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Computation of Earnings Per Share
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of Earnings (Loss) 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 nine months ended September 30, 2017 and 2016:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(Dollars in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income attributable to The New Home Company Inc.
$
4,318

 
$
5,547

 
$
6,681

 
$
7,242

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
20,876,315

 
20,711,952

 
20,839,507

 
20,675,233

Effect of dilutive shares:
 
 
 
 
 
 
 
Stock options and unvested restricted stock units
123,358

 
85,779

 
109,992

 
89,247

Diluted weighted-average shares outstanding
20,999,673

 
20,797,731

 
20,949,499

 
20,764,480

 
 
 
 
 
 
 
 
Basic earnings per share attributable to The New Home Company Inc.
$
0.21

 
$
0.27

 
$
0.32

 
$
0.35

Diluted earnings per share attributable to The New Home Company Inc.
$
0.21

 
$
0.27

 
$
0.32

 
$
0.35

 
 
 
 
 
 
 
 
Antidilutive stock options and unvested restricted stock units not included in diluted earnings per share
831,270

 
845,331

 
838,572

 
866,139