Meritage Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):



	Three Months Ended March 31,
	2019		2018
Basic weighted average number of shares outstanding	38,215		40,488
Effect of dilutive securities:
Unvested restricted stock	634		652
Diluted average shares outstanding	38,849		41,140
Net earnings	$	25,412	$	43,874
Basic earnings per share	$	0.66	$	1.08
Diluted earnings per share	$	0.65	$	1.07
Antidilutive stock not included in the calculation of diluted earnings per share	139		1