change	16.88%	20.02%	23.31%
Common Stock	$585.0M	$582.8M	$570.6M
YoY Change	2.11%	2.14%	2.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.577B	$1.539B	$1.367B
YoY Change
Total Liabilities & Shareholders Equity	$3.251B	$3.252B	$2.873B
YoY Change	12.55%	13.19%	7.86%

Cashflow Statement

Concept	2017 Q4	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	$35.55M	$42.55M	$36.89M
YoY Change	-31.37%	15.35%	21.71%
Depreciation, Depletion And Amortization	$4.600M	$4.200M	$3.900M
YoY Change	2.22%	7.69%	8.33%
Cash From Operating Activities	$87.30M	-$43.70M	-$37.70M
YoY Change	94.43%	15.92%	-259.07%
INVESTING ACTIVITIES
Capital Expenditures	-$6.100M	-$3.700M	-$4.700M
YoY Change	38.64%	-21.28%	4.44%
Acquisitions
YoY Change
Other Investing Activities	-$100.0K	$200.0K	$0.00
YoY Change	-96.97%
Cash From Investing Activities	-$6.200M	-$3.500M	-$4.800M
YoY Change	-19.48%	-27.08%	6.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-25.60M	-54.40M	22.20M
YoY Change	91.04%	-345.05%	-2875.0%
NET CHANGE
Cash From Operating Activities	87.30M	-43.70M	-37.70M
Cash From Investing Activities	-6.200M	-3.500M	-4.800M
Cash From Financing Activities	-25.60M	-54.40M	22.20M
Net Change In Cash	55.50M	-101.6M	-20.30M
YoY Change	133.19%	400.49%	-210.33%
FREE CASH FLOW
Cash From Operating Activities	$87.30M	-$43.70M	-$37.70M
Capital Expenditures	-$6.100M	-$3.700M	-$4.700M
Free Cash Flow	$93.40M	-$40.00M	-$33.00M
YoY Change	89.45%	21.21%	-217.02%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	852000	USD
	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	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	40326062	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
CY2017Q3	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	63227000	USD
CY2016Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	4681000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	11719000	USD
CY2017Q3	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	3398000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	10648000	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
CY2017Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3489000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	9673000	USD
CY2016Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	440000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	856000	USD
CY2017Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-91000	USD
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	6072000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7446000	USD
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7865000	USD
CY2017Q3	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
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
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	4138000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	14724000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	23000000	USD
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	24304000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	6461000	USD
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	4151000	USD
CY2016Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	54319000	USD
CY2017Q3	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	54214000	USD
CY2016Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5956000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	15765000	USD
CY2017Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5514000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	15361000	USD
CY2016Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	130979000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	372072000	USD
CY2017Q3	mth	Gross Profit Home Building GrossProfitHomeBuilding	145658000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	393836000	USD
CY2016Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	895000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	1702000	USD
CY2017Q3	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	-1057000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	1438000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	0	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	39793000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	14199000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	6378000	USD
CY2016Q4	mth	Inventory Model Homes InventoryModelHomes	147406000	USD
CY2017Q3	mth	Inventory Model Homes InventoryModelHomes	140326000	USD
CY2016Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	508927000	USD
CY2017Q3	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	677456000	USD
CY2016Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	431725000	USD
CY2017Q3	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	484701000	USD
CY2017Q3	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	67547000	USD
CY2017Q3	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	19493	lot
CY2017Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	283709000	USD
CY2017Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	37927000	USD
CY2017Q3	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	3858	lot
CY2017Q3	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	875085000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	71572000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	642133000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-540000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	67109000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	11270	lot
CY2017Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	232952000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	4463000	USD
CY2017Q3	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	8465	lot
CY2017Q3	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	19735	lot
CY2017Q3	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	39793000	USD
CY2017Q3	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	4025000	USD
CY2017Q3	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	242	lot
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	300962000	USD
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	24255000	USD
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	6610	lot
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	17669000	USD
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	902000	USD
CY2017Q3	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	560	lot
CY2016Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	0	USD
CY2017Q3	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	35768000	USD
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2017Q3	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	250	community
CY2016Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1147271	shares
CY2017Q3	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1302176	shares
CY2016Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	140682000	USD
CY2017Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	140492000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	170852000	USD
CY2017Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	193102000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	572506000	USD
CY2017Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	582414000	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	11042000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9911000	USD
CY2016Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3729000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11042000	USD
CY2017Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4113000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9898000	USD
CY2016Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	17000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5000	shares
CY2017Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4000	shares
CY2016Q4	us-gaap	Assets Assets	2888691000	USD
CY2017Q3	us-gaap	Assets Assets	3252158000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	262208000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	107915000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	131702000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	115167000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-154293000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-16535000	USD
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6406000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	23642000	USD
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40030518	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40326062	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	403000	USD
