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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
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,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income available to TMHC – basic
 
$
58,678

 
$
27,401

 
$
103,422

 
$
37,169

Net income attributable to non-controlling interest
 
474

 
28,322

 
3,133

 
54,164

Loss fully attributable to public holding company
 
84

 
125

 
248

 
152

Net income – diluted
 
$
59,236

 
$
55,848

 
$
106,803

 
$
91,485

Denominator:
 
 
 
 
 
 
 
 
Weighted average shares – basic (Class A)
 
111,347

 
58,977

 
110,508

 
48,822

Weighted average shares – non-controlling interest (Class B)
 
867

 
60,630

 
3,339

 
70,766

Restricted stock units
 
898

 
1,075

 
1,068

 
976

Stock Options
 
370

 
379

 
485

 
331

Weighted average shares – diluted
 
113,482

 
121,061

 
115,400

 
120,895

Earnings per common share – basic:
 
 
 
 
 
 
 
 
Net income available to Taylor Morrison Home Corporation
 
$
0.53

 
$
0.46

 
$
0.94

 
$
0.76

Earnings per common share – diluted:
 
 
 
 
 
 
 
 
Net income available to Taylor Morrison Home Corporation
 
$
0.52

 
$
0.46

 
$
0.93

 
$
0.76