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

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2021

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


	Three Months Ended March 31,
	2021		2020
Basic weighted average number of shares outstanding	37,644		38,085
Effect of dilutive securities:

Unvested restricted stock	695		732
Diluted average shares outstanding	38,339		38,817
Net earnings	$	131,843	$	71,152


Basic earnings per share	$	3.50	$	1.87
Diluted earnings per share	$	3.44	$	1.83