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



	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Numerator:
Net income available to TMHC – basic	$	14,837	$	12,344	$	33,335	$	43,382
Income from discontinued operations, net of tax	—		—		—		56,662
Income from discontinued operations, net of tax attributable to non-controlling interest – Principal Equityholders	—		—		—		(41,381		)
Net income from discontinued operations – basic	$	—	$	—	$	—	$	15,281
Net income from continuing operations – basic	$	14,837	$	12,344	$	33,335	$	28,101
Net income from continuing operations – basic	$	14,837	$	12,344	$	33,335	$	28,101
Net income from continuing operations attributable to non-controlling interest – Principal Equityholders	43,471		33,312		96,261		76,470
Loss fully attributable to public holding company	19		5		191		234
Net income from continuing operations – diluted	$	58,327	$	45,661	$	129,787	$	104,805
Net income from discontinued operations – diluted	$	—	$	—	$	—	$	56,662
Denominator:
Weighted average shares – basic (Class A)	30,427		33,122		31,300		33,088
Weighted average shares – Principal Equityholders’ non-controlling interest (Class B)	89,053		89,158		89,089		89,188
Restricted stock units	522		178		463		136
Stock Options	101		—		18		—
Weighted average shares – diluted	120,103		122,458		120,870		122,412
Earnings per common share – basic:
Income from continuing operations	$	0.49	$	0.37	$	1.07	$	0.85
Income from discontinued operations, nets of tax	$	—	$	—	$	—	$	0.46
Net income available to Taylor Morrison Home Corporation	$	0.49	$	0.37	$	1.07	$	1.31
Earnings per common share – diluted:
Income from continuing operations	$	0.49	$	0.37	$	1.07	$	0.85
Income from discontinued operations, net of tax	$	—	$	—	$	—	$	0.46
Net income available to Taylor Morrison Home Corporation	$	0.49	$	0.37	$	1.07	$	1.31