$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000083307918000079 Filed on July 30, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$877.5M	$802.0M
YoY Change	9.42%	0.51%
Cost Of Revenue	$781.2M	$717.3M
YoY Change	8.91%	-0.06%
Gross Profit	$158.8M	$140.9M
YoY Change	12.72%	2.03%
Gross Profit Margin	18.1%	17.57%
Selling, General & Admin	$95.03M	$84.29M
YoY Change	12.74%	-1.16%
% of Gross Profit	59.83%	59.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.700M	$4.200M
YoY Change	59.52%	0.0%
% of Gross Profit	4.22%	2.98%
Operating Expenses	$95.03M	$84.29M
YoY Change	12.74%	-1.16%
Operating Profit	$63.80M	$56.62M
YoY Change	12.69%	7.18%
Interest Expense	$44.00K	$1.620M
YoY Change	-97.28%	-3.11%
% of Operating Profit	0.07%	2.86%
Other Income/Expense, Net	$1.778M	$2.080M
YoY Change	-14.52%	34.63%
Pretax Income	$71.19M	$63.21M
YoY Change	12.63%	7.06%
Income Tax	$17.35M	$21.63M
% Of Pretax Income	24.37%	34.21%
Net Earnings	$53.84M	$41.58M
YoY Change	29.48%	4.27%
Net Earnings / Revenue	6.14%	5.18%
Basic Earnings Per Share	$1.32	$1.03
Diluted Earnings Per Share	$1.31	$0.98
COMMON SHARES
Basic Shares Outstanding	40.65M shares	40.32M shares
Diluted Shares Outstanding	41.16M shares	42.78M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$169.4M	$216.7M
YoY Change	-21.83%	69.03%
Cash & Equivalents	$205.8M	$216.7M
Short-Term Investments
Other Short-Term Assets	$84.20M	$83.10M
YoY Change	1.32%	23.29%
Inventory	$2.870B	$2.638B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$3.202B	$3.011B
YoY Change	6.33%	17.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$52.12M	$32.62M
YoY Change	59.79%	-4.08%
Goodwill	$32.96M	$32.96M
YoY Change	0.0%	-0.12%
Intangibles
YoY Change
Long-Term Investments	$16.60M	$16.70M
YoY Change	-0.6%	49.11%
Other Assets	$36.30M	$55.30M
YoY Change	-34.36%	-5.95%
Total Long-Term Assets	$192.9M	$189.4M
YoY Change	1.85%	-3.1%
TOTAL ASSETS
Total Short-Term Assets	$3.202B	$3.011B
Total Long-Term Assets	$192.9M	$189.4M
Total Assets	$3.395B	$3.201B
YoY Change	6.07%	15.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$154.8M	$140.0M
YoY Change	10.57%	11.11%
Accrued Expenses	$158.6M	$152.6M
YoY Change	3.93%	6.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$365.7M	$342.3M
YoY Change	6.84%	6.87%
LONG-TERM LIABILITIES
Long-Term Debt	$1.311B	$1.358B
YoY Change	-3.4%	21.86%
Other Long-Term Liabilities	$35.00M	$8.500M
YoY Change	311.76%
Total Long-Term Liabilities	$1.346B	$1.366B
YoY Change	-1.44%	22.62%
TOTAL LIABILITIES
Total Short-Term Liabilities	$365.7M	$342.3M
Total Long-Term Liabilities	$1.346B	$1.366B
Total Liabilities	$1.712B	$1.708B
YoY Change	0.22%	19.1%
SHAREHOLDERS EQUITY
Retained Earnings	$1.089B	$913.7M
YoY Change	19.18%	20.25%
Common Stock	$594.0M	$578.7M
YoY Change	2.64%	2.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.683B	$1.492B
YoY Change
Total Liabilities & Shareholders Equity	$3.395B	$3.201B
YoY Change	6.07%	15.92%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	$53.84M	$41.58M
YoY Change	29.48%	4.27%
Depreciation, Depletion And Amortization	$6.700M	$4.200M
YoY Change	59.52%	0.0%
Cash From Operating Activities	$6.800M	-$45.90M
YoY Change	-114.81%	59.38%
INVESTING ACTIVITIES
Capital Expenditures	-$9.300M	-$5.100M
YoY Change	82.35%	37.84%
Acquisitions
YoY Change
Other Investing Activities	-$300.0K	$900.0K
YoY Change	-133.33%	-1000.0%
Cash From Investing Activities	-$9.700M	-$4.200M
YoY Change	130.95%	16.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-300.0K	181.2M
YoY Change	-100.17%	-1662.07%
NET CHANGE
Cash From Operating Activities	6.800M	-45.90M
Cash From Investing Activities	-9.700M	-4.200M
Cash From Financing Activities	-300.0K	181.2M
Net Change In Cash	-3.200M	131.1M
YoY Change	-102.44%	-397.95%
FREE CASH FLOW
Cash From Operating Activities	$6.800M	-$45.90M
Capital Expenditures	-$9.300M	-$5.100M
Free Cash Flow	$16.10M	-$40.80M
YoY Change	-139.46%	62.55%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5978000	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	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	40649453	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP
CY2017Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	53522000	USD
CY2018Q2	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	65468000	USD
CY2017Q2	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	4068000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	7250000	USD
CY2018Q2	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	3368000	USD
	mth	Adjusted Net Income Lossfrom Equity Method Investments AdjustedNetIncomeLossfromEquityMethodInvestments	5978000	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
CY2018Q2	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3474000	USD
CY2017Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	7516000	USD
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	6492000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	6130000	USD
CY2017Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	570000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	943000	USD
CY2018Q2	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-156000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-202000	USD
CY2018Q2	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	region
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
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	8441000	USD
CY2017Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	8942000	USD
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	3408000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	7343000	USD
CY2017Q4	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	25194000	USD
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Long Term Debt EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt	26572000	USD
CY2017Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	4323000	USD
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3451000	USD
CY2017Q4	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	55552000	USD
CY2018Q2	mth	Equity Method Investment Summarized Financial Information Real Estate Inventory EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory	57553000	USD
CY2017Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5557000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	9847000	USD
CY2018Q2	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	5651000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	9871000	USD
CY2017Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	140910000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	248178000	USD
CY2018Q2	mth	Gross Profit Home Building GrossProfitHomeBuilding	159515000	USD
	mth	Gross Profit Home Building GrossProfitHomeBuilding	283845000	USD
CY2017Q2	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	0	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	2495000	USD
CY2018Q2	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	-687000	USD
	mth	Gross Profit Loss Land Sales GrossProfitLossLandSales	-1897000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	9987000	USD
	mth	Increase Decrease In Land Under Purchase Options Recorded IncreaseDecreaseInLandUnderPurchaseOptionsRecorded	0	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	5786000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	1697000	USD
CY2017Q4	mth	Inventory Model Homes InventoryModelHomes	142026000	USD
CY2018Q2	mth	Inventory Model Homes InventoryModelHomes	138441000	USD
