$MTH
Meritage Homes CORP

2020 Q1 Form 10-Q Financial Statement

#000083307920000078 Filed on May 01, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $904.9M $711.4M
YoY Change 27.2% -4.2%
Cost Of Revenue $785.2M $645.4M
YoY Change 21.66% -4.2%
Gross Profit $119.7M $66.00M
YoY Change 81.36% -46.39%
Gross Profit Margin 13.23% 9.28%
Selling, General & Admin $95.34M $86.12M
YoY Change 10.71% 2.96%
% of Gross Profit 79.65% 130.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.011M $5.832M
YoY Change 20.22% -0.58%
% of Gross Profit 5.86% 8.84%
Operating Expenses $95.34M $86.12M
YoY Change 10.71% 2.96%
Operating Profit $24.36M -$20.12M
YoY Change -221.05% -150.97%
Interest Expense $16.00K $4.085M
YoY Change -99.61% 2903.68%
% of Operating Profit 0.07%
Other Income/Expense, Net $611.0K $1.046M
YoY Change -41.59% -80.36%
Pretax Income $86.83M $32.37M
YoY Change 168.25% -33.78%
Income Tax $15.68M $6.958M
% Of Pretax Income 18.06% 21.5%
Net Earnings $71.15M $25.41M
YoY Change 179.99% -42.08%
Net Earnings / Revenue 7.86% 3.57%
Basic Earnings Per Share $1.87 $0.66
Diluted Earnings Per Share $1.83 $0.65
COMMON SHARES
Basic Shares Outstanding 38.09M shares 38.22M shares
Diluted Shares Outstanding 38.82M shares 38.85M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $797.3M $327.5M
YoY Change 143.45% 89.75%
Cash & Equivalents $797.3M $327.5M
Short-Term Investments
Other Short-Term Assets $112.7M $103.6M
YoY Change 8.78% 22.46%
Inventory $2.790B $2.745B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.782B $3.256B
YoY Change 16.17% 3.87%
LONG-TERM ASSETS
Property, Plant & Equipment $49.18M $53.80M
YoY Change -8.58% 8.11%
Goodwill $32.96M $32.96M
YoY Change 0.0% -0.12%
Intangibles
YoY Change
Long-Term Investments $3.300M $15.70M
YoY Change -78.98% -4.27%
Other Assets $25.80M $25.90M
YoY Change -0.39% -26.63%
Total Long-Term Assets $132.5M $140.2M
YoY Change -5.5% -27.29%
TOTAL ASSETS
Total Short-Term Assets $3.782B $3.256B
Total Long-Term Assets $132.5M $140.2M
Total Assets $3.914B $3.396B
YoY Change 15.27% 2.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $163.1M $124.6M
YoY Change 30.9% -11.38%
Accrued Expenses $202.6M $178.9M
YoY Change 13.25% 10.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $405.5M $343.5M
YoY Change 18.05% -3.38%
LONG-TERM LIABILITIES
Long-Term Debt $1.518B $1.309B
YoY Change 15.96% -0.15%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.518B $1.309B
YoY Change 15.96% -2.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $405.5M $343.5M
Total Long-Term Liabilities $1.518B $1.309B
Total Liabilities $1.924B $1.653B
YoY Change 16.39% -2.88%
SHAREHOLDERS EQUITY
Retained Earnings $1.539B $1.244B
YoY Change 23.75% 20.18%
Common Stock $451.4M $499.1M
YoY Change -9.56% -15.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.991B $1.743B
YoY Change
Total Liabilities & Shareholders Equity $3.914B $3.396B
YoY Change 15.27% 2.06%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $71.15M $25.41M
YoY Change 179.99% -42.08%
Depreciation, Depletion And Amortization $7.011M $5.832M
YoY Change 20.22% -0.58%
Cash From Operating Activities $43.91M $32.25M
YoY Change 36.15% -286.13%
INVESTING ACTIVITIES
Capital Expenditures $5.331M $5.240M
YoY Change 1.74% -17.91%
Acquisitions
YoY Change
Other Investing Activities $1.100M -$1.000M
YoY Change -210.0%
Cash From Investing Activities -$4.236M -$6.276M
YoY Change -32.5% -1.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $60.81M $8.957M
YoY Change 578.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $438.2M -$9.945M
YoY Change -4506.01% -139.02%
NET CHANGE
Cash From Operating Activities $43.91M $32.25M
Cash From Investing Activities -$4.236M -$6.276M
Cash From Financing Activities $438.2M -$9.945M
Net Change In Cash $477.9M $16.03M
YoY Change 2880.45% 787.76%
FREE CASH FLOW
Cash From Operating Activities $43.91M $32.25M
Capital Expenditures $5.331M $5.240M
Free Cash Flow $38.58M $27.01M
YoY Change 42.82% -213.93%

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StandardProductWarrantyAccrual
24552000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3810000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3387000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3735000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4726000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22090000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
23213000 USD
CY2020Q1 mth Inventory Sold Homes Under Construction
InventorySoldHomesUnderConstruction
731747000 USD
CY2019Q4 mth Inventory Sold Homes Under Construction
InventorySoldHomesUnderConstruction
564762000 USD
CY2020Q1 mth Inventory Unsold Homes Completed And Under Construction
InventoryUnsoldHomesCompletedAndUnderConstruction
583929000 USD
CY2019Q4 mth Inventory Unsold Homes Completed And Under Construction
InventoryUnsoldHomesCompletedAndUnderConstruction
686948000 USD
CY2020Q1 mth Inventory Model Homes
InventoryModelHomes
114951000 USD
CY2019Q4 mth Inventory Model Homes
InventoryModelHomes
121340000 USD
CY2020Q1 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1359163000 USD
CY2019Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
1371311000 USD
CY2020Q1 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