CY2016Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	620983000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1774745000	USD
CY2017Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	660996000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1885073000	USD
CY2016Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	16092000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	19485000	USD
CY2017Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	1646000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	15504000	USD
CY2016Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	28348000	USD
CY2017Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	39446000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	53320000	USD
CY2017Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	56870000	USD
CY2017Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2016Q4	us-gaap	Deposit Assets DepositAssets	85600000	USD
CY2016Q4	us-gaap	Deposit Assets DepositAssets	85556000	USD
CY2017Q3	us-gaap	Deposit Assets DepositAssets	67500000	USD
CY2017Q3	us-gaap	Deposit Assets DepositAssets	67547000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11470000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12071000	USD
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.45
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.06
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.67
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.88
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.33
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.55
CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.314
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.310
CY2017Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.329
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.341
CY2016Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	52941000	USD
CY2017Q3	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	46922000	USD
CY2016Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	18528000	USD
CY2017Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	21920000	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	P2Y9M
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	11439000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	10410000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14245000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14340000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	68226000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	66230000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	19467000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5455000	USD
CY2016Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	68226000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	66230000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	34875000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	9593000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	30622000	USD
CY2017Q3	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	21514000	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	15898000	USD
CY2016Q3	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	13374000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	43860000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	61034000	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	-540000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	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
CY2017Q3	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	18890000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	49678000	USD
CY2016Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1398000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	4152000	USD
CY2017Q3	us-gaap	Financial Services Costs FinancialServicesCosts	1524000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	4454000	USD
CY2016Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	3139000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	9115000	USD
CY2017Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	3549000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	10142000	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	33258000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	91774000	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	31636000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	90849000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2017Q3	us-gaap	Goodwill Goodwill	32962000	USD
CY2017Q3	us-gaap	Goodwill Goodwill	33000000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2016Q3	us-gaap	Gross Profit GrossProfit	131874000	USD
	us-gaap	Gross Profit GrossProfit	373774000	USD
CY2017Q3	us-gaap	Gross Profit GrossProfit	144601000	USD
	us-gaap	Gross Profit GrossProfit	395274000	USD
CY2016Q3	us-gaap	Home Building Costs HomeBuildingCosts	604891000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1755260000	USD
CY2017Q3	us-gaap	Home Building Costs HomeBuildingCosts	659350000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1869569000	USD
CY2016Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	735870000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	2127332000	USD
CY2017Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	805008000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	2263405000	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
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	63455000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	163429000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	11658000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10525000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	16915000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43989000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20905000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	55727000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	14201000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	61206000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	21298000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	15207000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	791000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	11098000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	3160000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-13633000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	318490000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	336069000	USD
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
CY2017Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	1105000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	1754000	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
CY2017Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	583000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	558000	shares
CY2016Q3	us-gaap	Interest Expense InterestExpense	167000	USD
	us-gaap	Interest Expense InterestExpense	5127000	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	1116000	USD
	us-gaap	Interest Expense InterestExpense	3561000	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
CY2017Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	201000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	942000	USD
	us-gaap	Interest Paid Net InterestPaidNet	-9053000	USD
	us-gaap	Interest Paid Net InterestPaidNet	-14454000	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	15017000	USD
CY2017Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	30722000	USD
CY2016Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2422063000	USD
CY2017Q3	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2762269000	USD
CY2016Q4	us-gaap	Inventory Real Estate InventoryRealEstate	2422063000	USD
CY2017Q3	us-gaap	Inventory Real Estate InventoryRealEstate	2762269000	USD
CY2016Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1334005000	USD
CY2017Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1459786000	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
CY2017Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16400000	USD
CY2017Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16378000	USD
CY2016Q3	us-gaap	Land Sales LandSales	16987000	USD
	us-gaap	Land Sales LandSales	21187000	USD
CY2017Q3	us-gaap	Land Sales LandSales	589000	USD
	us-gaap	Land Sales LandSales	16942000	USD
CY2017Q3	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	835292000	USD
CY2016Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	0	USD
