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Computation of Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of (Loss) Earnings Per Share
Computation of Earnings (Loss) Per Share
The following table sets forth the components used in the computation of basic and diluted earnings (loss) per share for the three months ended March 31, 2016 and 2015:
 
Three Months Ended March 31,
 
2016
 
2015
 
(Dollars in thousands, except per share amounts)
Numerator:
 
 
 
Net income (loss) attributable to The New Home Company Inc.
$
(814
)
 
$
4,569

 
 
 
 
Denominator:
 
 
 
Basic weighted-average shares outstanding
20,599,014

 
16,487,859

Effect of dilutive shares:
 
 
 
Stock options and unvested restricted stock units
—

 
86,421

Diluted weighted-average shares outstanding
20,599,014

 
16,574,280

 
 
 
 
Basic earnings (loss) per share attributable to The New Home Company Inc.
$
(0.04
)
 
$
0.28

Diluted earnings (loss) per share attributable to The New Home Company Inc.
$
(0.04
)
 
$
0.28

 
 
 
 
Antidilutive stock options and unvested restricted stock units not included in diluted earnings (loss) per share
1,214,427

 
19,280