Earnings (Loss) per share

Basic earnings (loss) per share of Class A common stock is computed by dividing net income/(loss) attributable to UCP, Inc. earnings by the weighted average number of shares of Class A common stock outstanding during the period. Diluted loss per share of Class A common stock is computed similarly to basic earnings or loss per share except the weighted average shares outstanding are increased to include additional shares from the assumed exercise of any Class A common stock equivalents using the treasury method, if dilutive. The Company’s RSUs are considered Class A common stock equivalents for this purpose.

All losses prior to and up to the IPO were entirely allocable to noncontrolling interest. Consequently, only the loss allocable to UCP, Inc. from the period subsequent to the IPO is included in the net loss attributable to the stockholders of Class A common stock for the year ended December 31, 2013. Basic and diluted net income (loss) per share of Class A common stock from IPO to December 31, 2013 have been computed as follows (in thousands, except share and per share amounts):



	IPO to December 31, 2013
Numerator
Net loss attributable to UCP, Inc.	$	(1,941	)

Denominator
Weighted average shares of Class A common stock outstanding - basic and diluted	7,750,000

Net loss per share of Class A common stock - basic and diluted	$	(0.25	)