CY2017Q3	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	39793000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	1467196000	USD
CY2017Q3	us-gaap	Liabilities Liabilities	1713050000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2888691000	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3252158000	USD
CY2016Q4	us-gaap	Litigation Reserve LitigationReserve	673000	USD
CY2017Q3	us-gaap	Litigation Reserve LitigationReserve	600000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	168832000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12354000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10941000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-148345000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-174426000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	36887000	USD
	us-gaap	Net Income Loss NetIncomeLoss	97734000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	42550000	USD
	us-gaap	Net Income Loss NetIncomeLoss	107702000	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
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	42751000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	108644000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2017Q3	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	state
CY2017Q3	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	0	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	16146000	USD
CY2017Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	15352000	USD
CY2016Q4	us-gaap	Other Assets OtherAssets	363975000	USD
CY2017Q3	us-gaap	Other Assets OtherAssets	405964000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1435000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3263000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2028000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5218000	USD
CY2016Q4	us-gaap	Other Notes Payable OtherNotesPayable	32195000	USD
CY2017Q3	us-gaap	Other Notes Payable OtherNotesPayable	38082000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4942000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1265000	USD
CY2016Q4	us-gaap	Other Receivables OtherReceivables	70355000	USD
CY2017Q3	us-gaap	Other Receivables OtherReceivables	78933000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3986000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	645000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1297000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	242000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	404000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12256000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12038000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	75396000	USD
CY2017Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	83121000	USD
	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
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	300000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	106000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	320000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-18286000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-10491000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	25000000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	10000000	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	1297000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	144000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	251000	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
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	32080000	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
CY2016Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	68196000	USD
CY2017Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	72327000	USD
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	76773000	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
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	15462000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	46061000	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
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	21024000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	58199000	USD
CY2016Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	752857000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	2148519000	USD
CY2017Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	805597000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	2280347000	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	126691000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	81000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	310000000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	848589000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	956291000	USD
CY2016Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	52478000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	155034000	USD
CY2017Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	55845000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	158866000	USD
CY2016Q4	us-gaap	Senior Notes SeniorNotes	1095119000	USD
CY2017Q3	us-gaap	Senior Notes SeniorNotes	1266160000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11042000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	9898000	USD
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	5350000	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1131155	shares
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
CY2016Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22660000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23620000	USD
CY2017Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	24432000	USD
CY2016Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4843000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	11442000	USD
CY2017Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3554000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	10719000	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
CY2017Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2016Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4110000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	12068000	USD
CY2017Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4366000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	12491000	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
CY2017Q3	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2015000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	6049000	USD
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	14400	shares
CY2017Q3	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
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	1367405000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1421495000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	1539108000	USD
CY2016Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	9637000	USD
CY2017Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	11847000	USD
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2017Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
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
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42011000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	42585000	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
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40323000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40273000	shares

Files In Submission

Name	View Source	Status
0000833079-17-000080-index-headers.html	Edgar Link	pending
0000833079-17-000080-index.html	Edgar Link	pending
0000833079-17-000080.txt	Edgar Link	pending
0000833079-17-000080-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mhlogo1linetaga04.jpg	Edgar Link	pending
mth-20170930.xml	Edgar Link	completed
mth-20170930.xsd	Edgar Link	pending
mth-20170930_cal.xml	Edgar Link	unprocessable
mth-20170930_def.xml	Edgar Link	unprocessable
mth-20170930_lab.xml	Edgar Link	unprocessable
mth-20170930_pre.xml	Edgar Link	unprocessable
mth2017-093010q.htm	Edgar Link	pending
mth2017-093010qexhibit311.htm	Edgar Link	pending
mth2017-093010qexhibit312.htm	Edgar Link	pending
mth2017-093010qexhibit321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R64.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

2017 Q4 Form 10-Q Financial Statement

#000083307917000080 Filed on October 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2017 Q4 Form 10-Q Financial Statement

#000083307917000080 Filed on October 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth