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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Financial services revenue $ 28,039 $ 16,044
Total revenue 1,345,699 925,092
Financial services expenses 20,647 10,721
Total cost of revenue 1,147,943 753,052
Gross margin 197,756 172,040
Sales, commissions and other marketing costs 86,327 67,429
General and administrative expenses 50,526 36,454
Equity in income of unconsolidated entities (2,426) (2,319)
Interest income, net (560) (333)
Other expense/(income), net 6,290 (1,392)
Transaction expenses 86,374 4,129
Income/(loss) before income taxes (28,775) 68,072
Income tax provision 781 16,791
Net (loss/)income before allocation to non-controlling interests (29,556) 51,281
Net income attributable to non-controlling interests — joint ventures (1,875) (150)
Net (loss)/income available to Taylor Morrison Home Corporation $ (31,431) $ 51,131
(Loss)/earnings per common share    
Basic (usd per share) $ (0.26) $ 0.46
Diluted (usd per share) $ (0.26) $ 0.46
Weighted average number of shares of common stock:    
Basic (in shares) 121,908 110,512
Diluted (in shares) 121,908 111,668
Home closings    
Revenue $ 1,264,640 $ 899,881
Cost of home/land closings 1,070,503 735,797
Land closings    
Revenue 22,939 4,113
Cost of home/land closings 27,132 2,692
Amenity    
Revenue 30,081 5,054
Cost of home/land closings $ 29,661 $ 3,842