XML 170 R9.htm IDEA: XBRL DOCUMENT
v3.20.2

Net Income Attributable to Green Brick Partners, Inc. Per Share | 9 Months Ended
--- | ---
Sep. 30, 2020
Earnings Per Share [Abstract] |
Net Income Attributable to Green Brick Partners, Inc. Per Share | EARNINGS PER SHARE The Company’s RSAs have the right to receive forfeitable dividends on an equal basis with common stock and therefore are not considered participating securities that must be included in the calculation of net income per share using the two-class method. Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during each period, adjusted for nonvested shares of RSAs during each period. Diluted earnings per share is calculated using the treasury stock method and includes the effect of all dilutive securities, including stock options and RSAs. The computation of basic and diluted net income attributable to Green Brick Partners, Inc. per share is as follows (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Net income attributable to Green Brick Partners, Inc. | $ | 34,819 |  |  | $ | 15,671 |  |  | $ | 84,383 |  |  | $ | 42,736 |
Weighted-average number of shares outstanding - basic | 50,617 |  |  | 50,475 |  |  | 50,552 |  |  | 50,564 |
Basic net income attributable to Green Brick Partners, Inc. per share | $ | 0.69 |  |  | $ | 0.31 |  |  | $ | 1.67 |  |  | $ | 0.85 |
Weighted-average number of shares outstanding - basic | 50,617 |  |  | 50,475 |  |  | 50,552 |  |  | 50,564 |
Dilutive effect of stock options and restricted stock awards | 259 |  |  | 122 |  |  | 187 |  |  | 78 |
Weighted-average number of shares outstanding - diluted | 50,876 |  |  | 50,597 |  |  | 50,739 |  |  | 50,642 |
Diluted net income attributable to Green Brick Partners, Inc. per share | $ | 0.68 |  |  | $ | 0.31 |  |  | $ | 1.66 |  |  | $ | 0.84 |
The following shares which could potentially dilute earnings per share in the future are not included in the determination of diluted net income attributable to Green Brick Partners, Inc. per common share (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Antidilutive options to purchase common stock and restricted stock awards | — |  |  | — |  |  | 4 |  |  | 19 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration