Note 2 - Computation of Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

2.    Computation of Earnings (Loss) Per Share

The following table sets forth the components used in the computation of basic and diluted earnings per share for the years ended December 31, 2019, 2018 and 2017:

	Year Ended December 31,
	2019			2018			2017
	(Dollars in thousands, except per share amounts)
Numerator:
Net income (loss) attributable to The New Home Company Inc.	$	(8,037	)	$	(14,216	)	$	17,152
Denominator:
Basic weighted-average shares outstanding		20,063,148			20,703,967			20,849,736
Effect of dilutive shares:
Stock options and unvested restricted stock units		—			—			145,762
Diluted weighted-average shares outstanding		20,063,148			20,703,967			20,995,498
Basic earnings (loss) per share attributable to The New Home Company Inc.	$	(0.40	)	$	(0.69	)	$	0.82
Diluted earnings (loss) per share attributable to The New Home Company Inc.	$	(0.40	)	$	(0.69	)	$	0.82
Antidilutive stock options and unvested restricted stock units not included in diluted earnings per share		1,320,400			1,311,802			7,074