2789790000 USD
CY2019Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
2744361000 USD
CY2019Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
82014000 USD
CY2018Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
88454000 USD
CY2020Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
16535000 USD
CY2019Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
21443000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
16000 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
4085000 USD
CY2020Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
20371000 USD
CY2019Q1 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
16398000 USD
CY2020Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
78162000 USD
CY2019Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
89414000 USD
CY2020Q1 mth Land Under Purchase Contracts And Options Recorded Number Of Lots
LandUnderPurchaseContractsAndOptionsRecordedNumberOfLots
0 lot
CY2020Q1 mth Land Under Purchase Contracts And Options Recorded
LandUnderPurchaseContractsAndOptionsRecorded
0 USD
CY2020Q1 mth Land Under Purchase Contracts And Options Recorded Cash Deposits
LandUnderPurchaseContractsAndOptionsRecordedCashDeposits
0 USD
CY2020Q1 mth Land Under Option Contracts Not Recorded Non Refundable Committed Number Of Lots
LandUnderOptionContractsNotRecordedNonRefundableCommittedNumberOfLots
6043 lot
CY2020Q1 mth Land Under Option Contracts Not Recorded Non Refundable Committed
LandUnderOptionContractsNotRecordedNonRefundableCommitted
385228000 USD
CY2020Q1 mth Land Under Option Contracts Not Recorded Non Refundable Committed Cash Deposits
LandUnderOptionContractsNotRecordedNonRefundableCommittedCashDeposits
31903000 USD
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Non Refundable Committed Number Of Lots
LandUnderPurchaseContractsNotRecordedNonRefundableCommittedNumberOfLots
7277 lot
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Non Refundable Committed
LandUnderPurchaseContractsNotRecordedNonRefundableCommitted
257431000 USD
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Non Refundable Committed Cash Deposits
LandUnderPurchaseContractsNotRecordedNonRefundableCommittedCashDeposits
15642000 USD
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Refundable Committed Number Of Lots
LandUnderPurchaseContractsNotRecordedRefundableCommittedNumberOfLots
2098 lot
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Refundable Committed
LandUnderPurchaseContractsNotRecordedRefundableCommitted
78046000 USD
CY2020Q1 mth Land Under Purchase Contracts Not Recorded Refundable Committed Cash Deposits
LandUnderPurchaseContractsNotRecordedRefundableCommittedCashDeposits
1897000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Committed Number Of Lots
LandUnderPurchaseAndOptionContractsCommittedNumberOfLots
15418 lot
CY2020Q1 mth Land Under Purchase And Option Contracts Committed
LandUnderPurchaseAndOptionContractsCommitted
720705000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Committed Cash Deposits
LandUnderPurchaseAndOptionContractsCommittedCashDeposits
49442000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Number Of Lots
LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedNumberOfLots
14708 lot
CY2020Q1 mth Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted
LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommitted
437259000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Not Recorded Refundable Uncommitted Cash Deposits
LandUnderPurchaseAndOptionContractsNotRecordedRefundableUncommittedCashDeposits
4725000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Number Of Lots
LandUnderPurchaseAndOptionContractsNumberOfLots
30126 lot
CY2020Q1 mth Land Under Purchase And Option Contracts
LandUnderPurchaseAndOptionContracts
1157964000 USD
CY2020Q1 mth Land Under Purchase And Option Contracts Cash Deposits
LandUnderPurchaseAndOptionContractsCashDeposits
54167000 USD
CY2020Q1 mth Land Under Option Contract Not Recorded Number Of Lots
LandUnderOptionContractNotRecordedNumberOfLots
30126 lot
CY2020Q1 us-gaap Land Under Purchase Options Not Recorded
LandUnderPurchaseOptionsNotRecorded
1157964000 USD
CY2020Q1 mth Land Under Option Contract Not Recorded Cash Deposits
LandUnderOptionContractNotRecordedCashDeposits
54167000 USD
CY2020Q1 mth Equity Method Investment Summarized Financial Information Cash And Cash Equivalent
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent
6793000 USD
CY2019Q4 mth Equity Method Investment Summarized Financial Information Cash And Cash Equivalent
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent
6329000 USD
CY2020Q1 mth Equity Method Investment Summarized Financial Information Real Estate Inventory
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory
7048000 USD
CY2019Q4 mth Equity Method Investment Summarized Financial Information Real Estate Inventory
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInventory
6654000 USD
CY2020Q1 mth Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
2817000 USD
CY2019Q4 mth Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
4382000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
16658000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
17365000 USD
