Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Summary of Earnings Per Common 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,
	2017		2016
Numerator:
Net income available to TMHC – basic	$	11,476	$	6,813
Net income attributable to non-controlling interest – Principal Equityholders	24,134		19,107
Loss fully attributable to public holding company	27		72
Net income – diluted	$	35,637	$	25,992
Denominator:
Weighted average shares – basic (Class A)	38,554		31,923
Weighted average shares – Principal Equityholders’ non-controlling interest (Class B)	81,015		89,107
Restricted stock units	703		237
Stock Options	206		—
Weighted average shares – diluted	120,478		121,267
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	0.30	$	0.21
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	0.30	$	0.21