EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Numerator:
Net income available to TMHC – basic	$	27,401	$	11,685	$	37,169	$	18,498
Net income attributable to non-controlling interest – Principal Equityholders	28,322		33,683		54,164		52,790
Loss fully attributable to public holding company	125		100		152		173
Net income – diluted	$	55,848	$	45,468	$	91,485	$	71,461
Denominator:
Weighted average shares – basic (Class A)	58,977		31,574		48,822		31,742
Weighted average shares – Principal Equityholders’ non-controlling interest (Class B)	60,630		89,107		70,766		89,107
Restricted stock units	1,075		366		976		367
Stock Options	379		5		331		1
Weighted average shares – diluted	121,061		121,052		120,895		121,217
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	0.46	$	0.37	$	0.76	$	0.58
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	0.46	$	0.37	$	0.76	$	0.58