EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2018		2017		2018		2017
Numerator:
Net income available to TMHC – basic	$	93,568	$	32,876	$	196,446	$	68,789
Net income attributable to non-controlling interest	714		21,390		4,391		76,810
Loss fully attributable to public holding company	100		136		349		288
Net income – diluted	$	94,382	$	54,402	$	201,186	$	145,887
Denominator:
Weighted average shares – basic (Class A)	111,396		72,471		112,449		56,791
Weighted average shares – non-controlling interest (Class B)	863		47,253		2,508		62,842
Restricted stock units	904		1,121		1,043		1,026
Stock Options	277		338		378		332
Weighted average shares – diluted	113,440		121,183		116,378		120,991
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	0.84	$	0.45	$	1.75	$	1.21
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	0.83	$	0.45	$	1.73	$	1.21