Landsea Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2021 and 2020:


	Three Months Ended March 31,
	2021		2020
	(dollars in thousands, except share and per share amounts)
Numerator
Net (loss) attributable to Landsea Homes Corporation	$	(7,074)	$	(2,536)



Denominator
Weighted average common shares outstanding - basic	45,167,513		32,557,303
Adjustment for weighted average participating shares outstanding	(922,222)		—
Adjustment for weighted average shares vested but awaiting issuance	556		—
Adjusted weighted average common shares outstanding under two class method - basic	44,245,847		32,557,303
Dilutive effect of warrants	—		—
Adjusted weighted average common shares outstanding under two class method - diluted	44,245,847		32,557,303

Earnings per share
Basic and diluted	$	(0.16)	$	(0.08)