EARNINGS PER SHARE - (Tables)

9 Months Ended

Sep. 30, 2019

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,
	2019		2018		2019		2018
Numerator:
Net income available to TMHC – basic	$	67,012	$	93,568	$	199,994	$	196,446
Net income attributable to non-controlling interest	—		714		—		4,391
Loss fully attributable to public holding company	—		100		—		349
Net income – diluted	$	67,012	$	94,382	$	199,994	$	201,186
Denominator:
Weighted average shares – basic	105,472		111,396		107,389		112,449
Weighted average shares – non-controlling interest	—		863		—		2,508
Restricted stock units	938		904		912		1,043
Stock Options	442		277		298		378
Weighted average shares – diluted	106,852		113,440		108,599		116,378
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	0.64	$	0.84	$	1.86	$	1.75
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	0.63	$	0.83	$	1.84	$	1.73