EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Numerator:
Net income available to TMHC	$	290,987	$	124,147	$	467,690	$	222,168
Denominator:
Weighted average shares – basic	117,932		128,440		119,550		128,661
Restricted stock units	513		801		667		892
Stock Options	486		824		579		834
Warrants	—		194		—		379
Weighted average shares – diluted	118,931		130,259		120,796		130,766
Earnings per common share – basic:
Net income available to Taylor Morrison Home Corporation	$	2.47	$	0.97	$	3.91	$	1.73
Earnings per common share – diluted:
Net income available to Taylor Morrison Home Corporation	$	2.45	$	0.95	$	3.87	$	1.70