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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:                      
Home sales $ 279,885 $ 114,622 $ 96,929 $ 69,406 $ 261,668 $ 125,142 $ 78,836 $ 42,303 $ 560,842 $ 507,949 $ 280,209
Fee building, including management fees from unconsolidated joint ventures of $4,945, $8,202 and $12,426, respectively 44,217 43,309 47,181 55,617 60,781 52,761 30,028 42,937 190,324 186,507 149,890
Revenues                 751,166 694,456 430,099
Cost of Sales:                      
Home sales 234,668 95,992 82,488 60,065 221,700 105,799 69,390 36,670 473,213 433,559 235,232
Home sales impairments 900 0 1,300 0 2,350 0 0 0 2,200 2,350 0
Land sale impairment         1,150 0 0 0 0 1,150 0
Fee building 43,194 41,808 45,899 53,926 58,040 50,832 28,317 40,914 184,827 178,103 139,677
Cost of Sales                 660,240 615,162 374,909
Gross Margin:                      
Gross Profit Home Sales 44,317 18,630 13,141 9,341 37,618 19,343 9,446 5,633 85,429 72,040 44,977
Gross Profit Land Sales         (1,150) 0 0 0 0 (1,150) 0
Gross Profit Fee Building 1,023 1,501 1,282 1,691 2,741 1,929 1,711 2,023 5,497 8,404 10,213
Gross Margin                 90,926 79,294 55,190
Expenses:                      
Selling and marketing expenses                 (32,702) (26,744) (13,741)
General and administrative expenses                 (26,330) (25,882) (20,278)
Equity in net income of unconsolidated joint ventures                 866 7,691 13,767
Other income (expense), net                 (229) (409) (1,027)
Pretax income 21,692 6,974 2,505 1,360 22,080 9,042 3,939 (1,111) 32,531 33,950 33,911
Provision for income taxes                 (15,390) (13,024) (12,533)
Net income                 17,141 20,926 21,378
Net loss attributable to noncontrolling interest                 11 96 310
Net income attributable to The New Home Company Inc. $ 10,471 $ 4,318 $ 1,517 $ 846 $ 13,780 $ 5,547 $ 2,509 $ (814) $ 17,152 $ 21,022 $ 21,688
Earnings per share attributable to The New Home Company Inc.                      
Earnings Per Share, Basic $ 0.50 [1] $ 0.21 [1] $ 0.07 [1] $ 0.04 [1] $ 0.67 $ 0.27 $ 0.12 $ (0.04) $ 0.82 [1] $ 1.02 $ 1.29
Earnings Per Share, Diluted $ 0.50 [1] $ 0.21 [1] $ 0.07 [1] $ 0.04 [1] $ 0.66 $ 0.27 $ 0.12 $ (0.04) $ 0.82 [1] $ 1.01 $ 1.28
Weighted average number of shares outstanding                      
Basic (in shares)                 20,849,736 20,685,386 16,767,513
Diluted (in shares)                 20,995,498 20,791,445 16,941,088
[1] (1)Some amounts do not add to our full year results presented on our consolidated statement of operations due to rounding differences in quarterly and annual weighted average share calculations