CY2020Q1 mth Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities
5497000 USD
CY2019Q4 mth Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities
6580000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
4691000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
5678000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
6470000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
5107000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
16658000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
17365000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
6723000 USD
CY2019Q1 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
8998000 USD
CY2020Q1 mth Equity Method Investment Summarized Financial Information Costs And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses
5863000 USD
CY2019Q1 mth Equity Method Investment Summarized Financial Information Costs And Expenses
EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses
6116000 USD
CY2020Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
860000 USD
CY2019Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
2882000 USD
CY2020Q1 mth Adjusted Net Income Lossfrom Equity Method Investments
AdjustedNetIncomeLossfromEquityMethodInvestments
687000 USD
CY2019Q1 mth Adjusted Net Income Lossfrom Equity Method Investments
AdjustedNetIncomeLossfromEquityMethodInvestments
2174000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
500000000.0 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38085000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38215000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
732000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
634000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38817000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38849000 shares
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
71152000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
25412000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.83
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2020Q1 us-gaap Goodwill
Goodwill
33000000.0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
32962000 USD
CY2020Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2020Q1 us-gaap Goodwill
Goodwill
32962000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1973990000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
71152000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6437000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
60813000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1990766000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1720755000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
25412000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5861000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8957000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1743071000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6437000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5861000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
31486000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
22341000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y8M26D
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
CY2020Q1 mth Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding
1129789 shares
CY2019Q4 mth Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding
1240529 shares
CY2020Q1 mth Share Based Compensation Arrangement Payout Percentage
ShareBasedCompensationArrangementPayoutPercentage
1
CY2020Q1 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
12374000 USD
CY2019Q1 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
5742000 USD
CY2020Q1 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
3307000 USD
CY2019Q1 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1216000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15681000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6958000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.181
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
0 USD
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2020Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3279000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
16088000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
16907000 USD
CY2020Q1 mth Numberof Business Segments
NumberofBusinessSegments
2 segment
CY2020Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
9 operating_segment
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
86833000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32370000 USD
CY2020Q1 us-gaap Deposit Assets
DepositAssets
54167000 USD
CY2020Q1 us-gaap Inventory Real Estate
InventoryRealEstate
2789790000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
1067220000 USD
CY2020Q1 us-gaap Assets
Assets
3914456000 USD
CY2019Q4 us-gaap Deposit Assets
DepositAssets
50901000 USD
CY2019Q4 us-gaap Inventory Real Estate
InventoryRealEstate
2744361000 USD
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
4443000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
598544000 USD
CY2019Q4 us-gaap Assets
Assets
3398249000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22100000 USD

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