XML 31 R18.htm IDEA: XBRL DOCUMENT
v3.25.3

Net Income Attributable to Green Brick Partners, Inc. Per Share | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings Per Share [Abstract] |
Net Income Attributable to Green Brick Partners, Inc. Per Share | The Company’s RSAs have the right to receive forfeitable dividends on an equal basis with common stock, however, its PRSUs do not participate in dividends with common stock. As such, PRSUs are not considered participating securities and are excluded from the calculation of net income per share using the two-class method. Basic earnings per common share is computed by dividing net income allocated to common stockholders by the weighted average number of common shares outstanding during each period, adjusted for non-vested shares of RSAs and PRSUs during each period. Net income applicable to common stockholders is net income adjusted for preferred stock dividends including dividends declared and cumulative dividends related to the current dividend period that have not been declared as of period end. Diluted earnings per share is calculated using the treasury stock method and includes the effect of all dilutive securities, including stock options, RSAs, RSUs and PRSUs. 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,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net income attributable to Green Brick Partners, Inc. | $ | 77,853 |  |  | $ | 89,111 |  |  | $ | 234,860 |  |  | $ | 277,770 |
Preferred dividends | (719) |  |  | (719) |  |  | (2,156) |  |  | (2,156) |
Net income applicable to common stockholders | 77,134 |  |  | 88,392 |  |  | 232,704 |  |  | 275,614 |
Weighted-average number of common shares outstanding - basic | 43,541 |  |  | 44,457 |  |  | 43,914 |  |  | 44,614 |
Basic net income attributable to Green Brick Partners, Inc. per common share | $ | 1.77 |  |  | $ | 1.99 |  |  | $ | 5.30 |  |  | $ | 6.18 |
Weighted-average number of common shares outstanding - basic | 43,541 |  |  | 44,457 |  |  | 43,914 |  |  | 44,614 |
Dilutive effect of stock options and restricted stock awards | 91 |  |  | 73 |  |  | 117 |  |  | 405 |
Weighted-average number of common shares outstanding - diluted | 43,632 |  |  | 44,530 |  |  | 44,031 |  |  | 45,019 |
Diluted net income attributable to Green Brick Partners, Inc. per common share | $ | 1.77 |  |  | $ | 1.98 |  |  | $ | 5.29 |  |  | $ | 6.12 |
Antidilutive common stock equivalents excluded from the diluted earnings per share calculation are not material.

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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration