Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Quarterly results are as follows⁽¹⁾:



(Dollars in thousands except per share data)	First Quarter 2016		Second Quarter 2016		Third Quarter 2016		Fourth Quarter 2016
Total revenues	$	645,329	$	854,316	$	853,417	$	1,196,967
Gross margin	118,641		159,752		178,854		223,032
Income from continuing operations before income taxes	38,991		67,768		90,391		117,056
Net income before allocation to non-controlling interests	26,104		45,664		58,684		76,111
Net income available to Taylor Morrison Home Corporation	6,813		11,685		14,837		19,281
Basic and diluted earnings per share	$	0.21	$	0.37	$	0.49	$	0.63



(Dollars in thousands except per share data)	First Quarter 2015		Second Quarter 2015		Third Quarter 2015		Fourth Quarter 2015
Total revenues	$	509,415	$	700,973	$	796,288	$	970,144
Gross margin	94,583		136,659		149,472		187,201
Income from continuing operations before income taxes	62,224		29,960		68,246		100,557
Net income before allocation to non-controlling interests	96,844		20,021		45,794		66,386
Net income available to Taylor Morrison Home Corporation	25,962		5,077		12,344		17,667
Basic and diluted earnings per share	$	0.79	$	0.15	$	0.37	$	0.54

⁽¹⁾The sum of the individual quarterly amounts may not agree to the annual amounts included in the accompanying consolidated statements of operations due to rounding.