Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

The following table presents a reconciliation of basic and diluted net income per common share for the following periods:


	Three Months Ended March 31,
	2021		2020
Net income (loss)	$	30,640	$	(60,570)
Less:
Net income (loss) attributable to non-controlling interests	2,059		(563)
Net income allocated to participating securities	602		—
Net income (loss) attributable to Tiptree Inc. common shares - basic	27,979		(60,007)







Effect of Dilutive Securities:
Securities of subsidiaries	(574)		—
Adjustments to income relating to exchangeable interests, net of tax	1,961		—
Net income (loss) attributable to Tiptree Inc. common shares - diluted	$	29,366	$	(60,007)

Weighted average number of shares of common stock outstanding - basic	32,420,982		34,566,330
Weighted average number of incremental shares of common stock issuable from exchangeable interests and contingent considerations	3,763,037		—
Weighted average number of shares of common stock outstanding - diluted	36,184,019		34,566,330




Basic net income (loss) attributable to common shares	$	0.86	$	(1.74)




Diluted net income (loss) attributable to common shares	$	0.81	$	(1.74)