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Net Income Attributable to Green Brick Partners, Inc. Per Share
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Income Attributable to Green Brick Partners, Inc. Per Share PER SHARE

The Company’s RSAs have the right to receive forfeitable dividends on an equal basis with common stock and therefore are not considered participating securities that must be included in the calculation of net income per share using the two-class method.

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during each period, adjusted for nonvested shares of RSAs during each period. Diluted earnings per share is calculated using the treasury stock method and includes the effect of all dilutive securities, including stock options and RSAs.

The computation of basic and diluted net income attributable to Green Brick Partners, Inc. per share is as follows (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Net income attributable to Green Brick Partners, Inc.
$
15,671

 
$
12,197

 
$
42,736

 
$
38,269


 
 
 
 
 
 
 
Weighted-average number of shares outstanding - basic
50,475

 
50,686

 
50,564

 
50,642

Basic net income attributable to Green Brick Partners, Inc. per share
$
0.31

 
$
0.24

 
$
0.85

 
$
0.76


 
 
 
 
 
 
 
Weighted-average number of shares outstanding - basic
50,475

 
50,686

 
50,564

 
50,642

Dilutive effect of stock options and restricted stock awards
122

 
92

 
78

 
118

Weighted-average number of shares outstanding - diluted
50,597

 
50,778

 
50,642

 
50,760

Diluted net income attributable to Green Brick Partners, Inc. per share
$
0.31

 
$
0.24

 
$
0.84

 
$
0.75



The following shares which could potentially dilute earnings per share in the future are not included in the determination of diluted net income attributable to Green Brick Partners, Inc. per common share (in thousands):

Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019

2018
Antidilutive options to purchase common stock and restricted stock awards
—

 
3

 
19


7