Note 2 - Computation of Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2020

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 loss per share for the three and six months ended June 30, 2020 and 2019:

	Three Months Ended June 30,					Six Months Ended June 30,
	2020			2019		2020			2019
	(Dollars in thousands, except per share amounts)
Numerator:
Net income (loss) attributable to The New Home Company Inc.	$	(24,293	)	$	1,572	$	(32,769	)	$	(415	)
Denominator:
Basic weighted-average shares outstanding		18,341,549			20,070,914		19,146,687			20,028,600
Effect of dilutive shares:
Stock options and unvested restricted stock units		—			24,619		—			—
Diluted weighted-average shares outstanding		18,341,549			20,095,533		19,146,687			20,028,600
Basic earnings (loss) per share attributable to The New Home Company Inc.	$	(1.32	)	$	0.08	$	(1.71	)	$	(0.02	)
Diluted earnings (loss) per share attributable to The New Home Company Inc.	$	(1.32	)	$	0.08	$	(1.71	)	$	(0.02	)
Antidilutive stock options and unvested restricted stock units not included in diluted earnings (loss) per share		1,897,100			1,349,106		1,841,463			1,292,726