Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details)

v3.23.1
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Numerator    
Net income attributable to Landsea Homes Corporation $ 3,218 $ 13,065
Less: undistributed earnings allocated to participating shares 0 (289)
Net income attributable to common stockholders $ 3,218 $ 12,776
Denominator    
Weighted average common shares outstanding - basic (in shares) 39,997,699 46,347,369
Adjustment for weighted average participating shares outstanding (in shares) 0 (1,000,000)
Adjusted weighted average common shares outstanding under two class method - basic (in shares) 39,997,699 45,347,369
Dilutive effect of warrants (in shares) 0 0
Dilutive effect of share-based awards (in shares) 119,174 161,187
Adjusted weighted average common shares outstanding under two class method - diluted (in shares) 40,116,873 45,508,556
Earnings per share    
Basic (in dollars per share) $ 0.08 $ 0.28
Diluted (in dollars per share) $ 0.08 $ 0.28
Antidilutive securities excluded from computation of earnings per share, amount 2,400,000 7,100,000