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Computation of Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of (Loss) Earnings Per Share
Computation of Earnings Per Share
The following table sets forth the components used in the computation of basic and diluted earnings per share for the three and six months ended June 30, 2016 and 2015:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(Dollars in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income attributable to The New Home Company Inc.
$
2,509

 
$
449

 
$
1,695

 
$
5,018

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
20,709,139

 
16,516,546

 
20,654,998

 
16,502,578

Effect of dilutive shares:
 
 
 
 
 
 
 
Stock options and unvested restricted stock units
51,047

 
156,103

 
90,804

 
121,085

Diluted weighted-average shares outstanding
20,760,186

 
16,672,649

 
20,745,802

 
16,623,663

 
 
 
 
 
 
 
 
Basic earnings per share attributable to The New Home Company Inc.
$
0.12

 
$
0.03

 
$
0.08

 
$
0.30

Diluted earnings per share attributable to The New Home Company Inc.
$
0.12

 
$
0.03

 
$
0.08

 
$
0.30

 
 
 
 
 
 
 
 
Antidilutive stock options and unvested restricted stock units not included in diluted earnings per share
888,953

 
787

 
867,272

 
396