CY2017Q4	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	566474000	USD
CY2018Q2	mth	Inventory Sold Homes Under Construction InventorySoldHomesUnderConstruction	715373000	USD
CY2017Q4	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	516577000	USD
CY2018Q2	mth	Inventory Unsold Homes Completed And Under Construction InventoryUnsoldHomesCompletedAndUnderConstruction	562435000	USD
CY2018Q2	mth	Land Under Option Contract Not Recorded Cash Deposits LandUnderOptionContractNotRecordedCashDeposits	48880000	USD
CY2018Q2	mth	Land Under Option Contract Not Recorded Number Of Lots LandUnderOptionContractNotRecordedNumberOfLots	20355	lot
CY2018Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed LandUnderOptionContractsNotRecordedNonRefundableCommitted	219491000	USD
CY2018Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits	26432000	USD
CY2018Q2	mth	Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots	2907	lot
CY2018Q2	mth	Land Under Purchase And Option Contracts LandUnderPurchaseAndOptionContracts	792432000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Cash Deposits LandUnderPurchaseAndOptionContractsCashDeposits	52766000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Committed LandUnderPurchaseAndOptionContractsCommitted	521089000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Committed Cash Deposits LandUnderPurchaseAndOptionContractsCommittedCashDeposits	49692000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Committed Number Of Lots LandUnderPurchaseAndOptionContractsCommittedNumberOfLots	9855	lot
CY2018Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted	271343000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits	3074000	USD
CY2018Q2	mth	Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots	10728	lot
CY2018Q2	mth	Land Under Purchase And Option Contracts Number Of Lots LandUnderPurchaseAndOptionContractsNumberOfLots	20583	lot
CY2018Q2	mth	Land Under Purchase Contracts And Options Recorded LandUnderPurchaseContractsAndOptionsRecorded	38864000	USD
CY2018Q2	mth	Land Under Purchase Contracts And Options Recorded Cash Deposits LandUnderPurchaseContractsAndOptionsRecordedCashDeposits	3886000	USD
CY2018Q2	mth	Land Under Purchase Contracts And Options Recorded Number Of Lots LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots	228	lot
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed LandUnderPurchaseContractsNotRecordedNonRefundableCommitted	229643000	USD
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits	18353000	USD
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots	5854	lot
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed LandUnderPurchaseContractsNotRecordedRefundableCommitted	33091000	USD
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits	1021000	USD
CY2018Q2	mth	Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots	866	lot
CY2017Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	34978000	USD
CY2018Q2	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	34978000	USD
	mth	Numberof Business Segments NumberofBusinessSegments	2	segment
CY2018Q2	mth	Numberof Communitiesin Which Homesare Sold NumberofCommunitiesinWhichHomesareSold	253	community
CY2017Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1269657	shares
CY2018Q2	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1331946	shares
CY2017Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	140516000	USD
CY2018Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	154819000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	181076000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	173770000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	584578000	USD
CY2018Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	593561000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5792000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	8986000	USD
CY2017Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2490000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5785000	USD
CY2018Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3767000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8976000	USD
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
CY2018Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1000	shares
CY2017Q4	us-gaap	Assets Assets	3251258000	USD
CY2018Q2	us-gaap	Assets Assets	3394894000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	131702000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	216739000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	170746000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	169426000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	85037000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1320000	USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40330741	shares
CY2018Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40649453	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	403000	USD
CY2018Q2	us-gaap	Common Stock Value CommonStockValue	406000	USD
CY2017Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	661068000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1224077000	USD
CY2018Q2	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	718667000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1338111000	USD
CY2017Q2	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	4198000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	13858000	USD
CY2018Q2	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	5799000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	21041000	USD
CY2017Q4	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	-583000	USD
CY2017Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	34059000	USD
CY2018Q2	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	37130000	USD
CY2017Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	35162000	USD
CY2018Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	36294000	USD
CY2018Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2017Q4	us-gaap	Deposit Assets DepositAssets	59900000	USD
CY2017Q4	us-gaap	Deposit Assets DepositAssets	59945000	USD
CY2018Q2	us-gaap	Deposit Assets DepositAssets	48900000	USD
CY2018Q2	us-gaap	Deposit Assets DepositAssets	48880000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7872000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12608000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.62
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.32
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.41
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.54
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.37
CY2017Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.342
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.348
CY2018Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.244
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.186
CY2017Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	58186000	USD
CY2018Q2	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	39559000	USD
CY2017Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	18439000	USD
CY2018Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	25155000	USD
CY2017	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y5M23D
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y8M16D
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6712000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	6834000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	68817000	USD
