EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Summary of Components of Basic and Diluted Earnings Per Share

The following is a summary of the components of basic and diluted earnings per share (in thousands, except per share amounts):

	Three Months Ended March 31,
	2023		2022
Numerator:
Net income available to TMHC	$	191,051	$	176,703
Denominator:
Weighted average shares – basic		108,429		121,186
Restricted stock units		913		801
Stock Options		711		670
Weighted average shares – diluted		110,053		122,657
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	1.76	$	1.46
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	1.74	$	1.44