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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings per Share
The following table sets for the calculation of the basic and diluted earnings per share for the periods following the business combination transaction for the Company’s Class A common stock (in thousands, except shares and per share amounts):
 
     For the three months ended
September
 30, 2021
     For the 
nine
 months ended
September
 30, 2021
 
Net income
  
$
329,857
 
  
$
1,328,574
 
Net income attributable to
non-controlling
interests
  
 
304,611
 
  
 
1,247,079
 
Net income attributable to UWMC
  
 
25,246
 
  
 
81,495
 
Numerator:
  
 
 
 
  
 
 
 
Net income attributable to Class A common shareholders
  
$
25,246
 
  
$
81,495
 
Net income attributable to Class A common shareholders - diluted
  
$
254,701
 
  
$
887,166
 
Denominator:
  
 
 
 
  
 
 
 
Weighted average shares of Class A common stock outstanding - basic
  
 
101,106,023
 
  
 
102,247,594
 
Weighted average shares of Class A common stock outstanding - diluted
  
 
1,603,710,511
 
  
 
1,604,567,758
 
Earnings per share of Class A common stock outstanding - basic
  
$
0.25
 
  
$
0.80
 
Earnings per share of Class A common stock outstanding - diluted
  
$
0.16
 
  
$
0.55