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	69445000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14521000	USD
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Equity Or Capital EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital	14736000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	68817000	USD
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	69445000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	21586000	USD
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Minority Interest EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest	21645000	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
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	6574000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	9971000	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
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	9982000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	17314000	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
CY2018Q2	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	14425000	USD
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	17371000	USD
CY2017Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1551000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2930000	USD
CY2018Q2	us-gaap	Financial Services Costs FinancialServicesCosts	1693000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	3177000	USD
CY2017Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	3649000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	6593000	USD
CY2018Q2	us-gaap	Financial Services Revenue FinancialServicesRevenue	3870000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	6918000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29591000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	59213000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	34205000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	65098000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	32962000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	33000000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	32962000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	140910000	USD
	us-gaap	Gross Profit GrossProfit	250673000	USD
CY2018Q2	us-gaap	Gross Profit GrossProfit	158828000	USD
	us-gaap	Gross Profit GrossProfit	281948000	USD
CY2017Q2	us-gaap	Home Building Costs HomeBuildingCosts	656870000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1210219000	USD
CY2018Q2	us-gaap	Home Building Costs HomeBuildingCosts	712868000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	1317070000	USD
CY2017Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	797780000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1458397000	USD
CY2018Q2	us-gaap	Home Building Revenue HomeBuildingRevenue	872383000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1600915000	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
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	71185000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	120069000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	7127000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	21625000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34822000	USD
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17347000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22357000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	34426000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	22353000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5497000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6997000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	9428000	USD
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-1634000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	7849000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	3071000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-9308000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-11093000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	211384000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	155809000	USD
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
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	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
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	517000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	625000	shares
CY2017Q2	us-gaap	Interest Expense InterestExpense	1620000	USD
	us-gaap	Interest Expense InterestExpense	2445000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	44000	USD
	us-gaap	Interest Expense InterestExpense	180000	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
CY2018Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
	us-gaap	Interest Paid Net InterestPaidNet	161000	USD
	us-gaap	Interest Paid Net InterestPaidNet	4602000	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	15369000	USD
CY2018Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	13404000	USD
CY2017Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2731380000	USD
CY2018Q2	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2870047000	USD
CY2017Q4	us-gaap	Inventory Real Estate InventoryRealEstate	2731380000	USD
CY2018Q2	us-gaap	Inventory Real Estate InventoryRealEstate	2870047000	USD
CY2017Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1506303000	USD
CY2018Q2	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1453798000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	17068000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	17100000	USD
CY2018Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16600000	USD
CY2018Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	16639000	USD
CY2017Q2	us-gaap	Land Sales LandSales	4198000	USD
	us-gaap	Land Sales LandSales	16353000	USD
CY2018Q2	us-gaap	Land Sales LandSales	5112000	USD
	us-gaap	Land Sales LandSales	19144000	USD
CY2018Q2	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	753568000	USD
CY2017Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	38864000	USD
CY2018Q2	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	38864000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	1674433000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	1711954000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3251258000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3394894000	USD
	us-gaap	Litigation Settlement Amount Awarded From Other Party LitigationSettlementAmountAwardedFromOtherParty	4800000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	223179000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	25186000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7394000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16051000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-130748000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-10455000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	41580000	USD
	us-gaap	Net Income Loss NetIncomeLoss	65152000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	53838000	USD
	us-gaap	Net Income Loss NetIncomeLoss	97712000	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
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	53838000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	97712000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	9	operating_segment
CY2018Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	9	state
CY2017Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	16604000	USD
