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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Financial services revenue $ 16,044 $ 14,206
Total revenue 925,092 752,333
Financial services expenses 10,721 10,044
Total cost of revenue 753,052 609,231
Gross margin 172,040 143,102
Sales, commissions and other marketing costs 67,429 53,698
General and administrative expenses 36,454 33,318
Equity in income of unconsolidated entities (2,319) (3,246)
Interest income, net (333) (343)
Other (income)/expense, net (1,392) 437
Transaction expenses 4,129 0
Income/(loss) before income taxes 68,072 59,238
Income tax provision 16,791 11,706
Net income before allocation to non-controlling interests 51,281 47,532
Net income attributable to non-controlling interests — joint ventures   (129)
Net income before non-controlling interests 51,131 47,403
Net income attributable to non-controlling interests 0 (2,470)
Net income available to Taylor Morrison Home Corporation $ 51,131 $ 44,933
Earnings per common share    
Basic (usd per share) $ 0.46 $ 0.42
Diluted (usd per share) $ 0.46 $ 0.41
Weighted average number of shares of common stock:    
Basic (in shares)   107,195
Diluted (in shares) 111,668 114,767
Home closings    
Revenue $ 899,881 $ 732,959
Cost of home/land closings 735,797 594,906
Land closings    
Revenue 4,113 5,168
Cost of home/land closings 2,692 4,281
Amenity    
Revenue 5,054 0
Cost of home/land closings $ 3,842 $ 0