Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator        
Net income attributable to Landsea Homes Corporation $ 4,947 $ 14,935 $ 8,165 $ 28,000
Less: undistributed earnings allocated to participating shares 0 (339) 0 (619)
Net income attributable to common stockholders $ 4,947 $ 14,596 $ 8,165 $ 27,381
Denominator        
Weighted average common shares outstanding - basic (in shares) 39,891,982 44,081,762 39,944,549 45,208,307
Adjustment for weighted average participating shares outstanding (in shares) 0 (1,000,000) 0 (1,000,000)
Adjusted weighted average common shares outstanding under two class method - basic (in shares) 39,891,982 43,081,762 39,944,549 44,208,307
Dilutive effect of warrants (in shares) 0 0 0 0
Dilutive effect of share-based awards (in shares) 79,749 118,705 115,182 175,100
Adjusted weighted average common shares outstanding under two class method - diluted (in shares) 39,971,731 43,200,467 40,059,731 44,383,407
Earnings per share        
Basic (in dollars per share) $ 0.12 $ 0.34 $ 0.20 $ 0.62
Diluted (in dollars per share) $ 0.12 $ 0.34 $ 0.20 $ 0.62
Antidilutive securities excluded from computation of earnings per share, amount (in shares) 2,500,000 1,600,000 2,200,000 1,600,000