XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Sale of residential units $ 93,397 $ 66,628
Sale of land and lots 5,940 3,330
Total revenues 99,337 69,958
Cost of residential units 73,761 53,204
Cost of land and lots 4,290 2,340
Total cost of sales 78,051 55,544
Total gross profit 21,286 14,414
Salary expense (5,435) (5,093)
Selling, general and administrative expense (4,278) (3,894)
Operating profit 11,573 5,427
Other income, net 542 516
Income before provision for income taxes 12,115 5,943
Income tax provision 3,889 1,453
Net income 8,226 4,490
Less: net income attributable to noncontrolling interests 2,029 1,396
Net income attributable to Green Brick Partners, Inc. $ 6,197 $ 3,094
Net income attributable to Green Brick Partners, Inc. per common share:    
Basic (in dollars per share) $ 0.13 $ 0.06
Diluted (in dollars per share) $ 0.13 $ 0.06
Weighted average common shares used in the calculation of net income attributable to Green Brick Partners, Inc. per common share:    
Weighted-average number of shares outstanding —basic (shares) 48,958 48,814
Weighted-average number of shares outstanding —diluted (shares) 49,017 48,814