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

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2023

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


	Three Months Ended March 31,
	2023		2022
Basic weighted average number of shares outstanding	36,664		36,996
Effect of dilutive securities:

Unvested restricted stock	457		531
Diluted average shares outstanding	37,121		37,527
Net earnings	$	131,301	$	217,254


Basic earnings per share	$	3.58	$	5.87
Diluted earnings per share	$	3.54	$	5.79