Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Details)

v3.22.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator        
Net income attributable to Landsea Homes Corporation $ 14,935 $ 10,664 $ 28,000 $ 3,590
Less: undistributed earnings allocated to participating shares (339) (236) (619) (78)
Net income attributable to common stockholders $ 14,596 $ 10,428 $ 27,381 $ 3,512
Denominator        
Weighted average common shares outstanding - basic (in shares) 44,081,762 46,281,091 45,208,307 45,800,267
Adjustment for weighted average participating shares outstanding (in shares) (1,000,000) (1,000,000) (1,000,000) (966,667)
Adjusted weighted average common shares outstanding under two class method - basic (in shares) 43,081,762 45,281,091 44,208,307 44,833,600
Dilutive effect of warrants (in shares) 0 0 0 0
Dilutive effect of share-based awards (in shares) 118,705 0 175,100 3,854
Adjusted weighted average common shares outstanding under two class method - diluted (in shares) 43,200,467 45,281,091 44,383,407 44,837,454
Earnings per share        
Basic (in dollars per share) $ 0.34 $ 0.23 $ 0.62 $ 0.08
Diluted (in dollars per share) $ 0.34 $ 0.23 $ 0.62 $ 0.08
Antidilutive securities excluded from computation of earnings per share, amount 1,600,000 7,100,000 1,600,000 7,100,000