Meritage Homes Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

Consolidated Statements of Stockholders' Equity (USD $) In Thousands, except Share data	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock
Balance at Dec. 31, 2011	$ 488,912us-gaap_StockholdersEquity	$ 404	$ 478,839	$ 198,442	$ (188,773)
Balance, shares at Dec. 31, 2011		40,377,000
Net earnings	105,163us-gaap_NetIncomeLoss			105,163
Exercise/vesting of equity awards, shares		482,000
Exercise/vesting of equity awards, value	4,267	5	4,262
Excess income tax benefit from stock-based awards	436		436
Equity award compensation expense	8,319		8,319
Issuance of stock, shares		2,645,000
Issuance of stock, value	87,113	26	87,087
Cancellation of treasury shares, shares		(7,891,000)
Cancellation of treasury shares, value	0	(79)	(188,694)		188,773
Balance at Dec. 31, 2012	694,210us-gaap_StockholdersEquity	356	390,249	303,605	0
Balance, shares at Dec. 31, 2012		35,613,000
Non-controlling interest acquisition	(257)		(257)
Balance at Sep. 30, 2013
Balance at Dec. 31, 2012	694,210us-gaap_StockholdersEquity	356	390,249	303,605
Balance, shares at Dec. 31, 2012		35,613,000
Net earnings	124,464us-gaap_NetIncomeLoss			124,464
Exercise/vesting of equity awards, shares		631,000
Exercise/vesting of equity awards, value	11,601	6	11,595
Excess income tax benefit from stock-based awards	1,891		1,891
Equity award compensation expense	9,483		9,483
Balance at Dec. 31, 2013	841,392us-gaap_StockholdersEquity	362	412,961	428,069	0
Balance, shares at Dec. 31, 2013	36,244,071us-gaap_CommonStockSharesIssued	36,244,000
Net earnings	142,241us-gaap_NetIncomeLoss	0	0	142,241
Exercise/vesting of equity awards, shares		373,000
Exercise/vesting of equity awards, value	1,042	4	1,038	0
Excess income tax benefit from stock-based awards	2,297		2,297
Equity award compensation expense	12,211	0	12,211	0
Issuance of stock, shares		2,530,000
Issuance of stock, value	110,420	25	110,395	0
Other	(114)us-gaap_StockholdersEquityOther		(114)
Balance at Dec. 31, 2014	$ 1,109,489us-gaap_StockholdersEquity	$ 391	$ 538,788	$ 570,310	$ 0
Balance, shares at Dec. 31, 2014	39,147,153us-gaap_CommonStockSharesIssued	39,147,000