CY2018Q2	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	16462000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	442865000	USD
CY2018Q2	us-gaap	Other Assets OtherAssets	459328000	USD
CY2017Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2080000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3190000	USD
CY2018Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1934000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	7305000	USD
CY2017Q4	us-gaap	Other Notes Payable OtherNotesPayable	17354000	USD
CY2018Q2	us-gaap	Other Notes Payable OtherNotesPayable	16552000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	10000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2407000	USD
CY2017Q4	us-gaap	Other Receivables OtherReceivables	79317000	USD
CY2018Q2	us-gaap	Other Receivables OtherReceivables	78395000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3998000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3315000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1258000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	1065000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	408000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	417000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8322000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	15726000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	85145000	USD
CY2018Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	84227000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	1250000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	300000000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	206000000	USD
CY2017Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	85000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	245000000	USD
CY2018Q2	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	285000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	285000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-5725000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-2499000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-15000000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	1258000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	1065000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	86000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	92000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33631000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	52122000	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
CY2017Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	78564000	USD
CY2018Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	81828000	USD
CY2018Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	84443000	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
CY2018Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	18715000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	36184000	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
CY2018Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	21374000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	42243000	USD
CY2017Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	801978000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1474750000	USD
CY2018Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	877495000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1620059000	USD
CY2017Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	145000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	260000000	USD
CY2018Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	285000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	285000000	USD
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	52098000	USD
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	175000000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	991844000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1088973000	USD
CY2017Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	54701000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	103021000	USD
CY2018Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	60823000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	113575000	USD
CY2017Q4	us-gaap	Senior Notes SeniorNotes	1266450000	USD
CY2018Q2	us-gaap	Senior Notes SeniorNotes	1294705000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5785000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8976000	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
CY2017Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23328000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23812000	USD
CY2018Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23700000	USD
CY2018Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23659000	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3167000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	7165000	USD
CY2018Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4299000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	7222000	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
CY2018Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2017Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4310000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	8125000	USD
CY2018Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4146000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	7553000	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
CY2018Q2	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2922000	USD
	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	4986000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1421495000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	1492439000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	1576825000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	1682940000	USD
CY2017Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	14067000	USD
CY2018Q2	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	15218000	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
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
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41164000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41193000	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
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40647000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40568000	shares

Files In Submission

Name	View Source	Status
0000833079-18-000079-index-headers.html	Edgar Link	pending
0000833079-18-000079-index.html	Edgar Link	pending
0000833079-18-000079.txt	Edgar Link	pending
0000833079-18-000079-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mhlogo1linetaga09.jpg	Edgar Link	pending
mth-20180630.xml	Edgar Link	completed
mth-20180630.xsd	Edgar Link	pending
mth-20180630_cal.xml	Edgar Link	unprocessable
mth-20180630_def.xml	Edgar Link	unprocessable
mth-20180630_lab.xml	Edgar Link	unprocessable
mth-20180630_pre.xml	Edgar Link	unprocessable
mth2018-063010q.htm	Edgar Link	pending
mth2018-063010qexhibit311.htm	Edgar Link	pending
mth2018-063010qexhibit312.htm	Edgar Link	pending
mth2018-063010qexhibit321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MTH
Meritage Homes CORP Stock $mth

2018 Q2 Form 10-Q Financial Statement

#000083307918000079 Filed on July 30, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2018 Q2 Form 10-Q Financial Statement

#000083307918000079 Filed on July 30, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth