The following is a summary of the components of basic and diluted earnings per share:



	Year Ended December 31,
(Dollars in thousands except per share data)	2016		2015			2014
Numerator:
Net income available to TMHC – basic	$	52,616	$	61,049		$	71,469
Income from discontinued operations, net of tax	—		58,059			41,902
Income from discontinued operations, net of tax attributable to non-controlling interest – Principal Equityholders	—		(42,406		)	(30,594		)
Net income from discontinued operations — basic	$	—	$	15,653		$	11,308
Net income from continuing operations — basic	$	52,616	$	45,396		$	60,161
Net income from continuing operations — basic	$	52,616	$	45,396		$	60,161
Net income from continuing operations attributable to non-controlling interest – Principal Equityholders	152,653		123,909			163,790
Loss fully attributable to public holding company	211		261			282
Net income from continuing operations — diluted	$	205,480	$	169,566		$	224,233
Net income from discontinued operations — diluted	$	—	$	58,059		$	41,902
Denominator:
Weighted average shares — basic (Class A)	31,084		33,063			32,937
Weighted average shares — Principal Equityholders’ non-controlling interest (Class B)	89,062		89,168			89,328
Restricted stock units	610		153			48
Stock options	76		—			—
Weighted average shares — diluted	120,832		122,384			122,313
Earnings per common share — basic:
Income from continuing operations	$	1.69	$	1.38		$	1.83
Income from discontinued operations, net of tax	$	—	$	0.47		$	0.34
Net income available to Taylor Morrison Home Corporation	$	1.69	$	1.85		$	2.17
Earnings per common share — diluted:
Income from continuing operations	$	1.69	$	1.38		$	1.83
Income from discontinued operations, net of tax	$	—	$	0.47		$	0.34
Net income available to Taylor Morrison Home Corporation	$	1.69	$	1.85		$	2.17