Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Numerator        
Net income attributable to Landsea Homes Corporation $ 8,596 $ 19,970 $ 16,761 $ 47,970
Less: undistributed earnings allocated to participating shares 0 (487) 0 (1,094)
Net income attributable to common stockholders $ 8,596 $ 19,483 $ 16,761 $ 46,876
Denominator        
Weighted average common shares outstanding - basic (in shares) 38,336,100 40,935,152 39,402,507 43,768,269
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) 38,336,100 39,935,152 39,402,507 42,768,269
Dilutive effect of warrants (in shares) 0 0 0 0
Dilutive effect of share-based awards (in shares) 104,292 162,117 146,528 175,602
Adjusted weighted average common shares outstanding under two class method - diluted (in shares) 38,440,392 40,097,269 39,549,035 42,943,871
Earnings per share        
Basic (in dollars per share) $ 0.22 $ 0.49 $ 0.43 $ 1.10
Diluted (in dollars per share) $ 0.22 $ 0.49 $ 0.42 $ 1.09
Antidilutive securities excluded from computation of earnings per share, amount (in shares) 2,000,000 1,600,000 2,200,000 1,600,000